Shanghai Baosight Software Co.,Ltd.

XSSC:600845 Stock Report

Market Cap: CN¥69.7b

Shanghai Baosight SoftwareLtd Valuation

Is 600845 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-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 600845 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600845 (CN¥28.3) is trading below our estimate of fair value (CN¥67.77)

Significantly Below Fair Value: 600845 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600845?

Key metric: As 600845 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600845. This is calculated by dividing 600845's market cap by their current earnings.
What is 600845's PE Ratio?
PE Ratio31.2x
EarningsCN¥2.61b
Market CapCN¥69.66b

Price to Earnings Ratio vs Peers

How does 600845's PE Ratio compare to its peers?

The above table shows the PE ratio for 600845 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average69.6x
600570 Hundsun Technologies
43.4x17.6%CN¥54.9b
688111 Beijing Kingsoft Office Software
96.5x19.3%CN¥141.3b
688318 Shenzhen Fortune Trend technology
118.1x39.2%CN¥30.3b
000997 Newland Digital TechnologyLtd
20.2x20.6%CN¥20.3b
600845 Shanghai Baosight SoftwareLtd
31.2x24.8%CN¥69.7b

Price-To-Earnings vs Peers: 600845 is good value based on its Price-To-Earnings Ratio (31.2x) compared to the peer average (69.6x).

Price to Earnings Ratio vs Industry

How does 600845's PE Ratio compare vs other companies in the CN Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
000606 Shunliban Information ServiceLtd
2.7xn/aUS$29.57m
No more companies available in this PE range
600845 31.2xIndustry Avg. 92.7xNo. of Companies6PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600845 is good value based on its Price-To-Earnings Ratio (31.2x) compared to the CN Software industry average (92.7x).

Price to Earnings Ratio vs Fair Ratio

What is 600845'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.

600845 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.2x
Fair PE Ratio53.9x

Price-To-Earnings vs Fair Ratio: 600845 is good value based on its Price-To-Earnings Ratio (31.2x) compared to the estimated Fair Price-To-Earnings Ratio (53.9x).

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 600845 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥28.30
CN¥35.69
+26.1%
16.2%CN¥46.74CN¥30.50n/a6
Nov ’25CN¥27.11
CN¥38.34
+41.4%
12.1%CN¥46.74CN¥31.00n/a7
Oct ’25CN¥32.99
CN¥37.57
+13.9%
14.5%CN¥46.74CN¥30.00n/a7
Sep ’25CN¥29.28
CN¥39.76
+35.8%
15.3%CN¥51.62CN¥30.00n/a7
Aug ’25CN¥30.86
CN¥41.87
+35.7%
14.8%CN¥51.62CN¥30.00n/a7
Jul ’25CN¥31.93
CN¥41.60
+30.3%
14.0%CN¥51.62CN¥30.00n/a8
Jun ’25CN¥32.96
CN¥41.60
+26.2%
14.0%CN¥51.62CN¥30.00n/a8
May ’25CN¥34.19
CN¥41.30
+20.8%
14.3%CN¥51.62CN¥30.00n/a8
Apr ’25CN¥31.00
CN¥43.34
+39.8%
13.4%CN¥56.13CN¥37.50n/a7
Mar ’25CN¥39.25
CN¥46.21
+17.7%
13.8%CN¥56.13CN¥37.50n/a7
Feb ’25CN¥34.17
CN¥46.21
+35.3%
13.8%CN¥56.13CN¥37.50n/a7
Jan ’25CN¥40.67
CN¥44.44
+9.3%
20.4%CN¥56.13CN¥26.67n/a7
Dec ’24CN¥35.93
CN¥43.51
+21.1%
18.1%CN¥56.13CN¥26.67n/a8
Nov ’24CN¥34.98
CN¥44.43
+27.0%
17.9%CN¥56.13CN¥26.67CN¥27.118
Oct ’24CN¥37.65
CN¥47.86
+27.1%
22.6%CN¥62.50CN¥25.00CN¥32.997
Sep ’24CN¥39.90
CN¥47.24
+18.4%
23.4%CN¥62.50CN¥25.00CN¥29.287
Aug ’24CN¥40.73
CN¥47.69
+17.1%
23.6%CN¥62.50CN¥25.00CN¥30.867
Jul ’24CN¥42.34
CN¥47.69
+12.6%
23.6%CN¥62.50CN¥25.00CN¥31.937
Jun ’24CN¥37.47
CN¥45.69
+21.9%
21.0%CN¥59.00CN¥25.69CN¥32.967
May ’24CN¥37.50
CN¥44.13
+17.7%
22.5%CN¥59.00CN¥25.69CN¥34.197
Apr ’24CN¥40.42
CN¥35.68
-11.7%
17.8%CN¥41.89CN¥20.83CN¥31.007
Mar ’24CN¥35.67
CN¥35.68
+0.05%
17.8%CN¥41.89CN¥20.83CN¥39.257
Feb ’24CN¥34.37
CN¥35.16
+2.3%
17.7%CN¥41.89CN¥20.83CN¥34.177
Jan ’24CN¥31.11
CN¥35.08
+12.7%
17.5%CN¥41.32CN¥20.83CN¥40.677
Dec ’23CN¥28.42
CN¥35.10
+23.5%
18.9%CN¥41.32CN¥20.83CN¥35.936
Nov ’23CN¥29.62
CN¥34.76
+17.4%
20.8%CN¥41.32CN¥20.83CN¥34.985

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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