Imeik Technology DevelopmentLtd Valuation

Q: What is the Fair Price of 300896 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300896 (CN¥220.33) is trading below our estimate of [[fair value]] (CN¥276.33)

Is 300896 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-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 300896 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300896 (CN¥220.33) is trading below our estimate of fair value (CN¥276.33)

Significantly Below Fair Value: 300896 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300896?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 300896. This is calculated by dividing 300896's market cap by their current preferred multiple.
What is 300896's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥66.38b

300896 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/Revenue	20.3x
Enterprise Value/EBITDA	27.7x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

How does 300896's PE Ratio compare to its peers?

The above table shows the PE ratio for 300896 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	31.3x
300122 Chongqing Zhifei Biological Products	12.9x	22.3%	CN¥77.8b
002252 Shanghai RAAS Blood Products	26.8x	16.4%	CN¥47.8b
688278 Xiamen Amoytop Biotech	51.5x	30.8%	CN¥33.8b
600161 Beijing Tiantan Biological Products	34.1x	18.0%	CN¥43.3b
300896 Imeik Technology DevelopmentLtd	32.9x	22.3%	CN¥66.4b

Price-To-Earnings vs Peers: 300896 is expensive based on its Price-To-Earnings Ratio (32.9x) compared to the peer average (31.3x).

Price to Earnings Ratio vs Industry

How does 300896's PE Ratio compare vs other companies in the CN Biotechs Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	38.6%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	38.6%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 300896 is good value based on its Price-To-Earnings Ratio (32.9x) compared to the CN Biotechs industry average (38.3x).

Price to Earnings Ratio vs Fair Ratio

What is 300896'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.

300896 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	32.9x
Fair PE Ratio	41.6x

Price-To-Earnings vs Fair Ratio: 300896 is good value based on its Price-To-Earnings Ratio (32.9x) compared to the estimated Fair Price-To-Earnings Ratio (41.6x).

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 300896 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥220.33	CN¥264.39 +20.0%	29.0%	CN¥472.14	CN¥180.00	n/a	12
Oct ’25	CN¥235.60	CN¥264.39 +12.2%	29.0%	CN¥472.14	CN¥180.00	n/a	12
Sep ’25	CN¥144.96	CN¥282.99 +95.2%	31.8%	CN¥478.07	CN¥180.00	n/a	13
Aug ’25	CN¥172.98	CN¥312.90 +80.9%	26.0%	CN¥478.07	CN¥207.00	n/a	13
Jul ’25	CN¥173.66	CN¥307.52 +77.1%	22.0%	CN¥478.07	CN¥228.57	n/a	12
Jun ’25	CN¥201.13	CN¥307.52 +52.9%	22.0%	CN¥478.07	CN¥228.57	n/a	12
May ’25	CN¥214.80	CN¥315.86 +47.0%	21.0%	CN¥478.07	CN¥228.57	n/a	12
Apr ’25	CN¥249.94	CN¥324.60 +29.9%	19.5%	CN¥478.07	CN¥269.29	n/a	11
Mar ’25	CN¥229.44	CN¥326.35 +42.2%	24.8%	CN¥478.07	CN¥221.43	n/a	11
Feb ’25	CN¥201.70	CN¥338.17 +67.7%	25.1%	CN¥478.07	CN¥221.43	n/a	11
Jan ’25	CN¥210.24	CN¥372.57 +77.2%	20.1%	CN¥478.07	CN¥221.43	n/a	11
Dec ’24	CN¥212.86	CN¥395.57 +85.8%	10.9%	CN¥478.07	CN¥317.14	n/a	10
Nov ’24	CN¥231.14	CN¥405.78 +75.6%	11.1%	CN¥478.07	CN¥317.14	n/a	11
Oct ’24	CN¥278.76	CN¥451.10 +61.8%	6.1%	CN¥478.57	CN¥397.86	CN¥235.60	11
Sep ’24	CN¥313.57	CN¥451.10 +43.9%	6.1%	CN¥478.57	CN¥397.86	CN¥144.96	11
Aug ’24	CN¥326.20	CN¥465.84 +42.8%	7.8%	CN¥545.00	CN¥397.86	CN¥172.98	11
Jul ’24	CN¥317.82	CN¥481.59 +51.5%	5.0%	CN¥545.00	CN¥450.00	CN¥173.66	9
Jun ’24	CN¥325.43	CN¥489.11 +50.3%	6.0%	CN¥545.00	CN¥450.00	CN¥201.13	8
May ’24	CN¥388.55	CN¥497.26 +28.0%	7.3%	CN¥562.50	CN¥450.00	CN¥214.80	9
Apr ’24	CN¥399.11	CN¥496.31 +24.4%	7.5%	CN¥562.50	CN¥444.29	CN¥249.94	9
Mar ’24	CN¥421.43	CN¥475.31 +12.8%	11.8%	CN¥563.36	CN¥432.25	CN¥229.44	7
Feb ’24	CN¥431.43	CN¥475.31 +10.2%	11.8%	CN¥563.36	CN¥432.25	CN¥201.70	7
Jan ’24	CN¥404.54	CN¥470.89 +16.4%	9.9%	CN¥562.50	CN¥432.25	CN¥210.24	8
Dec ’23	CN¥355.18	CN¥470.89 +32.6%	9.9%	CN¥562.50	CN¥432.25	CN¥212.86	8
Nov ’23	CN¥325.00	CN¥468.98 +44.3%	10.7%	CN¥562.50	CN¥397.98	CN¥231.14	9
Oct ’23	CN¥350.23	CN¥475.90 +35.9%	10.7%	CN¥562.50	CN¥397.98	CN¥278.76	8

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