Piesat Information Technology Co., Ltd.

SHSE:688066 Stock Report

Market Cap: CN¥9.2b

Piesat Information Technology Valuation

Is 688066 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 688066 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CN¥21.59
Fair Value
63.1% overvalued intrinsic discount
2
Number of Analysts

Below Fair Value: 688066 (CN¥35.21) is trading above our estimate of fair value (CN¥21.59)

Significantly Below Fair Value: 688066 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688066?

Key metric: As 688066 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688066. This is calculated by dividing 688066's market cap by their current revenue.
What is 688066's PS Ratio?
PS Ratio9x
SalesCN¥1.02b
Market CapCN¥9.16b

Price to Sales Ratio vs Peers

How does 688066's PS Ratio compare to its peers?

The above table shows the PS ratio for 688066 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average15.3x
002232 Qiming Information TechnologyLtd
9.5xn/aCN¥8.5b
300663 Client Service International
13.4xn/aCN¥8.7b
688232 Guo Tai Epoint SoftwareLtd
4.4x13.07%CN¥9.0b
300302 Toyou Feiji Electronics
33.8xn/aCN¥9.7b
688066 Piesat Information Technology
9x34.88%CN¥9.2b

Price-To-Sales vs Peers: 688066 is good value based on its Price-To-Sales Ratio (9x) compared to the peer average (15.3x).

Price to Sales Ratio vs Industry

How does 688066's PS Ratio compare vs other companies in the CN Software Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
600718 Neusoft
1.1x18.50%US$1.87b
300047 Shenzhen Tianyuan DIC Information Technology
1.2xn/aUS$1.47b
688225 Asiainfo Security TechnologiesLtd
1.4x18.93%US$1.19b
300379 Beijing Tongtech
1.4xn/aUS$162.22m
688066 9.0xIndustry Avg. 8.5xNo. of Companies20PS0612182430+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 688066 is expensive based on its Price-To-Sales Ratio (9x) compared to the CN Software industry average (8.5x).

Price to Sales Ratio vs Fair Ratio

What is 688066'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.

688066 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio9x
Fair PS Ratio1.7x

Price-To-Sales vs Fair Ratio: 688066 is expensive based on its Price-To-Sales Ratio (9x) compared to the estimated Fair Price-To-Sales Ratio (1.7x).

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 688066 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥35.21
CN¥23.56
-33.09%
6.03%CN¥24.98CN¥22.14n/a2
Sep ’26CN¥36.60
CN¥23.56
-35.63%
6.03%CN¥24.98CN¥22.14n/a2
Aug ’26CN¥20.17
CN¥23.56
+16.81%
6.03%CN¥24.98CN¥22.14n/a2
Jul ’26CN¥19.37
CN¥23.56
+21.63%
6.03%CN¥24.98CN¥22.14n/a2
Jun ’26CN¥17.93
CN¥23.56
+31.40%
6.03%CN¥24.98CN¥22.14n/a2
May ’26CN¥17.12
CN¥23.56
+37.62%
6.03%CN¥24.98CN¥22.14n/a2
Apr ’26CN¥18.82
CN¥26.88
+42.80%
17.62%CN¥31.61CN¥22.14n/a2
Mar ’26CN¥18.78
CN¥26.88
+43.10%
17.62%CN¥31.61CN¥22.14n/a2
Feb ’26CN¥17.31
CN¥26.88
+55.26%
17.62%CN¥31.61CN¥22.14n/a2
Jan ’26CN¥20.40
CN¥26.88
+31.74%
17.62%CN¥31.61CN¥22.14n/a2
Dec ’25CN¥25.64
CN¥23.57
-8.07%
34.11%CN¥31.61CN¥15.53n/a2
Nov ’25CN¥19.77
CN¥24.38
+23.32%
27.33%CN¥31.61CN¥15.53n/a3
Oct ’25CN¥18.17
CN¥20.47
+12.68%
20.97%CN¥26.00CN¥15.53CN¥35.213
Sep ’25CN¥13.16
CN¥24.48
+85.99%
13.50%CN¥27.54CN¥19.89CN¥36.603
Aug ’25CN¥17.84
CN¥27.09
+51.87%
2.87%CN¥27.74CN¥26.00CN¥20.173
Jul ’25CN¥17.38
CN¥27.09
+55.89%
2.87%CN¥27.74CN¥26.00CN¥19.373
Jun ’25CN¥21.51
CN¥27.09
+25.96%
2.87%CN¥27.74CN¥26.00CN¥17.933
May ’25CN¥22.34
CN¥27.09
+21.28%
2.87%CN¥27.74CN¥26.00CN¥17.123
Apr ’25CN¥27.30
CN¥64.13
+134.90%
18.53%CN¥84.47CN¥54.44CN¥18.824
Mar ’25CN¥25.76
CN¥62.10
+141.08%
18.31%CN¥84.47CN¥54.00CN¥18.785
Feb ’25CN¥22.07
CN¥62.10
+181.39%
18.31%CN¥84.47CN¥54.00CN¥17.315
Jan ’25CN¥42.24
CN¥62.10
+47.02%
18.31%CN¥84.47CN¥54.00CN¥20.405
Dec ’24CN¥48.47
CN¥62.10
+28.12%
18.31%CN¥84.47CN¥54.00CN¥25.645
Nov ’24CN¥41.63
CN¥64.13
+54.04%
18.53%CN¥84.47CN¥54.44CN¥19.774
Oct ’24CN¥51.03
CN¥81.03
+58.78%
6.61%CN¥88.00CN¥75.63CN¥18.174
CN¥23.56
Fair Value
49.4% overvalued intrinsic discount
2
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 02:34
End of Day Share Price 2025/09/30 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Piesat Information Technology Co., Ltd. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhongyu LiuChina International Capital Corporation Limited
Zeyuan YangCitic Securities Co., Ltd.
Chunsheng XieHuatai Research