Sichuan Mingxing Electric Power Co., Ltd.

SHSE:600101 Stock Report

Market Cap: CN¥4.9b

Sichuan Mingxing Electric Power Valuation

Is 600101 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 600101 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600101 (CN¥9.02) is trading above our estimate of fair value (CN¥4.43)

Significantly Below Fair Value: 600101 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600101?

Key metric: As 600101 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600101. This is calculated by dividing 600101's market cap by their current earnings.
What is 600101's PE Ratio?
PE Ratio22.6x
EarningsCN¥218.84m
Market CapCN¥4.94b

Price to Earnings Ratio vs Peers

How does 600101's PE Ratio compare to its peers?

The above table shows the PE ratio for 600101 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average53.1x
600979 Sichuan Guangan Aaa PublicLtd
14.6xn/aCN¥4.6b
600644 Leshan Electric PowerLtd
162.1xn/aCN¥3.5b
600509 Xinjiang Tianfu Energy
17.3xn/aCN¥8.9b
605162 Zhejiang Xinzhonggang Thermal Power
18.3xn/aCN¥2.8b
600101 Sichuan Mingxing Electric Power
22.6x8.4%CN¥4.9b

Price-To-Earnings vs Peers: 600101 is good value based on its Price-To-Earnings Ratio (22.6x) compared to the peer average (53.1x).

Price to Earnings Ratio vs Industry

How does 600101's PE Ratio compare vs other companies in the Asian Electric Utilities Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
600101 22.6xIndustry Avg. 16.4xNo. of Companies13PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600101 is expensive based on its Price-To-Earnings Ratio (22.6x) compared to the Asian Electric Utilities industry average (16.4x).

Price to Earnings Ratio vs Fair Ratio

What is 600101'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.

600101 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.6x
Fair PE Ratio18.5x

Price-To-Earnings vs Fair Ratio: 600101 is expensive based on its Price-To-Earnings Ratio (22.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).

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.

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