China Datang Corporation Renewable Power Co., Limited

SHSC:1798 Stock Report

Market Cap: HK$15.9b

China Datang Corporation Renewable Power Valuation

Is 1798 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 1798 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1798 (HK$2.28) is trading above our estimate of fair value (HK$2.01)

Significantly Below Fair Value: 1798 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1798?

Other financial metrics that can be useful for relative valuation.

1798 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/Revenue6x
Enterprise Value/EBITDA7.3x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does 1798's PE Ratio compare to its peers?

The above table shows the PE ratio for 1798 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.3x
3868 Xinyi Energy Holdings
10.4x12.3%HK$8.5b
1381 Canvest Environmental Protection Group
13.3x16.8%HK$11.1b
182 Concord New Energy Group
4.8x12.2%HK$4.7b
1250 Shandong Hi-Speed New Energy Group
12.7xn/aHK$4.0b
1798 China Datang Corporation Renewable Power
7.5x14.1%HK$16.6b

Price-To-Earnings vs Peers: 1798 is good value based on its Price-To-Earnings Ratio (7.5x) compared to the peer average (10.3x).


Price to Earnings Ratio vs Industry

How does 1798's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 1798 is good value based on its Price-To-Earnings Ratio (7.5x) compared to the Asian Renewable Energy industry average (14.8x).


Price to Earnings Ratio vs Fair Ratio

What is 1798'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.

1798 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.5x
Fair PE Ratio10.5x

Price-To-Earnings vs Fair Ratio: 1798 is good value based on its Price-To-Earnings Ratio (7.5x) compared to the estimated Fair Price-To-Earnings Ratio (10.6x).


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 1798 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$2.28
HK$1.90
-16.6%
13.6%HK$2.32HK$1.61n/a6
Sep ’25HK$1.97
HK$1.92
-2.8%
13.5%HK$2.31HK$1.60n/a6
Aug ’25HK$1.97
HK$1.86
-5.5%
12.1%HK$2.10HK$1.40n/a6
Jul ’25HK$2.02
HK$1.98
-2.2%
15.2%HK$2.35HK$1.40n/a7
Jun ’25HK$1.89
HK$1.96
+3.9%
15.9%HK$2.36HK$1.40n/a7
May ’25HK$1.67
HK$1.96
+17.6%
15.9%HK$2.36HK$1.40n/a7
Apr ’25HK$1.61
HK$2.36
+46.4%
27.7%HK$3.20HK$1.40n/a8
Mar ’25HK$1.80
HK$2.55
+41.4%
25.7%HK$3.22HK$1.41n/a8
Feb ’25HK$1.68
HK$2.56
+52.6%
25.8%HK$3.24HK$1.42n/a8
Jan ’25HK$1.80
HK$2.58
+43.2%
25.7%HK$3.25HK$1.42n/a8
Dec ’24HK$1.62
HK$2.57
+58.9%
23.2%HK$3.19HK$1.40n/a8
Nov ’24HK$1.72
HK$2.92
+69.7%
17.5%HK$3.96HK$2.28n/a8
Oct ’24HK$1.86
HK$2.92
+57.3%
17.5%HK$3.97HK$2.29HK$2.148
Sep ’24HK$1.95
HK$3.03
+55.6%
19.4%HK$4.00HK$2.30HK$1.978
Aug ’24HK$2.55
HK$3.38
+32.6%
11.4%HK$4.00HK$2.80HK$1.979
Jul ’24HK$2.62
HK$3.40
+29.8%
10.2%HK$4.00HK$3.03HK$2.029
Jun ’24HK$2.77
HK$3.46
+24.8%
10.1%HK$4.00HK$3.11HK$1.899
May ’24HK$3.04
HK$3.33
+9.7%
21.9%HK$4.00HK$1.35HK$1.6710
Apr ’24HK$2.81
HK$3.27
+16.3%
21.4%HK$4.04HK$1.35HK$1.6110
Mar ’24n/a
HK$3.13
0%
22.6%HK$4.00HK$1.34HK$1.8010
Feb ’24n/a
HK$3.20
0%
24.4%HK$4.23HK$1.37HK$1.689
Jan ’24n/a
HK$2.95
0%
26.4%HK$4.00HK$1.29HK$1.808
Dec ’23n/a
HK$2.95
0%
26.4%HK$4.00HK$1.29HK$1.628
Nov ’23n/a
HK$2.89
0%
25.3%HK$3.71HK$1.27HK$1.729
Oct ’23n/a
HK$2.93
0%
25.8%HK$3.79HK$1.27HK$1.869

Analyst Forecast: Target price is lower than the current share price.


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