Ningxia Building Materials Group Co.,Ltd

SHSE:600449 Stock Report

Market Cap: CN¥6.5b

Ningxia Building Materials GroupLtd Valuation

Is 600449 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 600449 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600449 (CN¥13.66) is trading above our estimate of fair value (CN¥0.87)

Significantly Below Fair Value: 600449 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600449?

Key metric: As 600449 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600449. This is calculated by dividing 600449's market cap by their current earnings.
What is 600449's PE Ratio?
PE Ratio37x
EarningsCN¥176.63m
Market CapCN¥6.53b

Price to Earnings Ratio vs Peers

How does 600449's PE Ratio compare to its peers?

The above table shows the PE ratio for 600449 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.6x
600425 Xinjiang Qingsong Building Materials and Chemicals(Group)CoLtd
18.3x28.6%CN¥6.6b
600724 Ningbo Fuda
30.7xn/aCN¥7.0b
600586 Shandong Jinjing Science & Technology StockLtd
24.1x33.2%CN¥8.1b
600819 Shanghai Yaohua Pilkington Glass Group
81.1xn/aCN¥4.5b
600449 Ningxia Building Materials GroupLtd
37x41.0%CN¥6.5b

Price-To-Earnings vs Peers: 600449 is good value based on its Price-To-Earnings Ratio (37x) compared to the peer average (38.6x).

Price to Earnings Ratio vs Industry

How does 600449's PE Ratio compare vs other companies in the CN Basic Materials Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
600449 37.0xIndustry Avg. 24.1xNo. of Companies5PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600449 is expensive based on its Price-To-Earnings Ratio (37x) compared to the CN Basic Materials industry average (25x).

Price to Earnings Ratio vs Fair Ratio

What is 600449'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.

600449 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37x
Fair PE Ratio31x

Price-To-Earnings vs Fair Ratio: 600449 is expensive based on its Price-To-Earnings Ratio (37x) compared to the estimated Fair Price-To-Earnings Ratio (31x).

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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