Shenzhen Goodix Technology Co., Ltd.

SHSE:603160 Stock Report

Market Cap: CN¥39.4b

Shenzhen Goodix Technology Valuation

Is 603160 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-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 603160 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603160 (CN¥83.56) is trading above our estimate of fair value (CN¥5.89)

Significantly Below Fair Value: 603160 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603160?

Key metric: As 603160 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603160. This is calculated by dividing 603160's market cap by their current earnings.
What is 603160's PE Ratio?
PE Ratio63.6x
EarningsCN¥600.72m
Market CapCN¥39.42b

Price to Earnings Ratio vs Peers

How does 603160's PE Ratio compare to its peers?

The above table shows the PE ratio for 603160 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average99.8x
300223 Ingenic SemiconductorLtd
76.1x39.2%CN¥35.9b
301536 SigmaStar Technology
138.1xn/aCN¥31.8b
002185 Tianshui Huatian Technology
76.4x37.1%CN¥39.1b
603893 Rockchip Electronics
108.4x35.7%CN¥46.3b
603160 Shenzhen Goodix Technology
63.6x18.5%CN¥39.4b

Price-To-Earnings vs Peers: 603160 is good value based on its Price-To-Earnings Ratio (63.6x) compared to the peer average (99.8x).


Price to Earnings Ratio vs Industry

How does 603160'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
603160 63.6xIndustry Avg. 67.8xNo. of Companies13PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603160 is good value based on its Price-To-Earnings Ratio (63.6x) compared to the CN Semiconductor industry average (67.8x).


Price to Earnings Ratio vs Fair Ratio

What is 603160'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.

603160 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio63.6x
Fair PE Ratio36.1x

Price-To-Earnings vs Fair Ratio: 603160 is expensive based on its Price-To-Earnings Ratio (63.6x) compared to the estimated Fair Price-To-Earnings Ratio (36.1x).


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 603160 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥83.56
CN¥69.00
-17.4%
5.2%CN¥72.00CN¥62.00n/a5
Dec ’25n/a
CN¥69.00
0%
5.2%CN¥72.00CN¥62.00n/a5
Nov ’25CN¥84.25
CN¥69.00
-18.1%
5.2%CN¥72.00CN¥62.00n/a5
Oct ’25CN¥69.96
CN¥69.00
-1.4%
5.2%CN¥72.00CN¥62.00n/a5
Sep ’25CN¥63.46
CN¥66.84
+5.3%
6.4%CN¥71.00CN¥61.20n/a5
Aug ’25CN¥62.95
CN¥67.64
+7.5%
7.8%CN¥75.00CN¥61.20n/a5
Jul ’25CN¥69.07
CN¥62.53
-9.5%
19.8%CN¥75.00CN¥37.00n/a6
Jun ’25CN¥61.79
CN¥57.50
-6.9%
28.2%CN¥81.00CN¥37.00n/a7
May ’25CN¥61.53
CN¥56.76
-7.7%
31.3%CN¥93.00CN¥37.00n/a8
Apr ’25CN¥61.09
CN¥59.56
-2.5%
29.0%CN¥93.00CN¥37.00n/a7
Mar ’25CN¥64.62
CN¥59.56
-7.8%
29.0%CN¥93.00CN¥37.00n/a7
Feb ’25CN¥52.76
CN¥59.56
+12.9%
29.0%CN¥93.00CN¥37.00n/a7
Jan ’25CN¥69.10
CN¥56.66
-18.0%
30.1%CN¥93.00CN¥37.00n/a7
Dec ’24CN¥71.28
CN¥56.66
-20.5%
30.1%CN¥93.00CN¥37.00n/a7
Nov ’24CN¥74.21
CN¥50.59
-31.8%
18.0%CN¥62.60CN¥37.00CN¥84.257
Oct ’24CN¥61.20
CN¥49.97
-18.3%
17.0%CN¥62.60CN¥37.00CN¥69.967
Sep ’24CN¥59.00
CN¥48.79
-17.3%
16.2%CN¥62.60CN¥37.00CN¥63.468
Aug ’24CN¥52.78
CN¥48.66
-7.8%
16.3%CN¥62.60CN¥37.00CN¥62.958
Jul ’24CN¥46.25
CN¥42.71
-7.6%
28.5%CN¥62.60CN¥22.00CN¥69.079
Jun ’24CN¥51.70
CN¥42.14
-18.5%
27.7%CN¥62.60CN¥22.00CN¥61.7910
May ’24CN¥51.90
CN¥42.31
-18.5%
28.8%CN¥62.00CN¥22.00CN¥61.539
Apr ’24CN¥56.83
CN¥42.54
-25.2%
27.6%CN¥62.00CN¥24.00CN¥61.099
Mar ’24CN¥54.36
CN¥43.61
-19.8%
27.6%CN¥62.60CN¥24.00CN¥64.6210
Feb ’24CN¥53.10
CN¥43.61
-17.9%
27.6%CN¥62.60CN¥24.00CN¥52.7610
Jan ’24CN¥50.20
CN¥48.38
-3.6%
38.4%CN¥95.00CN¥25.00CN¥69.1011
Dec ’23CN¥51.84
CN¥48.47
-6.5%
38.1%CN¥95.00CN¥26.00CN¥71.2811

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:07
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shenzhen Goodix Technology Co., Ltd. is covered by 26 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daley LiBofA Global Research
Kam Wai KwokCGS International
Chengning LiChina International Capital Corporation Limited