China First Fair Value
60
The fair market value of 601106.SS stock is 1.93 CNY. Relative to the market price of 3 CNY China First is overvalued by 35.6%
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
China First Valuation
Current 601106.SS share ticker price is 3 CNY.
The fair value level of 1.93 CNY can be considered as an effective entry point for long-term investors to start investing in 601106.SS 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 36% higher its fair value
Current price is 48% higher its minimum value
Current price is 4% higher its maximum value
Market price:
601106.SS stock is greatly overvalued
It means the current price may concern as a High Risk Entry Point
China First Heavy Industries 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
231.78
2
Median P/E over 5 years
156.15
3
Minimum P/E over 5 years
126.34
4
Earning per share (last 12 months)
0.01 CNY
Maximum value
1
x
4
=
2.87 CNY
Fair value
2
x
4
=
1.93 CNY
Minimum value
3
x
4
=
1.56 CNY
China First Heavy Industries price metrics
0.8
Annual return (geometric mean)
30.8
Risk (standard deviation) of returns
β
0.9
Beta (volatility compared to market)