Suzhou Hengmingda Electronic Technology Valuation

Is 002947 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-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 002947 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002947 (CN¥34.37) is trading above our estimate of fair value (CN¥8.1)

Significantly Below Fair Value: 002947 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002947?

Key metric: As 002947 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002947. This is calculated by dividing 002947's market cap by their current earnings.
What is 002947's PE Ratio?
PE Ratio	22.1x
Earnings	CN¥397.09m
Market Cap	CN¥8.33b

002947 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.2x
Enterprise Value/EBITDA	14.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 002947's PE Ratio compare to its peers?

The above table shows the PE ratio for 002947 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	72x
603583 Zhejiang Jiecang Linear Motion TechnologyLtd	27.2x	27.7%	CN¥8.1b
300131 Shenzhen Yitoa Intelligent ControlLtd	157.4x	n/a	CN¥9.8b
603380 Suzhou Etron TechnologiesLtd	21.9x	n/a	CN¥3.6b
301041 Shenzhen King Brother Electronics TechnologyLtd	81.3x	n/a	CN¥2.7b
002947 Suzhou Hengmingda Electronic Technology	22.1x	n/a	CN¥8.3b

Price-To-Earnings vs Peers: 002947 is good value based on its Price-To-Earnings Ratio (22.1x) compared to the peer average (72x).

Price to Earnings Ratio vs Industry

How does 002947's PE Ratio compare vs other companies in the CN Electronic Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002947 is good value based on its Price-To-Earnings Ratio (22.1x) compared to the CN Electronic industry average (45x).

Price to Earnings Ratio vs Fair Ratio

What is 002947'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.

002947 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	22.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 002947's Price-To-Earnings 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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