Guangdong Hoshion Industrial Aluminium Co., Ltd.

SZSE:002824 Stock Report

Market Cap: CN¥6.3b

Guangdong Hoshion Industrial Aluminium Valuation

Is 002824 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 002824 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002824 (CN¥22.44) is trading above our estimate of fair value (CN¥4.46)

Significantly Below Fair Value: 002824 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002824?

Key metric: As 002824 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002824. This is calculated by dividing 002824's market cap by their current earnings.
What is 002824's PE Ratio?
PE Ratio67.7x
EarningsCN¥92.56m
Market CapCN¥6.26b

Price to Earnings Ratio vs Peers

How does 002824's PE Ratio compare to its peers?

The above table shows the PE ratio for 002824 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37x
603211 Jintuo Technology
91.6xn/aCN¥5.1b
002988 Guangdong Haomei New MaterialsLtd
20.5x27.3%CN¥4.7b
002996 Chongqing Shunbo AluminumLtd
21.9xn/aCN¥4.5b
002540 Jiangsu Asia-Pacific Light Alloy Technology
13.9x22.0%CN¥7.2b
002824 Guangdong Hoshion Industrial Aluminium
67.7x20.4%CN¥6.3b

Price-To-Earnings vs Peers: 002824 is expensive based on its Price-To-Earnings Ratio (67.7x) compared to the peer average (37x).

Price to Earnings Ratio vs Industry

How does 002824's PE Ratio compare vs other companies in the CN Metals and Mining Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
600117 Xining Special Steel.Co.Ltd
3.5xn/aUS$1.20b
No more companies available in this PE range
002824 67.7xIndustry Avg. 28.4xNo. of Companies24PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002824 is expensive based on its Price-To-Earnings Ratio (67.7x) compared to the CN Metals and Mining industry average (28x).

Price to Earnings Ratio vs Fair Ratio

What is 002824'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.

002824 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio67.7x
Fair PE Ratio21.9x

Price-To-Earnings vs Fair Ratio: 002824 is expensive based on its Price-To-Earnings Ratio (67.7x) compared to the estimated Fair Price-To-Earnings Ratio (21.9x).

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 002824 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥22.44
CN¥14.29
-36.3%
4.8%CN¥14.98CN¥13.60n/a2
Nov ’25CN¥16.15
CN¥14.29
-11.5%
4.8%CN¥14.98CN¥13.60n/a2
Oct ’25CN¥15.32
CN¥14.29
-6.7%
4.8%CN¥14.98CN¥13.60n/a2
Sep ’25CN¥14.54
CN¥14.29
-1.7%
4.8%CN¥14.98CN¥13.60n/a2
Aug ’25CN¥13.66
CN¥15.11
+10.6%
10.0%CN¥16.62CN¥13.60n/a2
Jul ’25CN¥13.00
CN¥15.11
+16.2%
10.0%CN¥16.62CN¥13.60n/a2
Jun ’25CN¥14.46
CN¥15.11
+4.5%
10.0%CN¥16.62CN¥13.60n/a2
May ’25CN¥15.42
CN¥15.11
-2.0%
10.0%CN¥16.62CN¥13.60n/a2
Apr ’25CN¥16.26
CN¥17.06
+4.9%
16.7%CN¥19.91CN¥14.20n/a2
Sep ’24CN¥18.50
CN¥24.60
+32.9%
19.0%CN¥29.28CN¥19.91CN¥14.542
Aug ’24CN¥21.74
CN¥29.49
+35.7%
0.7%CN¥29.71CN¥29.28CN¥13.662
Jul ’24CN¥21.09
CN¥29.50
+39.9%
0.7%CN¥29.71CN¥29.28CN¥13.002
Jun ’24CN¥18.73
CN¥29.50
+57.5%
0.7%CN¥29.71CN¥29.28CN¥14.462
May ’24CN¥19.11
CN¥29.50
+54.3%
0.7%CN¥29.71CN¥29.28CN¥15.422
Mar ’24CN¥26.17
CN¥40.21
+53.6%
20.1%CN¥48.28CN¥32.14CN¥14.672
Feb ’24CN¥26.41
CN¥40.21
+52.2%
20.1%CN¥48.28CN¥32.14CN¥13.892
Jan ’24CN¥21.08
CN¥40.21
+90.7%
20.1%CN¥48.28CN¥32.14CN¥20.572

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

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