Shenzhen Newway Photomask Making Valuation

Q: What is the Fair Price of 688401 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

688401 (CN¥27.47) is trading above our estimate of [[fair value]] (CN¥0.59)

Is 688401 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 688401 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688401 (CN¥27.47) is trading above our estimate of fair value (CN¥0.59)

Significantly Below Fair Value: 688401 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688401?

Key metric: As 688401 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688401. This is calculated by dividing 688401's market cap by their current earnings.
What is 688401's PE Ratio?
PE Ratio	32.6x
Earnings	CN¥161.51m
Market Cap	CN¥5.26b

688401 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	7x
Enterprise Value/EBITDA	21.3x
PEG Ratio	1x

Price to Earnings Ratio vs Peers

How does 688401's PE Ratio compare to its peers?

The above table shows the PE ratio for 688401 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	78.6x
605218 Ways ElectronLtd	66.2x	n/a	CN¥5.5b
000045 Shenzhen Textile (Holdings)	60.4x	n/a	CN¥5.2b
301285 HONG RI DA Technology	168.5x	n/a	CN¥6.1b
002937 Ningbo Sunrise Elc TechnologyLtd	19.2x	35.1%	CN¥5.2b
688401 Shenzhen Newway Photomask Making	32.6x	31.9%	CN¥5.3b

Price-To-Earnings vs Peers: 688401 is good value based on its Price-To-Earnings Ratio (32.6x) compared to the peer average (78.6x).

Price to Earnings Ratio vs Industry

How does 688401's PE Ratio compare vs other companies in the CN Electronic 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: 688401 is good value based on its Price-To-Earnings Ratio (32.6x) compared to the CN Electronic industry average (44.7x).

Price to Earnings Ratio vs Fair Ratio

What is 688401'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.

688401 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	32.6x
Fair PE Ratio	34.8x

Price-To-Earnings vs Fair Ratio: 688401 is good value based on its Price-To-Earnings Ratio (32.6x) compared to the estimated Fair Price-To-Earnings Ratio (34.8x).

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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