Zhejiang Daily Digital Culture GroupLtd Valuation

Is 600633 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 600633 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600633 (CN¥10.94) is trading below our estimate of fair value (CN¥15.75)

Significantly Below Fair Value: 600633 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600633?

Key metric: As 600633 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600633. This is calculated by dividing 600633's market cap by their current earnings.
What is 600633's PE Ratio?
PE Ratio	31.1x
Earnings	CN¥445.86m
Market Cap	CN¥13.85b

600633 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	4.6x
Enterprise Value/EBITDA	16.2x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

How does 600633's PE Ratio compare to its peers?

The above table shows the PE ratio for 600633 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	47.1x
603444 G-bits Network Technology (Xiamen)	15.9x	16.5%	CN¥14.7b
300315 Ourpalm	86.3x	34.4%	CN¥17.9b
300113 Hangzhou Shunwang Technology CoLtd	47.9x	15.5%	CN¥10.8b
300031 Wuxi Boton Technology	38.2x	25.1%	CN¥9.2b
600633 Zhejiang Daily Digital Culture GroupLtd	31.1x	21.4%	CN¥13.8b

Price-To-Earnings vs Peers: 600633 is good value based on its Price-To-Earnings Ratio (31.1x) compared to the peer average (47.1x).

Price to Earnings Ratio vs Industry

How does 600633'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	0.9x	n/a	US$597.66m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 600633 is good value based on its Price-To-Earnings Ratio (31.1x) compared to the CN Entertainment industry average (48.5x).

Price to Earnings Ratio vs Fair Ratio

What is 600633'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.

600633 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	31.1x
Fair PE Ratio	27.9x

Price-To-Earnings vs Fair Ratio: 600633 is expensive based on its Price-To-Earnings Ratio (31.1x) compared to the estimated Fair Price-To-Earnings Ratio (27.9x).

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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