CECEP Solar EnergyLtd Valuation

Q: What is the Fair Price of 000591 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

000591 (CN¥4.99) is trading above our estimate of [[fair value]] (CN¥2.1)

Is 000591 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 000591 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000591 (CN¥4.99) is trading above our estimate of fair value (CN¥2.1)

Significantly Below Fair Value: 000591 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000591?

Key metric: As 000591 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000591. This is calculated by dividing 000591's market cap by their current earnings.
What is 000591's PE Ratio?
PE Ratio	13.8x
Earnings	CN¥1.42b
Market Cap	CN¥20.00b

000591 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	4.9x
Enterprise Value/EBITDA	10.6x
PEG Ratio	1x

Price to Earnings Ratio vs Peers

How does 000591's PE Ratio compare to its peers?

The above table shows the PE ratio for 000591 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	26.1x
600032 Zhejiang Provincial New Energy Investment Group	25.9x	23.7%	CN¥19.3b
601016 CECEP Wind-power CorporationLtd	13.5x	7.6%	CN¥20.8b
601033 Grandtop Yongxing GroupLtd	17.5x	14.4%	CN¥12.9b
601778 Jinko Power Technology	47.6x	44.9%	CN¥10.5b
000591 CECEP Solar EnergyLtd	13.8x	14.0%	CN¥20.0b

Price-To-Earnings vs Peers: 000591 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (26.1x).

Price to Earnings Ratio vs Industry

How does 000591's PE Ratio compare vs other companies in the CN Renewable Energy 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: 000591 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the CN Renewable Energy industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is 000591'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.

000591 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.8x
Fair PE Ratio	16.4x

Price-To-Earnings vs Fair Ratio: 000591 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the estimated Fair Price-To-Earnings Ratio (16.4x).

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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