Zhejiang XinNong ChemicalLtd Valuation

Q: What is the Fair Price of 002942 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002942 (CN¥14.24) is trading below our estimate of [[fair value]] (CN¥25.97)

Is 002942 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 002942 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002942 (CN¥14.24) is trading below our estimate of fair value (CN¥25.97)

Significantly Below Fair Value: 002942 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002942?

Key metric: As 002942 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002942. This is calculated by dividing 002942's market cap by their current earnings.
What is 002942's PE Ratio?
PE Ratio	83.5x
Earnings	CN¥26.91m
Market Cap	CN¥2.18b

002942 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	1.7x
Enterprise Value/EBITDA	27.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 002942's PE Ratio compare to its peers?

The above table shows the PE ratio for 002942 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	46.1x
300804 Yingde Greatchem Chemicals	54.2x	n/a	CN¥1.8b
605033 Shaanxi Meibang Pharmaceutical Group	55.9x	n/a	CN¥1.7b
002999 Guangdong Tianhe Agricultural Means of Production	42x	n/a	CN¥2.2b
002734 Limin GroupLtd	32.2x	43.2%	CN¥2.9b
002942 Zhejiang XinNong ChemicalLtd	81.1x	n/a	CN¥2.2b

Price-To-Earnings vs Peers: 002942 is expensive based on its Price-To-Earnings Ratio (81.1x) compared to the peer average (46.1x).

Price to Earnings Ratio vs Industry

How does 002942's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002942 is expensive based on its Price-To-Earnings Ratio (81.1x) compared to the CN Chemicals industry average (35.2x).

Price to Earnings Ratio vs Fair Ratio

What is 002942'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.

002942 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	83.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 002942's Price-To-Earnings Fair Ratio for valuation analysis.

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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