Beijing StarNeto Technology Co., Ltd.

SZSE:002829 Stock Report

Market Cap: CN¥4.7b

Beijing StarNeto Technology Valuation

Is 002829 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 002829 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002829 (CN¥22.66) is trading above our estimate of fair value (CN¥10.92)

Significantly Below Fair Value: 002829 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002829?

Key metric: As 002829 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002829. This is calculated by dividing 002829's market cap by their current revenue.
What is 002829's PS Ratio?
PS Ratio15.2x
SalesCN¥310.29m
Market CapCN¥4.71b

Price to Sales Ratio vs Peers

How does 002829's PS Ratio compare to its peers?

The above table shows the PS ratio for 002829 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.6x
301312 Shenzhen iN-Cube Automation
8.2xn/aCN¥4.2b
002975 Zhuhai Bojay ElectronicsLtd
4.3xn/aCN¥4.5b
603015 Ningbo TechmationLtd
6.1xn/aCN¥5.1b
300572 Shenzhen Anche Technologies
11.7xn/aCN¥4.6b
002829 Beijing StarNeto Technology
15.2xn/aCN¥4.7b

Price-To-Sales vs Peers: 002829 is expensive based on its Price-To-Sales Ratio (15.2x) compared to the peer average (7.6x).


Price to Sales Ratio vs Industry

How does 002829'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$61.26b
000100 TCL Technology Group
0.5x11.9%US$11.78b
600745 Wingtech TechnologyLtd
0.7x7.6%US$7.03b
601231 Universal Scientific Industrial (Shanghai)
0.5x11.1%US$4.28b
002829 15.2xIndustry Avg. 4.3xNo. of Companies45PS03.26.49.612.816+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 002829 is expensive based on its Price-To-Sales Ratio (15.2x) compared to the CN Electronic industry average (4.3x).


Price to Sales Ratio vs Fair Ratio

What is 002829'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.

002829 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio15.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002829'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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