N

Novoray Corp
SSE:688300

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Novoray Corp
SSE:688300
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Price: 65.4 CNY 0.09% Market Closed
Market Cap: 12.1B CNY
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Relative Value

The Relative Value of one Novoray Corp stock under the Base Case scenario is 47.72 CNY. Compared to the current market price of 65.4 CNY, Novoray Corp is Overvalued by 27%.

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
47.72 CNY
Overvaluation 27%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

13.6
P/S
P/S
Price to Sales
13.6
vs History
20
vs Industry
3
Median 3Y
10.7
Median 5Y
6.3
Industry
1.5
Forward
12.8
More Details
51.9
P/E
P/E
Price to Earnings
51.9
vs History
22
vs Industry
13
Median 3Y
40.7
Median 5Y
23.4
Industry
21.7
Forward
47.4
More Details
49
P/OCF
P/OCF
Price to OCF
49
vs History
9
vs Industry
8
Median 3Y
31.4
Median 5Y
26.7
Industry
13
More Details
58.7
P/FCFE
P/FCFE
Price to FCFE
58.7
vs History
25
vs Industry
11
Median 3Y
46
Median 5Y
-105.3
Industry
20.5
More Details
8.8
P/B
P/B
Price to Book Value
8.8
vs History
3
vs Industry
6
Median 3Y
6.1
Median 5Y
4.8
Industry
1.6
More Details
13.2
EV/S
EV/S
Enterprise Value to Sales
13.2
vs History
20
vs Industry
4
Median 3Y
10.3
Median 5Y
5.8
Industry
1.6
Forward
12.4
More Details
32.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
32.6
vs History
20
vs Industry
6
Median 3Y
25.9
Median 5Y
14.7
Industry
7.2
More Details
46.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
46.3
vs History
29
vs Industry
8
Median 3Y
37.5
Median 5Y
20.4
Industry
13.2
Forward
33.7
More Details
46.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
46.3
vs History
29
vs Industry
11
Median 3Y
37.5
Median 5Y
20.4
Industry
17.5
Forward
43.3
More Details
47.4
EV/OCF
EV/OCF
Enterprise Value to OCF
47.4
vs History
8
vs Industry
9
Median 3Y
30.1
Median 5Y
24.5
Industry
13.9
More Details
70.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
70.6
vs History
22
vs Industry
8
Median 3Y
53.8
Median 5Y
-83.7
Industry
19.1
More Details
10.1
EV/IC
EV/IC
Enterprise Value to IC
10.1
vs History
6
vs Industry
3
Median 3Y
7
Median 5Y
5
Industry
1.3
More Details

Multiples Across Competitors

Competitors Multiples
Novoray Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Novoray Corp
SSE:688300
12.1B CNY 13.6 51.9 46.3 46.3
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 134.1 13.4 59
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
43.8B USD 25.3 -607.3 -905.5 -905.5
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
640.2T IDR 22.9 -549 -819.2 -819.2
US
Dow Inc
NYSE:DOW
28B USD 0.6 26.6 8.9 22.1
UK
LyondellBasell Industries NV
NYSE:LYB
24B USD 0.6 11.2 7.2 10.8
CN
Hengli Petrochemical Co Ltd
SSE:600346
107.8B CNY 0.4 17.1 19.2 19.2
US
Westlake Corp
NYSE:WLK
14.7B USD 1.2 153.4 8.4 19.6
KR
LG Chem Ltd
KRX:051910
20T KRW 0.4 70.8 5.7 23.4
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
86.8B CNY 0.3 45.1 21.6 21.6
IN
Solar Industries India Ltd
NSE:SOLARINDS
923B INR 14.3 91.3 57.8 64.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
N
Novoray Corp
SSE:688300
Average EV/EBITDA: 20.9
46.3
192%
0.2
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
13.4
71%
0.2
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -905.5 N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -819.2 N/A N/A
US
Dow Inc
NYSE:DOW
8.9
58%
0.2
UK
LyondellBasell Industries NV
NYSE:LYB
7.2
12%
0.6
CN
Hengli Petrochemical Co Ltd
SSE:600346
19.2
129%
0.1
US
Westlake Corp
NYSE:WLK
8.4
29%
0.3
KR
LG Chem Ltd
KRX:051910
5.7
85%
0.1
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
21.6
346%
0.1
IN
Solar Industries India Ltd
NSE:SOLARINDS
57.8
88%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
N
Novoray Corp
SSE:688300
Average EV/EBIT: 31.8
46.3
127%
0.4
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
59
239%
0.2
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -905.5 N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -819.2 N/A N/A
US
Dow Inc
NYSE:DOW
22.1
111%
0.2
UK
LyondellBasell Industries NV
NYSE:LYB
10.8
20%
0.5
CN
Hengli Petrochemical Co Ltd
SSE:600346
19.2
36%
0.5
US
Westlake Corp
NYSE:WLK
19.6
61%
0.3
KR
LG Chem Ltd
KRX:051910
23.4
140%
0.2
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
21.6
151%
0.1
IN
Solar Industries India Ltd
NSE:SOLARINDS
64.1
87%
0.7

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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