Zhejiang Jiecang Linear Motion Technology Co.,Ltd.

XSSC:603583 Stock Report

Market Cap: CN¥8.1b

Zhejiang Jiecang Linear Motion TechnologyLtd Valuation

Is 603583 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 603583 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603583 (CN¥21.04) is trading below our estimate of fair value (CN¥104.08)

Significantly Below Fair Value: 603583 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603583?

Key metric: As 603583 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603583. This is calculated by dividing 603583's market cap by their current earnings.
What is 603583's PE Ratio?
PE Ratio26x
EarningsCN¥310.73m
Market CapCN¥8.09b

Price to Earnings Ratio vs Peers

How does 603583's PE Ratio compare to its peers?

The above table shows the PE ratio for 603583 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average70.7x
002947 Suzhou Hengmingda Electronic Technology
22.1xn/aCN¥8.3b
300131 Shenzhen Yitoa Intelligent ControlLtd
157.4xn/aCN¥9.8b
603380 Suzhou Etron TechnologiesLtd
21.9xn/aCN¥3.6b
301041 Shenzhen King Brother Electronics TechnologyLtd
81.3xn/aCN¥2.7b
603583 Zhejiang Jiecang Linear Motion TechnologyLtd
26x27.7%CN¥8.1b

Price-To-Earnings vs Peers: 603583 is good value based on its Price-To-Earnings Ratio (26x) compared to the peer average (69.7x).

Price to Earnings Ratio vs Industry

How does 603583'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
603583 26.0xIndustry Avg. 45.0xNo. of Companies28PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603583 is good value based on its Price-To-Earnings Ratio (26x) compared to the CN Electronic industry average (47.8x).

Price to Earnings Ratio vs Fair Ratio

What is 603583'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.

603583 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26x
Fair PE Ratio31.4x

Price-To-Earnings vs Fair Ratio: 603583 is good value based on its Price-To-Earnings Ratio (26x) compared to the estimated Fair Price-To-Earnings Ratio (31.4x).

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 603583 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥21.04
CN¥25.57
+21.5%
5.4%CN¥27.00CN¥23.70n/a3
Nov ’25CN¥19.01
CN¥25.57
+34.5%
5.4%CN¥27.00CN¥23.70n/a3
Oct ’25CN¥19.11
CN¥25.57
+33.8%
5.4%CN¥27.00CN¥23.70n/a3
Sep ’25CN¥16.27
CN¥25.57
+57.1%
5.4%CN¥27.00CN¥23.70n/a3
Aug ’25CN¥17.61
CN¥25.57
+45.2%
5.4%CN¥27.00CN¥23.70n/a3
Jul ’25CN¥20.67
CN¥25.35
+22.6%
6.5%CN¥27.00CN¥23.70n/a2
Jun ’25CN¥19.29
CN¥25.35
+31.4%
6.5%CN¥27.00CN¥23.70n/a2
May ’25CN¥21.35
CN¥25.35
+18.7%
6.5%CN¥27.00CN¥23.70n/a2
Apr ’25CN¥18.03
CN¥24.35
+35.1%
2.7%CN¥25.00CN¥23.70n/a2
Mar ’25CN¥17.52
CN¥24.35
+39.0%
2.7%CN¥25.00CN¥23.70n/a2
Feb ’25CN¥15.08
CN¥24.35
+61.5%
2.7%CN¥25.00CN¥23.70n/a2
Jan ’25CN¥20.03
CN¥24.35
+21.6%
2.7%CN¥25.00CN¥23.70n/a2
Dec ’24CN¥20.17
CN¥24.90
+23.5%
3.8%CN¥26.00CN¥23.70n/a3
Nov ’24CN¥19.93
CN¥24.90
+24.9%
3.8%CN¥26.00CN¥23.70CN¥19.013
Oct ’24CN¥17.73
CN¥23.83
+34.4%
10.0%CN¥26.00CN¥20.50CN¥19.113
Sep ’24CN¥17.89
CN¥23.83
+33.2%
10.0%CN¥26.00CN¥20.50CN¥16.273
Aug ’24CN¥19.35
CN¥25.80
+33.3%
4.5%CN¥27.00CN¥23.90CN¥17.614
Jul ’24CN¥21.54
CN¥25.80
+19.8%
4.5%CN¥27.00CN¥23.90CN¥20.674
Jun ’24CN¥18.21
CN¥25.80
+41.7%
4.5%CN¥27.00CN¥23.90CN¥19.294
May ’24CN¥19.41
CN¥27.03
+39.3%
9.5%CN¥30.20CN¥23.90CN¥21.353
Apr ’24CN¥24.62
CN¥38.67
+57.1%
26.4%CN¥53.00CN¥30.20CN¥18.033
Mar ’24CN¥28.91
CN¥38.67
+33.7%
26.4%CN¥53.00CN¥30.20CN¥17.523
Feb ’24CN¥27.28
CN¥38.67
+41.7%
26.4%CN¥53.00CN¥30.20CN¥15.083
Jan ’24CN¥25.56
CN¥38.67
+51.3%
26.4%CN¥53.00CN¥30.20CN¥20.033
Dec ’23CN¥27.31
CN¥38.67
+41.6%
26.4%CN¥53.00CN¥30.20CN¥20.173
Nov ’23CN¥26.75
CN¥38.67
+44.5%
26.4%CN¥53.00CN¥30.20CN¥19.933

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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