Shanghai Fortune Techgroup Co., Ltd.

SZSE:300493 Stock Report

Market Cap: CN¥7.6b

Shanghai Fortune Techgroup Valuation

Is 300493 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 300493 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300493 (CN¥14.91) is trading above our estimate of fair value (CN¥0.24)

Significantly Below Fair Value: 300493 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300493?

Key metric: As 300493 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300493. This is calculated by dividing 300493's market cap by their current revenue.
What is 300493's PS Ratio?
PS Ratio3x
SalesCN¥2.53b
Market CapCN¥7.64b

Price to Sales Ratio vs Peers

How does 300493's PS Ratio compare to its peers?

The above table shows the PS ratio for 300493 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.5x
601908 Beijing Jingyuntong Technology
1.2xn/aCN¥7.6b
300708 Focus Lightings Tech
2.8x17.1%CN¥7.5b
300393 Jolywood (Suzhou) SunwattLtd
1.1x37.3%CN¥8.1b
688766 Puya Semiconductor (Shanghai)
5.1x24.2%CN¥8.8b
300493 Shanghai Fortune Techgroup
3x10.7%CN¥7.6b

Price-To-Sales vs Peers: 300493 is expensive based on its Price-To-Sales Ratio (3x) compared to the peer average (2.5x).

Price to Sales Ratio vs Industry

How does 300493's PS Ratio compare vs other companies in the CN Semiconductor Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
688223 Jinko Solar
0.8x11.4%US$11.96b
002459 JA Solar Technology
0.7x15.0%US$7.73b
688599 Trina Solar
0.6x12.5%US$7.25b
600667 Wuxi Taiji Industry Limited
0.4x13.0%US$2.27b
300493 3.0xIndustry Avg. 6.8xNo. of Companies23PS048121620+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300493 is good value based on its Price-To-Sales Ratio (3x) compared to the CN Semiconductor industry average (6.8x).

Price to Sales Ratio vs Fair Ratio

What is 300493'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.

300493 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3x
Fair PS Ratio1.9x

Price-To-Sales vs Fair Ratio: 300493 is expensive based on its Price-To-Sales Ratio (3x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).

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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