Anji Microelectronics Technology (Shanghai) Co., Ltd.

SHSE:688019 Stock Report

Market Cap: CN¥19.3b

Anji Microelectronics Technology (Shanghai) Valuation

Is 688019 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 688019 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688019 (CN¥149.28) is trading above our estimate of fair value (CN¥61.54)

Significantly Below Fair Value: 688019 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688019?

Key metric: As 688019 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688019. This is calculated by dividing 688019's market cap by their current earnings.
What is 688019's PE Ratio?
PE Ratio40.2x
EarningsCN¥479.88m
Market CapCN¥19.27b

Price to Earnings Ratio vs Peers

How does 688019's PE Ratio compare to its peers?

The above table shows the PE ratio for 688019 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average68.4x
688037 KINGSEMI
146.7x61.0%CN¥20.3b
300776 Wuhan DR Laser TechnologyLtd
38.3x27.2%CN¥19.4b
300724 Shenzhen S.C New Energy Technology
9.7x10.0%CN¥23.5b
688409 Shenyang Fortune Precision Equipment
79.1x39.7%CN¥17.9b
688019 Anji Microelectronics Technology (Shanghai)
40.2x24.7%CN¥19.3b

Price-To-Earnings vs Peers: 688019 is good value based on its Price-To-Earnings Ratio (40.2x) compared to the peer average (68.4x).

Price to Earnings Ratio vs Industry

How does 688019'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
688019 40.2xIndustry Avg. 64.0xNo. of Companies15PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688019 is good value based on its Price-To-Earnings Ratio (40.2x) compared to the CN Semiconductor industry average (64x).

Price to Earnings Ratio vs Fair Ratio

What is 688019'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.

688019 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40.2x
Fair PE Ratio39.8x

Price-To-Earnings vs Fair Ratio: 688019 is expensive based on its Price-To-Earnings Ratio (40.2x) compared to the estimated Fair Price-To-Earnings Ratio (39.8x).

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 688019 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥149.28
CN¥142.81
-4.3%
14.5%CN¥170.30CN¥118.00n/a5
Nov ’25CN¥148.05
CN¥138.81
-6.2%
13.6%CN¥170.30CN¥118.00n/a5
Oct ’25CN¥140.01
CN¥134.01
-4.3%
9.1%CN¥146.30CN¥118.00n/a5
Sep ’25CN¥112.55
CN¥134.01
+19.1%
9.1%CN¥146.30CN¥118.00n/a5
Aug ’25CN¥115.10
CN¥139.71
+21.4%
6.9%CN¥146.77CN¥120.77n/a5
Jul ’25CN¥123.50
CN¥128.63
+4.2%
11.6%CN¥146.77CN¥108.28n/a5
Jun ’25CN¥120.78
CN¥135.20
+11.9%
8.4%CN¥146.77CN¥120.77n/a5
May ’25CN¥127.12
CN¥135.20
+6.4%
8.4%CN¥146.77CN¥120.77n/a5
Apr ’25CN¥108.09
CN¥134.74
+24.7%
6.6%CN¥146.77CN¥120.77n/a5
Mar ’25CN¥117.60
CN¥134.74
+14.6%
6.6%CN¥146.77CN¥120.77n/a5
Feb ’25CN¥98.00
CN¥141.97
+44.9%
8.9%CN¥159.23CN¥120.77n/a5
Jan ’25CN¥122.89
CN¥141.97
+15.5%
8.9%CN¥159.23CN¥120.77n/a5
Dec ’24CN¥131.63
CN¥141.97
+7.9%
8.9%CN¥159.23CN¥120.77n/a5
Nov ’24CN¥142.77
CN¥137.97
-3.4%
6.6%CN¥146.77CN¥120.77CN¥148.055
Oct ’24CN¥127.88
CN¥133.20
+4.2%
6.7%CN¥146.77CN¥120.77CN¥140.015
Sep ’24CN¥121.19
CN¥133.20
+9.9%
6.7%CN¥146.77CN¥120.77CN¥112.555
Aug ’24CN¥113.59
CN¥148.51
+30.7%
11.2%CN¥172.19CN¥120.77CN¥115.105
Jul ’24CN¥126.79
CN¥151.98
+19.9%
11.5%CN¥172.19CN¥120.77CN¥123.505
Jun ’24CN¥145.25
CN¥144.60
-0.4%
15.1%CN¥172.19CN¥106.51CN¥120.785
May ’24CN¥159.59
CN¥144.60
-9.4%
15.1%CN¥172.19CN¥106.51CN¥127.125
Apr ’24CN¥123.79
CN¥125.91
+1.7%
14.5%CN¥150.89CN¥106.51CN¥108.094
Mar ’24CN¥118.05
CN¥123.40
+4.5%
16.8%CN¥150.89CN¥100.59CN¥117.604
Feb ’24CN¥116.85
CN¥121.48
+4.0%
18.9%CN¥150.89CN¥92.90CN¥98.004
Jan ’24CN¥106.51
CN¥119.55
+12.2%
21.3%CN¥150.89CN¥85.21CN¥122.894
Dec ’23CN¥113.40
CN¥148.10
+30.6%
32.7%CN¥220.71CN¥85.21CN¥131.634
Nov ’23CN¥127.40
CN¥123.12
-3.4%
19.8%CN¥150.89CN¥85.21CN¥142.774

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

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