China Steel Valuation
Is 2002A undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 2002A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2002A (NT$42.35) is trading below our estimate of fair value (NT$270.8)
Significantly Below Fair Value: 2002A is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2002A?
Key metric: As 2002A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 2002A's PE Ratio? | |
|---|---|
| PE Ratio | 86.3x |
| Earnings | NT$3.91b |
| Market Cap | NT$337.01b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.7x |
| Enterprise Value/EBITDA | 17.9x |
| PEG Ratio | 1.5x |
Price to Earnings Ratio vs Peers
How does 2002A's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 18.4x | ||
2027 Ta Chen Stainless Pipe | 26.8x | 82.9% | NT$73.4b |
2211 Evergreen Steel | 17.2x | n/a | NT$43.0b |
2006 Tung Ho Steel Enterprise | 11.3x | -2.2% | NT$52.9b |
2015 Feng Hsin Steel | 18.1x | 8.3% | NT$44.8b |
2002A China Steel | 86.3x | 59.3% | NT$337.0b |
Price-To-Earnings vs Peers: 2002A is expensive based on its Price-To-Earnings Ratio (86.3x) compared to the peer average (18.4x).
Price to Earnings Ratio vs Industry
How does 2002A's PE Ratio compare vs other companies in the TW Metals and Mining Industry?
| 0 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|
| 0 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: 2002A is expensive based on its Price-To-Earnings Ratio (86.3x) compared to the TW Metals and Mining industry average (18.9x).
Price to Earnings Ratio vs Fair Ratio
What is 2002A'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 86.3x |
| Fair PE Ratio | 45.8x |
Price-To-Earnings vs Fair Ratio: 2002A is expensive based on its Price-To-Earnings Ratio (86.3x) compared to the estimated Fair Price-To-Earnings Ratio (45.8x).
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.
Discover undervalued companies
China General Plastics
NT$8.5b
Engages in the manufacture and marketing of petrochemical products in Asia, America, the Middle East, Europe, Africa, and Oceania.
1305
NT$14.65
7D
-1.7%
1Y
-37.5%
Sesoda
NT$10.5b
Manufactures and markets sulfate of potash (SOP) in Taiwan.
1708
NT$42.35
7D
-2.2%
1Y
33.4%
Lucky Cement
NT$5.9b
Manufactures and sells cement in the People’s Republic of China.
1108
NT$14.55
7D
0.3%
1Y
-2.3%