Ningbo Zhoushan Port Valuation

Q: What is the Fair Price of 601018 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

601018 (CN¥3.72) is trading above our estimate of [[fair value]] (CN¥1.05)

Is 601018 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 601018 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601018 (CN¥3.72) is trading above our estimate of fair value (CN¥1.05)

Significantly Below Fair Value: 601018 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601018?

Key metric: As 601018 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601018. This is calculated by dividing 601018's market cap by their current earnings.
What is 601018's PE Ratio?
PE Ratio	15.2x
Earnings	CN¥4.75b
Market Cap	CN¥72.37b

601018 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	2.8x
Enterprise Value/EBITDA	9.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 601018's PE Ratio compare to its peers?

The above table shows the PE ratio for 601018 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	15x
001872 China Merchants Port Group	11.8x	3.7%	CN¥48.2b
600018 Shanghai International Port (Group)	9.7x	0.8%	CN¥135.5b
601228 Guangzhou Port	25.2x	n/a	CN¥25.5b
601000 TangShan Port GroupLtd	13.4x	5.9%	CN¥25.5b
601018 Ningbo Zhoushan Port	15.2x	n/a	CN¥72.4b

Price-To-Earnings vs Peers: 601018 is expensive based on its Price-To-Earnings Ratio (15.2x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does 601018'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: 601018 is good value based on its Price-To-Earnings Ratio (15.2x) compared to the CN Infrastructure industry average (15.5x).

Price to Earnings Ratio vs Fair Ratio

What is 601018'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.

601018 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 601018's Price-To-Earnings Fair Ratio for valuation analysis.

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.