Q

Qingdao NovelBeam Technology Co Ltd
SSE:688677

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Qingdao NovelBeam Technology Co Ltd
SSE:688677
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Price: 110 CNY -0.9% Market Closed
Market Cap: ¥13.2B

EV/GP

34.5
Current
118%
More Expensive
vs 3-y average of 15.9

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
34.5
=
Enterprise Value
¥7.9B
/
Gross Profit
¥367.9m

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
34.5
=
Enterprise Value
¥7.9B
/
Gross Profit
¥367.9m

Valuation Scenarios

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

If EV/GP returns to its 3-Year Average (15.9), the stock would be worth ¥50.51 (54% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-76%
Maximum Upside
No Upside Scenarios
Average Downside
60%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 34.5 ¥110
0%
3-Year Average 15.9 ¥50.51
-54%
5-Year Average 17.7 ¥56.49
-49%
Industry Average 8.4 ¥26.75
-76%
Country Average 13.6 ¥43.25
-61%

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
Market Cap EV/GP P/E
CN
Qingdao NovelBeam Technology Co Ltd
SSE:688677
13.2B CNY 34.5 75.6
US
Intuitive Surgical Inc
NASDAQ:ISRG
162.6B USD 23.6 56.9
US
Abbott Laboratories
NYSE:ABT
155.4B USD 6.1 24.8
US
Stryker Corp
NYSE:SYK
112.7B USD 7.6 34.7
IE
Medtronic PLC
NYSE:MDT
102.7B USD 5.3 22.3
US
Boston Scientific Corp
NYSE:BSX
83.8B USD 6.5 23.5
US
Edwards Lifesciences Corp
NYSE:EW
48.8B USD 9.2 44.5
DE
Siemens Healthineers AG
XETRA:SHL
39.3B EUR 5.2 18.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.2B USD 17.1 42.7
US
Becton Dickinson and Co
NYSE:BDX
42.5B USD 5.8 24.2
US
Resmed Inc
NYSE:RMD
29.9B USD 8.8 20.1

Market Distribution

Higher than 81% of companies in China
Percentile
81th
Based on 6 967 companies
81th percentile
34.5
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

Qingdao NovelBeam Technology Co Ltd
Glance View

Market Cap
13.2B 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 57%
Intrinsic Value
Price ¥110
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