Zhongtong Bus HoldingLTD Valuation

Q: What is the Fair Price of 000957 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

000957 (CN¥12.37) is trading below our estimate of [[fair value]] (CN¥49.18)

Is 000957 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 000957 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000957 (CN¥12.37) is trading below our estimate of fair value (CN¥49.18)

Significantly Below Fair Value: 000957 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000957?

Key metric: As 000957 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000957. This is calculated by dividing 000957's market cap by their current earnings.
What is 000957's PE Ratio?
PE Ratio	38.4x
Earnings	CN¥191.22m
Market Cap	CN¥7.33b

000957 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.8x
Enterprise Value/EBITDA	16.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 000957's PE Ratio compare to its peers?

The above table shows the PE ratio for 000957 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	23.6x
688570 Beijing Tianma Intelligent Control Technology	21.5x	n/a	CN¥8.4b
603680 KTK Group	18.9x	n/a	CN¥6.7b
002434 Zhejiang Wanliyang	36.4x	n/a	CN¥8.6b
603508 Henan Thinker Automatic EquipmentLtd	17.6x	n/a	CN¥8.7b
000957 Zhongtong Bus HoldingLTD	38.4x	n/a	CN¥7.3b

Price-To-Earnings vs Peers: 000957 is expensive based on its Price-To-Earnings Ratio (38.4x) compared to the peer average (23.6x).

Price to Earnings Ratio vs Industry

How does 000957's PE Ratio compare vs other companies in the CN Machinery Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
002021 Zoje Resources Investment	4.6x	n/a	US$396.73m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 000957 is expensive based on its Price-To-Earnings Ratio (38.4x) compared to the CN Machinery industry average (34.4x).

Price to Earnings Ratio vs Fair Ratio

What is 000957'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.

000957 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	38.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 000957'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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