Tungkong Valuation

Is 002117 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 002117 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002117 (CN¥9.46) is trading below our estimate of fair value (CN¥12.16)

Significantly Below Fair Value: 002117 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002117?

Key metric: As 002117 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002117. This is calculated by dividing 002117's market cap by their current earnings.
What is 002117's PE Ratio?
PE Ratio	45.7x
Earnings	CN¥108.45m
Market Cap	CN¥5.44b

002117 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	4.6x
Enterprise Value/EBITDA	33.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 002117's PE Ratio compare to its peers?

The above table shows the PE ratio for 002117 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	78.1x
000812 Shaanxi Jinye Science Technology and Education GroupLtd	67.2x	n/a	CN¥4.0b
002599 Beijing Shengtong Printing	137.9x	86.5%	CN¥3.8b
002825 Shanghai NAR Industrial	17.8x	n/a	CN¥2.7b
603200 Shanghai Emperor of Cleaning Hi-Tech	89.5x	54.5%	CN¥5.0b
002117 Tungkong	45.7x	n/a	CN¥5.4b

Price-To-Earnings vs Peers: 002117 is good value based on its Price-To-Earnings Ratio (45.7x) compared to the peer average (78.1x).

Price to Earnings Ratio vs Industry

How does 002117's PE Ratio compare vs other companies in the CN Commercial Services Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
000711 Kingland TechnologyLtd	3x	n/a	US$698.34m
603603 Poten Environment GroupLtd	0.2x	n/a	US$52.12m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002117 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the CN Commercial Services industry average (32.2x).

Price to Earnings Ratio vs Fair Ratio

What is 002117'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.

002117 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	45.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 002117'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.