Haier Smart Home Valuation
Is 600690 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
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 600690 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 600690 (CN¥27.77) is trading below our estimate of fair value (CN¥39.2)
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?
Key metric: As 600690 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
What is 600690's PE Ratio? | |
---|---|
PE Ratio | 13.8x |
Earnings | CN¥18.60b |
Market Cap | CN¥242.00b |
Key Statistics | |
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Enterprise Value/Revenue | 0.9x |
Enterprise Value/EBITDA | 9.8x |
PEG Ratio | 1.4x |
Price to Earnings Ratio vs Peers
How does 600690's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 14.9x | ||
000651 Gree Electric Appliances of Zhuhai | 8x | 4.5% | CN¥246.5b |
000333 Midea Group | 14.8x | 8.1% | CN¥554.8b |
002032 Zhejiang Supor | 18.8x | 7.3% | CN¥42.3b |
002444 Hangzhou Greatstar Industrial | 18.1x | 18.7% | CN¥38.4b |
600690 Haier Smart Home | 13.8x | 9.7% | CN¥242.0b |
Price-To-Earnings vs Peers: 600690 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (14.9x).
Price to Earnings Ratio vs Industry
How does 600690's PE Ratio compare vs other companies in the CN Consumer Durables Industry?
1 Company | Price / Earnings | Estimated Growth | Market Cap |
---|---|---|---|
002473 Ningbo Sunlight Electrical ApplianceLtd | 3.5x | n/a | US$18.86m |
1 Company | Estimated Growth | Market Cap |
---|
Price-To-Earnings vs Industry: 600690 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the CN Consumer Durables industry average (23.4x).
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.
Fair Ratio | |
---|---|
Current PE Ratio | 13.8x |
Fair PE Ratio | 26.9x |
Price-To-Earnings vs Fair Ratio: 600690 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the estimated Fair Price-To-Earnings Ratio (26.9x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | CN¥27.77 | CN¥35.37 +27.4% | 14.5% | CN¥46.00 | CN¥23.00 | n/a | 20 |
Jan ’26 | CN¥28.47 | CN¥35.31 +24.0% | 14.0% | CN¥46.00 | CN¥23.00 | n/a | 20 |
Dec ’25 | CN¥28.33 | CN¥35.31 +24.6% | 14.0% | CN¥46.00 | CN¥23.00 | n/a | 20 |
Nov ’25 | CN¥29.39 | CN¥35.22 +19.8% | 13.8% | CN¥46.00 | CN¥23.00 | n/a | 21 |
Oct ’25 | CN¥32.15 | CN¥32.50 +1.1% | 10.4% | CN¥39.30 | CN¥23.00 | n/a | 20 |
Sep ’25 | CN¥24.73 | CN¥32.15 +30.0% | 10.9% | CN¥39.30 | CN¥23.00 | n/a | 20 |
Aug ’25 | CN¥26.80 | CN¥33.90 +26.5% | 7.7% | CN¥39.20 | CN¥27.00 | n/a | 18 |
Jul ’25 | CN¥28.39 | CN¥34.43 +21.3% | 8.0% | CN¥39.20 | CN¥27.00 | n/a | 19 |
Jun ’25 | CN¥29.54 | CN¥33.95 +14.9% | 9.0% | CN¥39.20 | CN¥27.00 | n/a | 18 |
May ’25 | CN¥30.26 | CN¥32.72 +8.1% | 10.9% | CN¥40.70 | CN¥27.00 | n/a | 19 |
Apr ’25 | CN¥25.62 | CN¥30.65 +19.6% | 13.0% | CN¥40.70 | CN¥22.90 | n/a | 20 |
Mar ’25 | CN¥24.40 | CN¥29.99 +22.9% | 11.5% | CN¥36.70 | CN¥22.90 | n/a | 20 |
Feb ’25 | CN¥22.51 | CN¥29.89 +32.8% | 11.7% | CN¥36.70 | CN¥22.90 | CN¥27.77 | 20 |
Jan ’25 | CN¥21.00 | CN¥30.00 +42.9% | 11.5% | CN¥36.70 | CN¥22.90 | CN¥28.47 | 20 |
Dec ’24 | CN¥21.45 | CN¥30.08 +40.2% | 11.5% | CN¥36.70 | CN¥22.90 | CN¥28.33 | 20 |
Nov ’24 | CN¥22.28 | CN¥30.06 +34.9% | 11.4% | CN¥36.70 | CN¥22.90 | CN¥29.39 | 20 |
Oct ’24 | CN¥23.60 | CN¥30.46 +29.1% | 14.6% | CN¥42.00 | CN¥22.90 | CN¥32.15 | 20 |
Sep ’24 | CN¥24.25 | CN¥30.73 +26.7% | 15.0% | CN¥42.00 | CN¥22.90 | CN¥24.73 | 21 |
Aug ’24 | CN¥24.57 | CN¥31.36 +27.6% | 14.6% | CN¥42.00 | CN¥22.50 | CN¥26.80 | 22 |
Jul ’24 | CN¥23.48 | CN¥31.36 +33.5% | 14.6% | CN¥42.00 | CN¥22.50 | CN¥28.39 | 22 |
Jun ’24 | CN¥21.46 | CN¥31.47 +46.6% | 13.9% | CN¥42.00 | CN¥23.40 | CN¥29.54 | 22 |
May ’24 | CN¥23.70 | CN¥31.41 +32.5% | 13.4% | CN¥42.00 | CN¥23.40 | CN¥30.26 | 22 |
Apr ’24 | CN¥22.68 | CN¥32.89 +45.0% | 17.2% | CN¥48.00 | CN¥23.20 | CN¥25.62 | 21 |
Mar ’24 | CN¥26.17 | CN¥33.18 +26.8% | 16.0% | CN¥48.00 | CN¥24.30 | CN¥24.40 | 22 |
Feb ’24 | CN¥25.76 | CN¥33.09 +28.5% | 16.2% | CN¥48.00 | CN¥24.30 | CN¥22.51 | 22 |
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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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/02/01 13:32 |
End of Day Share Price | 2025/01/27 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Haier Smart Home Co., Ltd. is covered by 77 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Volker Bosse | Baader Helvea Equity Research |
Guenther Hollfelder | Baader Helvea Equity Research |
Ka Ho Li | BOCI Research Ltd. |