Beijing Gehua Catv Network Co.,Ltd.

XSSC:600037 Stock Report

Market Cap: CN¥10.4b

Beijing Gehua Catv NetworkLtd Valuation

Is 600037 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 600037 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600037 (CN¥7.48) is trading above our estimate of fair value (CN¥0.1)

Significantly Below Fair Value: 600037 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600037?

Key metric: As 600037 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 600037. This is calculated by dividing 600037's market cap by their current revenue.
What is 600037's PS Ratio?
PS Ratio4.4x
SalesCN¥2.37b
Market CapCN¥10.41b

Price to Sales Ratio vs Peers

How does 600037's PS Ratio compare to its peers?

The above table shows the PS ratio for 600037 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.9x
002238 Shenzhen Topway Video Communication
5.5xn/aCN¥7.9b
000839 CITIC Guoan Information Industry
4.1xn/aCN¥13.8b
600996 Guizhou BC&TV Information NetworkLTD
8.3xn/aCN¥11.7b
000156 Wasu Media HoldingLtd
1.6xn/aCN¥14.8b
600037 Beijing Gehua Catv NetworkLtd
4.4x7.7%CN¥10.4b

Price-To-Sales vs Peers: 600037 is good value based on its Price-To-Sales Ratio (4.4x) compared to the peer average (4.9x).


Price to Sales Ratio vs Industry

How does 600037's PS Ratio compare vs other companies in the CN Media Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
300058 BlueFocus Intelligent Communications Group
0.4x11.8%US$3.62b
002115 Sunwave CommunicationsLtd
0.5xn/aUS$746.21m
002712 Simei MediaLtd
0.6xn/aUS$462.65m
000038 Shenzhen Capstone IndustrialLtd
0.1xn/aUS$37.89m
No more companies available in this PS range
600037 4.4xIndustry Avg. 3.3xNo. of Companies12PS02.44.87.29.612+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 600037 is expensive based on its Price-To-Sales Ratio (4.4x) compared to the CN Media industry average (3.3x).


Price to Sales Ratio vs Fair Ratio

What is 600037'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.

600037 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.4x
Fair PS Ratio2x

Price-To-Sales vs Fair Ratio: 600037 is expensive based on its Price-To-Sales Ratio (4.4x) compared to the estimated Fair Price-To-Sales Ratio (2x).


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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