Keeson Technology Valuation

Is 603610 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 603610 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603610 (CN¥9.98) is trading above our estimate of fair value (CN¥1.11)

Significantly Below Fair Value: 603610 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603610?

Key metric: As 603610 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603610. This is calculated by dividing 603610's market cap by their current earnings.
What is 603610's PE Ratio?
PE Ratio	20.7x
Earnings	CN¥170.18m
Market Cap	CN¥3.52b

603610 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/Revenue	1.1x
Enterprise Value/EBITDA	9.8x
PEG Ratio	1.6x

Price to Earnings Ratio vs Peers

How does 603610's PE Ratio compare to its peers?

The above table shows the PE ratio for 603610 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	62.9x
603180 GoldenHome Living	12.6x	15.7%	CN¥3.1b
001238 Zhejiang Zhengte	196.3x	57.4%	CN¥2.9b
300993 Shandong Yuma Sun-shading Technology	17.1x	22.9%	CN¥3.0b
603326 Nanjing OLO Home FurnishingLtd	25.6x	n/a	CN¥2.1b
603610 Keeson Technology	20.7x	12.9%	CN¥3.5b

Price-To-Earnings vs Peers: 603610 is good value based on its Price-To-Earnings Ratio (20.7x) compared to the peer average (62.9x).

Price to Earnings Ratio vs Industry

How does 603610'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

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 603610 is good value based on its Price-To-Earnings Ratio (20.7x) compared to the CN Consumer Durables industry average (21.8x).

Price to Earnings Ratio vs Fair Ratio

What is 603610'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.

603610 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.7x
Fair PE Ratio	15x

Price-To-Earnings vs Fair Ratio: 603610 is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the estimated Fair Price-To-Earnings Ratio (15x).

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.