Bichamp Cutting Technology (Hunan) Valuation

Q: What is the Fair Price of 002843 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002843 (CN¥18.55) is trading above our estimate of [[fair value]] (CN¥3.31)

Is 002843 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 002843 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002843 (CN¥18.55) is trading above our estimate of fair value (CN¥3.31)

Significantly Below Fair Value: 002843 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002843?

Key metric: As 002843 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002843. This is calculated by dividing 002843's market cap by their current earnings.
What is 002843's PE Ratio?
PE Ratio	46.6x
Earnings	CN¥96.46m
Market Cap	CN¥4.50b

002843 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	2.5x
Enterprise Value/EBITDA	28x
PEG Ratio	1.6x

Price to Earnings Ratio vs Peers

How does 002843's PE Ratio compare to its peers?

The above table shows the PE ratio for 002843 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	39.8x
002943 Hunan Yujing MachineryLtd	79.2x	n/a	CN¥4.0b
002535 Linzhou Heavy Machinery GroupLtd	18.9x	n/a	CN¥3.1b
300228 Zhangjiagang Furui Special Equipment	18.4x	n/a	CN¥4.1b
301128 ShenZhen QiangRui Precision Technology	42.7x	n/a	CN¥4.1b
002843 Bichamp Cutting Technology (Hunan)	46.6x	28.7%	CN¥4.5b

Price-To-Earnings vs Peers: 002843 is expensive based on its Price-To-Earnings Ratio (46.6x) compared to the peer average (39.2x).

Price to Earnings Ratio vs Industry

How does 002843'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$398.37m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002843 is expensive based on its Price-To-Earnings Ratio (46.6x) compared to the CN Machinery industry average (34.4x).

Price to Earnings Ratio vs Fair Ratio

What is 002843'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.

002843 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	46.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 002843'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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