Jiangsu Pacific Quartz Co., Ltd

SHSE:603688 Stock Report

Market Cap: CN¥15.9b

Jiangsu Pacific Quartz Valuation

Is 603688 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 603688 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603688 (CN¥30.44) is trading above our estimate of fair value (CN¥26.44)

Significantly Below Fair Value: 603688 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603688?

Key metric: As 603688 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603688. This is calculated by dividing 603688's market cap by their current earnings.
What is 603688's PE Ratio?
PE Ratio14.3x
EarningsCN¥1.14b
Market CapCN¥15.89b

Price to Earnings Ratio vs Peers

How does 603688's PE Ratio compare to its peers?

The above table shows the PE ratio for 603688 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.9x
688516 Wuxi Autowell TechnologyLtd
9.8x15.1%CN¥15.1b
688147 Jiangsu Leadmicro Nano-Equipment Technology
51x43.6%CN¥12.9b
688409 Shenyang Fortune Precision Equipment
82.8x39.7%CN¥18.1b
688503 Changzhou Fusion New Material
31.9x29.3%CN¥12.9b
603688 Jiangsu Pacific Quartz
14.3x7.6%CN¥15.9b

Price-To-Earnings vs Peers: 603688 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (43.9x).

Price to Earnings Ratio vs Industry

How does 603688'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
603688 14.3xIndustry Avg. 60.7xNo. of Companies13PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603688 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the CN Semiconductor industry average (60.7x).

Price to Earnings Ratio vs Fair Ratio

What is 603688'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.

603688 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.3x
Fair PE Ratio28.4x

Price-To-Earnings vs Fair Ratio: 603688 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the estimated Fair Price-To-Earnings Ratio (28.4x).

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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