Zhejiang Oceanking Development Co., Ltd.

XSSC:603213 Stock Report

Market Cap: CN¥4.5b

Zhejiang Oceanking Development Valuation

Is 603213 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-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 603213 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603213 (CN¥10.38) is trading above our estimate of fair value (CN¥5.21)

Significantly Below Fair Value: 603213 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603213?

Key metric: As 603213 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603213. This is calculated by dividing 603213's market cap by their current earnings.
What is 603213's PE Ratio?
PE Ratio18.5x
EarningsCN¥243.56m
Market CapCN¥4.51b

Price to Earnings Ratio vs Peers

How does 603213's PE Ratio compare to its peers?

The above table shows the PE ratio for 603213 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.2x
601113 Yiwu Huading NylonLtd
13.8xn/aCN¥4.4b
002810 Shandong Head GroupLtd
24.9x34.5%CN¥4.7b
603867 Zhejiang Xinhua ChemicalLtd
20.8x32.5%CN¥4.7b
603938 Tangshan Sunfar Silicon IndustriesLtd
65.5xn/aCN¥4.7b
603213 Zhejiang Oceanking Development
18.5xn/aCN¥4.5b

Price-To-Earnings vs Peers: 603213 is good value based on its Price-To-Earnings Ratio (18.5x) compared to the peer average (31.2x).

Price to Earnings Ratio vs Industry

How does 603213's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
603213 18.5xIndustry Avg. 36.9xNo. of Companies37PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603213 is good value based on its Price-To-Earnings Ratio (18.5x) compared to the CN Chemicals industry average (36.9x).

Price to Earnings Ratio vs Fair Ratio

What is 603213'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.

603213 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603213's Price-To-Earnings 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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