How does 002938's PE Ratio compare to its peers?

002938 is good value based on its Price-To-Earnings Ratio (21.7x) compared to the peer average (42.8x).

How does 002938's PE Ratio compare vs other companies in the CN Electronic Industry?

002938 is good value based on its Price-To-Earnings Ratio (21.7x) compared to the CN Electronic industry average (47.8x).

What is 002938'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.

002938 is good value based on its Price-To-Earnings Ratio (21.7x) compared to the estimated Fair Price-To-Earnings Ratio (34.5x).

What is the Fair Price of 002938 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002938 (CN¥32.14) is trading below our estimate of [[fair value]] (CN¥55.35)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Avary Holding(Shenzhen)Co (SZSE:002938) - Stock Price, News & Analysis

002938 Stock Overview

Engages in the research and development, design, manufacture, and sale of printed circuit boards in China. More details

002938 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 41.9% below our estimate of its fair value

Earnings are forecast to grow 20.79% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 25.7%

Risk Analysis

Unstable dividend track record

Avary Holding(Shenzhen)Co., Limited Competitors

Chaozhou Three-Circle (Group)Ltd

SZSE:300408

CN¥69.9b

Wus Printed Circuit (Kunshan)

SZSE:002463

CN¥73.6b

Lingyi iTech (Guangdong)

SZSE:002600

CN¥57.8b

Maxscend Microelectronics

SZSE:300782

CN¥50.9b

Price History & Performance

Summary of all time highs, changes and price drops for Avary Holding(Shenzhen)Co
Historical stock prices
Current Share Price	CN¥32.14
52 Week High	CN¥43.58
52 Week Low	CN¥15.92
Beta	0.72
11 Month Change	-12.81%
3 Month Change	-6.16%
1 Year Change	45.69%
33 Year Change	-19.83%
5 Year Change	-35.40%
Change since IPO	38.89%

Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Nov 16

Avary Holding(Shenzhen)Co (SZSE:002938) Is Reinvesting At Lower Rates Of Return

Oct 15

Recent updates

Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Nov 16

Avary Holding(Shenzhen)Co (SZSE:002938) Is Reinvesting At Lower Rates Of Return

Oct 15

Earnings Working Against Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Share Price

Sep 30

Are Investors Undervaluing Avary Holding(Shenzhen)Co., Limited (SZSE:002938) By 23%?

Aug 30

Avary Holding(Shenzhen)Co (SZSE:002938) Has A Pretty Healthy Balance Sheet

Jul 28

Investors Could Be Concerned With Avary Holding(Shenzhen)Co's (SZSE:002938) Returns On Capital

Jul 12

Avary Holding(Shenzhen)Co., Limited (SZSE:002938) Stock Catapults 31% Though Its Price And Business Still Lag The Market

Jun 21

Avary Holding(Shenzhen)Co (SZSE:002938) Is Reducing Its Dividend To CN¥0.50

Jun 09

Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Intrinsic Value Is Potentially 27% Above Its Share Price

May 23

Avary Holding(Shenzhen)Co., Limited (SZSE:002938) Surges 26% Yet Its Low P/E Is No Reason For Excitement

May 07

Here's Why Avary Holding(Shenzhen)Co (SZSE:002938) Can Manage Its Debt Responsibly

Apr 02

Avary Holding(Shenzhen)Co (SZSE:002938) Will Want To Turn Around Its Return Trends

Mar 15

The Market Doesn't Like What It Sees From Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Earnings Yet

Feb 27

Shareholder Returns

	002938	CN Electronic	CN Market
7D	-6.2%	-5.8%	-3.4%
1Y	45.7%	13.2%	6.1%

Return vs Industry: 002938 exceeded the CN Electronic industry which returned 13.2% over the past year.

Return vs Market: 002938 exceeded the CN Market which returned 6.1% over the past year.

Price Volatility

Is 002938's price volatile compared to industry and market?
002938 volatility
002938 Average Weekly Movement	7.4%
Electronic Industry Average Movement	9.8%
Market Average Movement	8.2%
10% most volatile stocks in CN Market	12.6%
10% least volatile stocks in CN Market	5.5%

Stable Share Price: 002938 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002938's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	41,786	Yihong Lin	www.avaryholding.com

Avary Holding(Shenzhen)Co., Limited engages in the research and development, design, manufacture, and sale of printed circuit boards in China. Its products are used in communication, consumer electronic and computer, and automotive electronics and industrial control industries. Avary Holding(Shenzhen)Co., Limited was founded in 1999 and is based in Shenzhen, China.

