Qingdao Huijintong Power EquipmentLtd Valuation

Q: What is the Fair Price of 603577 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603577 (CN¥8.2) is trading below our estimate of [[fair value]] (CN¥24.23)

Is 603577 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 603577 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603577 (CN¥8.2) is trading below our estimate of fair value (CN¥24.23)

Significantly Below Fair Value: 603577 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603577?

Key metric: As 603577 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603577. This is calculated by dividing 603577's market cap by their current earnings.
What is 603577's PE Ratio?
PE Ratio	28.2x
Earnings	CN¥98.61m
Market Cap	CN¥2.78b

603577 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	1.2x
Enterprise Value/EBITDA	16.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 603577's PE Ratio compare to its peers?

The above table shows the PE ratio for 603577 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	30.9x
688186 Zhangjiagang Guangda Special Material	45.9x	n/a	CN¥3.6b
603878 Jiangsu Wujin Stainless Steel Pipe GroupLTD	13.8x	18.8%	CN¥3.4b
603315 Liaoning Fu-An Heavy IndustryLtd	33.8x	n/a	CN¥3.3b
600980 BGRIMM Technology	30.1x	n/a	CN¥3.0b
603577 Qingdao Huijintong Power EquipmentLtd	28.2x	n/a	CN¥2.8b

Price-To-Earnings vs Peers: 603577 is good value based on its Price-To-Earnings Ratio (28.2x) compared to the peer average (30.9x).

Price to Earnings Ratio vs Industry

How does 603577'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: 603577 is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the CN Metals and Mining industry average (27.6x).

Price to Earnings Ratio vs Fair Ratio

What is 603577'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.

603577 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	28.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603577'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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