Zhejiang Zhongxin Fluoride MaterialsLtd Valuation

Is 002915 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 002915 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002915 (CN¥12) is trading above our estimate of fair value (CN¥2.77)

Significantly Below Fair Value: 002915 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002915?

Key metric: As 002915 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002915. This is calculated by dividing 002915's market cap by their current revenue.
What is 002915's PS Ratio?
PS Ratio	2.7x
Sales	CN¥1.45b
Market Cap	CN¥3.91b

002915 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	3.5x
Enterprise Value/EBITDA	34.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 002915's PS Ratio compare to its peers?

The above table shows the PS ratio for 002915 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	3x
300798 JiangSu Jinji IndustrialLtd	3.6x	n/a	CN¥3.4b
603601 Chongqing Zaisheng Technology	2.4x	18.4%	CN¥3.5b
300225 Shanghai Kinlita Chemical	4.6x	n/a	CN¥3.3b
300340 Jiangmen Kanhoo Industry	1.6x	n/a	CN¥3.6b
002915 Zhejiang Zhongxin Fluoride MaterialsLtd	2.7x	30.8%	CN¥3.9b

Price-To-Sales vs Peers: 002915 is good value based on its Price-To-Sales Ratio (2.7x) compared to the peer average (3x).

Price to Sales Ratio vs Industry

How does 002915's PS Ratio compare vs other companies in the CN Chemicals Industry?

16 Companies	Price / Sales	Estimated Growth	Market Cap
002493 Rongsheng Petrochemical	0.3x	9.3%	US$12.47b
000301 Jiangsu Eastern ShenghongLtd	0.4x	6.8%	US$8.00b
601233 Tongkun Group	0.3x	4.6%	US$3.80b
000703 Hengyi Petrochemical	0.2x	5.1%	US$2.87b

16 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 002915 is expensive based on its Price-To-Sales Ratio (2.7x) compared to the CN Chemicals industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is 002915'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.

002915 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.7x
Fair PS Ratio	1.9x

Price-To-Sales vs Fair Ratio: 002915 is expensive based on its Price-To-Sales Ratio (2.7x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).

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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