State Grid Information & Communication Co., Ltd.

XSSC:600131 Stock Report

Market Cap: CN¥24.9b

State Grid Information & Communication Valuation

Is 600131 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 600131 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600131 (CN¥20.73) is trading above our estimate of fair value (CN¥17.43)

Significantly Below Fair Value: 600131 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600131?

Key metric: As 600131 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600131. This is calculated by dividing 600131's market cap by their current earnings.
What is 600131's PE Ratio?
PE Ratio31.8x
EarningsCN¥783.74m
Market CapCN¥24.91b

Price to Earnings Ratio vs Peers

How does 600131's PE Ratio compare to its peers?

The above table shows the PE ratio for 600131 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average53.2x
000034 Digital China Group
18.6x20.9%CN¥22.2b
300017 Wangsu Science & TechnologyLtd
37.6x13.8%CN¥22.8b
300383 Beijing Sinnet TechnologyLtd
52x19.0%CN¥20.1b
600602 INESA Intelligent Tech
104.6x21.3%CN¥16.9b
600131 State Grid Information & Communication
31.8x18.1%CN¥24.9b

Price-To-Earnings vs Peers: 600131 is good value based on its Price-To-Earnings Ratio (31.8x) compared to the peer average (51.8x).

Price to Earnings Ratio vs Industry

How does 600131's PE Ratio compare vs other companies in the CN IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
600131 31.8xIndustry Avg. 73.3xNo. of Companies5PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600131 is good value based on its Price-To-Earnings Ratio (31.8x) compared to the CN IT industry average (73.7x).

Price to Earnings Ratio vs Fair Ratio

What is 600131'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.

600131 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.8x
Fair PE Ratio44x

Price-To-Earnings vs Fair Ratio: 600131 is good value based on its Price-To-Earnings Ratio (31.8x) compared to the estimated Fair Price-To-Earnings Ratio (44x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 600131 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥20.73
CN¥19.80
-4.5%
1.0%CN¥20.00CN¥19.60n/a2
Nov ’25CN¥19.56
CN¥18.39
-6.0%
10.9%CN¥20.00CN¥15.56n/a3
Oct ’25CN¥19.70
CN¥18.39
-6.7%
10.9%CN¥20.00CN¥15.56n/a3
Sep ’25CN¥16.48
CN¥18.39
+11.6%
10.9%CN¥20.00CN¥15.56n/a3
Aug ’25CN¥17.29
CN¥18.39
+6.3%
10.9%CN¥20.00CN¥15.56n/a3
Jul ’25CN¥16.61
CN¥18.39
+10.7%
10.9%CN¥20.00CN¥15.56n/a3
Jun ’25CN¥17.72
CN¥18.39
+3.8%
10.9%CN¥20.00CN¥15.56n/a3
May ’25CN¥17.14
CN¥18.39
+7.3%
10.9%CN¥20.00CN¥15.56n/a3
Apr ’25CN¥19.21
CN¥18.44
-4.0%
6.8%CN¥19.60CN¥16.71n/a3
Mar ’25CN¥17.73
CN¥18.44
+4.0%
6.8%CN¥19.60CN¥16.71n/a3
Feb ’25CN¥14.36
CN¥18.33
+27.6%
6.0%CN¥19.60CN¥16.71n/a4
Jan ’25CN¥15.15
CN¥18.33
+21.0%
6.0%CN¥19.60CN¥16.71n/a4
Dec ’24CN¥15.71
CN¥18.33
+16.7%
6.0%CN¥19.60CN¥16.71n/a4
Nov ’24CN¥13.65
CN¥19.87
+45.5%
16.3%CN¥26.02CN¥16.71CN¥19.565
Oct ’24CN¥15.34
CN¥21.01
+36.9%
14.7%CN¥26.02CN¥18.00CN¥19.704
Sep ’24CN¥15.38
CN¥21.01
+36.6%
14.7%CN¥26.02CN¥18.00CN¥16.484
Aug ’24CN¥17.20
CN¥23.94
+39.2%
7.2%CN¥26.02CN¥21.80CN¥17.293
Jul ’24CN¥20.19
CN¥23.94
+18.6%
7.2%CN¥26.02CN¥21.80CN¥16.613
Jun ’24CN¥19.81
CN¥23.94
+20.8%
7.2%CN¥26.02CN¥21.80CN¥17.723
May ’24CN¥18.59
CN¥23.94
+28.8%
7.2%CN¥26.02CN¥21.80CN¥17.143

Analyst Forecast: Target price is lower than the current share price.

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