Shanghai HIUV New MaterialsLtd Valuation

Q: What is the Fair Price of 688680 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

688680 (CN¥39.82) is trading below our estimate of [[fair value]] (CN¥739.83)

Is 688680 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-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 688680 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688680 (CN¥39.82) is trading below our estimate of fair value (CN¥739.83)

Significantly Below Fair Value: 688680 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688680?

Key metric: As 688680 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688680. This is calculated by dividing 688680's market cap by their current revenue.
What is 688680's PS Ratio?
PS Ratio	1.1x
Sales	CN¥2.98b
Market Cap	CN¥3.30b

688680 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	1.5x
Enterprise Value/EBITDA	-12.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 688680's PS Ratio compare to its peers?

The above table shows the PS ratio for 688680 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	4x
001378 Guangdong Decro Film New Materials	2.2x	n/a	CN¥3.3b
603330 Tianyang New Materials (Shanghai) Technology	2.4x	27.4%	CN¥3.2b
301020 Yantai Ishikawa Sealing Technology	5.3x	n/a	CN¥2.8b
301092 Zhejiang Zhengguang Industrial	5.9x	n/a	CN¥3.3b
688680 Shanghai HIUV New MaterialsLtd	1.1x	33.6%	CN¥3.3b

Price-To-Sales vs Peers: 688680 is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (4x).

Price to Sales Ratio vs Industry

How does 688680's PS Ratio compare vs other companies in the CN Chemicals Industry?

24 Companies	Price / Sales	Estimated Growth	Market Cap
600346 Hengli PetrochemicalLtd	0.4x	4.3%	US$13.80b
002493 Rongsheng Petrochemical	0.3x	8.5%	US$12.60b
000301 Jiangsu Eastern ShenghongLtd	0.4x	6.8%	US$8.54b
601233 Tongkun Group	0.3x	4.6%	US$3.76b

24 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 688680 is good value based on its Price-To-Sales Ratio (1.1x) compared to the CN Chemicals industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is 688680'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.

688680 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.1x
Fair PS Ratio	1.3x

Price-To-Sales vs Fair Ratio: 688680 is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).

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

Wanhua Chemical Group

CN¥232.1b

Provides polyurethane, petrochemical, and performance chemicals and materials worldwide.

600309

CN¥73.91

-3.6%

-8.4%

MeiHua Holdings GroupLtd

CN¥28.7b

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

600873

CN¥10.06

-6.3%

5.3%

Western MiningLtd

CN¥39.7b

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

601168

CN¥16.65

-5.1%

29.9%