Bohai Ferry Group Valuation

Is 603167 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 603167 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603167 (CN¥8.69) is trading below our estimate of fair value (CN¥14)

Significantly Below Fair Value: 603167 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603167?

Key metric: As 603167 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603167. This is calculated by dividing 603167's market cap by their current earnings.
What is 603167's PE Ratio?
PE Ratio	13.8x
Earnings	CN¥294.40m
Market Cap	CN¥4.08b

603167 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	2.3x
Enterprise Value/EBITDA	8.2x
PEG Ratio	2.2x

Price to Earnings Ratio vs Peers

How does 603167's PE Ratio compare to its peers?

The above table shows the PE ratio for 603167 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	17.8x
001205 Nanjing ShengHang Shipping	17.8x	29.5%	CN¥3.6b
603209 Xingtong Shipping	12.8x	15.8%	CN¥4.5b
603162 Fujian Highton Development	19.5x	n/a	CN¥8.6b
601022 Ningbo Ocean Shipping	21x	n/a	CN¥10.9b
603167 Bohai Ferry Group	13.8x	6.2%	CN¥4.1b

Price-To-Earnings vs Peers: 603167 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (17.8x).

Price to Earnings Ratio vs Industry

How does 603167's PE Ratio compare vs other companies in the Asian Shipping Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 603167 is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the Asian Shipping industry average (10x).

Price to Earnings Ratio vs Fair Ratio

What is 603167'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.

603167 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.8x
Fair PE Ratio	11.2x

Price-To-Earnings vs Fair Ratio: 603167 is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the estimated Fair Price-To-Earnings Ratio (11.2x).

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.