Nanjing Public Utilities Development Valuation

Is 000421 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 000421 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000421 (CN¥7.01) is trading above our estimate of fair value (CN¥1.13)

Significantly Below Fair Value: 000421 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000421?

Key metric: As 000421 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 000421. This is calculated by dividing 000421's market cap by their current revenue.
What is 000421's PS Ratio?
PS Ratio	0.8x
Sales	CN¥4.94b
Market Cap	CN¥4.04b

000421 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	1.6x
Enterprise Value/EBITDA	65.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 000421's PS Ratio compare to its peers?

The above table shows the PS ratio for 000421 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2.9x
603706 Xinjiang East Universe GasLtd	3.2x	n/a	CN¥4.0b
600333 Changchun Gas Co.Ltd	1.7x	n/a	CN¥4.2b
600681 Bestsun Energy	0.7x	n/a	CN¥3.6b
002700 Xinjiang Haoyuan Natural Gas	6.2x	n/a	CN¥4.2b
000421 Nanjing Public Utilities Development	0.8x	n/a	CN¥4.0b

Price-To-Sales vs Peers: 000421 is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (2.9x).

Price to Sales Ratio vs Industry

How does 000421's PS Ratio compare vs other companies in the CN Gas Utilities Industry?

0 Companies	Price / Sales	Estimated Growth	Market Cap

No more companies available in this PS range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 000421 is good value based on its Price-To-Sales Ratio (0.8x) compared to the CN Gas Utilities industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is 000421's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

000421 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.8x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 000421's Price-To-Sales 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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