Haier Smart Home Co., Ltd.

SHSE:600690 Stock Report

Market Cap: CN¥212.4b

Haier Smart Home Valuation

Is 600690 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • PM vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 600690 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600690 (CN¥23.79) is trading below our estimate of fair value (CN¥46.19)

Significantly Below Fair Value: 600690 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600690?

Other financial metrics that can be useful for relative valuation.

600690 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/Revenue0.7x
Enterprise Value/EBITDA9.5x
PEG Ratio1.2x

Price to Earnings Ratio vs Peers

How does 600690's PE Ratio compare to its peers?

The above table shows the PE ratio for 600690 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.2x
000651 Gree Electric Appliances of Zhuhai
7.8x6.4%CN¥204.3b
000333 Midea Group
13.3x8.3%CN¥422.0b
002032 Zhejiang Supor
19.6x10.3%CN¥43.0b
688169 Beijing Roborock Technology
20.3x14.0%CN¥42.9b
600690 Haier Smart Home
13.5x10.9%CN¥212.4b

Price-To-Earnings vs Peers: 600690 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (15.2x).


Price to Earnings Ratio vs Industry

How does 600690's PE Ratio compare vs other companies in the CN Consumer Durables Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a13.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a13.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 600690 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the CN Consumer Durables industry average (22x).


Price to Earnings Ratio vs Fair Ratio

What is 600690'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.

600690 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ratio22.4x

PM vs Fair Ratio: 600690 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the estimated Fair Price-To-Earnings Ratio (22.4x).


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 600690 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥23.79
CN¥29.99
+26.0%
11.5%CN¥36.70CN¥22.90n/a20
Feb ’25CN¥22.51
CN¥29.89
+32.8%
11.7%CN¥36.70CN¥22.90n/a20
Jan ’25CN¥21.00
CN¥30.00
+42.9%
11.5%CN¥36.70CN¥22.90n/a20
Dec ’24CN¥21.45
CN¥30.08
+40.2%
11.5%CN¥36.70CN¥22.90n/a20
Nov ’24CN¥22.28
CN¥30.06
+34.9%
11.4%CN¥36.70CN¥22.90n/a20
Oct ’24CN¥23.60
CN¥30.46
+29.1%
14.6%CN¥42.00CN¥22.90n/a20
Sep ’24CN¥24.25
CN¥30.73
+26.7%
15.0%CN¥42.00CN¥22.90n/a21
Aug ’24CN¥24.57
CN¥31.36
+27.6%
14.6%CN¥42.00CN¥22.50n/a22
Jul ’24CN¥23.48
CN¥31.36
+33.5%
14.6%CN¥42.00CN¥22.50n/a22
Jun ’24CN¥21.46
CN¥31.47
+46.6%
13.9%CN¥42.00CN¥23.40n/a22
May ’24CN¥23.70
CN¥31.41
+32.5%
13.4%CN¥42.00CN¥23.40n/a22
Apr ’24CN¥22.68
CN¥32.89
+45.0%
17.2%CN¥48.00CN¥23.20n/a21
Mar ’24CN¥26.17
CN¥33.18
+26.8%
16.0%CN¥48.00CN¥24.30n/a22
Feb ’24CN¥25.76
CN¥33.09
+28.5%
16.2%CN¥48.00CN¥24.30CN¥22.5122
Jan ’24CN¥24.46
CN¥32.73
+33.8%
17.3%CN¥48.00CN¥24.30CN¥21.0021
Dec ’23CN¥24.49
CN¥32.73
+33.6%
17.3%CN¥48.00CN¥24.30CN¥21.4521
Nov ’23CN¥21.45
CN¥32.55
+51.8%
16.7%CN¥48.00CN¥24.30CN¥22.2821
Oct ’23CN¥24.77
CN¥33.46
+35.1%
14.6%CN¥48.00CN¥24.50CN¥23.6021
Sep ’23CN¥26.21
CN¥33.14
+26.4%
16.2%CN¥48.00CN¥21.00CN¥24.2520
Aug ’23CN¥24.33
CN¥33.32
+36.9%
14.9%CN¥45.00CN¥21.00CN¥24.5719
Jul ’23CN¥27.00
CN¥33.32
+23.4%
14.9%CN¥45.00CN¥21.00CN¥23.4819
Jun ’23CN¥25.46
CN¥33.32
+30.9%
14.9%CN¥45.00CN¥21.00CN¥21.4619
May ’23CN¥25.91
CN¥34.34
+32.5%
11.8%CN¥45.00CN¥27.70CN¥23.7019
Apr ’23CN¥23.75
CN¥34.54
+45.5%
13.6%CN¥45.00CN¥27.70CN¥22.6819
Mar ’23CN¥25.71
CN¥37.27
+45.0%
9.2%CN¥45.00CN¥29.00CN¥26.1719
Feb ’23CN¥27.65
CN¥37.48
+35.6%
9.4%CN¥45.00CN¥29.00CN¥25.7619

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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