Shanghai Industrial Development Co.,Ltd

XSSC:600748 Stock Report

Market Cap: CN¥6.5b

Shanghai Industrial DevelopmentLtd Valuation

Is 600748 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 600748 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600748 (CN¥3.55) is trading above our estimate of fair value (CN¥0.22)

Significantly Below Fair Value: 600748 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600748?

Key metric: As 600748 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 600748. This is calculated by dividing 600748's market cap by their current revenue.
What is 600748's PS Ratio?
PS Ratio1x
SalesCN¥6.38b
Market CapCN¥6.55b

Price to Sales Ratio vs Peers

How does 600748's PS Ratio compare to its peers?

The above table shows the PS ratio for 600748 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10.8x
002314 Shenzhen New Nanshan Holding (Group)
1xn/aCN¥6.9b
600604 Shanghai Shibei Hi-TechLtd
9.2xn/aCN¥7.3b
000886 Hainan Expressway
30.5xn/aCN¥6.0b
600622 Everbright Jiabao
2.7xn/aCN¥5.6b
600748 Shanghai Industrial DevelopmentLtd
1xn/aCN¥6.5b

Price-To-Sales vs Peers: 600748 is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (10.7x).

Price to Sales Ratio vs Industry

How does 600748's PS Ratio compare vs other companies in the CN Real Estate Industry?

32 CompaniesPrice / SalesEstimated GrowthMarket Cap
600048 Poly Developments and Holdings Group
0.4x-2.4%US$16.10b
000002 China Vanke
0.3x-11.1%US$12.84b
600606 Greenland Holdings
0.1x-16.9%US$4.26b
601155 Seazen Holdings
0.3x-16.9%US$4.09b
600748 1.0xIndustry Avg. 2.3xNo. of Companies32PS0246810+
32 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 600748 is good value based on its Price-To-Sales Ratio (1x) compared to the CN Real Estate industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is 600748'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.

600748 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 600748'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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