Shanghai Hi-Tech Control System Co., Ltd

SZSE:002184 Stock Report

Market Cap: CN¥4.0b

Shanghai Hi-Tech Control System Valuation

Is 002184 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 002184 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002184 (CN¥11.25) is trading above our estimate of fair value (CN¥1.62)

Significantly Below Fair Value: 002184 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002184?

Key metric: As 002184 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002184. This is calculated by dividing 002184's market cap by their current revenue.
What is 002184's PS Ratio?
PS Ratio1.4x
SalesCN¥2.75b
Market CapCN¥3.96b

Price to Sales Ratio vs Peers

How does 002184's PS Ratio compare to its peers?

The above table shows the PS ratio for 002184 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.9x
301208 ChinaEtek Service & Technology
3.4xn/aCN¥4.2b
688590 Shanghai Newtouch Software
2.2xn/aCN¥4.3b
603206 Bestlink TechnologiesLtd
1.1xn/aCN¥5.1b
301315 Shanghai Wisdom Information Technology
12.8xn/aCN¥3.9b
002184 Shanghai Hi-Tech Control System
1.4xn/aCN¥4.0b

Price-To-Sales vs Peers: 002184 is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (4.9x).

Price to Sales Ratio vs Industry

How does 002184's PS Ratio compare vs other companies in the CN IT Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
000034 Digital China Group
0.2x5.8%US$3.06b
000948 Yunnan Nantian Electronics InformationLtd
0.8xn/aUS$1.01b
No more companies available in this PS range
002184 1.4xIndustry Avg. 4.7xNo. of Companies15PS03.67.210.814.418+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 002184 is good value based on its Price-To-Sales Ratio (1.4x) compared to the CN IT industry average (4.7x).

Price to Sales Ratio vs Fair Ratio

What is 002184'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.

002184 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002184's Price-To-Sales 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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