Jinneng Science&TechnologyLtd Valuation

Q: What is the Fair Price of 603113 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603113 (CN¥6.08) is trading below our estimate of [[fair value]] (CN¥56.17)

Is 603113 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 603113 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603113 (CN¥6.08) is trading below our estimate of fair value (CN¥56.17)

Significantly Below Fair Value: 603113 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603113?

Key metric: As 603113 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603113. This is calculated by dividing 603113's market cap by their current earnings.
What is 603113's PE Ratio?
PE Ratio	51.9x
Earnings	CN¥99.29m
Market Cap	CN¥5.06b

603113 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	0.5x
Enterprise Value/EBITDA	7.3x
PEG Ratio	0.8x

Price to Earnings Ratio vs Peers

How does 603113's PE Ratio compare to its peers?

The above table shows the PE ratio for 603113 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	24.5x
605050 FriendLtd	14.4x	n/a	CN¥4.7b
002392 Beijing Lier High-temperature MaterialsLtd	13.6x	18.5%	CN¥5.4b
002290 Suzhou Hesheng Special Material	48.9x	n/a	CN¥4.1b
603969 Silvery Dragon Prestressed MaterialsLTD Tianjin	21.1x	n/a	CN¥4.7b
603113 Jinneng Science&TechnologyLtd	51.9x	61.8%	CN¥5.2b

Price-To-Earnings vs Peers: 603113 is expensive based on its Price-To-Earnings Ratio (51.9x) compared to the peer average (24.5x).

Price to Earnings Ratio vs Industry

How does 603113'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	3.4x	n/a	US$1.16b

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 603113 is expensive based on its Price-To-Earnings Ratio (51.9x) compared to the CN Metals and Mining industry average (27.6x).

Price to Earnings Ratio vs Fair Ratio

What is 603113'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.

603113 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	51.9x
Fair PE Ratio	40.4x

Price-To-Earnings vs Fair Ratio: 603113 is expensive based on its Price-To-Earnings Ratio (51.9x) compared to the estimated Fair Price-To-Earnings Ratio (40.4x).

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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