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Sinomach Precision Industry Co LtdSHE 002046 Stock Report

Last reporting period 30 Sep, 2023

Updated 13 Nov, 2024

Last price

Market cap $B

0.735

Micro

Exchange

XSHE - Shenzhen Stock Exchange

View Section: Eyestock Rating

Sinomach Precision Fair Value

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The fair market value of 002046.SZ stock is 27.46 CNY. Relative to the market price of 11.61 CNY Sinomach Precision is undervalued by 136.5%

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

Greatly undervalued 136.5%
27.46 CNY
002046.SZ Fair Value
11.61 CNY
Market price of 002046.SZ

Sinomach Precision Valuation

Current 002046.SZ share ticker price is 11.61 CNY.

The fair value level of 27.46 CNY can be considered as an effective entry point for long-term investors to start investing in 002046.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

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 137% lower its fair value

Min value

Current price is 12% lower its minimum value

Max value

Current price is 516% lower its maximum value

15.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

002046.SZ stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

Sinomach Precision Industry 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

137.05

2

Median P/E over 5 years

52.62

3

Minimum P/E over 5 years

24.89

4

Earning per share (last 12 months)

0.52 CNY

Maximum value

1

x

4

=

71.52 CNY

Fair value

2

x

4

=

27.46 CNY

Minimum value

3

x

4

=

12.99 CNY

Sinomach Precision Industry Co Ltd price metrics

12.78

Annual return (geometric mean)

48.58

Risk (standard deviation) of returns

β

1.34

Beta (volatility compared to market)

It means that 002046.SZ stock is more volatile than the broader market

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View Section: Profitability