Ningbo Daye Garden Machinery Co.,Ltd.

SZSE:300879 Stock Report

Market Cap: CN¥2.8b

Ningbo Daye Garden MachineryLtd Valuation

Is 300879 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300879 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300879 (CN¥14.71) is trading above our estimate of fair value (CN¥0.05)

Significantly Below Fair Value: 300879 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300879?

Key metric: As 300879 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300879. This is calculated by dividing 300879's market cap by their current revenue.
What is 300879's PS Ratio?
PS Ratio1.9x
SalesCN¥1.50b
Market CapCN¥2.83b

Price to Sales Ratio vs Peers

How does 300879's PS Ratio compare to its peers?

The above table shows the PS ratio for 300879 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.9x
300885 Yangzhou Seashine New MaterialsLtd
10.1xn/aCN¥2.8b
300824 Shenzhen Crastal TechnologyLtd
4.3x11.9%CN¥3.0b
605336 Zhejiang Sanfer Electric
4.3x17.7%CN¥2.2b
002420 Guangzhou Echom Sci.&Tech.Co.Ltd
1xn/aCN¥2.4b
300879 Ningbo Daye Garden MachineryLtd
1.9xn/aCN¥2.8b

Price-To-Sales vs Peers: 300879 is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (4.9x).

Price to Sales Ratio vs Industry

How does 300879's PS Ratio compare vs other companies in the CN Consumer Durables Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
000521 Changhong Meiling
0.3x9.3%US$1.12b
200512 Tsann Kuen (China) Enterprise
0.4xn/aUS$94.34m
No more companies available in this PS range
300879 1.9xIndustry Avg. 2.0xNo. of Companies19PS01.63.24.86.48+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300879 is good value based on its Price-To-Sales Ratio (1.9x) compared to the CN Consumer Durables industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is 300879's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300879 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 300879's Price-To-Sales 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.

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