Cangzhou Mingzhu PlasticLtd Valuation

Q: What is the Fair Price of 002108 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002108 (CN¥3.54) is trading above our estimate of [[fair value]] (CN¥1.24)

Is 002108 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 002108 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002108 (CN¥3.54) is trading above our estimate of fair value (CN¥1.24)

Significantly Below Fair Value: 002108 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002108?

Key metric: As 002108 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002108. This is calculated by dividing 002108's market cap by their current earnings.
What is 002108's PE Ratio?
PE Ratio	34.6x
Earnings	CN¥168.11m
Market Cap	CN¥5.81b

002108 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	2.6x
Enterprise Value/EBITDA	28.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 002108's PE Ratio compare to its peers?

The above table shows the PE ratio for 002108 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	40.3x
000852 Sinopec Oilfield Equipment	64.1x	n/a	CN¥5.7b
002469 Shandong Sunway Chemical Group	33.3x	27.2%	CN¥7.6b
603318 Shuifa Energas Gas	46.1x	n/a	CN¥3.8b
002443 Zhejiang Kingland Pipeline and TechnologiesLtd	17.9x	n/a	CN¥3.2b
002108 Cangzhou Mingzhu PlasticLtd	34.6x	n/a	CN¥5.8b

Price-To-Earnings vs Peers: 002108 is good value based on its Price-To-Earnings Ratio (34.6x) compared to the peer average (40.3x).

Price to Earnings Ratio vs Industry

How does 002108's PE Ratio compare vs other companies in the CN Energy Services 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: 002108 is expensive based on its Price-To-Earnings Ratio (34.6x) compared to the CN Energy Services industry average (33.2x).

Price to Earnings Ratio vs Fair Ratio

What is 002108'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.

002108 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	34.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 002108's Price-To-Earnings 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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