Avary Holding(Shenzhen)Co., Limited Fundamentals Summary

How do Avary Holding(Shenzhen)Co's earnings and revenue compare to its market cap?
002938 fundamental statistics
Market cap	CN¥74.21b
Earnings (TTM)	CN¥3.42b
Revenue (TTM)	CN¥35.10b

21.7x

P/E Ratio

2.1x

P/S Ratio

Is 002938 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002938 income statement (TTM)
Revenue	CN¥35.10b
Cost of Revenue	CN¥27.76b
Gross Profit	CN¥7.34b
Other Expenses	CN¥3.92b
Earnings	CN¥3.42b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.48
Gross Margin	20.90%
Net Profit Margin	9.74%
Debt/Equity Ratio	12.1%

How did 002938 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

34%

Payout Ratio

002938 Stock Overview

Rewards

Risk Analysis

Avary Holding(Shenzhen)Co., Limited Competitors

SZSE:300408

CN¥69.9b

SZSE:002463

CN¥73.6b

SZSE:002600

CN¥57.8b

SZSE:300782

CN¥50.9b

Price History & Performance

Recent News & Updates

Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 21% undervalued

Avary Holding(Shenzhen)Co (SZSE:002938) Is Reinvesting At Lower Rates Of Return

Now 24% undervalued after recent price drop

Investor sentiment improves as stock rises 16%

Recent updates

Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 21% undervalued

Avary Holding(Shenzhen)Co (SZSE:002938) Is Reinvesting At Lower Rates Of Return

Now 24% undervalued after recent price drop

Investor sentiment improves as stock rises 16%

Avary Holding(Shenzhen)Co., Limited to Report Q3, 2024 Results on Oct 31, 2024

Earnings Working Against Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Share Price

Are Investors Undervaluing Avary Holding(Shenzhen)Co., Limited (SZSE:002938) By 23%?

Second quarter 2024 earnings: EPS misses analyst expectations

Now 20% undervalued

New minor risk - Share price stability

Avary Holding(Shenzhen)Co (SZSE:002938) Has A Pretty Healthy Balance Sheet

Investors Could Be Concerned With Avary Holding(Shenzhen)Co's (SZSE:002938) Returns On Capital

Avary Holding(Shenzhen)Co., Limited to Report First Half, 2024 Results on Aug 14, 2024

Avary Holding(Shenzhen)Co., Limited (SZSE:002938) Stock Catapults 31% Though Its Price And Business Still Lag The Market

Investor sentiment improves as stock rises 23%

Avary Holding(Shenzhen)Co (SZSE:002938) Is Reducing Its Dividend To CN¥0.50

Dividend reduced to CN¥0.50

Avary Holding(Shenzhen)Co., Limited Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 13 June 2024

Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Intrinsic Value Is Potentially 27% Above Its Share Price

Avary Holding(Shenzhen)Co., Limited (SZSE:002938) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Avary Holding (Shenzhen) Approves Cash Dividend (Including Tax)

Price target decreased by 14% to CN¥26.70

Here's Why Avary Holding(Shenzhen)Co (SZSE:002938) Can Manage Its Debt Responsibly

Full year 2023 earnings: EPS and revenues miss analyst expectations

Avary Holding(Shenzhen)Co., Limited, Annual General Meeting, Apr 24, 2024

Avary Holding(Shenzhen)Co (SZSE:002938) Will Want To Turn Around Its Return Trends

The Market Doesn't Like What It Sees From Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Earnings Yet

Avary Holding(Shenzhen)Co., Limited to Report Fiscal Year 2023 Results on Mar 30, 2024

Price target decreased by 20% to CN¥30.33

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 15%

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus revenue estimates fall by 17%

Avary Holding(Shenzhen)Co., Limited to Report First Half, 2023 Results on Aug 10, 2023

Now 21% undervalued after recent price drop

Price target decreased by 8.1% to CN¥34.65

Avary Holding(Shenzhen)Co., Limited Implements Final Profit Distribution Plan of (A Shares) for 2022, Payable on 13 June 2023

Consensus EPS estimates increase by 13%, revenue downgraded

Now 22% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 19%

Investor sentiment improves as stock rises 21%

Full year 2022 earnings released: EPS: CN¥2.16 (vs CN¥1.43 in FY 2021)

Avary Holding(Shenzhen)Co., Limited announced that it expects to receive CNY 4 billion in funding

Avary Holding(Shenzhen)Co., Limited announced that it expects to receive CNY 4 billion in funding

Less than half of directors are independent

Consensus EPS estimates increase by 22%

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Avary Holding(Shenzhen)Co., Limited Announces Final Cash Dividend on A Shares for 2021, Payable on 08 June 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Avary Holding(Shenzhen)Co., Limited Approves Final Cash Dividend for the Year 2021

Avary Holding(Shenzhen)Co., Limited Announces Directorate Changes

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings released: EPS CN¥0.45 (vs CN¥0.26 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.21 in 2Q 2020)