Qingdao Topscomm Communication INC.

XSSC:603421 Stock Report

Market Cap: CN¥3.9b

Qingdao Topscomm Communication Valuation

Is 603421 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 603421 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603421 (CN¥6.05) is trading below our estimate of fair value (CN¥48.24)

Significantly Below Fair Value: 603421 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603421?

Key metric: As 603421 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603421. This is calculated by dividing 603421's market cap by their current earnings.
What is 603421's PE Ratio?
PE Ratio80.6x
EarningsCN¥48.97m
Market CapCN¥3.95b

Price to Earnings Ratio vs Peers

How does 603421's PE Ratio compare to its peers?

The above table shows the PE ratio for 603421 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.1x
603105 Zhejiang Sunoren Solar TechnologyLtd
20.2x23.4%CN¥4.4b
688325 Guangdong Cellwise Microelectronics
39.8xn/aCN¥3.9b
688589 Leaguer (Shenzhen) Microelectronics
44.5xn/aCN¥3.3b
688391 Hi-Trend Technology (Shanghai)
43.9xn/aCN¥3.6b
603421 Qingdao Topscomm Communication
80.6xn/aCN¥3.9b

Price-To-Earnings vs Peers: 603421 is expensive based on its Price-To-Earnings Ratio (80.6x) compared to the peer average (36.2x).


Price to Earnings Ratio vs Industry

How does 603421'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
603421 80.6xIndustry Avg. 60.3xNo. of Companies13PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603421 is expensive based on its Price-To-Earnings Ratio (80.6x) compared to the CN Semiconductor industry average (60.8x).


Price to Earnings Ratio vs Fair Ratio

What is 603421'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.

603421 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio80.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603421's Price-To-Earnings Fair Ratio for valuation analysis.


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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