China High Speed Transmission Equipment Group Valuation

Is 658 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 658 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 658's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 658's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 658?

Key metric: As 658 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 658. This is calculated by dividing 658's market cap by their current revenue.
What is 658's PS Ratio?
PS Ratio	0.07x
Sales	CN¥22.98b
Market Cap	CN¥1.63b

658 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	0.4x
Enterprise Value/EBITDA	6.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 658's PS Ratio compare to its peers?

The above table shows the PS ratio for 658 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2x
1597 China Nature Energy Technology Holdings	5.7x	n/a	HK$1.3b
1608 VPower Group International Holdings	1x	n/a	HK$1.3b
1133 Harbin Electric	0.2x	13.2%	HK$5.6b
2188 China Titans Energy Technology Group	1.1x	n/a	HK$462.5m
658 China High Speed Transmission Equipment Group	0.07x	n/a	HK$1.7b

Price-To-Sales vs Peers: 658 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (2x).

Price to Sales Ratio vs Industry

How does 658's PS Ratio compare vs other companies in the HK Electrical Industry?

10 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.6x	10.4%
658 China High Speed Transmission Equipment Group	0.07x	n/a	US$224.81m
1366 Jiangnan Group	0.1x	n/a	US$309.80m
842 Leoch International Technology	0.1x	n/a	US$276.72m

10 Companies		Estimated Growth	Market Cap
Industry Avg.	0.6x	40.3%
658 China High Speed Transmission Equipment Group	0.07x	n/a	US$224.81m

No more companies

Price-To-Sales vs Industry: 658 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Electrical industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is 658's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

658 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.07x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 658's Price-To-Sales 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.

Discover undervalued companies

Shanghai Electric Group

HK$146.5b

Provides industrial-grade eco-friendly smart system solutions in Mainland China and internationally.

2727

HK$3.25

8.7%

85.7%

Zhengzhou Coal Mining Machinery Group

CN¥22.1b

Manufactures and sells coal mining and excavating equipment in the People’s Republic of China, Germany, and internationally.

564

CN¥9.99

0.8%

32.1%

Greentown Management Holdings

HK$6.1b

An investment holding company, provides project management services in the People’s Republic of China.

9979

HK$3.01

-1.6%

-52.7%