Zhejiang Chint Electrics Co., Ltd.

XSSC:601877 Stock Report

Market Cap: CN¥47.6b

Zhejiang Chint Electrics Valuation

Is 601877 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 601877 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601877 (CN¥22.16) is trading above our estimate of fair value (CN¥1.58)

Significantly Below Fair Value: 601877 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601877?

Key metric: As 601877 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601877. This is calculated by dividing 601877's market cap by their current earnings.
What is 601877's PE Ratio?
PE Ratio11.4x
EarningsCN¥4.19b
Market CapCN¥47.62b

Price to Earnings Ratio vs Peers

How does 601877's PE Ratio compare to its peers?

The above table shows the PE ratio for 601877 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.9x
603799 Zhejiang Huayou Cobalt
16x16.7%CN¥53.1b
601567 Ningbo Sanxing Medical ElectricLtd
19.7x21.3%CN¥44.1b
300207 Sunwoda ElectronicLtd
28.4x24.5%CN¥40.7b
002028 Sieyuan Electric
31.4x21.9%CN¥58.5b
601877 Zhejiang Chint Electrics
11.4x13.1%CN¥47.6b

Price-To-Earnings vs Peers: 601877 is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (23.4x).


Price to Earnings Ratio vs Industry

How does 601877's PE Ratio compare vs other companies in the CN Electrical Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
300023 Bode Energy Equipment
3.6xn/aUS$51.42m
No more companies available in this PE range
601877 11.4xIndustry Avg. 35.1xNo. of Companies38PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601877 is good value based on its Price-To-Earnings Ratio (11.4x) compared to the CN Electrical industry average (36x).


Price to Earnings Ratio vs Fair Ratio

What is 601877'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.

601877 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.4x
Fair PE Ratio21.8x

Price-To-Earnings vs Fair Ratio: 601877 is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (21.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 601877 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥22.16
CN¥28.44
+28.3%
26.9%CN¥42.30CN¥21.77n/a5
Nov ’25CN¥22.95
CN¥28.12
+22.5%
25.2%CN¥40.70CN¥21.77n/a5
Oct ’25CN¥22.74
CN¥29.94
+31.6%
27.8%CN¥42.00CN¥21.77n/a6
Sep ’25CN¥17.55
CN¥29.94
+70.6%
27.8%CN¥42.00CN¥21.77n/a6
Aug ’25CN¥19.14
CN¥30.00
+56.7%
27.6%CN¥42.00CN¥22.14n/a6
Jul ’25CN¥19.30
CN¥30.45
+57.8%
24.6%CN¥42.00CN¥22.14n/a7
Jun ’25CN¥21.37
CN¥30.45
+42.5%
24.6%CN¥42.00CN¥22.14n/a7
May ’25CN¥20.65
CN¥33.93
+64.3%
20.5%CN¥42.00CN¥22.14n/a6
Apr ’25CN¥20.41
CN¥35.08
+71.9%
15.1%CN¥42.00CN¥28.86n/a6
Mar ’25CN¥20.83
CN¥35.08
+68.4%
15.1%CN¥42.00CN¥28.86n/a6
Feb ’25CN¥18.65
CN¥35.08
+88.1%
15.1%CN¥42.00CN¥28.86n/a6
Jan ’25CN¥21.51
CN¥35.08
+63.1%
15.1%CN¥42.00CN¥28.86n/a6
Dec ’24CN¥21.78
CN¥35.08
+61.0%
15.1%CN¥42.00CN¥28.86n/a6
Nov ’24CN¥23.10
CN¥35.69
+54.5%
14.7%CN¥42.00CN¥28.86CN¥22.956
Oct ’24CN¥23.29
CN¥35.59
+52.8%
13.7%CN¥42.00CN¥28.86CN¥22.747
Sep ’24CN¥24.60
CN¥37.54
+52.6%
19.0%CN¥51.00CN¥28.86CN¥17.557
Aug ’24CN¥28.25
CN¥39.64
+40.3%
16.8%CN¥51.00CN¥28.86CN¥19.146
Jul ’24CN¥27.65
CN¥40.11
+45.1%
14.8%CN¥51.00CN¥31.64CN¥19.306
Jun ’24CN¥26.02
CN¥40.11
+54.1%
14.8%CN¥51.00CN¥31.64CN¥21.376
May ’24CN¥26.05
CN¥40.91
+57.0%
20.2%CN¥54.00CN¥31.64CN¥20.654
Apr ’24CN¥27.97
CN¥43.53
+55.6%
20.8%CN¥54.00CN¥31.64CN¥20.415
Mar ’24CN¥30.27
CN¥43.53
+43.8%
20.8%CN¥54.00CN¥31.64CN¥20.835
Feb ’24CN¥32.31
CN¥43.53
+34.7%
20.8%CN¥54.00CN¥31.64CN¥18.655
Jan ’24CN¥27.70
CN¥44.38
+60.2%
19.1%CN¥54.00CN¥31.64CN¥21.516
Dec ’23CN¥28.98
CN¥48.34
+66.8%
18.0%CN¥61.10CN¥37.00CN¥21.785
Nov ’23CN¥27.59
CN¥50.85
+84.3%
12.1%CN¥61.10CN¥41.00CN¥23.106

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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