Zhongman Petroleum and Natural Gas GroupLtd Valuation
Is 603619 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation 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 603619 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 603619 (CN¥21.54) is trading below our estimate of fair value (CN¥73.14)
Significantly Below Fair Value: 603619 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 603619?
Key metric: As 603619 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 603619's PE Ratio? | |
|---|---|
| PE Ratio | 11.1x |
| Earnings | CN¥884.96m |
| Market Cap | CN¥9.85b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.9x |
| Enterprise Value/EBITDA | 7.2x |
| PEG Ratio | 0.4x |
Price to Earnings Ratio vs Peers
How does 603619's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 36.4x | ||
603698 Changzheng Engineering TechnologyLtd | 49.3x | 23.8% | CN¥9.8b |
603800 Jiangsu Hongtian TechnologyLtd | 21.4x | 26.4% | CN¥5.1b |
000852 Sinopec Oilfield Equipment | 62.7x | n/a | CN¥5.6b |
600583 Offshore Oil EngineeringLtd | 12.4x | 9.7% | CN¥24.2b |
603619 Zhongman Petroleum and Natural Gas GroupLtd | 11.1x | 24.9% | CN¥9.9b |
Price-To-Earnings vs Peers: 603619 is good value based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (35.9x).
Price to Earnings Ratio vs Industry
How does 603619's PE Ratio compare vs other companies in the CN Energy Services Industry?
| 0 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|
| 0 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: 603619 is good value based on its Price-To-Earnings Ratio (11.1x) compared to the CN Energy Services industry average (29.7x).
Price to Earnings Ratio vs Fair Ratio
What is 603619'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.1x |
| Fair PE Ratio | 15x |
Price-To-Earnings vs Fair Ratio: 603619 is good value based on its Price-To-Earnings Ratio (11.1x) compared to the estimated Fair Price-To-Earnings Ratio (15x).
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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