What is the intrinsic value of 002478.SZ?

As of 2025-07-06, the Intrinsic Value of Jiangsu Changbao Steeltube Co Ltd (002478.SZ) is 7.46 CNY. This 002478.SZ valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 5.46 CNY, the upside of Jiangsu Changbao Steeltube Co Ltd is 36.70%.

The range of the Intrinsic Value is 5.85 - 10.50 CNY

Is 002478.SZ undervalued or overvalued?

Based on its market price of 5.46 CNY and our intrinsic valuation, Jiangsu Changbao Steeltube Co Ltd (002478.SZ) is undervalued by 36.70%.

	Range	Selected	Upside
a
DCF (Growth 5y)	5.85 - 10.50	7.46	36.7%
DCF (Growth 10y)	6.98 - 11.84	8.69	59.1%
DCF (EBITDA 5y)	11.75 - 18.64	14.87	172.3%
DCF (EBITDA 10y)	12.47 - 20.22	15.89	191.0%
Fair Value	16.08 - 16.08	16.08	194.46%
P/E	10.65 - 14.43	12.33	125.8%
EV/EBITDA	6.55 - 11.80	8.68	59.1%
EPV	4.20 - 5.28	4.74	-13.2%
DDM - Stable	4.65 - 11.02	7.84	43.5%
DDM - Multi	7.65 - 13.56	9.74	78.3%