Huadian Power International Corporation Limited

DB:SHX Stock Report

Market Cap: €7.0b

Huadian Power International Valuation

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

Below Fair Value: SHX (€0.41) is trading below our estimate of fair value (€4.75)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SHX. This is calculated by dividing SHX's market cap by their current earnings.
What is SHX's PE Ratio?
PE Ratio8.2x
EarningsCN¥4.17b
Market CapCN¥53.35b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SHX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47.6x
RWE RWE
8.4x-10.8%€23.7b
AB9 ABO Energy GmbH KGaA
12x11.6%€356.8m
ECV Encavis
144.2x40.0%€2.7b
LEC Lechwerke
25.8xn/a€2.5b
SHX Huadian Power International
8.2x22.5%€57.5b

Price-To-Earnings vs Peers: SHX is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (47.6x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SHX 8.2xIndustry Avg. 17.5xNo. of Companies8PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SHX is good value based on its Price-To-Earnings Ratio (8.2x) compared to the European Renewable Energy industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is SHX'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.

SHX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ratio32.7x

Price-To-Earnings vs Fair Ratio: SHX is good value based on its Price-To-Earnings Ratio (8.2x) compared to the estimated Fair Price-To-Earnings Ratio (32.7x).

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 SHX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.41
€0.55
+33.0%
13.1%€0.65€0.42n/a10
Nov ’25€0.42
€0.55
+30.4%
13.1%€0.65€0.42n/a10
Oct ’25€0.48
€0.55
+13.2%
13.1%€0.65€0.42n/a10
Sep ’25€0.46
€0.54
+17.5%
12.8%€0.64€0.41n/a11
Aug ’25€0.44
€0.57
+27.3%
10.7%€0.67€0.48n/a10
Jul ’25€0.54
€0.57
+7.0%
9.3%€0.66€0.47n/a10
Jun ’25€0.52
€0.56
+8.3%
8.1%€0.61€0.47n/a10
May ’25€0.49
€0.57
+15.9%
8.1%€0.62€0.48n/a10
Apr ’25€0.47
€0.53
+12.0%
8.1%€0.59€0.46n/a10
Mar ’25€0.41
€0.51
+24.3%
8.4%€0.59€0.45n/a10
Feb ’25€0.40
€0.49
+23.2%
14.2%€0.59€0.34n/a10
Jan ’25€0.38
€0.48
+27.3%
14.4%€0.56€0.33n/a9
Dec ’24€0.39
€0.48
+20.8%
14.6%€0.56€0.33n/a10
Nov ’24€0.36
€0.48
+34.7%
13.5%€0.56€0.36€0.4210
Oct ’24€0.36
€0.48
+30.8%
13.7%€0.56€0.36€0.4810
Sep ’24€0.35
€0.46
+33.6%
14.6%€0.56€0.36€0.469
Aug ’24€0.38
€0.45
+19.0%
13.9%€0.55€0.33€0.4410
Jul ’24€0.46
€0.45
-0.3%
13.9%€0.55€0.33€0.5410
Jun ’24€0.48
€0.41
-14.8%
20.9%€0.54€0.23€0.529
May ’24€0.41
€0.40
-2.4%
21.7%€0.54€0.23€0.498
Apr ’24€0.35
€0.37
+5.6%
25.5%€0.55€0.23€0.478
Mar ’24€0.36
€0.37
+3.5%
27.5%€0.56€0.24€0.417
Feb ’24€0.34
€0.36
+6.3%
29.0%€0.55€0.23€0.406
Jan ’24€0.36
€0.36
-1.0%
29.2%€0.55€0.23€0.386
Dec ’23€0.34
€0.36
+5.8%
29.2%€0.55€0.23€0.396
Nov ’23€0.28
€0.37
+31.4%
30.1%€0.57€0.24€0.366

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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