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Shenzhen Megmeet Electrical Co Ltd
SZSE:002851

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Shenzhen Megmeet Electrical Co Ltd
SZSE:002851
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Price: 115.61 CNY 10% Market Closed
Market Cap: ¥63.6B

P/B

10.1
Current
162%
More Expensive
vs 3-y average of 3.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
10.1
=
Market Cap
¥63.9B
/
Total Equity
¥6.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
10.1
=
Market Cap
¥63.9B
/
Total Equity
¥6.3B

Valuation Scenarios

Shenzhen Megmeet Electrical Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (3.9), the stock would be worth ¥44.18 (62% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-76%
Maximum Upside
No Upside Scenarios
Average Downside
65%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 10.1 ¥115.61
0%
3-Year Average 3.9 ¥44.18
-62%
5-Year Average 4.3 ¥49.17
-57%
Industry Average 3.7 ¥42.09
-64%
Country Average 2.4 ¥28.02
-76%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Shenzhen Megmeet Electrical Co Ltd
SZSE:002851
63.3B CNY 10.1 266.5
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 6.1 26
FR
Schneider Electric SE
PAR:SU
151B EUR 6.2 36.3
CH
Abb Ltd
SIX:ABBN
139.2B CHF 12.3 36.7
IE
Eaton Corporation PLC
NYSE:ETN
159.3B USD 8.6 40.9
US
Vertiv Holdings Co
NYSE:VRT
117.6B USD 29.6 80.5
US
Emerson Electric Co
NYSE:EMR
76.7B USD 3.9 33.9
KR
LG Energy Solution Ltd
KRX:373220
110.7T KRW 5.3 -100
JP
Fujikura Ltd
TSE:5803
9.9T JPY 19.5 68.7
US
AMETEK Inc
NYSE:AME
52.2B USD 5 36.1
FR
Legrand SA
PAR:LR
39.7B EUR 5.4 31.9

Market Distribution

Higher than 92% of companies in China
Percentile
92nd
Based on 7 605 companies
92nd percentile
10.1
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Shenzhen Megmeet Electrical Co Ltd
Glance View

Market Cap
63.6B CNY
Industry
Electrical Equipment

Nestled within the bustling economic hub of Shenzhen, Megmeet Electrical Co., Ltd. has carved a niche for itself in the realm of power electronics technology. The company, established in 2003, navigates the intricate web of modern electronics with an adeptness that rivals its global counterparts. Specializing in power electronics and industrial automation, Megmeet operates with a multifaceted approach that incorporates research, design, manufacturing, and sales. Central to its business model is the creation of cutting-edge power supply units and customized power solutions, which serve a wide array of industries, including telecommunications, healthcare, and renewable energy. Through a seamless integration of technological innovation and agile manufacturing, Megmeet caters to the diverse needs of its clients, ensuring a steady stream of revenue through the provision of customizable and reliable electronic solutions. The financial lifeblood of Megmeet flows from its robust product portfolio, which not only addresses existing market needs but also anticipates future demands. By investing heavily in research and development, the company stays at the forefront of technological advancements, continually refining its products. This focus on innovation is complemented by strategic partnerships and a strong distribution network, which amplify its reach across global markets. The company's success is anchored in its ability to offer comprehensive, energy-efficient products that are increasingly vital in a world driven by digitalization and sustainability concerns. As industries transition to cleaner, smarter technologies, Megmeet's diversified product range and commitment to excellence position it as a vital player in powering the world of tomorrow.

Intrinsic Value
48.41 CNY
Overvaluation 58%
Intrinsic Value
Price ¥115.61
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