Qinghai Salt Lake Industry Co.,Ltd

SZSE:000792 Stock Report

Market Cap: CN¥98.9b

Qinghai Salt Lake IndustryLtd Valuation

Is 000792 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 000792 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000792 (CN¥18.31) is trading below our estimate of fair value (CN¥19.65)

Significantly Below Fair Value: 000792 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000792?

Key metric: As 000792 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000792. This is calculated by dividing 000792's market cap by their current earnings.
What is 000792's PE Ratio?
PE Ratio18x
EarningsCN¥5.45b
Market CapCN¥98.94b

Price to Earnings Ratio vs Peers

How does 000792's PE Ratio compare to its peers?

The above table shows the PE ratio for 000792 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.9x
600426 Shandong Hualu-Hengsheng Chemical
13x21.2%CN¥48.1b
000408 Zangge Mining
19.2x28.6%CN¥45.7b
600096 Yunnan Yuntianhua
7.7x2.8%CN¥40.8b
002312 Sichuan Development LomonLtd
51.9x22.8%CN¥27.7b
000792 Qinghai Salt Lake IndustryLtd
18x10.6%CN¥98.9b

Price-To-Earnings vs Peers: 000792 is good value based on its Price-To-Earnings Ratio (18x) compared to the peer average (22.9x).

Price to Earnings Ratio vs Industry

How does 000792's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
000792 18.0xIndustry Avg. 35.7xNo. of Companies43PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 000792 is good value based on its Price-To-Earnings Ratio (18x) compared to the CN Chemicals industry average (35.7x).

Price to Earnings Ratio vs Fair Ratio

What is 000792'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.

000792 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18x
Fair PE Ratio20.9x

Price-To-Earnings vs Fair Ratio: 000792 is good value based on its Price-To-Earnings Ratio (18x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

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 000792 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥18.31
CN¥16.86
-7.9%
13.1%CN¥18.50CN¥12.50n/a5
Nov ’25CN¥18.21
CN¥17.45
-4.2%
13.8%CN¥20.40CN¥12.50n/a6
Oct ’25CN¥18.56
CN¥17.45
-6.0%
13.8%CN¥20.40CN¥12.50n/a6
Sep ’25CN¥14.63
CN¥18.07
+23.5%
14.2%CN¥20.90CN¥13.00n/a6
Aug ’25CN¥15.13
CN¥18.16
+20.0%
15.4%CN¥20.90CN¥13.00n/a5
Jul ’25CN¥17.27
CN¥19.97
+15.6%
24.0%CN¥29.00CN¥13.00n/a6
Jun ’25CN¥17.29
CN¥19.80
+14.5%
25.4%CN¥29.00CN¥12.00n/a6
May ’25CN¥16.59
CN¥19.64
+18.4%
23.8%CN¥29.00CN¥12.00n/a7
Apr ’25CN¥16.47
CN¥20.04
+21.7%
23.2%CN¥29.00CN¥12.00n/a7
Mar ’25CN¥16.55
CN¥20.23
+22.2%
21.4%CN¥29.00CN¥13.30n/a7
Feb ’25CN¥14.30
CN¥20.23
+41.4%
21.4%CN¥29.00CN¥13.30n/a7
Jan ’25CN¥15.95
CN¥20.44
+28.2%
21.0%CN¥29.00CN¥13.30n/a7
Dec ’24CN¥15.99
CN¥21.27
+33.0%
22.7%CN¥29.00CN¥13.30n/a7
Nov ’24CN¥16.71
CN¥23.24
+39.0%
23.3%CN¥29.51CN¥15.50CN¥18.216
Oct ’24CN¥17.16
CN¥24.20
+41.0%
21.1%CN¥29.51CN¥15.50CN¥18.567
Sep ’24CN¥17.88
CN¥24.52
+37.1%
21.7%CN¥29.51CN¥15.50CN¥14.637
Aug ’24CN¥19.95
CN¥24.89
+24.8%
19.6%CN¥29.51CN¥15.50CN¥15.138
Jul ’24CN¥19.17
CN¥27.20
+41.9%
15.5%CN¥34.00CN¥18.70CN¥17.278
Jun ’24CN¥19.05
CN¥28.95
+52.0%
13.6%CN¥36.00CN¥24.50CN¥17.298
May ’24CN¥20.42
CN¥28.95
+41.8%
13.6%CN¥36.00CN¥24.50CN¥16.598
Apr ’24CN¥22.36
CN¥32.07
+43.4%
20.7%CN¥41.92CN¥24.50CN¥16.477
Mar ’24CN¥24.91
CN¥32.87
+32.0%
19.1%CN¥41.92CN¥24.50CN¥16.557
Feb ’24CN¥25.38
CN¥33.73
+32.9%
16.5%CN¥41.92CN¥24.50CN¥14.307
Jan ’24CN¥22.69
CN¥33.25
+46.6%
14.9%CN¥40.00CN¥24.50CN¥15.957
Dec ’23CN¥25.23
CN¥33.25
+31.8%
14.9%CN¥40.00CN¥24.50CN¥15.997
Nov ’23CN¥22.77
CN¥32.10
+41.0%
15.3%CN¥38.58CN¥24.50CN¥16.715

Analyst Forecast: Target price is lower than the current share price.

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