State Grid Yingda Co.,Ltd.

XSSC:600517 Stock Report

Market Cap: CN¥31.3b

State Grid YingdaLtd Valuation

Is 600517 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 600517 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600517 (CN¥5.48) is trading below our estimate of fair value (CN¥131.75)

Significantly Below Fair Value: 600517 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600517?

Key metric: As 600517 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600517. This is calculated by dividing 600517's market cap by their current earnings.
What is 600517's PE Ratio?
PE Ratio18.8x
EarningsCN¥1.67b
Market CapCN¥31.34b

Price to Earnings Ratio vs Peers

How does 600517's PE Ratio compare to its peers?

The above table shows the PE ratio for 600517 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.5x
600885 Hongfa Technology
20.9x14.7%CN¥32.5b
603606 Ningbo Orient Wires & CablesLtd
33.6x31.6%CN¥37.3b
600312 Henan Pinggao ElectricLtd
21.2x18.4%CN¥23.8b
300073 Beijing Easpring Material TechnologyLTD
26.2x25.4%CN¥23.5b
600517 State Grid YingdaLtd
18.8xn/aCN¥31.3b

Price-To-Earnings vs Peers: 600517 is good value based on its Price-To-Earnings Ratio (18.8x) compared to the peer average (25.5x).

Price to Earnings Ratio vs Industry

How does 600517's PE Ratio compare vs other companies in the CN Electrical Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
300023 Bode Energy Equipment
3.6xn/aUS$51.42m
No more companies available in this PE range
600517 18.8xIndustry Avg. 35.7xNo. of Companies36PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600517 is good value based on its Price-To-Earnings Ratio (18.8x) compared to the CN Electrical industry average (35.7x).

Price to Earnings Ratio vs Fair Ratio

What is 600517'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.

600517 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 600517'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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