Dosilicon Co., Ltd.

XSSC:688110 Stock Report

Market Cap: CN¥9.9b

Dosilicon Valuation

Is 688110 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 688110 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688110 (CN¥22.58) is trading above our estimate of fair value (CN¥0.12)

Significantly Below Fair Value: 688110 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688110?

Key metric: As 688110 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688110. This is calculated by dividing 688110's market cap by their current revenue.
What is 688110's PS Ratio?
PS Ratio16.3x
SalesCN¥606.45m
Market CapCN¥9.86b

Price to Sales Ratio vs Peers

How does 688110's PS Ratio compare to its peers?

The above table shows the PS ratio for 688110 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average21.3x
300671 Shenzhen Fine Made Electronics Group
12.2xn/aCN¥8.3b
300053 Zhuhai Aerospace Microchips Science & Technology
42xn/aCN¥10.4b
688368 Shanghai Bright Power Semiconductor
5.4x16.9%CN¥8.3b
688048 Suzhou Everbright Photonics
25.7x26.2%CN¥7.2b
688110 Dosilicon
16.3x37.8%CN¥9.9b

Price-To-Sales vs Peers: 688110 is good value based on its Price-To-Sales Ratio (16.3x) compared to the peer average (21.5x).

Price to Sales Ratio vs Industry

How does 688110's PS Ratio compare vs other companies in the CN Semiconductor Industry?

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
688223 Jinko Solar
0.8x11.4%US$12.08b
002459 JA Solar Technology
0.7x15.0%US$7.77b
688599 Trina Solar
0.5x12.5%US$7.25b
002506 GCL System Integration Technology
0.9x33.5%US$2.22b
688110 16.3xIndustry Avg. 6.9xNo. of Companies24PS048121620+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 688110 is expensive based on its Price-To-Sales Ratio (16.3x) compared to the CN Semiconductor industry average (6.7x).

Price to Sales Ratio vs Fair Ratio

What is 688110'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.

688110 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio16.3x
Fair PS Ratio2x

Price-To-Sales vs Fair Ratio: 688110 is expensive based on its Price-To-Sales Ratio (16.3x) compared to the estimated Fair Price-To-Sales Ratio (2x).

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

JA Solar Technology

CN¥56.3b

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

2459

CN¥17.15

7D

1.0%

1Y

-14.8%

Giantec Semiconductor

CN¥8.8b

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¥55.80

7D

-4.9%

1Y

-14.8%

Semiconductor Manufacturing International

HK$341.6b

An investment holding company, engages in the manufacture, testing, and sale of integrated circuits in the United States, China, and Eurasia.

688981

HK$88.00

7D

-5.7%

1Y

63.9%