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Qingdao NovelBeam Technology Co Ltd
SSE:688677

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Qingdao NovelBeam Technology Co Ltd
SSE:688677
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Price: 100.52 CNY 4.17% Market Closed
Market Cap: ¥12.1B

P/OCF

83.5
Current
107%
More Expensive
vs 3-y average of 40.3

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
83.5
=
Market Cap
¥8.3B
/
Operating Cash Flow
¥144.3m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
83.5
=
Market Cap
¥8.3B
/
Operating Cash Flow
¥144.3m

Valuation Scenarios

Qingdao NovelBeam Technology Co Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (40.3), the stock would be worth ¥48.5 (52% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-78%
Maximum Upside
No Upside Scenarios
Average Downside
64%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 83.5 ¥100.52
0%
3-Year Average 40.3 ¥48.5
-52%
5-Year Average 40.7 ¥48.96
-51%
Industry Average 19.5 ¥23.48
-77%
Country Average 18.3 ¥21.98
-78%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
CN
Qingdao NovelBeam Technology Co Ltd
SSE:688677
12.1B CNY 83.5 69.1
US
Intuitive Surgical Inc
NASDAQ:ISRG
171.2B USD 56.5 60
US
Abbott Laboratories
NYSE:ABT
158.3B USD 16.5 25.2
US
Stryker Corp
NYSE:SYK
125.3B USD 24.8 38.6
IE
Medtronic PLC
NYSE:MDT
106.9B USD 14.7 23.2
US
Boston Scientific Corp
NYSE:BSX
92B USD 20.3 31.8
DE
Siemens Healthineers AG
XETRA:SHL
40B EUR 13.2 18.9
US
Edwards Lifesciences Corp
NYSE:EW
48.9B USD 30.6 45.5
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.1B USD 38.2 42.6
US
Becton Dickinson and Co
NYSE:BDX
43.3B USD 12.8 24.7
US
Resmed Inc
NYSE:RMD
32B USD 16.7 21.6

Market Distribution

Higher than 86% of companies in China
Percentile
86th
Based on 6 232 companies
86th percentile
83.5
Low
0.2 — 9.8
Typical Range
9.8 — 36.5
High
36.5 —
Distribution Statistics
China
Min 0.2
30th Percentile 9.8
Median 18.3
70th Percentile 36.5
Max 266 666.7

Qingdao NovelBeam Technology Co Ltd
Glance View

Market Cap
12.1B CNY
Industry
Health Care

Qingdao NovelBeam Technology Co., Ltd. engages in the research and development of optics technology, the manufacture of optical instruments, and the provision of design solutions for medical, life science, laser, and micro-display projection applications. The company is headquartered in Qingdao, Shandong and currently employs 854 full-time employees. The company went IPO on 2021-02-26. Its main products of medical endoscope equipment include fluorescent endoscopes, fluorescent camera adapters/adaptive lenses, fluorescent light source modules and white light source modules. Its medical endoscopic equipment products are mainly used in abdominal endoscopic surgery such as liver and gallbladder and gastrointestinal surgery. Its optical products mainly include medical optical products, industrial and laser optical products, and biometric products. Among them, the biometric products include fingerprint devices, palmprint devices and related accessories. In addition, the Company also provides technical services and house leasing services. The firm distributes its products both in the domestic market and to overseas markets.

Intrinsic Value
47.77 CNY
Overvaluation 52%
Intrinsic Value
Price ¥100.52
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