Nanjing Chixia Development Co.,Ltd.

SHSE:600533 Stock Report

Market Cap: CN¥2.6b

Nanjing Chixia DevelopmentLtd Valuation

Is 600533 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 600533 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600533 (CN¥2.46) is trading above our estimate of fair value (CN¥0.83)

Significantly Below Fair Value: 600533 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600533?

Key metric: As 600533 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 600533. This is calculated by dividing 600533's market cap by their current revenue.
What is 600533's PS Ratio?
PS Ratio1.1x
SalesCN¥2.25b
Market CapCN¥2.58b

Price to Sales Ratio vs Peers

How does 600533's PS Ratio compare to its peers?

The above table shows the PS ratio for 600533 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.9x
600568 Zhongzhu Healthcare HoldingLtd
4.4xn/aCN¥2.8b
600173 Wolong Resources Group
1xn/aCN¥2.9b
600665 Tande
0.3xn/aCN¥2.8b
600684 Guangzhou Pearl River Development Group
1.8xn/aCN¥2.9b
600533 Nanjing Chixia DevelopmentLtd
1.1xn/aCN¥2.6b

Price-To-Sales vs Peers: 600533 is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (1.9x).

Price to Sales Ratio vs Industry

How does 600533's PS Ratio compare vs other companies in the CN Real Estate Industry?

32 CompaniesPrice / SalesEstimated GrowthMarket Cap
600048 Poly Developments and Holdings Group
0.3x-2.6%US$15.93b
000002 China Vanke
0.3x-10.4%US$12.96b
600606 Greenland Holdings
0.1x-16.9%US$4.34b
601155 Seazen Holdings
0.3x-16.9%US$4.05b
600533 1.1xIndustry Avg. 2.3xNo. of Companies32PS0246810+
32 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 600533 is good value based on its Price-To-Sales Ratio (1.1x) compared to the CN Real Estate industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is 600533'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.

600533 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 600533'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.

Discover undervalued companies

Beijing Urban Construction Investment & Development

CN¥11.4b

Beijing Urban Construction Investment & Development Co., Ltd.

600266

CN¥5.51

7D

-2.5%

1Y

-13.2%

New DaZheng Property Group

CN¥2.1b

New Dazheng Property Group Co., Ltd., an independent third-party property service company, provides property services for various urban public buildings focusing on smart city public buildings and facilities in China.

2968

CN¥9.42

7D

-4.0%

1Y

-31.9%

Gemdale

CN¥24.0b

Engages in the real estate development business in China and internationally.

600383

CN¥5.31

7D

0.8%

1Y

-7.0%