Pinming Technology Co., Ltd.

SHSE:688109 Stock Report

Market Cap: CN¥2.2b

Pinming Technology Valuation

Is 688109 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 688109 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688109 (CN¥28.69) is trading below our estimate of fair value (CN¥100.34)

Significantly Below Fair Value: 688109 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688109?

Key metric: As 688109 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688109. This is calculated by dividing 688109's market cap by their current earnings.
What is 688109's PE Ratio?
PE Ratio55.3x
EarningsCN¥40.26m
Market CapCN¥2.19b

Price to Earnings Ratio vs Peers

How does 688109's PE Ratio compare to its peers?

The above table shows the PE ratio for 688109 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average67.3x
301197 Hebei Gongda Keya Energy TechnologyLtd
52.8xn/aCN¥1.9b
688078 Beijing LongRuan Technologies
30.3x34.2%CN¥2.1b
301185 Shandong Shanda OumasoftLTD
41.8xn/aCN¥2.9b
688682 Shanghai Hollywave Electronic System
144.4xn/aCN¥2.7b
688109 Pinming Technology
55.3xn/aCN¥2.2b

Price-To-Earnings vs Peers: 688109 is good value based on its Price-To-Earnings Ratio (55.3x) compared to the peer average (67.5x).


Price to Earnings Ratio vs Industry

How does 688109's PE Ratio compare vs other companies in the CN Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
000606 Shunliban Information ServiceLtd
2.7xn/aUS$29.57m
No more companies available in this PE range
688109 55.3xIndustry Avg. 94.3xNo. of Companies6PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688109 is good value based on its Price-To-Earnings Ratio (55.3x) compared to the CN Software industry average (94.3x).


Price to Earnings Ratio vs Fair Ratio

What is 688109'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.

688109 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio55.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 688109's Price-To-Earnings Fair Ratio for valuation analysis.


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.


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