Han's Laser Technology Industry Group Co., Ltd.

SZSE:002008 Stock Report

Market Cap: CN¥29.0b

Han's Laser Technology Industry Group Valuation

Is 002008 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-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 002008 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002008 (CN¥27.86) is trading above our estimate of fair value (CN¥5.41)

Significantly Below Fair Value: 002008 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002008?

Key metric: As 002008 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002008. This is calculated by dividing 002008's market cap by their current earnings.
What is 002008's PE Ratio?
PE Ratio18x
EarningsCN¥1.61b
Market CapCN¥28.97b

Price to Earnings Ratio vs Peers

How does 002008's PE Ratio compare to its peers?

The above table shows the PE ratio for 002008 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.4x
000039 China International Marine Containers (Group)
27.2x35.2%CN¥36.2b
600765 AVIC Heavy Machinery
23.6x19.5%CN¥31.0b
600582 Tiandi Science & TechnologyLtd
10x12.1%CN¥25.7b
000519 North Industries Group Red Arrow
36.8x17.8%CN¥20.7b
002008 Han's Laser Technology Industry Group
18x-11.5%CN¥29.0b

Price-To-Earnings vs Peers: 002008 is good value based on its Price-To-Earnings Ratio (18x) compared to the peer average (24.4x).

Price to Earnings Ratio vs Industry

How does 002008'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
002008 18.0xIndustry Avg. 34.1xNo. of Companies56PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002008 is good value based on its Price-To-Earnings Ratio (18x) compared to the CN Machinery industry average (34.1x).

Price to Earnings Ratio vs Fair Ratio

What is 002008'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.

002008 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18x
Fair PE Ratio12.6x

Price-To-Earnings vs Fair Ratio: 002008 is expensive based on its Price-To-Earnings Ratio (18x) compared to the estimated Fair Price-To-Earnings Ratio (12.6x).

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 002008 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥27.86
CN¥24.63
-11.6%
18.2%CN¥35.00CN¥18.30n/a10
Nov ’25CN¥24.99
CN¥24.59
-1.6%
18.3%CN¥35.00CN¥18.30n/a10
Oct ’25CN¥23.53
CN¥24.39
+3.7%
21.7%CN¥35.00CN¥18.30n/a10
Sep ’25CN¥19.24
CN¥24.44
+27.0%
21.6%CN¥35.00CN¥18.30n/a10
Aug ’25CN¥21.95
CN¥23.84
+8.6%
23.8%CN¥35.00CN¥17.10n/a10
Jul ’25CN¥20.93
CN¥23.45
+12.0%
22.5%CN¥35.00CN¥17.10n/a12
Jun ’25CN¥20.47
CN¥23.31
+13.9%
23.0%CN¥35.00CN¥17.10n/a12
May ’25CN¥21.09
CN¥23.12
+9.6%
23.7%CN¥35.00CN¥17.10n/a12
Apr ’25CN¥19.29
CN¥24.05
+24.7%
21.4%CN¥35.00CN¥17.60n/a12
Mar ’25CN¥20.26
CN¥24.38
+20.4%
21.0%CN¥35.00CN¥17.60n/a12
Feb ’25CN¥16.51
CN¥24.93
+51.0%
18.9%CN¥35.00CN¥19.30n/a12
Jan ’25CN¥20.72
CN¥25.20
+21.6%
17.8%CN¥35.00CN¥20.00n/a12
Dec ’24CN¥21.95
CN¥25.20
+14.8%
17.8%CN¥35.00CN¥20.00n/a12
Nov ’24CN¥21.46
CN¥26.31
+22.6%
22.0%CN¥39.60CN¥20.00CN¥24.9913
Oct ’24CN¥23.08
CN¥28.69
+24.3%
17.8%CN¥39.60CN¥21.50CN¥23.5313
Sep ’24CN¥22.35
CN¥29.61
+32.5%
16.5%CN¥39.60CN¥24.10CN¥19.2414
Aug ’24CN¥24.39
CN¥34.67
+42.2%
12.2%CN¥40.00CN¥26.00CN¥21.9514
Jul ’24CN¥26.20
CN¥34.74
+32.6%
11.9%CN¥40.00CN¥26.00CN¥20.9314
Jun ’24CN¥24.86
CN¥34.74
+39.8%
11.9%CN¥40.00CN¥26.00CN¥20.4714
May ’24CN¥26.12
CN¥35.66
+36.5%
9.4%CN¥40.00CN¥28.70CN¥21.0914
Apr ’24CN¥30.35
CN¥38.43
+26.6%
9.1%CN¥46.00CN¥33.20CN¥19.2913
Mar ’24CN¥29.50
CN¥38.60
+30.9%
8.9%CN¥46.00CN¥33.20CN¥20.2614
Feb ’24CN¥28.33
CN¥37.10
+31.0%
13.9%CN¥46.00CN¥25.10CN¥16.5114
Jan ’24CN¥25.65
CN¥36.67
+43.0%
14.0%CN¥46.00CN¥25.10CN¥20.7214
Dec ’23CN¥27.34
CN¥36.87
+34.8%
14.0%CN¥46.00CN¥25.10CN¥21.9514
Nov ’23CN¥26.09
CN¥37.46
+43.6%
16.2%CN¥50.00CN¥25.10CN¥21.4614

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

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