Guangzhou Metro Design & Research Institute Co., Ltd.

XSEC:003013 Stock Report

Market Cap: CN¥6.1b

Guangzhou Metro Design & Research Institute Valuation

Is 003013 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 003013 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 003013 (CN¥15.05) is trading above our estimate of fair value (CN¥2.12)

Significantly Below Fair Value: 003013 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 003013?

Key metric: As 003013 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 003013. This is calculated by dividing 003013's market cap by their current earnings.
What is 003013's PE Ratio?
PE Ratio13.9x
EarningsCN¥442.19m
Market CapCN¥6.15b

Price to Earnings Ratio vs Peers

How does 003013's PE Ratio compare to its peers?

The above table shows the PE ratio for 003013 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.2x
601886 Jangho Group
8.7x20.6%CN¥6.2b
600496 Changjiang & Jinggong Steel Building (Group)
12.2x7.1%CN¥6.0b
301058 COFCO Technology & Industry
26.1x18.1%CN¥5.9b
600477 Hang Xiao Steel StructureLtd
25.9x12.0%CN¥6.5b
003013 Guangzhou Metro Design & Research Institute
13.9x13.7%CN¥6.1b

Price-To-Earnings vs Peers: 003013 is good value based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (18.2x).

Price to Earnings Ratio vs Industry

How does 003013's PE Ratio compare vs other companies in the CN Construction Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
601668 China State Construction Engineering
4.9x6.8%US$34.17b
600248 Shaanxi Construction Engineering Group
4.3x12.6%US$2.31b
000498 Shandong Hi-Speed Road&Bridge Group
4.1x8.0%US$1.31b
002482 Shenzhen Grandland Group
2.5xn/aUS$962.92m
003013 13.9xIndustry Avg. 23.5xNo. of Companies16PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 003013 is good value based on its Price-To-Earnings Ratio (13.9x) compared to the CN Construction industry average (23.5x).

Price to Earnings Ratio vs Fair Ratio

What is 003013'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.

003013 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.9x
Fair PE Ratio17.2x

Price-To-Earnings vs Fair Ratio: 003013 is good value based on its Price-To-Earnings Ratio (13.9x) compared to the estimated Fair Price-To-Earnings Ratio (17.2x).

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.

Discover undervalued companies

Jiangshan Oupai Door Industry

CN¥3.3b

Engages in the research, development, manufacture, processing, sale, and service of wooden doors in China and internationally.

603208

CN¥18.53

7D

-6.2%

1Y

-44.5%

Goneo Group

CN¥92.4b

Provides electrical products.

603195

CN¥71.46

7D

-3.4%

1Y

7.1%

Zbom Home CollectionLtd

CN¥5.6b

Engages in the research, development, production and sale of customized building products in China and internationally.

603801

CN¥12.87

7D

-6.1%

1Y

-34.1%