Shinva Medical Instrument Co.,Ltd.

SHSE:600587 Stock Report

Market Cap: CN¥10.9b

Shinva Medical InstrumentLtd Valuation

Is 600587 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 600587 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600587 (CN¥18) is trading above our estimate of fair value (CN¥7.81)

Significantly Below Fair Value: 600587 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600587?

Key metric: As 600587 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600587. This is calculated by dividing 600587's market cap by their current earnings.
What is 600587's PE Ratio?
PE Ratio15.8x
EarningsCN¥692.34m
Market CapCN¥10.92b

Price to Earnings Ratio vs Peers

How does 600587's PE Ratio compare to its peers?

The above table shows the PE ratio for 600587 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average41.8x
688139 Qingdao Haier BiomedicalLtd
29.8x30.1%CN¥10.7b
301363 MeHow Innovative
44x31.5%CN¥11.9b
688575 Shenzhen YHLO Biotech
35.5x38.9%CN¥10.3b
300171 Tofflon Science and Technology Group
57.7x32.3%CN¥9.8b
600587 Shinva Medical InstrumentLtd
15.8x22.3%CN¥10.9b

Price-To-Earnings vs Peers: 600587 is good value based on its Price-To-Earnings Ratio (15.8x) compared to the peer average (41.8x).


Price to Earnings Ratio vs Industry

How does 600587's PE Ratio compare vs other companies in the CN Medical Equipment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
600587 15.8xIndustry Avg. 35.5xNo. of Companies18PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600587 is good value based on its Price-To-Earnings Ratio (15.8x) compared to the CN Medical Equipment industry average (35.2x).


Price to Earnings Ratio vs Fair Ratio

What is 600587'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.

600587 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.8x
Fair PE Ratio25.9x

Price-To-Earnings vs Fair Ratio: 600587 is good value based on its Price-To-Earnings Ratio (15.8x) compared to the estimated Fair Price-To-Earnings Ratio (25.9x).


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.


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