Fujian Torch Fair Value
60
The fair market value of 603678.SS stock is 22.11 CNY. Relative to the market price of 29.12 CNY Fujian Torch is overvalued by 24.1%
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
Fujian Torch Valuation
Current 603678.SS share ticker price is 29.12 CNY.
The fair value level of 22.11 CNY can be considered as an effective entry point for long-term investors to start investing in 603678.SS 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 24% higher its fair value
Current price is 33% higher its minimum value
Current price is 3% lower its maximum value
Market price:
603678.SS stock is overvalued
It means the current price may concern as a Risky Entry Point
Fujian Torch Electron 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
36.7
2
Median P/E over 5 years
27.01
3
Minimum P/E over 5 years
23.68
4
Earning per share (last 12 months)
0.82 CNY
Maximum value
1
x
4
=
30.03 CNY
Fair value
2
x
4
=
22.11 CNY
Minimum value
3
x
4
=
19.38 CNY
Fujian Torch Electron Technology Co Ltd price metrics
6.0
Annual return (geometric mean)
47.6
Risk (standard deviation) of returns
β
1.5
Beta (volatility compared to market)