Primarius Technologies Co., Ltd.

SHSE:688206 Stock Report

Market Cap: CN¥9.6b

Primarius Technologies Valuation

Is 688206 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 688206 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 688206's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 688206's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688206?

Key metric: As 688206 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688206. This is calculated by dividing 688206's market cap by their current revenue.
What is 688206's PS Ratio?
PS Ratio25x
SalesCN¥386.03m
Market CapCN¥9.64b

Price to Sales Ratio vs Peers

How does 688206's PS Ratio compare to its peers?

The above table shows the PS ratio for 688206 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.3x
002079 Suzhou Good-Ark Electronics
1.5xn/aCN¥8.8b
688403 Union Semiconductor (Hefei)
5.5xn/aCN¥7.8b
688123 Giantec Semiconductor
9.3x20.7%CN¥9.0b
688252 Jadard Technology
5x28.3%CN¥9.3b
688206 Primarius Technologies
25x27.5%CN¥9.6b

Price-To-Sales vs Peers: 688206 is expensive based on its Price-To-Sales Ratio (25x) compared to the peer average (5.3x).

Price to Sales Ratio vs Industry

How does 688206's PS Ratio compare vs other companies in the CN Semiconductor Industry?

11 CompaniesPrice / SalesEstimated GrowthMarket Cap
688223 Jinko Solar
0.8x11.4%US$12.09b
002459 JA Solar Technology
0.8x15.0%US$7.89b
688599 Trina Solar
0.6x12.5%US$7.29b
300118 Risen EnergyLtd
0.7xn/aUS$2.26b
688206 25.0xIndustry Avg. 6.8xNo. of Companies29PS048121620+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 688206 is expensive based on its Price-To-Sales Ratio (25x) compared to the CN Semiconductor industry average (6.8x).

Price to Sales Ratio vs Fair Ratio

What is 688206's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

688206 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio25x
Fair PS Ratio30.8x

Price-To-Sales vs Fair Ratio: 688206 is good value based on its Price-To-Sales Ratio (25x) compared to the estimated Fair Price-To-Sales Ratio (30.8x).

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 688206 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥22.28
CN¥20.40
-8.4%
14.5%CN¥24.20CN¥17.00n/a3
Nov ’25CN¥19.09
CN¥19.58
+2.5%
16.7%CN¥24.20CN¥17.00n/a3
Oct ’25CN¥17.80
CN¥17.24
-3.1%
1.3%CN¥17.53CN¥17.00n/a3
Sep ’25CN¥13.30
CN¥17.24
+29.6%
1.3%CN¥17.53CN¥17.00n/a3
Aug ’25CN¥15.85
CN¥18.83
+18.8%
11.8%CN¥21.96CN¥17.00n/a3
Jul ’25CN¥14.37
CN¥19.15
+33.3%
10.8%CN¥21.96CN¥17.00n/a3
Jun ’25CN¥14.42
CN¥19.15
+32.8%
10.8%CN¥21.96CN¥17.00n/a3
May ’25CN¥15.32
CN¥20.28
+32.4%
8.3%CN¥21.96CN¥18.60n/a2
Apr ’25CN¥15.90
CN¥27.04
+70.1%
22.3%CN¥33.08CN¥21.00n/a2
Mar ’25CN¥17.84
CN¥30.89
+73.2%
17.1%CN¥36.00CN¥23.60n/a3
Feb ’25CN¥15.03
CN¥30.89
+105.5%
17.1%CN¥36.00CN¥23.60n/a3
Jan ’25CN¥21.80
CN¥32.09
+47.2%
11.4%CN¥36.00CN¥27.20n/a3
Dec ’24CN¥23.10
CN¥32.09
+38.9%
11.4%CN¥36.00CN¥27.20n/a3
Nov ’24CN¥23.65
CN¥32.53
+37.5%
9.5%CN¥36.00CN¥28.50CN¥19.093
Oct ’24CN¥25.21
CN¥33.14
+31.4%
10.0%CN¥36.00CN¥28.50CN¥17.803
Sep ’24CN¥24.52
CN¥33.14
+35.1%
10.0%CN¥36.00CN¥28.50CN¥13.303
Aug ’24CN¥25.82
CN¥41.76
+61.7%
18.6%CN¥50.59CN¥31.70CN¥15.853
Jul ’24CN¥28.04
CN¥42.93
+53.1%
14.6%CN¥50.59CN¥35.20CN¥14.373
Jun ’24CN¥30.33
CN¥42.93
+41.5%
14.6%CN¥50.59CN¥35.20CN¥14.423
May ’24CN¥29.88
CN¥42.93
+43.7%
14.6%CN¥50.59CN¥35.20CN¥15.323
Apr ’24CN¥33.92
CN¥41.32
+21.8%
15.3%CN¥47.63CN¥35.00CN¥15.902
Mar ’24CN¥29.35
CN¥41.32
+40.8%
15.3%CN¥47.63CN¥35.00CN¥17.842
Feb ’24CN¥30.65
CN¥41.82
+36.4%
13.9%CN¥47.63CN¥36.00CN¥15.032
Jan ’24CN¥28.12
CN¥42.32
+50.5%
12.6%CN¥47.63CN¥37.00CN¥21.802
Dec ’23CN¥31.20
CN¥38.83
+24.4%
16.9%CN¥47.63CN¥31.85CN¥23.103
Nov ’23CN¥36.79
CN¥38.83
+5.5%
16.9%CN¥47.63CN¥31.85CN¥23.653

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

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