Zhejiang Xinhua Fair Value
60
The fair market value of 603867.SS stock is 31.25 CNY. Relative to the market price of 24.76 CNY Zhejiang Xinhua is undervalued by 26.2%
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
Zhejiang Xinhua Valuation
Current 603867.SS share ticker price is 24.76 CNY.
The fair value level of 31.25 CNY can be considered as an effective entry point for long-term investors to start investing in 603867.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 26% lower its fair value
Current price is 0% higher its minimum value
Current price is 70% lower its maximum value
Market price:
603867.SS stock is undervalued
It means the current price may concern as a Moderate Risk Entry Point
Zhejiang Xinhua Chemical 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
27.34
2
Median P/E over 5 years
20.25
3
Minimum P/E over 5 years
16
4
Earning per share (last 12 months)
1.54 CNY
Maximum value
1
x
4
=
42.18 CNY
Fair value
2
x
4
=
31.25 CNY
Minimum value
3
x
4
=
24.68 CNY
Zhejiang Xinhua Chemical Co Ltd price metrics
3.3
Annual return (geometric mean)
47.5
Risk (standard deviation) of returns
β
1.4
Beta (volatility compared to market)