Sinopec Oilfield Service Corporation

DB:YIZH Stock Report

Market Cap: €4.2b

Sinopec Oilfield Service Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: YIZH (€0.07) is trading below our estimate of fair value (€0.54)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for YIZH. This is calculated by dividing YIZH's market cap by their current earnings.
What is YIZH's PE Ratio?
PE Ratio14.8x
EarningsCN¥821.84m
Market CapCN¥32.19b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for YIZH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.1x
CE2 CropEnergies
82.4xn/a€1.2b
CE2 CropEnergies
15.3x-7.5%€1.0b
SUBC Subsea 7
46.9x42.7%NOK 53.7b
TE Technip Energies
11.8x8.6%€4.3b
YIZH Sinopec Oilfield Service
14.8x25.6%€34.7b

Price-To-Earnings vs Peers: YIZH is good value based on its Price-To-Earnings Ratio (14.8x) compared to the peer average (39.1x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
YIZH 14.8xIndustry Avg. 9.4xNo. of Companies8PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: YIZH is expensive based on its Price-To-Earnings Ratio (14.8x) compared to the European Energy Services industry average (9.4x).

Price to Earnings Ratio vs Fair Ratio

What is YIZH'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.

YIZH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.8x
Fair PE Ratio35.9x

Price-To-Earnings vs Fair Ratio: YIZH is good value based on its Price-To-Earnings Ratio (14.8x) compared to the estimated Fair Price-To-Earnings Ratio (35.9x).

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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