Shandong Chenming Paper Holdings Valuation
Is 000488 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 000488 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 000488 (CN¥3.16) is trading above our estimate of fair value (CN¥2.41)
Significantly Below Fair Value: 000488 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 000488?
Key metric: As 000488 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 000488's PS Ratio? | |
|---|---|
| PS Ratio | 0.3x |
| Sales | CN¥26.71b |
| Market Cap | CN¥6.48b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.5x |
| Enterprise Value/EBITDA | 15.7x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 000488's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.6x | ||
600308 Shandong Huatai Paper Industry ShareholdingLtd | 0.4x | n/a | CN¥5.6b |
600966 Shandong Bohui Paper IndustryLtd | 0.4x | 10.1% | CN¥7.1b |
600433 Guangdong Guanhao High-Tech | 0.8x | 15.0% | CN¥5.7b |
000815 MCC Meili Cloud Computing Industry Investment | 8.7x | n/a | CN¥9.1b |
000488 Shandong Chenming Paper Holdings | 0.3x | 7.6% | CN¥6.5b |
Price-To-Sales vs Peers: 000488 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (2.6x).
Price to Sales Ratio vs Industry
How does 000488's PS Ratio compare vs other companies in the CN Forestry Industry?
| 5 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| Industry Avg. | 1.5x | 12.2% | |
000488 Shandong Chenming Paper Holdings | 0.3x | 7.6% | US$894.21m |
600567 Shanying International HoldingsLtd | 0.3x | 12.3% | US$1.38b |
600966 Shandong Bohui Paper IndustryLtd | 0.4x | 10.1% | US$980.95m |
| 5 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
| Industry Avg. | 1.5x | 33.3% | |
000488 Shandong Chenming Paper Holdings | 0.3x | 106.1% | US$894.21m |
Price-To-Sales vs Industry: 000488 is good value based on its Price-To-Sales Ratio (0.3x) compared to the CN Forestry industry average (1.5x).
Price to Sales Ratio vs Fair Ratio
What is 000488'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.3x |
| Fair PS Ratio | 0.8x |
Price-To-Sales vs Fair Ratio: 000488 is good value based on its Price-To-Sales Ratio (0.3x) 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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