Improve Medical Instruments Co., Ltd.

SZSE:300030 Stock Report

Market Cap: CN¥2.0b

Improve Medical Instruments Valuation

Is 300030 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 300030 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300030 (CN¥6.84) is trading below our estimate of fair value (CN¥28.06)

Significantly Below Fair Value: 300030 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300030?

Key metric: As 300030 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300030. This is calculated by dividing 300030's market cap by their current revenue.
What is 300030's PS Ratio?
PS Ratio3.6x
SalesCN¥593.69m
Market CapCN¥1.98b

Price to Sales Ratio vs Peers

How does 300030's PS Ratio compare to its peers?

The above table shows the PS ratio for 300030 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.7x
300813 Zhejiang Tailin BioEngineeringLtd
7.7xn/aCN¥2.3b
688265 Shanghai Model Organisms Center
5.5xn/aCN¥2.0b
688238 Obio Technology (Shanghai)
14.6x22.8%CN¥3.5b
301257 SMO ClinPlusLTD
3x12.8%CN¥2.3b
300030 Improve Medical Instruments
3.6xn/aCN¥2.0b

Price-To-Sales vs Peers: 300030 is good value based on its Price-To-Sales Ratio (3.6x) compared to the peer average (7.7x).


Price to Sales Ratio vs Industry

How does 300030's PS Ratio compare vs other companies in the CN Life Sciences Industry?

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
No more companies available in this PS range
300030 3.6xIndustry Avg. 4.9xNo. of Companies6PS03.26.49.612.816+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300030 is good value based on its Price-To-Sales Ratio (3.6x) compared to the CN Life Sciences industry average (4.9x).


Price to Sales Ratio vs Fair Ratio

What is 300030'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.

300030 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 300030'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.


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