Tianfeng Securities Valuation

Is 601162 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 601162 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 601162's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 601162's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601162?

Key metric: As 601162 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 601162. This is calculated by dividing 601162's market cap by their current revenue.
What is 601162's PS Ratio?
PS Ratio	19.9x
Sales	CN¥2.14b
Market Cap	CN¥42.73b

601162 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 601162's PS Ratio compare to its peers?

The above table shows the PS ratio for 601162 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	13.2x
601377 Industrial SecuritiesLtd	5.3x	11.5%	CN¥56.4b
600390 Minmetals Capital	5x	14.3%	CN¥34.7b
002939 China Great Wall SecuritiesLtd	9.5x	9.9%	CN¥34.8b
002945 ChinaLin Securities	33x	n/a	CN¥40.6b
601162 Tianfeng Securities	19.9x	n/a	CN¥42.7b

Price-To-Sales vs Peers: 601162 is expensive based on its Price-To-Sales Ratio (19.9x) compared to the peer average (13.2x).

Price to Sales Ratio vs Industry

How does 601162's PS Ratio compare vs other companies in the CN Capital Markets Industry?

3 Companies	Price / Sales	Estimated Growth	Market Cap
600927 Yongan FuturesLtd	0.9x	8.4%	US$2.92b
600120 Zhejiang Orient Financial Holdings Group	1.1x	20.3%	US$2.18b
603093 Nanhua Futures	1.3x	8.5%	US$1.02b

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 601162 is expensive based on its Price-To-Sales Ratio (19.9x) compared to the CN Capital Markets industry average (7.4x).

Price to Sales Ratio vs Fair Ratio

What is 601162'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.

601162 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	19.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 601162'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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