BII Railway Transportation Technology Holdings Valuation

Q: What is the Fair Price of CN6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CN6 (€0.03) is trading below our estimate of [[fair value]] (€0.11)

Is CN6 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 CN6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CN6 (€0.03) is trading below our estimate of fair value (€0.11)

Significantly Below Fair Value: CN6 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CN6?

Key metric: As CN6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CN6. This is calculated by dividing CN6's market cap by their current earnings.
What is CN6's PE Ratio?
PE Ratio	3x
Earnings	HK$178.87m
Market Cap	HK$534.77m

CN6 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	0.2x
Enterprise Value/EBITDA	1.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does CN6's PE Ratio compare to its peers?

The above table shows the PE ratio for CN6 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	28.9x
CSH CENIT	22.8x	47.3%	€69.0m
BSS Beta Systems Software	62.6x	27.7%	€115.0m
TBX0 tick Trading Software	23.7x	31.6%	€17.1m
ABX Advanced Blockchain	6.4x	n/a	€18.4m
CN6 BII Railway Transportation Technology Holdings	3x	n/a	€534.8m

Price-To-Earnings vs Peers: CN6 is good value based on its Price-To-Earnings Ratio (3x) compared to the peer average (28.9x).

Price to Earnings Ratio vs Industry

How does CN6's PE Ratio compare vs other companies in the European Software Industry?

7 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	28.1x	39.6%
CN6 BII Railway Transportation Technology Holdings	3x	n/a	US$68.72m

7 Companies		Estimated Growth	Market Cap
Industry Avg.	28.1x	39.6%
CN6 BII Railway Transportation Technology Holdings	3x	n/a	US$68.72m

No more companies

Price-To-Earnings vs Industry: CN6 is good value based on its Price-To-Earnings Ratio (3x) compared to the European Software industry average (28.1x).

Price to Earnings Ratio vs Fair Ratio

What is CN6'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.

CN6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CN6's Price-To-Earnings Fair Ratio for valuation analysis.

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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