Hefei Meyer Optoelectronic Technology Inc
SZSE:002690

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Hefei Meyer Optoelectronic Technology Inc
SZSE:002690
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Price: 15.92 CNY 0.76% Market Closed
Market Cap: 14B CNY

Relative Value

The Relative Value of one Hefei Meyer Optoelectronic Technology Inc stock under the Base Case scenario is 18.67 CNY. Compared to the current market price of 15.92 CNY, Hefei Meyer Optoelectronic Technology Inc is Undervalued by 15%.

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
18.67 CNY
Undervaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
87
vs Industry
10
Median 3Y
8.1
Median 5Y
10.9
Industry
1.6
Forward
5.9
vs History
85
vs Industry
37
Median 3Y
27.6
Median 5Y
31.6
Industry
20.5
Forward
21.3
vs History
90
vs Industry
23
Median 3Y
31.3
Median 5Y
42.4
Industry
15
vs History
90
vs Industry
25
Median 3Y
36.8
Median 5Y
54
Industry
21.2
vs History
88
vs Industry
11
Median 3Y
6.7
Median 5Y
8.2
Industry
1.9
vs History
88
vs Industry
11
Median 3Y
7
Median 5Y
10
Industry
1.7
Forward
5.3
vs History
88
vs Industry
24
Median 3Y
14.1
Median 5Y
18.9
Industry
6.2
vs History
87
vs Industry
27
Median 3Y
22.4
Median 5Y
28.9
Industry
12.1
Forward
17.9
vs History
87
vs Industry
34
Median 3Y
22.4
Median 5Y
28.9
Industry
15.8
Forward
19.5
vs History
90
vs Industry
27
Median 3Y
26.9
Median 5Y
40.4
Industry
15.1
vs History
90
vs Industry
25
Median 3Y
33.6
Median 5Y
51.7
Industry
18.6
vs History
82
vs Industry
4
Median 3Y
11.7
Median 5Y
13.3
Industry
1.4

Multiples Across Competitors

Competitors Multiples
Hefei Meyer Optoelectronic Technology Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Hefei Meyer Optoelectronic Technology Inc
SZSE:002690
14B CNY 6 22.2 19 19
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.8 363 670.8 171 820.3 210 169.2
SE
Atlas Copco AB
STO:ATCO A
863.8B SEK 4.9 29 18.7 23.1
US
Parker-Hannifin Corp
NYSE:PH
78.3B USD 3.9 24.8 17.1 20.9
US
Illinois Tool Works Inc
NYSE:ITW
74.8B USD 4.7 21.4 17.3 19
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
8.6T JPY 1.7 33.5 16.6 24.3
US
Otis Worldwide Corp
NYSE:OTIS
40B USD 2.8 24.3 20 21.8
CH
Schindler Holding AG
SIX:SCHP
30.9B CHF 2.7 50.6 22.6 31.4
US
Ingersoll Rand Inc
NYSE:IR
33B USD 4.6 39.3 18.7 24.9
FI
Kone Oyj
OMXH:KNEBV
27.7B EUR 2.5 29.1 16.7 20.4
US
Xylem Inc
NYSE:XYL
29.8B USD 3.5 33.5 18.8 28.7