Toread Holdings Group Valuation

Q: What is the Fair Price of 300005 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300005 (CN¥7.68) is trading above our estimate of [[fair value]] (CN¥0.92)

Is 300005 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 300005 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300005 (CN¥7.68) is trading above our estimate of fair value (CN¥0.92)

Significantly Below Fair Value: 300005 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300005?

Key metric: As 300005 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300005. This is calculated by dividing 300005's market cap by their current earnings.
What is 300005's PE Ratio?
PE Ratio	50.9x
Earnings	CN¥127.46m
Market Cap	CN¥6.49b

300005 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	3.7x
Enterprise Value/EBITDA	48.3x
PEG Ratio	2x

Price to Earnings Ratio vs Peers

How does 300005's PE Ratio compare to its peers?

The above table shows the PE ratio for 300005 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	63.9x
605099 CoCreation Grass	16.2x	17.9%	CN¥7.6b
600679 Shanghai Phoenix Enterprise (Group)	89.1x	n/a	CN¥4.2b
002292 Alpha Group	135.2x	n/a	CN¥11.3b
002489 Yotrio Group	15x	n/a	CN¥6.9b
300005 Toread Holdings Group	50.9x	25.3%	CN¥6.5b

Price-To-Earnings vs Peers: 300005 is good value based on its Price-To-Earnings Ratio (50.9x) compared to the peer average (63.9x).

Price to Earnings Ratio vs Industry

How does 300005's PE Ratio compare vs other companies in the CN Leisure 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: 300005 is expensive based on its Price-To-Earnings Ratio (50.9x) compared to the CN Leisure industry average (28.6x).

Price to Earnings Ratio vs Fair Ratio

What is 300005'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.

300005 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	50.9x
Fair PE Ratio	22.2x

Price-To-Earnings vs Fair Ratio: 300005 is expensive based on its Price-To-Earnings Ratio (50.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.2x).

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.