Zhejiang Sunriver Culture TourismLtd Valuation

Q: What is the Fair Price of 600576 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

600576 (CN¥5.94) is trading above our estimate of [[fair value]] (CN¥0.1)

Is 600576 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 600576 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600576 (CN¥5.94) is trading above our estimate of fair value (CN¥0.1)

Significantly Below Fair Value: 600576 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600576?

Key metric: As 600576 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600576. This is calculated by dividing 600576's market cap by their current earnings.
What is 600576's PE Ratio?
PE Ratio	48.2x
Earnings	CN¥130.07m
Market Cap	CN¥6.26b

600576 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	8.6x
Enterprise Value/EBITDA	23.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 600576's PE Ratio compare to its peers?

The above table shows the PE ratio for 600576 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	94.5x
300860 Funshine Culture GroupLtd	46.8x	30.0%	CN¥4.6b
600088 China Television Media	172.5x	n/a	CN¥6.8b
601595 Shanghai Film	110x	53.8%	CN¥12.1b
300251 Beijing Enlight Media	48.5x	37.5%	CN¥24.8b
600576 Zhejiang Sunriver Culture TourismLtd	48.2x	n/a	CN¥6.3b

Price-To-Earnings vs Peers: 600576 is good value based on its Price-To-Earnings Ratio (48.2x) compared to the peer average (94.5x).

Price to Earnings Ratio vs Industry

How does 600576's PE Ratio compare vs other companies in the CN Entertainment Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
600136 Wuhan Ddmc Culture&SportsLtd	0.8x	n/a	US$530.60m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 600576 is good value based on its Price-To-Earnings Ratio (48.2x) compared to the CN Entertainment industry average (49.1x).

Price to Earnings Ratio vs Fair Ratio

What is 600576'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.

600576 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	48.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 600576'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.

Discover undervalued companies

China South Publishing & Media Group

CN¥22.6b

Engages in publishing, printing, distribution, media, and financing businesses in China.

601098

CN¥12.56

-0.6%

6.7%

Xinhua Winshare Publishing and Media

HK$16.7b

Xinhua Winshare Publishing and Media Co., Ltd.

601811

HK$14.55

1.3%

5.5%

Central China Land MediaLTD

CN¥11.1b

Engages in the editing and publishing, printing and reproduction, marketing and distribution, and material supply of books, periodicals, newspapers, electronic audio-visual products, online publications, and other media products.

719

CN¥10.84

-3.5%

1.2%