China Qinfa Group Limited

SEHK:866 Stock Report

Market Cap: HK$3.5b

China Qinfa Group Valuation

Is 866 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: 866 (HK$1.42) is trading below our estimate of fair value (HK$1.68)

Significantly Below Fair Value: 866 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 866?

Key metric: As 866 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 866. This is calculated by dividing 866's market cap by their current earnings.
What is 866's PE Ratio?
PE Ratio30.8x
EarningsCN¥107.27m
Market CapCN¥3.30b

Price to Earnings Ratio vs Peers

How does 866's PE Ratio compare to its peers?

The above table shows the PE ratio for 866 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.2x
1277 Kinetic Development Group
4.4xn/aHK$12.3b
1164 CGN Mining
32.8x25.8%HK$14.1b
1229 Nan Nan Resources Enterprise
2xn/aHK$134.7m
1171 Yankuang Energy Group
5.5x-5.5%HK$136.3b
866 China Qinfa Group
30.8xn/aHK$3.5b

Price-To-Earnings vs Peers: 866 is expensive based on its Price-To-Earnings Ratio (30.8x) compared to the peer average (11.2x).

Price to Earnings Ratio vs Industry

How does 866's PE Ratio compare vs other companies in the HK Oil and Gas Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
276 Mongolia Energy
0.08xn/aUS$17.64m
663 King Stone Energy Group
1.3xn/aUS$15.51m
No more companies available in this PE range
866 30.8xIndustry Avg. 9.6xNo. of Companies3PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 866 is expensive based on its Price-To-Earnings Ratio (30.8x) compared to the Hong Kong Oil and Gas industry average (9.6x).

Price to Earnings Ratio vs Fair Ratio

What is 866'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.

866 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 866'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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