China Merchants Energy Shipping (SHSE:601872) Stock Valuation, Peer Comparison & Price Targets

Q: What is the Fair Price of 601872 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

601872 (CN¥6.75) is trading below our estimate of [[fair value]] (CN¥10.8)

Share Price vs Fair Value

What is the Fair Price of 601872 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601872 (CN¥6.75) is trading below our estimate of fair value (CN¥10.8)

Significantly Below Fair Value: 601872 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601872?

Key metric: As 601872 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601872. This is calculated by dividing 601872's market cap by their current earnings.
What is 601872's PE Ratio?
PE Ratio	12.4x
Earnings	CN¥4.45b
Market Cap	CN¥54.97b

601872 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	9.2x
PEG Ratio	0.6x

Price to Earnings Ratio vs Peers

How does 601872's PE Ratio compare to its peers?

The above table shows the PE ratio for 601872 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	31.8x
600098 Guangzhou Development Group	14.1x	14.2%	CN¥23.9b
002221 Oriental Energy	95.3x	68.8%	CN¥15.7b
605090 Jiangxi Jovo Energy	10.3x	8.6%	CN¥17.5b
601975 Nanjing Tanker	7.8x	6.1%	CN¥15.6b
601872 China Merchants Energy Shipping	12.4x	19.2%	CN¥55.0b

Price-To-Earnings vs Peers: 601872 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (31.8x).

Price to Earnings Ratio vs Industry

How does 601872's PE Ratio compare vs other companies in the CN Oil and Gas 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: 601872 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the CN Oil and Gas industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is 601872'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.

601872 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.4x
Fair PE Ratio	16.2x

Price-To-Earnings vs Fair Ratio: 601872 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 601872 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥6.75	CN¥9.14 +35.4%	10.8%	CN¥10.00	CN¥7.40	n/a	5
Nov ’25	CN¥6.87	CN¥9.48 +38.0%	11.3%	CN¥10.40	CN¥7.40	n/a	5
Oct ’25	CN¥8.04	CN¥10.00 +24.4%	2.5%	CN¥10.40	CN¥9.60	n/a	5
Sep ’25	CN¥7.51	CN¥10.00 +33.2%	2.5%	CN¥10.40	CN¥9.60	n/a	5
Aug ’25	CN¥7.74	CN¥10.34 +33.6%	5.9%	CN¥11.00	CN¥9.60	n/a	5
Jul ’25	CN¥8.73	CN¥10.14 +16.2%	7.0%	CN¥11.00	CN¥9.40	n/a	5
Jun ’25	CN¥8.87	CN¥10.14 +14.3%	7.0%	CN¥11.00	CN¥9.40	n/a	5
May ’25	CN¥8.53	CN¥9.86 +15.6%	5.9%	CN¥11.00	CN¥9.40	n/a	5
Apr ’25	CN¥7.96	CN¥9.05 +13.7%	7.9%	CN¥9.70	CN¥7.90	n/a	4
Mar ’25	CN¥7.21	CN¥8.55 +18.6%	4.7%	CN¥9.00	CN¥7.90	n/a	4
Feb ’25	CN¥6.37	CN¥8.55 +34.2%	4.7%	CN¥9.00	CN¥7.90	n/a	4
Jan ’25	CN¥5.88	CN¥8.55 +45.4%	4.7%	CN¥9.00	CN¥7.90	n/a	4
Dec ’24	CN¥5.99	CN¥8.45 +41.1%	6.7%	CN¥9.00	CN¥7.50	n/a	4
Nov ’24	CN¥6.43	CN¥8.45 +31.4%	6.7%	CN¥9.00	CN¥7.50	CN¥6.87	4
Oct ’24	CN¥6.43	CN¥8.73 +35.7%	8.2%	CN¥9.30	CN¥7.50	CN¥8.04	4
Sep ’24	CN¥6.12	CN¥8.58 +40.2%	8.2%	CN¥9.30	CN¥7.50	CN¥7.51	5
Aug ’24	CN¥6.59	CN¥8.86 +34.4%	11.8%	CN¥10.50	CN¥7.50	CN¥7.74	5
Jul ’24	CN¥5.79	CN¥8.86 +53.0%	11.8%	CN¥10.50	CN¥7.50	CN¥8.73	5
Jun ’24	CN¥5.71	CN¥8.86 +55.2%	11.8%	CN¥10.50	CN¥7.50	CN¥8.87	5
May ’24	CN¥6.63	CN¥9.02 +36.0%	9.7%	CN¥10.50	CN¥8.00	CN¥8.53	5
Apr ’24	CN¥7.01	CN¥8.92 +27.2%	11.3%	CN¥10.50	CN¥7.50	CN¥7.96	5
Mar ’24	CN¥7.62	CN¥8.78 +15.2%	9.2%	CN¥9.80	CN¥7.50	CN¥7.21	5
Feb ’24	CN¥6.55	CN¥8.32 +27.0%	15.3%	CN¥9.80	CN¥6.68	CN¥6.37	4
Jan ’24	CN¥5.59	CN¥9.58 +71.4%	10.4%	CN¥11.00	CN¥8.22	CN¥5.88	4
Dec ’23	CN¥6.44	CN¥9.58 +48.8%	10.4%	CN¥11.00	CN¥8.22	CN¥5.99	4
Nov ’23	CN¥6.95	CN¥9.58 +37.8%	10.4%	CN¥11.00	CN¥8.22	CN¥6.43	4

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

CNOOC Energy Technology & Services

CN¥43.4b

Operates in the oil and gas industry in China.

600968

CN¥4.27

7D

0.9%

1Y

44.7%

Zhongman Petroleum and Natural Gas GroupLtd

CN¥9.9b

An oil and gas company, engages in the drilling and completion engineering services, and petroleum equipment manufacturing businesses.

603619

CN¥21.60

7D

0%

1Y

8.2%