Sichuan Mingxing Electric Power Valuation

Is 600101 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 600101 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600101 (CN¥9.16) is trading above our estimate of fair value (CN¥4.43)

Significantly Below Fair Value: 600101 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600101?

Key metric: As 600101 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600101. This is calculated by dividing 600101's market cap by their current earnings.
What is 600101's PE Ratio?
PE Ratio	22.9x
Earnings	CN¥218.84m
Market Cap	CN¥5.02b

600101 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	1.5x
Enterprise Value/EBITDA	10.6x
PEG Ratio	2.7x

Price to Earnings Ratio vs Peers

How does 600101's PE Ratio compare to its peers?

The above table shows the PE ratio for 600101 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	55.6x
600979 Sichuan Guangan Aaa PublicLtd	18.1x	n/a	CN¥5.7b
600644 Leshan Electric PowerLtd	166.4x	n/a	CN¥3.6b
600509 Xinjiang Tianfu Energy	19.2x	n/a	CN¥9.9b
605162 Zhejiang Xinzhonggang Thermal Power	18.8x	n/a	CN¥2.9b
600101 Sichuan Mingxing Electric Power	22.9x	8.4%	CN¥5.0b

Price-To-Earnings vs Peers: 600101 is good value based on its Price-To-Earnings Ratio (22.9x) compared to the peer average (55.6x).

Price to Earnings Ratio vs Industry

How does 600101's PE Ratio compare vs other companies in the Asian Electric Utilities Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 600101 is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the Asian Electric Utilities industry average (16.8x).

Price to Earnings Ratio vs Fair Ratio

What is 600101'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.

600101 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	22.9x
Fair PE Ratio	18.5x

Price-To-Earnings vs Fair Ratio: 600101 is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).

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.

Discover undervalued companies

ENN Natural GasLtd

CN¥56.9b

Engages in natural gas distribution, trading, storage, transportation, production, and engineering in China.

600803

CN¥18.52

-4.3%

15.8%

Shenzhen Gas

CN¥20.5b

Provides urban gas, natural gas, and LPG energy.

601139

CN¥7.11

-4.3%

5.3%

Beijing Jingneng Power

CN¥24.1b

Produces and sells electric power and heat products in China.

600578

CN¥3.60

-3.5%

20.4%