Yantai Eddie Precision Machinery Co., Ltd.

SHSE:603638 Stock Report

Market Cap: CN¥14.3b

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¥17.19) is trading above our estimate of fair value (CN¥2.43)

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 Ratio41.3x
EarningsCN¥347.15m
Market CapCN¥14.32b

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 Average21.9x
603337 Jack TechnologyLtd
18.5x21.6%CN¥13.8b
600388 Fujian Longking
29.9x37.1%CN¥15.4b
600499 Keda Industrial Group
19.5x28.9%CN¥15.1b
603218 Riyue Heavy IndustryLtd
19.6x18.5%CN¥12.4b
603638 Yantai Eddie Precision Machinery
41.3x14.6%CN¥14.3b

Price-To-Earnings vs Peers: 603638 is expensive based on its Price-To-Earnings Ratio (41.3x) compared to the peer average (21.9x).

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
4.8xn/aUS$413.50m
No more companies available in this PE range
603638 41.3xIndustry Avg. 35.7xNo. of Companies59PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603638 is expensive based on its Price-To-Earnings Ratio (41.3x) compared to the CN Machinery industry average (35.7x).

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 Ratio41.3x
Fair PE Ratio19x

Price-To-Earnings vs Fair Ratio: 603638 is expensive based on its Price-To-Earnings Ratio (41.3x) compared to the estimated Fair Price-To-Earnings Ratio (19x).

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¥17.19
CN¥19.56
+13.8%
13.8%CN¥22.00CN¥15.80n/a3
Dec ’25CN¥16.42
CN¥18.34
+11.7%
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¥17.30CN¥16.423
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

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:21
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Yantai Eddie Precision Machinery Co., Ltd. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bo ChenChasing Securities
Hongwei HuangChasing Securities
Jing ZouChina International Capital Corporation Limited