Hongda High-Tech Fair Value
00
The fair market value of 002144.SZ stock is 10.96 CNY. Relative to the market price of 8.41 CNY Hongda High-Tech Holding Co is undervalued by 30.4%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
Hongda High-Tech Valuation
Current 002144.SZ share ticker price is 8.41 CNY.
The fair value level of 10.96 CNY can be considered as an effective entry point for long-term investors to start investing in 002144.SZ stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Current price is 30% lower its fair value
Current price is 8% lower its minimum value
Current price is 95% lower its maximum value
Market price:
002144.SZ stock is greatly undervalued
It means the current price may concern as a Low Risk Entry Point
Hongda High-Tech Holding Co Ltd Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
34.07
2
Median P/E over 5 years
22.83
3
Minimum P/E over 5 years
18.92
4
Earning per share (last 12 months)
0.48 CNY
Maximum value
1
x
4
=
16.36 CNY
Fair value
2
x
4
=
10.96 CNY
Minimum value
3
x
4
=
9.09 CNY
Hongda High-Tech Holding Co Ltd price metrics
-4.2
Annual return (geometric mean)
34.8
Risk (standard deviation) of returns
β
1.1
Beta (volatility compared to market)