Shanghai Conant Optical Co., Ltd.

SEHK:2276 Stock Report

Market Cap: HK$5.1b

Shanghai Conant Optical Valuation

Is 2276 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 2276 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2276 (HK$11.92) is trading below our estimate of fair value (HK$12.05)

Significantly Below Fair Value: 2276 is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2276?

Other financial metrics that can be useful for relative valuation.

2276 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/Revenue2.5x
Enterprise Value/EBITDA10.6x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does 2276's PE Ratio compare to its peers?

The above table shows the PE ratio for 2276 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.6x
1501 Shanghai INT Medical Instruments
28.9x25.4%HK$4.7b
1763 China Isotope & Radiation
8.5xn/aHK$3.3b
9997 Kangji Medical Holdings
12.5x14.5%HK$6.8b
6929 OrbusNeich Medical Group Holdings
8.6x0.5%HK$3.2b
2276 Shanghai Conant Optical
14.5x16.1%HK$5.1b

Price-To-Earnings vs Peers: 2276 is good value based on its Price-To-Earnings Ratio (14.5x) compared to the peer average (14.6x).


Price to Earnings Ratio vs Industry

How does 2276's PE Ratio compare vs other companies in the HK Medical Equipment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a35.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a35.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 2276 is expensive based on its Price-To-Earnings Ratio (14.5x) compared to the Hong Kong Medical Equipment industry average (12.6x).


Price to Earnings Ratio vs Fair Ratio

What is 2276'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.

2276 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.5x
Fair PE Ratio13.8x

Price-To-Earnings vs Fair Ratio: 2276 is expensive based on its Price-To-Earnings Ratio (14.5x) compared to the estimated Fair Price-To-Earnings Ratio (13.8x).


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 2276 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$11.92
HK$13.44
+12.8%
17.5%HK$15.48HK$10.14n/a3
Jul ’25HK$12.36
HK$13.44
+8.7%
17.5%HK$15.48HK$10.14n/a3
Jun ’25HK$11.10
HK$13.34
+20.2%
16.7%HK$15.07HK$10.19n/a3
May ’25HK$8.78
HK$13.34
+51.9%
16.7%HK$15.07HK$10.19n/a3
Apr ’25HK$8.51
HK$14.92
+75.4%
1.1%HK$15.08HK$14.77n/a2
Mar ’25HK$7.45
HK$14.95
+100.7%
0.9%HK$15.08HK$14.82n/a2

Analyst Forecast: Target price is less than 20% higher than the current share price.


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