Tongfu Microelectronics Co.,Ltd

XSEC:002156 Stock Report

Market Cap: CN¥45.0b

Tongfu MicroelectronicsLtd Valuation

Is 002156 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 002156 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002156 (CN¥29.63) is trading above our estimate of fair value (CN¥7.76)

Significantly Below Fair Value: 002156 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002156?

Key metric: As 002156 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002156. This is calculated by dividing 002156's market cap by their current earnings.
What is 002156's PE Ratio?
PE Ratio57.2x
EarningsCN¥785.62m
Market CapCN¥44.97b

Price to Earnings Ratio vs Peers

How does 002156's PE Ratio compare to its peers?

The above table shows the PE ratio for 002156 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average66.6x
688472 CSI Solar
25.4x24.0%CN¥51.2b
688249 Nexchip Semiconductor
108.2x43.4%CN¥49.6b
300661 SG Micro
96.5x42.2%CN¥40.9b
002049 Unigroup Guoxin Microelectronics
36.3x27.9%CN¥54.8b
002156 Tongfu MicroelectronicsLtd
57.2x37.3%CN¥45.0b

Price-To-Earnings vs Peers: 002156 is good value based on its Price-To-Earnings Ratio (57.2x) compared to the peer average (66.6x).

Price to Earnings Ratio vs Industry

How does 002156'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
002156 57.2xIndustry Avg. 62.2xNo. of Companies11PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002156 is good value based on its Price-To-Earnings Ratio (57.2x) compared to the CN Semiconductor industry average (62.2x).

Price to Earnings Ratio vs Fair Ratio

What is 002156'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.

002156 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio57.2x
Fair PE Ratio53.9x

Price-To-Earnings vs Fair Ratio: 002156 is expensive based on its Price-To-Earnings Ratio (57.2x) compared to the estimated Fair Price-To-Earnings Ratio (53.9x).

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 002156 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥29.63
CN¥27.43
-7.4%
12.9%CN¥31.29CN¥22.00n/a6
Nov ’25CN¥29.72
CN¥26.88
-9.6%
12.5%CN¥31.29CN¥22.00n/a6
Oct ’25CN¥22.89
CN¥25.90
+13.1%
10.9%CN¥30.00CN¥22.00n/a6
Sep ’25CN¥19.90
CN¥25.90
+30.2%
10.9%CN¥30.00CN¥22.00n/a6
Aug ’25CN¥22.72
CN¥26.39
+16.2%
10.6%CN¥30.00CN¥22.00n/a6
Jul ’25CN¥22.57
CN¥25.65
+13.7%
10.8%CN¥30.00CN¥22.00n/a7
Jun ’25CN¥22.97
CN¥24.90
+8.4%
11.0%CN¥30.00CN¥21.60n/a8
May ’25CN¥20.98
CN¥24.90
+18.7%
11.0%CN¥30.00CN¥21.60n/a8
Apr ’25CN¥22.69
CN¥24.62
+8.5%
12.8%CN¥30.00CN¥21.60n/a8
Mar ’25CN¥22.89
CN¥23.63
+3.3%
9.0%CN¥27.60CN¥21.60n/a7
Feb ’25CN¥18.68
CN¥23.63
+26.5%
9.0%CN¥27.60CN¥21.60n/a7
Jan ’25CN¥23.12
CN¥24.11
+4.3%
8.0%CN¥26.62CN¥21.60n/a7
Dec ’24CN¥22.46
CN¥24.11
+7.4%
8.0%CN¥26.62CN¥21.60n/a7
Nov ’24CN¥20.40
CN¥23.03
+12.9%
10.6%CN¥26.62CN¥20.00CN¥29.727
Oct ’24CN¥19.17
CN¥23.22
+21.1%
10.7%CN¥27.00CN¥20.00CN¥22.897
Sep ’24CN¥20.02
CN¥23.80
+18.9%
14.7%CN¥28.50CN¥20.00CN¥19.908
Aug ’24CN¥21.83
CN¥24.27
+11.2%
16.2%CN¥30.00CN¥20.00CN¥22.728
Jul ’24CN¥22.60
CN¥22.94
+1.5%
25.5%CN¥30.00CN¥11.80CN¥22.578
Jun ’24CN¥24.38
CN¥22.94
-5.9%
25.5%CN¥30.00CN¥11.80CN¥22.978
May ’24CN¥17.89
CN¥20.27
+13.3%
32.2%CN¥30.00CN¥11.00CN¥20.988
Apr ’24CN¥22.20
CN¥18.00
-18.9%
33.1%CN¥30.00CN¥11.00CN¥22.697
Mar ’24CN¥23.08
CN¥17.29
-25.1%
22.2%CN¥22.00CN¥11.00CN¥22.898
Feb ’24CN¥19.29
CN¥17.19
-10.9%
21.8%CN¥22.00CN¥11.00CN¥18.688
Jan ’24CN¥16.48
CN¥17.19
+4.3%
21.8%CN¥22.00CN¥11.00CN¥23.128
Dec ’23CN¥17.51
CN¥17.19
-1.8%
21.8%CN¥22.00CN¥11.00CN¥22.468
Nov ’23CN¥19.14
CN¥17.19
-10.2%
21.8%CN¥22.00CN¥11.00CN¥20.408

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

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