Beijing Originwater Technology Valuation

Q: What is the Fair Price of 300070 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300070 (CN¥6.18) is trading above our estimate of [[fair value]] (CN¥0.6)

Is 300070 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 300070 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300070 (CN¥6.18) is trading above our estimate of fair value (CN¥0.6)

Significantly Below Fair Value: 300070 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300070?

Key metric: As 300070 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300070. This is calculated by dividing 300070's market cap by their current earnings.
What is 300070's PE Ratio?
PE Ratio	69.1x
Earnings	CN¥324.05m
Market Cap	CN¥20.95b

300070 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	5.9x
Enterprise Value/EBITDA	34.1x
PEG Ratio	2x

Price to Earnings Ratio vs Peers

How does 300070's PE Ratio compare to its peers?

The above table shows the PE ratio for 300070 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	88.3x
003035 China Southern Power Grid Energy Efficiency & Clean Energy	151.3x	53.3%	CN¥17.5b
301297 Ferrotec (An Hui) Technology DevelopmentLTD	160.6x	n/a	CN¥16.3b
002266 Zhefu Holding Group	21.6x	18.2%	CN¥17.6b
601200 Shanghai Environment Group	19.8x	5.2%	CN¥11.4b
300070 Beijing Originwater Technology	69.1x	35.4%	CN¥22.4b

Price-To-Earnings vs Peers: 300070 is good value based on its Price-To-Earnings Ratio (69.1x) compared to the peer average (88.3x).

Price to Earnings Ratio vs Industry

How does 300070's PE Ratio compare vs other companies in the CN Commercial Services Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
000711 Kingland TechnologyLtd	2.8x	n/a	US$687.48m
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: 300070 is expensive based on its Price-To-Earnings Ratio (69.1x) compared to the CN Commercial Services industry average (30.7x).

Price to Earnings Ratio vs Fair Ratio

What is 300070'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.

300070 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	69.1x
Fair PE Ratio	32x

Price-To-Earnings vs Fair Ratio: 300070 is expensive based on its Price-To-Earnings Ratio (69.1x) compared to the estimated Fair Price-To-Earnings Ratio (32.4x).

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 300070 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¥6.18	CN¥5.80 -6.1%	5.2%	CN¥6.10	CN¥5.50	n/a	2
Nov ’25	CN¥5.02	CN¥5.80 +15.5%	5.2%	CN¥6.10	CN¥5.50	n/a	2
Oct ’25	CN¥4.87	CN¥5.80 +19.1%	5.2%	CN¥6.10	CN¥5.50	n/a	2
Sep ’25	CN¥3.49	CN¥5.80 +66.2%	5.2%	CN¥6.10	CN¥5.50	n/a	2
Aug ’25	CN¥4.18	CN¥6.05 +44.7%	9.1%	CN¥6.60	CN¥5.50	n/a	2
Jul ’25	CN¥4.25	CN¥6.05 +42.4%	9.1%	CN¥6.60	CN¥5.50	n/a	2
Jun ’25	CN¥4.68	CN¥6.05 +29.3%	9.1%	CN¥6.60	CN¥5.50	n/a	2
May ’25	CN¥4.90	CN¥6.05 +23.5%	9.1%	CN¥6.60	CN¥5.50	n/a	2
Apr ’25	CN¥5.05	CN¥6.50 +28.7%	1.5%	CN¥6.60	CN¥6.40	n/a	2
Mar ’25	CN¥5.12	CN¥6.50 +27.0%	1.5%	CN¥6.60	CN¥6.40	n/a	2
Feb ’25	CN¥4.65	CN¥6.50 +39.8%	1.5%	CN¥6.60	CN¥6.40	n/a	2
Jan ’25	CN¥4.99	CN¥6.50 +30.3%	1.5%	CN¥6.60	CN¥6.40	n/a	2
Dec ’24	CN¥5.11	CN¥6.54 +28.0%	0.9%	CN¥6.60	CN¥6.48	n/a	2
Nov ’24	CN¥5.07	CN¥6.54 +29.0%	0.9%	CN¥6.60	CN¥6.48	CN¥5.02	2
Oct ’24	CN¥5.13	CN¥6.54 +27.5%	0.9%	CN¥6.60	CN¥6.48	CN¥4.87	2
Sep ’24	CN¥5.35	CN¥6.54 +22.2%	0.9%	CN¥6.60	CN¥6.48	CN¥3.49	2
Aug ’24	CN¥5.60	CN¥6.39 +14.1%	1.4%	CN¥6.48	CN¥6.30	CN¥4.18	2
Nov ’23	CN¥4.88	CN¥7.04 +44.2%	14.7%	CN¥8.07	CN¥6.00	CN¥5.07	2

Analyst Forecast: Target price is lower than the current share price.