OKE Precision Cutting Tools Co., Ltd.

XSSC:688308 Stock Report

Market Cap: CN¥3.1b

OKE Precision Cutting Tools Valuation

Is 688308 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 688308 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688308 (CN¥19.52) is trading above our estimate of fair value (CN¥7.32)

Significantly Below Fair Value: 688308 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688308?

Key metric: As 688308 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688308. This is calculated by dividing 688308's market cap by their current earnings.
What is 688308's PE Ratio?
PE Ratio31.9x
EarningsCN¥96.26m
Market CapCN¥3.08b

Price to Earnings Ratio vs Peers

How does 688308's PE Ratio compare to its peers?

The above table shows the PE ratio for 688308 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.3x
300154 Shenzhen Riland Industry Group
21.9xn/aCN¥3.1b
002893 Beijing Jingneng Thermal
49.8xn/aCN¥3.0b
688360 Damon Technology GroupLtd
24.3xn/aCN¥3.2b
601956 Hubei Donper Electromechanical Group
21.1xn/aCN¥3.3b
688308 OKE Precision Cutting Tools
31.9x38.3%CN¥3.1b

Price-To-Earnings vs Peers: 688308 is expensive based on its Price-To-Earnings Ratio (31.9x) compared to the peer average (29.3x).

Price to Earnings Ratio vs Industry

How does 688308's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$398.65m
No more companies available in this PE range
688308 31.9xIndustry Avg. 34.7xNo. of Companies53PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688308 is good value based on its Price-To-Earnings Ratio (31.9x) compared to the CN Machinery industry average (34.7x).

Price to Earnings Ratio vs Fair Ratio

What is 688308'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.

688308 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.9x
Fair PE Ratio29.8x

Price-To-Earnings vs Fair Ratio: 688308 is expensive based on its Price-To-Earnings Ratio (31.9x) compared to the estimated Fair Price-To-Earnings Ratio (29.8x).

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 688308 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥19.52
CN¥24.55
+25.8%
13.2%CN¥27.20CN¥20.00n/a3
Nov ’25CN¥18.48
CN¥24.55
+32.8%
13.2%CN¥27.20CN¥20.00n/a3
Oct ’25CN¥20.70
CN¥23.50
+13.5%
12.5%CN¥27.20CN¥20.00n/a3
Sep ’25CN¥16.05
CN¥23.50
+46.4%
12.5%CN¥27.20CN¥20.00n/a3
Aug ’25CN¥17.89
CN¥28.07
+56.9%
10.4%CN¥32.00CN¥25.00n/a3
Jul ’25CN¥19.08
CN¥29.73
+55.8%
6.6%CN¥32.00CN¥27.20n/a3
Jun ’25CN¥24.42
CN¥29.73
+21.8%
6.6%CN¥32.00CN¥27.20n/a3
May ’25CN¥21.03
CN¥29.73
+41.4%
6.6%CN¥32.00CN¥27.20n/a3
Apr ’25CN¥20.72
CN¥40.90
+97.4%
26.7%CN¥51.80CN¥30.00n/a2
Mar ’25CN¥23.22
CN¥40.90
+76.1%
26.7%CN¥51.80CN¥30.00n/a2
Feb ’25CN¥19.28
CN¥48.90
+153.6%
5.9%CN¥51.80CN¥46.00n/a2
Jan ’25CN¥27.90
CN¥48.90
+75.3%
5.9%CN¥51.80CN¥46.00n/a2
Dec ’24CN¥31.00
CN¥48.90
+57.7%
5.9%CN¥51.80CN¥46.00n/a2
Nov ’24CN¥34.01
CN¥48.90
+43.8%
5.9%CN¥51.80CN¥46.00CN¥18.482
Oct ’24CN¥34.18
CN¥49.97
+46.2%
7.9%CN¥53.94CN¥46.00CN¥20.702
Sep ’24CN¥32.36
CN¥49.97
+54.4%
7.9%CN¥53.94CN¥46.00CN¥16.052
Aug ’24CN¥41.29
CN¥54.69
+32.4%
10.2%CN¥61.99CN¥48.50CN¥17.893
Jul ’24CN¥40.00
CN¥57.53
+43.8%
12.0%CN¥66.05CN¥48.50CN¥19.084
Jun ’24CN¥36.82
CN¥57.53
+56.2%
12.0%CN¥66.05CN¥48.50CN¥24.424
May ’24CN¥39.75
CN¥60.65
+52.6%
7.4%CN¥66.05CN¥53.57CN¥21.034
Apr ’24CN¥49.54
CN¥65.92
+33.1%
0.2%CN¥66.05CN¥65.79CN¥20.722
Mar ’24n/a
CN¥65.92
0%
0.2%CN¥66.05CN¥65.79CN¥23.222
Feb ’24n/a
CN¥65.92
0%
0.2%CN¥66.05CN¥65.79CN¥19.282
Jan ’24n/a
CN¥62.67
0%
5.4%CN¥66.05CN¥59.29CN¥27.902

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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