COSCO SHIPPING Energy Transportation Co., Ltd.

SHSE:600026 Stock Report

Market Cap: CN¥53.2b

COSCO SHIPPING Energy Transportation Valuation

Is 600026 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 600026 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600026 (CN¥12.95) is trading below our estimate of fair value (CN¥31.05)

Significantly Below Fair Value: 600026 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600026?

Key metric: As 600026 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600026. This is calculated by dividing 600026's market cap by their current earnings.
What is 600026's PE Ratio?
PE Ratio9.7x
EarningsCN¥3.05b
Market CapCN¥53.19b

Price to Earnings Ratio vs Peers

How does 600026's PE Ratio compare to its peers?

The above table shows the PE ratio for 600026 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11x
601872 China Merchants Energy Shipping
12.3x19.2%CN¥55.1b
600098 Guangzhou Development Group
13.5x14.2%CN¥22.9b
601975 Nanjing Tanker
7.8x6.1%CN¥15.8b
605090 Jiangxi Jovo Energy
10.1x8.6%CN¥17.3b
600026 COSCO SHIPPING Energy Transportation
9.7x24.9%CN¥57.3b

Price-To-Earnings vs Peers: 600026 is good value based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (11x).

Price to Earnings Ratio vs Industry

How does 600026's PE Ratio compare vs other companies in the CN Oil and Gas Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
600026 9.7xIndustry Avg. 12.9xNo. of Companies11PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600026 is good value based on its Price-To-Earnings Ratio (9.7x) compared to the CN Oil and Gas industry average (12.9x).

Price to Earnings Ratio vs Fair Ratio

What is 600026'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.

600026 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.7x
Fair PE Ratio17.8x

Price-To-Earnings vs Fair Ratio: 600026 is good value based on its Price-To-Earnings Ratio (9.7x) compared to the estimated Fair Price-To-Earnings Ratio (17.8x).

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.

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