Tongling Nonferrous Metals Group Co.,Ltd.

XSEC:000630 Stock Report

Market Cap: CN¥42.1b

Tongling Nonferrous Metals GroupLtd Valuation

Is 000630 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 000630 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000630 (CN¥3.29) is trading above our estimate of fair value (CN¥0.03)

Significantly Below Fair Value: 000630 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000630?

Key metric: As 000630 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000630. This is calculated by dividing 000630's market cap by their current earnings.
What is 000630's PE Ratio?
PE Ratio14.8x
EarningsCN¥2.85b
Market CapCN¥42.09b

Price to Earnings Ratio vs Peers

How does 000630's PE Ratio compare to its peers?

The above table shows the PE ratio for 000630 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.4x
000878 Yunnan CopperLtd
15.9x13.8%CN¥25.2b
002203 Zhe Jiang Hai Liang
18.1x23.4%CN¥18.6b
000737 North Copper
24.8xn/aCN¥16.0b
601609 Ningbo Jintian Copper (Group)
18.7x25.1%CN¥8.1b
000630 Tongling Nonferrous Metals GroupLtd
14.8x27.4%CN¥42.1b

Price-To-Earnings vs Peers: 000630 is good value based on its Price-To-Earnings Ratio (14.8x) compared to the peer average (19.4x).

Price to Earnings Ratio vs Industry

How does 000630's PE Ratio compare vs other companies in the CN Metals and Mining Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
600117 Xining Special Steel.Co.Ltd
3.4xn/aUS$1.15b
No more companies available in this PE range
000630 14.8xIndustry Avg. 27.6xNo. of Companies27PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 000630 is good value based on its Price-To-Earnings Ratio (14.8x) compared to the CN Metals and Mining industry average (27.6x).

Price to Earnings Ratio vs Fair Ratio

What is 000630'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.

000630 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.8x
Fair PE Ratio26.8x

Price-To-Earnings vs Fair Ratio: 000630 is good value based on its Price-To-Earnings Ratio (14.8x) compared to the estimated Fair Price-To-Earnings Ratio (26.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 000630 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥3.29
CN¥4.50
+36.8%
9.1%CN¥5.00CN¥4.00n/a3
Nov ’25CN¥3.52
CN¥4.50
+27.8%
9.1%CN¥5.00CN¥4.00n/a3
Oct ’25CN¥3.86
CN¥4.50
+16.6%
9.1%CN¥5.00CN¥4.00n/a3
Sep ’25CN¥3.11
CN¥4.75
+52.7%
5.3%CN¥5.00CN¥4.50n/a2
Aug ’25CN¥3.16
CN¥4.75
+50.3%
5.3%CN¥5.00CN¥4.50n/a2
Mar ’25CN¥3.26
CN¥4.03
+23.5%
0.6%CN¥4.05CN¥4.00n/a2
Feb ’25CN¥3.06
CN¥4.03
+31.5%
0.6%CN¥4.05CN¥4.00n/a2
Jan ’25CN¥3.28
CN¥4.08
+24.5%
2.1%CN¥4.20CN¥4.00n/a3
Dec ’24CN¥3.05
CN¥4.10
+34.4%
2.4%CN¥4.20CN¥4.00n/a2
Nov ’24CN¥3.09
CN¥4.10
+32.7%
2.4%CN¥4.20CN¥4.00CN¥3.522
Oct ’24CN¥3.19
CN¥4.10
+28.5%
2.4%CN¥4.20CN¥4.00CN¥3.862
Sep ’24CN¥3.33
CN¥3.83
+15.1%
10.1%CN¥4.20CN¥3.30CN¥3.113
Aug ’24CN¥3.31
CN¥3.83
+15.8%
10.1%CN¥4.20CN¥3.30CN¥3.163
Jul ’24CN¥2.89
CN¥3.83
+32.6%
10.1%CN¥4.20CN¥3.30CN¥3.693
Jun ’24CN¥2.92
CN¥3.65
+25.0%
9.6%CN¥4.00CN¥3.30CN¥3.962
May ’24CN¥3.29
CN¥3.45
+4.9%
15.9%CN¥4.00CN¥2.90CN¥4.042
Apr ’24CN¥3.22
CN¥3.45
+7.1%
15.9%CN¥4.00CN¥2.90CN¥3.972
Mar ’24CN¥3.45
CN¥3.45
0%
15.9%CN¥4.00CN¥2.90CN¥3.262
Feb ’24CN¥3.59
CN¥3.45
-3.9%
15.9%CN¥4.00CN¥2.90CN¥3.062
Jan ’24CN¥3.12
CN¥3.45
+10.6%
15.9%CN¥4.00CN¥2.90CN¥3.282
Dec ’23CN¥2.94
CN¥4.05
+37.8%
28.4%CN¥5.20CN¥2.90CN¥3.052
Nov ’23CN¥2.59
CN¥5.64
+117.6%
43.2%CN¥8.81CN¥2.90CN¥3.093

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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