China National Electric Apparatus Research Institute Co., Ltd.

XSSC:688128 Stock Report

Market Cap: CN¥8.5b

China National Electric Apparatus Research Institute Valuation

Is 688128 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 688128 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688128 (CN¥20.97) is trading above our estimate of fair value (CN¥10.78)

Significantly Below Fair Value: 688128 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688128?

Key metric: As 688128 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688128. This is calculated by dividing 688128's market cap by their current earnings.
What is 688128's PE Ratio?
PE Ratio19.1x
EarningsCN¥444.24m
Market CapCN¥8.48b

Price to Earnings Ratio vs Peers

How does 688128's PE Ratio compare to its peers?

The above table shows the PE ratio for 688128 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.5x
300772 Windey Energy Technology Group
20.1x35.3%CN¥8.7b
300129 Shanghai Taisheng Wind Power Equipment
34.3x46.1%CN¥7.1b
601096 Hsino Tower Group
55.5xn/aCN¥11.9b
300443 Jinlei Technology
16.2x13.3%CN¥7.2b
688128 China National Electric Apparatus Research Institute
19.1x22.9%CN¥8.5b

Price-To-Earnings vs Peers: 688128 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (31.5x).

Price to Earnings Ratio vs Industry

How does 688128'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
688128 19.1xIndustry Avg. 35.7xNo. of Companies36PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688128 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the CN Electrical industry average (35.7x).

Price to Earnings Ratio vs Fair Ratio

What is 688128'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.

688128 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.1x
Fair PE Ratio22.8x

Price-To-Earnings vs Fair Ratio: 688128 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (22.8x).

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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