Tongguan Gold Group Valuation

Is 340 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 340 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 340 (HK$0.48) is trading below our estimate of fair value (HK$0.51)

Significantly Below Fair Value: 340 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 340?

Key metric: As 340 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 340. This is calculated by dividing 340's market cap by their current earnings.
What is 340's PE Ratio?
PE Ratio	14.9x
Earnings	HK$129.48m
Market Cap	HK$1.93b

340 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	1.5x
Enterprise Value/EBITDA	8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 340's PE Ratio compare to its peers?

The above table shows the PE ratio for 340 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	12.7x
3330 Lingbao Gold Group	10.1x	n/a	HK$3.6b
2489 Persistence Resources Group	17x	n/a	HK$1.6b
8299 GT Gold Holdings	17.2x	n/a	HK$1.1b
1712 Dragon Mining	6.4x	n/a	HK$230.8m
340 Tongguan Gold Group	14.9x	n/a	HK$1.9b

Price-To-Earnings vs Peers: 340 is expensive based on its Price-To-Earnings Ratio (14.9x) compared to the peer average (12.7x).

Price to Earnings Ratio vs Industry

How does 340's PE Ratio compare vs other companies in the HK Metals and Mining Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
6890 KangLi International Holdings	1.5x	n/a	US$26.08m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 340 is expensive based on its Price-To-Earnings Ratio (14.9x) compared to the Hong Kong Metals and Mining industry average (9.6x).

Price to Earnings Ratio vs Fair Ratio

What is 340'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.

340 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 340'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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