Zhejiang Century Huatong Group Co.,Ltd

SZSE:002602 Stock Report

Market Cap: CN¥31.4b

Zhejiang Century Huatong GroupLtd Valuation

Is 002602 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 002602 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002602 (CN¥4.27) is trading below our estimate of fair value (CN¥15.27)

Significantly Below Fair Value: 002602 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002602?

Key metric: As 002602 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002602. This is calculated by dividing 002602's market cap by their current earnings.
What is 002602's PE Ratio?
PE Ratio35x
EarningsCN¥898.01m
Market CapCN¥31.40b

Price to Earnings Ratio vs Peers

How does 002602's PE Ratio compare to its peers?

The above table shows the PE ratio for 002602 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.2x
002555 37 Interactive Entertainment Network Technology Group
15x14.8%CN¥35.4b
002558 Giant Network Group
21.5x23.2%CN¥23.1b
002517 Kingnet Network
16.8x18.2%CN¥27.9b
603444 G-bits Network Technology (Xiamen)
15.4x16.5%CN¥14.2b
002602 Zhejiang Century Huatong GroupLtd
35x47.1%CN¥31.4b

Price-To-Earnings vs Peers: 002602 is expensive based on its Price-To-Earnings Ratio (35x) compared to the peer average (17.2x).

Price to Earnings Ratio vs Industry

How does 002602's PE Ratio compare vs other companies in the CN Entertainment Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
600136 Wuhan Ddmc Culture&SportsLtd
0.8xn/aUS$557.70m
No more companies available in this PE range
002602 35.0xIndustry Avg. 48.2xNo. of Companies3PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002602 is good value based on its Price-To-Earnings Ratio (35x) compared to the CN Entertainment industry average (48.2x).

Price to Earnings Ratio vs Fair Ratio

What is 002602'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.

002602 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35x
Fair PE Ratio44.3x

Price-To-Earnings vs Fair Ratio: 002602 is good value based on its Price-To-Earnings Ratio (35x) compared to the estimated Fair Price-To-Earnings Ratio (44.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 002602 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥4.27
CN¥6.22
+45.7%
12.5%CN¥7.00CN¥5.44n/a2
Nov ’25CN¥4.76
CN¥6.22
+30.7%
12.5%CN¥7.00CN¥5.44n/a2
Oct ’25CN¥4.17
CN¥5.97
+43.2%
8.9%CN¥6.50CN¥5.44n/a2
Sep ’25CN¥3.27
CN¥6.23
+90.4%
4.4%CN¥6.50CN¥5.95n/a2
Aug ’25CN¥3.27
CN¥6.23
+90.4%
4.4%CN¥6.50CN¥5.95n/a2
Jul ’25CN¥3.44
CN¥6.23
+81.0%
4.4%CN¥6.50CN¥5.95n/a2
Jun ’25CN¥4.01
CN¥6.23
+55.2%
4.4%CN¥6.50CN¥5.95n/a2
May ’25CN¥4.68
CN¥7.78
+66.1%
12.5%CN¥8.75CN¥6.80n/a2
Apr ’25CN¥4.86
CN¥7.78
+60.0%
12.5%CN¥8.75CN¥6.80n/a2
Mar ’25CN¥4.96
CN¥7.78
+56.8%
12.5%CN¥8.75CN¥6.80n/a2
Feb ’25CN¥4.30
CN¥7.78
+80.8%
12.5%CN¥8.75CN¥6.80n/a2
Jan ’25CN¥5.16
CN¥7.78
+50.7%
12.5%CN¥8.75CN¥6.80n/a2
Dec ’24CN¥5.77
CN¥6.52
+12.9%
29.9%CN¥8.75CN¥4.00n/a3
Nov ’24CN¥5.76
CN¥6.08
+5.6%
32.6%CN¥8.75CN¥4.00CN¥4.763
Oct ’24CN¥4.83
CN¥6.08
+25.9%
32.6%CN¥8.75CN¥4.00CN¥4.173
Sep ’24CN¥5.36
CN¥6.53
+21.8%
39.7%CN¥10.09CN¥4.00CN¥3.273
Aug ’24CN¥5.36
CN¥6.53
+21.8%
39.7%CN¥10.09CN¥4.00CN¥3.273
Jul ’24CN¥7.59
CN¥4.75
-37.4%
15.8%CN¥5.50CN¥4.00CN¥3.442
Jun ’24CN¥6.84
CN¥4.75
-30.6%
15.8%CN¥5.50CN¥4.00CN¥4.012
May ’24CN¥6.85
CN¥5.00
-27.0%
20.0%CN¥6.00CN¥4.00CN¥4.682
Apr ’24CN¥6.02
CN¥5.00
-16.9%
20.0%CN¥6.00CN¥4.00CN¥4.862
Mar ’24CN¥4.50
CN¥5.00
+11.1%
20.0%CN¥6.00CN¥4.00CN¥4.962
Feb ’24CN¥4.11
CN¥5.00
+21.7%
20.0%CN¥6.00CN¥4.00CN¥4.302
Jan ’24CN¥3.81
CN¥5.25
+37.8%
14.3%CN¥6.00CN¥4.50CN¥5.162
Dec ’23CN¥4.02
CN¥5.25
+30.6%
14.3%CN¥6.00CN¥4.50CN¥5.772
Nov ’23CN¥3.74
CN¥6.38
+70.6%
26.8%CN¥8.64CN¥4.50CN¥5.763

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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