Double Medical Technology Inc
SZSE:002901

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Double Medical Technology Inc
SZSE:002901
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Price: 43.4 CNY 2.58% Market Closed
Market Cap: ¥18B

P/S

7.2
Current
12%
Cheaper
vs 3-y average of 8.2

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
7.2
=
Market Cap
¥19.9B
/
Revenue
¥2.5B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
7.2
=
Market Cap
¥19.9B
/
Revenue
¥2.5B

Valuation Scenarios

Double Medical Technology Inc is trading below its 3-year average

If P/S returns to its 3-Year Average (8.2), the stock would be worth ¥49.46 (14% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-62%
Maximum Upside
+19%
Average Downside
17%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 7.2 ¥43.4
0%
3-Year Average 8.2 ¥49.46
+14%
5-Year Average 8.6 ¥51.78
+19%
Industry Average 4.4 ¥26.38
-39%
Country Average 2.8 ¥16.57
-62%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥19.9B
/
Oct 2025
¥2.5B
=
7.2
Current
¥19.9B
/
Dec 2025
¥2.8B
=
7.2
Forward
¥19.9B
/
Dec 2026
¥3.2B
=
6.1
Forward
¥19.9B
/
Dec 2027
¥3.8B
=
5.3
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CN
Double Medical Technology Inc
SZSE:002901
18B CNY 7.2 33.2
US
Intuitive Surgical Inc
NASDAQ:ISRG
162.6B USD 16.1 56.9
US
Abbott Laboratories
NYSE:ABT
155.4B USD 3.4 24.8
US
Stryker Corp
NYSE:SYK
112.7B USD 4.5 34.7
IE
Medtronic PLC
NYSE:MDT
102.7B USD 2.9 22.3
US
Boston Scientific Corp
NYSE:BSX
83.8B USD 4.1 23.5
US
Edwards Lifesciences Corp
NYSE:EW
48.8B USD 7.7 44.5
DE
Siemens Healthineers AG
XETRA:SHL
39.3B EUR 1.7 18.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.2B USD 10.5 42.7
US
Becton Dickinson and Co
NYSE:BDX
42.5B USD 1.9 24.2
US
Resmed Inc
NYSE:RMD
29.9B USD 5.5 20.1

Market Distribution

Higher than 78% of companies in China
Percentile
78th
Based on 7 736 companies
78th percentile
7.2
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

Double Medical Technology Inc
Glance View

Market Cap
18B CNY
Industry
Health Care

Double Medical Technology Inc., founded in 2004, has carved a niche for itself as a powerhouse in the medical device sector, particularly focusing on orthopedic solutions. The company operates with an unwavering commitment to innovation, seeking to enhance patient outcomes through state-of-the-art medical technology. Headquartered in Xiamen, China, Double Medical has grown rapidly, leveraging its extensive research and development capabilities to stay ahead in the fast-paced world of medical science. Its diversified product portfolio includes spinal implants, trauma devices, and various orthopedic surgical tools, all crafted with precision to meet the evolving needs of medical professionals around the globe. Earning its revenue primarily from the sale of these products, Double Medical has deftly tapped into the growing demand for advanced healthcare solutions driven by an aging global population and increasing rates of orthopedic conditions. By adhering to international quality standards and obtaining necessary certifications, the company has successfully expanded its footprint beyond China, penetrating markets across Europe, Asia, and beyond. Through strategic partnerships, a robust supply chain, and a focus on customer satisfaction, Double Medical Technology Inc. continues to fortify its position as a leader in the medical device industry, capitalizing on both technological advancements and the ever-present demand for effective orthopedic medical solutions.

Intrinsic Value
50.42 CNY
Undervaluation 14%
Intrinsic Value
Price ¥43.4
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