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TCL Zhonghuan Renewable Energy Technology Co LtdSHE 002129 Stock Report

Last reporting period 30 Sep, 2023

Updated 01 Nov, 2024

Last price

Market cap $B

4.899

Middle

Exchange

XSHE - Shenzhen Stock Exchange

View Section: Eyestock Rating

TCL Zhonghuan Fair Value

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The fair market value of 002129.SZ stock is 70.75 CNY. Relative to the market price of 11.79 CNY TCL Zhonghuan is undervalued by 500.1%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly undervalued 500.1%
70.75 CNY
002129.SZ Fair Value
11.79 CNY
Market price of 002129.SZ

TCL Zhonghuan Valuation

Current 002129.SZ share ticker price is 11.79 CNY.

The fair value level of 70.75 CNY can be considered as an effective entry point for long-term investors to start investing in 002129.SZ stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 500% lower its fair value

Min value

Current price is 220% lower its minimum value

Max value

Current price is 954% lower its maximum value

03.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

002129.SZ stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

TCL Zhonghuan Renewable Energy Technology Co Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

62.72

2

Median P/E over 5 years

35.71

3

Minimum P/E over 5 years

19.02

4

Earning per share (last 12 months)

1.98 CNY

Maximum value

1

x

4

=

124.28 CNY

Fair value

2

x

4

=

70.75 CNY

Minimum value

3

x

4

=

37.69 CNY

TCL Zhonghuan Renewable Energy Technology Co Ltd price metrics

4.82

Annual return (geometric mean)

49.12

Risk (standard deviation) of returns

β

1.83

Beta (volatility compared to market)

It means that 002129.SZ stock is more volatile than the broader market

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View Section: Profitability