Wuxi Acryl Technology Valuation

Q: What is the Fair Price of 603722 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603722 (CN¥46.08) is trading above our estimate of [[fair value]] (CN¥5.48)

Is 603722 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-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 603722 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603722 (CN¥46.08) is trading above our estimate of fair value (CN¥5.48)

Significantly Below Fair Value: 603722 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603722?

Key metric: As 603722 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 603722. This is calculated by dividing 603722's market cap by their current revenue.
What is 603722's PS Ratio?
PS Ratio	9x
Sales	CN¥487.76m
Market Cap	CN¥4.55b

603722 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	8.7x
Enterprise Value/EBITDA	376.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 603722's PS Ratio compare to its peers?

The above table shows the PS ratio for 603722 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	4.7x
002694 Goody Science and Technology	5.1x	n/a	CN¥4.5b
605399 Jiangxi Chenguang New Materials	3.2x	33.6%	CN¥3.9b
300343 Lecron Industrial Development Group	7.9x	n/a	CN¥8.4b
603002 Epoxy Base Electronic Material	2.8x	40.9%	CN¥6.2b
603722 Wuxi Acryl Technology	9x	29.5%	CN¥4.6b

Price-To-Sales vs Peers: 603722 is expensive based on its Price-To-Sales Ratio (9x) compared to the peer average (4.7x).

Price to Sales Ratio vs Industry

How does 603722's PS Ratio compare vs other companies in the CN Chemicals Industry?

16 Companies	Price / Sales	Estimated Growth	Market Cap
002493 Rongsheng Petrochemical	0.3x	9.3%	US$13.06b
000301 Jiangsu Eastern ShenghongLtd	0.4x	6.8%	US$8.21b
601233 Tongkun Group	0.3x	4.6%	US$3.95b
000703 Hengyi Petrochemical	0.2x	5.1%	US$2.96b

16 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 603722 is expensive based on its Price-To-Sales Ratio (9x) compared to the CN Chemicals industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is 603722'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.

603722 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	9x
Fair PS Ratio	1.6x

Price-To-Sales vs Fair Ratio: 603722 is expensive based on its Price-To-Sales Ratio (9x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).

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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