Ratings Forehope Electronic (Ningbo) Co., Ltd.

Equities

688362

CNE100005V33

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-05-20 pm EDT			5-day change	1st Jan Change
20.21 ^CNY	-0.74%		-0.20%	-22.83%

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 configuration.

Strengths

According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past twelve months, analysts' opinions have been strongly revised upwards.

Weaknesses

The company benefits from high valuations in earnings multiples.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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.	-22.83%	1.15B		-
NVIDIA CORPORATION	+92.61%	2,331B		B-
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED	+41.82%	671B		A-
BROADCOM INC.	+25.35%	655B		C
AMD (ADVANCED MICRO DEVICES)	+11.70%	269B		B-
QUALCOMM, INC.	+38.87%	221B		B-
TEXAS INSTRUMENTS INCORPORATED	+16.75%	181B		A-
MICRON TECHNOLOGY, INC.	+49.40%	143B		B+
INTEL CORPORATION	-36.84%	137B		C+
ARM HOLDINGS PLC	+52.73%	115B	-	-

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