Zhenjiang Dongfang Electric Heating Technology Co.,Ltd

SZSE:300217 Stock Report

Market Cap: CN¥8.4b

Zhenjiang Dongfang Electric Heating TechnologyLtd Valuation

Is 300217 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 300217 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300217 (CN¥5.72) is trading above our estimate of fair value (CN¥0.62)

Significantly Below Fair Value: 300217 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300217?

Key metric: As 300217 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300217. This is calculated by dividing 300217's market cap by their current earnings.
What is 300217's PE Ratio?
PE Ratio24.8x
EarningsCN¥338.17m
Market CapCN¥8.40b

Price to Earnings Ratio vs Peers

How does 300217's PE Ratio compare to its peers?

The above table shows the PE ratio for 300217 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60.1x
000521 Changhong Meiling
11.5x12.9%CN¥8.2b
002959 Bear Electric ApplianceLtd
21.9x19.2%CN¥6.8b
002779 Zhejiang Zhongjian TechnologyLtd
186.9xn/aCN¥7.2b
605555 Ningbo Dechang Electrical Machinery Made
20.3x25.5%CN¥7.3b
300217 Zhenjiang Dongfang Electric Heating TechnologyLtd
24.8x12.7%CN¥8.4b

Price-To-Earnings vs Peers: 300217 is good value based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (60.1x).


Price to Earnings Ratio vs Industry

How does 300217's PE Ratio compare vs other companies in the CN Consumer Durables Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002473 Ningbo Sunlight Electrical ApplianceLtd
3.5xn/aUS$18.86m
No more companies available in this PE range
300217 24.8xIndustry Avg. 23.7xNo. of Companies16PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300217 is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the CN Consumer Durables industry average (23.7x).


Price to Earnings Ratio vs Fair Ratio

What is 300217'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.

300217 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.8x
Fair PE Ratio16.8x

Price-To-Earnings vs Fair Ratio: 300217 is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the estimated Fair Price-To-Earnings Ratio (16.8x).


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.


Discover undervalued companies