Foran Energy Group Valuation

Is 002911 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 002911 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002911 (CN¥11.9) is trading above our estimate of fair value (CN¥0.71)

Significantly Below Fair Value: 002911 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002911?

Key metric: As 002911 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002911. This is calculated by dividing 002911's market cap by their current earnings.
What is 002911's PE Ratio?
PE Ratio	17.6x
Earnings	CN¥871.58m
Market Cap	CN¥15.32b

002911 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	0.6x
Enterprise Value/EBITDA	10x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does 002911's PE Ratio compare to its peers?

The above table shows the PE ratio for 002911 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	40.2x
603393 Xinjiang Xintai Natural Gas	10.9x	17.6%	CN¥13.7b
601139 Shenzhen Gas	15x	19.2%	CN¥20.5b
600635 Shanghai Dazhong Public Utilities(Group)Ltd	111.4x	n/a	CN¥10.8b
600917 Chongqing Gas Group	23.3x	n/a	CN¥9.9b
002911 Foran Energy Group	17.6x	13.3%	CN¥15.3b

Price-To-Earnings vs Peers: 002911 is good value based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (39.6x).

Price to Earnings Ratio vs Industry

How does 002911's PE Ratio compare vs other companies in the Asian Gas Utilities Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002911 is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the Asian Gas Utilities industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is 002911'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.

002911 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	17.6x
Fair PE Ratio	16.2x

Price-To-Earnings vs Fair Ratio: 002911 is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).

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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