Jiangsu Shentong Valve Co., Ltd.

XSEC:002438 Stock Report

Market Cap: CN¥6.9b

Jiangsu Shentong Valve Valuation

Is 002438 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 002438 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002438 (CN¥13.5) is trading above our estimate of fair value (CN¥10.1)

Significantly Below Fair Value: 002438 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002438?

Key metric: As 002438 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002438. This is calculated by dividing 002438's market cap by their current earnings.
What is 002438's PE Ratio?
PE Ratio23.2x
EarningsCN¥295.13m
Market CapCN¥6.85b

Price to Earnings Ratio vs Peers

How does 002438's PE Ratio compare to its peers?

The above table shows the PE ratio for 002438 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46.9x
603667 Zhejiang XCC GroupLtd
55.7x28.5%CN¥6.8b
300263 Longhua Technology GroupLtd
61.5x43.8%CN¥6.6b
000777 SUFA Technology Industry CNNC
31.8x26.4%CN¥6.6b
002957 Shenzhen Colibri Technologies
38.8x32.4%CN¥6.6b
002438 Jiangsu Shentong Valve
23.2x21.1%CN¥6.9b

Price-To-Earnings vs Peers: 002438 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (48.7x).

Price to Earnings Ratio vs Industry

How does 002438's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$396.87m
No more companies available in this PE range
002438 23.2xIndustry Avg. 35.0xNo. of Companies54PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002438 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the CN Machinery industry average (34.4x).

Price to Earnings Ratio vs Fair Ratio

What is 002438'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.

002438 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.2x
Fair PE Ratio21.4x

Price-To-Earnings vs Fair Ratio: 002438 is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

Analyst Price Targets

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

The above table shows the analyst 002438 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥13.60
CN¥16.23
+19.4%
5.4%CN¥17.00CN¥15.00n/a3
Nov ’25CN¥12.70
CN¥15.85
+24.8%
5.4%CN¥16.70CN¥15.00n/a2
Oct ’25CN¥11.60
CN¥14.45
+24.6%
3.8%CN¥15.00CN¥13.90n/a2
Sep ’25CN¥10.46
CN¥14.45
+38.1%
3.8%CN¥15.00CN¥13.90n/a2
Aug ’25CN¥11.25
CN¥14.55
+29.3%
3.1%CN¥15.00CN¥14.10n/a2
Jul ’25CN¥11.08
CN¥14.55
+31.3%
3.1%CN¥15.00CN¥14.10n/a2
Jun ’25CN¥13.15
CN¥14.55
+10.6%
3.1%CN¥15.00CN¥14.10n/a2
May ’25CN¥13.10
CN¥14.55
+11.1%
3.1%CN¥15.00CN¥14.10n/a2
Apr ’25CN¥11.23
CN¥14.40
+28.2%
6.9%CN¥15.40CN¥13.40n/a2
Mar ’25CN¥10.70
CN¥14.40
+34.6%
6.9%CN¥15.40CN¥13.40n/a2
Feb ’25CN¥8.99
CN¥14.40
+60.2%
6.9%CN¥15.40CN¥13.40n/a2
Jan ’25CN¥11.95
CN¥13.95
+16.7%
3.9%CN¥14.50CN¥13.40n/a2
Dec ’24CN¥10.52
CN¥13.95
+32.6%
3.9%CN¥14.50CN¥13.40n/a2
Nov ’24CN¥9.89
CN¥13.95
+41.1%
3.9%CN¥14.50CN¥13.40CN¥12.702
Oct ’24CN¥10.55
CN¥15.66
+48.4%
7.3%CN¥16.80CN¥14.52CN¥11.602
Sep ’24CN¥10.64
CN¥15.66
+47.2%
7.3%CN¥16.80CN¥14.52CN¥10.462
Aug ’24CN¥11.81
CN¥15.99
+35.4%
5.1%CN¥16.80CN¥15.18CN¥11.252
Jul ’24CN¥11.48
CN¥15.99
+39.3%
5.1%CN¥16.80CN¥15.18CN¥11.082
Jun ’24CN¥11.33
CN¥15.99
+41.1%
5.1%CN¥16.80CN¥15.18CN¥13.152
May ’24CN¥12.38
CN¥15.99
+29.2%
5.1%CN¥16.80CN¥15.18CN¥13.102
Apr ’24CN¥12.81
CN¥16.32
+27.4%
9.4%CN¥17.85CN¥14.79CN¥11.232
Mar ’24n/a
CN¥16.32
0%
9.4%CN¥17.85CN¥14.79CN¥10.702
Feb ’24n/a
CN¥16.32
0%
9.4%CN¥17.85CN¥14.79CN¥8.992
Jan ’24n/a
CN¥16.32
0%
9.4%CN¥17.85CN¥14.79CN¥11.952
Dec ’23n/a
CN¥16.32
0%
9.4%CN¥17.85CN¥14.79CN¥10.522
Nov ’23n/a
CN¥16.32
0%
9.4%CN¥17.85CN¥14.79CN¥9.892

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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