Chinasoft International Limited (HKG:354), is not the largest company out there, but it saw a decent share price growth in the teens level on the SEHK over the last few months. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. But what if there is still an opportunity to buy? Let's examine Chinasoft International's valuation and outlook in more detail to determine if there's still a bargain opportunity.
See our latest analysis for Chinasoft International
What Is Chinasoft International Worth?
The share price seems sensible at the moment according to my price multiple model, where I compare the company's price-to-earnings ratio to the industry average. I've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 12.34x is currently trading slightly above its industry peers' ratio of 11.09x, which means if you buy Chinasoft International today, you'd be paying a relatively sensible price for it. And if you believe that Chinasoft International should be trading at this level in the long run, then there should only be a fairly immaterial downside vs other industry peers. Furthermore, it seems like Chinasoft International's share price is quite stable, which means there may be less chances to buy low in the future now that it's priced similarly to industry peers. This is because the stock is less volatile than the wider market given its low beta.
What kind of growth will Chinasoft International generate?
SEHK:354 Earnings and Revenue Growth October 26th 2022
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Chinasoft International's earnings over the next few years are expected to increase by 71%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
What This Means For You
Are you a shareholder? It seems like the market has already priced in 354's positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at 354? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio?
Are you a potential investor? If you've been keeping tabs on 354, now may not be the most optimal time to buy, given it is trading around industry price multiples. However, the positive outlook is encouraging for 354, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
Since timing is quite important when it comes to individual stock picking, it's worth taking a look at what those latest analysts forecasts are. At Simply Wall St, we have the analysts estimates which you can view by clicking here.
If you are no longer interested in Chinasoft International, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
中軟國際有限公司(HKG:354)並不是最大的上市公司,但在過去的幾個月裏,該公司在聯交所的股價在十幾歲的水平上實現了可觀的增長。作為一隻分析師覆蓋率很高的中型股,你可以假設該公司最近前景的任何變化都已經計入了股價。但如果仍有買入機會怎麼辦?讓我們更詳細地審視中軟國際的估值和前景,以確定是否仍有逢低買入的機會。
查看我們對中軟國際的最新分析
中軟國際的價值是多少?
根據我的市盈率模型,該公司的市盈率與行業平均水平進行了比較,目前股價似乎是合理的。我之所以在這種情況下使用市盈率,是因為沒有足夠的可見性來預測其現金流。該股目前的市盈率為12.34倍,略高於行業同行的11.09倍,這意味着如果你今天買入中軟國際,你將支付一個相對合理的價格。如果你認為,從長遠來看,中軟國際的股價應該在這個水平上,那麼相對於其他行業同行,應該只會有相當微不足道的下行空間。此外,中軟國際的股價似乎相當穩定,這意味着由於其定價與業內同行相似,未來可能不會有太多機會逢低買入。這是因為,鑑於其貝塔係數較低,該股的波動性低於大盤。
中軟國際將帶來怎樣的增長?
聯交所:2022年10月26日盈利及收入增長354
尋求投資組合增長的投資者可能希望在購買一家公司的股票之前考慮其前景。儘管價值投資者會爭辯説,相對於價格的內在價值才是最重要的,但一個更有説服力的投資命題是以低廉的價格實現高增長潛力。中軟國際未來幾年的收益預計將增長71%,預示着未來的高度樂觀。這應該會帶來更強勁的現金流,從而帶來更高的股價。
這對你意味着什麼
你是股東嗎?市場似乎已經消化了354的積極前景,其股價在行業市盈率附近。然而,還有其他重要的因素我們今天沒有考慮,比如它的管理團隊的記錄。自上次你看354點以來,這些因素髮生了變化嗎?如果股價跌破行業市盈率,你會有足夠的信心投資該公司嗎?
你是潛在的投資者嗎?如果你一直在關注354,現在可能不是買入的最佳時機,因為它的交易價格在行業市盈率附近。然而,積極的前景對354來説是令人鼓舞的,這意味着它值得更深入地研究其他因素,如其資產負債表的實力,以利用下一次價格下跌。
由於在挑選個股時,時機相當重要,因此值得看看分析師們的最新預測。在Simply Wall St.,我們有分析師的估計,你可以點擊這裏查看。
如果你對中軟國際不再感興趣,你可以使用我們的免費平臺查看我們的50多隻其他具有高增長潛力的股票。
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。