Neway CNC Equipment (Suzhou) Co., Ltd.

XSSC:688697 Stock Report

Market Cap: CN¥5.3b

Neway CNC Equipment (Suzhou) Valuation

Is 688697 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 688697 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688697 (CN¥16.22) is trading above our estimate of fair value (CN¥0.39)

Significantly Below Fair Value: 688697 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688697?

Key metric: As 688697 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688697. This is calculated by dividing 688697's market cap by their current earnings.
What is 688697's PE Ratio?
PE Ratio17.1x
EarningsCN¥309.31m
Market CapCN¥5.30b

Price to Earnings Ratio vs Peers

How does 688697's PE Ratio compare to its peers?

The above table shows the PE ratio for 688697 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.2x
603082 RIAMB (Beijing) Technology Development
33.8xn/aCN¥5.3b
002757 Nanxing Machinery
31.8xn/aCN¥4.6b
001288 Sichuan Zigong Conveying Machine Group
39.9xn/aCN¥4.7b
000666 Jingwei Textile Machinery
15.2xn/aCN¥6.3b
688697 Neway CNC Equipment (Suzhou)
17.1x22.5%CN¥5.3b

Price-To-Earnings vs Peers: 688697 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the peer average (34.9x).

Price to Earnings Ratio vs Industry

How does 688697's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$397.65m
No more companies available in this PE range
688697 17.1xIndustry Avg. 34.7xNo. of Companies53PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688697 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the CN Machinery industry average (35x).

Price to Earnings Ratio vs Fair Ratio

What is 688697'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.

688697 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.1x
Fair PE Ratio22.3x

Price-To-Earnings vs Fair Ratio: 688697 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the estimated Fair Price-To-Earnings Ratio (22.3x).

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 688697 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥16.69
CN¥18.55
+11.1%
12.2%CN¥20.80CN¥16.29n/a2
Nov ’25CN¥17.25
CN¥15.80
-8.4%
3.1%CN¥16.29CN¥15.30n/a2
Oct ’25CN¥17.54
CN¥15.80
-9.9%
3.1%CN¥16.29CN¥15.30n/a2
Sep ’25CN¥13.96
CN¥21.65
+55.1%
24.7%CN¥27.00CN¥16.29n/a2
Aug ’25CN¥15.56
CN¥25.72
+65.3%
5.0%CN¥27.00CN¥24.43n/a2
Jul ’25CN¥15.38
CN¥25.72
+67.2%
5.0%CN¥27.00CN¥24.43n/a2
Jun ’25CN¥17.87
CN¥25.72
+43.9%
5.0%CN¥27.00CN¥24.43n/a2
May ’25CN¥18.46
CN¥25.72
+39.3%
5.0%CN¥27.00CN¥24.43n/a2
Apr ’25CN¥19.89
CN¥25.72
+29.3%
5.0%CN¥27.00CN¥24.43n/a2
Mar ’25CN¥22.45
CN¥28.98
+29.1%
6.1%CN¥30.75CN¥27.20n/a2
Feb ’25CN¥13.64
CN¥28.98
+112.4%
6.1%CN¥30.75CN¥27.20n/a2
Jan ’25CN¥18.83
CN¥28.98
+53.9%
6.1%CN¥30.75CN¥27.20n/a2
Dec ’24CN¥20.41
CN¥28.98
+42.0%
6.1%CN¥30.75CN¥27.20n/a2

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

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