WeRide Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate WRD's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate WRD's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As WRD barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for WRD. This is calculated by dividing WRD's market cap by their current book value.
What is WRD's PB Ratio?
PB Ratio	-7.8x
Book	-CN¥4.38b
Market Cap	CN¥34.28b

WRD 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	108.5x
Enterprise Value/EBITDA	-21.8x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does WRD's PB Ratio compare to its peers?

The above table shows the PB ratio for WRD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	4x
DORM Dorman Products	3.4x	10.6%	US$4.3b
LEA Lear	1.1x	19.9%	US$5.4b
GNTX Gentex	2.8x	7.1%	US$7.0b
MOD Modine Manufacturing	8.5x	26.4%	US$7.2b
WRD WeRide	n/a	n/a	US$4.7b

Price-To-Book vs Peers: WRD has negative equity and a Price-To-Book Ratio (-7.8x) compared to the peer average (4x).

Price to Book Ratio vs Industry

How does WRD's PB Ratio compare vs other companies in the US Auto Components Industry?

1 Company	Price / Book	Estimated Growth	Market Cap
EVVL Evil Empire Designs	0.03x	n/a	US$14.75k

No more companies available in this PB range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: WRD has negative equity and a Price-To-Book Ratio (-7.8x) compared to the US Auto Components industry average (1.2x).

Price to Book Ratio vs Fair Ratio

What is WRD's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WRD PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	-7.8x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate WRD's Price-To-Book 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.