QC Solar Valuation

Q: What is the Fair Price of 301278 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

301278 (CN¥37.92) is trading above our estimate of [[fair value]] (CN¥35.81)

Is 301278 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 301278 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 301278 (CN¥37.92) is trading above our estimate of fair value (CN¥35.81)

Significantly Below Fair Value: 301278 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301278?

Key metric: As 301278 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 301278. This is calculated by dividing 301278's market cap by their current earnings.
What is 301278's PE Ratio?
PE Ratio	23.2x
Earnings	CN¥136.07m
Market Cap	CN¥3.09b

301278 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.8x
Enterprise Value/EBITDA	22.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 301278's PE Ratio compare to its peers?

The above table shows the PE ratio for 301278 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	35.6x
000533 Guangdong Shunna Electric	35.2x	n/a	CN¥3.1b
002730 Dianguang Explosion-proof TechnologyLtd	28.1x	n/a	CN¥2.9b
600379 Shaanxi Baoguang Vacuum Electric Device	39.9x	18.1%	CN¥3.3b
301168 Jiangsu TongLin ElectricLtd	39.1x	43.3%	CN¥3.5b
301278 QC Solar	23.2x	n/a	CN¥3.1b

Price-To-Earnings vs Peers: 301278 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (35.6x).

Price to Earnings Ratio vs Industry

How does 301278's PE Ratio compare vs other companies in the CN Electrical Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
300023 Bode Energy Equipment	3.6x	n/a	US$51.42m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 301278 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the CN Electrical industry average (35.1x).

Price to Earnings Ratio vs Fair Ratio

What is 301278'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.

301278 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 301278'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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