Nano Labs Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for NA. This is calculated by dividing NA's market cap by their current revenue.
What is NA's PS Ratio?
PS Ratio	6.1x
Sales	CN¥50.81m
Market Cap	CN¥313.78m

NA 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	9.5x
Enterprise Value/EBITDA	-4.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for NA 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	15.6x
PXLW Pixelworks	0.9x	5.2%	US$48.8m
SELX Semilux International	56x	n/a	US$55.4m
SODI Solitron Devices	2.2x	n/a	US$33.3m
GSIT GSI Technology	3.3x	n/a	US$64.0m
NA Nano Labs	6.1x	n/a	US$43.4m

Price-To-Sales vs Peers: NA is good value based on its Price-To-Sales Ratio (6.1x) compared to the peer average (15.6x).

Price to Sales Ratio vs Industry

How does NA's PS Ratio compare vs other companies in the US Semiconductor Industry?

17 Companies	Price / Sales	Estimated Growth	Market Cap
JKS JinkoSolar Holding	0.08x	n/a	US$1.11b
PENG Penguin Solutions	0.8x	11.9%	US$875.02m
CSIQ Canadian Solar	0.1x	13.8%	US$727.14m
SEDG SolarEdge Technologies	0.6x	21.9%	US$616.59m

17 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: NA is expensive based on its Price-To-Sales Ratio (6.1x) compared to the US Semiconductor industry average (3.6x).

Price to Sales Ratio vs Fair Ratio

What is NA'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.

NA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	6.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NA's Price-To-Sales Fair Ratio for valuation analysis.

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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