Concord New Energy Group Limited

SEHK:182 Stock Report

Market Cap: HK$4.1b

Concord New Energy Group Valuation

Is 182 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: 182 (HK$0.52) is trading below our estimate of fair value (HK$0.93)

Significantly Below Fair Value: 182 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 182?

Key metric: As 182 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 182. This is calculated by dividing 182's market cap by their current earnings.
What is 182's PE Ratio?
PE Ratio4.3x
EarningsCN¥886.27m
Market CapCN¥3.84b

Price to Earnings Ratio vs Peers

How does 182's PE Ratio compare to its peers?

The above table shows the PE ratio for 182 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.9x
3868 Xinyi Energy Holdings
8.1x11.8%HK$6.6b
1250 Shandong Hi-Speed New Energy Group
11.7xn/aHK$3.7b
1798 China Datang Corporation Renewable Power
7.1x16.6%HK$14.2b
1381 Canvest Environmental Protection Group
12.6x16.5%HK$10.5b
182 Concord New Energy Group
4.3x14.1%HK$4.1b

Price-To-Earnings vs Peers: 182 is good value based on its Price-To-Earnings Ratio (4.3x) compared to the peer average (9.9x).

Price to Earnings Ratio vs Industry

How does 182's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
182 4.3xIndustry Avg. 14.1xNo. of Companies23PE01020304050+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 182 is good value based on its Price-To-Earnings Ratio (4.3x) compared to the Asian Renewable Energy industry average (14.1x).

Price to Earnings Ratio vs Fair Ratio

What is 182'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.

182 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.3x
Fair PE Ratio9.3x

Price-To-Earnings vs Fair Ratio: 182 is good value based on its Price-To-Earnings Ratio (4.3x) compared to the estimated Fair Price-To-Earnings Ratio (9.3x).

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 182 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$0.52
HK$0.82
+58.7%
9.1%HK$0.90HK$0.75n/a2
Nov ’25HK$0.54
HK$0.94
+75.0%
4.8%HK$0.99HK$0.90n/a2
Oct ’25HK$0.57
HK$0.94
+65.8%
4.8%HK$0.99HK$0.90n/a2
Sep ’25HK$0.54
HK$0.94
+75.0%
4.8%HK$0.99HK$0.90n/a2
Aug ’25HK$0.60
HK$0.95
+59.2%
3.7%HK$0.99HK$0.92n/a2
Jul ’25HK$0.60
HK$0.95
+59.2%
3.7%HK$0.99HK$0.92n/a2
Jun ’25HK$0.64
HK$0.95
+49.2%
3.7%HK$0.99HK$0.92n/a2
May ’25HK$0.61
HK$0.95
+56.6%
3.7%HK$0.99HK$0.92n/a2
Apr ’25HK$0.62
HK$0.95
+54.0%
3.7%HK$0.99HK$0.92n/a2
Feb ’25HK$0.63
HK$0.95
+50.8%
1.1%HK$0.96HK$0.94n/a2
Jan ’25HK$0.64
HK$0.95
+48.4%
1.1%HK$0.96HK$0.94n/a2
Dec ’24HK$0.67
HK$0.95
+41.8%
1.1%HK$0.96HK$0.94n/a2
Nov ’24HK$0.64
HK$0.95
+48.4%
1.1%HK$0.96HK$0.94HK$0.542
Oct ’24HK$0.65
HK$0.95
+46.2%
1.1%HK$0.96HK$0.94HK$0.572
Sep ’24HK$0.64
HK$0.95
+48.4%
1.1%HK$0.96HK$0.94HK$0.542
Aug ’24HK$0.63
HK$0.96
+52.4%
2.1%HK$0.98HK$0.94HK$0.602
Jul ’24HK$0.65
HK$0.96
+47.7%
2.1%HK$0.98HK$0.94HK$0.602
Jun ’24HK$0.69
HK$0.96
+39.1%
2.1%HK$0.98HK$0.94HK$0.642
May ’24HK$0.70
HK$0.96
+37.1%
2.1%HK$0.98HK$0.94HK$0.612
Apr ’24HK$0.70
HK$0.96
+37.1%
2.1%HK$0.98HK$0.94HK$0.622
Mar ’24HK$0.74
HK$1.05
+41.9%
4.8%HK$1.10HK$1.00HK$0.662
Feb ’24HK$0.77
HK$1.05
+36.4%
4.8%HK$1.10HK$1.00HK$0.632
Jan ’24HK$0.69
HK$0.97
+41.3%
2.6%HK$1.00HK$0.95HK$0.642
Dec ’23HK$0.69
HK$0.97
+41.3%
2.6%HK$1.00HK$0.95HK$0.672

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.

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