Jiangxi Guotai Group Co.,Ltd.

SHSE:603977 Stock Report

Market Cap: CN¥8.6b

Jiangxi Guotai GroupLtd Valuation

Is 603977 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 603977 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603977 (CN¥13.49) is trading below our estimate of fair value (CN¥32.31)

Significantly Below Fair Value: 603977 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603977?

Other financial metrics that can be useful for relative valuation.

603977 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/Revenue3.9x
Enterprise Value/EBITDA23.3x
PEG Ratio1.2x

Price to Earnings Ratio vs Peers

How does 603977's PE Ratio compare to its peers?

The above table shows the PE ratio for 603977 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.1x
300848 Miracll ChemicalsLtd
120.6x80.2%CN¥8.5b
600618 Shanghai Chlor-Alkali Chemical
11.8xn/aCN¥9.0b
603299 Jiang Su Suyan JingshenLtd
10xn/aCN¥8.7b
601208 Sichuan Em Technology
29.8x36.2%CN¥8.1b
603977 Jiangxi Guotai GroupLtd
28.2x23.7%CN¥8.6b

Price-To-Earnings vs Peers: 603977 is good value based on its Price-To-Earnings Ratio (28.2x) compared to the peer average (43.1x).


Price to Earnings Ratio vs Industry

How does 603977's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a39.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a39.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 603977 is good value based on its Price-To-Earnings Ratio (28.2x) compared to the CN Chemicals industry average (37.4x).


Price to Earnings Ratio vs Fair Ratio

What is 603977'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.

603977 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.2x
Fair PE Ratio22.8x

Price-To-Earnings vs Fair Ratio: 603977 is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the estimated Fair Price-To-Earnings Ratio (22.8x).


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 603977 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥13.49
CN¥13.50
+0.06%
15.6%CN¥15.60CN¥11.40n/a2
Nov ’25CN¥12.25
CN¥14.20
+15.9%
14.0%CN¥15.60CN¥11.40n/a3
Oct ’25CN¥11.15
CN¥13.50
+21.1%
12.7%CN¥15.60CN¥11.40n/a3
Sep ’25CN¥9.95
CN¥14.55
+46.2%
7.2%CN¥15.60CN¥13.50n/a2
Aug ’25CN¥9.48
CN¥15.30
+61.4%
2.0%CN¥15.60CN¥15.00n/a2
Jul ’25CN¥10.15
CN¥15.30
+50.7%
2.0%CN¥15.60CN¥15.00n/a2
Jun ’25CN¥10.55
CN¥15.30
+45.0%
2.0%CN¥15.60CN¥15.00n/a2
May ’25CN¥12.36
CN¥15.30
+23.8%
2.0%CN¥15.60CN¥15.00n/a2

Analyst Forecast: Target price is less than 20% higher than the current share price.


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