Suzhou Recodeal Interconnect SystemLtd (SHSE:688800) Stock Valuation, Peer Comparison & Price Targets

Q: What is the Fair Price of 688800 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

688800 (CN¥38.6) is trading below our estimate of [[fair value]] (CN¥55.3)

Share Price vs Fair Value

What is the Fair Price of 688800 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688800 (CN¥38.6) is trading below our estimate of fair value (CN¥55.3)

Significantly Below Fair Value: 688800 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688800?

Key metric: As 688800 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688800. This is calculated by dividing 688800's market cap by their current earnings.
What is 688800's PE Ratio?
PE Ratio	41.4x
Earnings	CN¥146.96m
Market Cap	CN¥6.08b

688800 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	2.7x
Enterprise Value/EBITDA	28.5x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does 688800's PE Ratio compare to its peers?

The above table shows the PE ratio for 688800 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	23.3x
300833 Guangzhou Haoyang ElectronicLtd	17.9x	22.7%	CN¥5.6b
002922 Eaglerise Electric & Electronic (China)	25x	35.7%	CN¥6.4b
688698 Suzhou Veichi Electric	27.5x	26.1%	CN¥6.7b
000922 Harbin Electric Corporation Jiamusi Electric MachineLtd	22.7x	29.6%	CN¥6.7b
688800 Suzhou Recodeal Interconnect SystemLtd	41.4x	32.5%	CN¥6.1b

Price-To-Earnings vs Peers: 688800 is expensive based on its Price-To-Earnings Ratio (41.4x) compared to the peer average (23.3x).

Price to Earnings Ratio vs Industry

How does 688800's PE Ratio compare vs other companies in the CN Electrical Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
300023 Bode Energy Equipment	3.6x	n/a	US$51.42m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 688800 is expensive based on its Price-To-Earnings Ratio (41.4x) compared to the CN Electrical industry average (36x).

Price to Earnings Ratio vs Fair Ratio

What is 688800'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.

688800 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	41.4x
Fair PE Ratio	29.9x

Price-To-Earnings vs Fair Ratio: 688800 is expensive based on its Price-To-Earnings Ratio (41.4x) compared to the estimated Fair Price-To-Earnings Ratio (29.9x).

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 688800 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¥38.60	CN¥36.00 -6.7%	33.3%	CN¥51.00	CN¥16.00	n/a	5
Nov ’25	CN¥36.17	CN¥36.00 -0.5%	33.3%	CN¥51.00	CN¥16.00	n/a	5
Oct ’25	CN¥28.80	CN¥32.49 +12.8%	30.4%	CN¥46.00	CN¥16.00	n/a	5
Sep ’25	CN¥22.10	CN¥34.89 +57.9%	18.5%	CN¥46.00	CN¥28.00	n/a	5
Aug ’25	CN¥25.63	CN¥36.77 +43.5%	16.6%	CN¥46.00	CN¥28.00	n/a	5
Jul ’25	CN¥27.58	CN¥36.77 +33.3%	16.6%	CN¥46.00	CN¥28.00	n/a	5
Jun ’25	CN¥30.01	CN¥36.77 +22.5%	16.6%	CN¥46.00	CN¥28.00	n/a	5
May ’25	CN¥31.10	CN¥39.21 +26.1%	28.0%	CN¥57.00	CN¥28.00	n/a	4
Apr ’25	CN¥31.01	CN¥45.82 +47.7%	19.6%	CN¥57.00	CN¥32.00	n/a	4
Mar ’25	CN¥29.44	CN¥48.32 +64.1%	11.3%	CN¥57.00	CN¥42.00	n/a	4
Feb ’25	CN¥25.65	CN¥48.32 +88.4%	11.3%	CN¥57.00	CN¥42.00	n/a	4
Jan ’25	CN¥40.18	CN¥51.82 +29.0%	10.3%	CN¥60.00	CN¥46.20	n/a	4
Dec ’24	CN¥43.53	CN¥56.74 +30.3%	19.3%	CN¥76.43	CN¥46.20	n/a	5
Nov ’24	CN¥38.98	CN¥57.34 +47.1%	19.5%	CN¥76.43	CN¥46.20	CN¥36.17	5
Oct ’24	CN¥39.13	CN¥59.66 +52.5%	19.1%	CN¥76.43	CN¥46.20	CN¥28.80	4
Sep ’24	CN¥41.55	CN¥60.97 +46.7%	19.3%	CN¥76.43	CN¥46.20	CN¥22.10	5
Aug ’24	CN¥49.98	CN¥72.41 +44.9%	6.1%	CN¥76.43	CN¥65.00	CN¥25.63	4
Jul ’24	CN¥62.15	CN¥72.91 +17.3%	6.6%	CN¥77.00	CN¥65.00	CN¥27.58	4
Jun ’24	CN¥52.55	CN¥71.55 +36.1%	6.7%	CN¥76.43	CN¥65.00	CN¥30.01	3
May ’24	CN¥54.51	CN¥78.69 +44.3%	17.7%	CN¥97.86	CN¥65.00	CN¥31.10	3
Apr ’24	CN¥60.51	CN¥103.31 +70.7%	4.5%	CN¥109.29	CN¥97.86	CN¥31.01	3
Mar ’24	CN¥72.50	CN¥106.04 +46.3%	3.1%	CN¥109.29	CN¥102.79	CN¥29.44	2
Feb ’24	CN¥81.61	CN¥106.04 +29.9%	3.1%	CN¥109.29	CN¥102.79	CN¥25.65	2
Jan ’24	CN¥76.20	CN¥106.04 +39.2%	3.1%	CN¥109.29	CN¥102.79	CN¥40.18	2
Dec ’23	CN¥82.47	CN¥112.11 +35.9%	8.3%	CN¥121.43	CN¥102.79	CN¥43.53	2

Analyst Forecast: Target price is lower than the current share price.

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Suzhou Recodeal Interconnect SystemLtd Valuation