Zhengzhou Coal Industry & Electric Power Co Ltd (SSE:600121)

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Price: 4.1 CNY -5.31%

Market Cap: 5B CNY

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Section:

Relative Value

The Relative Value of one Zhengzhou Coal Industry & Electric Power Co Ltd stock under the Base Case scenario is 5.92 CNY. Compared to the current market price of 4.1 CNY, Zhengzhou Coal Industry & Electric Power Co Ltd is Undervalued by 31%.

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.

What is Relative Valuation?

How is Relative Value calculated?

Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.1

P/S

vs History	49
vs Industry	59

Median 5Y

1.3

Industry

1.2

More Details

34.9

P/E

vs History	19
vs Industry	100

Median 5Y

-8.3

Industry

9.5

More Details

11.7

P/OCF

vs History	33
vs Industry	7

Median 5Y

6.7

Industry

4.8

More Details

18.3

P/FCFE

vs History	9
vs Industry	0

Median 5Y

-3

Industry

9.9

More Details

P/B

vs History	28
vs Industry	18

Median 5Y

3.2

Industry

1.2

More Details

2.6

EV/S

vs History	39
vs Industry	47

Median 5Y

2.5

Industry

1.8

More Details

10.5

EV/GP

vs History	33
vs Industry	26

Median 5Y

10.2

Industry

4.4

More Details

EV/EBITDA

vs History	9
vs Industry	9

Median 5Y

12.7

Industry

5.9

More Details

EV/EBIT

vs History	9
vs Industry	11

Median 5Y

12.7

Industry

8.3

More Details

26.8

EV/OCF

vs History	25
vs Industry	6

Median 5Y

14.3

Industry

6.4

More Details

Negative

EV/FCFF

vs History
vs Industry	1

Median 5Y

-21.2

Industry

10.5

More Details

EV/IC

vs History	41
vs Industry	45

Median 5Y

Industry

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
CN		Zhengzhou Coal Industry & Electric Power Co Ltd SSE:600121	5B CNY	1.1	34.9	27	27
CN		China Shenhua Energy Co Ltd SSE:601088	846.2B CNY	2.5	14.7	8.3	8.3
ID		Bayan Resources Tbk PT IDX:BYAN	683.3T IDR	12.8	44.6	34.2	34.2
ZA	E	Exxaro Resources Ltd JSE:EXX	38.5B Zac	0	0	0	0
CN		Shaanxi Coal Industry Co Ltd SSE:601225	224.1B CNY	1.3	9.2	4.9	4.9
IN		Coal India Ltd NSE:COALINDIA	2.4T INR	1.7	6.1	4	4.8
CA	C	Cameco Corp NYSE:CCJ	22.7B USD	11.7	280.6	59.1	96.6
CN		China Coal Energy Co Ltd SSE:601898	159.1B CNY	0.9	9.1	5.3	5.3
ZA	T	Thungela Resources Ltd JSE:TGA	18.7B Zac	0	0	0	0
ID		Dian Swastatika Sentosa Tbk PT IDX:DSSA	284.3T IDR	5.3	59	23.9	23.9
CN		Yankuang Energy Group Co Ltd SSE:600188	104.4B CNY	0.9	6.5	5.9	5.9

				Revenue Growth	P/S to Growth
CN		Zhengzhou Coal Industry & Electric Power Co Ltd SSE:600121	Average P/S: 4.2 1.1	N/A	N/A
CN		China Shenhua Energy Co Ltd SSE:601088	2.5	0%	N/A
ID		Bayan Resources Tbk PT IDX:BYAN	12.8	N/A	N/A
ZA	E	Exxaro Resources Ltd JSE:EXX	Not Available	2%	N/A
CN		Shaanxi Coal Industry Co Ltd SSE:601225	1.3	0%	N/A
IN		Coal India Ltd NSE:COALINDIA	1.7	7%	0.2
CA	C	Cameco Corp NYSE:CCJ	11.7	10%	1.2
CN		China Coal Energy Co Ltd SSE:601898	0.9	1%	0.9
ZA	T	Thungela Resources Ltd JSE:TGA	Not Available	2%	N/A
ID		Dian Swastatika Sentosa Tbk PT IDX:DSSA	5.3	N/A	N/A
CN		Yankuang Energy Group Co Ltd SSE:600188	0.9	2%	0.4

