Zhejiang Construction Investment Group Co.,Ltd

XSEC:002761 Stock Report

Market Cap: CN¥11.0b

Zhejiang Construction Investment GroupLtd Valuation

Is 002761 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 002761 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002761 (CN¥10.19) is trading above our estimate of fair value (CN¥0.95)

Significantly Below Fair Value: 002761 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002761?

Key metric: As 002761 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002761. This is calculated by dividing 002761's market cap by their current revenue.
What is 002761's PS Ratio?
PS Ratio0.1x
SalesCN¥79.61b
Market CapCN¥11.02b

Price to Sales Ratio vs Peers

How does 002761's PS Ratio compare to its peers?

The above table shows the PS ratio for 002761 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.9x
002061 Zhejiang Communications Technology
0.2x12.8%CN¥11.6b
600133 Wuhan East Lake High Technology Group
2.3xn/aCN¥11.9b
601068 China Aluminum International Engineering
0.6x8.9%CN¥13.4b
002081 Suzhou Gold Mantis Construction Decoration
0.6x-1.3%CN¥10.2b
002761 Zhejiang Construction Investment GroupLtd
0.1xn/aCN¥11.0b

Price-To-Sales vs Peers: 002761 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.9x).


Price to Sales Ratio vs Industry

How does 002761's PS Ratio compare vs other companies in the CN Construction Industry?

18 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.4x8.9%
002761 Zhejiang Construction Investment GroupLtd
0.1xn/aUS$1.52b
601668 China State Construction Engineering
0.1x5.9%US$34.42b
601390 China Railway Group
0.1x4.8%US$20.39b
002761 0.1xIndustry Avg. 1.4xNo. of Companies17PS01.22.43.64.86+
18 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.4x13.7%
002761 Zhejiang Construction Investment GroupLtd
0.1xn/aUS$1.52b
No more companies

Price-To-Sales vs Industry: 002761 is good value based on its Price-To-Sales Ratio (0.1x) compared to the CN Construction industry average (1.3x).


Price to Sales Ratio vs Fair Ratio

What is 002761's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

002761 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002761's Price-To-Sales 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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