SenseTime Group Valuation

Is 20 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 20 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 20's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 20's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 20?

Key metric: As 20 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 20. This is calculated by dividing 20's market cap by their current revenue.
What is 20's PS Ratio?
PS Ratio	16.9x
Sales	CN¥3.71b
Market Cap	CN¥62.78b

20 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	15.8x
Enterprise Value/EBITDA	-11.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 20's PS Ratio compare to its peers?

The above table shows the PS ratio for 20 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	16.5x
9660 Horizon Robotics	39.7x	29.9%	HK$90.0b
268 Kingdee International Software Group	8.3x	13.7%	HK$53.2b
6682 Beijing Fourth Paradigm Technology	5.3x	19.3%	HK$25.9b
2556 Marketingforce Management	12.7x	28.0%	HK$18.9b
20 SenseTime Group	16.9x	28.9%	HK$67.4b

Price-To-Sales vs Peers: 20 is expensive based on its Price-To-Sales Ratio (16.9x) compared to the peer average (16.5x).

Price to Sales Ratio vs Industry

How does 20's PS Ratio compare vs other companies in the HK Software Industry?

9 Companies	Price / Sales	Estimated Growth	Market Cap
6638 OneConnect Financial Technology	0.4x	-20.1%	US$147.00m
2392 Xuan Wu Cloud Technology Holdings	0.4x	n/a	US$80.89m
1522 BII Railway Transportation Technology Holdings	0.4x	n/a	US$75.45m
1059 Kantone Holdings	0.5x	n/a	US$9.16m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 20 is expensive based on its Price-To-Sales Ratio (16.9x) compared to the Hong Kong Software industry average (2.1x).

Price to Sales Ratio vs Fair Ratio

What is 20'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.

20 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	16.9x
Fair PS Ratio	7.7x

Price-To-Sales vs Fair Ratio: 20 is expensive based on its Price-To-Sales Ratio (16.9x) compared to the estimated Fair Price-To-Sales Ratio (7.7x).

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 20 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	HK$1.82	HK$1.86 +2.3%	24.5%	HK$2.83	HK$1.28	n/a	8
Feb ’26	HK$1.61	HK$1.80 +11.6%	28.6%	HK$2.84	HK$1.17	n/a	8
Jan ’26	HK$1.49	HK$1.76 +18.0%	29.1%	HK$2.82	HK$1.13	n/a	8
Dec ’25	HK$1.49	HK$1.70 +14.0%	30.1%	HK$2.91	HK$1.16	n/a	9
Nov ’25	HK$1.52	HK$1.70 +11.7%	30.1%	HK$2.91	HK$1.16	n/a	9
Oct ’25	HK$1.72	HK$1.70 -1.3%	30.1%	HK$2.91	HK$1.16	n/a	9
Sep ’25	HK$1.18	HK$1.53 +29.4%	24.6%	HK$2.04	HK$0.77	n/a	8
Aug ’25	HK$1.18	HK$1.55 +31.4%	25.6%	HK$1.99	HK$0.75	n/a	8
Jul ’25	HK$1.32	HK$1.45 +9.8%	27.4%	HK$1.99	HK$0.75	n/a	8
Jun ’25	HK$1.32	HK$1.38 +4.3%	26.6%	HK$1.99	HK$0.75	n/a	7
May ’25	HK$1.22	HK$1.49 +22.0%	27.6%	HK$2.02	HK$0.75	n/a	8
Apr ’25	HK$0.71	HK$1.87 +163.2%	39.2%	HK$3.42	HK$0.75	n/a	8
Mar ’25	HK$0.89	HK$2.16 +142.2%	25.1%	HK$3.44	HK$1.58	n/a	9
Feb ’25	HK$0.79	HK$2.16 +173.8%	25.0%	HK$3.45	HK$1.58	HK$1.61	9
Jan ’25	HK$1.16	HK$2.17 +87.1%	24.5%	HK$3.44	HK$1.62	HK$1.49	9
Dec ’24	HK$1.38	HK$2.13 +54.5%	24.4%	HK$3.38	HK$1.59	HK$1.49	9
Nov ’24	HK$1.40	HK$2.13 +52.3%	24.4%	HK$3.38	HK$1.59	HK$1.52	9
Oct ’24	HK$1.43	HK$2.15 +50.2%	25.6%	HK$3.38	HK$1.59	HK$1.72	8
Sep ’24	HK$1.56	HK$2.47 +58.3%	20.1%	HK$3.41	HK$1.76	HK$1.18	8
Aug ’24	HK$1.82	HK$3.24 +77.7%	18.3%	HK$4.25	HK$2.56	HK$1.18	9
Jul ’24	HK$2.07	HK$3.24 +56.3%	18.3%	HK$4.25	HK$2.56	HK$1.32	9
Jun ’24	HK$2.12	HK$3.24 +52.6%	18.3%	HK$4.25	HK$2.56	HK$1.32	9
May ’24	HK$2.60	HK$3.33 +27.9%	18.7%	HK$4.40	HK$2.64	HK$1.22	9
Apr ’24	HK$2.66	HK$3.03 +13.8%	14.5%	HK$3.61	HK$2.20	HK$0.71	9
Mar ’24	HK$2.71	HK$2.64 -2.5%	22.1%	HK$3.57	HK$1.93	HK$0.89	8
Feb ’24	HK$2.94	HK$2.95 +0.3%	29.1%	HK$4.78	HK$2.01	HK$0.79	9

Analyst Price Target

Consensus Narrative from 8 Analysts

HK$1.86

Fair Value

2.2% undervalued

Number of Analysts

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

Discover undervalued companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/15 19:42
End of Day Share Price	2025/02/14 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SenseTime Group Inc. is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Zhongheng Lin	BOCI Research Ltd.
Ke Qu	CCB International Securities Limited
Ronnie Ho	CCB International Securities Limited