Xinjiang Joinworld Co., Ltd.

SHSE:600888 Stock Report

Market Cap: CN¥10.3b

Xinjiang Joinworld Valuation

Is 600888 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 600888 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600888 (CN¥7.39) is trading above our estimate of fair value (CN¥0.92)

Significantly Below Fair Value: 600888 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600888?

Key metric: As 600888 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600888. This is calculated by dividing 600888's market cap by their current earnings.
What is 600888's PE Ratio?
PE Ratio7.9x
EarningsCN¥1.28b
Market CapCN¥10.25b

Price to Earnings Ratio vs Peers

How does 600888's PE Ratio compare to its peers?

The above table shows the PE ratio for 600888 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average42.5x
603327 Sichuan Furong Technology
56x37.3%CN¥9.9b
603876 Jiangsu Dingsheng New Materials Ltd
29.3x30.9%CN¥8.4b
601388 Yechiu Metal Recycling (China)
68x63.0%CN¥5.9b
300428 Lizhong Sitong Light Alloys Group
16.7x21.8%CN¥11.2b
600888 Xinjiang Joinworld
7.9xn/aCN¥10.3b

Price-To-Earnings vs Peers: 600888 is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (42.5x).


Price to Earnings Ratio vs Industry

How does 600888's PE Ratio compare vs other companies in the CN Metals and Mining Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
600117 Xining Special Steel.Co.Ltd
3.4xn/aUS$1.15b
No more companies available in this PE range
600888 7.9xIndustry Avg. 27.6xNo. of Companies26PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600888 is good value based on its Price-To-Earnings Ratio (7.9x) compared to the CN Metals and Mining industry average (27.6x).


Price to Earnings Ratio vs Fair Ratio

What is 600888'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.

600888 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 600888'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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