iRay Technology Co Ltd
SSE:688301

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iRay Technology Co Ltd
SSE:688301
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Price: 120.74 CNY 5.54% Market Closed
Market Cap: 17.3B CNY

Relative Value

The Relative Value of one iRay Technology Co Ltd stock under the Base Case scenario is 147.42 CNY. Compared to the current market price of 120.74 CNY, iRay Technology Co Ltd is Undervalued by 18%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
147.42 CNY
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
15
Median 3Y
11.9
Median 5Y
11.7
Industry
2.2
Forward
8.5
vs History
66
vs Industry
21
Median 3Y
31.5
Median 5Y
31.7
Industry
22.5
Forward
25.5
vs History
66
vs Industry
9
Median 3Y
64.7
Median 5Y
60.1
Industry
13.9
vs History
vs Industry
Median 3Y
-67.2
Median 5Y
-35.9
Industry
19.7
vs History
73
vs Industry
25
Median 3Y
5
Median 5Y
4.7
Industry
2.1
vs History
55
vs Industry
13
Median 3Y
10.7
Median 5Y
10.3
Industry
2.3
Forward
9.1
vs History
55
vs Industry
11
Median 3Y
19.4
Median 5Y
18.4
Industry
4.9
vs History
37
vs Industry
10
Median 3Y
29.9
Median 5Y
28.7
Industry
11.9
Forward
21.3
vs History
37
vs Industry
15
Median 3Y
29.9
Median 5Y
28.7
Industry
16.4
Forward
32.1
vs History
64
vs Industry
8
Median 3Y
59.2
Median 5Y
52.6
Industry
13.7
vs History
vs Industry
Median 3Y
-21.6
Median 5Y
-13.8
Industry
17.2
vs History
87
vs Industry
28
Median 3Y
7.7
Median 5Y
8.6
Industry
1.8

Multiples Across Competitors

Competitors Multiples
iRay Technology Co Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
iRay Technology Co Ltd
SSE:688301
17.2B CNY 9.4 30.5 32.5 32.5
US
Abbott Laboratories
NYSE:ABT
228B USD 5.4 17 22.8 33.3
US
Intuitive Surgical Inc
NASDAQ:ISRG
176.8B USD 20.9 75.1 58.7 71.1
US
Boston Scientific Corp
NYSE:BSX
147.9B USD 8.8 79.9 36.6 51.6
US
Stryker Corp
NYSE:SYK
142B USD 6.3 47.3 24.6 29.7
IE
Medtronic PLC
NYSE:MDT
113.6B USD 3.4 26.6 14.2 20.1
US
Becton Dickinson and Co
NYSE:BDX
65.6B USD 3.2 37.5 15.7 28.3
DE
Siemens Healthineers AG
XETRA:SHL
56.1B EUR 2.5 28.3 16.2 23.1
US
Edwards Lifesciences Corp
NYSE:EW
42.3B USD 7.8 10.1 23.8 26.3
CN
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
286.9B CNY 7.7 23.2 20.2 20.2
US
GE Healthcare Technologies Inc
NASDAQ:GEHC
36.4B USD 1.8 18.2 12.8 15.7