Xi'an NovaStar Tech Valuation

Q: What is the Fair Price of 301589 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

301589 (CN¥183.33) is trading below our estimate of [[fair value]] (CN¥467.55)

Is 301589 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 301589 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 301589 (CN¥183.33) is trading below our estimate of fair value (CN¥467.55)

Significantly Below Fair Value: 301589 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301589?

Key metric: As 301589 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 301589. This is calculated by dividing 301589's market cap by their current earnings.
What is 301589's PE Ratio?
PE Ratio	26.1x
Earnings	CN¥649.11m
Market Cap	CN¥16.95b

301589 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	5x
Enterprise Value/EBITDA	21.7x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

How does 301589's PE Ratio compare to its peers?

The above table shows the PE ratio for 301589 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	44.6x
688582 Anhui XDLK Microsystem	96x	35.5%	CN¥19.8b
603025 Beijing Dahao TechnologyLtd	30x	n/a	CN¥18.2b
688002 Raytron TechnologyLtd	35.6x	28.1%	CN¥21.1b
603556 Hexing ElectricalLtd	16.8x	20.0%	CN¥18.6b
301589 Xi'an NovaStar Tech	26.1x	35.3%	CN¥16.9b

Price-To-Earnings vs Peers: 301589 is good value based on its Price-To-Earnings Ratio (26.1x) compared to the peer average (44.6x).

Price to Earnings Ratio vs Industry

How does 301589'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: 301589 is good value based on its Price-To-Earnings Ratio (26.1x) compared to the CN Electronic industry average (47.8x).

Price to Earnings Ratio vs Fair Ratio

What is 301589'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.

301589 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	26.1x
Fair PE Ratio	43.3x

Price-To-Earnings vs Fair Ratio: 301589 is good value based on its Price-To-Earnings Ratio (26.1x) compared to the estimated Fair Price-To-Earnings Ratio (43.3x).

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.

Discover undervalued companies

Universal Scientific Industrial (Shanghai)

CN¥32.4b

An electronic design and manufacturing service company, engages in the design, miniaturization, material sourcing, manufacture, logistics, sale, and after servicing of electronic devices/modules worldwide.

601231

CN¥14.85

-4.3%

-1.1%

Foxconn Industrial Internet

CN¥465.5b

Designs and manufactures communication network and cloud computing equipment, precision tools, and industrial solutions.

601138

CN¥23.43

-5.8%

49.0%

Shenzhen Transsion Holdings

CN¥102.8b

Manufactures and sells smart devices in Africa and internationally.

688036

CN¥90.16

-3.6%

6.2%