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Red Avenue New Materials Group Co Ltd
SSE:603650

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Red Avenue New Materials Group Co Ltd
SSE:603650
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Price: 29.35 CNY -4.99% Market Closed
Updated: May 5, 2024
Section:
 

Relative Value

The Relative Value of one Red Avenue New Materials Group Co Ltd stock under the Base Case scenario is 20.06 CNY. Compared to the current market price of 29.35 CNY, Red Avenue New Materials Group Co Ltd is Overvalued by 32%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
20.06 CNY
Overvaluation 32%
Relative Value
Price
R
Worst Case
Base Case
Best Case

Valuation Multiples

6.1
P/S
P/S
Price to Sales
6.1
vs History
71
vs Industry
11
Median 3Y
8.1
Median 5Y
7.4
Industry
1.5
Forward
5.6
More Details
42.8
P/E
P/E
Price to Earnings
42.8
vs History
65
vs Industry
16
Median 3Y
63.7
Median 5Y
53.2
Industry
21.9
Forward
40.2
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
2
Median 3Y
67.4
Median 5Y
60.8
Industry
12.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
29.7
Median 5Y
24.9
Industry
19.6
More Details
5.7
P/B
P/B
Price to Book Value
5.7
vs History
69
vs Industry
8
Median 3Y
6.7
Median 5Y
6.6
Industry
1.7
More Details
6.9
EV/S
EV/S
Enterprise Value to Sales
6.9
vs History
68
vs Industry
9
Median 3Y
8.9
Median 5Y
8.2
Industry
1.6
Forward
6.3
More Details
29.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
29.2
vs History
60
vs Industry
7
Median 3Y
37.1
Median 5Y
32.1
Industry
7
More Details
84.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
84.9
vs History
52
vs Industry
4
Median 3Y
99.2
Median 5Y
85.9
Industry
13.7
Forward
23.6
More Details
84.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
84.9
vs History
52
vs Industry
5
Median 3Y
99.2
Median 5Y
85.9
Industry
17.4
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
2
Median 3Y
71.5
Median 5Y
64.9
Industry
13.7
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-71.1
Median 5Y
24
Industry
18.7
More Details
3.3
EV/IC
EV/IC
Enterprise Value to IC
3.3
vs History
87
vs Industry
13
Median 3Y
3.9
Median 5Y
4.4
Industry
1.3
More Details

Multiples Across Competitors

Competitors Multiples
Red Avenue New Materials Group Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Red Avenue New Materials Group Co Ltd
SSE:603650
17.4B CNY 6.1 42.8 84.9 84.9
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
247.5B SAR 1.7 -89.3 11.7 40.2
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
674.8T IDR 19.4 -1 249.5 -1 513 -1 513
US
Dow Inc
NYSE:DOW
40.1B USD 0.9 33.8 10.9 24.5
UK
LyondellBasell Industries NV
NYSE:LYB
32.3B USD 0.8 15.3 8.5 12.4
KR
LG Chem Ltd
KRX:051910
31.6T KRW 0.6 23.6 6 15.4
US
Westlake Corp
NYSE:WLK
19.5B USD 1.6 41 8.9 16.9
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
110.3B CNY 0.4 -55.1 -1 194.2 -1 194.2
CN
Hengli Petrochemical Co Ltd
SSE:600346
109.1B CNY 0.5 56.5 41 41
TW
Nan Ya Plastics Corp
TWSE:1303
450.5B TWD 1.7 71.4 20.1 257.5
TW
Formosa Plastics Corp
TWSE:1301
434.8B TWD 2.2 59.3 110.8 -111.1

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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