Asian Star Anchor Chain Co., Ltd. Jiangsu

XSSC:601890 Stock Report

Market Cap: CN¥7.7b

Asian Star Anchor Chain Jiangsu Valuation

Is 601890 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 601890 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601890 (CN¥8.04) is trading above our estimate of fair value (CN¥0.87)

Significantly Below Fair Value: 601890 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601890?

Key metric: As 601890 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601890. This is calculated by dividing 601890's market cap by their current earnings.
What is 601890's PE Ratio?
PE Ratio30.4x
EarningsCN¥253.92m
Market CapCN¥7.71b

Price to Earnings Ratio vs Peers

How does 601890's PE Ratio compare to its peers?

The above table shows the PE ratio for 601890 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47x
688433 Farsoon Technologies
84.3x68.4%CN¥8.6b
603169 Lanzhou LS Heavy Equipment
65.4x46.3%CN¥7.5b
300545 Shenzhen Liande Automation Equipmentltd
24.6xn/aCN¥6.4b
000811 Moon Environment TechnologyLtd
13.9x14.2%CN¥8.0b
601890 Asian Star Anchor Chain Jiangsu
30.4x21.1%CN¥7.7b

Price-To-Earnings vs Peers: 601890 is good value based on its Price-To-Earnings Ratio (30.4x) compared to the peer average (47.6x).

Price to Earnings Ratio vs Industry

How does 601890's PE Ratio compare vs other companies in the CN Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
601890 30.4xIndustry Avg. 34.8xNo. of Companies51PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601890 is good value based on its Price-To-Earnings Ratio (30.4x) compared to the CN Machinery industry average (34.7x).

Price to Earnings Ratio vs Fair Ratio

What is 601890'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.

601890 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.4x
Fair PE Ratio20.9x

Price-To-Earnings vs Fair Ratio: 601890 is expensive based on its Price-To-Earnings Ratio (30.4x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

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 601890 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥8.04
CN¥10.80
+34.3%
11.1%CN¥12.00CN¥9.60n/a2
Nov ’25CN¥7.81
CN¥9.95
+27.4%
15.6%CN¥12.00CN¥8.25n/a3
Oct ’25CN¥7.94
CN¥9.91
+24.8%
15.1%CN¥11.88CN¥8.25n/a3
Sep ’25CN¥6.84
CN¥9.91
+44.9%
15.1%CN¥11.88CN¥8.25n/a3
Aug ’25CN¥7.36
CN¥10.21
+38.7%
14.4%CN¥11.78CN¥8.25n/a3
Jul ’25CN¥7.09
CN¥10.21
+44.0%
14.4%CN¥11.78CN¥8.25n/a3
Jun ’25CN¥7.75
CN¥10.66
+37.5%
14.0%CN¥12.00CN¥8.25n/a4
May ’25CN¥8.16
CN¥10.66
+30.6%
14.0%CN¥12.00CN¥8.25n/a4
Apr ’25CN¥8.41
CN¥12.08
+43.6%
2.6%CN¥12.50CN¥11.73n/a3
Mar ’25CN¥8.38
CN¥12.08
+44.1%
2.6%CN¥12.50CN¥11.73n/a3
Feb ’25CN¥7.44
CN¥12.08
+62.3%
2.6%CN¥12.50CN¥11.73n/a3
Jan ’25CN¥9.90
CN¥12.08
+22.0%
2.6%CN¥12.50CN¥11.73n/a3
Dec ’24CN¥9.24
CN¥12.08
+30.7%
2.6%CN¥12.50CN¥11.73n/a3
Nov ’24CN¥9.36
CN¥12.08
+29.0%
2.6%CN¥12.50CN¥11.73CN¥7.813
Oct ’24CN¥9.59
CN¥11.85
+23.5%
5.1%CN¥12.50CN¥11.04CN¥7.943
Sep ’24CN¥10.03
CN¥11.85
+18.1%
5.1%CN¥12.50CN¥11.04CN¥6.843
Aug ’24CN¥10.59
CN¥12.25
+15.7%
2.0%CN¥12.50CN¥12.00CN¥7.362
Jul ’24CN¥11.58
CN¥11.25
-2.8%
2.2%CN¥11.50CN¥11.00CN¥7.092

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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