Beijing Shougang Valuation
Is 000959 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 000959 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 000959 (CN¥3.23) is trading above our estimate of fair value (CN¥0.38)
Significantly Below Fair Value: 000959 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 000959?
Key metric: As 000959 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 000959's PS Ratio? | |
|---|---|
| PS Ratio | 0.2x |
| Sales | CN¥110.71b |
| Market Cap | CN¥25.11b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | 7x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 000959's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.9x | ||
600282 Nanjing Iron & Steel | 0.4x | 8.4% | CN¥26.2b |
000709 HBIS | 0.2x | 6.3% | CN¥23.2b |
000723 Shanxi Meijin EnergyLtd | 1x | 11.8% | CN¥21.1b |
000629 Pangang Group Vanadium & Titanium Resources | 2x | 7.5% | CN¥27.3b |
000959 Beijing Shougang | 0.2x | -0.2% | CN¥25.1b |
Price-To-Sales vs Peers: 000959 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.9x).
Price to Sales Ratio vs Industry
How does 000959's PS Ratio compare vs other companies in the CN Metals and Mining Industry?
| 25 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| Industry Avg. | 1.4x | 9.9% | |
000959 Beijing Shougang | 0.2x | -0.2% | US$3.47b |
000932 Hunan Valin Steel | 0.2x | 3.2% | US$4.33b |
000878 Yunnan CopperLtd | 0.2x | 4.9% | US$3.61b |
| 25 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
| Industry Avg. | 1.4x | 29.7% | |
000959 Beijing Shougang | 0.2x | 53.6% | US$3.47b |
Price-To-Sales vs Industry: 000959 is good value based on its Price-To-Sales Ratio (0.2x) compared to the CN Metals and Mining industry average (1.4x).
Price to Sales Ratio vs Fair Ratio
What is 000959'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 | 0.2x |
| Fair PS Ratio | 0.6x |
Price-To-Sales vs Fair Ratio: 000959 is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).
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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