Jiangsu Safety Group Co.,Ltd.

SHSE:603028 Stock Report

Market Cap: CN¥2.0b

Jiangsu Safety GroupLtd Valuation

Is 603028 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 603028 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603028 (CN¥7.11) is trading above our estimate of fair value (CN¥0.47)

Significantly Below Fair Value: 603028 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603028?

Key metric: As 603028 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 603028. This is calculated by dividing 603028's market cap by their current revenue.
What is 603028's PS Ratio?
PS Ratio1.5x
SalesCN¥1.34b
Market CapCN¥2.01b

Price to Sales Ratio vs Peers

How does 603028's PS Ratio compare to its peers?

The above table shows the PS ratio for 603028 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.4x
301063 Zhangjiagang Haiguo New Energy Equipment Manufacturing
1.4xn/aCN¥1.7b
603577 Qingdao Huijintong Power EquipmentLtd
0.6xn/aCN¥2.8b
603278 Shandong Daye
0.5xn/aCN¥2.5b
301163 Jiangsu Hongde Special PartsLtd
3.1xn/aCN¥1.8b
603028 Jiangsu Safety GroupLtd
1.5xn/aCN¥2.0b

Price-To-Sales vs Peers: 603028 is expensive based on its Price-To-Sales Ratio (1.5x) compared to the peer average (1.4x).

Price to Sales Ratio vs Industry

How does 603028's PS Ratio compare vs other companies in the CN Metals and Mining Industry?

25 CompaniesPrice / SalesEstimated GrowthMarket Cap
000630 Tongling Nonferrous Metals GroupLtd
0.3x12.9%US$5.81b
000932 Hunan Valin Steel
0.2x3.1%US$4.20b
000878 Yunnan CopperLtd
0.2x7.7%US$3.48b
000959 Beijing Shougang
0.2x-0.2%US$3.37b
603028 1.5xIndustry Avg. 1.4xNo. of Companies25PS01.22.43.64.86+
25 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 603028 is expensive based on its Price-To-Sales Ratio (1.5x) compared to the CN Metals and Mining industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is 603028's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

603028 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 603028's Price-To-Sales 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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