Winner Medical Co., Ltd.

XSEC:300888 Stock Report

Market Cap: CN¥19.4b

Winner Medical Valuation

Is 300888 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 300888 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300888 (CN¥33.4) is trading below our estimate of fair value (CN¥43.87)

Significantly Below Fair Value: 300888 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300888?

Key metric: As 300888 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300888. This is calculated by dividing 300888's market cap by their current revenue.
What is 300888's PS Ratio?
PS Ratio2.4x
SalesCN¥8.24b
Market CapCN¥19.45b

Price to Sales Ratio vs Peers

How does 300888's PS Ratio compare to its peers?

The above table shows the PS ratio for 300888 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.2x
600529 Shandong Pharmaceutical GlassLtd
3.3x13.6%CN¥16.7b
300595 Autek China
9.3x18.2%CN¥17.1b
301371 Harbin Fuerjia Technology
6.7x11.0%CN¥13.8b
603658 Autobio Diagnostics
5.7x15.9%CN¥26.3b
300888 Winner Medical
2.4x16.6%CN¥19.4b

Price-To-Sales vs Peers: 300888 is good value based on its Price-To-Sales Ratio (2.4x) compared to the peer average (6.2x).


Price to Sales Ratio vs Industry

How does 300888's PS Ratio compare vs other companies in the CN Medical Equipment Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
002382 Blue Sail MedicalLtd
0.9xn/aUS$745.21m
300358 Truking Technology
0.8x10.9%US$615.54m
No more companies available in this PS range
300888 2.4xIndustry Avg. 6.3xNo. of Companies11PS03.67.210.814.418+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300888 is good value based on its Price-To-Sales Ratio (2.4x) compared to the CN Medical Equipment industry average (6.3x).


Price to Sales Ratio vs Fair Ratio

What is 300888'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.

300888 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.4x
Fair PS Ratio3.5x

Price-To-Sales vs Fair Ratio: 300888 is good value based on its Price-To-Sales Ratio (2.4x) compared to the estimated Fair Price-To-Sales Ratio (3.5x).


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 300888 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥33.40
CN¥36.00
+7.8%
2.3%CN¥37.00CN¥35.00n/a3
Nov ’25CN¥31.87
CN¥35.50
+11.4%
1.4%CN¥36.00CN¥35.00n/a2
Oct ’25CN¥31.80
CN¥34.67
+9.0%
3.6%CN¥36.00CN¥33.00n/a3
Sep ’25CN¥25.57
CN¥33.67
+31.7%
7.8%CN¥36.00CN¥30.00n/a3
Aug ’25CN¥26.03
CN¥37.77
+45.1%
7.0%CN¥41.30CN¥35.00n/a3
Jul ’25CN¥25.68
CN¥37.77
+47.1%
7.0%CN¥41.30CN¥35.00n/a3
Jun ’25CN¥29.82
CN¥37.77
+26.6%
7.0%CN¥41.30CN¥35.00n/a3
May ’25CN¥31.30
CN¥39.43
+26.0%
8.0%CN¥42.00CN¥35.00n/a3
Apr ’25CN¥35.35
CN¥42.33
+19.8%
14.5%CN¥50.00CN¥35.00n/a3
Mar ’25CN¥35.47
CN¥42.33
+19.3%
14.5%CN¥50.00CN¥35.00n/a3
Feb ’25CN¥31.73
CN¥46.17
+45.5%
7.1%CN¥50.00CN¥42.00n/a3
Jan ’25CN¥37.25
CN¥46.17
+23.9%
7.1%CN¥50.00CN¥42.00n/a3
Dec ’24CN¥38.71
CN¥48.82
+26.1%
11.1%CN¥56.78CN¥42.00n/a4
Nov ’24CN¥40.40
CN¥48.82
+20.8%
11.1%CN¥56.78CN¥42.00CN¥31.874
Oct ’24CN¥41.06
CN¥55.94
+36.3%
6.5%CN¥60.00CN¥50.00CN¥31.804
Sep ’24CN¥42.56
CN¥55.94
+31.4%
6.5%CN¥60.00CN¥50.00CN¥25.574
Aug ’24CN¥43.21
CN¥56.84
+31.5%
4.0%CN¥60.00CN¥53.57CN¥26.034
Jul ’24CN¥41.67
CN¥55.94
+34.3%
2.5%CN¥57.00CN¥53.57CN¥25.684
Jun ’24CN¥42.49
CN¥55.98
+31.8%
2.5%CN¥57.14CN¥53.57CN¥29.824
May ’24CN¥43.39
CN¥55.71
+28.4%
2.8%CN¥57.14CN¥53.57CN¥31.303
Apr ’24CN¥47.29
CN¥66.43
+40.5%
0.9%CN¥67.14CN¥65.71CN¥35.353
Mar ’24CN¥50.46
CN¥64.45
+27.7%
5.4%CN¥67.14CN¥58.51CN¥35.474
Feb ’24CN¥52.54
CN¥64.45
+22.7%
5.4%CN¥67.14CN¥58.51CN¥31.734
Jan ’24CN¥51.07
CN¥63.55
+24.4%
5.6%CN¥66.43CN¥58.51CN¥37.253
Dec ’23CN¥49.10
CN¥63.55
+29.4%
5.6%CN¥66.43CN¥58.51CN¥38.713
Nov ’23CN¥48.56
CN¥63.55
+30.9%
5.6%CN¥66.43CN¥58.51CN¥40.403

Analyst Forecast: Target price is less than 20% higher than the current share price.


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