iRay Technology Co Ltd
SSE:688301

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iRay Technology Co Ltd
SSE:688301
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Price: 123.63 CNY 0.86% Market Closed
Market Cap: 17.7B CNY

Relative Value

The Relative Value of one iRay Technology Co Ltd stock under the Base Case scenario is 82.63 CNY. Compared to the current market price of 123.63 CNY, iRay Technology Co Ltd is Overvalued by 33%.

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
82.63 CNY
Overvaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
65
vs Industry
15
Median 3Y
11.7
Median 5Y
11.6
Industry
2.2
Forward
7.6
vs History
24
vs Industry
21
Median 3Y
33.7
Median 5Y
33
Industry
21.9
Forward
23.3
vs History
72
vs Industry
9
Median 3Y
64.7
Median 5Y
59.4
Industry
13.5
vs History
vs Industry
Median 3Y
-63.3
Median 5Y
-33.7
Industry
19.3
vs History
65
vs Industry
25
Median 3Y
5
Median 5Y
4.6
Industry
2.1
vs History
48
vs Industry
13
Median 3Y
10.6
Median 5Y
10.3
Industry
2.3
Forward
8.2
vs History
29
vs Industry
11
Median 3Y
19.7
Median 5Y
19
Industry
4.8
vs History
8
vs Industry
10
Median 3Y
31.3
Median 5Y
29.4
Industry
11.5
Forward
18
vs History
8
vs Industry
15
Median 3Y
31.3
Median 5Y
29.4
Industry
15.6
Forward
27.3
vs History
70
vs Industry
8
Median 3Y
59.2
Median 5Y
51.8
Industry
13.3
vs History
vs Industry
Median 3Y
-23.3
Median 5Y
-17.9
Industry
17.3
vs History
79
vs Industry
28
Median 3Y
6.5
Median 5Y
8.3
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
17.7B CNY 9.7 37.7 38.9 38.9
US
Abbott Laboratories
NYSE:ABT
232.3B USD 5.5 17.2 22.3 32.1
US
Intuitive Surgical Inc
NASDAQ:ISRG
190.7B USD 21.9 77.1 61.5 74
US
Boston Scientific Corp
NYSE:BSX
154.3B USD 8.8 75.9 35.8 49.6
US
Stryker Corp
NYSE:SYK
146.5B USD 6.3 51 25.4 30.5
IE
Medtronic PLC
NYSE:MDT
106.4B USD 3.2 25 13.4 18.9
DE
Siemens Healthineers AG
XETRA:SHL
52.1B EUR 2.3 26.3 15.2 21.7
US
Becton Dickinson and Co
NYSE:BDX
47.8B USD 2.3 31.5 12.7 23.8
US
Edwards Lifesciences Corp
NYSE:EW
44.2B USD 8 10.6 24.2 26.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
39.1B USD 10 43.7 31 34.7
CN
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
269.7B CNY 7.6 24.2 21.1 21.1