Appotronics Corporation Limited

SHSE:688007 Stock Report

Market Cap: CN¥7.6b

Appotronics Valuation

Is 688007 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 688007 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688007 (CN¥16.55) is trading below our estimate of fair value (CN¥17.72)

Significantly Below Fair Value: 688007 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688007?

Key metric: As 688007 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688007. This is calculated by dividing 688007's market cap by their current revenue.
What is 688007's PS Ratio?
PS Ratio3.3x
SalesCN¥2.28b
Market CapCN¥7.57b

Price to Sales Ratio vs Peers

How does 688007's PS Ratio compare to its peers?

The above table shows the PS ratio for 688007 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.8x
688686 OPT Machine Vision Tech
9.2x20.4%CN¥7.6b
300552 Vanjee Technology
7.4x28.7%CN¥7.3b
002519 Jiangsu Yinhe ElectronicsLtd
5.9xn/aCN¥6.5b
300232 Unilumin Group
0.9x10.3%CN¥7.3b
688007 Appotronics
3.3x21.2%CN¥7.6b

Price-To-Sales vs Peers: 688007 is good value based on its Price-To-Sales Ratio (3.3x) compared to the peer average (5.8x).

Price to Sales Ratio vs Industry

How does 688007's PS Ratio compare vs other companies in the CN Electronic Industry?

17 CompaniesPrice / SalesEstimated GrowthMarket Cap
601138 Foxconn Industrial Internet
0.8x19.3%US$62.63b
000100 TCL Technology Group
0.5x11.9%US$11.62b
600745 Wingtech TechnologyLtd
0.7x7.6%US$6.94b
601231 Universal Scientific Industrial (Shanghai)
0.5x11.1%US$4.24b
688007 3.3xIndustry Avg. 4.3xNo. of Companies48PS03.26.49.612.816+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 688007 is good value based on its Price-To-Sales Ratio (3.3x) compared to the CN Electronic industry average (4.3x).

Price to Sales Ratio vs Fair Ratio

What is 688007'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.

688007 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.3x
Fair PS Ratio2.9x

Price-To-Sales vs Fair Ratio: 688007 is expensive based on its Price-To-Sales Ratio (3.3x) compared to the estimated Fair Price-To-Sales Ratio (2.9x).

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 688007 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥16.55
CN¥18.17
+9.8%
27.7%CN¥25.00CN¥13.00n/a3
Nov ’25CN¥15.42
CN¥18.17
+17.8%
27.7%CN¥25.00CN¥13.00n/a3
Oct ’25CN¥16.50
CN¥19.43
+17.8%
34.9%CN¥28.80CN¥13.00n/a3
Sep ’25CN¥14.90
CN¥23.77
+59.5%
28.5%CN¥31.50CN¥15.00n/a3
Aug ’25CN¥15.65
CN¥23.77
+51.9%
28.5%CN¥31.50CN¥15.00n/a3
Jul ’25CN¥15.98
CN¥23.77
+48.7%
28.5%CN¥31.50CN¥15.00n/a3
Jun ’25CN¥17.64
CN¥23.93
+35.7%
29.1%CN¥32.00CN¥15.00n/a3
May ’25CN¥19.58
CN¥23.00
+17.5%
34.8%CN¥31.00CN¥15.00n/a2
Apr ’25CN¥19.67
CN¥23.00
+16.9%
34.8%CN¥31.00CN¥15.00n/a2
Mar ’25CN¥19.59
CN¥24.50
+25.1%
26.5%CN¥31.00CN¥18.00n/a2
Feb ’25CN¥17.30
CN¥24.50
+41.6%
26.5%CN¥31.00CN¥18.00n/a2
Jan ’25CN¥25.88
CN¥24.50
-5.3%
26.5%CN¥31.00CN¥18.00n/a2
Dec ’24CN¥28.48
CN¥24.50
-14.0%
26.5%CN¥31.00CN¥18.00n/a2
Nov ’24CN¥28.42
CN¥25.50
-10.3%
21.6%CN¥31.00CN¥20.00CN¥15.422
Oct ’24CN¥25.40
CN¥22.50
-11.4%
11.1%CN¥25.00CN¥20.00CN¥16.502
Sep ’24CN¥23.07
CN¥22.50
-2.5%
11.1%CN¥25.00CN¥20.00CN¥14.902
Aug ’24CN¥21.86
CN¥24.00
+9.8%
4.2%CN¥25.00CN¥23.00CN¥15.652
Jul ’24CN¥20.85
CN¥24.00
+15.1%
4.2%CN¥25.00CN¥23.00CN¥15.982
Jun ’24CN¥21.10
CN¥26.15
+23.9%
12.1%CN¥30.46CN¥23.00CN¥17.643
May ’24CN¥22.39
CN¥27.15
+21.3%
8.7%CN¥30.46CN¥25.00CN¥19.583
Apr ’24CN¥23.65
CN¥28.15
+19.0%
6.5%CN¥30.46CN¥26.00CN¥19.673
Mar ’24CN¥26.38
CN¥28.15
+6.7%
6.5%CN¥30.46CN¥26.00CN¥19.593
Feb ’24CN¥28.13
CN¥27.49
-2.3%
9.7%CN¥30.46CN¥24.00CN¥17.303
Jan ’24CN¥24.86
CN¥27.49
+10.6%
9.7%CN¥30.46CN¥24.00CN¥25.883
Dec ’23CN¥26.39
CN¥27.49
+4.2%
9.7%CN¥30.46CN¥24.00CN¥28.483
Nov ’23CN¥23.75
CN¥27.00
+13.7%
3.7%CN¥28.00CN¥26.00CN¥28.422

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

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