Shenzhen VMAX New Energy Valuation

Q: What is the Fair Price of 688612 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

688612 (CN¥19.06) is trading above our estimate of [[fair value]] (CN¥13.54)

Is 688612 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 688612 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688612 (CN¥19.06) is trading above our estimate of fair value (CN¥13.54)

Significantly Below Fair Value: 688612 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688612?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 688612. This is calculated by dividing 688612's market cap by their current preferred multiple.
What is 688612's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥8.02b

688612 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	1x
Enterprise Value/EBITDA	9.2x
PEG Ratio	0.6x

Price to Earnings Ratio vs Peers

How does 688612's PE Ratio compare to its peers?

The above table shows the PE ratio for 688612 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	18.9x
603305 Ningbo Xusheng Group	12.2x	16.8%	CN¥8.2b
000030 FAWER Automotive Parts Limited	11.4x	n/a	CN¥7.8b
002265 Jianshe Industry Group (Yunnan)	42.3x	n/a	CN¥8.6b
600480 Ling Yun Industrial	9.8x	8.4%	CN¥7.6b
688612 Shenzhen VMAX New Energy	15.1x	23.9%	CN¥8.0b

Price-To-Earnings vs Peers: 688612 is good value based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (18.9x).

Price to Earnings Ratio vs Industry

How does 688612's PE Ratio compare vs other companies in the CN Auto Components Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	23.3%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	23.3%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 688612 is good value based on its Price-To-Earnings Ratio (15.1x) compared to the CN Auto Components industry average (22.9x).

Price to Earnings Ratio vs Fair Ratio

What is 688612'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.

688612 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 688612's Price-To-Earnings Fair Ratio for valuation analysis.

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 688612 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥19.06	CN¥43.21 +126.7%	13.4%	CN¥49.00	CN¥37.42	n/a	2
Aug ’25	n/a	CN¥43.21 0%	13.4%	CN¥49.00	CN¥37.42	n/a	2
Jul ’25	n/a	CN¥43.21 0%	13.4%	CN¥49.00	CN¥37.42	n/a	2
Jun ’25	n/a	CN¥43.21 0%	13.4%	CN¥49.00	CN¥37.42	n/a	2
May ’25	n/a	CN¥43.21 0%	13.4%	CN¥49.00	CN¥37.42	n/a	2
Apr ’25	n/a	CN¥47.39 0%	3.4%	CN¥49.00	CN¥45.78	n/a	2
Mar ’25	n/a	CN¥47.39 0%	3.4%	CN¥49.00	CN¥45.78	n/a	2
Feb ’25	n/a	CN¥47.39 0%	3.4%	CN¥49.00	CN¥45.78	n/a	2
Jan ’25	n/a	CN¥47.39 0%	3.4%	CN¥49.00	CN¥45.78	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.