Hunan Zhongke Electric Co., Ltd.

SZSE:300035 Stock Report

Market Cap: CN¥10.7b

Hunan Zhongke Electric Valuation

Is 300035 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 300035 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300035 (CN¥15.57) is trading above our estimate of fair value (CN¥3.71)

Significantly Below Fair Value: 300035 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300035?

Key metric: As 300035 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300035. This is calculated by dividing 300035's market cap by their current earnings.
What is 300035's PE Ratio?
PE Ratio37.9x
EarningsCN¥281.54m
Market CapCN¥10.67b

Price to Earnings Ratio vs Peers

How does 300035's PE Ratio compare to its peers?

The above table shows the PE ratio for 300035 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average51x
603690 PNC Process Systems
26.7x31.0%CN¥10.0b
688333 Xi'an Bright Laser TechnologiesLtd
92.1x48.5%CN¥12.0b
688559 Hymson Laser Technology GroupLtd
54x40.8%CN¥9.6b
688789 Hangzhou Honghua Digital Technology Stock
31.3x25.0%CN¥12.4b
300035 Hunan Zhongke Electric
37.9x39.2%CN¥10.7b

Price-To-Earnings vs Peers: 300035 is good value based on its Price-To-Earnings Ratio (37.9x) compared to the peer average (51x).

Price to Earnings Ratio vs Industry

How does 300035's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$398.30m
No more companies available in this PE range
300035 37.9xIndustry Avg. 34.4xNo. of Companies56PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300035 is expensive based on its Price-To-Earnings Ratio (37.9x) compared to the CN Machinery industry average (34.4x).

Price to Earnings Ratio vs Fair Ratio

What is 300035'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.

300035 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.9x
Fair PE Ratio35.2x

Price-To-Earnings vs Fair Ratio: 300035 is expensive based on its Price-To-Earnings Ratio (37.9x) compared to the estimated Fair Price-To-Earnings Ratio (35.2x).

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 300035 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥15.57
CN¥16.90
+8.5%
0.6%CN¥17.00CN¥16.80n/a2
Jun ’25CN¥9.57
CN¥11.00
+14.9%
9.1%CN¥12.00CN¥10.00n/a2
May ’25CN¥9.77
CN¥11.00
+12.6%
9.1%CN¥12.00CN¥10.00n/a2
Apr ’25CN¥9.33
CN¥11.00
+17.9%
9.1%CN¥12.00CN¥10.00n/a2
Mar ’25CN¥9.01
CN¥11.00
+22.1%
9.1%CN¥12.00CN¥10.00n/a2
Feb ’25CN¥7.81
CN¥11.00
+40.8%
9.1%CN¥12.00CN¥10.00n/a2
Jan ’25CN¥10.54
CN¥13.00
+23.3%
7.7%CN¥14.00CN¥12.00n/a2
Dec ’24CN¥11.24
CN¥13.00
+15.7%
7.7%CN¥14.00CN¥12.00n/a2
Nov ’24CN¥10.79
CN¥13.00
+20.5%
7.7%CN¥14.00CN¥12.00CN¥13.252

Analyst Forecast: Target price is less than 20% higher than the current share price.

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