Shenzhen Ellassay Fashion Co.,Ltd.

XSSC:603808 Stock Report

Market Cap: CN¥2.8b

Shenzhen Ellassay FashionLtd Valuation

Is 603808 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 603808 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603808 (CN¥7.78) is trading below our estimate of fair value (CN¥9.53)

Significantly Below Fair Value: 603808 is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603808?

Other financial metrics that can be useful for relative valuation.

603808 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/Revenue1.1x
Enterprise Value/EBITDA14.3x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does 603808's PE Ratio compare to its peers?

The above table shows the PE ratio for 603808 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.9x
002574 Zhejiang Ming Jewelry
20.7xn/aCN¥2.8b
300840 Qingdao KutesmartLtd
16.9x9.6%CN¥3.3b
002763 Shenzhen Huijie Group
17.9xn/aCN¥3.1b
002687 Zhejiang Giuseppe Garment
11.9x17.0%CN¥2.3b
603808 Shenzhen Ellassay FashionLtd
37.6x54.9%CN¥2.8b

Price-To-Earnings vs Peers: 603808 is expensive based on its Price-To-Earnings Ratio (37.6x) compared to the peer average (16.9x).


Price to Earnings Ratio vs Industry

How does 603808's PE Ratio compare vs other companies in the CN Luxury Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 603808 is expensive based on its Price-To-Earnings Ratio (37.6x) compared to the CN Luxury industry average (22.3x).


Price to Earnings Ratio vs Fair Ratio

What is 603808'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.

603808 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.6x
Fair PE Ratio43.9x

Price-To-Earnings vs Fair Ratio: 603808 is good value based on its Price-To-Earnings Ratio (37.6x) compared to the estimated Fair Price-To-Earnings Ratio (43.9x).


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 603808 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥7.78
CN¥13.29
+70.8%
3.9%CN¥13.66CN¥12.55n/a3
Apr ’25CN¥8.36
CN¥13.29
+58.9%
3.9%CN¥13.66CN¥12.55n/a3
Mar ’25CN¥7.85
CN¥13.29
+69.3%
3.9%CN¥13.66CN¥12.55n/a3
Feb ’25CN¥7.55
CN¥14.02
+85.7%
3.7%CN¥14.76CN¥13.65n/a3
Jan ’25CN¥9.17
CN¥14.02
+52.9%
3.7%CN¥14.76CN¥13.65n/a3
Dec ’24CN¥10.03
CN¥14.02
+39.8%
3.7%CN¥14.76CN¥13.65n/a3
Nov ’24CN¥10.49
CN¥14.07
+34.2%
3.5%CN¥14.76CN¥13.66n/a3
Oct ’24CN¥12.72
CN¥14.77
+16.1%
5.4%CN¥15.75CN¥13.80n/a3
Sep ’24CN¥12.60
CN¥14.77
+17.2%
5.4%CN¥15.75CN¥13.80n/a3
Aug ’24CN¥12.95
CN¥14.87
+14.8%
4.6%CN¥15.75CN¥14.10n/a3
Jul ’24CN¥13.13
CN¥14.51
+10.5%
2.8%CN¥14.92CN¥14.10n/a2
Jun ’24CN¥12.70
CN¥13.88
+9.3%
1.6%CN¥14.10CN¥13.65n/a2
May ’24CN¥12.09
CN¥13.88
+14.8%
1.6%CN¥14.10CN¥13.65CN¥7.782
Apr ’24CN¥11.21
CN¥12.40
+10.6%
10.1%CN¥13.65CN¥11.15CN¥8.362
Mar ’24CN¥11.02
CN¥12.40
+12.5%
10.1%CN¥13.65CN¥11.15CN¥7.852

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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