China Steel Valuation

Q: What is the Fair Price of CHSTC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CHSTC ($13.6) is trading below our estimate of [[fair value]] ($83.8)

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

Below Fair Value: CHSTC ($13.6) is trading below our estimate of fair value ($83.8)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CHSTC. This is calculated by dividing CHSTC's market cap by their current earnings.
What is CHSTC's PE Ratio?
PE Ratio	86.3x
Earnings	NT$3.91b
Market Cap	NT$337.01b

CHSTC 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	1.7x
Enterprise Value/EBITDA	17.9x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CHSTC 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	14.8x
X United States Steel	22.4x	35.3%	US$8.8b
JINDALSTEL Jindal Steel & Power	17.7x	33.2%	₹896.6b
526371 NMDC	10.6x	10.9%	₹646.8b
GGBR4 Gerdau	8.4x	1.1%	R$40.5b
CHSTC China Steel	86.3x	59.3%	US$337.0b

Price-To-Earnings vs Peers: CHSTC is expensive based on its Price-To-Earnings Ratio (86.3x) compared to the peer average (14.8x).

Price to Earnings Ratio vs Industry

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

15 Companies	Price / Earnings	Estimated Growth	Market Cap

15 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CHSTC is expensive based on its Price-To-Earnings Ratio (86.3x) compared to the European Metals and Mining industry average (12.1x).

Price to Earnings Ratio vs Fair Ratio

What is CHSTC'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.

CHSTC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	86.3x
Fair PE Ratio	n/a

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