The Discounted Cash Flow (DCF) valuation of Zhejiang Zheneng Electric Power Co Ltd (600023.SS) is 7.72 CNY. With the latest stock price at 5.64 CNY, the upside of Zhejiang Zheneng Electric Power Co Ltd based on DCF is 36.9%.
Based on the latest price of 5.64 CNY and our DCF valuation, Zhejiang Zheneng Electric Power Co Ltd (600023.SS) is a buy. buying 600023.SS stocks now will result in a potential gain of 36.9%.
| Range | Selected | |
| WACC / Discount Rate | 5.4% - 6.8% | 6.1% |
| Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
| Fair Price | 4.93 - 14.57 | 7.72 |
| Upside | -12.5% - 158.3% | 36.9% |