Weihai Guangtai Airport Equipment Co.,Ltd

XSEC:002111 Stock Report

Market Cap: CN¥5.6b

Weihai Guangtai Airport EquipmentLtd Valuation

Is 002111 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 002111 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002111 (CN¥10.87) is trading above our estimate of fair value (CN¥1.29)

Significantly Below Fair Value: 002111 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002111?

Key metric: As 002111 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002111. This is calculated by dividing 002111's market cap by their current earnings.
What is 002111's PE Ratio?
PE Ratio30x
EarningsCN¥186.42m
Market CapCN¥5.60b

Price to Earnings Ratio vs Peers

How does 002111's PE Ratio compare to its peers?

The above table shows the PE ratio for 002111 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.2x
300201 Xuzhou Handler Special Vehicle
25.9x24.5%CN¥5.3b
002283 Tianrun Industry Technology
15.9x26.2%CN¥5.6b
600817 Yutong Heavy IndustriesLtd
28.5x16.3%CN¥6.4b
301048 Gemac Engineering Machinery
22.6xn/aCN¥5.1b
002111 Weihai Guangtai Airport EquipmentLtd
30x42.9%CN¥5.6b

Price-To-Earnings vs Peers: 002111 is expensive based on its Price-To-Earnings Ratio (30x) compared to the peer average (23.2x).

Price to Earnings Ratio vs Industry

How does 002111's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$398.81m
No more companies available in this PE range
002111 30.0xIndustry Avg. 34.7xNo. of Companies54PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002111 is good value based on its Price-To-Earnings Ratio (30x) compared to the CN Machinery industry average (35x).

Price to Earnings Ratio vs Fair Ratio

What is 002111'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.

002111 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30x
Fair PE Ratio33.6x

Price-To-Earnings vs Fair Ratio: 002111 is good value based on its Price-To-Earnings Ratio (30x) compared to the estimated Fair Price-To-Earnings Ratio (33.6x).

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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