Zhejiang Great SoutheastLtd Valuation

Q: What is the Fair Price of 002263 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002263 (CN¥2.81) is trading below our estimate of [[fair value]] (CN¥15.98)

Is 002263 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 002263 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002263 (CN¥2.81) is trading below our estimate of fair value (CN¥15.98)

Significantly Below Fair Value: 002263 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002263?

Key metric: As 002263 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002263. This is calculated by dividing 002263's market cap by their current revenue.
What is 002263's PS Ratio?
PS Ratio	4x
Sales	CN¥1.32b
Market Cap	CN¥5.28b

002263 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	3.2x
Enterprise Value/EBITDA	54.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 002263's PS Ratio compare to its peers?

The above table shows the PS ratio for 002263 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.9x
301062 Shanghai Ailu Package	4.2x	26.0%	CN¥5.0b
002067 Zhejiang Jingxing Paper	0.8x	n/a	CN¥4.2b
002191 Shenzhen Jinjia GroupLtd	2x	-3.0%	CN¥6.3b
300057 Shantou Wanshun New Material Group	0.8x	n/a	CN¥5.0b
002263 Zhejiang Great SoutheastLtd	4x	n/a	CN¥5.3b

Price-To-Sales vs Peers: 002263 is expensive based on its Price-To-Sales Ratio (4x) compared to the peer average (1.9x).

Price to Sales Ratio vs Industry

How does 002263's PS Ratio compare vs other companies in the CN Packaging Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
002228 Xiamen Hexing Packaging Printing	0.3x	6.6%	US$484.44m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 002263 is expensive based on its Price-To-Sales Ratio (4x) compared to the CN Packaging industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is 002263'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.

002263 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002263's Price-To-Sales Fair Ratio for valuation analysis.

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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