Guangdong Dowstone Technology Valuation

Q: What is the Fair Price of 300409 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300409 (CN¥16.82) is trading above our estimate of [[fair value]] (CN¥5.9)

Is 300409 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-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 300409 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300409 (CN¥16.82) is trading above our estimate of fair value (CN¥5.9)

Significantly Below Fair Value: 300409 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300409?

Key metric: As 300409 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300409. This is calculated by dividing 300409's market cap by their current earnings.
What is 300409's PE Ratio?
PE Ratio	68.3x
Earnings	CN¥146.75m
Market Cap	CN¥10.03b

300409 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	17.3x
PEG Ratio	1.1x

Price to Earnings Ratio vs Peers

How does 300409's PE Ratio compare to its peers?

The above table shows the PE ratio for 300409 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	70.2x
301565 Sinolong New Materials	55x	n/a	CN¥8.7b
300398 PhiChem	85.8x	38.1%	CN¥9.3b
688690 Suzhou Nanomicro Technology	119.2x	n/a	CN¥8.5b
002643 ValiantLtd	20.8x	24.2%	CN¥10.1b
300409 Guangdong Dowstone Technology	68.3x	60.5%	CN¥10.0b

Price-To-Earnings vs Peers: 300409 is good value based on its Price-To-Earnings Ratio (68.3x) compared to the peer average (70.2x).

Price to Earnings Ratio vs Industry

How does 300409'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: 300409 is expensive based on its Price-To-Earnings Ratio (68.3x) compared to the CN Chemicals industry average (36.3x).

Price to Earnings Ratio vs Fair Ratio

What is 300409'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.

300409 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	68.3x
Fair PE Ratio	49.6x

Price-To-Earnings vs Fair Ratio: 300409 is expensive based on its Price-To-Earnings Ratio (68.3x) compared to the estimated Fair Price-To-Earnings Ratio (49.6x).

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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