Shanghai Pret Composites Co., Ltd.

SZSE:002324 Stock Report

Market Cap: CN¥10.5b

Shanghai Pret Composites Valuation

Is 2324 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 2324 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002324 (CN¥9.52) is trading below our estimate of fair value (CN¥19.99)

Significantly Below Fair Value: 002324 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2324?

Other financial metrics that can be useful for relative valuation.

2324 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/Revenue1.6x
Enterprise Value/EBITDA17.6x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does 2324's PE Ratio compare to its peers?

The above table shows the PE ratio for 2324 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.5x
300568 Shenzhen Senior Technology Material
24.6x35.3%CN¥12.3b
605020 Zhejiang Yonghe Refrigerant
42.4x43.9%CN¥8.1b
301219 Ganzhou Tengyuan Cobalt New Material
23x27.3%CN¥11.8b
300777 Sinofibers TechnologyLtd
51.9x27.8%CN¥10.4b
002324 Shanghai Pret Composites
23.7x29.9%CN¥10.5b

Price-To-Earnings vs Peers: 002324 is good value based on its Price-To-Earnings Ratio (23.7x) compared to the peer average (35.5x).


Price to Earnings Ratio vs Industry

How does 2324's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a30.6%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a30.6%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 002324 is good value based on its Price-To-Earnings Ratio (23.7x) compared to the CN Chemicals industry average (30.1x).


Price to Earnings Ratio vs Fair Ratio

What is 2324'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.

2324 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.7x
Fair PE Ratio26x

Price-To-Earnings vs Fair Ratio: 002324 is good value based on its Price-To-Earnings Ratio (23.7x) compared to the estimated Fair Price-To-Earnings Ratio (26x).


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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