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Assure Tech Hangzhou Co Ltd
SSE:688075

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Assure Tech Hangzhou Co Ltd
SSE:688075
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Price: 37.42 CNY -0.43% Market Closed
Market Cap: ¥4.8B

EV/GP

33.9
Current
154%
More Expensive
vs 3-y average of 13.3

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
33.9
=
Enterprise Value
¥5B
/
Gross Profit
¥140.3m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
33.9
=
Enterprise Value
¥5B
/
Gross Profit
¥140.3m

Valuation Scenarios

Assure Tech Hangzhou Co Ltd is trading above its 3-year average

If EV/GP returns to its 3-Year Average (13.3), the stock would be worth ¥14.71 (61% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-75%
Maximum Upside
No Upside Scenarios
Average Downside
66%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 33.9 ¥37.42
0%
3-Year Average 13.3 ¥14.71
-61%
5-Year Average 10.9 ¥12.02
-68%
Industry Average 8.4 ¥9.27
-75%
Country Average 13.6 ¥14.99
-60%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
CN
A
Assure Tech Hangzhou Co Ltd
SSE:688075
Average P/E: 30.4
39.3
N/A N/A
JP
Hoya Corp
TSE:7741
37.6
15%
2.5
US
M
Medline Inc
NASDAQ:MDLN
Not Available
30%
N/A
CH
Alcon AG
SIX:ALC
36.3
32%
1.1
DK
Coloplast A/S
CSE:COLO B
22.8
21%
1.1
US
Align Technology Inc
NASDAQ:ALGN
30.8
34%
0.9
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -15.8 N/A N/A
UK
ConvaTec Group PLC
LSE:CTEC
31.1
41%
0.8
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23
9%
2.6
CN
Intco Medical Technology Co Ltd
SZSE:300677
21.9
12%
1.8
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -36.5 N/A N/A

Market Distribution

Higher than 80% of companies in China
Percentile
80th
Based on 6 967 companies
80th percentile
33.9
Low
0 — 8
Typical Range
8 — 23.3
High
23.3 —
Distribution Statistics
China
Min 0
30th Percentile 8
Median 13.6
70th Percentile 23.3
Max 17 898 541.1

Assure Tech Hangzhou Co Ltd
Glance View

Market Cap
4.8B CNY
Industry
Health Care

Assure Tech (Hangzhou) Co., Ltd. engages in the research, development, production, and sale of point-of-care testing (POCT) reagents and instruments. The company is headquartered in Hangzhou, Zhejiang and currently employs 603 full-time employees. The company went IPO on 2021-11-18. The firm's products include antigen and antibody raw materials, immunochromatographic reagents and testing equipment, and dry biochemical reagents and testing equipment. The firm's POCT products cover eight areas of drug testing, infectious disease testing, chronic disease testing, pregnancy testing, tumor testing, myocardial testing, biochemical testing, and allergen testing. The firm's products are sold to the United States, Germany, Britain, Canada and other countries.

Intrinsic Value
62.75 CNY
Undervaluation 40%
Intrinsic Value
Price ¥37.42
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