Ningbo Menovo Pharmaceutical Valuation

Is 603538 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 603538 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603538 (CN¥13.6) is trading above our estimate of fair value (CN¥0.5)

Significantly Below Fair Value: 603538 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603538?

Key metric: As 603538 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603538. This is calculated by dividing 603538's market cap by their current earnings.
What is 603538's PE Ratio?
PE Ratio	146.6x
Earnings	CN¥20.30m
Market Cap	CN¥2.92b

603538 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	2.9x
Enterprise Value/EBITDA	22.1x
PEG Ratio	2.5x

Price to Earnings Ratio vs Peers

How does 603538's PE Ratio compare to its peers?

The above table shows the PE ratio for 603538 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	97.4x
002107 Shandong Wohua Pharmaceutical	119.6x	n/a	CN¥2.9b
301111 Guangdong Lifestrong Pharmacy	182.9x	n/a	CN¥3.2b
300584 Nanjing Hicin Pharmaceutical	63.5x	n/a	CN¥2.7b
001367 Zhejiang Haisen Pharmaceutical	23.6x	n/a	CN¥2.8b
603538 Ningbo Menovo Pharmaceutical	146.6x	59.0%	CN¥2.9b

Price-To-Earnings vs Peers: 603538 is expensive based on its Price-To-Earnings Ratio (146.6x) compared to the peer average (97.4x).

Price to Earnings Ratio vs Industry

How does 603538's PE Ratio compare vs other companies in the CN Pharmaceuticals 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: 603538 is expensive based on its Price-To-Earnings Ratio (146.6x) compared to the CN Pharmaceuticals industry average (30.8x).

Price to Earnings Ratio vs Fair Ratio

What is 603538'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.

603538 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	146.6x
Fair PE Ratio	42.1x

Price-To-Earnings vs Fair Ratio: 603538 is expensive based on its Price-To-Earnings Ratio (146.6x) compared to the estimated Fair Price-To-Earnings Ratio (42.1x).

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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