ShareValue scores for 0537.HK: Valuation 41, Quality 66, Growth 54, Health 65.
0537.HKHKEX
Rigol Technologies Co., Ltd.
HK$16.82
(+0.90%)
Updated
0537.HKHKEX
Rigol Technologies Co., Ltd.
Updated
Pulse
Pulse
Fundamental Rating
Value Trap Risk
If P/E met sector median
Rating
Trap Risk
P/E to median
vs Hong Kong-listed Technology stocks
Company Details
Rigol Technologies Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, and sale of electronic testing and measuring instruments and accessories in China and internationally. The company offers digital oscilloscopes, function/arbitrary waveform generators, RF signal generators, DC power supplies, programmable DC electronic loads, digital multimeters, data acquisition and switch systems, spectrum analyzers, modular instruments, and probes. It also provides communication test solutions, including wireless communication and USB, ethernet, and MIPI D-PHY physical layer compliance tests; automotive electronics test solutions, such as smart cockpit, ADAS, and powertrain; and power electronics test solutions comprising power semiconductor dynamic performance testing and power supply design and testing. In addition, the company offers warranty extension, maintenance plan, license activation, factory calibration and certification, and calibration and repair services; and sale of computer software and hardware and peripheral equipment. It serves automotive electronics, new energy, semiconductors, education and scientific research, and general electronics industries. The company was founded in 1998 and is headquartered in Suzhou, China.
Score Analysis
AI Investment Thesis
Rigol Technologies Co., Ltd. is fairly valued: its P/E of 25.8 is higher than 69% of Hong Kong-listed Technology peers and EV/EBITDA of 24.1 higher than 74%, though P/B of 0.94 is lower than 59%.
Quality is the weak pillar: ROE of 2.89% trails the 3.8% sector average and nine-month net margin is thin, with first-nine-month ROE just 1.72% despite 43.45% profit growth.
The 28 October third-quarter report showed revenue up 27.50% to RMB762m and net profit up 43.45%, but third-quarter net profit fell 13.35% year on year.