Harbin Boshi Automation Co., Ltd.

XSEC:002698 Stock Report

Market Cap: CN¥16.0b

Harbin Boshi Automation Valuation

Is 002698 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 002698 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002698 (CN¥15.72) is trading above our estimate of fair value (CN¥1.18)

Significantly Below Fair Value: 002698 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002698?

Key metric: As 002698 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002698. This is calculated by dividing 002698's market cap by their current earnings.
What is 002698's PE Ratio?
PE Ratio35.3x
EarningsCN¥452.00m
Market CapCN¥15.96b

Price to Earnings Ratio vs Peers

How does 002698's PE Ratio compare to its peers?

The above table shows the PE ratio for 002698 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.7x
301200 Shenzhen Han's CNC Technology
83.9x54.1%CN¥14.7b
000967 Infore Environment Technology Group
31.3x24.7%CN¥15.5b
002270 Huaming Power EquipmentLtd
27.3x19.8%CN¥15.4b
600499 Keda Industrial Group
20.4x28.9%CN¥15.5b
002698 Harbin Boshi Automation
35.3x12.7%CN¥16.0b

Price-To-Earnings vs Peers: 002698 is good value based on its Price-To-Earnings Ratio (35.3x) compared to the peer average (39.9x).


Price to Earnings Ratio vs Industry

How does 002698's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$397.65m
No more companies available in this PE range
002698 35.3xIndustry Avg. 34.7xNo. of Companies53PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002698 is expensive based on its Price-To-Earnings Ratio (35.3x) compared to the CN Machinery industry average (35x).


Price to Earnings Ratio vs Fair Ratio

What is 002698'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.

002698 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.3x
Fair PE Ratio20x

Price-To-Earnings vs Fair Ratio: 002698 is expensive based on its Price-To-Earnings Ratio (35.3x) compared to the estimated Fair Price-To-Earnings Ratio (20x).


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