Shenzhen INVT Electric Co.,Ltd

SZSE:002334 Stock Report

Market Cap: CN¥6.1b

Shenzhen INVT ElectricLtd Valuation

Is 002334 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 002334 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002334 (CN¥7.65) is trading above our estimate of fair value (CN¥1.47)

Significantly Below Fair Value: 002334 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002334?

Key metric: As 002334 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002334. This is calculated by dividing 002334's market cap by their current earnings.
What is 002334's PE Ratio?
PE Ratio27.5x
EarningsCN¥223.35m
Market CapCN¥6.14b

Price to Earnings Ratio vs Peers

How does 002334's PE Ratio compare to its peers?

The above table shows the PE ratio for 002334 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.2x
300351 Zhejiang Yonggui Electric Equipment
62.8x23.4%CN¥7.0b
605196 Hebei Huatong Wires and Cables Group
17.1x27.0%CN¥6.0b
001208 Hunan Valin Wire & CableLtd
46.8xn/aCN¥5.2b
002922 Eaglerise Electric & Electronic (China)
26x35.7%CN¥6.6b
002334 Shenzhen INVT ElectricLtd
27.5x34.8%CN¥6.1b

Price-To-Earnings vs Peers: 002334 is good value based on its Price-To-Earnings Ratio (27.5x) compared to the peer average (38.2x).


Price to Earnings Ratio vs Industry

How does 002334's PE Ratio compare vs other companies in the CN Electrical Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
300023 Bode Energy Equipment
3.6xn/aUS$51.42m
No more companies available in this PE range
002334 27.5xIndustry Avg. 37.2xNo. of Companies38PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002334 is good value based on its Price-To-Earnings Ratio (27.5x) compared to the CN Electrical industry average (37.6x).


Price to Earnings Ratio vs Fair Ratio

What is 002334'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.

002334 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.5x
Fair PE Ratio27.9x

Price-To-Earnings vs Fair Ratio: 002334 is good value based on its Price-To-Earnings Ratio (27.5x) compared to the estimated Fair Price-To-Earnings Ratio (27.9x).


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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