Aluminum Corporation of China Limited

XSSC:601600 Stock Report

Market Cap: CN¥123.2b

Aluminum Corporation of China Valuation

Is 601600 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 601600 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601600 (CN¥7.94) is trading below our estimate of fair value (CN¥38.98)

Significantly Below Fair Value: 601600 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601600?

Key metric: As 601600 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601600. This is calculated by dividing 601600's market cap by their current earnings.
What is 601600's PE Ratio?
PE Ratio7.7x
EarningsCN¥10.32b
Market CapCN¥123.17b

Price to Earnings Ratio vs Peers

How does 601600's PE Ratio compare to its peers?

The above table shows the PE ratio for 601600 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.2x
600219 Shandong Nanshan AluminiumLtd
10.1x2.4%CN¥48.1b
000807 Yunnan Aluminium
9.2x8.5%CN¥48.1b
002532 Tianshan Aluminum GroupLtd
10.8x12.0%CN¥38.6b
600673 Guangdong HEC Technology Holding
102.5x54.5%CN¥24.6b
601600 Aluminum Corporation of China
7.6x7.0%CN¥130.7b

Price-To-Earnings vs Peers: 601600 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (33.2x).

Price to Earnings Ratio vs Industry

How does 601600'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
3.5xn/aUS$1.20b
No more companies available in this PE range
601600 7.7xIndustry Avg. 28.0xNo. of Companies24PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601600 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the CN Metals and Mining industry average (28x).

Price to Earnings Ratio vs Fair Ratio

What is 601600'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.

601600 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.7x
Fair PE Ratio21.3x

Price-To-Earnings vs Fair Ratio: 601600 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the estimated Fair Price-To-Earnings Ratio (21.3x).

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

MeiHua Holdings GroupLtd

CN¥28.9b

A synthetic biology company, provides amino acid nutrition and health solutions in China and internationally.

600873

CN¥10.13

7D

0%

1Y

8.9%

ValiantLtd

CN¥9.8b

Produces and sells chemical materials worldwide.

2643

CN¥10.52

7D

-10.2%

1Y

-38.4%

Western MiningLtd

CN¥40.5b

Engages in the mining, smelting, and trading of metals in Mainland China and internationally.

601168

CN¥17.47

7D

-2.3%

1Y

36.2%