Sunyes Manufacturing (Zhejiang) Holding Co., Ltd.

SZSE:002388 Stock Report

Market Cap: CN¥2.2b

Sunyes Manufacturing (Zhejiang) Holding Valuation

Is 002388 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 002388 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 002388's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 002388's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002388?

Key metric: As 002388 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002388. This is calculated by dividing 002388's market cap by their current revenue.
What is 002388's PS Ratio?
PS Ratio1x
SalesCN¥2.16b
Market CapCN¥2.21b

Price to Sales Ratio vs Peers

How does 002388's PS Ratio compare to its peers?

The above table shows the PS ratio for 002388 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.6x
688060 Jiangsu Yunyong Electronics and TechnologyLtd
7.6xn/aCN¥2.3b
001266 Shanghai Smart Control
4.2xn/aCN¥2.3b
300553 Hangzhou Jizhi Mechatronic
9.4xn/aCN¥2.2b
603700 Ningbo Water Meter (Group)Ltd
1.3xn/aCN¥2.0b
002388 Sunyes Manufacturing (Zhejiang) Holding
1xn/aCN¥2.2b

Price-To-Sales vs Peers: 002388 is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (5.6x).


Price to Sales Ratio vs Industry

How does 002388'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
002388 1.0xIndustry Avg. 4.3xNo. of Companies48PS03.26.49.612.816+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 002388 is good value based on its Price-To-Sales Ratio (1x) compared to the CN Electronic industry average (4.3x).


Price to Sales Ratio vs Fair Ratio

What is 002388'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.

002388 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002388's Price-To-Sales 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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