Hainan Strait ShippingLtd Valuation

Is 002320 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 002320 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002320 (CN¥5.89) is trading below our estimate of fair value (CN¥6.07)

Significantly Below Fair Value: 002320 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002320?

Key metric: As 002320 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002320. This is calculated by dividing 002320's market cap by their current earnings.
What is 002320's PE Ratio?
PE Ratio	41.3x
Earnings	CN¥318.15m
Market Cap	CN¥13.06b

002320 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	3.4x
Enterprise Value/EBITDA	8.2x
PEG Ratio	1.4x

Price to Earnings Ratio vs Peers

How does 002320's PE Ratio compare to its peers?

The above table shows the PE ratio for 002320 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	16.9x
600428 COSCO SHIPPING Specialized CarriersLtd	10.9x	13.1%	CN¥15.3b
603162 Fujian Highton Development	19.3x	n/a	CN¥8.6b
601022 Ningbo Ocean Shipping	20.9x	n/a	CN¥11.0b
601083 Shanghai Jinjiang Shipping (Group)	16.3x	n/a	CN¥12.5b
002320 Hainan Strait ShippingLtd	41.3x	28.5%	CN¥13.1b

Price-To-Earnings vs Peers: 002320 is expensive based on its Price-To-Earnings Ratio (41.3x) compared to the peer average (16.9x).

Price to Earnings Ratio vs Industry

How does 002320'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: 002320 is expensive based on its Price-To-Earnings Ratio (41.3x) compared to the Asian Shipping industry average (10.1x).

Price to Earnings Ratio vs Fair Ratio

What is 002320'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.

002320 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	41.3x
Fair PE Ratio	20.6x

Price-To-Earnings vs Fair Ratio: 002320 is expensive based on its Price-To-Earnings Ratio (41.3x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).

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.