Circuit Fabology Microelectronics Equipment Co.,Ltd.

XSSC:688630 Stock Report

Market Cap: CN¥8.1b

Circuit Fabology Microelectronics EquipmentLtd Valuation

Is 688630 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 688630 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688630 (CN¥61.56) is trading above our estimate of fair value (CN¥2.93)

Significantly Below Fair Value: 688630 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688630?

Key metric: As 688630 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688630. This is calculated by dividing 688630's market cap by their current earnings.
What is 688630's PE Ratio?
PE Ratio37.4x
EarningsCN¥215.95m
Market CapCN¥8.08b

Price to Earnings Ratio vs Peers

How does 688630's PE Ratio compare to its peers?

The above table shows the PE ratio for 688630 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average49.9x
688721 Shenzhen Longtu Photomask
87.1xn/aCN¥8.1b
688652 Beijing Jingyi Automation Equipment
67xn/aCN¥8.9b
300861 Yangling Metron New Material
24.1x19.1%CN¥11.6b
688596 Shanghai GenTech
21.4x31.9%CN¥9.9b
688630 Circuit Fabology Microelectronics EquipmentLtd
37.4x32.0%CN¥8.1b

Price-To-Earnings vs Peers: 688630 is good value based on its Price-To-Earnings Ratio (37.4x) compared to the peer average (49.9x).

Price to Earnings Ratio vs Industry

How does 688630'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
688630 37.4xIndustry Avg. 60.3xNo. of Companies12PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688630 is good value based on its Price-To-Earnings Ratio (37.4x) compared to the CN Semiconductor industry average (60.8x).

Price to Earnings Ratio vs Fair Ratio

What is 688630'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.

688630 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.4x
Fair PE Ratio40.9x

Price-To-Earnings vs Fair Ratio: 688630 is good value based on its Price-To-Earnings Ratio (37.4x) compared to the estimated Fair Price-To-Earnings Ratio (40.9x).

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 688630 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥61.56
CN¥64.35
+4.5%
8.8%CN¥70.00CN¥58.70n/a2
Nov ’25CN¥66.01
CN¥62.30
-5.6%
12.4%CN¥70.00CN¥54.60n/a2
Oct ’25CN¥66.08
CN¥62.30
-5.7%
12.4%CN¥70.00CN¥54.60n/a2
Sep ’25CN¥55.88
CN¥62.30
+11.5%
12.4%CN¥70.00CN¥54.60n/a2
Aug ’25CN¥60.31
CN¥59.53
-1.3%
12.4%CN¥70.00CN¥54.00n/a3
Jul ’25CN¥62.02
CN¥59.53
-4.0%
12.4%CN¥70.00CN¥54.00n/a3
Jun ’25CN¥64.80
CN¥59.53
-8.1%
12.4%CN¥70.00CN¥54.00n/a3
May ’25CN¥65.65
CN¥67.50
+2.8%
22.5%CN¥91.39CN¥54.00n/a4
Apr ’25CN¥64.44
CN¥70.60
+9.6%
23.3%CN¥91.39CN¥54.00n/a4
Mar ’25CN¥70.01
CN¥70.60
+0.8%
23.3%CN¥91.39CN¥54.00n/a4
Feb ’25CN¥55.96
CN¥70.60
+26.2%
23.3%CN¥91.39CN¥54.00n/a4
Jan ’25CN¥85.37
CN¥69.10
-19.1%
26.2%CN¥91.39CN¥48.00n/a4
Dec ’24CN¥82.35
CN¥69.10
-16.1%
26.2%CN¥91.39CN¥48.00n/a4
Nov ’24CN¥79.50
CN¥75.09
-5.6%
27.4%CN¥99.04CN¥44.00CN¥66.015
Oct ’24CN¥65.80
CN¥75.09
+14.1%
27.4%CN¥99.04CN¥44.00CN¥66.085
Sep ’24CN¥70.35
CN¥82.86
+17.8%
18.1%CN¥99.04CN¥59.00CN¥55.884
Aug ’24CN¥74.93
CN¥90.01
+20.1%
19.9%CN¥102.00CN¥59.00CN¥60.314
Jul ’24CN¥84.02
CN¥90.26
+7.4%
19.4%CN¥102.00CN¥60.00CN¥62.024
Jun ’24CN¥71.70
CN¥93.51
+30.4%
12.7%CN¥102.00CN¥73.00CN¥64.804
May ’24CN¥75.28
CN¥93.51
+24.2%
12.7%CN¥102.00CN¥73.00CN¥65.654
Apr ’24CN¥78.30
CN¥93.01
+18.8%
13.7%CN¥102.00CN¥71.00CN¥64.444
Mar ’24n/a
CN¥92.51
0%
14.7%CN¥102.00CN¥69.00CN¥70.014
Feb ’24n/a
CN¥93.26
0%
13.2%CN¥102.00CN¥72.00CN¥55.964
Jan ’24n/a
CN¥91.26
0%
17.3%CN¥102.00CN¥64.00CN¥85.374
Dec ’23n/a
CN¥88.35
0%
19.5%CN¥102.00CN¥64.00CN¥82.353
Nov ’23n/a
CN¥84.00
0%
21.4%CN¥102.00CN¥66.00CN¥79.502

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

JA Solar Technology

CN¥55.3b

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

2459

CN¥16.84

7D

-1.2%

1Y

-18.9%

JCET Group

CN¥67.2b

Provides integrated-circuit manufacturing and technology services worldwide.

600584

CN¥37.57

7D

-10.5%

1Y

22.0%

Semiconductor Manufacturing International

HK$329.8b

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

688981

HK$85.10

7D

-10.3%

1Y

56.0%