Qingdao Citymedia Co Valuation

Q: What is the Fair Price of 600229 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

600229 (CN¥7.33) is trading below our estimate of [[fair value]] (CN¥7.72)

Is 600229 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 600229 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600229 (CN¥7.33) is trading below our estimate of fair value (CN¥7.72)

Significantly Below Fair Value: 600229 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600229?

Key metric: As 600229 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600229. This is calculated by dividing 600229's market cap by their current earnings.
What is 600229's PE Ratio?
PE Ratio	17.1x
Earnings	CN¥283.92m
Market Cap	CN¥4.84b

600229 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	1.4x
Enterprise Value/EBITDA	14.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 600229's PE Ratio compare to its peers?

The above table shows the PE ratio for 600229 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	49.4x
300654 Astro-century Education&TechnologyLtd	104.3x	n/a	CN¥4.4b
600551 Time Publishing and Media	10.4x	n/a	CN¥5.7b
603999 DuZhe Publish&MediaLtd	34.2x	n/a	CN¥3.4b
300788 Citic Press	48.7x	25.8%	CN¥5.9b
600229 Qingdao Citymedia Co	17.1x	n/a	CN¥4.8b

Price-To-Earnings vs Peers: 600229 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the peer average (49.4x).

Price to Earnings Ratio vs Industry

How does 600229's PE Ratio compare vs other companies in the CN Media Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 600229 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the CN Media industry average (49.7x).

Price to Earnings Ratio vs Fair Ratio

What is 600229'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.

600229 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	17.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 600229'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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