BAIC BluePark New Energy Technology Co.,Ltd. (SHSE:600733) shareholders have had their patience rewarded with a 27% share price jump in the last month. Taking a wider view, although not as strong as the last month, the full year gain of 25% is also fairly reasonable.
After such a large jump in price, given close to half the companies operating in China's Auto industry have price-to-sales ratios (or "P/S") below 1.9x, you may consider BAIC BluePark New Energy TechnologyLtd as a stock to potentially avoid with its 3.2x P/S ratio. However, the P/S might be high for a reason and it requires further investigation to determine if it's justified.
What Does BAIC BluePark New Energy TechnologyLtd's Recent Performance Look Like?
With revenue growth that's superior to most other companies of late, BAIC BluePark New Energy TechnologyLtd has been doing relatively well. It seems that many are expecting the strong revenue performance to persist, which has raised the P/S. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.
Keen to find out how analysts think BAIC BluePark New Energy TechnologyLtd's future stacks up against the industry? In that case, our free report is a great place to start.
Is There Enough Revenue Growth Forecasted For BAIC BluePark New Energy TechnologyLtd?
In order to justify its P/S ratio, BAIC BluePark New Energy TechnologyLtd would need to produce impressive growth in excess of the industry.
Taking a look back first, we see that the company grew revenue by an impressive 58% last year. The strong recent performance means it was also able to grow revenue by 37% in total over the last three years. Therefore, it's fair to say the revenue growth recently has been superb for the company.
Turning to the outlook, the next three years should generate growth of 49% each year as estimated by the three analysts watching the company. Meanwhile, the rest of the industry is forecast to only expand by 43% per year, which is noticeably less attractive.
With this information, we can see why BAIC BluePark New Energy TechnologyLtd is trading at such a high P/S compared to the industry. Apparently shareholders aren't keen to offload something that is potentially eyeing a more prosperous future.
What Does BAIC BluePark New Energy TechnologyLtd's P/S Mean For Investors?
BAIC BluePark New Energy TechnologyLtd shares have taken a big step in a northerly direction, but its P/S is elevated as a result. It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.
As we suspected, our examination of BAIC BluePark New Energy TechnologyLtd's analyst forecasts revealed that its superior revenue outlook is contributing to its high P/S. It appears that shareholders are confident in the company's future revenues, which is propping up the P/S. Unless the analysts have really missed the mark, these strong revenue forecasts should keep the share price buoyant.
And what about other risks? Every company has them, and we've spotted 3 warning signs for BAIC BluePark New Energy TechnologyLtd (of which 1 is significant!) you should know about.
If these risks are making you reconsider your opinion on BAIC BluePark New Energy TechnologyLtd, explore our interactive list of high quality stocks to get an idea of what else is out there.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
BAIC BluePark New Energy Technology Co.、Ltd. (SHSE:600733)の株主は、過去1か月間に27%の株価上昇を果たし、忍耐が報われました。より広い見方をすると、最後の1か月ほど強くはないものの、25%の全年利益もかなり合理的です。
このような大幅な株価上昇後、中国自動車業界の半数近くの企業の株価売上高比(または「P / S」)が1.9倍未満であることを考慮すると、3.2倍のP / S比率を持つ株式会社BAIC BluePark New Energy TechnologyLtdを回避する可能性のある株式として考えることができます。ただし、P / Sが高い場合は理由があるかもしれず、正当化されるかどうかを判断するためにさらなる調査が必要です。
BAIC BluePark New Energy TechnologyLtdの最近の成績はどのように見えますか?
BAIC BluePark New Energy TechnologyLtdは、最近の他の多くの企業よりも優れた収益成長を記録しています。多くの人々が強い収益性能が継続することを期待しているようです。これにより、P / Sが上昇しました。そうでなければ、特に理由がないのに相当高い価格を支払うことになります。
アナリストがBAIC BluePark New Energy TechnologyLtdの未来についてどのように考えているかを知りたいですか?その場合は、私たちの無料レポートがお勧めです。
BAIC BluePark New Energy TechnologyLtdの収益成長は十分ですか?
P / S比率を正当化するために、BAIC BluePark New Energy TechnologyLtdは業界を上回る印象的な成長を実現する必要があります。
これらの情報により、BAIC BluePark New Energy TechnologyLtdが業界と比較して高いP / Sで取引されている理由がわかります。投資家は、より繁栄的な未来を見据えているものと思われます。
BAIC BluePark New Energy TechnologyLtdのP / S比は投資家にとってどういう意味があるのでしょうか?
BAIC BluePark New Energy TechnologyLtdの株式は大きく北に向かって進んでいますが、そのP / Sは高めです。価格対売上高比率は、特定の業界内では評価基準が劣ると主張されていますが、それは強力なビジネスセンチメント指標になる可能性があります。
予想どおり、BAIC BluePark New Energy TechnologyLtdのアナリストの予測調査を調べると、収益見通しが優れていることが高いP / Sに貢献していることがわかりました。株主は、同社の将来の収益に自信を持っているようで、P / Sを支えています。アナリストが実際に見落としている場合を除き、これらの強力な収益予測は株価を浮揚させ続けるはずです。
その他のリスクはどうですか?すべての企業にはありますが、我々はBAIC BluePark New Energy TechnologyLtdの3つの警告サインを見つけました(内訳は1つが重大です!)。
これらのリスクがBAIC BluePark New Energy TechnologyLtdについてのあなたの意見を再考させる場合は、私たちの高品質株式のインタラクティブリストを探索して、その他に何があるかをご確認ください。