China Enterprise Company Limited

SHSE:600675 Stock Report

Market Cap: CN¥18.2b

China Enterprise Valuation

Is 600675 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-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 600675 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600675 (CN¥3) is trading above our estimate of fair value (CN¥0.97)

Significantly Below Fair Value: 600675 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600675?

Key metric: As 600675 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 600675. This is calculated by dividing 600675's market cap by their current revenue.
What is 600675's PS Ratio?
PS Ratio3.4x
SalesCN¥5.39b
Market CapCN¥18.20b

Price to Sales Ratio vs Peers

How does 600675's PS Ratio compare to its peers?

The above table shows the PS ratio for 600675 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average9.5x
600641 Shanghai Wanye EnterprisesLtd
34x41.7%CN¥18.0b
600325 Zhuhai Huafa PropertiesLtd
0.3x5.4%CN¥18.4b
600383 Gemdale
0.3x-23.1%CN¥24.3b
600848 Shanghai Lingang HoldingsLtd
3.5x10.7%CN¥26.9b
600675 China Enterprise
3.4xn/aCN¥18.2b

Price-To-Sales vs Peers: 600675 is good value based on its Price-To-Sales Ratio (3.4x) compared to the peer average (9.5x).


Price to Sales Ratio vs Industry

How does 600675's PS Ratio compare vs other companies in the CN Real Estate Industry?

34 CompaniesPrice / SalesEstimated GrowthMarket Cap
600048 Poly Developments and Holdings Group
0.4x-2.6%US$16.63b
001979 China Merchants Shekou Industrial Zone Holdings
0.6x0.2%US$13.79b
000002 China Vanke
0.3x-10.4%US$13.53b
600606 Greenland Holdings
0.1x-16.9%US$4.58b
600675 3.4xIndustry Avg. 2.4xNo. of Companies34PS02.44.87.29.612+
34 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 600675 is expensive based on its Price-To-Sales Ratio (3.4x) compared to the CN Real Estate industry average (2.4x).


Price to Sales Ratio vs Fair Ratio

What is 600675'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.

600675 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 600675'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