Yes Optoelectronics (Group) Valuation

Is 002952 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 002952 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002952 (CN¥25.68) is trading above our estimate of fair value (CN¥1.18)

Significantly Below Fair Value: 002952 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002952?

Key metric: As 002952 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002952. This is calculated by dividing 002952's market cap by their current revenue.
What is 002952's PS Ratio?
PS Ratio	6.4x
Sales	CN¥649.49m
Market Cap	CN¥4.06b

002952 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	6.2x
Enterprise Value/EBITDA	220.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 002952's PS Ratio compare to its peers?

The above table shows the PS ratio for 002952 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	5.1x
300868 Shenzhen Jame Technology	4.6x	n/a	CN¥3.7b
301202 Suzhou Longway Eletronic Machinery	3.9x	n/a	CN¥4.6b
002577 Shenzhen Rapoo Technology	10.1x	n/a	CN¥4.4b
300787 Anfu CE LINK	1.8x	n/a	CN¥3.7b
002952 Yes Optoelectronics (Group)	6.4x	n/a	CN¥4.1b

Price-To-Sales vs Peers: 002952 is expensive based on its Price-To-Sales Ratio (6.4x) compared to the peer average (5.1x).

Price to Sales Ratio vs Industry

How does 002952's PS Ratio compare vs other companies in the CN Tech Industry?

5 Companies	Price / Sales	Estimated Growth	Market Cap
000977 Inspur Electronic Information Industry	0.7x	6.9%	US$9.70b
603296 Huaqin Technology	0.6x	14.6%	US$8.65b
603341 Shanghai Longcheer Technology	0.5x	n/a	US$3.10b
000727 TPV Technology	0.2x	n/a	US$1.73b

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 002952 is expensive based on its Price-To-Sales Ratio (6.4x) compared to the CN Tech industry average (3.5x).

Price to Sales Ratio vs Fair Ratio

What is 002952'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.

002952 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	6.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 002952'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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