Maxvision Technology Corp.

XSEC:002990 Stock Report

Market Cap: CN¥6.1b

Maxvision Technology Valuation

Is 002990 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 002990 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002990 (CN¥23.78) is trading above our estimate of fair value (CN¥6.48)

Significantly Below Fair Value: 002990 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002990?

Key metric: As 002990 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002990. This is calculated by dividing 002990's market cap by their current earnings.
What is 002990's PE Ratio?
PE Ratio44x
EarningsCN¥138.37m
Market CapCN¥6.09b

Price to Earnings Ratio vs Peers

How does 002990's PE Ratio compare to its peers?

The above table shows the PE ratio for 002990 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average63x
301303 Zenner Metering Technology (Shanghai)
17.2xn/aCN¥6.1b
002161 Invengo Information TechnologyLtd
71.8xn/aCN¥4.5b
301421 Nanjing Wavelength Opto-Electronic Science & TechnologyLtd
149.5x36.8%CN¥6.0b
300349 Goldcard Smart Group
13.5x20.1%CN¥5.4b
002990 Maxvision Technology
42.1x42.2%CN¥5.8b

Price-To-Earnings vs Peers: 002990 is good value based on its Price-To-Earnings Ratio (44x) compared to the peer average (63x).


Price to Earnings Ratio vs Industry

How does 002990'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
002990 44.0xIndustry Avg. 44.7xNo. of Companies29PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002990 is good value based on its Price-To-Earnings Ratio (44x) compared to the CN Electronic industry average (44.7x).


Price to Earnings Ratio vs Fair Ratio

What is 002990'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.

002990 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44x
Fair PE Ratio42.5x

Price-To-Earnings vs Fair Ratio: 002990 is expensive based on its Price-To-Earnings Ratio (44x) compared to the estimated Fair Price-To-Earnings Ratio (42.5x).


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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