iFLYTEK CO.,LTD

XSEC:002230 Stock Report

Market Cap: CN¥121.7b

iFLYTEKLTD Valuation

Is 002230 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 002230 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002230 (CN¥53.07) is trading below our estimate of fair value (CN¥106.35)

Significantly Below Fair Value: 002230 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002230?

Key metric: As 002230 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002230. This is calculated by dividing 002230's market cap by their current revenue.
What is 002230's PS Ratio?
PS Ratio5.6x
SalesCN¥21.89b
Market CapCN¥121.70b

Price to Sales Ratio vs Peers

How does 002230's PS Ratio compare to its peers?

The above table shows the PS ratio for 002230 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average11.4x
688111 Beijing Kingsoft Office Software
27.1x18.0%CN¥133.2b
600845 Shanghai Baosight SoftwareLtd
6x21.4%CN¥70.5b
600570 Hundsun Technologies
8x11.3%CN¥56.5b
600588 Yonyou Network TechnologyLtd
4.5x15.7%CN¥44.4b
002230 iFLYTEKLTD
5.6x15.1%CN¥121.7b

Price-To-Sales vs Peers: 002230 is good value based on its Price-To-Sales Ratio (5.6x) compared to the peer average (11.4x).

Price to Sales Ratio vs Industry

How does 002230's PS Ratio compare vs other companies in the CN Software Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
300038 Beijing Shuzhi TechnologyLtd
0.2xn/aUS$52.48m
688555 Essence Information Technology
0.7xn/aUS$12.88m
No more companies available in this PS range
002230 5.6xIndustry Avg. 7.5xNo. of Companies20PS048121620+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 002230 is good value based on its Price-To-Sales Ratio (5.6x) compared to the CN Software industry average (7.5x).

Price to Sales Ratio vs Fair Ratio

What is 002230'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.

002230 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.6x
Fair PS Ratio8.7x

Price-To-Sales vs Fair Ratio: 002230 is good value based on its Price-To-Sales Ratio (5.6x) compared to the estimated Fair Price-To-Sales Ratio (8.7x).

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 002230 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥53.07
CN¥49.90
-6.0%
19.9%CN¥75.00CN¥35.00n/a13
Nov ’25CN¥44.78
CN¥49.87
+11.4%
19.2%CN¥75.00CN¥35.00n/a14
Oct ’25CN¥44.44
CN¥46.70
+5.1%
21.9%CN¥75.00CN¥30.00n/a14
Sep ’25CN¥34.39
CN¥48.00
+39.6%
21.5%CN¥75.00CN¥30.00n/a14
Aug ’25CN¥39.26
CN¥50.85
+29.5%
21.6%CN¥75.00CN¥30.00n/a14
Jul ’25CN¥43.49
CN¥52.45
+20.6%
18.4%CN¥75.00CN¥40.00n/a13
Jun ’25CN¥42.20
CN¥53.61
+27.0%
16.7%CN¥75.00CN¥40.00n/a13
May ’25CN¥45.11
CN¥54.56
+21.0%
16.9%CN¥75.00CN¥40.00n/a14
Apr ’25CN¥49.53
CN¥62.14
+25.5%
17.4%CN¥82.00CN¥38.90n/a14
Mar ’25CN¥52.57
CN¥62.14
+18.2%
17.4%CN¥82.00CN¥38.90n/a14
Feb ’25CN¥40.99
CN¥62.16
+51.7%
17.3%CN¥82.00CN¥38.90n/a14
Jan ’25CN¥46.38
CN¥64.53
+39.1%
16.9%CN¥82.00CN¥38.90n/a14
Dec ’24CN¥47.18
CN¥64.72
+37.2%
17.4%CN¥82.00CN¥38.90n/a13
Nov ’24CN¥44.96
CN¥65.88
+46.5%
16.7%CN¥82.00CN¥38.90CN¥44.7813
Oct ’24CN¥50.66
CN¥73.23
+44.6%
9.2%CN¥81.00CN¥53.50CN¥44.4413
Sep ’24CN¥54.37
CN¥72.61
+33.5%
9.4%CN¥81.00CN¥53.50CN¥34.3914
Aug ’24CN¥60.85
CN¥74.48
+22.4%
14.9%CN¥87.91CN¥39.50CN¥39.2614
Jul ’24CN¥67.96
CN¥70.14
+3.2%
19.1%CN¥87.63CN¥39.50CN¥43.4914
Jun ’24CN¥65.73
CN¥68.59
+4.3%
19.9%CN¥87.63CN¥39.50CN¥42.2013
May ’24CN¥60.60
CN¥61.98
+2.3%
21.6%CN¥80.00CN¥39.50CN¥45.1112
Apr ’24CN¥63.68
CN¥51.93
-18.4%
15.0%CN¥64.50CN¥39.50CN¥49.5312
Mar ’24CN¥49.88
CN¥51.53
+3.3%
17.8%CN¥68.69CN¥39.50CN¥52.5713
Feb ’24CN¥42.99
CN¥47.71
+11.0%
16.8%CN¥68.69CN¥39.50CN¥40.9911
Jan ’24CN¥32.83
CN¥47.48
+44.6%
16.9%CN¥68.69CN¥39.50CN¥46.3810
Dec ’23CN¥32.97
CN¥47.90
+45.3%
16.5%CN¥68.69CN¥39.50CN¥47.1810
Nov ’23CN¥35.45
CN¥48.50
+36.8%
17.3%CN¥68.69CN¥39.50CN¥44.9610

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

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