Henan Mingtai Al.Industrial Co.,Ltd.

XSSC:601677 Stock Report

Market Cap: CN¥15.1b

Henan Mingtai Al.IndustrialLtd Valuation

Is 601677 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 601677 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601677 (CN¥12.18) is trading above our estimate of fair value (CN¥4.68)

Significantly Below Fair Value: 601677 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601677?

Key metric: As 601677 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601677. This is calculated by dividing 601677's market cap by their current earnings.
What is 601677's PE Ratio?
PE Ratio10.5x
EarningsCN¥1.44b
Market CapCN¥15.15b

Price to Earnings Ratio vs Peers

How does 601677's PE Ratio compare to its peers?

The above table shows the PE ratio for 601677 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.8x
601702 Shanghai Huafon Aluminium
14.3x19.1%CN¥15.8b
300337 Yinbang Clad MaterialLtd
109.7xn/aCN¥11.5b
600595 Henan Zhongfu IndustrialLtd
10.8x24.4%CN¥11.7b
300428 Lizhong Sitong Light Alloys Group
16.4x21.8%CN¥11.2b
601677 Henan Mingtai Al.IndustrialLtd
10.5x12.7%CN¥15.1b

Price-To-Earnings vs Peers: 601677 is good value based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (37.8x).

Price to Earnings Ratio vs Industry

How does 601677'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
3.4xn/aUS$1.15b
No more companies available in this PE range
601677 10.5xIndustry Avg. 27.6xNo. of Companies27PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601677 is good value based on its Price-To-Earnings Ratio (10.5x) compared to the CN Metals and Mining industry average (27.7x).

Price to Earnings Ratio vs Fair Ratio

What is 601677'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.

601677 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.5x
Fair PE Ratio18.4x

Price-To-Earnings vs Fair Ratio: 601677 is good value based on its Price-To-Earnings Ratio (10.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.4x).

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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