Beijing Cuiwei Tower Valuation

Is 603123 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 603123 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 603123's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 603123's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603123?

Key metric: As 603123 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 603123. This is calculated by dividing 603123's market cap by their current revenue.
What is 603123's PS Ratio?
PS Ratio	2.5x
Sales	CN¥2.55b
Market Cap	CN¥6.44b

603123 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	2.8x
Enterprise Value/EBITDA	-25.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 603123's PS Ratio compare to its peers?

The above table shows the PS ratio for 603123 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	2.8x
002647 Rendong Holdings	2.7x	n/a	CN¥3.8b
300773 Lakala Payment	2.6x	6.8%	CN¥14.9b
002316 Shenzhen Asia Link Technology DevelopmentLtd	2.2x	n/a	CN¥1.3b
600643 Shanghai Aj GroupLtd	3.5x	n/a	CN¥8.8b
603123 Beijing Cuiwei Tower	2.5x	n/a	CN¥6.4b

Price-To-Sales vs Peers: 603123 is good value based on its Price-To-Sales Ratio (2.5x) compared to the peer average (2.7x).

Price to Sales Ratio vs Industry

How does 603123's PS Ratio compare vs other companies in the Asian Diversified Financial Industry?

66 Companies	Price / Sales	Estimated Growth	Market Cap

66 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 603123 is good value based on its Price-To-Sales Ratio (2.5x) compared to the Asian Diversified Financial industry average (4.4x).

Price to Sales Ratio vs Fair Ratio

What is 603123'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.

603123 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 603123'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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