Sangfor Technologies Inc.

XSEC:300454 Stock Report

Market Cap: CN¥26.5b

Sangfor Technologies Valuation

Is 300454 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-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 300454 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300454 (CN¥63.79) is trading above our estimate of fair value (CN¥46.17)

Significantly Below Fair Value: 300454 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300454?

Key metric: As 300454 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300454. This is calculated by dividing 300454's market cap by their current revenue.
What is 300454's PS Ratio?
PS Ratio3.5x
SalesCN¥7.49b
Market CapCN¥26.48b

Price to Sales Ratio vs Peers

How does 300454's PS Ratio compare to its peers?

The above table shows the PS ratio for 300454 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average13.3x
688561 Qi An Xin Technology Group
3.8x14.1%CN¥20.8b
688692 Wuhan Dameng Database
30.1x17.4%CN¥29.4b
002439 Venustech Group
4.7x16.4%CN¥20.1b
300339 Jiangsu Hoperun Software
14.5x19.4%CN¥48.7b
300454 Sangfor Technologies
3.5x11.3%CN¥26.5b

Price-To-Sales vs Peers: 300454 is good value based on its Price-To-Sales Ratio (3.5x) compared to the peer average (13.3x).

Price to Sales Ratio vs Industry

How does 300454'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
300454 3.5xIndustry Avg. 7.0xNo. of Companies20PS048121620+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300454 is good value based on its Price-To-Sales Ratio (3.5x) compared to the CN Software industry average (7x).

Price to Sales Ratio vs Fair Ratio

What is 300454'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.

300454 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.5x
Fair PS Ratio6.9x

Price-To-Sales vs Fair Ratio: 300454 is good value based on its Price-To-Sales Ratio (3.5x) compared to the estimated Fair Price-To-Sales Ratio (6.9x).

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 300454 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥63.79
CN¥69.79
+9.4%
24.8%CN¥93.00CN¥30.80n/a10
Nov ’25CN¥62.79
CN¥70.17
+11.8%
23.3%CN¥93.00CN¥30.80n/a11
Oct ’25CN¥70.25
CN¥55.53
-21.0%
18.0%CN¥70.00CN¥30.80n/a12
Sep ’25CN¥46.58
CN¥58.16
+24.9%
13.1%CN¥70.00CN¥41.00n/a11
Aug ’25CN¥48.80
CN¥63.98
+31.1%
18.8%CN¥79.21CN¥41.00n/a11
Jul ’25CN¥50.35
CN¥66.13
+31.3%
16.7%CN¥79.21CN¥41.00n/a11
Jun ’25CN¥54.75
CN¥68.54
+25.2%
18.3%CN¥90.00CN¥41.00n/a12
May ’25CN¥54.74
CN¥68.90
+25.9%
17.0%CN¥90.00CN¥45.40n/a12
Apr ’25CN¥63.23
CN¥78.02
+23.4%
25.6%CN¥114.00CN¥45.40n/a12
Mar ’25CN¥65.45
CN¥83.48
+27.5%
25.7%CN¥114.00CN¥45.40n/a11
Feb ’25CN¥54.66
CN¥97.33
+78.1%
31.5%CN¥150.00CN¥51.00n/a11
Jan ’25CN¥72.29
CN¥102.97
+42.4%
29.6%CN¥150.00CN¥45.00n/a11
Dec ’24CN¥86.20
CN¥102.97
+19.5%
29.6%CN¥150.00CN¥45.00n/a11
Nov ’24CN¥82.73
CN¥104.79
+26.7%
28.0%CN¥150.00CN¥45.00CN¥62.7911
Oct ’24CN¥93.31
CN¥124.76
+33.7%
30.9%CN¥174.00CN¥50.00CN¥70.2511
Sep ’24CN¥106.06
CN¥134.53
+26.8%
31.4%CN¥197.00CN¥56.00CN¥46.5810
Aug ’24CN¥113.20
CN¥142.69
+26.0%
31.5%CN¥197.00CN¥56.00CN¥48.8010
Jul ’24CN¥113.25
CN¥141.79
+25.2%
32.6%CN¥197.00CN¥56.00CN¥50.3510
Jun ’24CN¥126.37
CN¥141.79
+12.2%
32.6%CN¥197.00CN¥56.00CN¥54.7510
May ’24CN¥119.14
CN¥141.79
+19.0%
32.6%CN¥197.00CN¥56.00CN¥54.7410
Apr ’24CN¥147.96
CN¥140.84
-4.8%
34.7%CN¥197.00CN¥56.00CN¥63.2310
Mar ’24CN¥146.28
CN¥140.84
-3.7%
34.7%CN¥197.00CN¥56.00CN¥65.4510
Feb ’24CN¥153.98
CN¥136.44
-11.4%
33.6%CN¥197.00CN¥56.00CN¥54.6610
Jan ’24CN¥112.55
CN¥117.31
+4.2%
30.0%CN¥163.55CN¥56.00CN¥72.2910
Dec ’23CN¥117.18
CN¥117.31
+0.1%
30.0%CN¥163.55CN¥56.00CN¥86.2010
Nov ’23CN¥129.90
CN¥124.95
-3.8%
35.5%CN¥217.96CN¥56.00CN¥82.7311

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

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