China Petroleum & Chemical Corporation

DB:CHU Stock Report

Market Cap: €93.5b

China Petroleum & Chemical Valuation

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

Below Fair Value: CHU (€0.51) is trading below our estimate of fair value (€2.26)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CHU. This is calculated by dividing CHU's market cap by their current earnings.
What is CHU's PE Ratio?
PE Ratio9.5x
EarningsCN¥49.36b
Market CapCN¥710.12b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CHU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.1x
PETR4 Petróleo Brasileiro - Petrobras
6x13.0%R$536.5b
BP. BP
28.1x28.5%UK£60.9b
GAZP Gazprom
2.2xn/a₽4.7t
TTE TotalEnergies
7.9x0.07%€127.4b
CHU China Petroleum & Chemical
9.5x9.5%€763.4b

Price-To-Earnings vs Peers: CHU is good value based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (14x).

Price to Earnings Ratio vs Industry

How does CHU's PE Ratio compare vs other companies in the European Oil and Gas Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CHU 9.5xIndustry Avg. 9.1xNo. of Companies17PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CHU is expensive based on its Price-To-Earnings Ratio (9.5x) compared to the European Oil and Gas industry average (9.2x).

Price to Earnings Ratio vs Fair Ratio

What is CHU'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.

CHU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.5x
Fair PE Ratio29.2x

Price-To-Earnings vs Fair Ratio: CHU is good value based on its Price-To-Earnings Ratio (9.5x) compared to the estimated Fair Price-To-Earnings Ratio (29.2x).

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 CHU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.51
€0.66
+29.9%
10.0%€0.74€0.54n/a17
Nov ’25€0.52
€0.65
+25.0%
9.2%€0.74€0.55n/a17
Oct ’25€0.55
€0.65
+18.1%
11.7%€0.79€0.52n/a16
Sep ’25€0.60
€0.65
+8.1%
12.0%€0.79€0.53n/a15
Aug ’25€0.58
€0.64
+10.1%
11.5%€0.80€0.54n/a15
Jul ’25€0.62
€0.65
+4.9%
11.8%€0.81€0.55n/a15
Jun ’25€0.59
€0.64
+7.8%
12.3%€0.80€0.52n/a15
May ’25€0.57
€0.64
+11.3%
13.5%€0.81€0.50n/a13
Apr ’25€0.52
€0.62
+18.8%
11.9%€0.75€0.50n/a13
Mar ’25€0.51
€0.61
+19.8%
11.7%€0.76€0.48n/a13
Feb ’25€0.47
€0.62
+30.7%
11.3%€0.76€0.48n/a14
Jan ’25€0.47
€0.62
+32.6%
11.0%€0.75€0.51n/a14
Dec ’24€0.46
€0.65
+42.1%
11.4%€0.78€0.51n/a14
Nov ’24€0.48
€0.65
+36.1%
11.1%€0.79€0.51€0.5214
Oct ’24€0.51
€0.66
+28.2%
10.4%€0.81€0.52€0.5515
Sep ’24€0.54
€0.64
+18.5%
10.5%€0.76€0.47€0.6016
Aug ’24€0.51
€0.65
+26.6%
11.7%€0.77€0.46€0.5816
Jul ’24€0.55
€0.64
+16.7%
12.0%€0.77€0.46€0.6216
Jun ’24€0.60
€0.65
+7.7%
13.9%€0.80€0.47€0.5916
May ’24€0.59
€0.63
+7.1%
13.8%€0.80€0.47€0.5716
Apr ’24€0.54
€0.56
+2.5%
12.6%€0.64€0.40€0.5215
Mar ’24€0.49
€0.54
+11.1%
14.4%€0.66€0.35€0.5116
Feb ’24€0.51
€0.54
+6.1%
15.4%€0.66€0.35€0.4716
Jan ’24€0.45
€0.52
+16.0%
15.6%€0.65€0.33€0.4716
Dec ’23€0.44
€0.53
+20.9%
15.7%€0.66€0.33€0.4616
Nov ’23€0.41
€0.55
+35.0%
12.2%€0.67€0.41€0.4817

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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