Pangang Group Vanadium Titanium & Resources Co Ltd (000629) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Pangang Group Vanadium Titanium & Resources Co Ltd stock ¥0.76, price ¥2.75, that is 72.4% below the price, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range ¥2.19 – ¥7.48 · fair‑value band ¥0.6400 – ¥0.8800 · the ¥2.75 price screens above the ¥0.7600 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Pangang Group Vanadium & Titanium Resources Co., Ltd. engages in the technology research and development, production, sales, and application development of sail products, titanium dioxide and titanium slag in China and internationally.
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The company operates through four segments: Titanium, Machinery, Electricity, and Others. It provides sail oxide, sail iron, sail nitrogen alloy, sail aluminum alloy, sail electrolyte, titanium dioxide, titanium slag, and others. The company also engages in the electricity business.
Its products are used in steel, nonferrous metallurgy, chemical industry, energy, coatings, inks, papermaking, plastics, rubber, and solvent-based sunscreen cosmetics fields.
The company was formerly known as Pangang Group Steel Vanadium & Titanium Co.,Ltd. Pangang Group Vanadium & Titanium Resources Co., Ltd. was founded in 1993 and is based in Panzhihua, China.
Stock analysis
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) currently trades at ¥2.75, while our model-based Fair Value estimate is ¥0.7600, 72% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ¥0.3800 per share, and 0 of the 13 models we run sit above the ¥2.75 price.
Bear case: the Earnings-Based group reads lowest at ¥0.2500, and 13 of the 13 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥0.6400 (bear) to ¥0.8800 (bull), the price of ¥2.75 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Pangang Group Vanadium Titanium & Resources Co Ltd reported revenue of 8.9B CNY in FY2025 versus 14.1B CNY in FY2021, a compound −10.8%/yr. Reported net income was −93.3M CNY in FY2025.
Key figures
Market cap 25.6B CNY (≈ $3.8B) Mid · P/E ratio 91.7 · P/S ratio 2.61 · EPS (TTM) ¥0.0300 · Dividend yield 0.0% · Net margin 3.3% · Return on equity 2.7% · Return on assets (EBIT) 8.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (medium confidence).
What moves the price
The share trades about 36% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −8% fair-value upside, at −72%, 000629 screens richer than that median.
Fair Value models
Bear¥0.6400Fair Value ¥0.7600Bull¥0.8800
Price ¥2.75 · Downside -72.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.0257 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF¥0.3200¥0.3800¥0.490082
Growth DCF¥0.3300¥0.3800¥0.480080
5Y EBITDA Exit¥0.4400¥0.6000¥0.830076
All 13 models by family
DCF Models
FCF DCF¥0.3200¥0.3800¥0.490082
5Y Revenue Exit¥0.2900¥0.3600¥0.460074
5Y EBITDA Exit¥0.4400¥0.6000¥0.830076
10Y Revenue Exit¥0.3000¥0.3600¥0.420068
10Y EBITDA Exit¥0.3900¥0.5100¥0.650070
Earnings-Based
EPV¥0.2300¥0.2500¥0.260074
Multiples
EV/EBIT¥0.3200¥0.3800¥0.440066
EV/EBITDA¥0.5900¥0.7500¥0.900067
EV/Revenue¥0.2900¥0.3600¥0.430054
Asset-Based
NCAV (Graham)¥0.2500¥0.3800¥0.480054
Growth DCF
Growth DCF¥0.3300¥0.3800¥0.480080
Rev-Margin DCF¥0.2900¥0.3600¥0.450074
Economic Profit
ROIC Compounder¥0.2300¥0.2500¥0.260072
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.32/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−32.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−16.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.3%
Start year 2020 (pandemic). Over 10 years: −2.5% a year
Revenue growth 32 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.2%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
5.5% (2020) → 1.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+43.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +41.2% a year for the price.
Compare Pangang Group Vanadium Titanium & Resources Co Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Other Industrial Metals & Mining · 372 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score46 · Above median
Fair Value upside−72.4% · Bottom 25%
Profitability
Return on equity (12 months)2.7% · Above median
Return on assets−0.6% · Above median
Net margin (12 months)3.3% · Below median
Operating margin (12 months)3.3% · Below median
Growth and dividend
Revenue growth (quarter YoY)7.2% · Below median
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Pangang Group Vanadium Titanium & Resources Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/000629
Frequently asked questions
Is Pangang Group Vanadium Titanium & Resources Co Ltd (000629) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of ¥0.7600 versus a price of ¥2.75, about 72% lower (overvalued).
What is the fair value of 000629?
Our model-based fair value for Pangang Group Vanadium Titanium & Resources Co Ltd is ¥0.7600 (as of Nov 5, 2026), built from audited fundamentals. The current price: ¥2.75.
What is the quality score of 000629?
Pangang Group Vanadium Titanium & Resources Co Ltd has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
Our model-based price target is the fair value of ¥0.7600 (as of Nov 5, 2026) from 13 valuation models. Cautious scenario ¥0.6400, optimistic scenario ¥0.8800. It is a calculation from audited fundamentals, not an analyst target.
What is the Pangang Group Vanadium Titanium & Resources Co Ltd stock forecast for 2026?
Our models put fair value at ¥0.7600, about 72% lower versus a price of ¥2.75 (overvalued). Cautious scenario ¥0.6400, optimistic scenario ¥0.8800. The calculation is refreshed regularly with new filings.
What is the revenue of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
Pangang Group Vanadium Titanium & Resources Co Ltd reported trailing-twelve-month revenue of about 9.8B CNY (latest available figure, as of Nov 5, 2026).
