North Chemical Fair Value
00
The fair market value of 002246.SZ stock is 1.27 CNY. Relative to the market price of 12.71 CNY North Chemical is overvalued by 90%
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
North Chemical Valuation
Current 002246.SZ share ticker price is 12.71 CNY.
The fair value level of 1.27 CNY can be considered as an effective entry point for long-term investors to start investing in 002246.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
Current market price
Current price is 90% higher its fair value
Current price is 93% higher its minimum value
Current price is 85% higher its maximum value
Market price:
002246.SZ stock is greatly overvalued
It means the current price may concern as a High Risk Entry Point
North Chemical Industries 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
62.3
2
Median P/E over 5 years
40.8
3
Minimum P/E over 5 years
30.44
4
Earning per share (last 12 months)
0.03 CNY
Maximum value
1
x
4
=
1.93 CNY
Fair value
2
x
4
=
1.27 CNY
Minimum value
3
x
4
=
0.94 CNY
North Chemical Industries Co Ltd price metrics
12.11
Annual return (geometric mean)
46.56
Risk (standard deviation) of returns
β
1.28
Beta (volatility compared to market)