CTS International Logistics Corporation Limited

SHSE:603128 Stock Report

Market Cap: CN¥9.1b

CTS International Logistics Valuation

Is 603128 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 603128 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603128 (CN¥6.96) is trading above our estimate of fair value (CN¥6.15)

Significantly Below Fair Value: 603128 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603128?

Key metric: As 603128 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603128. This is calculated by dividing 603128's market cap by their current earnings.
What is 603128's PE Ratio?
PE Ratio17.4x
EarningsCN¥524.47m
Market CapCN¥9.11b

Price to Earnings Ratio vs Peers

How does 603128's PE Ratio compare to its peers?

The above table shows the PE ratio for 603128 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.2x
002245 Jiangsu Azure
39.7x31.8%CN¥12.7b
603713 Milkyway Chemical Supply Chain ServiceLtd
16.1x19.4%CN¥8.4b
600057 Xiamen Xiangyu
11.5x32.7%CN¥14.7b
600787 CMST DevelopmentLtd
17.5xn/aCN¥14.6b
603128 CTS International Logistics
17.4x18.5%CN¥9.1b

Price-To-Earnings vs Peers: 603128 is good value based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (21.2x).

Price to Earnings Ratio vs Industry

How does 603128's PE Ratio compare vs other companies in the CN Logistics Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
603128 17.4xIndustry Avg. 18.9xNo. of Companies5PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603128 is good value based on its Price-To-Earnings Ratio (17.4x) compared to the CN Logistics industry average (18.9x).

Price to Earnings Ratio vs Fair Ratio

What is 603128'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.

603128 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.4x
Fair PE Ratio16x

Price-To-Earnings vs Fair Ratio: 603128 is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the estimated Fair Price-To-Earnings Ratio (16x).

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 603128 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥6.96
CN¥6.46
-7.2%
15.2%CN¥8.00CN¥5.50n/a5
Dec ’25CN¥6.39
CN¥6.36
-0.5%
16.4%CN¥8.00CN¥5.50n/a5
Nov ’25CN¥6.07
CN¥6.36
+4.8%
16.4%CN¥8.00CN¥5.50n/a5
Oct ’25CN¥6.37
CN¥7.14
+12.1%
23.7%CN¥10.00CN¥5.50n/a5
Sep ’25CN¥5.33
CN¥7.36
+38.1%
20.7%CN¥10.00CN¥5.60n/a5
Aug ’25CN¥5.59
CN¥8.12
+45.3%
19.2%CN¥10.00CN¥6.60n/a5
Jul ’25CN¥5.78
CN¥8.12
+40.5%
19.2%CN¥10.00CN¥6.60n/a5
Jun ’25CN¥6.66
CN¥8.72
+30.9%
12.7%CN¥10.00CN¥7.40n/a5
May ’25CN¥6.65
CN¥8.79
+32.1%
11.6%CN¥10.00CN¥7.40n/a6
Apr ’25CN¥6.93
CN¥9.32
+34.5%
14.9%CN¥12.00CN¥7.70n/a6
Mar ’25CN¥7.52
CN¥9.36
+24.5%
16.2%CN¥12.00CN¥7.70n/a5
Feb ’25CN¥6.86
CN¥9.36
+36.4%
16.2%CN¥12.00CN¥7.70n/a5
Jan ’25CN¥7.39
CN¥9.61
+30.0%
15.1%CN¥12.00CN¥7.70n/a5
Dec ’24CN¥8.15
CN¥9.49
+16.4%
17.1%CN¥12.00CN¥7.10CN¥6.395
Nov ’24CN¥7.14
CN¥9.49
+32.9%
17.1%CN¥12.00CN¥7.10CN¥6.075
Oct ’24CN¥7.09
CN¥9.69
+36.7%
17.8%CN¥12.00CN¥7.10CN¥6.375
Sep ’24CN¥7.65
CN¥11.11
+45.2%
23.1%CN¥16.00CN¥8.60CN¥5.335
Aug ’24CN¥9.51
CN¥11.61
+22.1%
20.4%CN¥16.00CN¥9.75CN¥5.595
Jul ’24CN¥9.11
CN¥11.66
+28.0%
20.0%CN¥16.00CN¥9.90CN¥5.785
Jun ’24CN¥9.57
CN¥11.66
+21.8%
20.0%CN¥16.00CN¥9.90CN¥6.665
May ’24CN¥9.98
CN¥10.58
+6.0%
8.9%CN¥12.20CN¥9.90CN¥6.654
Apr ’24CN¥9.52
CN¥11.90
+25.0%
8.0%CN¥13.50CN¥11.00CN¥6.934
Mar ’24CN¥9.89
CN¥11.90
+20.3%
8.0%CN¥13.50CN¥11.00CN¥7.524
Feb ’24CN¥10.69
CN¥11.90
+11.3%
8.0%CN¥13.50CN¥11.00CN¥6.864
Jan ’24CN¥10.74
CN¥11.63
+8.3%
12.4%CN¥13.50CN¥10.00CN¥7.393
Dec ’23CN¥12.44
CN¥11.63
-6.5%
12.4%CN¥13.50CN¥10.00CN¥8.153

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 11:08
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CTS International Logistics Corporation Limited is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fan TsoBofA Global Research
Yichao HanChangjiang Securities Co. LTD.
Jiangnan LuoChina Galaxy Securities Co., Ltd.