Does Pangang Group Vanadium Titanium & Resources Co Ltd pay a dividend?
Pangang Group Vanadium Titanium & Resources Co Ltd currently shows a dividend yield of 0.02% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
Pangang Group Vanadium Titanium & Resources Co Ltd has a dividend yield of 0.0%.
What growth is priced into Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
For today's price to be fair in a discounted-cash-flow model, Pangang Group Vanadium Titanium & Resources Co Ltd would have to grow free cash flow by +43.6 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -3.3 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 000629 use?
Our models discount Pangang Group Vanadium Titanium & Resources Co Ltd at 10.3 %: a base by market capitalisation (mid), damped by beta 0.94, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Pangang Group Vanadium Titanium & Resources Co Ltd that is +43.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Pangang Group Vanadium Titanium & Resources Co Ltd (000629) delivered so far?
Over the past 5 years revenue at Pangang Group Vanadium Titanium & Resources Co Ltd grew -3.3 % a year. The price currently implies free-cash-flow growth of +43.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Pangang Group Vanadium Titanium & Resources Co Ltd (000629) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Pangang Group Vanadium Titanium & Resources Co Ltd (+43.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
The free-cash-flow yield on the price is 0.81 %: that much free cash flow Pangang Group Vanadium Titanium & Resources Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pangang Group Vanadium Titanium & Resources Co Ltd it is ¥0.7600 per share (as of Nov 5, 2026), against a price of ¥2.75. It is the blended result of 13 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Pangang Group Vanadium Titanium & Resources Co Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 000629 trades above its calculated fair value: price ¥2.75, fair value ¥0.7600, a gap of about −72% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 000629?
No. The price is what the market pays today (¥2.75); the fair value is what the company's own numbers justify (¥0.7600). For Pangang Group Vanadium Titanium & Resources Co Ltd the two are ¥1.99 per share apart. That gap is exactly why we show both numbers side by side.
How much is Pangang Group Vanadium Titanium & Resources Co Ltd worth?
The market values Pangang Group Vanadium Titanium & Resources Co Ltd at about 25.6B CNY (market capitalisation, as of Nov 5, 2026). Per share that is ¥2.75; our models calculate a fair value of ¥0.7600 per share.
What do the bullish and bearish scenarios say about 000629?
Our models span a range for Pangang Group Vanadium Titanium & Resources Co Ltd: cautious scenario ¥0.6400, base ¥0.7600, optimistic ¥0.8800 per share (as of Nov 5, 2026, price ¥2.75). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 000629?
Pangang Group Vanadium Titanium & Resources Co Ltd trades at a price-to-earnings ratio of 91.7 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥0.7600 is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2024), reported earnings: 29.0. Other multiples: P/B 2.1, P/S 2.6, EV/EBITDA 41.3.
How solid is the balance sheet of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
Balance-sheet figures for Pangang Group Vanadium Titanium & Resources Co Ltd (as of Nov 5, 2026): return on equity 2.7%, debt of 0.01 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is 000629 from its 52-week high?
Pangang Group Vanadium Titanium & Resources Co Ltd trades at ¥2.75, about 36% below its 52-week high of ¥4.33 and 6% above the low of ¥2.59 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥0.7600 is for.
Which stocks are comparable to Pangang Group Vanadium Titanium & Resources Co Ltd?
From the same area (Basic Materials) we also value BHP Group, Saudi Arabian Mining Company, CMOC Group, Hindustan Zinc Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Pangang Group Vanadium Titanium & Resources Co Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price ¥2.75, calculated fair value ¥0.7600 (−72%), Quality Score 46/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 000629 calculated?
We run Pangang Group Vanadium Titanium & Resources Co Ltd through 13 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of ¥0.7600 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Pangang Group Vanadium Titanium & Resources Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
The closing price on Nov 6, 2026 was ¥2.75. Our model-based fair value is ¥0.7600, about 72% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pangang Group Vanadium Titanium & Resources Co Ltd right now?
The price sits above even our optimistic bull case (¥0.8800). The favourable scenario is already priced in. Weak quality (46/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Pangang Group Vanadium Titanium & Resources Co Ltd
How large is the market capitalisation of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
The market capitalisation of Pangang Group Vanadium Titanium & Resources Co Ltd is 25.6B CNY (≈ $3.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
The price-to-sales ratio of Pangang Group Vanadium Titanium & Resources Co Ltd is 2.61 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
Earnings per share at Pangang Group Vanadium Titanium & Resources Co Ltd are ¥0.0300 (price ÷ EPS = P/E 91.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
The dividend yield of Pangang Group Vanadium Titanium & Resources Co Ltd is 0.0% (payout 2.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
The net margin of Pangang Group Vanadium Titanium & Resources Co Ltd is 3.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
The return on equity (ROE) of Pangang Group Vanadium Titanium & Resources Co Ltd is 2.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
On an EBIT basis the return on assets of Pangang Group Vanadium Titanium & Resources Co Ltd is 8.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
The operating margin of Pangang Group Vanadium Titanium & Resources Co Ltd is 3.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
Revenue at Pangang Group Vanadium Titanium & Resources Co Ltd is growing +7.2% versus a year earlier (3y avg −16.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Pangang Group Vanadium Titanium & Resources Co Ltd (000629)?
Earnings per share at Pangang Group Vanadium Titanium & Resources Co Ltd are growing −7.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Pangang Group Vanadium Titanium & Resources Co Ltd (000629) hold?
Pangang Group Vanadium Titanium & Resources Co Ltd holds more cash than debt, 1.2B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 5, 2026