Yantai Eddie Precision Machinery Co., Ltd.

SHSE:603638 Stock Report

Market Cap: CN¥13.8b

Yantai Eddie Precision Machinery Valuation

Is 603638 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 603638 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603638 (CN¥16.6) is trading above our estimate of fair value (CN¥2.44)

Significantly Below Fair Value: 603638 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603638?

Key metric: As 603638 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603638. This is calculated by dividing 603638's market cap by their current earnings.
What is 603638's PE Ratio?
PE Ratio39.8x
EarningsCN¥347.15m
Market CapCN¥13.83b

Price to Earnings Ratio vs Peers

How does 603638's PE Ratio compare to its peers?

The above table shows the PE ratio for 603638 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25x
603337 Jack TechnologyLtd
18.7x21.6%CN¥13.9b
600388 Fujian Longking
27.5x36.7%CN¥14.2b
603218 Riyue Heavy IndustryLtd
20.5x16.1%CN¥13.0b
002698 Harbin Boshi Automation
33.3x12.7%CN¥15.0b
603638 Yantai Eddie Precision Machinery
39.8x12.1%CN¥13.8b

Price-To-Earnings vs Peers: 603638 is expensive based on its Price-To-Earnings Ratio (39.8x) compared to the peer average (25x).

Price to Earnings Ratio vs Industry

How does 603638's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.9xn/aUS$421.91m
No more companies available in this PE range
603638 39.8xIndustry Avg. 35.0xNo. of Companies56PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603638 is expensive based on its Price-To-Earnings Ratio (39.8x) compared to the CN Machinery industry average (34.1x).

Price to Earnings Ratio vs Fair Ratio

What is 603638'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.

603638 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.8x
Fair PE Ratio17.9x

Price-To-Earnings vs Fair Ratio: 603638 is expensive based on its Price-To-Earnings Ratio (39.8x) compared to the estimated Fair Price-To-Earnings Ratio (17.9x).

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 603638 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥16.60
CN¥18.34
+10.5%
13.8%CN¥20.88CN¥15.80n/a2
Nov ’25CN¥16.50
CN¥17.65
+6.9%
10.5%CN¥19.49CN¥15.80n/a2
Oct ’25CN¥17.16
CN¥17.65
+2.8%
10.5%CN¥19.49CN¥15.80n/a2
Sep ’25CN¥15.37
CN¥17.65
+14.8%
10.5%CN¥19.49CN¥15.80n/a2
Aug ’25CN¥14.29
CN¥18.50
+29.4%
5.4%CN¥19.49CN¥17.50n/a2
Jul ’25CN¥14.09
CN¥18.50
+31.3%
5.4%CN¥19.49CN¥17.50n/a2
Jun ’25CN¥15.93
CN¥19.00
+19.3%
5.7%CN¥20.00CN¥17.50n/a3
May ’25CN¥17.38
CN¥18.93
+8.9%
6.2%CN¥20.00CN¥17.30n/a3
Apr ’25CN¥16.36
CN¥18.93
+15.7%
6.2%CN¥20.00CN¥17.30n/a3
Mar ’25CN¥16.35
CN¥18.93
+15.8%
6.2%CN¥20.00CN¥17.30n/a3
Feb ’25CN¥13.75
CN¥18.93
+37.7%
6.2%CN¥20.00CN¥17.30n/a3
Jan ’25CN¥16.25
CN¥18.93
+16.5%
6.2%CN¥20.00CN¥17.30n/a3
Dec ’24CN¥16.36
CN¥18.93
+15.7%
6.2%CN¥20.00CN¥17.30n/a3
Nov ’24CN¥16.46
CN¥18.40
+11.8%
6.0%CN¥19.49CN¥17.30CN¥16.502
Oct ’24CN¥17.72
CN¥18.40
+3.8%
6.0%CN¥19.49CN¥17.30CN¥17.162
Sep ’24CN¥18.12
CN¥18.40
+1.5%
6.0%CN¥19.49CN¥17.30CN¥15.372
Aug ’24CN¥18.63
CN¥18.40
-1.3%
6.0%CN¥19.49CN¥17.30CN¥14.292
Jul ’24CN¥20.52
CN¥18.40
-10.4%
6.0%CN¥19.49CN¥17.30CN¥14.092
Jun ’24CN¥17.73
CN¥18.40
+3.8%
6.0%CN¥19.49CN¥17.30CN¥15.932
May ’24CN¥17.00
CN¥18.05
+6.1%
8.0%CN¥19.49CN¥16.60CN¥17.382
Apr ’24CN¥18.09
CN¥18.05
-0.2%
8.0%CN¥19.49CN¥16.60CN¥16.362
Mar ’24CN¥19.60
CN¥18.05
-7.9%
8.0%CN¥19.49CN¥16.60CN¥16.352
Feb ’24CN¥16.33
CN¥18.05
+10.5%
8.0%CN¥19.49CN¥16.60CN¥13.752
Jan ’24CN¥14.92
CN¥18.05
+20.9%
8.0%CN¥19.49CN¥16.60CN¥16.252
Dec ’23CN¥16.02
CN¥18.05
+12.6%
8.0%CN¥19.49CN¥16.60CN¥16.362
Nov ’23CN¥15.31
CN¥18.05
+17.9%
8.0%CN¥19.49CN¥16.60CN¥16.462

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

Discover undervalued companies

Goneo Group

CN¥94.6b

Provides electrical products.

603195

CN¥73.20

7D

-2.9%

1Y

8.3%

Goneo Group

CN¥94.6b

Provides electrical products.

603195

CN¥73.20

7D

-2.9%

1Y

8.3%

China State Construction Engineering

CN¥253.8b

Operates as an investment and construction company in China and internationally.

601668

CN¥6.10

7D

0.2%

1Y

19.1%