Churchill China Valuation

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

EQW (€10.4) is trading below our estimate of [[fair value]] (€11.47)

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

Below Fair Value: EQW (€10.4) is trading below our estimate of fair value (€11.47)

Significantly Below Fair Value: EQW is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for EQW. This is calculated by dividing EQW's market cap by their current preferred multiple.
What is EQW's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	UK£104.48m

EQW 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	1.2x
Enterprise Value/EBITDA	6.9x
PEG Ratio	2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EQW 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	65.3x
LEI Leifheit	32.2x	20.5%	€169.3m
SUR Surteco Group	41.3x	24.5%	€229.5m
ZPF Zapf Creation	176.5x	n/a	€199.4m
BIJ Bijou Brigitte modische Accessoires	11.4x	n/a	€274.5m
EQW Churchill China	13.4x	6.7%	€104.5m

Price-To-Earnings vs Peers: EQW is good value based on its Price-To-Earnings Ratio (13.4x) compared to the peer average (65.3x).

Price to Earnings Ratio vs Industry

How does EQW's PE Ratio compare vs other companies in the European Consumer Durables Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	24.2%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	24.2%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: EQW is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the European Consumer Durables industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is EQW'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.

EQW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.4x
Fair PE Ratio	9.4x

Price-To-Earnings vs Fair Ratio: EQW is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).

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.