Northking Information Technology Valuation

Is 002987 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 002987 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 002987's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 002987's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002987?

Key metric: As 002987 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002987. This is calculated by dividing 002987's market cap by their current earnings.
What is 002987's PE Ratio?
PE Ratio	28.9x
Earnings	CN¥324.39m
Market Cap	CN¥9.38b

002987 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/Revenue	2x
Enterprise Value/EBITDA	29.3x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does 002987's PE Ratio compare to its peers?

The above table shows the PE ratio for 002987 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	78.3x
300634 Richinfo Technology	52.4x	28.4%	CN¥11.2b
000948 Yunnan Nantian Electronics InformationLtd	49.4x	n/a	CN¥7.9b
301316 Hydsoft TechnologyLtd	120x	n/a	CN¥8.4b
300925 Shenzhen Farben Information TechnologyLtd	91.4x	n/a	CN¥12.7b
002987 Northking Information Technology	28.9x	22.4%	CN¥9.4b

Price-To-Earnings vs Peers: 002987 is good value based on its Price-To-Earnings Ratio (28.9x) compared to the peer average (78.3x).

Price to Earnings Ratio vs Industry

How does 002987's PE Ratio compare vs other companies in the CN IT Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002987 is good value based on its Price-To-Earnings Ratio (28.9x) compared to the CN IT industry average (75.7x).

Price to Earnings Ratio vs Fair Ratio

What is 002987'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.

002987 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	28.9x
Fair PE Ratio	40.2x

Price-To-Earnings vs Fair Ratio: 002987 is good value based on its Price-To-Earnings Ratio (28.9x) compared to the estimated Fair Price-To-Earnings Ratio (40.2x).

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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