Caissa Tosun DevelopmentLtd Valuation

Q: What is the Fair Price of 000796 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

000796 (CN¥4.47) is trading below our estimate of [[fair value]] (CN¥23.73)

Is 000796 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 000796 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000796 (CN¥4.47) is trading below our estimate of fair value (CN¥23.73)

Significantly Below Fair Value: 000796 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000796?

Key metric: As 000796 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000796. This is calculated by dividing 000796's market cap by their current earnings.
What is 000796's PE Ratio?
PE Ratio	8.7x
Earnings	CN¥825.07m
Market Cap	CN¥7.17b

000796 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	11x
Enterprise Value/EBITDA	-91.2x
PEG Ratio	-0.1x

Price to Earnings Ratio vs Peers

How does 000796's PE Ratio compare to its peers?

The above table shows the PE ratio for 000796 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	42.6x
600138 China Cyts Tours Holding	51.4x	50.4%	CN¥7.2b
000888 Emei Shan TourismLtd	30.8x	15.1%	CN¥6.5b
600054 Huangshan Tourism DevelopmentLtd	27.4x	17.0%	CN¥6.9b
300859 Western Regions Tourism DevelopmentLtd	60.8x	44.3%	CN¥5.8b
000796 Caissa Tosun DevelopmentLtd	8.7x	-63.9%	CN¥7.2b

Price-To-Earnings vs Peers: 000796 is good value based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (42.6x).

Price to Earnings Ratio vs Industry

How does 000796's PE Ratio compare vs other companies in the CN Hospitality 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: 000796 is good value based on its Price-To-Earnings Ratio (8.7x) compared to the CN Hospitality industry average (48x).

Price to Earnings Ratio vs Fair Ratio

What is 000796'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.

000796 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.7x
Fair PE Ratio	7.8x

Price-To-Earnings vs Fair Ratio: 000796 is expensive based on its Price-To-Earnings Ratio (8.7x) compared to the estimated Fair Price-To-Earnings Ratio (7.8x).

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.