Ningbo Ligong Environment And Energy Technology Co.,Ltd

XSEC:002322 Stock Report

Market Cap: CN¥4.8b

Ningbo Ligong Environment And Energy TechnologyLtd Valuation

Is 002322 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 002322 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002322 (CN¥13.31) is trading below our estimate of fair value (CN¥19.73)

Significantly Below Fair Value: 002322 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002322?

Key metric: As 002322 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002322. This is calculated by dividing 002322's market cap by their current earnings.
What is 002322's PE Ratio?
PE Ratio16.2x
EarningsCN¥298.66m
Market CapCN¥4.83b

Price to Earnings Ratio vs Peers

How does 002322's PE Ratio compare to its peers?

The above table shows the PE ratio for 002322 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average44x
002733 Shenzhen Center Power Tech
59.7xn/aCN¥4.9b
603275 Shanghai Zhongchen Electronic TechnologyLtd
23.5xn/aCN¥4.8b
603016 Wuxi New Hongtai Electrical TechnologyLtd
60.7xn/aCN¥4.2b
301525 Shanghai Ruking Technologies
31.9x41.3%CN¥5.3b
002322 Ningbo Ligong Environment And Energy TechnologyLtd
16.2xn/aCN¥4.8b

Price-To-Earnings vs Peers: 002322 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (44x).

Price to Earnings Ratio vs Industry

How does 002322's PE Ratio compare vs other companies in the CN Electrical Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
300023 Bode Energy Equipment
3.6xn/aUS$51.42m
No more companies available in this PE range
002322 16.2xIndustry Avg. 35.7xNo. of Companies36PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002322 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the CN Electrical industry average (35.7x).

Price to Earnings Ratio vs Fair Ratio

What is 002322'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.

002322 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 002322'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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