Tianjin Hi-Tech Development Valuation

Is 600082 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 600082 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600082 (CN¥2.97) is trading below our estimate of fair value (CN¥12.18)

Significantly Below Fair Value: 600082 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600082?

Key metric: As 600082 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 600082. This is calculated by dividing 600082's market cap by their current revenue.
What is 600082's PS Ratio?
PS Ratio	16.3x
Sales	CN¥117.94m
Market Cap	CN¥1.92b

600082 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	22.5x
Enterprise Value/EBITDA	37x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 600082's PS Ratio compare to its peers?

The above table shows the PS ratio for 600082 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2.7x
600753 GEN-S POWER GroupLtd	2.8x	n/a	CN¥1.6b
600051 Ningbo United GroupLtd	1.4x	n/a	CN¥2.1b
600382 Guangdong Mingzhu GroupLtd	6.7x	n/a	CN¥3.1b
000701 Xiamen Xindeco	0.06x	n/a	CN¥3.2b
600082 Tianjin Hi-Tech Development	16.3x	n/a	CN¥1.9b

Price-To-Sales vs Peers: 600082 is expensive based on its Price-To-Sales Ratio (16.3x) compared to the peer average (2.7x).

Price to Sales Ratio vs Industry

How does 600082's PS Ratio compare vs other companies in the CN Trade Distributors Industry?

16 Companies	Price / Sales	Estimated Growth	Market Cap
601061 CITIC Metal	0.3x	5.4%	US$5.27b
600153 Xiamen C&D	0.04x	9.0%	US$3.83b
603613 Beijing United Information TechnologyLtd	0.3x	n/a	US$2.64b
600500 Sinochem International	0.3x	13.1%	US$2.10b

16 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 600082 is expensive based on its Price-To-Sales Ratio (16.3x) compared to the CN Trade Distributors industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is 600082'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.

600082 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	16.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 600082'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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