Greattown Holdings Ltd A (600094) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Greattown Holdings Ltd A stock ¥2.89, price ¥4.54, that is 36.3% below the price, quality 68 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 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 7, 2026.
How to read this chart
60‑month range ¥2.50 – ¥5.79 · fair‑value band ¥2.34 – ¥3.11 · the ¥4.54 price screens above the ¥2.89 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Follow Greattown Holdings Ltd A in your weekly email
Every Wednesday you see whether Greattown Holdings Ltd A is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Greattown Holdings Ltd. engages in the real estate development business in China. It operates through Real Estate Business, Financial Investment Business, and Computing Service Business segments.
Show moreShow less
The company develops residences, urban complexes, office buildings, hotels, tourism and cultural parks, and industrial parks.
It also engages in various financial businesses, including insurance, securities, financial leasing, industrial mergers and acquisitions funds, equity investment funds, new energy industry funds, and real estate funds.
In addition, the company offers commercial management services for commercial entities.
Further, it is involved in the operation and leasing of properties; provision of computing power services; building materials trade; investment management, securities investment, and investing activities; business administration; management consulting; software and information technology; and trading and wholesale activities.
Greattown Holdings Ltd. was founded in 1986 and is headquartered in Shanghai, China.
Stock analysis
Greattown Holdings Ltd A (600094) currently trades at ¥4.54, while our model-based Fair Value estimate is ¥2.89, 36% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of ¥3.69 per share, and 2 of the 16 models we run sit above the ¥4.54 price.
Bear case: the Dividend Discount group reads lowest at ¥0.6300, and 14 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥2.34 (bear) to ¥3.11 (bull), the price of ¥4.54 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 68/100 (solid quality), in the Real Estate sector.
Mixed Growth: Spin-off in 2008: revenue and profit before it include the divested business. Growth is measured afresh from 2008.
Greattown Holdings Ltd A reported revenue of 2.2B CNY in FY2025 versus 7.7B CNY in FY2021, a compound −26.4%/yr. Reported net income was 143M CNY in FY2025.
Key figures
Market cap 10.6B CNY (≈ $1.6B) Small · P/E ratio 94.4 · P/S ratio 7.58 · EPS (TTM) ¥0.0500 · Dividend yield 1.0% · Net margin 8.5% · Return on equity 1.0% · Return on assets (EBIT) −1.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 31% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 33% fair-value upside, at −36%, 600094 screens richer than that median.
Fair Value models
Bear¥2.34Fair Value ¥2.89Bull¥3.11
Price ¥4.54 · Downside -36.3%
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 (¥0.0429 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.
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.55/100
Spin-off in 2008: revenue and profit before it include the divested business. Growth is measured afresh from 2008.
Revenue growth 1 year
−46.1%
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.
−32.7%
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.
−31.4%
Start year 2020 (pandemic). Over 10 years: −8.0% a year
Revenue growth 15 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.
−0.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−22.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−23.8%
Dividend (yield on the price)1.0%
Per share before 2000divided by the spin-off factor 1.1066
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−23.8% vs −12.2%, slowing
Profit margin 2020 to 2025 ⓘ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% → 9%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 3.6%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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).
+10.6%
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 +8.8% a year for the price.
Compare Greattown Holdings Ltd A with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Real Estate - Development · 489 stocks
Beats the industry median on 3/14 measures
Overall it trails its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside−37.4% · Bottom 25%
Profitability
Return on equity (12 months)1.0% · Below median
Return on assets0.9% · Below median
Net margin (12 months)8.5% · Below median
Operating margin (12 months)13.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)−56.5% · Bottom 25%
Dividend yield (12 months)1.0% · Below median
Balance sheet
Debt / equity0.10× · Below median
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/E (12 months)94.4× · Priciest 25%
P/B1.05× · Pricier than median
P/S (12 months)7.58× · Priciest 25%
Price / free cash flow (fiscal year)16.8× · Pricier than median
EV/EBITDA46.8× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 68
FUTURE (revenue growth)0· sector 0
PAST (return on equity)4· sector 17
HEALTH (low debt)95· sector 83
DIVIDEND (yield)20· sector 61
VALUE 0: the price sits above our fair-value range.
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). "Greattown Holdings Ltd A Fair Value". https://www.fairvalue-calculator.com/stock/600094
Frequently asked questions
Is Greattown Holdings Ltd A (600094) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of ¥2.89 versus a price of ¥4.54, about 36% lower (overvalued).
What is the fair value of 600094?
Our model-based fair value for Greattown Holdings Ltd A is ¥2.89 (as of Nov 7, 2026), built from audited fundamentals. The current price: ¥4.54.
What is the quality score of 600094?
Greattown Holdings Ltd A has a Quality Score of 68/100. 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 Greattown Holdings Ltd A (600094)?
Our model-based price target is the fair value of ¥2.89 (as of Nov 7, 2026) from 16 valuation models. Cautious scenario ¥2.34, optimistic scenario ¥3.11. It is a calculation from audited fundamentals, not an analyst target.
What is the Greattown Holdings Ltd A stock forecast for 2026?
Our models put fair value at ¥2.89, about 36% lower versus a price of ¥4.54 (overvalued). Cautious scenario ¥2.34, optimistic scenario ¥3.11. The calculation is refreshed regularly with new filings.
What is the revenue of Greattown Holdings Ltd A (600094)?
