China Grand Automotive Services Group Co.,Ltd

XSSC:600297 Stock Report

Market Cap: CN¥6.4b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

China Grand Automotive Services GroupLtd Valuation

Is 600297 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 600297 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600297 (CN¥0.78) is trading below our estimate of fair value (CN¥7.31)

Significantly Below Fair Value: 600297 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600297?

Key metric: As 600297 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 600297. This is calculated by dividing 600297's market cap by their current revenue.
What is 600297's PS Ratio?
PS Ratio0.05x
SalesCN¥125.45b
Market CapCN¥6.36b

Price to Sales Ratio vs Peers

How does 600297's PS Ratio compare to its peers?

The above table shows the PS ratio for 600297 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.9x
600650 Shanghai Jin Jiang Online Network Service
5.5xn/aCN¥8.4b
002758 ZJAMP Group
0.1xn/aCN¥4.6b
600386 Beijing Bashi Media
0.7xn/aCN¥3.4b
000753 Fujian Zhangzhou DevelopmentLTD
1.1xn/aCN¥3.6b
600297 China Grand Automotive Services GroupLtd
0.05x-9.5%CN¥6.4b

Price-To-Sales vs Peers: 600297 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

How does 600297's PS Ratio compare vs other companies in the CN Specialty Retail Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.3x12.7%
600297 China Grand Automotive Services GroupLtd
 0.05x-9.5%US$894.19m
002024 Suning.com
0.4x20.6%US$2.58b
002758 ZJAMP Group
0.1xn/aUS$630.93m
600297 0.1xIndustry Avg. 1.3xNo. of Companies6PS01.63.24.86.48+
7 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.3x25.0%
600297 China Grand Automotive Services GroupLtd
 0.05xn/aUS$894.19m
No more companies

Price-To-Sales vs Industry: 600297 is good value based on its Price-To-Sales Ratio (0.1x) compared to the CN Specialty Retail industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is 600297'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.

600297 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.05x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: 600297 is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).

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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