As of 2025-05-16, the Intrinsic Value of Zhejiang Satellite Petrochemical Co Ltd (002648.SZ) is 26.88 CNY. This 002648.SZ valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 18.20 CNY, the upside of Zhejiang Satellite Petrochemical Co Ltd is 47.7%.

The range of the Intrinsic Value is 20.08 - 39.21 CNY.

Is 002648.SZ undervalued or overvalued?

Based on its market price of 18.20 CNY and our intrinsic valuation, Zhejiang Satellite Petrochemical Co Ltd (002648.SZ) is undervalued by 47.7%.

18.20 CNY

Stock Price

26.88 CNY

Intrinsic Value

Intrinsic Value Details

002648.SZ Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	20.08 - 39.21	26.88	47.7%
DCF (Growth Exit 10Y)	33.72 - 61.19	43.55	139.3%
DCF (EBITDA Exit 5Y)	69.76 - 90.3	79.76	338.3%
Peter Lynch Fair Value	49.11 - 49.11	49.11	169.85%
P/E Multiples	29.76 - 51.67	40.23	121.0%
EV/EBITDA Multiples	21.55 - 40.43	30.40	67.1%
Earnings Power Value	(0.25) - 1.08	0.42	-97.7%
Dividend Discount Model - Stable	12.6 - 28.5	20.55	12.9%
Dividend Discount Model - Multi Stages	20.46 - 35.61	25.96	42.6%

002648.SZ Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Zhejiang Juhua Co Ltd	9.57 - 23.9	13.62	-48.9%
Inner Mongolia Junzheng Energy & Chemical Group Co Ltd	4.89 - 10.55	6.65	21.6%
Lomon Billions Group Co Ltd	3.92 - 18.6	8.60	-48.8%
Huafon Chemical Co Ltd	4.23 - 7.22	5.28	-25.8%
Guangzhou Tinci Materials Technology Co Ltd	11.39 - 23.34	15.48	-13.5%
Bluestar Adisseo Co	4.55 - 8.8	5.93	-40.5%
Sinoma Science & Technology Co Ltd	12.51 - 33.14	19.50	29.9%
Skshu Paint Co Ltd	27.38 - 75.45	41.85	-11.9%
China Hainan Rubber Industry Group Co Ltd	0.91 - 0.91	0.91	-80.5%
Inner Mongolia Yuan Xing Energy Co Ltd	7.81 - 11.27	9.25	78.5%

002648.SZ Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	61,309
Beta	1.05
Outstanding shares (mil)	3,369
Enterprise Value (mil)	80,738

Market risk premium	6.6%
Cost of Equity	10.55%
Cost of Debt	5%
WACC	8.6%