Tiangong International Co Ltd
HKEX:826

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Tiangong International Co Ltd
HKEX:826
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Price: 1.94 HKD 3.74% Market Closed
Market Cap: 5.3B HKD
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Relative Value

The Relative Value of one Tiangong International Co Ltd stock under the Base Case scenario is 3.12 HKD. Compared to the current market price of 1.94 HKD, Tiangong International Co Ltd is Undervalued by 38%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
3.12 HKD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
63
vs Industry
65
Median 3Y
1.1
Median 5Y
1.1
Industry
1.7
Forward
0.9
vs History
19
vs Industry
18
Median 3Y
12.4
Median 5Y
13.4
Industry
15.4
Forward
14.1
vs History
0
vs Industry
2
Median 3Y
17.1
Median 5Y
12.9
Industry
9.1
vs History
vs Industry
18
Median 3Y
-10.8
Median 5Y
-10.8
Industry
15
vs History
77
vs Industry
65
Median 3Y
0.9
Median 5Y
1.1
Industry
1.4
vs History
42
vs Industry
66
Median 3Y
1
Median 5Y
1.1
Industry
2.1
Forward
0.9
vs History
42
vs Industry
54
Median 3Y
4.5
Median 5Y
4.6
Industry
7.2
vs History
22
vs Industry
25
Median 3Y
7.5
Median 5Y
7.6
Industry
9.9
Forward
5
vs History
41
vs Industry
20
Median 3Y
8.5
Median 5Y
9
Industry
12.6
Forward
7.8
vs History
0
vs Industry
3
Median 3Y
15.8
Median 5Y
11.9
Industry
10.3
vs History
vs Industry
9
Median 3Y
-16.6
Median 5Y
6.4
Industry
13
vs History
73
vs Industry
72
Median 3Y
0.5
Median 5Y
0.7
Industry
1.3

Multiples Across Competitors

Competitors Multiples
Tiangong International Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Tiangong International Co Ltd
HKEX:826
5.4B HKD 1 15.1 8.6 8.6
ZA
Kumba Iron Ore Ltd
JSE:KIO
105.8B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
234.2B BRL 1.1 4.9 3.3 4
AU
Fortescue Metals Group Ltd
ASX:FMG
56.6B AUD 1.9 6.2 4.2 4.2
AU
Fortescue Ltd
XMUN:FVJ
33.8B EUR 1.9 6.2 4.2 4.2
US
Nucor Corp
NYSE:NUE
27.6B USD 0.7 8.2 4.6 5.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.2T INR 1.3 45 11.9 18.4
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
157.3B CNY 0.5 16.6 15.9 15.9
IN
Tata Steel Ltd
NSE:TATASTEEL
1.8T INR 0.8 -42.6 9.4 16.1
JP
Nippon Steel Corp
TSE:5401
3.2T JPY 0.4 6.4 5.3 8.9
LU
ArcelorMittal SA
AEX:MT
18.2B EUR 0.3 -15.3 3.7 6.6
P/E Multiple
Earnings Growth P/E to Growth
CN
Tiangong International Co Ltd
HKEX:826
Average P/E: 13.6
15.1
32%
0.5
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-35%
N/A
BR
Vale SA
BOVESPA:VALE3
4.9
44%
0.1
AU
Fortescue Metals Group Ltd
ASX:FMG
6.2
-53%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
6.2
-53%
N/A
US
Nucor Corp
NYSE:NUE
8.2
-37%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
45
115%
0.4
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.6
17%
1
IN
Tata Steel Ltd
NSE:TATASTEEL
Negative Multiple: -42.6 N/A N/A
JP
Nippon Steel Corp
TSE:5401
6.4
19%
0.3
LU
ArcelorMittal SA
AEX:MT
Negative Multiple: -15.3
371%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tiangong International Co Ltd
HKEX:826
Average EV/EBITDA: 7.1
8.6
23%
0.4
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-20%
N/A
BR
Vale SA
BOVESPA:VALE3
3.3
17%
0.2
AU
Fortescue Metals Group Ltd
ASX:FMG
4.2
-24%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
4.2
-24%
N/A
US
Nucor Corp
NYSE:NUE
4.6
-21%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
11.9
53%
0.2
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.9
211%
0.1
IN
Tata Steel Ltd
NSE:TATASTEEL
9.4
93%
0.1
JP
Nippon Steel Corp
TSE:5401
5.3
30%
0.2
LU
ArcelorMittal SA
AEX:MT
3.7
11%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Tiangong International Co Ltd
HKEX:826
Average EV/EBIT: 9.3
8.6
30%
0.3
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-40%
N/A
BR
Vale SA
BOVESPA:VALE3
4
-5%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
4.2
-49%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
4.2
-49%
N/A
US
Nucor Corp
NYSE:NUE
5.8
-35%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
18.4
63%
0.3
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.9
39%
0.4
IN
Tata Steel Ltd
NSE:TATASTEEL
16.1
155%
0.1
JP
Nippon Steel Corp
TSE:5401
8.9
N/A N/A
LU
ArcelorMittal SA
AEX:MT
6.6
4%
1.6

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