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Suzhou Hengmingda Electronic Technology Co LtdSHE 002947 Stock Report

Last reporting period 30 Sep, 2023

Updated 11 Nov, 2024

Last price

Market cap $B

1.155

Small

Exchange

XSHE - Shenzhen Stock Exchange

View Section: Eyestock Rating

Suzhou Hengmingda Fair Value

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The fair market value of 002947.SZ stock is 44.32 CNY. Relative to the market price of 38.1 CNY Suzhou Hengmingda is undervalued by 16.3%

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

Undervalued 16.3%
44.32 CNY
002947.SZ Fair Value
38.1 CNY
Market price of 002947.SZ

Suzhou Hengmingda Valuation

Current 002947.SZ share ticker price is 38.1 CNY.

The fair value level of 44.32 CNY can be considered as an effective entry point for long-term investors to start investing in 002947.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 16% lower its fair value

Min value

Current price is 37% higher its minimum value

Max value

Current price is 106% lower its maximum value

13.11.2024

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.

002947.SZ stock is undervalued

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

Suzhou Hengmingda Electronic Technology 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

76.42

2

Median P/E over 5 years

43.15

3

Minimum P/E over 5 years

23.4

4

Earning per share (last 12 months)

1.03 CNY

Maximum value

1

x

4

=

78.48 CNY

Fair value

2

x

4

=

44.32 CNY

Minimum value

3

x

4

=

24.03 CNY

Suzhou Hengmingda Electronic Technology Co Ltd price metrics

4.27

Annual return (geometric mean)

45.38

Risk (standard deviation) of returns

β

1.26

Beta (volatility compared to market)

It means that 002947.SZ stock is more volatile than the broader market

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View Section: Profitability