Zijin Mining Group Company Limited

DB:FJZ Stock Report

Market Cap: €53.0b

Zijin Mining Group Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: FJZ (€1.74) is trading below our estimate of fair value (€4.35)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for FJZ. This is calculated by dividing FJZ's market cap by their current earnings.
What is FJZ's PE Ratio?
PE Ratio12.4x
EarningsCN¥29.31b
Market CapCN¥403.68b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FJZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.5x
BAS BASF
77.5x34.2%€38.5b
HEI Heidelberg Materials
11.4x7.3%€21.1b
SY1 Symrise
37x12.6%€14.5b
EVK Evonik Industries
36.4x33.1%€8.3b
FJZ Zijin Mining Group
12.4x16.3%€434.7b

Price-To-Earnings vs Peers: FJZ is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (40.5x).

Price to Earnings Ratio vs Industry

How does FJZ's PE Ratio compare vs other companies in the European Metals and Mining Industry?

15 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FJZ 12.4xIndustry Avg. 13.1xNo. of Companies15PE0816243240+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FJZ is good value based on its Price-To-Earnings Ratio (12.4x) compared to the European Metals and Mining industry average (13.1x).

Price to Earnings Ratio vs Fair Ratio

What is FJZ'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.

FJZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.4x
Fair PE Ratio27.5x

Price-To-Earnings vs Fair Ratio: FJZ is good value based on its Price-To-Earnings Ratio (12.4x) compared to the estimated Fair Price-To-Earnings Ratio (27.5x).

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 FJZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.74
€2.57
+47.6%
6.2%€2.95€2.29n/a15
Nov ’25€1.95
€2.54
+30.4%
6.2%€2.92€2.27n/a15
Oct ’25€1.96
€2.46
+25.4%
5.7%€2.66€2.08n/a15
Sep ’25€1.81
€2.44
+34.9%
5.9%€2.64€2.06n/a14
Aug ’25€1.81
€2.45
+35.6%
5.2%€2.63€2.23n/a13
Jul ’25€1.94
€2.44
+25.8%
7.3%€2.67€2.13n/a13
Jun ’25€1.90
€2.34
+22.9%
8.2%€2.63€1.91n/a13
May ’25€2.02
€2.31
+14.5%
7.2%€2.61€1.94n/a11
Apr ’25€1.82
€2.13
+17.0%
7.8%€2.43€1.87n/a14
Mar ’25€1.48
€1.88
+27.2%
7.5%€2.15€1.62n/a14
Feb ’25€1.30
€1.90
+46.3%
7.6%€2.17€1.63n/a14
Jan ’25€1.43
€1.86
+30.6%
7.9%€2.13€1.60n/a14
Dec ’24€1.39
€1.89
+36.5%
8.6%€2.19€1.62n/a14
Nov ’24€1.40
€1.92
+37.2%
8.8%€2.21€1.63€1.9513
Oct ’24€1.36
€1.94
+42.3%
7.8%€2.19€1.63€1.9613
Sep ’24€1.38
€1.90
+37.4%
7.2%€2.17€1.61€1.8114
Aug ’24€1.52
€1.87
+23.6%
7.4%€2.22€1.60€1.8114
Jul ’24€1.29
€1.85
+43.3%
7.2%€2.10€1.59€1.9414
Jun ’24€1.24
€1.85
+49.4%
16.6%€2.19€0.81€1.9015
May ’24€1.50
€1.83
+22.3%
17.1%€2.19€0.81€2.0214
Apr ’24€1.51
€1.80
+18.8%
16.9%€2.22€0.82€1.8213
Mar ’24€1.41
€1.73
+22.1%
18.4%€2.26€0.88€1.4814
Feb ’24€1.51
€1.68
+10.8%
17.9%€2.06€0.87€1.3014
Jan ’24€1.23
€1.62
+31.8%
22.6%€2.06€0.87€1.4314
Dec ’23€1.29
€1.63
+26.4%
22.4%€2.07€0.87€1.3914
Nov ’23€0.99
€1.65
+66.3%
22.9%€2.10€0.83€1.4014

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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