Xinxiang Chemical Fiber Valuation

Q: What is the Fair Price of 000949 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

000949 (CN¥4.34) is trading below our estimate of [[fair value]] (CN¥10.4)

Is 000949 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 000949 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000949 (CN¥4.34) is trading below our estimate of fair value (CN¥10.4)

Significantly Below Fair Value: 000949 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000949?

Key metric: As 000949 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000949. This is calculated by dividing 000949's market cap by their current earnings.
What is 000949's PE Ratio?
PE Ratio	53.9x
Earnings	CN¥133.38m
Market Cap	CN¥7.19b

000949 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	1.4x
Enterprise Value/EBITDA	9x
PEG Ratio	1.1x

Price to Earnings Ratio vs Peers

How does 000949's PE Ratio compare to its peers?

The above table shows the PE ratio for 000949 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	68.7x
600955 Lihuayi Weiyuan Chemical	82.4x	n/a	CN¥8.1b
601678 Befar GroupLtd	27.5x	47.9%	CN¥8.0b
600810 Shenma IndustryLtd	98x	72.0%	CN¥7.8b
600063 Anhui Wanwei Updated High-Tech Material IndustryLtd	66.8x	58.9%	CN¥9.1b
000949 Xinxiang Chemical Fiber	53.9x	49.9%	CN¥7.2b

Price-To-Earnings vs Peers: 000949 is good value based on its Price-To-Earnings Ratio (53.9x) compared to the peer average (68.7x).

Price to Earnings Ratio vs Industry

How does 000949'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: 000949 is expensive based on its Price-To-Earnings Ratio (53.9x) compared to the CN Chemicals industry average (35.2x).

Price to Earnings Ratio vs Fair Ratio

What is 000949'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.

000949 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	53.9x
Fair PE Ratio	38.7x

Price-To-Earnings vs Fair Ratio: 000949 is expensive based on its Price-To-Earnings Ratio (53.9x) compared to the estimated Fair Price-To-Earnings Ratio (38.7x).

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.

Discover undervalued companies

Chifeng Jilong Gold MiningLtd

CN¥28.4b

Operates as a gold and non-ferrous metal mining company.

600988

CN¥17.24

1.9%

26.5%

ValiantLtd

CN¥9.8b

Produces and sells chemical materials worldwide.

2643

CN¥10.50

-0.2%

-34.6%

Yunnan Yuntianhua

CN¥40.4b

Engages in the phosphate ore mining, chemical fertilizers, engineering materials, agriculture, and trade and logistics businesses in China.

600096

CN¥22.17

0.7%

39.6%