Jinhui Mining Incorporation Limited

SHSE:603132 Stock Report

Market Cap: CN¥11.4b

Jinhui Mining Incorporation Valuation

Is 603132 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 603132 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603132 (CN¥11.63) is trading below our estimate of fair value (CN¥13.67)

Significantly Below Fair Value: 603132 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603132?

Key metric: As 603132 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603132. This is calculated by dividing 603132's market cap by their current earnings.
What is 603132's PE Ratio?
PE Ratio25.4x
EarningsCN¥448.48m
Market CapCN¥11.37b

Price to Earnings Ratio vs Peers

How does 603132's PE Ratio compare to its peers?

The above table shows the PE ratio for 603132 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average54.2x
000969 Advanced Technology & Materials
35.1x13.0%CN¥13.8b
300618 Nanjing Hanrui CobaltLtd
66.9x30.2%CN¥11.7b
000795 Innuovo Technology
63.4xn/aCN¥13.4b
002171 Anhui Truchum Advanced Materials and Technology
51.5x71.4%CN¥10.3b
603132 Jinhui Mining Incorporation
25.4x37.1%CN¥11.4b

Price-To-Earnings vs Peers: 603132 is good value based on its Price-To-Earnings Ratio (25.4x) compared to the peer average (54.2x).

Price to Earnings Ratio vs Industry

How does 603132'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
603132 25.4xIndustry Avg. 27.6xNo. of Companies27PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603132 is good value based on its Price-To-Earnings Ratio (25.4x) compared to the CN Metals and Mining industry average (27.7x).

Price to Earnings Ratio vs Fair Ratio

What is 603132'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.

603132 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.4x
Fair PE Ratio27.8x

Price-To-Earnings vs Fair Ratio: 603132 is good value based on its Price-To-Earnings Ratio (25.4x) compared to the estimated Fair Price-To-Earnings Ratio (27.8x).

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.

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