Ocean's King Lighting Science & Technology Valuation
Is 002724 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 002724 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002724 (CN¥5.55) is trading below our estimate of fair value (CN¥12.62)
Significantly Below Fair Value: 002724 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 002724?
Key metric: As 002724 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 002724's PS Ratio? | |
|---|---|
| PS Ratio | 2.5x |
| Sales | CN¥1.65b |
| Market Cap | CN¥4.19b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.1x |
| Enterprise Value/EBITDA | -5074.1x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 002724's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 3.7x | ||
600590 Tellhow Sci-Tech | 1.2x | 19.2% | CN¥4.5b |
600261 Zhejiang Yankon Group | 1.4x | n/a | CN¥4.4b |
300808 Guangdong DPLtd | 9.8x | n/a | CN¥4.0b |
600152 Veken Technology | 2.3x | n/a | CN¥3.6b |
002724 Ocean's King Lighting Science & Technology | 2.5x | n/a | CN¥4.2b |
Price-To-Sales vs Peers: 002724 is good value based on its Price-To-Sales Ratio (2.5x) compared to the peer average (3.7x).
Price to Sales Ratio vs Industry
How does 002724's PS Ratio compare vs other companies in the CN Electrical Industry?
| 6 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
605222 Shanghai QiFan Cable | 0.3x | 10.2% | US$933.98m |
600973 Baosheng Science and Technology InnovationLtd | 0.1x | 4.2% | US$791.84m |
603897 Zhejiang grandwall electric science&technologyltd | 0.4x | n/a | US$638.48m |
002300 Fujian Nanping Sun Cable | 0.3x | n/a | US$560.77m |
| 6 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Sales vs Industry: 002724 is expensive based on its Price-To-Sales Ratio (2.5x) compared to the CN Electrical industry average (2.4x).
Price to Sales Ratio vs Fair Ratio
What is 002724'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 2.5x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002724'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.
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