Chengdu Xingrong Environment Co., Ltd.

XSEC:000598 Stock Report

Market Cap: CN¥21.2b

Chengdu Xingrong Environment Valuation

Is 000598 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 000598 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000598 (CN¥7.16) is trading above our estimate of fair value (CN¥4.27)

Significantly Below Fair Value: 000598 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000598?

Key metric: As 000598 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000598. This is calculated by dividing 000598's market cap by their current earnings.
What is 000598's PE Ratio?
PE Ratio10.7x
EarningsCN¥1.98b
Market CapCN¥21.25b

Price to Earnings Ratio vs Peers

How does 000598's PE Ratio compare to its peers?

The above table shows the PE ratio for 000598 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.8x
600323 Grandblue Environment
10.7x7.8%CN¥17.6b
601158 Chongqing Water GroupLtd
62.8x24.1%CN¥23.5b
600008 Beijing Capital Eco-Environment Protection Group
6.7x-17.9%CN¥23.9b
600167 Luenmei QuantumLtd
19.2x15.0%CN¥13.7b
000598 Chengdu Xingrong Environment
10.7x11.6%CN¥21.2b

Price-To-Earnings vs Peers: 000598 is good value based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (24.8x).

Price to Earnings Ratio vs Industry

How does 000598's PE Ratio compare vs other companies in the CN Water Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
000692 Shenyang Huitian Thermal PowerLtd
1.8xn/aUS$261.07m
No more companies available in this PE range
000598 10.7xIndustry Avg. 14.8xNo. of Companies4PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 000598 is good value based on its Price-To-Earnings Ratio (10.7x) compared to the Asian Water Utilities industry average (14.8x).

Price to Earnings Ratio vs Fair Ratio

What is 000598'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.

000598 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.7x
Fair PE Ratio16.3x

Price-To-Earnings vs Fair Ratio: 000598 is good value based on its Price-To-Earnings Ratio (10.7x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 000598 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥7.16
CN¥8.58
+19.8%
6.1%CN¥9.10CN¥8.06n/a2
Nov ’25CN¥7.25
CN¥8.58
+18.3%
6.1%CN¥9.10CN¥8.06n/a2
Oct ’25CN¥7.26
CN¥8.01
+10.3%
8.7%CN¥8.70CN¥7.31n/a2
May ’24CN¥5.22
CN¥6.05
+15.9%
0.8%CN¥6.10CN¥6.00CN¥7.132
Mar ’24CN¥5.15
CN¥5.90
+14.6%
1.7%CN¥6.00CN¥5.80CN¥6.112
Feb ’24CN¥5.03
CN¥5.90
+17.3%
1.7%CN¥6.00CN¥5.80CN¥5.682
Jan ’24CN¥4.89
CN¥5.90
+20.7%
1.7%CN¥6.00CN¥5.80CN¥5.692
Dec ’23CN¥5.05
CN¥5.90
+16.8%
1.7%CN¥6.00CN¥5.80CN¥5.552
Nov ’23CN¥4.85
CN¥5.90
+21.6%
1.7%CN¥6.00CN¥5.80CN¥5.712

Analyst Forecast: Target price is less than 20% higher than the current share price.

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