Chengtun Mining Group Valuation

Q: What is the Fair Price of 600711 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

600711 (CN¥4.95) is trading above our estimate of [[fair value]] (CN¥0.4)

Is 600711 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 600711 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600711 (CN¥4.95) is trading above our estimate of fair value (CN¥0.4)

Significantly Below Fair Value: 600711 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600711?

Key metric: As 600711 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600711. This is calculated by dividing 600711's market cap by their current earnings.
What is 600711's PE Ratio?
PE Ratio	8.8x
Earnings	CN¥1.73b
Market Cap	CN¥15.30b

600711 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	1x
Enterprise Value/EBITDA	5.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 600711's PE Ratio compare to its peers?

The above table shows the PE ratio for 600711 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	71.4x
000688 GuoCheng MiningLTD	129.9x	n/a	CN¥15.3b
601020 Tibet Huayu Mining	105.1x	n/a	CN¥10.7b
002978 Sichuan Anning Iron and TitaniumLtd	13.3x	15.5%	CN¥12.0b
000657 China Tungsten And Hightech MaterialsLtd	37.2x	24.7%	CN¥14.0b
600711 Chengtun Mining Group	8.8x	n/a	CN¥15.3b

Price-To-Earnings vs Peers: 600711 is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (71.4x).

Price to Earnings Ratio vs Industry

How does 600711's PE Ratio compare vs other companies in the CN Metals and Mining Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
600117 Xining Special Steel.Co.Ltd	3.5x	n/a	US$1.20b

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 600711 is good value based on its Price-To-Earnings Ratio (8.8x) compared to the CN Metals and Mining industry average (28x).

Price to Earnings Ratio vs Fair Ratio

What is 600711'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.

600711 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 600711'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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