Zhejiang Jianye Chemical

SHSE:603948 Stock Report

Mkt Cap: CN¥3.8b

We’ve recently updated our valuation analysis.

Zhejiang Jianye Chemical Valuation

Is 603948 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603948?

Other financial metrics that can be useful for relative valuation.

603948 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/Revenue1x
Enterprise Value/EBITDA5.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 603948's PE Ratio compare to its peers?

The above table shows the PE ratio for 603948 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average42.4x
603330 Shanghai Tianyang Hot Melt Adhesives
603255 Liaoning Dingjide Petrochemical
300727 Ningbo Runhe High-Tech Materials
603722 Wuxi Acryl Technology
603948 Zhejiang Jianye Chemical

Price-To-Earnings vs Peers: 603948 is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (42.4x).

Price to Earnings Ratio vs Industry

How does 603948's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a27.0%

Price-To-Earnings vs Industry: 603948 is good value based on its Price-To-Earnings Ratio (8.2x) compared to the CN Chemicals industry average (27.4x)

Price to Earnings Ratio vs Fair Ratio

What is 603948'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.

603948 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603948's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 603948 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603948 (CN¥23.2) is trading below our estimate of fair value (CN¥414.07)

Significantly Below Fair Value: 603948 is trading below fair value by more than 20%.

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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