Hengerda New Materials (Fujian) Co., Ltd.

SZSE:300946 Stock Report

Market Cap: CN¥3.2b

Hengerda New Materials (Fujian) Valuation

Is 300946 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300946 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300946 (CN¥27.7) is trading above our estimate of fair value (CN¥3.99)

Significantly Below Fair Value: 300946 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300946?

Key metric: As 300946 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300946. This is calculated by dividing 300946's market cap by their current earnings.
What is 300946's PE Ratio?
PE Ratio35.3x
EarningsCN¥94.16m
Market CapCN¥3.24b

Price to Earnings Ratio vs Peers

How does 300946's PE Ratio compare to its peers?

The above table shows the PE ratio for 300946 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.9x
603757 Zhejiang Dayuan Pumps Industry
14.6x20.9%CN¥3.3b
003025 Sijin Intelligent Forming Machinery
19.2xn/aCN¥3.5b
301317 Xinlei Compressor
49.4xn/aCN¥3.1b
301252 Zhejiang Tongxing Technology
28.5xn/aCN¥3.4b
300946 Hengerda New Materials (Fujian)
35.3xn/aCN¥3.2b

Price-To-Earnings vs Peers: 300946 is expensive based on its Price-To-Earnings Ratio (35.3x) compared to the peer average (27.9x).


Price to Earnings Ratio vs Industry

How does 300946's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$398.37m
No more companies available in this PE range
300946 35.3xIndustry Avg. 34.4xNo. of Companies52PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300946 is expensive based on its Price-To-Earnings Ratio (35.3x) compared to the CN Machinery industry average (34.4x).


Price to Earnings Ratio vs Fair Ratio

What is 300946's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300946 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 300946's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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