Ningxia Building Materials Group Co.,Ltd

SHSE:600449 Stock Report

Market Cap: CN¥7.9b

Ningxia Building Materials GroupLtd Valuation

Is 600449 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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¥16.53) is trading below our estimate of fair value (CN¥21.74)

Significantly Below Fair Value: 600449 is trading below fair value by more than 20%.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

600449 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/Revenue0.7x
Enterprise Value/EBITDA9x
PEG Ratio1.1x

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 Average17.7x
600586 Shandong Jinjing Science & Technology StockLtd
23.2x50.7%CN¥8.4b
600724 Ningbo Fuda
26.2xn/aCN¥6.0b
000012 CSG Holding
9x14.4%CN¥13.1b
002302 China West Construction Group
12.6xn/aCN¥8.1b
600449 Ningxia Building Materials GroupLtd
35.5x33.0%CN¥7.9b

Price-To-Earnings vs Peers: 600449 is expensive based on its Price-To-Earnings Ratio (35.5x) compared to the peer average (17.7x).


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
Industry Avg.n/a27.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a27.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 600449 is expensive based on its Price-To-Earnings Ratio (35.5x) compared to the CN Basic Materials industry average (19.9x).


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 Ratio35.5x
Fair PE Ratio22.8x

Price-To-Earnings vs Fair Ratio: 600449 is expensive based on its Price-To-Earnings Ratio (35.5x) compared to the estimated Fair Price-To-Earnings Ratio (22.8x).


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.


Discover undervalued companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.