Shandong Hi-tech Spring Material Technology Co., Ltd.

SZSE:301292 Stock Report

Market Cap: CN¥3.4b

Shandong Hi-tech Spring Material Technology Valuation

Is 301292 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-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 301292 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 301292's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 301292's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301292?

Key metric: As 301292 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 301292. This is calculated by dividing 301292's market cap by their current revenue.
What is 301292's PS Ratio?
PS Ratio1x
SalesCN¥3.40b
Market CapCN¥3.42b

Price to Sales Ratio vs Peers

How does 301292's PS Ratio compare to its peers?

The above table shows the PS ratio for 301292 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.8x
301100 Yingkou Fengguang Advanced MaterialLtd
3.8xn/aCN¥3.5b
688267 China Catalyst Holding
5.5x24.9%CN¥3.9b
002666 Guangdong Delian Group
0.7xn/aCN¥3.6b
688133 Shanghai Titan Scientific
1.3x12.2%CN¥3.7b
301292 Shandong Hi-tech Spring Material Technology
1x12.9%CN¥3.4b

Price-To-Sales vs Peers: 301292 is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (2.8x).

Price to Sales Ratio vs Industry

How does 301292's PS Ratio compare vs other companies in the CN Chemicals Industry?

24 CompaniesPrice / SalesEstimated GrowthMarket Cap
600346 Hengli PetrochemicalLtd
0.4x4.3%US$13.82b
002493 Rongsheng Petrochemical
0.3x8.5%US$12.72b
000301 Jiangsu Eastern ShenghongLtd
0.4x6.8%US$8.48b
601233 Tongkun Group
0.3x4.6%US$3.77b
301292 1.0xIndustry Avg. 2.4xNo. of Companies72PS0246810+
24 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 301292 is good value based on its Price-To-Sales Ratio (1x) compared to the CN Chemicals industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is 301292'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.

301292 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: 301292 is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

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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