Shenzhen Highpower Technology Valuation

Q: What is the Fair Price of 001283 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

001283 (CN¥33.03) is trading below our estimate of [[fair value]] (CN¥42.26)

Is 001283 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 001283 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 001283 (CN¥33.03) is trading below our estimate of fair value (CN¥42.26)

Significantly Below Fair Value: 001283 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 001283?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 001283. This is calculated by dividing 001283's market cap by their current preferred multiple.
What is 001283's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥2.67b

001283 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	0.8x
Enterprise Value/EBITDA	12.1x
PEG Ratio	0.6x

Price to Earnings Ratio vs Peers

How does 001283's PE Ratio compare to its peers?

The above table shows the PE ratio for 001283 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	33.7x
301121 Chongqing VDL Electronics	69.1x	n/a	CN¥2.5b
605066 Zhejiang Tengen ElectricsLtd	19.6x	n/a	CN¥2.6b
600379 Shaanxi Baoguang Vacuum Electric Device	33.4x	n/a	CN¥2.6b
301278 QC Solar	12.5x	n/a	CN¥2.4b
001283 Shenzhen Highpower Technology	50.2x	82.0%	CN¥2.7b

Price-To-Earnings vs Peers: 001283 is expensive based on its Price-To-Earnings Ratio (50.2x) compared to the peer average (33.7x).

Price to Earnings Ratio vs Industry

How does 001283's PE Ratio compare vs other companies in the CN Electrical Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.4%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 001283 is expensive based on its Price-To-Earnings Ratio (50.2x) compared to the CN Electrical industry average (26.3x).

Price to Earnings Ratio vs Fair Ratio

What is 001283'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.

001283 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	50.2x
Fair PE Ratio	78.1x

Price-To-Earnings vs Fair Ratio: 001283 is good value based on its Price-To-Earnings Ratio (50.2x) compared to the estimated Fair Price-To-Earnings Ratio (78.1x).

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.