Ningbo Ronbay New Energy Technology Co.,Ltd.

XSSC:688005 Stock Report

Market Cap: CN¥14.1b

Ningbo Ronbay New Energy TechnologyLtd Valuation

Is 688005 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-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 688005 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688005 (CN¥29.28) is trading above our estimate of fair value (CN¥6.08)

Significantly Below Fair Value: 688005 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688005?

Other financial metrics that can be useful for relative valuation.

688005 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA28.8x
PEG Ratio2.5x

Price to Sales Ratio vs Peers

How does 688005's PS Ratio compare to its peers?

The above table shows the PS ratio for 688005 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.6x
601222 Jiangsu Linyang Energy
2.1x28.2%CN¥14.8b
002484 Nantong Jianghai Capacitor
2.7x19.2%CN¥12.7b
601126 Beijing Sifang AutomationLtd
2.3x17.4%CN¥15.5b
001301 Shijiazhuang Shangtai Technology
3.5x21.7%CN¥16.0b
688005 Ningbo Ronbay New Energy TechnologyLtd
0.9x20.7%CN¥14.1b

Price-To-Sales vs Peers: 688005 is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (2.6x).


Price to Earnings Ratio vs Industry

How does 688005's PE Ratio compare vs other companies in the CN Electrical Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a26.0%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a26.0%
n/an/an/a
No more companies

Price-To-Sales vs Industry: 688005 is good value based on its Price-To-Sales Ratio (0.9x) compared to the CN Electrical industry average (2.4x).


Price to Sales Ratio vs Fair Ratio

What is 688005'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.

688005 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio1.4x

Price-To-Sales vs Fair Ratio: 688005 is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1.4x).


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 688005 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥29.90
CN¥30.71
+2.7%
28.4%CN¥44.00CN¥18.00n/a7
Oct ’25CN¥29.00
CN¥30.14
+3.9%
28.2%CN¥44.00CN¥18.00n/a7
Sep ’25CN¥20.89
CN¥33.13
+58.6%
33.8%CN¥54.00CN¥18.00n/a8
Aug ’25CN¥22.54
CN¥43.17
+91.5%
17.9%CN¥54.00CN¥32.00n/a6
Jul ’25CN¥23.00
CN¥43.17
+87.7%
17.9%CN¥54.00CN¥32.00n/a6
Jun ’25CN¥28.80
CN¥44.60
+54.9%
17.2%CN¥54.00CN¥32.00n/a5
May ’25CN¥30.57
CN¥44.60
+45.9%
17.2%CN¥54.00CN¥32.00n/a5
Apr ’25CN¥29.48
CN¥48.67
+65.1%
22.5%CN¥68.00CN¥33.00n/a6
Mar ’25CN¥31.98
CN¥51.14
+59.9%
23.1%CN¥68.00CN¥33.00n/a7
Feb ’25CN¥28.10
CN¥51.14
+82.0%
23.1%CN¥68.00CN¥33.00n/a7
Jan ’25CN¥39.80
CN¥68.33
+71.7%
31.8%CN¥115.00CN¥51.00n/a6
Dec ’24CN¥38.43
CN¥68.33
+77.8%
31.8%CN¥115.00CN¥51.00n/a6
Nov ’24CN¥43.90
CN¥71.20
+62.2%
32.0%CN¥115.00CN¥51.00CN¥29.905
Oct ’24CN¥41.97
CN¥71.20
+69.6%
32.0%CN¥115.00CN¥51.00CN¥29.005
Sep ’24CN¥50.08
CN¥71.20
+42.2%
32.0%CN¥115.00CN¥51.00CN¥20.895
Aug ’24CN¥50.58
CN¥73.20
+44.7%
31.2%CN¥115.00CN¥51.00CN¥22.545
Jul ’24CN¥54.02
CN¥89.09
+64.9%
31.5%CN¥141.00CN¥58.00CN¥23.005
Jun ’24CN¥58.14
CN¥86.06
+48.0%
28.1%CN¥141.00CN¥58.00CN¥28.807
May ’24CN¥66.48
CN¥91.21
+37.2%
26.7%CN¥141.00CN¥58.00CN¥30.577
Apr ’24CN¥68.40
CN¥94.24
+37.8%
26.0%CN¥141.00CN¥63.00CN¥29.486
Mar ’24CN¥72.45
CN¥94.24
+30.1%
26.0%CN¥141.00CN¥63.00CN¥31.986
Feb ’24CN¥81.94
CN¥94.24
+15.0%
26.0%CN¥141.00CN¥63.00CN¥28.106
Jan ’24CN¥68.75
CN¥99.91
+45.3%
36.0%CN¥175.00CN¥63.00CN¥39.806
Dec ’23CN¥77.79
CN¥102.67
+32.0%
34.9%CN¥175.00CN¥63.00CN¥38.436
Nov ’23CN¥80.00
CN¥121.40
+51.8%
32.2%CN¥175.00CN¥80.00CN¥43.905

Analyst Forecast: Target price is less than 20% higher than the current share price.


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