Zhejiang Hongchang Electrical Technology Co., Ltd.

SZSE:301008 Stock Report

Market Cap: CN¥2.2b

Zhejiang Hongchang Electrical Technology Valuation

Is 301008 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 301008 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 301008 (CN¥19.67) is trading above our estimate of fair value (CN¥6.9)

Significantly Below Fair Value: 301008 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301008?

Key metric: As 301008 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 301008. This is calculated by dividing 301008's market cap by their current earnings.
What is 301008's PE Ratio?
PE Ratio29.9x
EarningsCN¥72.51m
Market CapCN¥2.17b

Price to Earnings Ratio vs Peers

How does 301008's PE Ratio compare to its peers?

The above table shows the PE ratio for 301008 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47.4x
301157 Hangzhou Huasu TechnologyLtd
58.7xn/aCN¥2.4b
001326 Shenzhen SNC Opto ElectronicLtd
22.8xn/aCN¥2.6b
301359 Dongnan ElectronicsLtd
45.8xn/aCN¥2.0b
688191 Zhiyang Innovation Technology
62.4xn/aCN¥2.8b
301008 Zhejiang Hongchang Electrical Technology
29.9xn/aCN¥2.2b

Price-To-Earnings vs Peers: 301008 is good value based on its Price-To-Earnings Ratio (29.9x) compared to the peer average (47.4x).

Price to Earnings Ratio vs Industry

How does 301008'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
301008 29.9xIndustry Avg. 35.7xNo. of Companies36PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 301008 is good value based on its Price-To-Earnings Ratio (29.9x) compared to the CN Electrical industry average (35.7x).

Price to Earnings Ratio vs Fair Ratio

What is 301008'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.

301008 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 301008's Price-To-Earnings Fair Ratio for valuation analysis.

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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