Sichuan Haite High-techLtd Valuation

Q: What is the Fair Price of 002023 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002023 (CN¥10.81) is trading above our estimate of [[fair value]] (CN¥5.16)

Is 002023 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 002023 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002023 (CN¥10.81) is trading above our estimate of fair value (CN¥5.16)

Significantly Below Fair Value: 002023 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002023?

Key metric: As 002023 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002023. This is calculated by dividing 002023's market cap by their current earnings.
What is 002023's PE Ratio?
PE Ratio	106.2x
Earnings	CN¥75.43m
Market Cap	CN¥8.37b

002023 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	8.2x
Enterprise Value/EBITDA	25.5x
PEG Ratio	3.9x

Price to Earnings Ratio vs Peers

How does 002023's PE Ratio compare to its peers?

The above table shows the PE ratio for 002023 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	45.6x
600897 Xiamen International AirportLtd	13.4x	13.7%	CN¥6.4b
000089 Shenzhen Airport	25.1x	19.4%	CN¥14.5b
300424 Guangzhou Hangxin Aviation Technology	116.8x	n/a	CN¥4.4b
600004 Guangzhou Baiyun International Airport	27.2x	13.9%	CN¥23.3b
002023 Sichuan Haite High-techLtd	106.2x	27.4%	CN¥8.4b

Price-To-Earnings vs Peers: 002023 is expensive based on its Price-To-Earnings Ratio (106.2x) compared to the peer average (45.6x).

Price to Earnings Ratio vs Industry

How does 002023's PE Ratio compare vs other companies in the CN Infrastructure 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: 002023 is expensive based on its Price-To-Earnings Ratio (106.2x) compared to the CN Infrastructure industry average (15.7x).

Price to Earnings Ratio vs Fair Ratio

What is 002023'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.

002023 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	106.2x
Fair PE Ratio	17.7x

Price-To-Earnings vs Fair Ratio: 002023 is expensive based on its Price-To-Earnings Ratio (106.2x) compared to the estimated Fair Price-To-Earnings Ratio (17.7x).

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.