Ningbo Changhong Polymer Scientific and Technical Valuation

Q: What is the Fair Price of 605008 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

605008 (CN¥12.76) is trading above our estimate of [[fair value]] (CN¥5.73)

Is 605008 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 605008 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 605008 (CN¥12.76) is trading above our estimate of fair value (CN¥5.73)

Significantly Below Fair Value: 605008 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 605008?

Key metric: As 605008 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 605008. This is calculated by dividing 605008's market cap by their current earnings.
What is 605008's PE Ratio?
PE Ratio	86x
Earnings	CN¥95.34m
Market Cap	CN¥8.06b

605008 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	3.5x
Enterprise Value/EBITDA	54.5x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

How does 605008's PE Ratio compare to its peers?

The above table shows the PE ratio for 605008 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	89.2x
301618 Dongguan Changlian New Materials TechnologyLtd	92.5x	n/a	CN¥7.4b
300398 PhiChem	87.5x	38.1%	CN¥9.4b
688603 Guangdong Skychem Technology	96.2x	39.8%	CN¥6.8b
002440 Zhejiang Runtu	80.5x	65.3%	CN¥7.5b
605008 Ningbo Changhong Polymer Scientific and Technical	86x	56.3%	CN¥8.1b

Price-To-Earnings vs Peers: 605008 is good value based on its Price-To-Earnings Ratio (86x) compared to the peer average (89.2x).

Price to Earnings Ratio vs Industry

How does 605008's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 605008 is expensive based on its Price-To-Earnings Ratio (86x) compared to the CN Chemicals industry average (35.6x).

Price to Earnings Ratio vs Fair Ratio

What is 605008'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.

605008 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	86x
Fair PE Ratio	37.1x

Price-To-Earnings vs Fair Ratio: 605008 is expensive based on its Price-To-Earnings Ratio (86x) compared to the estimated Fair Price-To-Earnings Ratio (37.1x).

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.

Discover undervalued companies

Western MiningLtd

CN¥41.6b

Engages in the mining, smelting, and trading of metals in Mainland China and internationally.

601168

CN¥17.47

-2.3%

36.2%

Wanhua Chemical Group

CN¥242.2b

Provides polyurethane, petrochemical, and performance chemicals and materials worldwide.

600309

CN¥77.13

-4.2%

-6.8%

Henan Shenhuo Coal Industry and Electricity Power

CN¥37.9b

Henan Shenhuo Coal Industry and Electricity Power Co.

933

CN¥16.84

-10.3%

6.9%