Beijing Kingsoft Office Software, Inc.

SHSE:688111 Stock Report

Market Cap: CN¥144.8b

Beijing Kingsoft Office Software Valuation

Is 688111 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 688111 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688111 (CN¥313.11) is trading above our estimate of fair value (CN¥221.86)

Significantly Below Fair Value: 688111 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688111?

Key metric: As 688111 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688111. This is calculated by dividing 688111's market cap by their current earnings.
What is 688111's PE Ratio?
PE Ratio98.9x
EarningsCN¥1.46b
Market CapCN¥144.82b

Price to Earnings Ratio vs Peers

How does 688111's PE Ratio compare to its peers?

The above table shows the PE ratio for 688111 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average68.6x
600845 Shanghai Baosight SoftwareLtd
31.1x24.8%CN¥69.3b
600570 Hundsun Technologies
45.9x17.6%CN¥58.0b
688318 Shenzhen Fortune Trend technology
126.2x39.2%CN¥32.4b
688615 Intsig Information
71.2x25.2%CN¥25.2b
688111 Beijing Kingsoft Office Software
98.9x19.3%CN¥144.8b

Price-To-Earnings vs Peers: 688111 is expensive based on its Price-To-Earnings Ratio (98.9x) compared to the peer average (68.6x).

Price to Earnings Ratio vs Industry

How does 688111'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
688111 98.9xIndustry Avg. 92.7xNo. of Companies6PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688111 is expensive based on its Price-To-Earnings Ratio (98.9x) compared to the CN Software industry average (92.7x).

Price to Earnings Ratio vs Fair Ratio

What is 688111'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.

688111 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio98.9x
Fair PE Ratio54.6x

Price-To-Earnings vs Fair Ratio: 688111 is expensive based on its Price-To-Earnings Ratio (98.9x) compared to the estimated Fair Price-To-Earnings Ratio (54.6x).

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 688111 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥313.11
CN¥289.35
-7.6%
23.1%CN¥372.00CN¥130.00n/a16
Nov ’25CN¥248.16
CN¥289.35
+16.6%
23.1%CN¥372.00CN¥130.00n/a16
Oct ’25CN¥266.40
CN¥264.41
-0.7%
24.8%CN¥372.00CN¥130.00n/a16
Sep ’25CN¥182.21
CN¥264.41
+45.1%
24.8%CN¥372.00CN¥130.00n/a16
Aug ’25CN¥202.80
CN¥311.09
+53.4%
15.8%CN¥384.30CN¥214.00n/a16
Jul ’25CN¥205.00
CN¥340.97
+66.3%
16.8%CN¥482.00CN¥246.00n/a16
Jun ’25CN¥258.80
CN¥352.78
+36.3%
16.0%CN¥482.00CN¥246.00n/a16
May ’25CN¥310.00
CN¥355.77
+14.8%
15.3%CN¥482.00CN¥246.00n/a16
Apr ’25CN¥306.44
CN¥358.32
+16.9%
15.8%CN¥482.00CN¥254.00n/a17
Mar ’25CN¥281.41
CN¥341.95
+21.5%
18.6%CN¥475.00CN¥244.00n/a14
Feb ’25CN¥222.46
CN¥348.45
+56.6%
19.6%CN¥475.00CN¥244.00n/a14
Jan ’25CN¥316.20
CN¥378.97
+19.9%
22.6%CN¥546.00CN¥260.00n/a13
Dec ’24CN¥312.12
CN¥378.15
+21.2%
24.3%CN¥539.00CN¥260.00n/a11
Nov ’24CN¥283.74
CN¥381.79
+34.6%
23.0%CN¥539.00CN¥262.94CN¥248.1611
Oct ’24CN¥370.80
CN¥389.68
+5.1%
28.9%CN¥620.00CN¥182.00CN¥266.4013
Sep ’24CN¥386.99
CN¥388.68
+0.4%
35.6%CN¥665.00CN¥182.00CN¥182.2113
Aug ’24CN¥413.50
CN¥389.16
-5.9%
37.9%CN¥665.00CN¥182.00CN¥202.8013
Jul ’24CN¥472.22
CN¥368.17
-22.0%
36.1%CN¥665.00CN¥182.00CN¥205.0014
Jun ’24CN¥471.00
CN¥345.62
-26.6%
28.3%CN¥578.41CN¥182.00CN¥258.8016
May ’24CN¥440.20
CN¥336.93
-23.5%
29.6%CN¥578.41CN¥182.00CN¥310.0016
Apr ’24CN¥473.00
CN¥323.31
-31.6%
25.9%CN¥464.00CN¥182.00CN¥306.4416
Mar ’24CN¥300.00
CN¥275.60
-8.1%
24.9%CN¥373.69CN¥141.38CN¥281.4116
Feb ’24CN¥291.00
CN¥267.74
-8.0%
25.0%CN¥373.69CN¥141.38CN¥222.4613
Jan ’24CN¥264.49
CN¥261.20
-1.2%
27.9%CN¥373.69CN¥141.38CN¥316.2013
Dec ’23CN¥265.98
CN¥249.66
-6.1%
30.8%CN¥373.69CN¥141.38CN¥312.1213
Nov ’23CN¥285.01
CN¥233.90
-17.9%
27.9%CN¥360.92CN¥141.38CN¥283.7413

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

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