Jiangyin Zhongnan Heavy Industries Co.,Ltd

XSEC:002445 Stock Report

Market Cap: CN¥5.7b

Jiangyin Zhongnan Heavy IndustriesLtd Valuation

Is 002445 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 002445 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002445 (CN¥2.38) is trading below our estimate of fair value (CN¥3.87)

Significantly Below Fair Value: 002445 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002445?

Key metric: As 002445 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002445. This is calculated by dividing 002445's market cap by their current revenue.
What is 002445's PS Ratio?
PS Ratio6.9x
SalesCN¥826.15m
Market CapCN¥5.69b

Price to Sales Ratio vs Peers

How does 002445's PS Ratio compare to its peers?

The above table shows the PS ratio for 002445 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.7x
601121 Xinjiang Baodi Mining
4.1xn/aCN¥5.2b
002392 Beijing Lier High-temperature MaterialsLtd
0.9x10.9%CN¥5.7b
002478 Jiangsu Changbao SteeltubeLtd
0.8x9.7%CN¥4.7b
000409 Yunding TechnologyLtd
5.3xn/aCN¥7.0b
002445 Jiangyin Zhongnan Heavy IndustriesLtd
6.9xn/aCN¥5.7b

Price-To-Sales vs Peers: 002445 is expensive based on its Price-To-Sales Ratio (6.9x) compared to the peer average (2.8x).

Price to Sales Ratio vs Industry

How does 002445's PS Ratio compare vs other companies in the CN Metals and Mining Industry?

25 CompaniesPrice / SalesEstimated GrowthMarket Cap
000630 Tongling Nonferrous Metals GroupLtd
0.3x12.9%US$5.81b
000932 Hunan Valin Steel
0.2x3.1%US$4.19b
000878 Yunnan CopperLtd
0.2x8.9%US$3.49b
000959 Beijing Shougang
0.2x-0.2%US$3.38b
002445 6.9xIndustry Avg. 1.4xNo. of Companies26PS01.22.43.64.86+
25 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 002445 is expensive based on its Price-To-Sales Ratio (6.9x) compared to the CN Metals and Mining industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is 002445'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.

002445 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002445'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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