360 Security Technology Inc.

SHSE:601360 Stock Report

Market Cap: CN¥106.7b

360 Security Technology Valuation

Is 601360 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 601360 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601360 (CN¥15.24) is trading above our estimate of fair value (CN¥0.32)

Significantly Below Fair Value: 601360 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601360?

Key metric: As 601360 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 601360. This is calculated by dividing 601360's market cap by their current revenue.
What is 601360's PS Ratio?
PS Ratio13.5x
SalesCN¥7.93b
Market CapCN¥106.67b

Price to Sales Ratio vs Peers

How does 601360's PS Ratio compare to its peers?

The above table shows the PS ratio for 601360 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average26.8x
300339 Jiangsu Hoperun Software
14.5x19.4%CN¥48.7b
301269 Empyrean Technology
59.2x27.0%CN¥66.0b
688692 Wuhan Dameng Database
30.1x17.4%CN¥29.4b
300454 Sangfor Technologies
3.5x11.3%CN¥26.5b
601360 360 Security Technology
13.5x7.7%CN¥106.7b

Price-To-Sales vs Peers: 601360 is good value based on its Price-To-Sales Ratio (13.5x) compared to the peer average (26.8x).

Price to Sales Ratio vs Industry

How does 601360's PS Ratio compare vs other companies in the CN Software Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
300038 Beijing Shuzhi TechnologyLtd
0.2xn/aUS$52.48m
688555 Essence Information Technology
0.7xn/aUS$12.88m
No more companies available in this PS range
601360 13.5xIndustry Avg. 7.0xNo. of Companies20PS048121620+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 601360 is expensive based on its Price-To-Sales Ratio (13.5x) compared to the CN Software industry average (7x).

Price to Sales Ratio vs Fair Ratio

What is 601360'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.

601360 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio13.5x
Fair PS Ratio9.2x

Price-To-Sales vs Fair Ratio: 601360 is expensive based on its Price-To-Sales Ratio (13.5x) compared to the estimated Fair Price-To-Sales Ratio (9.2x).

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 601360 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥15.24
CN¥6.20
-59.3%
29.0%CN¥8.00CN¥4.40n/a2
Nov ’25CN¥9.33
CN¥6.20
-33.5%
29.0%CN¥8.00CN¥4.40n/a2
Oct ’25CN¥8.81
CN¥6.20
-29.6%
29.0%CN¥8.00CN¥4.40n/a2
Sep ’25CN¥7.00
CN¥6.20
-11.4%
29.0%CN¥8.00CN¥4.40n/a2
Aug ’25CN¥7.48
CN¥6.40
-14.4%
25.0%CN¥8.00CN¥4.80n/a2
Jul ’25CN¥7.68
CN¥7.40
-3.6%
35.1%CN¥10.00CN¥4.80n/a2
Jun ’25CN¥8.23
CN¥7.40
-10.1%
35.1%CN¥10.00CN¥4.80n/a2
May ’25CN¥8.53
CN¥7.40
-13.2%
35.1%CN¥10.00CN¥4.80n/a2
Apr ’25CN¥8.88
CN¥7.40
-16.7%
35.1%CN¥10.00CN¥4.80n/a2
Mar ’25CN¥9.65
CN¥7.40
-23.3%
35.1%CN¥10.00CN¥4.80n/a2
Feb ’25CN¥7.06
CN¥7.40
+4.8%
35.1%CN¥10.00CN¥4.80n/a2
Jan ’25CN¥9.01
CN¥7.40
-17.9%
35.1%CN¥10.00CN¥4.80n/a2
Dec ’24CN¥9.02
CN¥11.97
+32.7%
56.8%CN¥21.10CN¥4.80n/a3
Nov ’24CN¥8.93
CN¥12.63
+41.5%
52.8%CN¥21.10CN¥4.80CN¥9.333
Oct ’24CN¥9.83
CN¥12.53
+27.5%
54.2%CN¥21.10CN¥4.50CN¥8.813
Sep ’24CN¥11.06
CN¥12.53
+13.3%
54.2%CN¥21.10CN¥4.50CN¥7.003
Aug ’24CN¥11.94
CN¥12.53
+5.0%
54.2%CN¥21.10CN¥4.50CN¥7.483
Jul ’24CN¥12.54
CN¥12.53
-0.05%
54.2%CN¥21.10CN¥4.50CN¥7.683
Jun ’24CN¥14.51
CN¥12.20
-15.9%
56.0%CN¥21.10CN¥4.50CN¥8.233
May ’24CN¥15.97
CN¥7.63
-52.2%
34.8%CN¥11.00CN¥4.50CN¥8.533
Apr ’24CN¥17.45
CN¥7.63
-56.3%
34.8%CN¥11.00CN¥4.50CN¥8.883
Mar ’24CN¥11.31
CN¥7.63
-32.5%
34.8%CN¥11.00CN¥4.50CN¥9.653
Feb ’24CN¥7.19
CN¥7.63
+6.2%
34.8%CN¥11.00CN¥4.50CN¥7.063
Jan ’24CN¥6.54
CN¥7.63
+16.7%
34.8%CN¥11.00CN¥4.50CN¥9.013
Dec ’23CN¥7.01
CN¥7.93
+13.2%
33.6%CN¥11.00CN¥4.50CN¥9.023
Nov ’23CN¥7.12
CN¥7.93
+11.4%
33.6%CN¥11.00CN¥4.50CN¥8.933

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

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