Zhejiang Crystal-Optech Co., Ltd

XSEC:002273 Stock Report

Market Cap: CN¥28.0b

Zhejiang Crystal-Optech Valuation

Is 002273 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 002273 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002273 (CN¥20.21) is trading above our estimate of fair value (CN¥16.56)

Significantly Below Fair Value: 002273 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002273?

Key metric: As 002273 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002273. This is calculated by dividing 002273's market cap by their current earnings.
What is 002273's PE Ratio?
PE Ratio27.3x
EarningsCN¥1.02b
Market CapCN¥27.96b

Price to Earnings Ratio vs Peers

How does 002273's PE Ratio compare to its peers?

The above table shows the PE ratio for 002273 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.8x
600563 Xiamen Faratronic
26.4x18.3%CN¥28.6b
002056 Hengdian Group DMEGC Magnetics Ltd
19.8x23.5%CN¥21.6b
002138 Shenzhen Sunlord ElectronicsLtd
30.7x24.4%CN¥24.2b
002402 Shenzhen H&T Intelligent ControlLtd
46.4x38.7%CN¥16.4b
002273 Zhejiang Crystal-Optech
27.3x14.1%CN¥28.0b

Price-To-Earnings vs Peers: 002273 is good value based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (30.8x).

Price to Earnings Ratio vs Industry

How does 002273'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
002273 27.3xIndustry Avg. 45.5xNo. of Companies30PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002273 is good value based on its Price-To-Earnings Ratio (27.3x) compared to the CN Electronic industry average (45.5x).

Price to Earnings Ratio vs Fair Ratio

What is 002273'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.

002273 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.3x
Fair PE Ratio28.2x

Price-To-Earnings vs Fair Ratio: 002273 is good value based on its Price-To-Earnings Ratio (27.3x) compared to the estimated Fair Price-To-Earnings Ratio (28.2x).

Analyst Price Targets

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

The above table shows the analyst 002273 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥20.21
CN¥25.09
+24.2%
12.1%CN¥30.40CN¥22.00n/a6
Nov ’25CN¥22.28
CN¥24.08
+8.1%
15.6%CN¥30.40CN¥17.99n/a7
Oct ’25CN¥18.93
CN¥20.46
+8.1%
10.6%CN¥23.80CN¥17.99n/a7
Sep ’25CN¥17.85
CN¥20.46
+14.6%
10.6%CN¥23.80CN¥17.99n/a7
Aug ’25CN¥18.17
CN¥20.18
+11.0%
11.6%CN¥23.80CN¥17.99n/a7
Jul ’25CN¥18.20
CN¥18.10
-0.6%
2.1%CN¥19.00CN¥17.70n/a7
Jun ’25CN¥15.00
CN¥17.28
+15.2%
8.5%CN¥18.00CN¥14.00n/a6
May ’25CN¥14.43
CN¥17.12
+18.6%
8.4%CN¥18.00CN¥14.00n/a6
Apr ’25CN¥14.83
CN¥16.78
+13.2%
8.5%CN¥18.00CN¥14.00n/a6
Mar ’25CN¥11.59
CN¥14.93
+28.8%
9.3%CN¥16.00CN¥12.25n/a5
Feb ’25CN¥9.91
CN¥14.93
+50.7%
9.3%CN¥16.00CN¥12.25n/a5
Jan ’25CN¥13.54
CN¥14.93
+10.3%
9.3%CN¥16.00CN¥12.25n/a5
Dec ’24CN¥12.93
CN¥14.94
+15.6%
8.5%CN¥16.00CN¥12.25n/a6
Nov ’24CN¥13.70
CN¥14.61
+6.6%
8.3%CN¥16.00CN¥12.25CN¥22.286
Oct ’24CN¥11.16
CN¥14.18
+27.0%
10.1%CN¥16.00CN¥12.25CN¥18.936
Sep ’24CN¥10.64
CN¥14.68
+37.9%
12.1%CN¥17.00CN¥12.25CN¥17.856
Aug ’24CN¥11.48
CN¥16.91
+47.3%
7.6%CN¥18.45CN¥15.00CN¥18.175
Jul ’24CN¥11.94
CN¥17.31
+45.0%
8.9%CN¥19.00CN¥15.00CN¥18.205
Jun ’24CN¥11.95
CN¥17.04
+42.6%
9.0%CN¥19.00CN¥15.00CN¥15.006
May ’24CN¥11.62
CN¥17.85
+53.6%
6.3%CN¥19.00CN¥15.70CN¥14.435
Apr ’24CN¥13.92
CN¥17.85
+28.2%
6.3%CN¥19.00CN¥15.70CN¥14.835
Mar ’24CN¥13.20
CN¥17.85
+35.2%
6.3%CN¥19.00CN¥15.70CN¥11.595
Feb ’24CN¥12.90
CN¥17.85
+38.4%
6.3%CN¥19.00CN¥15.70CN¥9.915
Jan ’24CN¥11.79
CN¥17.85
+51.4%
6.3%CN¥19.00CN¥15.70CN¥13.545
Dec ’23CN¥12.12
CN¥17.85
+47.3%
6.3%CN¥19.00CN¥15.70CN¥12.935
Nov ’23CN¥12.45
CN¥17.51
+40.7%
10.1%CN¥19.00CN¥14.50CN¥13.704

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

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