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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | 42.2x - 46.6x | 44.4x |
Selected Fwd P/E Multiple | 27.1x - 30.0x | 28.6x |
Fair Value | ¥11.74 - ¥12.97 | ¥12.35 |
Upside | -12.9% - -3.8% | -8.4% |
Benchmarks | - | Full Ticker |
Sichuan Jiuzhou Electronic Co., Ltd. | 80,100.0% | SZSE:000801 |
Shenzhen Aoni Electronic Co., Ltd. | 30,118,900.0% | SZSE:301189 |
A-Zenith Home Furnishings Co., Ltd. | 60,338,900.0% | SHSE:603389 |
Kexin Development Co.,Ltd,Shanxi | 60,023,400.0% | SHSE:600234 |
Kwung's Aroma Holdings Limited | 192,500.0% | SEHK:1925 |
Yangzhou Seashine New Materials Co.,Ltd. | 30,088,500.0% | SZSE:300885 |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
801 | 301189 | 603389 | 600234 | 1925 | 300885 | |||
SZSE:000801 | SZSE:301189 | SHSE:603389 | SHSE:600234 | SEHK:1925 | SZSE:300885 | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 37.8% | NM- | NM- | NM- | 33.6% | 3.6% | ||
3Y CAGR | 10.3% | NM- | NM- | NM- | 34.3% | -5.5% | ||
Latest Twelve Months | -3.0% | -655.6% | -14.1% | -255.9% | 95.6% | 54.2% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 5.0% | 6.9% | -34.2% | -44.3% | 8.3% | 24.8% | ||
Prior Fiscal Year | 5.2% | 9.6% | -37.8% | -16.3% | 7.5% | 20.5% | ||
Latest Fiscal Year | 4.7% | -4.3% | -65.1% | -243.4% | 11.8% | 23.9% | ||
Latest Twelve Months | 4.7% | -11.2% | -54.6% | -90.3% | 11.8% | 23.9% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 48.7x | -25.1x | -15.4x | -12.4x | 2.9x | 33.5x | ||
Price / LTM Sales | 3.9x | 5.6x | 7.0x | 10.5x | 0.5x | 11.4x | ||
LTM P/E Ratio | 83.3x | -50.5x | -12.8x | -11.7x | 4.3x | 47.4x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | -50.5x | -11.7x | 83.3x | |||||
Historical LTM P/E Ratio | 32.3x | 47.4x | 76.1x | |||||
Selected P/E Multiple | 42.2x | 44.4x | 46.6x | |||||
(x) LTM Net Income | 71 | 71 | 71 | |||||
(=) Equity Value | 3,003 | 3,161 | 3,319 | |||||
(/) Shares Outstanding | 248.2 | 248.2 | 248.2 | |||||
Implied Value Range | 12.10 | 12.74 | 13.37 | |||||
FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 12.10 | 12.74 | 13.37 | 13.48 | ||||
Upside / (Downside) | -10.2% | -5.5% | -0.8% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | 801 | 301189 | 603389 | 600234 | 1925 | 300885 | |
Value of Common Equity | 15,946 | 2,814 | 1,357 | 1,609 | 485 | 3,345 | |
(/) Shares Outstanding | 1,022.8 | 114.9 | 261.5 | 262.5 | 405.0 | 248.2 | |
Implied Stock Price | 15.59 | 24.49 | 5.19 | 6.13 | 1.20 | 13.48 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 0.94 | 1.00 | |
Implied Stock Price (Trading Cur) | 15.59 | 24.49 | 5.19 | 6.13 | 1.28 | 13.48 | |
Trading Currency | CNY | CNY | CNY | CNY | HKD | CNY | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 0.94 | 1.00 |