Maxic Technology Valuation

Is 688458 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 688458 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688458 (CN¥36.4) is trading above our estimate of fair value (CN¥1.91)

Significantly Below Fair Value: 688458 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688458?

Key metric: As 688458 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688458. This is calculated by dividing 688458's market cap by their current revenue.
What is 688458's PS Ratio?
PS Ratio	8.8x
Sales	CN¥447.02m
Market Cap	CN¥3.92b

688458 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	5.4x
Enterprise Value/EBITDA	-32.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 688458's PS Ratio compare to its peers?

The above table shows the PS ratio for 688458 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	6.9x
688620 Guangzhou Anyka Microelectronics	6.6x	19.1%	CN¥3.8b
688135 Guangdong Leadyo IC Testing	7.7x	n/a	CN¥3.7b
300111 Zhejiang Sunflower Great Health	12.4x	n/a	CN¥4.1b
600537 EGing Photovoltaic TechnologyLtd	1x	n/a	CN¥4.1b
688458 Maxic Technology	8.8x	33.5%	CN¥3.9b

Price-To-Sales vs Peers: 688458 is expensive based on its Price-To-Sales Ratio (8.8x) compared to the peer average (6.9x).

Price to Sales Ratio vs Industry

How does 688458's PS Ratio compare vs other companies in the CN Semiconductor Industry?

11 Companies	Price / Sales	Estimated Growth	Market Cap
688223 Jinko Solar	0.8x	11.4%	US$12.09b
002459 JA Solar Technology	0.7x	15.0%	US$7.73b
688599 Trina Solar	0.6x	12.5%	US$7.26b
002506 GCL System Integration Technology	0.9x	33.5%	US$2.41b

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 688458 is expensive based on its Price-To-Sales Ratio (8.8x) compared to the CN Semiconductor industry average (7.1x).

Price to Sales Ratio vs Fair Ratio

What is 688458'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.

688458 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	8.8x
Fair PS Ratio	5.4x

Price-To-Sales vs Fair Ratio: 688458 is expensive based on its Price-To-Sales Ratio (8.8x) compared to the estimated Fair Price-To-Sales Ratio (5.4x).

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.

Discover undervalued companies

Giantec Semiconductor

CN¥9.2b

Engages in the research, development, design, and sale of memory, analog, and mixed-signal integrated circuits in China, Taiwan, South Korea, Hong Kong, the United States, Japan, the Southeast Asia, Europe, and internationally.

688123

CN¥58.43

-4.4%

-11.2%

JA Solar Technology

CN¥56.0b

Engages in the production and processing of monocrystalline silicon rods and monocrystalline silicon wafers primarily in China.

2459

CN¥17.06

-3.1%

-23.0%