Pourin Special Welding Technology Valuation

Q: What is the Fair Price of 301468 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

301468 (CN¥22.88) is trading below our estimate of [[fair value]] (CN¥50.3)

Is 301468 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 301468 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 301468 (CN¥22.88) is trading below our estimate of fair value (CN¥50.3)

Significantly Below Fair Value: 301468 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301468?

Key metric: As 301468 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 301468. This is calculated by dividing 301468's market cap by their current earnings.
What is 301468's PE Ratio?
PE Ratio	34.2x
Earnings	CN¥88.31m
Market Cap	CN¥3.02b

301468 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	2.9x
Enterprise Value/EBITDA	15.1x
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

How does 301468's PE Ratio compare to its peers?

The above table shows the PE ratio for 301468 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	41.5x
300817 SF Oilless Bearing Group	47.7x	n/a	CN¥2.9b
002722 Wuchan Zhongda GeronLtd	21.4x	15.3%	CN¥3.2b
002021 Zoje Resources Investment	4.6x	n/a	CN¥2.9b
002796 Suzhou Shijia Science & Technology	92.4x	n/a	CN¥2.9b
301468 Pourin Special Welding Technology	34.2x	37.7%	CN¥3.0b

Price-To-Earnings vs Peers: 301468 is good value based on its Price-To-Earnings Ratio (34.2x) compared to the peer average (41.5x).

Price to Earnings Ratio vs Industry

How does 301468'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$398.30m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 301468 is good value based on its Price-To-Earnings Ratio (34.2x) compared to the CN Machinery industry average (34.4x).

Price to Earnings Ratio vs Fair Ratio

What is 301468'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.

301468 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	34.2x
Fair PE Ratio	26.5x

Price-To-Earnings vs Fair Ratio: 301468 is expensive based on its Price-To-Earnings Ratio (34.2x) compared to the estimated Fair Price-To-Earnings Ratio (26.5x).

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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