Greattown Holdings Ltd A reported trailing-twelve-month revenue of about 1.4B CNY (latest available figure, as of Nov 7, 2026).
Does Greattown Holdings Ltd A pay a dividend?
Greattown Holdings Ltd A currently shows a dividend yield of 0.98% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Greattown Holdings Ltd A (600094)?
Greattown Holdings Ltd A has a dividend yield of 1.0%.
What growth is priced into Greattown Holdings Ltd A (600094)?
For today's price to be fair in a discounted-cash-flow model, Greattown Holdings Ltd A would have to grow free cash flow by +10.6 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -31.5 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 600094 use?
Our models discount Greattown Holdings Ltd A at 11.6 %: a base by market capitalisation (small), damped by beta 0.89, 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 Greattown Holdings Ltd A that is +10.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Greattown Holdings Ltd A (600094) delivered so far?
Over the past 5 years revenue at Greattown Holdings Ltd A grew -31.5 % a year. The price currently implies free-cash-flow growth of +10.6 % 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 Greattown Holdings Ltd A (600094) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Greattown Holdings Ltd A (+10.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Greattown Holdings Ltd A (600094)?
The free-cash-flow yield on the price is 6.07 %: that much free cash flow Greattown Holdings Ltd A produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Greattown Holdings Ltd A (600094)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Greattown Holdings Ltd A it is ¥2.89 per share (as of Nov 7, 2026), against a price of ¥4.54. It is the blended result of 16 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Greattown Holdings Ltd A stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 600094 trades above its calculated fair value: price ¥4.54, fair value ¥2.89, a gap of about −36% (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 600094?
No. The price is what the market pays today (¥4.54); the fair value is what the company's own numbers justify (¥2.89). For Greattown Holdings Ltd A the two are ¥1.65 per share apart. That gap is exactly why we show both numbers side by side.
How much is Greattown Holdings Ltd A worth?
The market values Greattown Holdings Ltd A at about 10.6B CNY (market capitalisation, as of Nov 7, 2026). Per share that is ¥4.54; our models calculate a fair value of ¥2.89 per share.
What do the bullish and bearish scenarios say about 600094?
Our models span a range for Greattown Holdings Ltd A: cautious scenario ¥2.34, base ¥2.89, optimistic ¥3.11 per share (as of Nov 7, 2026, price ¥4.54). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600094?
Greattown Holdings Ltd A trades at a price-to-earnings ratio of 94.4 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥2.89 is built from several models across several years. Other multiples: P/B 1.1, P/S 7.6, EV/EBITDA 46.8.
How solid is the balance sheet of Greattown Holdings Ltd A (600094)?
Balance-sheet figures for Greattown Holdings Ltd A (as of Nov 7, 2026): return on equity 1.0%, debt of 0.10 per unit of equity. They feed the Quality Score of 68/100, which measures business quality independently of the share price.
How far is 600094 from its 52-week high?
Greattown Holdings Ltd A trades at ¥4.54, about 22% below its 52-week high of ¥5.79 and 31% above the low of ¥3.46 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of ¥2.89 is for.
Which stocks are comparable to Greattown Holdings Ltd A?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, DLF 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 Greattown Holdings Ltd A stock attractive at the current price?
The data as of Nov 7, 2026: price ¥4.54, calculated fair value ¥2.89 (−36%), Quality Score 68/100, from 16 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 600094 calculated?
We run Greattown Holdings Ltd A through 16 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of ¥2.89 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. Greattown Holdings Ltd A 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 Greattown Holdings Ltd A (600094)?
The closing price on Nov 9, 2026 was ¥4.54. Our model-based fair value is ¥2.89, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Greattown Holdings Ltd A right now?
The price sits above even our optimistic bull case (¥3.11). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Greattown Holdings Ltd A
How large is the market capitalisation of Greattown Holdings Ltd A (600094)?
The market capitalisation of Greattown Holdings Ltd A is 10.6B CNY (≈ $1.6B). 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 Greattown Holdings Ltd A (600094)?
The price-to-sales ratio of Greattown Holdings Ltd A is 7.58 (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 Greattown Holdings Ltd A (600094)?
Earnings per share at Greattown Holdings Ltd A are ¥0.0500 (price ÷ EPS = P/E 94.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Greattown Holdings Ltd A (600094)?
The dividend yield of Greattown Holdings Ltd A is 1.0% (payout 88.6%). 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 Greattown Holdings Ltd A (600094)?
The net margin of Greattown Holdings Ltd A is 8.5% (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 Greattown Holdings Ltd A (600094)?
The return on equity (ROE) of Greattown Holdings Ltd A is 1.0% (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 Greattown Holdings Ltd A (600094)?
On an EBIT basis the return on assets of Greattown Holdings Ltd A is −1.0% (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 Greattown Holdings Ltd A (600094)?
The operating margin of Greattown Holdings Ltd A is 13.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Greattown Holdings Ltd A (600094)?
Revenue at Greattown Holdings Ltd A is growing −56.5% versus a year earlier (3y avg −32.7%). 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 Greattown Holdings Ltd A (600094)?
Earnings per share at Greattown Holdings Ltd A are growing −70.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Greattown Holdings Ltd A (600094) carry?
The net debt of Greattown Holdings Ltd A is 461M CNY (fiscal year 2025, ≈ 0.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Greattown Holdings Ltd A in the live analysis
One click puts Greattown Holdings Ltd A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 7, 2026