Ningbo Energy Group Co.,Ltd.

SHSE:600982 Stock Report

Market Cap: CN¥4.3b

Ningbo Energy GroupLtd Valuation

Is 600982 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 600982 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600982 (CN¥3.85) is trading below our estimate of fair value (CN¥9.08)

Significantly Below Fair Value: 600982 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600982?

Key metric: As 600982 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600982. This is calculated by dividing 600982's market cap by their current earnings.
What is 600982's PE Ratio?
PE Ratio12.2x
EarningsCN¥351.44m
Market CapCN¥4.30b

Price to Earnings Ratio vs Peers

How does 600982's PE Ratio compare to its peers?

The above table shows the PE ratio for 600982 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.1x
605580 Hengsheng Energy
18.2xn/aCN¥2.7b
000722 Hunan Development Group
76.5xn/aCN¥5.0b
603291 Jiangsu United Water TechnologyLtd
25.4x23.8%CN¥4.7b
002479 Zhejiang Fuchunjiang Environmental ThermoelectricLTD
12.4xn/aCN¥4.0b
600982 Ningbo Energy GroupLtd
12.2xn/aCN¥4.3b

Price-To-Earnings vs Peers: 600982 is good value based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (33.1x).

Price to Earnings Ratio vs Industry

How does 600982's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
600982 12.2xIndustry Avg. 17.3xNo. of Companies7PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600982 is good value based on its Price-To-Earnings Ratio (12.2x) compared to the Global Integrated Utilities industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is 600982'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.

600982 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 600982'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.

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