EmbedWay Technologies (Shanghai) Valuation

Q: What is the Fair Price of 603496 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603496 (CN¥24.5) is trading above our estimate of [[fair value]] (CN¥3.1)

Is 603496 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 603496 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603496 (CN¥24.5) is trading above our estimate of fair value (CN¥3.1)

Significantly Below Fair Value: 603496 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603496?

Key metric: As 603496 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603496. This is calculated by dividing 603496's market cap by their current earnings.
What is 603496's PE Ratio?
PE Ratio	63.2x
Earnings	CN¥124.09m
Market Cap	CN¥7.85b

603496 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	6.9x
Enterprise Value/EBITDA	50.3x
PEG Ratio	1.9x

Price to Earnings Ratio vs Peers

How does 603496's PE Ratio compare to its peers?

The above table shows the PE ratio for 603496 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	55.7x
300353 Kyland Technology	30.3x	-13.0%	CN¥8.0b
300183 Qingdao Eastsoft Communication TechnologyLtd	94.5x	n/a	CN¥7.5b
002881 MeiG Smart Technology	71.6x	33.0%	CN¥6.2b
002396 Fujian Star-net Communication	26.2x	35.5%	CN¥10.1b
603496 EmbedWay Technologies (Shanghai)	63.2x	33.9%	CN¥7.8b

Price-To-Earnings vs Peers: 603496 is expensive based on its Price-To-Earnings Ratio (63.2x) compared to the peer average (55.7x).

Price to Earnings Ratio vs Industry

How does 603496's PE Ratio compare vs other companies in the CN Communications 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: 603496 is good value based on its Price-To-Earnings Ratio (63.2x) compared to the CN Communications industry average (65.4x).

Price to Earnings Ratio vs Fair Ratio

What is 603496'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.

603496 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	63.2x
Fair PE Ratio	38.8x

Price-To-Earnings vs Fair Ratio: 603496 is expensive based on its Price-To-Earnings Ratio (63.2x) compared to the estimated Fair Price-To-Earnings Ratio (38.8x).

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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