Zhejiang Canaan Technology Limited

SZSE:300412 Stock Report

Market Cap: CN¥2.2b

Zhejiang Canaan Technology Valuation

Is 300412 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300412 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 300412's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 300412's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300412?

Key metric: As 300412 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300412. This is calculated by dividing 300412's market cap by their current revenue.
What is 300412's PS Ratio?
PS Ratio2x
SalesCN¥1.13b
Market CapCN¥2.21b

Price to Sales Ratio vs Peers

How does 300412's PS Ratio compare to its peers?

The above table shows the PS ratio for 300412 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.6x
688273 Nanjing Medlander Medical TechnologyLtd
6.4xn/aCN¥2.4b
300246 Guangdong Biolight Meditech
1.9xn/aCN¥2.0b
688613 Allgens Medical Technology
12xn/aCN¥2.3b
301290 Jiangsu Canopus Wisdom Medical TechnologyLtd
6xn/aCN¥2.6b
300412 Zhejiang Canaan Technology
2xn/aCN¥2.2b

Price-To-Sales vs Peers: 300412 is good value based on its Price-To-Sales Ratio (2x) compared to the peer average (6.6x).

Price to Sales Ratio vs Industry

How does 300412's PS Ratio compare vs other companies in the CN Medical Equipment Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
300358 Truking Technology
0.8x10.9%US$630.58m
No more companies available in this PS range
300412 2.0xIndustry Avg. 6.2xNo. of Companies13PS03.67.210.814.418+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300412 is good value based on its Price-To-Sales Ratio (2x) compared to the CN Medical Equipment industry average (6.2x).

Price to Sales Ratio vs Fair Ratio

What is 300412's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300412 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 300412's Price-To-Sales Fair Ratio for valuation analysis.

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.

Discover undervalued companies

Shenzhen Lifotronic Technology

CN¥6.8b

Research, develops, manufactures, and markets medical devices for diagnostics, clinical medicine, skin, and human health related purposes in China.

688389

CN¥15.65

7D

-6.0%

1Y

-35.5%

Innovita Biological Technology

CN¥5.7b

Engages in the research and development, manufacturing, marketing, and sales of POCT rapid diagnostic products.

688253

CN¥41.42

7D

1.5%

1Y

35.8%

Winner Medical

CN¥20.2b

Engages in the research and development, manufacture, and marketing of cotton-based medical dressings and medical disposables, and consumer products in China.

300888

CN¥34.72

7D

4.0%

1Y

-11.5%