PAX Global Technology (SHSC:327) Stock Valuation, Peer Comparison & Price Targets

Q: What is the Fair Price of 327 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

327 (HK$4.86) is trading below our estimate of [[fair value]] (HK$5.24)

Share Price vs Fair Value

What is the Fair Price of 327 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 327 (HK$4.86) is trading below our estimate of fair value (HK$5.24)

Significantly Below Fair Value: 327 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 327?

Key metric: As 327 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 327. This is calculated by dividing 327's market cap by their current earnings.
What is 327's PE Ratio?
PE Ratio	5.4x
Earnings	HK$959.10m
Market Cap	HK$5.16b

327 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	0.4x
Enterprise Value/EBITDA	2.1x
PEG Ratio	0.4x

Price to Earnings Ratio vs Peers

How does 327's PE Ratio compare to its peers?

The above table shows the PE ratio for 327 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	14.8x
1478 Q Technology (Group)	35.5x	35.7%	HK$6.7b
710 BOE Varitronix	9.5x	20.8%	HK$4.2b
3393 Wasion Holdings	10x	22.8%	HK$6.9b
2481 Wise Living Technology	4.3x	n/a	HK$844.5m
327 PAX Global Technology	5.4x	14.3%	HK$5.2b

Price-To-Earnings vs Peers: 327 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (14.8x).

Price to Earnings Ratio vs Industry

How does 327's PE Ratio compare vs other companies in the HK Electronic Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap
76 Elate Holdings	0.6x	n/a	US$18.41m
1822 China Wood International Holding	0.07x	n/a	US$10.88m
911 Qianhai Health Holdings	0.7x	n/a	US$6.86m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 327 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the Hong Kong Electronic industry average (8.7x).

Price to Earnings Ratio vs Fair Ratio

What is 327'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.

327 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.4x
Fair PE Ratio	10.7x

Price-To-Earnings vs Fair Ratio: 327 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the estimated Fair Price-To-Earnings Ratio (10.7x).

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 327 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$4.86	HK$6.49 +33.4%	4.4%	HK$6.77	HK$6.20	n/a	2
Nov ’25	HK$5.16	HK$6.49 +25.7%	4.4%	HK$6.77	HK$6.20	n/a	2
Oct ’25	HK$5.20	HK$6.49 +24.7%	4.4%	HK$6.77	HK$6.20	n/a	2
Sep ’25	HK$4.53	HK$6.49 +43.2%	4.4%	HK$6.77	HK$6.20	n/a	2
Aug ’25	HK$4.30	HK$9.00 +109.2%	4.4%	HK$9.39	HK$8.60	n/a	2
Jul ’25	HK$5.86	HK$9.00 +53.5%	4.4%	HK$9.39	HK$8.60	n/a	2
Jun ’25	HK$6.23	HK$9.00 +44.4%	4.4%	HK$9.39	HK$8.60	n/a	2
May ’25	HK$6.56	HK$9.00 +37.1%	4.4%	HK$9.39	HK$8.60	n/a	2
Apr ’25	HK$6.17	HK$8.83 +43.1%	4.5%	HK$9.39	HK$8.50	n/a	3
Mar ’25	HK$6.05	HK$8.83 +46.0%	4.5%	HK$9.39	HK$8.50	n/a	3
Feb ’25	HK$5.47	HK$8.83 +61.4%	4.5%	HK$9.39	HK$8.50	n/a	3
Jan ’25	HK$6.05	HK$8.83 +46.0%	4.5%	HK$9.39	HK$8.50	n/a	3
Dec ’24	HK$5.70	HK$8.83 +54.9%	4.5%	HK$9.39	HK$8.50	n/a	3
Nov ’24	HK$5.42	HK$8.83 +62.9%	4.5%	HK$9.39	HK$8.50	HK$5.16	3
Oct ’24	HK$5.53	HK$8.83 +59.7%	4.5%	HK$9.39	HK$8.50	HK$5.20	3
Sep ’24	HK$5.94	HK$8.83 +48.7%	4.5%	HK$9.39	HK$8.50	HK$4.53	3
Aug ’24	HK$6.46	HK$9.53 +47.5%	2.0%	HK$9.80	HK$9.39	HK$4.30	3
Jul ’24	HK$5.94	HK$9.53 +60.4%	2.0%	HK$9.80	HK$9.39	HK$5.86	3
Jun ’24	HK$6.10	HK$9.53 +56.2%	2.0%	HK$9.80	HK$9.39	HK$6.23	3
May ’24	HK$6.45	HK$9.53 +47.8%	2.0%	HK$9.80	HK$9.39	HK$6.56	3
Apr ’24	HK$6.59	HK$9.53 +44.6%	2.0%	HK$9.80	HK$9.39	HK$6.17	3
Mar ’24	HK$6.98	HK$12.46 +78.4%	18.9%	HK$14.81	HK$10.10	HK$6.05	2
Feb ’24	HK$7.55	HK$12.46 +65.0%	18.9%	HK$14.81	HK$10.10	HK$5.47	2
Jan ’24	HK$6.75	HK$12.46 +84.5%	18.9%	HK$14.81	HK$10.10	HK$6.05	2
Dec ’23	HK$6.84	HK$12.10 +76.9%	16.4%	HK$14.81	HK$10.10	HK$5.70	3
Nov ’23	HK$6.39	HK$12.10 +89.4%	16.4%	HK$14.81	HK$10.10	HK$5.42	3

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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PAX Global Technology Valuation