Z

Zhengzhou Coal Mining Machinery Group Co Ltd
F:ZGC

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Zhengzhou Coal Mining Machinery Group Co Ltd
F:ZGC
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Price: 1.92 EUR 0.52%
Market Cap: €5.1B

P/B

1.4
Current
14%
More Expensive
vs 3-y average of 1.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.4
=
Market Cap
€36.7B
/
Total Equity
¥24.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.4
=
Market Cap
€36.7B
/
Total Equity
¥24.2B

Valuation Scenarios

Zhengzhou Coal Mining Machinery Group Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.3), the stock would be worth €1.69 (12% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-12%
Maximum Upside
+111%
Average Upside
40%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.4 €1.92
0%
3-Year Average 1.3 €1.69
-12%
5-Year Average 1.3 €1.75
-9%
Industry Average 3.1 €4.06
+111%
Country Average 2.4 €3.24
+69%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

Lower than 99% of companies in China
Percentile
1st
Based on 7 605 companies
1st percentile
0.1
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Zhengzhou Coal Mining Machinery Group Co Ltd
Glance View

Zhengzhou Coal Mining Machinery Group Co., Ltd, hailing from the heart of China's industrial landscape, is a company deeply rooted in the world of heavy machinery, serving as the bedrock for the coal mining industry. Established in 1958, this enterprise has woven itself into the fabric of China's economic tapestry by specializing in the research, development, and production of coal mining and excavating equipment. The company has become a linchpin for coal miners, offering an expansive suite of products that include hydraulic roof supports, armored-face conveyors, and electrical control systems. These products serve the essential function of extracting coal efficiently and safely from the earth, enabling the heavily relied-upon sector of energy production to continue thriving in a country that boasts some of the largest coal reserves in the world. The lifeblood of Zhengzhou Coal Mining Machinery Group revolves around its ability to innovate and adapt to an ever-changing industry. As China, and indeed the world, began to shift its gaze towards more sustainable energy sources, the company has diversified its portfolio to remain a formidable player on the global stage. Besides catering to the coal mining industry, it has ventured into producing auto parts, extending its technological craftsmanship to the automotive sector and effectively broadening its revenue streams. Thus, while its historical core lies in coal mining machinery, Zhengzhou Coal Mining Machinery Group is astutely navigating the tempestuous waters of modern industry trends by embracing technology development and diversification, therefore shaping itself as a resilient player in delivering essential machinery components across multiple sectors.

ZGC Intrinsic Value
4.71 EUR
Undervaluation 59%
Intrinsic Value
Price €1.92
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