Tongling Jingda Special Magnet Wire Valuation

Is 600577 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-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 600577 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600577 (CN¥5.65) is trading above our estimate of fair value (CN¥2.45)

Significantly Below Fair Value: 600577 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600577?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 600577. This is calculated by dividing 600577's market cap by their current preferred multiple.
What is 600577's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥11.91b

600577 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	0.7x
Enterprise Value/EBITDA	15.8x
PEG Ratio	1.9x

Price to Earnings Ratio vs Peers

How does 600577's PE Ratio compare to its peers?

The above table shows the PE ratio for 600577 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	47.9x
002498 Qingdao Hanhe CableLtd	18.3x	15.0%	CN¥11.6b
003021 Shenzhen Zhaowei Machinery & Electronics	60.1x	29.8%	CN¥12.7b
603662 Keli Sensing Technology (Ningbo)Ltd	39.2x	22.1%	CN¥11.3b
300341 Motic (Xiamen) Electric GroupLtd	74.2x	n/a	CN¥12.7b
600577 Tongling Jingda Special Magnet Wire	22.4x	12.0%	CN¥11.9b

Price-To-Earnings vs Peers: 600577 is good value based on its Price-To-Earnings Ratio (22.4x) compared to the peer average (47.9x).

Price to Earnings Ratio vs Industry

How does 600577's PE Ratio compare vs other companies in the CN Electrical Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	26.1%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	26.1%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 600577 is good value based on its Price-To-Earnings Ratio (22.4x) compared to the CN Electrical industry average (35.5x).

Price to Earnings Ratio vs Fair Ratio

What is 600577'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.

600577 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	22.4x
Fair PE Ratio	19.3x

Price-To-Earnings vs Fair Ratio: 600577 is expensive based on its Price-To-Earnings Ratio (22.4x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 600577 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥5.65	CN¥6.45 +14.2%	7.0%	CN¥6.90	CN¥6.00	n/a	2
Oct ’25	CN¥5.24	CN¥6.10 +16.4%	1.6%	CN¥6.20	CN¥6.00	n/a	2
Sep ’25	CN¥4.85	CN¥6.10 +25.8%	1.6%	CN¥6.20	CN¥6.00	n/a	2
Aug ’25	CN¥4.58	CN¥5.80 +26.6%	3.4%	CN¥6.00	CN¥5.60	n/a	2
Jul ’25	CN¥3.99	CN¥5.80 +45.4%	3.4%	CN¥6.00	CN¥5.60	n/a	2
Jun ’25	CN¥4.29	CN¥5.80 +35.2%	3.4%	CN¥6.00	CN¥5.60	n/a	2
May ’25	CN¥4.64	CN¥4.87 +4.9%	13.6%	CN¥5.60	CN¥4.00	n/a	3
Apr ’25	CN¥5.13	CN¥4.37 -14.9%	10.3%	CN¥5.00	CN¥4.00	n/a	3
Mar ’25	CN¥3.87	CN¥4.33 +12.0%	10.9%	CN¥5.00	CN¥4.00	n/a	3
Feb ’25	CN¥3.48	CN¥4.33 +24.5%	10.9%	CN¥5.00	CN¥4.00	n/a	3
Jan ’25	CN¥4.14	CN¥4.33 +4.7%	10.9%	CN¥5.00	CN¥4.00	n/a	3
Dec ’24	CN¥4.20	CN¥4.37 +4.0%	10.3%	CN¥5.00	CN¥4.00	n/a	3
Nov ’24	CN¥4.20	CN¥4.37 +4.0%	10.3%	CN¥5.00	CN¥4.00	CN¥5.31	3
Oct ’24	CN¥4.17	CN¥4.57 +9.5%	8.1%	CN¥5.00	CN¥4.10	CN¥5.24	3
Sep ’24	CN¥4.24	CN¥4.83 +14.0%	3.5%	CN¥5.00	CN¥4.60	CN¥4.85	3
Aug ’24	CN¥4.79	CN¥4.70 -1.9%	4.3%	CN¥4.90	CN¥4.50	CN¥4.58	2
Jul ’24	CN¥4.22	CN¥4.70 +11.4%	4.3%	CN¥4.90	CN¥4.50	CN¥3.99	2
Jun ’24	CN¥4.20	CN¥4.90 +16.7%	8.2%	CN¥5.30	CN¥4.50	CN¥4.29	2
May ’24	CN¥4.40	CN¥4.90 +11.4%	8.2%	CN¥5.30	CN¥4.50	CN¥4.64	2
Apr ’24	CN¥4.26	CN¥5.35 +25.6%	12.6%	CN¥6.15	CN¥4.50	CN¥5.13	3
Mar ’24	CN¥4.57	CN¥6.31 +38.1%	26.9%	CN¥9.10	CN¥4.60	CN¥3.87	4
Feb ’24	CN¥4.74	CN¥6.94 +46.4%	20.0%	CN¥9.10	CN¥5.40	CN¥3.48	4
Jan ’24	CN¥4.24	CN¥7.11 +67.7%	17.1%	CN¥9.10	CN¥6.10	CN¥4.14	4
Dec ’23	CN¥4.68	CN¥7.11 +52.0%	17.1%	CN¥9.10	CN¥6.10	CN¥4.20	4
Nov ’23	CN¥4.44	CN¥7.11 +60.2%	17.1%	CN¥9.10	CN¥6.10	CN¥4.20	4

Analyst Forecast: Target price is less than 20% higher than the current share price.