Gemdale Valuation

Is 600383 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-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 600383 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600383 (CN¥4.03) is trading above our estimate of fair value (CN¥0.9)

Significantly Below Fair Value: 600383 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600383?

Other financial metrics that can be useful for relative valuation.

600383 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/Revenue1.4x
Enterprise Value/EBITDA24.1x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does 600383's PE Ratio compare to its peers?

The above table shows the PE ratio for 600383 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.2x
600325 Zhuhai Huafa PropertiesLtd
7.7x14.2%CN¥20.0b
600848 Shanghai Lingang HoldingsLtd
24.9x19.5%CN¥24.7b
002244 Hangzhou Binjiang Real Estate GroupLtd
5.2x12.9%CN¥21.6b
600641 Shanghai Wanye EnterprisesLtd
23.2x-3.3%CN¥12.4b
600383 Gemdale
20.5x49.2%CN¥18.2b

Price-To-Earnings vs Peers: 600383 is expensive based on its Price-To-Earnings Ratio (20.5x) compared to the peer average (15.2x).


Price to Earnings Ratio vs Industry

How does 600383's PE Ratio compare vs other companies in the CN Real Estate Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a28.7%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a28.7%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 600383 is expensive based on its Price-To-Earnings Ratio (20.5x) compared to the CN Real Estate industry average (20.1x).


Price to Earnings Ratio vs Fair Ratio

What is 600383'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.

600383 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.5x
Fair PE Ratio27.4x

Price-To-Earnings vs Fair Ratio: 600383 is good value based on its Price-To-Earnings Ratio (20.5x) compared to the estimated Fair Price-To-Earnings Ratio (27.4x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 600383 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥4.03
CN¥4.01
-0.6%
17.7%CN¥5.15CN¥3.00n/a9
Mar ’25CN¥4.27
CN¥5.08
+18.9%
36.0%CN¥9.54CN¥3.00n/a8
Feb ’25CN¥4.01
CN¥5.93
+47.8%
37.1%CN¥9.54CN¥3.00n/a8
Jan ’25CN¥4.36
CN¥7.60
+74.4%
21.8%CN¥9.54CN¥5.00n/a7
Dec ’24CN¥5.26
CN¥8.34
+58.5%
26.8%CN¥12.22CN¥5.00n/a10
Nov ’24CN¥5.08
CN¥8.34
+64.1%
26.8%CN¥12.22CN¥5.00n/a10
Oct ’24CN¥6.82
CN¥9.06
+32.8%
18.8%CN¥12.22CN¥6.60n/a10
Sep ’24CN¥7.38
CN¥9.42
+27.7%
21.9%CN¥12.93CN¥6.60n/a10
Aug ’24CN¥8.40
CN¥10.65
+26.8%
21.0%CN¥12.93CN¥6.60n/a10
Jul ’24CN¥7.21
CN¥10.65
+47.8%
21.0%CN¥12.93CN¥6.60n/a10
Jun ’24CN¥7.23
CN¥10.87
+50.4%
17.8%CN¥12.93CN¥6.60n/a10
May ’24CN¥8.16
CN¥12.17
+49.1%
24.4%CN¥16.00CN¥6.30n/a8
Apr ’24CN¥8.40
CN¥12.17
+44.8%
24.4%CN¥16.00CN¥6.30n/a8
Mar ’24CN¥9.83
CN¥12.17
+23.8%
24.4%CN¥16.00CN¥6.30CN¥4.278
Feb ’24CN¥9.82
CN¥11.89
+21.1%
25.2%CN¥16.00CN¥6.30CN¥4.018
Jan ’24CN¥10.23
CN¥12.73
+24.4%
21.2%CN¥16.00CN¥9.00CN¥4.368
Dec ’23CN¥11.76
CN¥12.57
+6.9%
20.7%CN¥16.00CN¥9.00CN¥5.268
Nov ’23CN¥7.97
CN¥12.34
+54.8%
20.7%CN¥16.00CN¥9.00CN¥5.088
Oct ’23CN¥11.49
CN¥13.75
+19.7%
21.0%CN¥16.00CN¥9.00CN¥6.828
Sep ’23CN¥11.70
CN¥14.12
+20.7%
20.7%CN¥17.10CN¥9.00CN¥7.389
Aug ’23CN¥11.38
CN¥14.70
+29.2%
22.2%CN¥19.13CN¥9.00CN¥8.409
Jul ’23CN¥13.10
CN¥14.85
+13.3%
21.1%CN¥19.13CN¥9.00CN¥7.2110
Jun ’23CN¥11.92
CN¥14.85
+24.5%
21.1%CN¥19.13CN¥9.00CN¥7.2310
May ’23CN¥14.28
CN¥14.61
+2.3%
21.8%CN¥18.00CN¥8.30CN¥8.1610
Apr ’23CN¥14.70
CN¥14.00
-4.8%
20.4%CN¥16.83CN¥8.30CN¥8.4010
Mar ’23CN¥13.15
CN¥13.82
+5.1%
20.3%CN¥16.83CN¥8.30CN¥9.8310

Analyst Forecast: Target price is lower than the current share price.


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