Shanxi Meijin EnergyLtd Valuation

Is 000723 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-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 000723 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 000723's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 000723's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000723?

Key metric: As 000723 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 000723. This is calculated by dividing 000723's market cap by their current revenue.
What is 000723's PS Ratio?
PS Ratio	1x
Sales	CN¥20.34b
Market Cap	CN¥20.73b

000723 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	1.3x
Enterprise Value/EBITDA	25.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 000723's PS Ratio compare to its peers?

The above table shows the PS ratio for 000723 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	0.3x
000825 Shanxi Taigang Stainless Steel	0.2x	n/a	CN¥21.4b
000709 HBIS	0.2x	6.3%	CN¥23.9b
000959 Beijing Shougang	0.2x	-0.2%	CN¥25.3b
600282 Nanjing Iron & Steel	0.4x	8.4%	CN¥26.4b
000723 Shanxi Meijin EnergyLtd	1x	11.8%	CN¥20.7b

Price-To-Sales vs Peers: 000723 is expensive based on its Price-To-Sales Ratio (1x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

How does 000723's PS Ratio compare vs other companies in the CN Metals and Mining Industry?

24 Companies	Price / Sales	Estimated Growth	Market Cap
000932 Hunan Valin Steel	0.2x	3.2%	US$4.40b
000878 Yunnan CopperLtd	0.2x	4.9%	US$3.58b
000959 Beijing Shougang	0.2x	-0.2%	US$3.50b
000709 HBIS	0.2x	6.3%	US$3.30b

24 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 000723 is good value based on its Price-To-Sales Ratio (1x) compared to the CN Metals and Mining industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is 000723'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.

000723 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	1x

Price-To-Sales vs Fair Ratio: 000723 is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (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.

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