China Fortune Land Development Co., Ltd.

SHSE:600340 Stock Report

Market Cap: CN¥11.3b

China Fortune Land Development Valuation

Is 600340 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 600340 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 600340's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 600340's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600340?

Key metric: As 600340 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 600340. This is calculated by dividing 600340's market cap by their current revenue.
What is 600340's PS Ratio?
PS Ratio0.4x
SalesCN¥32.03b
Market CapCN¥11.33b

Price to Sales Ratio vs Peers

How does 600340's PS Ratio compare to its peers?

The above table shows the PS ratio for 600340 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10.4x
600773 Tibet Urban Development and InvestmentLTD
10.3xn/aCN¥12.0b
002077 Jiangsu Dagang
24.3xn/aCN¥9.1b
600185 Gree Real EstateLtd
3.2xn/aCN¥14.4b
600639 Shanghai Jinqiao Export Processing Zone DevelopmentLtd
3.9xn/aCN¥11.2b
600340 China Fortune Land Development
0.4xn/aCN¥11.3b

Price-To-Sales vs Peers: 600340 is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (10.4x).


Price to Sales Ratio vs Industry

How does 600340's PS Ratio compare vs other companies in the CN Real Estate Industry?

32 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.4x1.1%
600340 China Fortune Land Development
0.4xn/aUS$1.56b
600048 Poly Developments and Holdings Group
0.4x-2.4%US$16.38b
000002 China Vanke
0.3x-11.1%US$13.03b
600340 0.4xIndustry Avg. 2.4xNo. of Companies32PS0246810+
32 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.4x38.9%
600340 China Fortune Land Development
0.4xn/aUS$1.56b
No more companies

Price-To-Sales vs Industry: 600340 is good value based on its Price-To-Sales Ratio (0.4x) compared to the CN Real Estate industry average (2.4x).


Price to Sales Ratio vs Fair Ratio

What is 600340'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.

600340 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 600340's Price-To-Sales 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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