Qijing Machinery Co., Ltd.

SHSE:603677 Stock Report

Market Cap: CN¥2.5b

Qijing Machinery Valuation

Is 603677 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 603677 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603677 (CN¥13) is trading above our estimate of fair value (CN¥3.24)

Significantly Below Fair Value: 603677 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603677?

Key metric: As 603677 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603677. This is calculated by dividing 603677's market cap by their current earnings.
What is 603677's PE Ratio?
PE Ratio43.2x
EarningsCN¥57.82m
Market CapCN¥2.50b

Price to Earnings Ratio vs Peers

How does 603677's PE Ratio compare to its peers?

The above table shows the PE ratio for 603677 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32x
301319 Shenzhen Vital New Material
26.9x28.3%CN¥2.6b
605258 Jiangsu Xiehe ElectronicLtd
42.1xn/aCN¥2.4b
688307 Jiaxing ZMAX Optech
35.8xn/aCN¥2.2b
605058 Changzhou Aohong Electronics
22.9xn/aCN¥2.8b
603677 Qijing Machinery
43.2xn/aCN¥2.5b

Price-To-Earnings vs Peers: 603677 is expensive based on its Price-To-Earnings Ratio (43.2x) compared to the peer average (32x).

Price to Earnings Ratio vs Industry

How does 603677's PE Ratio compare vs other companies in the CN Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
603677 43.2xIndustry Avg. 44.7xNo. of Companies30PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603677 is good value based on its Price-To-Earnings Ratio (43.2x) compared to the CN Electronic industry average (45.5x).

Price to Earnings Ratio vs Fair Ratio

What is 603677'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.

603677 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio43.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603677's Price-To-Earnings 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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