Gold cup Electric ApparatusLtd Valuation
Is 002533 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
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 002533 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002533 (CN¥9.52) is trading below our estimate of fair value (CN¥22.2)
Significantly Below Fair Value: 002533 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 002533?
Key metric: As 002533 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 002533's PE Ratio? | |
|---|---|
| PE Ratio | 11.7x |
| Earnings | CN¥590.62m |
| Market Cap | CN¥6.93b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.4x |
| Enterprise Value/EBITDA | 8x |
| PEG Ratio | 0.8x |
Price to Earnings Ratio vs Peers
How does 002533's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 36x | ||
600268 Guodian Nanjing Automation | 26.1x | n/a | CN¥7.0b |
605222 Shanghai QiFan Cable | 30.3x | 37.0% | CN¥6.7b |
300870 Shenzhen Honor Electronic | 24.3x | 14.8% | CN¥7.4b |
300351 Zhejiang Yonggui Electric Equipment | 63.3x | 23.4% | CN¥6.8b |
002533 Gold cup Electric ApparatusLtd | 11.7x | 14.4% | CN¥6.9b |
Price-To-Earnings vs Peers: 002533 is good value based on its Price-To-Earnings Ratio (11.7x) compared to the peer average (34.9x).
Price to Earnings Ratio vs Industry
How does 002533'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 |
| 1 Company | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: 002533 is good value based on its Price-To-Earnings Ratio (11.7x) compared to the CN Electrical industry average (35.3x).
Price to Earnings Ratio vs Fair Ratio
What is 002533'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.7x |
| Fair PE Ratio | 17.9x |
Price-To-Earnings vs Fair Ratio: 002533 is good value based on its Price-To-Earnings Ratio (11.7x) compared to the estimated Fair Price-To-Earnings Ratio (17.9x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | CN¥9.52 | CN¥12.47 +31.0% | 3.0% | CN¥12.90 | CN¥12.00 | n/a | 3 |
| Nov ’25 | CN¥9.50 | CN¥12.47 +31.2% | 3.0% | CN¥12.90 | CN¥12.00 | n/a | 3 |
| Oct ’25 | CN¥10.08 | CN¥12.47 +23.7% | 3.0% | CN¥12.90 | CN¥12.00 | n/a | 3 |
| Sep ’25 | CN¥8.36 | CN¥12.47 +49.1% | 3.0% | CN¥12.90 | CN¥12.00 | n/a | 3 |
| Aug ’25 | CN¥9.40 | CN¥12.63 +34.4% | 3.6% | CN¥13.00 | CN¥12.00 | n/a | 3 |
| Jul ’25 | CN¥9.90 | CN¥12.45 +25.8% | 3.6% | CN¥12.90 | CN¥12.00 | n/a | 2 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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