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Shanghai Morn Electric Equipment Co LtdSHE 002451 Stock Report

Last reporting period 31 Dec, 2022

Updated 14 Nov, 2024

Last price

Market cap $B

0.336

Micro

Exchange

XSHE - Shenzhen Stock Exchange

View Section: Eyestock Rating

Shanghai Morn Fair Value

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The fair market value of 002451.SZ stock is 4.49 CNY. Relative to the market price of 7.09 CNY Shanghai Morn is overvalued by 36.7%

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

Overvalued 36.7%
4.49 CNY
002451.SZ Fair Value
7.09 CNY
Market price of 002451.SZ

Shanghai Morn Valuation

Current 002451.SZ share ticker price is 7.09 CNY.

The fair value level of 4.49 CNY can be considered as an effective entry point for long-term investors to start investing in 002451.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 37% higher its fair value

Min value

Current price is 54% higher its minimum value

Max value

Current price is 16% 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.

002451.SZ stock is overvalued

It means the current price may concern as a Risky Entry Point

Shanghai Morn Electric Equipment 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

245.54

2

Median P/E over 5 years

134.46

3

Minimum P/E over 5 years

97.6

4

Earning per share (last 12 months)

0.03 CNY

Maximum value

1

x

4

=

8.2 CNY

Fair value

2

x

4

=

4.49 CNY

Minimum value

3

x

4

=

3.26 CNY

Shanghai Morn Electric Equipment Co Ltd price metrics

-6.45

Annual return (geometric mean)

44.53

Risk (standard deviation) of returns

β

0.79

Beta (volatility compared to market)

It means that 002451.SZ stock is less volatile than the broader market

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View Section: Profitability