Suzhou Secote Precision Electronic Co.,LTD

SHSE:603283 Stock Report

Market Cap: CN¥15.0b

Suzhou Secote Precision ElectronicLTD Valuation

Is 603283 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 603283 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 603283's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 603283's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603283?

Key metric: As 603283 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603283. This is calculated by dividing 603283's market cap by their current earnings.
What is 603283's PE Ratio?
PE Ratio19.3x
EarningsCN¥762.61m
Market CapCN¥15.00b

Price to Earnings Ratio vs Peers

How does 603283's PE Ratio compare to its peers?

The above table shows the PE ratio for 603283 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.9x
300457 Shenzhen Yinghe Technology
28.4x30.6%CN¥15.3b
688333 Xi'an Bright Laser TechnologiesLtd
92.1x48.5%CN¥12.6b
603699 Neway Valve (Suzhou)
18.4x7.9%CN¥18.0b
300475 Shannon Semiconductor TechnologyLtd
24.8x10.5%CN¥14.0b
603283 Suzhou Secote Precision ElectronicLTD
19.3x20.0%CN¥15.0b

Price-To-Earnings vs Peers: 603283 is good value based on its Price-To-Earnings Ratio (19.3x) compared to the peer average (40.5x).


Price to Earnings Ratio vs Industry

How does 603283's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$428.07m
No more companies available in this PE range
603283 19.3xIndustry Avg. 35.8xNo. of Companies56PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603283 is good value based on its Price-To-Earnings Ratio (19.3x) compared to the CN Machinery industry average (35.8x).


Price to Earnings Ratio vs Fair Ratio

What is 603283'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.

603283 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.3x
Fair PE Ratio24.8x

Price-To-Earnings vs Fair Ratio: 603283 is good value based on its Price-To-Earnings Ratio (19.3x) compared to the estimated Fair Price-To-Earnings Ratio (24.8x).


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.


Discover undervalued companies