Suli Valuation

Is 603585 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-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 603585 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603585 (CN¥13.66) is trading above our estimate of fair value (CN¥0.92)

Significantly Below Fair Value: 603585 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603585?

Key metric: As 603585 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 603585. This is calculated by dividing 603585's market cap by their current revenue.
What is 603585's PS Ratio?
PS Ratio1.2x
SalesCN¥2.12b
Market CapCN¥2.51b

Price to Sales Ratio vs Peers

How does 603585's PS Ratio compare to its peers?

The above table shows the PS ratio for 603585 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3x
600538 Beihai Gofar Chuanshan Biological
7.6xn/aCN¥2.6b
002734 Limin GroupLtd
0.7x8.3%CN¥2.9b
002942 Zhejiang XinNong ChemicalLtd
2.4xn/aCN¥2.2b
600731 Hunan Haili Chemical IndustryLtd
1.4xn/aCN¥3.4b
1.2xn/aCN¥2.5b

Price-To-Sales vs Peers: 603585 is good value based on its Price-To-Sales Ratio (1.2x) compared to the peer average (3x).


Price to Sales Ratio vs Industry

How does 603585's PS Ratio compare vs other companies in the CN Chemicals Industry?

16 CompaniesPrice / SalesEstimated GrowthMarket Cap
002493 Rongsheng Petrochemical
0.3x9.3%US$12.47b
000301 Jiangsu Eastern ShenghongLtd
0.4x6.8%US$8.00b
601233 Tongkun Group
0.3x4.6%US$3.80b
000703 Hengyi Petrochemical
0.2x5.1%US$2.87b
603585 1.2xIndustry Avg. 2.3xNo. of Companies57PS01.63.24.86.48+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 603585 is good value based on its Price-To-Sales Ratio (1.2x) compared to the CN Chemicals industry average (2.3x).


Price to Sales Ratio vs Fair Ratio

What is 603585'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.

603585 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 603585'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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