Top Resource Energy Valuation

Q: What is the Fair Price of 300332 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300332 (CN¥6.59) is trading below our estimate of [[fair value]] (CN¥27.28)

Is 300332 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-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 300332 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300332 (CN¥6.59) is trading below our estimate of fair value (CN¥27.28)

Significantly Below Fair Value: 300332 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300332?

Key metric: As 300332 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300332. This is calculated by dividing 300332's market cap by their current earnings.
What is 300332's PE Ratio?
PE Ratio	87.4x
Earnings	CN¥64.38m
Market Cap	CN¥5.63b

300332 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	1.4x
Enterprise Value/EBITDA	12.7x
PEG Ratio	1.8x

Price to Earnings Ratio vs Peers

How does 300332's PE Ratio compare to its peers?

The above table shows the PE ratio for 300332 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	23.8x
002700 Xinjiang Haoyuan Natural Gas	46.4x	n/a	CN¥4.2b
603706 Xinjiang East Universe GasLtd	17x	n/a	CN¥4.0b
605368 Henan Lantian GasLtd	14.5x	6.2%	CN¥8.2b
603053 Chengdu Gas Group	17.2x	n/a	CN¥8.9b
300332 Top Resource Energy	87.4x	47.5%	CN¥5.6b

Price-To-Earnings vs Peers: 300332 is expensive based on its Price-To-Earnings Ratio (87.4x) compared to the peer average (24.4x).

Price to Earnings Ratio vs Industry

How does 300332'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: 300332 is expensive based on its Price-To-Earnings Ratio (87.4x) compared to the Asian Gas Utilities industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is 300332'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.

300332 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	87.4x
Fair PE Ratio	27.4x

Price-To-Earnings vs Fair Ratio: 300332 is expensive based on its Price-To-Earnings Ratio (87.4x) compared to the estimated Fair Price-To-Earnings Ratio (27.4x).

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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