Stock 688362 FOREHOPE ELECTRONIC (NINGBO) CO., LTD.
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Ratings Forehope Electronic (Ningbo) Co., Ltd.

Equities

688362

CNE100005V33

End-of-day quote Shanghai S.E.
Other stock markets
 06:00:00 2024-06-02 pm EDT 		5-day change 1st Jan Change
20.58 CNY +2.29% Intraday chart for Forehope Electronic (Ningbo) Co., Ltd. +0.98% -21.42%
Apr. 18 Forehope Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Apr. 02 Tranche Update on Forehope Electronic Co., Ltd.'s Equity Buyback Plan announced on February 23, 2024. CI

Summary

  • From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

  • The prospective high growth for the next fiscal years is among the main assets of the company
  • The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
  • Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

  • With a 2024 P/E ratio at 31.12 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
  • In relation to the value of its tangible assets, the company's valuation appears relatively high.
  • The company is not the most generous with respect to shareholders' compensation.
  • The group usually releases earnings worse than estimated.

Ratings chart - Surperformance

Sector: Semiconductors

1st Jan change Capi. Investor Rating ESG Refinitiv
FOREHOPE ELECTRONIC (NINGBO) CO., LTD. Stock Forehope Electronic (Ningbo) Co., Ltd.
-21.42% 1.16B -
NVIDIA CORPORATION Stock NVIDIA Corporation
+131.04% 2,826B
B-
TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY) Stock TSMC (Taiwan Semiconductor Manufacturing Company)
+41.48% 678B
A-
BROADCOM INC. Stock Broadcom Inc.
+17.66% 613B
C
AMD (ADVANCED MICRO DEVICES) Stock AMD (Advanced Micro Devices)
+8.95% 264B
B-
QUALCOMM, INC. Stock Qualcomm, Inc.
+39.91% 230B
B-
TEXAS INSTRUMENTS INCORPORATED Stock Texas Instruments Incorporated
+13.04% 176B
A-
MICRON TECHNOLOGY, INC. Stock Micron Technology, Inc.
+47.54% 142B
B+
ARM HOLDINGS PLC Stock Arm Holdings plc
+65.93% 132B - -
INTEL CORPORATION Stock Intel Corporation
-40.03% 129B
C+
Investor Rating
Trading Rating
ESG Refinitiv
-

Financials

Sales growth
Earnings Growth
-
EBITDA / Sales
Profitability
Finances
-

Valuation

P/E ratio
EV / Sales
-
Price to Book
Price to Free Cash Flow
-
Yield

Momentum

1 year Revenue revision
4 months Revenue revision
7 days Revenue revision
1 year EPS revision
4 months EPS revision

Consensus

Analyst Opinion
Potential Price Target
4m Target Price Revision
4m Revision of opinion
-
12m Revision of opinion

Business Predictability

Analyst Coverage
Divergence of Estimates
Divergence of analysts' opinions
Divergence of Target Price
-
Earnings quality

Technical analysis

ST Timing
MT Timing
LT Timing
RSI
Bollinger Spread
Unusual volumes
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