Navinfo Co Ltd (002405) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Navinfo Co Ltd stock ¥0.96, price ¥6.13, that is 84.3% below the price, quality 52 out of 100. Rating: strongly overvalued. Calculated from audited financials with 12 of our 26 valuation models and 37 quality factors, updated daily.
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Navinfo Co Ltd
002405 · SHEOur calculation puts a fair price 84% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range ¥5.64 – ¥17.99 · fair‑value band ¥0.7200 – ¥1.20 · the ¥6.13 price screens above the ¥0.9600 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Company profile
SeeWay.ai Co., Ltd., together with its subsidiaries, provides full-stack automotive intelligence solutions in China.
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It offers software-hardware integrated solutions for multiple levels and complex driving scenarios; intelligent cockpit software product, such as smart assistant, LBS, driving safety, audio and video entertainment, smartphone-vehicle connectivity, and ecological service; Intelligent cockpit hardware terminal product, including IVI, intelligent navigation, AVM panorama, cloud recorder, stream media, and in-vehicle HUD series; and user system, user mall and entertainment value-added services.
The company also provides intelligent cockpit for commercial vehicles comprising intelligent connected devices, connected vehicle service platform, map service for commercial vehicle, and APP operation services; intelligent charging, smart mobility, and operation marketing services; and navigation for shared autonomy, data compliance and closed-loop, dynamic traffic, and high-precision positioning services.
In addition, it offers e-cockpit, IVI, telematics, and DA and high-end LCD instrument SoC products; MCU products consisting of AC7840x, AC781x, AC7801x, and AC7802x; multi-scenario digital twin solutions; and MineData for data processing, LBS, and rendering engine developed in-house, open APIs, and SDKs for further development.
The company was formerly known as NavInfo Co., Ltd. and change its name to SeeWay.ai Co., Ltd. in December 2025. SeeWay.ai Co., Ltd. was founded in 2002 and is headquartered in Beijing, China.
Stock analysis
Navinfo Co Ltd (002405) currently trades at ¥6.13, while our model-based Fair Value estimate is ¥0.9600, 84% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ¥4.21 per share, and 1 of the 12 models we run sit above the ¥6.13 price.
Bear case: the Earnings-Based group reads lowest at ¥0.5600, and 11 of the 12 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥0.7200 (bear) to ¥1.20 (bull), the price of ¥6.13 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 52/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Navinfo Co Ltd reported revenue of 4.1B CNY in FY2025 versus 3.1B CNY in FY2021, a compound +7.7%/yr. Reported net income was 104M CNY in FY2025, compounding −4.0%/yr from FY2021.
Key figures
Market cap 14.5B CNY (≈ $2.2B) Mid · P/S ratio 3.14 · EPS (TTM) ¥−0.0300 · Dividend yield 0.1% · Net margin −0.1% · Return on equity −0.5% · Return on assets (EBIT) −7.0% (5-year average) · Operating margin −22.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 23 out of 100 (medium confidence).
What moves the price
The share trades about 45% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at −84%, 002405 screens richer than that median.
Fair Value models
All 12 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
002405 screens overvalued: fair value 84% below the price. Compare with SAP SE →
Compare Navinfo Co Ltd with another stock
Price, fair value, quality and upside side by side.
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.Software - Application · 630 stocks
Valuation Multiplesvs Software - Application median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EBIT margin by industry
- P/S ratio by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Chinese Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Software - Application stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Adobe Inc ADBE | $239.30 | $463.72 | +94% | vs 002405 |
| Salesforce, Inc CRM | $213.65 | $342.73 | +60% | vs 002405 |
| Uber Technologies, Inc UBER | $68.59 | $101.28 | +48% | vs 002405 |
| Intuit Inc INTU | $341.50 | $459.14 | +34% | vs 002405 |
| ServiceNow, Inc NOW | $101.97 | $112.60 | +10% | vs 002405 |
| SAP SE SAP | €210.75 | €173.59 | −18% | vs 002405 |
| Cadence Design Systems, Inc CDNS | $319.92 | $225.48 | −30% | vs 002405 |
| Automatic Data Processing, Inc ADP | $303.35 | $150.40 | −50% | vs 002405 |
| Shopify Inc SHOP | $148.91 | $64.96 | −56% | vs 002405 |
| Snowflake Inc SNOW | $275.88 | $73.81 | −73% | vs 002405 |
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Key figures of Navinfo Co Ltd
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