Ningbo Tuopu Group Co.,Ltd.

SHSE:601689 Stock Report

Market Cap: CN¥89.6b

Ningbo Tuopu GroupLtd Valuation

Is 601689 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 601689 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601689 (CN¥53.14) is trading above our estimate of fair value (CN¥23.08)

Significantly Below Fair Value: 601689 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601689?

Key metric: As 601689 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601689. This is calculated by dividing 601689's market cap by their current earnings.
What is 601689's PE Ratio?
PE Ratio32.1x
EarningsCN¥2.79b
Market CapCN¥89.60b

Price to Earnings Ratio vs Peers

How does 601689's PE Ratio compare to its peers?

The above table shows the PE ratio for 601689 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.5x
002920 Huizhou Desay SV Automotive
36.1x21.2%CN¥72.0b
600660 Fuyao Glass Industry Group
20.9x15.6%CN¥142.0b
600741 HUAYU Automotive Systems
7.4x-2.8%CN¥51.4b
601799 Changzhou Xingyu Automotive Lighting SystemsLtd
29.6x26.3%CN¥38.4b
601689 Ningbo Tuopu GroupLtd
32.1x23.3%CN¥89.6b

Price-To-Earnings vs Peers: 601689 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the peer average (23.5x).

Price to Earnings Ratio vs Industry

How does 601689's PE Ratio compare vs other companies in the CN Auto Components Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002684 Dynavolt Renewable Energy Technology (Henan)
0.6xn/aUS$58.50m
No more companies available in this PE range
601689 32.1xIndustry Avg. 31.3xNo. of Companies26PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601689 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the CN Auto Components industry average (31.3x).

Price to Earnings Ratio vs Fair Ratio

What is 601689'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.

601689 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.1x
Fair PE Ratio23.8x

Price-To-Earnings vs Fair Ratio: 601689 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the estimated Fair Price-To-Earnings Ratio (23.8x).

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 601689 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥53.14
CN¥56.53
+6.4%
9.9%CN¥65.70CN¥45.00n/a13
Nov ’25CN¥42.91
CN¥56.53
+31.7%
9.9%CN¥65.70CN¥45.00n/a13
Oct ’25CN¥46.26
CN¥50.42
+9.0%
11.2%CN¥60.00CN¥40.32n/a13
Sep ’25CN¥33.66
CN¥50.53
+50.1%
12.0%CN¥60.00CN¥40.32n/a12
Aug ’25CN¥36.19
CN¥53.15
+46.9%
10.9%CN¥60.00CN¥42.76n/a12
Jul ’25CN¥36.76
CN¥54.12
+47.2%
9.3%CN¥59.31CN¥42.76n/a11
Jun ’25CN¥39.72
CN¥54.12
+36.3%
9.3%CN¥59.31CN¥42.76n/a11
May ’25CN¥43.39
CN¥52.93
+22.0%
9.6%CN¥59.31CN¥42.76n/a11
Apr ’25CN¥43.85
CN¥53.96
+23.1%
19.8%CN¥72.41CN¥31.03n/a11
Mar ’25CN¥40.30
CN¥54.67
+35.7%
19.0%CN¥72.41CN¥31.03n/a12
Feb ’25CN¥34.12
CN¥55.24
+61.9%
18.8%CN¥72.41CN¥31.03n/a12
Jan ’25CN¥50.69
CN¥58.44
+15.3%
11.9%CN¥72.41CN¥46.90n/a12
Dec ’24CN¥49.97
CN¥58.23
+16.5%
12.3%CN¥72.41CN¥46.90n/a11
Nov ’24CN¥44.90
CN¥58.23
+29.7%
12.3%CN¥72.41CN¥46.90CN¥42.9111
Oct ’24CN¥51.12
CN¥58.27
+14.0%
10.5%CN¥68.97CN¥46.90CN¥46.2610
Sep ’24CN¥53.30
CN¥56.83
+6.6%
12.3%CN¥68.97CN¥42.76CN¥33.6610
Aug ’24CN¥49.22
CN¥54.87
+11.5%
12.1%CN¥65.52CN¥42.76CN¥36.199
Jul ’24CN¥55.66
CN¥52.34
-5.9%
14.0%CN¥65.52CN¥42.76CN¥36.769
Jun ’24CN¥39.24
CN¥50.70
+29.2%
12.6%CN¥63.17CN¥42.76CN¥39.727
May ’24CN¥34.90
CN¥51.68
+48.1%
11.4%CN¥63.17CN¥42.76CN¥43.397
Apr ’24CN¥44.22
CN¥56.49
+27.7%
13.1%CN¥67.24CN¥42.76CN¥43.859
Mar ’24CN¥45.29
CN¥57.24
+26.4%
12.1%CN¥67.24CN¥42.76CN¥40.309
Feb ’24CN¥50.19
CN¥57.32
+14.2%
12.1%CN¥67.24CN¥42.76CN¥34.129
Jan ’24CN¥40.40
CN¥61.28
+51.7%
11.5%CN¥74.48CN¥51.72CN¥50.697
Dec ’23CN¥47.34
CN¥63.60
+34.3%
15.4%CN¥82.76CN¥51.72CN¥49.976
Nov ’23CN¥47.21
CN¥61.36
+30.0%
19.5%CN¥82.76CN¥45.17CN¥44.906

Analyst Forecast: Target price is less than 20% higher than the current share price.

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