Sungrow Power Supply Co., Ltd.

SZSE:300274 Stock Report

Market Cap: CN¥164.8b

Sungrow Power Supply Valuation

Is 300274 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 300274 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300274 (CN¥80.09) is trading above our estimate of fair value (CN¥42.95)

Significantly Below Fair Value: 300274 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300274?

Key metric: As 300274 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300274. This is calculated by dividing 300274's market cap by their current earnings.
What is 300274's PE Ratio?
PE Ratio16.8x
EarningsCN¥9.82b
Market CapCN¥164.76b

Price to Earnings Ratio vs Peers

How does 300274's PE Ratio compare to its peers?

The above table shows the PE ratio for 300274 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.8x
300014 EVE Energy
25.1x27.3%CN¥95.7b
603195 Goneo Group
20.6x10.3%CN¥89.2b
002074 Gotion High-techLtd
38.8x25.7%CN¥41.1b
002028 Sieyuan Electric
30.8x21.9%CN¥58.5b
300274 Sungrow Power Supply
16.8x13.1%CN¥164.8b

Price-To-Earnings vs Peers: 300274 is good value based on its Price-To-Earnings Ratio (16.8x) compared to the peer average (28.8x).

Price to Earnings Ratio vs Industry

How does 300274'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
300274 16.8xIndustry Avg. 36.0xNo. of Companies35PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300274 is good value based on its Price-To-Earnings Ratio (16.8x) compared to the CN Electrical industry average (36x).

Price to Earnings Ratio vs Fair Ratio

What is 300274'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.

300274 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.8x
Fair PE Ratio28.7x

Price-To-Earnings vs Fair Ratio: 300274 is good value based on its Price-To-Earnings Ratio (16.8x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).

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 300274 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥80.09
CN¥98.96
+23.6%
16.1%CN¥121.80CN¥63.00n/a16
Nov ’25CN¥88.20
CN¥99.46
+12.8%
16.1%CN¥123.00CN¥63.00n/a16
Oct ’25CN¥99.58
CN¥92.87
-6.7%
19.0%CN¥136.00CN¥63.00n/a16
Sep ’25CN¥77.00
CN¥92.37
+20.0%
19.2%CN¥136.00CN¥63.00n/a16
Aug ’25CN¥67.90
CN¥90.27
+32.9%
17.5%CN¥136.00CN¥65.00n/a16
Jul ’25CN¥63.15
CN¥90.07
+42.6%
18.0%CN¥136.00CN¥65.00n/a15
Jun ’25CN¥70.49
CN¥91.25
+29.4%
18.9%CN¥142.86CN¥64.29n/a15
May ’25CN¥73.82
CN¥91.40
+23.8%
19.0%CN¥142.86CN¥64.29n/a15
Apr ’25CN¥77.89
CN¥89.80
+15.3%
19.1%CN¥136.43CN¥61.43n/a14
Mar ’25CN¥62.55
CN¥86.03
+37.5%
22.9%CN¥136.43CN¥56.79n/a15
Feb ’25CN¥57.54
CN¥87.65
+52.3%
28.4%CN¥142.86CN¥56.79n/a15
Jan ’25CN¥62.56
CN¥89.02
+42.3%
29.3%CN¥142.86CN¥57.14n/a15
Dec ’24CN¥59.45
CN¥91.16
+53.3%
27.4%CN¥142.86CN¥57.14n/a15
Nov ’24CN¥58.66
CN¥91.81
+56.5%
28.8%CN¥142.86CN¥57.14CN¥88.2016
Oct ’24CN¥63.94
CN¥99.95
+56.3%
24.5%CN¥142.86CN¥59.29CN¥99.5817
Sep ’24CN¥71.78
CN¥106.14
+47.9%
20.2%CN¥142.86CN¥64.29CN¥77.0015
Aug ’24CN¥75.79
CN¥102.73
+35.6%
16.9%CN¥139.29CN¥64.29CN¥67.9015
Jul ’24CN¥83.31
CN¥102.37
+22.9%
18.9%CN¥153.57CN¥64.29CN¥63.1515
Jun ’24CN¥76.89
CN¥102.88
+33.8%
19.4%CN¥153.57CN¥64.29CN¥70.4914
May ’24CN¥80.53
CN¥103.60
+28.6%
19.5%CN¥153.57CN¥64.29CN¥73.8213
Apr ’24CN¥74.90
CN¥111.03
+48.2%
20.3%CN¥153.57CN¥64.29CN¥77.8911
Mar ’24CN¥82.43
CN¥112.98
+37.1%
18.7%CN¥153.57CN¥64.29CN¥62.5511
Feb ’24CN¥90.03
CN¥112.98
+25.5%
18.7%CN¥153.57CN¥64.29CN¥57.5411
Jan ’24CN¥79.86
CN¥111.49
+39.6%
17.8%CN¥150.00CN¥64.29CN¥62.5611
Dec ’23CN¥82.79
CN¥119.21
+44.0%
10.7%CN¥150.00CN¥100.00CN¥59.4510
Nov ’23CN¥96.42
CN¥118.50
+22.9%
9.3%CN¥142.86CN¥100.00CN¥58.6610

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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