Shennan Circuit Company Limited

SZSE:002916 Stock Report

Market Cap: CN¥53.5b

Shennan Circuit Valuation

Is 002916 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 002916 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002916 (CN¥104.33) is trading below our estimate of fair value (CN¥142.29)

Significantly Below Fair Value: 002916 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002916?

Key metric: As 002916 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002916. This is calculated by dividing 002916's market cap by their current earnings.
What is 002916's PE Ratio?
PE Ratio27.1x
EarningsCN¥1.98b
Market CapCN¥53.51b

Price to Earnings Ratio vs Peers

How does 002916's PE Ratio compare to its peers?

The above table shows the PE ratio for 002916 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average41.5x
002384 Suzhou Dongshan Precision Manufacturing
27.9x32.6%CN¥46.3b
300782 Maxscend Microelectronics
70.5x29.9%CN¥49.4b
002600 Lingyi iTech (Guangdong)
36.5x28.5%CN¥56.9b
600183 Shengyi TechnologyLtd
31x23.7%CN¥50.3b
002916 Shennan Circuit
27.1x17.3%CN¥53.5b

Price-To-Earnings vs Peers: 002916 is good value based on its Price-To-Earnings Ratio (27.1x) compared to the peer average (41.5x).

Price to Earnings Ratio vs Industry

How does 002916'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
002916 27.1xIndustry Avg. 45.0xNo. of Companies28PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002916 is good value based on its Price-To-Earnings Ratio (27.1x) compared to the CN Electronic industry average (45x).

Price to Earnings Ratio vs Fair Ratio

What is 002916'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.

002916 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.1x
Fair PE Ratio31.9x

Price-To-Earnings vs Fair Ratio: 002916 is good value based on its Price-To-Earnings Ratio (27.1x) compared to the estimated Fair Price-To-Earnings Ratio (31.9x).

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 002916 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥104.33
CN¥112.10
+7.4%
20.8%CN¥147.79CN¥68.00n/a10
Nov ’25CN¥101.56
CN¥108.13
+6.5%
19.6%CN¥135.00CN¥68.00n/a9
Oct ’25CN¥110.97
CN¥105.46
-5.0%
18.4%CN¥135.00CN¥68.00n/a10
Sep ’25CN¥100.78
CN¥99.16
-1.6%
18.5%CN¥130.00CN¥68.00n/a10
Aug ’25CN¥116.96
CN¥96.62
-17.4%
19.1%CN¥130.00CN¥68.00n/a9
Jul ’25CN¥106.17
CN¥88.01
-17.1%
13.7%CN¥105.00CN¥68.00n/a10
Jun ’25CN¥89.93
CN¥88.01
-2.1%
13.7%CN¥105.00CN¥68.00n/a10
May ’25CN¥93.42
CN¥88.01
-5.8%
13.7%CN¥105.00CN¥68.00n/a10
Apr ’25CN¥95.90
CN¥84.63
-11.7%
18.1%CN¥105.00CN¥58.00n/a10
Mar ’25CN¥73.72
CN¥76.45
+3.7%
18.5%CN¥104.14CN¥48.00n/a10
Feb ’25CN¥52.70
CN¥78.38
+48.7%
18.3%CN¥104.14CN¥48.00n/a10
Jan ’25CN¥70.99
CN¥79.28
+11.7%
17.6%CN¥104.14CN¥48.00n/a10
Dec ’24CN¥72.73
CN¥79.28
+9.0%
17.6%CN¥104.14CN¥48.00n/a10
Nov ’24CN¥69.55
CN¥82.28
+18.3%
22.9%CN¥123.00CN¥48.00CN¥101.5610
Oct ’24CN¥66.57
CN¥82.97
+24.6%
22.7%CN¥123.00CN¥48.00CN¥110.9711
Sep ’24CN¥65.96
CN¥85.38
+29.4%
21.8%CN¥123.00CN¥48.00CN¥100.7811
Aug ’24CN¥75.59
CN¥94.45
+24.9%
15.8%CN¥123.00CN¥72.00CN¥116.9612
Jul ’24CN¥75.37
CN¥94.57
+25.5%
15.3%CN¥123.00CN¥72.00CN¥106.1713
Jun ’24CN¥77.88
CN¥94.57
+21.4%
15.3%CN¥123.00CN¥72.00CN¥89.9313
May ’24CN¥82.26
CN¥94.30
+14.6%
15.4%CN¥123.00CN¥72.00CN¥93.4213
Apr ’24CN¥92.32
CN¥94.38
+2.2%
15.4%CN¥123.00CN¥72.00CN¥95.9013
Mar ’24CN¥81.80
CN¥92.98
+13.7%
14.5%CN¥123.00CN¥70.00CN¥73.7212
Feb ’24CN¥79.77
CN¥92.98
+16.6%
14.5%CN¥123.00CN¥70.00CN¥52.7012
Jan ’24CN¥72.15
CN¥92.65
+28.4%
14.7%CN¥123.00CN¥70.00CN¥70.9912
Dec ’23CN¥75.96
CN¥95.20
+25.3%
12.9%CN¥123.00CN¥81.00CN¥72.7312
Nov ’23CN¥75.65
CN¥97.32
+28.6%
15.2%CN¥125.08CN¥81.00CN¥69.5512

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

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