Chongqing Construction Engineering Group Valuation
Is 600939 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 600939 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 600939 (CN¥3.41) is trading above our estimate of fair value (CN¥0.09)
Significantly Below Fair Value: 600939 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 600939?
Key metric: As 600939 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 600939's PS Ratio? | |
|---|---|
| PS Ratio | 0.2x |
| Sales | CN¥32.50b |
| Market Cap | CN¥6.49b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.7x |
| Enterprise Value/EBITDA | 33.1x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 600939's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.1x | ||
002941 Xinjiang Communications Construction Group | 1.2x | n/a | CN¥7.9b |
601226 Huadian Heavy Industries | 0.9x | 16.3% | CN¥7.5b |
002307 Xinjiang Beixin Road & Bridge Group | 0.7x | n/a | CN¥5.0b |
600510 Black Peony (Group) | 1.7x | n/a | CN¥5.4b |
600939 Chongqing Construction Engineering Group | 0.2x | n/a | CN¥6.5b |
Price-To-Sales vs Peers: 600939 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.1x).
Price to Sales Ratio vs Industry
How does 600939's PS Ratio compare vs other companies in the CN Construction Industry?
| 19 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| Industry Avg. | 1.3x | 9.1% | |
600939 Chongqing Construction Engineering Group | 0.2x | n/a | US$894.74m |
601668 China State Construction Engineering | 0.1x | 5.9% | US$34.16b |
601390 China Railway Group | 0.1x | 4.8% | US$20.34b |
| 19 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
| Industry Avg. | 1.3x | 14.3% | |
600939 Chongqing Construction Engineering Group | 0.2x | n/a | US$894.74m |
Price-To-Sales vs Industry: 600939 is good value based on its Price-To-Sales Ratio (0.2x) compared to the CN Construction industry average (1.3x).
Price to Sales Ratio vs Fair Ratio
What is 600939'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.2x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 600939'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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