Shenzhen MinDe Electronics Technology Ltd.

XSEC:300656 Stock Report

Market Cap: CN¥4.8b

Shenzhen MinDe Electronics Technology Valuation

Is 300656 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300656 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300656 (CN¥27.77) is trading above our estimate of fair value (CN¥0.49)

Significantly Below Fair Value: 300656 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300656?

Key metric: As 300656 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300656. This is calculated by dividing 300656's market cap by their current revenue.
What is 300656's PS Ratio?
PS Ratio12.6x
SalesCN¥376.13m
Market CapCN¥4.75b

Price to Sales Ratio vs Peers

How does 300656's PS Ratio compare to its peers?

The above table shows the PS ratio for 300656 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.6x
002587 Shenzhen AOTO Electronics
7.3xn/aCN¥4.7b
000925 UniTTECLtd
2.6x16.4%CN¥5.4b
000532 Zhuhai Huajin Capital
11xn/aCN¥4.7b
300370 Sichuan Etrol Technologies
9.6xn/aCN¥4.5b
300656 Shenzhen MinDe Electronics Technology
12.6xn/aCN¥4.8b

Price-To-Sales vs Peers: 300656 is expensive based on its Price-To-Sales Ratio (12.6x) compared to the peer average (7.7x).

Price to Sales Ratio vs Industry

How does 300656's PS Ratio compare vs other companies in the CN Electronic Industry?

17 CompaniesPrice / SalesEstimated GrowthMarket Cap
601138 Foxconn Industrial Internet
0.8x19.3%US$60.64b
000100 TCL Technology Group
0.5x11.9%US$11.52b
600745 Wingtech TechnologyLtd
0.7x7.6%US$6.70b
601231 Universal Scientific Industrial (Shanghai)
0.5x11.1%US$4.18b
300656 12.6xIndustry Avg. 4.3xNo. of Companies48PS03.26.49.612.816+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300656 is expensive based on its Price-To-Sales Ratio (12.6x) compared to the CN Electronic industry average (4.3x).

Price to Sales Ratio vs Fair Ratio

What is 300656's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300656 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 300656's Price-To-Sales Fair Ratio for valuation analysis.

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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