Xiamen Hexing Packaging Printing Co., Ltd.

SZSE:002228 Stock Report

Market Cap: CN¥3.4b

Xiamen Hexing Packaging Printing Valuation

Is 002228 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 002228 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002228 (CN¥2.97) is trading below our estimate of fair value (CN¥14.45)

Significantly Below Fair Value: 002228 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002228?

Key metric: As 002228 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002228. This is calculated by dividing 002228's market cap by their current earnings.
What is 002228's PE Ratio?
PE Ratio26.9x
EarningsCN¥127.74m
Market CapCN¥3.44b

Price to Earnings Ratio vs Peers

How does 002228's PE Ratio compare to its peers?

The above table shows the PE ratio for 002228 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.4x
605500 Forest Packaging GroupLtd
15.3xn/aCN¥3.0b
002565 Shanghai Shunho New Materials TechnologyLtd
62xn/aCN¥3.6b
301223 ZRP Printing Group
20.7xn/aCN¥3.3b
002067 Zhejiang Jingxing Paper
47.8xn/aCN¥4.4b
002228 Xiamen Hexing Packaging Printing
26.9x28.6%CN¥3.4b

Price-To-Earnings vs Peers: 002228 is good value based on its Price-To-Earnings Ratio (26.9x) compared to the peer average (36.4x).

Price to Earnings Ratio vs Industry

How does 002228's PE Ratio compare vs other companies in the CN Packaging Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
002228 26.9xIndustry Avg. 31.1xNo. of Companies5PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002228 is good value based on its Price-To-Earnings Ratio (26.9x) compared to the CN Packaging industry average (31.1x).

Price to Earnings Ratio vs Fair Ratio

What is 002228'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.

002228 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.9x
Fair PE Ratio20.3x

Price-To-Earnings vs Fair Ratio: 002228 is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.3x).

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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