Zhejiang Cayi Vacuum Container Valuation

Q: What is the Fair Price of 301004 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

301004 (CN¥97.69) is trading above our estimate of [[fair value]] (CN¥53.21)

Is 301004 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 301004 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 301004 (CN¥97.69) is trading above our estimate of fair value (CN¥53.21)

Significantly Below Fair Value: 301004 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301004?

Key metric: As 301004 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 301004. This is calculated by dividing 301004's market cap by their current earnings.
What is 301004's PE Ratio?
PE Ratio	14.7x
Earnings	CN¥689.20m
Market Cap	CN¥10.15b

301004 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	3.8x
Enterprise Value/EBITDA	12.1x
PEG Ratio	0.8x

Price to Earnings Ratio vs Peers

How does 301004's PE Ratio compare to its peers?

The above table shows the PE ratio for 301004 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	30.8x
603848 Guangdong Hotata Technology GroupLtd	24.6x	18.3%	CN¥6.9b
301193 Ningbo Homelink Eco-iTech	65.4x	42.2%	CN¥3.2b
300160 Jiangsu Xiuqiang Glasswork	21.3x	n/a	CN¥4.5b
002615 ZheJiang Haers Vacuum ContainersLtd	11.8x	15.6%	CN¥3.8b
301004 Zhejiang Cayi Vacuum Container	14.7x	18.0%	CN¥10.1b

Price-To-Earnings vs Peers: 301004 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (30.8x).

Price to Earnings Ratio vs Industry

How does 301004's PE Ratio compare vs other companies in the CN Consumer Durables Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
002473 Ningbo Sunlight Electrical ApplianceLtd	3.5x	n/a	US$18.86m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 301004 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the CN Consumer Durables industry average (22.4x).

Price to Earnings Ratio vs Fair Ratio

What is 301004'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.

301004 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.7x
Fair PE Ratio	19.6x

Price-To-Earnings vs Fair Ratio: 301004 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the estimated Fair Price-To-Earnings Ratio (19.6x).

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.