Shanghai Putailai New Energy Technology Co.,Ltd.

SHSE:603659 Stock Report

Market Cap: CN¥38.1b

Shanghai Putailai New Energy TechnologyLtd Valuation

Is 603659 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 603659 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603659 (CN¥18.99) is trading above our estimate of fair value (CN¥0.2)

Significantly Below Fair Value: 603659 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603659?

Key metric: As 603659 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603659. This is calculated by dividing 603659's market cap by their current earnings.
What is 603659's PE Ratio?
PE Ratio26.3x
EarningsCN¥1.52b
Market CapCN¥38.13b

Price to Earnings Ratio vs Peers

How does 603659's PE Ratio compare to its peers?

The above table shows the PE ratio for 603659 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39x
600378 Haohua Chemical Science & Technology
50x35.9%CN¥35.2b
600873 MeiHua Holdings GroupLtd
9.8x8.4%CN¥28.9b
300054 Hubei DinglongLtd
61.3x32.6%CN¥24.8b
300037 Shenzhen Capchem Technology
34.8x29.0%CN¥30.4b
603659 Shanghai Putailai New Energy TechnologyLtd
26.3x27.7%CN¥38.1b

Price-To-Earnings vs Peers: 603659 is good value based on its Price-To-Earnings Ratio (26.3x) compared to the peer average (39x).

Price to Earnings Ratio vs Industry

How does 603659's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
603659 26.3xIndustry Avg. 35.1xNo. of Companies42PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603659 is good value based on its Price-To-Earnings Ratio (26.3x) compared to the CN Chemicals industry average (35.1x).

Price to Earnings Ratio vs Fair Ratio

What is 603659'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.

603659 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.3x
Fair PE Ratio30.2x

Price-To-Earnings vs Fair Ratio: 603659 is good value based on its Price-To-Earnings Ratio (26.3x) compared to the estimated Fair Price-To-Earnings Ratio (30.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 603659 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥18.99
CN¥15.17
-20.1%
12.0%CN¥18.00CN¥12.70n/a10
Nov ’25CN¥16.15
CN¥15.17
-6.0%
12.0%CN¥18.00CN¥12.70n/a10
Oct ’25CN¥14.95
CN¥16.24
+8.6%
40.6%CN¥35.00CN¥10.00n/a10
Sep ’25CN¥11.55
CN¥17.19
+48.8%
36.7%CN¥35.00CN¥12.40n/a10
Aug ’25CN¥12.69
CN¥23.64
+86.3%
29.7%CN¥38.62CN¥17.00n/a10
Jul ’25CN¥14.19
CN¥24.25
+70.9%
27.6%CN¥38.62CN¥17.00n/a10
Jun ’25CN¥16.31
CN¥24.68
+51.3%
26.5%CN¥38.62CN¥17.00n/a11
May ’25CN¥18.51
CN¥23.90
+29.1%
32.4%CN¥38.62CN¥12.00n/a10
Apr ’25CN¥20.12
CN¥24.92
+23.9%
33.0%CN¥38.62CN¥12.00n/a10
Mar ’25CN¥18.59
CN¥27.92
+50.2%
33.0%CN¥43.00CN¥12.00n/a10
Feb ’25CN¥16.35
CN¥32.15
+96.7%
22.6%CN¥44.00CN¥22.00n/a10
Jan ’25CN¥20.93
CN¥32.88
+57.1%
26.3%CN¥51.30CN¥22.00n/a10
Dec ’24CN¥22.59
CN¥33.61
+48.8%
24.3%CN¥51.30CN¥22.00n/a10
Nov ’24CN¥24.79
CN¥34.79
+40.4%
24.0%CN¥51.30CN¥22.00CN¥16.159
Oct ’24CN¥29.29
CN¥38.27
+30.7%
18.6%CN¥49.00CN¥22.00CN¥14.9510
Sep ’24CN¥33.24
CN¥41.82
+25.8%
16.2%CN¥57.24CN¥33.00CN¥11.5510
Aug ’24CN¥39.66
CN¥43.01
+8.5%
15.6%CN¥57.24CN¥33.00CN¥12.6910
Jul ’24CN¥38.22
CN¥44.08
+15.3%
16.4%CN¥57.24CN¥33.00CN¥14.1910
Jun ’24CN¥35.19
CN¥44.08
+25.3%
16.4%CN¥57.24CN¥33.00CN¥16.3110
May ’24CN¥36.01
CN¥47.39
+31.6%
27.5%CN¥80.00CN¥33.10CN¥18.5110
Apr ’24CN¥34.42
CN¥49.43
+43.6%
27.7%CN¥80.00CN¥33.10CN¥20.129
Mar ’24CN¥35.32
CN¥51.90
+47.0%
23.7%CN¥80.00CN¥34.48CN¥18.599
Feb ’24CN¥38.64
CN¥55.02
+42.4%
19.3%CN¥80.00CN¥41.38CN¥16.3510
Jan ’24CN¥35.79
CN¥55.02
+53.7%
19.3%CN¥80.00CN¥41.38CN¥20.9310
Dec ’23CN¥39.07
CN¥55.43
+41.9%
18.5%CN¥80.00CN¥41.38CN¥22.5911
Nov ’23CN¥36.12
CN¥59.20
+63.9%
21.8%CN¥80.00CN¥41.38CN¥24.7912

Analyst Forecast: Target price is lower than the current share price.

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