Integrated Electronic Systems Lab Co., Ltd.

XSEC:002339 Stock Report

Market Cap: CN¥3.8b

Integrated Electronic Systems Lab Valuation

Is 002339 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 002339 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002339 (CN¥7.47) is trading above our estimate of fair value (CN¥1.21)

Significantly Below Fair Value: 002339 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002339?

Key metric: As 002339 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002339. This is calculated by dividing 002339's market cap by their current revenue.
What is 002339's PS Ratio?
PS Ratio1.5x
SalesCN¥2.53b
Market CapCN¥3.77b

Price to Sales Ratio vs Peers

How does 002339's PS Ratio compare to its peers?

The above table shows the PS ratio for 002339 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.1x
300265 Jiangsu Tongguang Electronic Wire & Cable
1.7xn/aCN¥3.9b
300890 Shanghai XFH Technology
2.5xn/aCN¥3.7b
300018 Wuhan Zhongyuan Huadian Science & TechnologyLtd
6.7xn/aCN¥3.4b
300407 Tianjin Keyvia ElectricLtd
1.6xn/aCN¥3.6b
002339 Integrated Electronic Systems Lab
1.5xn/aCN¥3.8b

Price-To-Sales vs Peers: 002339 is good value based on its Price-To-Sales Ratio (1.5x) compared to the peer average (3.1x).

Price to Sales Ratio vs Industry

How does 002339's PS Ratio compare vs other companies in the CN Electrical Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
605222 Shanghai QiFan Cable
0.3x10.2%US$933.18m
600973 Baosheng Science and Technology InnovationLtd
0.1x4.2%US$791.17m
603897 Zhejiang grandwall electric science&technologyltd
0.4xn/aUS$637.94m
002300 Fujian Nanping Sun Cable
0.3xn/aUS$560.29m
002339 1.5xIndustry Avg. 2.4xNo. of Companies43PS01.63.24.86.48+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 002339 is good value based on its Price-To-Sales Ratio (1.5x) compared to the CN Electrical industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is 002339's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

002339 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002339's Price-To-Sales 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.

Discover undervalued companies

Beijing Sifang AutomationLtd

CN¥14.2b

Supplies power transmission, transformation protection, automation systems, power generation, enterprise power, and power distribution and consumption systems in China and internationally.

601126

CN¥17.02

7D

-6.8%

1Y

21.1%

China National Chemical Engineering

CN¥49.9b

An industrial engineering company, engages in the general contracting of construction, infrastructure, and overseas projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China.

601117

CN¥8.16

7D

-4.9%

1Y

23.8%

Goneo Group

CN¥93.0b

Provides electrical products.

603195

CN¥70.49

7D

-4.4%

1Y

4.5%