				Earnings Growth	PEG
CN		Zhengzhou Coal Industry & Electric Power Co Ltd SSE:600121	Average P/E: 51.6 34.9	N/A	N/A
CN		China Shenhua Energy Co Ltd SSE:601088	14.7	1%	14.7
ID		Bayan Resources Tbk PT IDX:BYAN	44.6	N/A	N/A
ZA	E	Exxaro Resources Ltd JSE:EXX	Not Available	1%	N/A
CN		Shaanxi Coal Industry Co Ltd SSE:601225	9.2	3%	3.1
IN		Coal India Ltd NSE:COALINDIA	6.1	2%	3.1
CA	C	Cameco Corp NYSE:CCJ	280.6	36%	7.8
CN		China Coal Energy Co Ltd SSE:601898	9.1	1%	9.1
ZA	T	Thungela Resources Ltd JSE:TGA	Not Available	-16%	N/A
ID		Dian Swastatika Sentosa Tbk PT IDX:DSSA	59	N/A	N/A
CN		Yankuang Energy Group Co Ltd SSE:600188	6.5	-9%	N/A

				EBITDA Growth	EV/EBITDA to Growth
CN		Zhengzhou Coal Industry & Electric Power Co Ltd SSE:600121	Average EV/EBITDA: 19.2 27	N/A	N/A
CN		China Shenhua Energy Co Ltd SSE:601088	8.3	6%	1.4
ID		Bayan Resources Tbk PT IDX:BYAN	34.2	N/A	N/A
ZA	E	Exxaro Resources Ltd JSE:EXX	Not Available	1%	N/A
CN		Shaanxi Coal Industry Co Ltd SSE:601225	4.9	8%	0.6
IN		Coal India Ltd NSE:COALINDIA	4	4%	1
CA	C	Cameco Corp NYSE:CCJ	59.1	63%	0.9
CN		China Coal Energy Co Ltd SSE:601898	5.3	11%	0.5
ZA	T	Thungela Resources Ltd JSE:TGA	Not Available	-14%	N/A
ID		Dian Swastatika Sentosa Tbk PT IDX:DSSA	23.9	N/A	N/A
CN		Yankuang Energy Group Co Ltd SSE:600188	5.9	12%	0.5

				EBIT Growth	EV/EBIT to Growth
CN		Zhengzhou Coal Industry & Electric Power Co Ltd SSE:600121	Average EV/EBIT: 23.4 27	N/A	N/A
CN		China Shenhua Energy Co Ltd SSE:601088	8.3	-3%	N/A
ID		Bayan Resources Tbk PT IDX:BYAN	34.2	N/A	N/A
ZA	E	Exxaro Resources Ltd JSE:EXX	Not Available	-8%	N/A
CN		Shaanxi Coal Industry Co Ltd SSE:601225	4.9	-1%	N/A
IN		Coal India Ltd NSE:COALINDIA	4.8	2%	2.4
CA	C	Cameco Corp NYSE:CCJ	96.6	60%	1.6
CN		China Coal Energy Co Ltd SSE:601898	5.3	-4%	N/A
ZA	T	Thungela Resources Ltd JSE:TGA	Not Available	-22%	N/A
ID		Dian Swastatika Sentosa Tbk PT IDX:DSSA	23.9	N/A	N/A
CN		Yankuang Energy Group Co Ltd SSE:600188	5.9	-8%	N/A

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Zhengzhou Coal Industry & Electric Power Co Ltd
SSE:600121

Relative Value

Valuation Multiples

Multiples Across Competitors

Competitors Multiples
Zhengzhou Coal Industry & Electric Power Co Ltd Competitors

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Company

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52 Week Range	3.01 5.12
Price Target

Zhengzhou Coal Industry & Electric Power Co Ltd SSE:600121

Relative Value

Valuation Multiples

Multiples Across Competitors

Competitors Multiples Zhengzhou Coal Industry & Electric Power Co Ltd Competitors

See Also

Company

Help

Tools

Stocks

Zhengzhou Coal Industry & Electric Power Co Ltd
SSE:600121

Competitors Multiples
Zhengzhou Coal Industry & Electric Power Co Ltd Competitors