Qingdao Gaoce Technology Co., Ltd

XSSC:688556 Stock Report

Market Cap: CN¥7.1b

Qingdao Gaoce Technology Valuation

Is 688556 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 688556 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688556 (CN¥12.91) is trading above our estimate of fair value (CN¥3.03)

Significantly Below Fair Value: 688556 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688556?

Key metric: As 688556 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688556. This is calculated by dividing 688556's market cap by their current earnings.
What is 688556's PE Ratio?
PE Ratio14.3x
EarningsCN¥493.73m
Market CapCN¥7.06b

Price to Earnings Ratio vs Peers

How does 688556's PE Ratio compare to its peers?

The above table shows the PE ratio for 688556 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.2x
300842 Wuxi DK Electronic MaterialsLtd
16.9x29.6%CN¥6.5b
688596 Shanghai GenTech
22x31.9%CN¥10.2b
688478 Crystal Growth & Energy EquipmentLtd
52.1x35.8%CN¥4.3b
688630 Circuit Fabology Microelectronics EquipmentLtd
37.9x32.0%CN¥8.2b
688556 Qingdao Gaoce Technology
14.3x15.4%CN¥7.1b

Price-To-Earnings vs Peers: 688556 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (32.2x).

Price to Earnings Ratio vs Industry

How does 688556'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
688556 14.3xIndustry Avg. 61.1xNo. of Companies15PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688556 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the CN Semiconductor industry average (64x).

Price to Earnings Ratio vs Fair Ratio

What is 688556'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.

688556 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.3x
Fair PE Ratio31.4x

Price-To-Earnings vs Fair Ratio: 688556 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the estimated Fair Price-To-Earnings Ratio (31.4x).

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 688556 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥12.91
CN¥12.47
-3.4%
23.0%CN¥15.33CN¥7.00n/a5
Nov ’25CN¥13.13
CN¥12.47
-5.1%
23.0%CN¥15.33CN¥7.00n/a5
Oct ’25CN¥14.24
CN¥12.12
-14.9%
21.4%CN¥14.00CN¥7.00n/a5
Sep ’25CN¥10.80
CN¥18.80
+74.0%
29.1%CN¥24.38CN¥11.00n/a5
Aug ’25CN¥11.95
CN¥20.06
+67.9%
24.0%CN¥24.38CN¥11.00n/a5
Jul ’25CN¥11.96
CN¥20.06
+67.7%
24.0%CN¥24.38CN¥11.00n/a5
Jun ’25CN¥16.09
CN¥21.41
+33.0%
24.9%CN¥28.13CN¥11.00n/a6
May ’25CN¥17.74
CN¥22.70
+28.0%
13.8%CN¥28.13CN¥18.75n/a6
Apr ’25CN¥19.89
CN¥23.45
+17.9%
11.8%CN¥28.13CN¥18.75n/a6
Mar ’25CN¥19.38
CN¥28.39
+46.5%
27.2%CN¥41.25CN¥18.75n/a6
Feb ’25CN¥16.84
CN¥32.87
+95.2%
31.5%CN¥49.38CN¥18.75n/a6
Jan ’25CN¥24.37
CN¥36.28
+48.9%
24.0%CN¥49.38CN¥23.13n/a6
Dec ’24CN¥25.78
CN¥36.28
+40.7%
24.0%CN¥49.38CN¥23.13n/a6
Nov ’24CN¥28.53
CN¥37.74
+32.3%
25.0%CN¥49.38CN¥23.13CN¥13.134
Oct ’24CN¥28.71
CN¥38.80
+35.1%
25.1%CN¥53.75CN¥23.13CN¥14.245
Sep ’24CN¥29.44
CN¥40.05
+36.0%
19.6%CN¥53.75CN¥29.38CN¥10.805
Aug ’24CN¥29.56
CN¥40.85
+38.2%
23.2%CN¥55.63CN¥29.38CN¥11.954
Jul ’24CN¥33.21
CN¥40.88
+23.1%
19.2%CN¥51.25CN¥30.00CN¥11.964
Jun ’24CN¥28.84
CN¥40.90
+41.8%
19.3%CN¥51.34CN¥30.00CN¥16.094
May ’24CN¥31.43
CN¥40.99
+30.4%
18.9%CN¥51.34CN¥30.36CN¥17.744
Apr ’24CN¥31.77
CN¥44.44
+39.9%
24.0%CN¥55.80CN¥30.36CN¥19.894
Mar ’24CN¥32.21
CN¥44.44
+38.0%
24.0%CN¥55.80CN¥30.36CN¥19.384
Feb ’24CN¥36.50
CN¥44.44
+21.7%
24.0%CN¥55.80CN¥30.36CN¥16.844
Jan ’24CN¥33.49
CN¥44.44
+32.7%
24.0%CN¥55.80CN¥30.36CN¥24.374
Dec ’23CN¥35.24
CN¥46.60
+32.2%
24.7%CN¥55.80CN¥30.36CN¥25.783
Nov ’23CN¥37.85
CN¥54.72
+44.6%
2.0%CN¥55.80CN¥53.64CN¥28.532

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

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