Beijing Kingsoft Office Software, Inc.

SHSE:688111 Stock Report

Market Cap: CN¥135.3b

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¥298.99) is trading above our estimate of fair value (CN¥263.57)

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?

Other financial metrics that can be useful for relative valuation.

688111 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue27.9x
Enterprise Value/EBITDA112.1x
PEG Ratio5.1x

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 Average71x
600845 Shanghai Baosight SoftwareLtd
36.6x24.2%CN¥76.4b
600570 Hundsun Technologies
30.2x17.3%CN¥41.8b
300496 Thunder Software TechnologyLtd
51x24.3%CN¥23.2b
002410 Glodon
166.4x35.7%CN¥19.1b
688111 Beijing Kingsoft Office Software
104.8x20.4%CN¥135.3b

Price-To-Earnings vs Peers: 688111 is expensive based on its Price-To-Earnings Ratio (104.8x) compared to the peer average (71x).


Price to Earnings Ratio vs Industry

How does 688111's PE Ratio compare vs other companies in the CN Software Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a48.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a48.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 688111 is expensive based on its Price-To-Earnings Ratio (104.8x) compared to the CN Software industry average (72.7x).


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 Ratio104.8x
Fair PE Ratio48.6x

Price-To-Earnings vs Fair Ratio: 688111 is expensive based on its Price-To-Earnings Ratio (104.8x) compared to the estimated Fair Price-To-Earnings Ratio (48.6x).


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¥298.99
CN¥358.32
+19.8%
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¥262.94n/a11
Oct ’24CN¥370.80
CN¥389.68
+5.1%
28.9%CN¥620.00CN¥182.00n/a13
Sep ’24CN¥386.99
CN¥388.68
+0.4%
35.6%CN¥665.00CN¥182.00n/a13
Aug ’24CN¥413.50
CN¥389.16
-5.9%
37.9%CN¥665.00CN¥182.00n/a13
Jul ’24CN¥472.22
CN¥368.17
-22.0%
36.1%CN¥665.00CN¥182.00n/a14
Jun ’24CN¥471.00
CN¥345.62
-26.6%
28.3%CN¥578.41CN¥182.00n/a16
May ’24CN¥440.20
CN¥336.93
-23.5%
29.6%CN¥578.41CN¥182.00n/a16
Apr ’24CN¥473.00
CN¥323.31
-31.6%
25.9%CN¥464.00CN¥182.00n/a16
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
Oct ’23CN¥201.11
CN¥203.99
+1.4%
17.5%CN¥253.12CN¥140.00CN¥370.8013
Sep ’23CN¥190.61
CN¥203.99
+7.0%
17.5%CN¥253.12CN¥140.00CN¥386.9913
Aug ’23CN¥174.00
CN¥213.88
+22.9%
18.5%CN¥281.70CN¥148.00CN¥413.5013
Jul ’23CN¥194.20
CN¥217.34
+11.9%
19.1%CN¥281.70CN¥148.00CN¥472.2213
Jun ’23CN¥205.00
CN¥222.80
+8.7%
17.2%CN¥281.70CN¥148.00CN¥471.0012
May ’23CN¥188.70
CN¥227.78
+20.7%
15.8%CN¥281.70CN¥150.00CN¥440.2011
Apr ’23CN¥184.99
CN¥267.46
+44.6%
13.2%CN¥314.00CN¥205.00CN¥473.0010
Mar ’23CN¥204.17
CN¥308.55
+51.1%
14.6%CN¥377.41CN¥243.18CN¥300.0010

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


Discover undervalued companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.