Jade Bird Fire Co., Ltd.

SZSE:002960 Stock Report

Market Cap: CN¥8.1b

Jade Bird Fire Valuation

Is 002960 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 002960 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002960 (CN¥11.3) is trading above our estimate of fair value (CN¥4.21)

Significantly Below Fair Value: 002960 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002960?

Key metric: As 002960 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002960. This is calculated by dividing 002960's market cap by their current earnings.
What is 002960's PE Ratio?
PE Ratio17x
EarningsCN¥488.74m
Market CapCN¥8.07b

Price to Earnings Ratio vs Peers

How does 002960's PE Ratio compare to its peers?

The above table shows the PE ratio for 002960 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average83.6x
688337 Rigol Technologies
89.4x40.1%CN¥8.4b
301339 Jiangsu Tongxingbao Intelligent Transportation Technology
41.8xn/aCN¥8.2b
688003 Suzhou TZTEK Technology
60.1x60.4%CN¥9.1b
603516 Beijing Tricolor Technology
143.1x49.2%CN¥7.6b
002960 Jade Bird Fire
17x30.8%CN¥8.1b

Price-To-Earnings vs Peers: 002960 is good value based on its Price-To-Earnings Ratio (17x) compared to the peer average (83.6x).

Price to Earnings Ratio vs Industry

How does 002960'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
002960 17.0xIndustry Avg. 45.0xNo. of Companies28PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002960 is good value based on its Price-To-Earnings Ratio (17x) compared to the CN Electronic industry average (45x).

Price to Earnings Ratio vs Fair Ratio

What is 002960'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.

002960 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17x
Fair PE Ratio33.4x

Price-To-Earnings vs Fair Ratio: 002960 is good value based on its Price-To-Earnings Ratio (17x) compared to the estimated Fair Price-To-Earnings Ratio (33.4x).

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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