Ningbo Deye Technology Group Co., Ltd.

SHSE:605117 Stock Report

Market Cap: CN¥57.0b

Ningbo Deye Technology Group Valuation

Is 605117 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 605117 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 605117 (CN¥86.15) is trading below our estimate of fair value (CN¥128.76)

Significantly Below Fair Value: 605117 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 605117?

Key metric: As 605117 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 605117. This is calculated by dividing 605117's market cap by their current earnings.
What is 605117's PE Ratio?
PE Ratio22.6x
EarningsCN¥2.46b
Market CapCN¥57.03b

Price to Earnings Ratio vs Peers

How does 605117's PE Ratio compare to its peers?

The above table shows the PE ratio for 605117 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.3x
002050 Zhejiang Sanhua Intelligent ControlsLtd
27.5x17.2%CN¥88.5b
600862 Avic Aviation High-Technology
35.7x18.2%CN¥40.4b
002837 Shenzhen Envicool Technology
53.3x29.5%CN¥27.6b
601100 Jiangsu Hengli HydraulicLtd
28.8x15.0%CN¥73.5b
605117 Ningbo Deye Technology Group
22.6x26.5%CN¥57.0b

Price-To-Earnings vs Peers: 605117 is good value based on its Price-To-Earnings Ratio (22.6x) compared to the peer average (36.3x).

Price to Earnings Ratio vs Industry

How does 605117's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$396.73m
No more companies available in this PE range
605117 22.6xIndustry Avg. 34.4xNo. of Companies52PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 605117 is good value based on its Price-To-Earnings Ratio (22.6x) compared to the CN Machinery industry average (34.4x).

Price to Earnings Ratio vs Fair Ratio

What is 605117's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

605117 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.6x
Fair PE Ratio34.5x

Price-To-Earnings vs Fair Ratio: 605117 is good value based on its Price-To-Earnings Ratio (22.6x) compared to the estimated Fair Price-To-Earnings Ratio (34.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 605117 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥86.15
CN¥112.60
+30.7%
14.3%CN¥125.80CN¥90.00n/a3
Nov ’25CN¥91.61
CN¥106.93
+16.7%
13.7%CN¥125.80CN¥90.00n/a3
Oct ’25CN¥101.68
CN¥99.76
-1.9%
6.9%CN¥105.00CN¥90.00n/a3
Sep ’25CN¥90.68
CN¥99.76
+10.0%
6.9%CN¥105.00CN¥90.00n/a3
Aug ’25CN¥99.30
CN¥89.54
-9.8%
5.9%CN¥94.80CN¥84.29n/a2
Jul ’25CN¥75.39
CN¥75.71
+0.4%
11.3%CN¥84.29CN¥67.13n/a2
Jun ’25CN¥67.52
CN¥75.71
+12.1%
11.3%CN¥84.29CN¥67.13n/a2
May ’25CN¥66.77
CN¥75.71
+13.4%
11.3%CN¥84.29CN¥67.13n/a2
Apr ’25CN¥70.73
CN¥63.33
-10.5%
4.9%CN¥66.43CN¥60.22n/a2
Mar ’25CN¥61.54
CN¥63.33
+2.9%
4.9%CN¥66.43CN¥60.22n/a2
Feb ’25CN¥51.22
CN¥63.33
+23.6%
4.9%CN¥66.43CN¥60.22n/a2
Jan ’25CN¥59.93
CN¥63.33
+5.7%
4.9%CN¥66.43CN¥60.22n/a2
Dec ’24CN¥44.22
CN¥101.74
+130.1%
53.5%CN¥178.57CN¥60.22n/a3
Nov ’24CN¥48.64
CN¥118.22
+143.1%
41.8%CN¥178.57CN¥60.22CN¥91.614
Oct ’24CN¥55.31
CN¥122.48
+121.4%
36.5%CN¥178.57CN¥77.24CN¥101.684
Sep ’24CN¥65.34
CN¥135.02
+106.6%
27.8%CN¥178.57CN¥77.24CN¥90.684
Aug ’24CN¥87.23
CN¥145.96
+67.3%
15.3%CN¥178.57CN¥121.03CN¥99.304
Jul ’24CN¥106.82
CN¥145.96
+36.6%
15.3%CN¥178.57CN¥121.03CN¥75.394
Jun ’24CN¥93.84
CN¥151.84
+61.8%
15.3%CN¥178.57CN¥121.03CN¥67.525
May ’24CN¥99.73
CN¥150.76
+51.2%
14.1%CN¥178.57CN¥121.03CN¥66.776
Apr ’24CN¥102.37
CN¥165.50
+61.7%
7.9%CN¥178.57CN¥145.38CN¥70.734
Mar ’24CN¥126.56
CN¥178.83
+41.3%
1.6%CN¥182.55CN¥175.36CN¥61.543
Feb ’24CN¥133.25
CN¥178.83
+34.2%
1.6%CN¥182.55CN¥175.36CN¥51.223
Jan ’24CN¥131.43
CN¥178.83
+36.1%
1.6%CN¥182.55CN¥175.36CN¥59.933
Dec ’23CN¥144.05
CN¥178.83
+24.1%
1.6%CN¥182.55CN¥175.36CN¥44.223
Nov ’23CN¥130.15
CN¥180.56
+38.7%
1.1%CN¥182.55CN¥178.57CN¥48.642

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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