Yinchuan Xinhua Commercial (Group) Valuation

Is 600785 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 600785 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600785 (CN¥10.99) is trading below our estimate of fair value (CN¥21.59)

Significantly Below Fair Value: 600785 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600785?

Key metric: As 600785 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600785. This is calculated by dividing 600785's market cap by their current earnings.
What is 600785's PE Ratio?
PE Ratio	23.2x
Earnings	CN¥106.84m
Market Cap	CN¥2.48b

600785 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	0.8x
Enterprise Value/EBITDA	12.3x
PEG Ratio	8.4x

Price to Earnings Ratio vs Peers

How does 600785's PE Ratio compare to its peers?

The above table shows the PE ratio for 600785 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	60.3x
600858 Inzone GroupLtd	24.7x	9.7%	CN¥2.4b
000715 Zhongxing Shenyang Commercial Building GroupLtd	23.7x	-9.3%	CN¥2.6b
600693 Fujian Dongbai (Group)Ltd	174.4x	n/a	CN¥3.1b
000419 Changsha Tongcheng HoldingsLtd	18.5x	n/a	CN¥2.9b
600785 Yinchuan Xinhua Commercial (Group)	23.2x	2.8%	CN¥2.5b

Price-To-Earnings vs Peers: 600785 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (60.3x).

Price to Earnings Ratio vs Industry

How does 600785's PE Ratio compare vs other companies in the CN Multiline Retail Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 600785 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the CN Multiline Retail industry average (38.3x).

Price to Earnings Ratio vs Fair Ratio

What is 600785'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.

600785 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23.2x
Fair PE Ratio	16.7x

Price-To-Earnings vs Fair Ratio: 600785 is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the estimated Fair Price-To-Earnings Ratio (16.7x).

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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