Tayho Advanced Materials Group Valuation

Is 002254 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 002254 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002254 (CN¥10.44) is trading above our estimate of fair value (CN¥2.85)

Significantly Below Fair Value: 002254 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002254?

Key metric: As 002254 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002254. This is calculated by dividing 002254's market cap by their current earnings.
What is 002254's PE Ratio?
PE Ratio	43.8x
Earnings	CN¥205.65m
Market Cap	CN¥9.01b

002254 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	2.9x
Enterprise Value/EBITDA	18.4x
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

How does 002254's PE Ratio compare to its peers?

The above table shows the PE ratio for 002254 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	23.6x
601339 Bros Eastern.Ltd	22.6x	29.2%	CN¥8.2b
002327 Shenzhen Fuanna Bedding and FurnishingLtd	14.4x	7.5%	CN¥7.5b
002516 Kuangda Technology Group	46.5x	n/a	CN¥7.8b
600987 Zhejiang HangminLtd	10.7x	n/a	CN¥7.6b
002254 Tayho Advanced Materials Group	43.8x	46.5%	CN¥9.0b

Price-To-Earnings vs Peers: 002254 is expensive based on its Price-To-Earnings Ratio (43.8x) compared to the peer average (23.6x).

Price to Earnings Ratio vs Industry

How does 002254's PE Ratio compare vs other companies in the CN Luxury Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002254 is expensive based on its Price-To-Earnings Ratio (43.8x) compared to the CN Luxury industry average (22.8x).

Price to Earnings Ratio vs Fair Ratio

What is 002254'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.

002254 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	43.8x
Fair PE Ratio	37.7x

Price-To-Earnings vs Fair Ratio: 002254 is expensive based on its Price-To-Earnings Ratio (43.8x) compared to the estimated Fair Price-To-Earnings Ratio (37.7x).

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 002254 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¥10.44	CN¥9.83 -5.8%	15.7%	CN¥12.00	CN¥8.50	n/a	3
Nov ’25	CN¥9.55	CN¥9.83 +3.0%	15.7%	CN¥12.00	CN¥8.50	n/a	3
Oct ’25	CN¥10.06	CN¥8.75 -13.0%	2.9%	CN¥9.00	CN¥8.50	n/a	2
Sep ’25	CN¥8.21	CN¥8.75 +6.6%	2.9%	CN¥9.00	CN¥8.50	n/a	2
Jun ’25	CN¥10.57	CN¥17.00 +60.8%	17.6%	CN¥20.00	CN¥14.00	n/a	2
May ’25	CN¥10.60	CN¥17.00 +60.4%	17.6%	CN¥20.00	CN¥14.00	n/a	2
Apr ’25	CN¥12.69	CN¥20.50 +61.5%	2.4%	CN¥21.00	CN¥20.00	n/a	2
Mar ’25	CN¥12.25	CN¥20.50 +67.3%	2.4%	CN¥21.00	CN¥20.00	n/a	2
Feb ’25	CN¥10.58	CN¥20.50 +93.8%	2.4%	CN¥21.00	CN¥20.00	n/a	2
Jan ’25	CN¥14.96	CN¥20.50 +37.0%	2.4%	CN¥21.00	CN¥20.00	n/a	2
Dec ’24	CN¥15.48	CN¥20.50 +32.4%	2.4%	CN¥21.00	CN¥20.00	n/a	2
Nov ’24	CN¥15.62	CN¥19.00 +21.6%	5.3%	CN¥20.00	CN¥18.00	CN¥9.55	2
Sep ’24	CN¥19.70	CN¥32.00 +62.4%	25.0%	CN¥40.00	CN¥24.00	CN¥8.21	2
Aug ’24	CN¥21.45	CN¥32.00 +49.2%	25.0%	CN¥40.00	CN¥24.00	CN¥8.48	2
Jul ’24	CN¥24.47	CN¥29.00 +18.5%	37.9%	CN¥40.00	CN¥18.00	CN¥8.89	2
Jun ’24	CN¥22.52	CN¥29.00 +28.8%	37.9%	CN¥40.00	CN¥18.00	CN¥10.57	2
May ’24	CN¥20.91	CN¥29.00 +38.7%	37.9%	CN¥40.00	CN¥18.00	CN¥10.60	2
Apr ’24	CN¥23.99	CN¥29.00 +20.9%	37.9%	CN¥40.00	CN¥18.00	CN¥12.69	2
Mar ’24	CN¥26.90	CN¥29.00 +7.8%	37.9%	CN¥40.00	CN¥18.00	CN¥12.25	2
Feb ’24	CN¥26.10	CN¥19.50 -25.3%	7.7%	CN¥21.00	CN¥18.00	CN¥10.58	2
Jan ’24	CN¥21.21	CN¥19.50 -8.1%	7.7%	CN¥21.00	CN¥18.00	CN¥14.96	2
Dec ’23	CN¥20.82	CN¥19.50 -6.3%	7.7%	CN¥21.00	CN¥18.00	CN¥15.48	2
Nov ’23	CN¥17.79	CN¥19.50 +9.6%	7.7%	CN¥21.00	CN¥18.00	CN¥15.62	2

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