JCET Group Co., Ltd.

SHSE:600584 Stock Report

Market Cap: CN¥75.1b

JCET Group Valuation

Is 600584 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-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 600584 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600584 (CN¥41.63) is trading below our estimate of fair value (CN¥58.29)

Significantly Below Fair Value: 600584 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600584?

Key metric: As 600584 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600584. This is calculated by dividing 600584's market cap by their current earnings.
What is 600584's PE Ratio?
PE Ratio47.3x
EarningsCN¥1.57b
Market CapCN¥75.12b

Price to Earnings Ratio vs Peers

How does 600584's PE Ratio compare to its peers?

The above table shows the PE ratio for 600584 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average81.8x
688008 Montage Technology
65x38.9%CN¥77.9b
688396 China Resources Microelectronics
76x30.2%CN¥70.6b
600703 Sanan OptoelectronicsLtd
148.5x62.4%CN¥65.8b
002049 Unigroup Guoxin Microelectronics
37.7x27.9%CN¥57.1b
600584 JCET Group
47.3x36.0%CN¥75.1b

Price-To-Earnings vs Peers: 600584 is good value based on its Price-To-Earnings Ratio (47.3x) compared to the peer average (81.8x).

Price to Earnings Ratio vs Industry

How does 600584's PE Ratio compare vs other companies in the CN Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
600584 47.3xIndustry Avg. 63.0xNo. of Companies15PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600584 is good value based on its Price-To-Earnings Ratio (47.3x) compared to the CN Semiconductor industry average (63x).

Price to Earnings Ratio vs Fair Ratio

What is 600584'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.

600584 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47.3x
Fair PE Ratio51.7x

Price-To-Earnings vs Fair Ratio: 600584 is good value based on its Price-To-Earnings Ratio (47.3x) compared to the estimated Fair Price-To-Earnings Ratio (51.7x).

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 600584 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥41.63
CN¥41.25
-0.9%
18.8%CN¥50.50CN¥22.70n/a11
Nov ’25CN¥38.59
CN¥41.25
+6.9%
18.8%CN¥50.50CN¥22.70n/a11
Oct ’25CN¥35.33
CN¥37.90
+7.3%
16.2%CN¥45.00CN¥22.70n/a11
Sep ’25CN¥32.65
CN¥38.38
+17.6%
13.1%CN¥45.00CN¥28.00n/a11
Aug ’25CN¥33.92
CN¥36.56
+7.8%
13.7%CN¥45.00CN¥25.80n/a11
Jul ’25CN¥31.37
CN¥36.01
+14.8%
14.2%CN¥45.00CN¥25.80n/a12
Jun ’25CN¥25.97
CN¥35.00
+34.8%
17.6%CN¥45.00CN¥20.90n/a14
May ’25CN¥25.77
CN¥35.51
+37.8%
17.7%CN¥45.00CN¥20.90n/a14
Apr ’25CN¥28.12
CN¥37.12
+32.0%
20.3%CN¥52.00CN¥20.90n/a14
Mar ’25CN¥26.69
CN¥37.12
+39.1%
20.3%CN¥52.00CN¥20.90n/a14
Feb ’25CN¥22.67
CN¥37.12
+63.7%
20.3%CN¥52.00CN¥20.90n/a14
Jan ’25CN¥29.86
CN¥38.22
+28.0%
17.8%CN¥52.00CN¥21.60n/a14
Dec ’24CN¥30.54
CN¥38.22
+25.1%
17.8%CN¥52.00CN¥21.60n/a14
Nov ’24CN¥30.58
CN¥37.42
+22.4%
18.7%CN¥52.00CN¥20.10CN¥38.5913
Oct ’24CN¥30.50
CN¥37.66
+23.5%
18.5%CN¥52.00CN¥20.10CN¥35.3313
Sep ’24CN¥32.38
CN¥37.57
+16.0%
19.2%CN¥52.00CN¥20.10CN¥32.6513
Aug ’24CN¥33.20
CN¥37.44
+12.8%
18.1%CN¥44.85CN¥20.10CN¥33.9213
Jul ’24CN¥31.17
CN¥34.80
+11.6%
23.3%CN¥44.85CN¥18.10CN¥31.3712
Jun ’24CN¥30.56
CN¥34.80
+13.9%
23.3%CN¥44.85CN¥18.10CN¥25.9712
May ’24CN¥27.55
CN¥33.49
+21.6%
27.5%CN¥44.85CN¥18.10CN¥25.7712
Apr ’24CN¥32.45
CN¥28.45
-12.3%
33.2%CN¥45.00CN¥16.00CN¥28.1211
Mar ’24CN¥29.18
CN¥27.13
-7.0%
27.1%CN¥40.00CN¥16.00CN¥26.6912
Feb ’24CN¥27.59
CN¥27.13
-1.7%
27.1%CN¥40.00CN¥16.00CN¥22.6712
Jan ’24CN¥23.05
CN¥26.96
+17.0%
28.2%CN¥40.00CN¥14.60CN¥29.8612
Dec ’23CN¥24.91
CN¥26.96
+8.2%
28.2%CN¥40.00CN¥14.60CN¥30.5412
Nov ’23CN¥23.97
CN¥26.60
+11.0%
29.0%CN¥40.00CN¥14.60CN¥30.5813

Analyst Forecast: Target price is lower than the current share price.

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