Ningbo KBE Electrical TechnologyLtd Valuation

Q: What is the Fair Price of 300863 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300863 (CN¥43.4) is trading above our estimate of [[fair value]] (CN¥5.95)

Is 300863 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 300863 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300863 (CN¥43.4) is trading above our estimate of fair value (CN¥5.95)

Significantly Below Fair Value: 300863 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300863?

Key metric: As 300863 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300863. This is calculated by dividing 300863's market cap by their current earnings.
What is 300863's PE Ratio?
PE Ratio	31.7x
Earnings	CN¥170.39m
Market Cap	CN¥5.39b

300863 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.9x
Enterprise Value/EBITDA	21.5x
PEG Ratio	1.2x

Price to Earnings Ratio vs Peers

How does 300863's PE Ratio compare to its peers?

The above table shows the PE ratio for 300863 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	39.3x
605319 Wuxi Zhenhua Auto PartsLtd	14x	16.1%	CN¥5.0b
002664 Xinzhi Group	35.3x	61.0%	CN¥5.5b
300507 Jiangsu Olive Sensors High-Tech	37.9x	n/a	CN¥5.2b
002510 Tianjin Motor DiesLtd	69.9x	n/a	CN¥6.1b
300863 Ningbo KBE Electrical TechnologyLtd	31.7x	26.6%	CN¥5.4b

Price-To-Earnings vs Peers: 300863 is good value based on its Price-To-Earnings Ratio (31.7x) compared to the peer average (38.7x).

Price to Earnings Ratio vs Industry

How does 300863's PE Ratio compare vs other companies in the CN Auto Components Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
002684 Dynavolt Renewable Energy Technology (Henan)	0.6x	n/a	US$58.50m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 300863 is expensive based on its Price-To-Earnings Ratio (31.7x) compared to the CN Auto Components industry average (30.3x).

Price to Earnings Ratio vs Fair Ratio

What is 300863'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.

300863 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	31.7x
Fair PE Ratio	21.6x

Price-To-Earnings vs Fair Ratio: 300863 is expensive based on its Price-To-Earnings Ratio (31.7x) compared to the estimated Fair Price-To-Earnings Ratio (21.6x).

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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