Zhejiang China Light&Textile Industrial City GroupLtd Valuation

Q: What is the Fair Price of 600790 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

600790 (CN¥3.9) is trading above our estimate of [[fair value]] (CN¥1.45)

Is 600790 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-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 600790 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600790 (CN¥3.9) is trading above our estimate of fair value (CN¥1.45)

Significantly Below Fair Value: 600790 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600790?

Key metric: As 600790 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600790. This is calculated by dividing 600790's market cap by their current earnings.
What is 600790's PE Ratio?
PE Ratio	27.3x
Earnings	CN¥194.18m
Market Cap	CN¥5.30b

600790 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	7.1x
Enterprise Value/EBITDA	17.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 600790's PE Ratio compare to its peers?

The above table shows the PE ratio for 600790 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	81.3x
000797 China Wuyi	66.2x	n/a	CN¥4.7b
000514 Chongqing Yukaifa	59.2x	n/a	CN¥3.9b
600162 Shenzhen HeungKong HoldingLtd	104.1x	n/a	CN¥6.1b
600638 Shanghai New Huang Pu Industrial Group	95.7x	n/a	CN¥3.4b
600790 Zhejiang China Light&Textile Industrial City GroupLtd	27.3x	n/a	CN¥5.3b

Price-To-Earnings vs Peers: 600790 is good value based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (81.3x).

Price to Earnings Ratio vs Industry

How does 600790's PE Ratio compare vs other companies in the CN Real Estate Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
002147 Neoglory prosperity	1x	n/a	US$100.99m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 600790 is good value based on its Price-To-Earnings Ratio (27.3x) compared to the CN Real Estate industry average (49.9x).

Price to Earnings Ratio vs Fair Ratio

What is 600790'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.

600790 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 600790's Price-To-Earnings 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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