$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$
Is YZJ Cheap or Expensive?
Based on 10 years Discounted Cashflow
Fair value: $1.92
With 10% margin: $1.73
With 20% margin: $1.54
Based on DCF current price of $1.49 still look reasonable.
Based on the photo
Current price relative to historical average still look reasonable.
This is shipping industry supercycle so it would not be surprised if the price can be valued between Highest and Average PB/PE
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