China East Education Holdings Limited

DB:ZX3 Stock Report

Market Cap: €711.7m

China East Education Holdings Valuation

Is ZX3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 ZX3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ZX3 (€0.32) is trading below our estimate of fair value (€3.36)

Significantly Below Fair Value: ZX3 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ZX3?

Key metric: As ZX3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ZX3. This is calculated by dividing ZX3's market cap by their current earnings.
What is ZX3's PE Ratio?
PE Ratio15.9x
EarningsCN¥340.30m
Market CapCN¥5.42b

Price to Earnings Ratio vs Peers

How does ZX3's PE Ratio compare to its peers?

The above table shows the PE ratio for ZX3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.1x
TIMA ZEAL Network
22.1x-12.6%€1.0b
9JK International School Augsburg -ISA- gemeinnützige
24.9x5.6%€3.3m
2469 Fenbi
14.1x19.5%HK$5.8b
NIITMTS NIIT Learning Systems
27.1x16.0%₹62.0b
ZX3 China East Education Holdings
15.9x15.5%€5.8b

Price-To-Earnings vs Peers: ZX3 is good value based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (22.1x).

Price to Earnings Ratio vs Industry

How does ZX3's PE Ratio compare vs other companies in the European Consumer Services Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ZX3 15.9xIndustry Avg. 20.4xNo. of Companies6PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ZX3 is good value based on its Price-To-Earnings Ratio (15.9x) compared to the European Consumer Services industry average (20.7x).

Price to Earnings Ratio vs Fair Ratio

What is ZX3'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.

ZX3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ratio21.8x

Price-To-Earnings vs Fair Ratio: ZX3 is good value based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (21.8x).

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 ZX3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.32
€0.44
+39.0%
24.3%€0.67€0.34n/a7
Dec ’25€0.33
€0.44
+32.3%
24.3%€0.67€0.34n/a7
Nov ’25€0.33
€0.42
+27.6%
24.3%€0.63€0.33n/a7
Oct ’25€0.33
€0.42
+24.5%
24.3%€0.63€0.33n/a7
Sep ’25€0.26
€0.42
+60.0%
24.3%€0.63€0.33n/a7
Aug ’25€0.27
€0.40
+48.7%
23.2%€0.60€0.33n/a6
Jul ’25€0.26
€0.51
+101.0%
43.3%€0.96€0.34n/a6
Jun ’25€0.28
€0.51
+82.5%
43.3%€0.96€0.34n/a6
May ’25€0.28
€0.51
+86.5%
43.3%€0.96€0.34n/a6
Apr ’25€0.28
€0.55
+97.7%
32.8%€0.95€0.33n/a9
Mar ’25€0.31
€0.60
+97.0%
22.0%€0.94€0.44n/a12
Feb ’25€0.26
€0.60
+130.0%
22.0%€0.94€0.44n/a12
Jan ’25€0.30
€0.60
+99.6%
22.0%€0.94€0.44n/a12
Dec ’24€0.31
€0.60
+95.7%
22.0%€0.94€0.44€0.3312
Nov ’24€0.35
€0.61
+76.0%
22.0%€0.96€0.44€0.3312
Oct ’24€0.39
€0.61
+57.9%
22.0%€0.96€0.44€0.3312
Sep ’24€0.39
€0.65
+68.4%
21.1%€0.94€0.44€0.2611
Aug ’24€0.41
€0.80
+96.2%
21.5%€1.20€0.57€0.2711
Jul ’24€0.35
€0.79
+122.8%
22.1%€1.18€0.56€0.2610
Jun ’24€0.37
€0.79
+113.2%
22.1%€1.18€0.56€0.2810
May ’24€0.44
€0.79
+77.7%
22.1%€1.18€0.56€0.2810
Apr ’24€0.53
€0.83
+56.2%
21.5%€1.20€0.63€0.288
Mar ’24€0.73
€0.73
-0.4%
39.5%€1.33€0.47€0.317
Feb ’24€0.68
€0.74
+8.9%
42.7%€1.41€0.50€0.266
Jan ’24€0.73
€0.74
+1.4%
42.7%€1.41€0.50€0.306
Dec ’23€0.57
€0.74
+28.7%
42.7%€1.41€0.50€0.316

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 16:44
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China East Education Holdings Limited is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liping ZhaoChina International Capital Corporation Limited
Ya JiangCitic Securities Co., Ltd.
Alice CaiCitigroup Inc