Fibocom Wireless Inc.

XSEC:300638 Stock Report

Market Cap: CN¥12.7b

Fibocom Wireless Valuation

Is 300638 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 300638 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300638 (CN¥16.61) is trading above our estimate of fair value (CN¥7.49)

Significantly Below Fair Value: 300638 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300638?

Key metric: As 300638 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300638. This is calculated by dividing 300638's market cap by their current earnings.
What is 300638's PE Ratio?
PE Ratio16.7x
EarningsCN¥760.30m
Market CapCN¥12.72b

Price to Earnings Ratio vs Peers

How does 300638's PE Ratio compare to its peers?

The above table shows the PE ratio for 300638 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average92.5x
300570 T&S CommunicationsLtd
75.9x44.7%CN¥14.9b
300620 Advanced Fiber Resources (Zhuhai)
162.9x42.1%CN¥11.2b
603083 CIG ShangHai
96.1xn/aCN¥12.2b
300627 Shanghai Huace Navigation Technology
35x24.3%CN¥19.5b
300638 Fibocom Wireless
16.7x3.7%CN¥12.7b

Price-To-Earnings vs Peers: 300638 is good value based on its Price-To-Earnings Ratio (16.7x) compared to the peer average (92.5x).

Price to Earnings Ratio vs Industry

How does 300638's PE Ratio compare vs other companies in the CN Communications Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
300638 16.7xIndustry Avg. 65.2xNo. of Companies7PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300638 is good value based on its Price-To-Earnings Ratio (16.7x) compared to the CN Communications industry average (65.2x).

Price to Earnings Ratio vs Fair Ratio

What is 300638'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.

300638 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.7x
Fair PE Ratio22.5x

Price-To-Earnings vs Fair Ratio: 300638 is good value based on its Price-To-Earnings Ratio (16.7x) compared to the estimated Fair Price-To-Earnings Ratio (22.5x).

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 300638 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥16.61
CN¥20.19
+21.5%
13.6%CN¥24.05CN¥17.89n/a3
Nov ’25CN¥15.50
CN¥18.76
+21.1%
4.1%CN¥19.78CN¥17.89n/a3
Oct ’25CN¥14.85
CN¥14.88
+0.2%
2.9%CN¥15.31CN¥14.45n/a2
Sep ’25CN¥11.13
CN¥14.88
+33.7%
2.9%CN¥15.31CN¥14.45n/a2
Aug ’25CN¥12.83
CN¥24.53
+91.2%
2.0%CN¥25.03CN¥24.03n/a2
Jul ’25CN¥17.10
CN¥24.53
+43.5%
2.0%CN¥25.03CN¥24.03n/a2
Jun ’25CN¥16.56
CN¥25.35
+53.1%
4.9%CN¥27.00CN¥24.03n/a3
May ’25CN¥17.33
CN¥25.35
+46.3%
4.9%CN¥27.00CN¥24.03n/a3
Apr ’25CN¥17.90
CN¥24.72
+38.1%
6.7%CN¥27.00CN¥23.14n/a3
Mar ’25CN¥17.26
CN¥24.93
+44.4%
5.9%CN¥27.00CN¥23.76n/a3
Feb ’25CN¥13.70
CN¥24.93
+82.0%
5.9%CN¥27.00CN¥23.76n/a3
Jan ’25CN¥19.03
CN¥26.51
+39.3%
7.0%CN¥28.50CN¥24.03n/a3
Dec ’24CN¥20.42
CN¥26.51
+29.8%
7.0%CN¥28.50CN¥24.03n/a3
Nov ’24CN¥20.52
CN¥25.51
+24.3%
8.3%CN¥28.50CN¥24.00CN¥15.503
Oct ’24CN¥19.57
CN¥24.02
+22.7%
0.06%CN¥24.03CN¥24.00CN¥14.852
Sep ’24CN¥20.16
CN¥24.02
+19.1%
0.06%CN¥24.03CN¥24.00CN¥11.132
Aug ’24CN¥21.08
CN¥22.51
+6.8%
11.0%CN¥25.00CN¥20.03CN¥12.832
Jul ’24CN¥22.68
CN¥22.51
-0.7%
11.0%CN¥25.00CN¥20.03CN¥17.102
Jun ’24CN¥21.79
CN¥22.51
+3.3%
11.0%CN¥25.00CN¥20.03CN¥16.562
Mar ’24CN¥18.95
CN¥25.70
+35.6%
25.4%CN¥32.24CN¥19.17CN¥17.262
Feb ’24CN¥17.75
CN¥25.70
+44.8%
25.4%CN¥32.24CN¥19.17CN¥13.702
Jan ’24CN¥14.92
CN¥25.70
+72.3%
25.4%CN¥32.24CN¥19.17CN¥19.032
Dec ’23CN¥16.73
CN¥25.70
+53.7%
25.4%CN¥32.24CN¥19.17CN¥20.422
Nov ’23CN¥16.06
CN¥25.70
+60.1%
25.4%CN¥32.24CN¥19.17CN¥20.522

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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