Tiangong International Company Limited

SHSC:826 Stock Report

Market Cap: HK$4.8b

Tiangong International Valuation

Is 826 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-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 826 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 826 (HK$1.77) is trading below our estimate of fair value (HK$3.83)

Significantly Below Fair Value: 826 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 826?

Other financial metrics that can be useful for relative valuation.

826 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/Revenue1.1x
Enterprise Value/EBITDA5.7x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does 826's PE Ratio compare to its peers?

The above table shows the PE ratio for 826 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.1x
639 Shougang Fushan Resources Group
9.6x-4.8%HK$14.3b
3788 China Hanking Holdings
6.8xn/aHK$1.7b
2798 Perennial Energy Holdings
2.7xn/aHK$1.7b
103 Shougang Century Holdings
9.5xn/aHK$685.4m
826 Tiangong International
13.3x15.6%HK$4.8b

Price-To-Earnings vs Peers: 826 is expensive based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (7.1x).


Price to Earnings Ratio vs Industry

How does 826's PE Ratio compare vs other companies in the HK Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a19.7%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a19.7%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 826 is expensive based on its Price-To-Earnings Ratio (13.3x) compared to the Hong Kong Metals and Mining industry average (9.4x).


Price to Earnings Ratio vs Fair Ratio

What is 826'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.

826 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.3x
Fair PE Ratio9.7x

Price-To-Earnings vs Fair Ratio: 826 is expensive based on its Price-To-Earnings Ratio (13.3x) compared to the estimated Fair Price-To-Earnings Ratio (9.7x).


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 826 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$1.79
HK$2.25
+25.4%
11.8%HK$2.51HK$1.98n/a2
Oct ’25HK$2.10
HK$2.25
+6.9%
11.8%HK$2.51HK$1.98n/a2
May ’25HK$1.70
HK$2.77
+62.9%
9.4%HK$3.03HK$2.51n/a2
Apr ’25HK$1.65
HK$2.77
+67.9%
9.4%HK$3.03HK$2.51n/a2
Mar ’25HK$1.80
HK$3.62
+101.1%
16.3%HK$4.21HK$3.03n/a2
Feb ’25HK$1.67
HK$3.62
+116.8%
16.3%HK$4.21HK$3.03n/a2
Jan ’25HK$2.10
HK$3.62
+72.4%
16.3%HK$4.21HK$3.03n/a2
Dec ’24HK$2.24
HK$3.62
+61.6%
16.3%HK$4.21HK$3.03n/a2
Nov ’24HK$2.32
HK$3.62
+56.0%
16.3%HK$4.21HK$3.03n/a2
Oct ’24HK$2.55
HK$3.62
+42.0%
16.3%HK$4.21HK$3.03HK$2.102
Sep ’24HK$2.65
HK$3.85
+45.1%
9.5%HK$4.21HK$3.48HK$1.722
Oct ’23n/a
HK$4.64
0%
9.2%HK$5.06HK$4.21HK$2.552

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies