Liaoning Fu-An Heavy IndustryLtd Valuation

Q: What is the Fair Price of 603315 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603315 (CN¥10.46) is trading above our estimate of [[fair value]] (CN¥1.04)

Is 603315 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-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 603315 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603315 (CN¥10.46) is trading above our estimate of fair value (CN¥1.04)

Significantly Below Fair Value: 603315 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603315?

Key metric: As 603315 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603315. This is calculated by dividing 603315's market cap by their current earnings.
What is 603315's PE Ratio?
PE Ratio	33.9x
Earnings	CN¥98.84m
Market Cap	CN¥3.37b

603315 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	3.1x
Enterprise Value/EBITDA	25.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 603315's PE Ratio compare to its peers?

The above table shows the PE ratio for 603315 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	29.4x
603878 Jiangsu Wujin Stainless Steel Pipe GroupLTD	15.1x	18.8%	CN¥3.7b
301261 Hengong Precision Equipment	25.1x	23.7%	CN¥3.5b
600980 BGRIMM Technology	30.4x	n/a	CN¥3.0b
688186 Zhangjiagang Guangda Special Material	47x	n/a	CN¥3.8b
603315 Liaoning Fu-An Heavy IndustryLtd	33.9x	n/a	CN¥3.4b

Price-To-Earnings vs Peers: 603315 is expensive based on its Price-To-Earnings Ratio (33.9x) compared to the peer average (29.4x).

Price to Earnings Ratio vs Industry

How does 603315'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$1.15b

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 603315 is expensive based on its Price-To-Earnings Ratio (33.9x) compared to the CN Metals and Mining industry average (26.8x).

Price to Earnings Ratio vs Fair Ratio

What is 603315'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.

603315 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	33.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603315'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.

Discover undervalued companies

Yunnan Yuntianhua

CN¥39.9b

Engages in the phosphate ore mining, chemical fertilizers, engineering materials, agriculture, and trade and logistics businesses in China.

600096

CN¥21.90

-1.7%

37.1%

Western MiningLtd

CN¥39.7b

Engages in the mining, smelting, and trading of metals in Mainland China and internationally.

601168

CN¥16.68

-4.5%

29.6%

MeiHua Holdings GroupLtd

CN¥28.8b

A synthetic biology company, provides amino acid nutrition and health solutions in China and internationally.

600873

CN¥10.10

-2.2%

7.0%