Hubei Chaozhuo Aviation Technology Co., Ltd.

SHSE:688237 Stock Report

Market Cap: CN¥2.3b

Hubei Chaozhuo Aviation Technology Valuation

Is 688237 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 688237 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688237 (CN¥26.3) is trading above our estimate of fair value (CN¥8.19)

Significantly Below Fair Value: 688237 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688237?

Key metric: As 688237 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688237. This is calculated by dividing 688237's market cap by their current revenue.
What is 688237's PS Ratio?
PS Ratio6.4x
SalesCN¥360.29m
Market CapCN¥2.32b

Price to Sales Ratio vs Peers

How does 688237's PS Ratio compare to its peers?

The above table shows the PS ratio for 688237 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average8x
001316 Lubair Aviation Technology
2.8x12.9%CN¥2.5b
002933 Beijing Emerging Eastern Aviation Equipment
8.7xn/aCN¥4.0b
688510 Wuxi HyatechLtd
6.7x23.8%CN¥4.4b
688287 Guandian Defense TechnologyLtd
14xn/aCN¥2.4b
688237 Hubei Chaozhuo Aviation Technology
6.4x31.2%CN¥2.3b

Price-To-Sales vs Peers: 688237 is good value based on its Price-To-Sales Ratio (6.4x) compared to the peer average (8x).

Price to Sales Ratio vs Industry

How does 688237's PS Ratio compare vs other companies in the CN Aerospace & Defense Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
600038 Avicopter
1.5x21.6%US$4.65b
No more companies available in this PS range
688237 6.4xIndustry Avg. 8.5xNo. of Companies9PS0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 688237 is good value based on its Price-To-Sales Ratio (6.4x) compared to the CN Aerospace & Defense industry average (8.5x).

Price to Sales Ratio vs Fair Ratio

What is 688237's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

688237 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.4x
Fair PS Ratio2.5x

Price-To-Sales vs Fair Ratio: 688237 is expensive based on its Price-To-Sales Ratio (6.4x) compared to the estimated Fair Price-To-Sales Ratio (2.5x).

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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