Yongsheng Advanced Materials Valuation

Is 3608 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 3608 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 3608's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 3608's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3608?

Key metric: As 3608 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3608. This is calculated by dividing 3608's market cap by their current revenue.
What is 3608's PS Ratio?
PS Ratio	2.8x
Sales	CN¥230.63m
Market Cap	CN¥637.50m

3608 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	3x
Enterprise Value/EBITDA	15.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 3608's PS Ratio compare to its peers?

The above table shows the PS ratio for 3608 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	1.2x
420 Fountain Set (Holdings)	0.2x	n/a	HK$771.8m
3778 China Weaving Materials Holdings	0.4x	n/a	HK$563.6m
321 Texwinca Holdings	0.2x	n/a	HK$1.2b
8521 WebX International Holdings	4.2x	n/a	HK$524.2m
3608 Yongsheng Advanced Materials	2.8x	n/a	HK$700.9m

Price-To-Sales vs Peers: 3608 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

How does 3608's PS Ratio compare vs other companies in the HK Luxury Industry?

21 Companies	Price / Sales	Estimated Growth	Market Cap
116 Chow Sang Sang Holdings International	0.2x	2.4%	US$553.09m
2678 Texhong International Group	0.2x	6.2%	US$480.99m
420 Fountain Set (Holdings)	0.2x	n/a	US$99.11m
458 Tristate Holdings	0.2x	n/a	US$87.87m

21 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 3608 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the Hong Kong Luxury industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is 3608'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.

3608 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.8x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3608'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.