Shanghai Yaoji Technology Valuation

Q: What is the Fair Price of 002605 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002605 (CN¥30.41) is trading below our estimate of [[fair value]] (CN¥38.56)

Is 002605 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 002605 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002605 (CN¥30.41) is trading below our estimate of fair value (CN¥38.56)

Significantly Below Fair Value: 002605 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002605?

Key metric: As 002605 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002605. This is calculated by dividing 002605's market cap by their current earnings.
What is 002605's PE Ratio?
PE Ratio	29.3x
Earnings	CN¥428.90m
Market Cap	CN¥12.55b

002605 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	3.5x
Enterprise Value/EBITDA	18.3x
PEG Ratio	1.4x

Price to Earnings Ratio vs Peers

How does 002605's PE Ratio compare to its peers?

The above table shows the PE ratio for 002605 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	54.8x
002292 Alpha Group	135.2x	n/a	CN¥11.3b
605099 CoCreation Grass	16.2x	17.9%	CN¥7.6b
300005 Toread Holdings Group	50.9x	25.3%	CN¥6.5b
603129 Zhejiang Cfmoto PowerLtd	16.8x	22.5%	CN¥21.7b
002605 Shanghai Yaoji Technology	29.3x	21.4%	CN¥12.6b

Price-To-Earnings vs Peers: 002605 is good value based on its Price-To-Earnings Ratio (29.3x) compared to the peer average (54.8x).

Price to Earnings Ratio vs Industry

How does 002605'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: 002605 is expensive based on its Price-To-Earnings Ratio (29.3x) compared to the CN Leisure industry average (28.6x).

Price to Earnings Ratio vs Fair Ratio

What is 002605'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.

002605 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	29.3x
Fair PE Ratio	21.8x

Price-To-Earnings vs Fair Ratio: 002605 is expensive based on its Price-To-Earnings Ratio (29.3x) compared to the estimated Fair Price-To-Earnings Ratio (21.8x).

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.