Dongfang Electric Corp Ltd Class A (600875) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Dongfang Electric Corp Ltd Class A stock ¥26.42, price ¥23.09, upside +14.4%, quality 39 out of 100. Rating: undervalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
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 1, 2026.
How to read this chart
60‑month range ¥9.81 – ¥44.22 · fair‑value band ¥18.49 – ¥34.34 · the ¥23.09 price screens below the ¥26.42 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 1, 2026.
Follow Dongfang Electric Corp Ltd Class A in your weekly email
Every Wednesday you see whether Dongfang Electric Corp Ltd Class 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.
Dongfang Electric Corporation Limited engages in the design, development, manufacture, and sale of power generation equipment in China and internationally.
Show moreShow less
The company operates in five segments: Renewable Energy Equipment, High-Efficient Clean Energy Equipment, Engineering and Supply Chain, Modern Manufacturing Services Business, and Emerging Growth Industries.
It offers power generation equipment for wind, solar, hydro, nuclear, gas, and thermal power, including hydro-generating units, steam turbine generators, wind power units, power station steam turbines, and power station boilers.
The company also provides engineering contracting and services to global energy operators; trade and logistics services; chemical containers; energy-saving and environmental protection equipment; power electronics and control systems; and hydrogen energy equipment.
In addition, it offers science and technology promotion and application services, heat production, and research and experimental development services, as well as power generators, generating sets, and general equipment.
The company was formerly known as Dongfang Electric Machinery Co., Ltd. and changed its name to Dongfang Electric Corporation Limited in January 2008. The company was founded in 1958 and is headquartered in Chengdu, the People's Republic of China.
Dongfang Electric Corporation Limited operates as a subsidiary of Dongfang Electric Corporation.
Stock analysis
Dongfang Electric Corp Ltd Class A (600875) currently trades at ¥23.09, while our model-based Fair Value estimate is ¥26.42, implying the stock looks roughly 13% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥31.08 per share, and 8 of the 16 models we run sit above the ¥23.09 price.
Bear case: the Dividend Discount group reads lowest at ¥7.36, and 8 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥18.49 (bear) to ¥34.34 (bull), the price of ¥23.09 sits inside 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 39/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Dongfang Electric Corp Ltd Class A reported revenue of 78.6B CNY in FY2025 versus 46.8B CNY in FY2021, a compound +13.9%/yr. Reported net income was 3.8B CNY in FY2025, compounding +13.7%/yr from FY2021.
Key figures
Market cap 79.9B CNY (≈ $12.0B) Large · P/E ratio 16.7 · P/S ratio 1.02 · EPS (TTM) ¥1.33 · Dividend yield 2.3% · Net margin 5.9% · Return on equity 9.7% · Return on assets (EBIT) 3.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 48% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at 14%, 600875 screens cheaper than that median.
Fair Value models
Bear¥18.49Fair Value ¥26.42Bull¥34.34
Price ¥23.09 · Upside +14.4%
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 (¥0.6795 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
Residual Income¥12.40¥13.36¥15.2676
EPV¥21.86¥24.42¥26.6374
ROIC Compounder¥25.09¥33.25¥44.6471
All 16 models by family
Earnings-Based
Graham-Dodd¥8.54¥52.78¥73.6763
Lynch FV¥15.16¥21.65¥28.1561
PEG = 1.0¥15.16¥21.65¥28.1557
EPV¥21.86¥24.42¥26.6374
Dividend Discount
Gordon GGM¥4.25¥8.57¥13.1566
DDM Multi-Stage¥4.25¥7.36¥9.0367
Multiples
P/E Multiple¥19.78¥26.38¥32.9763
P/S Multiple¥16.01¥21.35¥26.6958
P/B Multiple¥13.88¥18.51¥23.1355
EV/EBIT¥32.45¥40.62¥48.7966
EV/EBITDA¥30.39¥37.87¥45.3667
EV/Revenue¥25.43¥32.93¥40.4354
Asset-Based
NCAV (Graham)¥7.08¥9.49¥14.1754
Economic Profit
Residual Income¥12.40¥13.36¥15.2676
ROIC Compounder¥25.09¥33.25¥44.6471
Growth Earnings
Growth-Adj P/E¥21.75¥31.08¥40.4067
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+14.6%
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.
+13.2%
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.
+16.8%
Start year 2020 (pandemic). Over 10 years: +8.1% a year
Revenue growth 31 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.
+18.6%
’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.
+15.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.1%
Dividend (yield on the price)2.3%
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.13.1% vs 11.0%, steady
Profit margin 1994 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.15% → 8%
News mood ⓘNews mood, the average tone of recent news (10 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Leading role supplying equipment across thermal, hydro, wind and nuclear projects forms its core strength, yet negative free cash flow and low asset returns signal weak evidence of a durable moat.
Main risk: Rapid shifts in demand patterns from the energy transition could undermine growth capture across multiple technologies and spread resources too thin amid rising competition.
Dongfang Electric holds a leading role in supplying equipment for thermal, hydropower, wind and nuclear power projects. First-half results showed new orders up and attributable profit rising 42 percent on steady revenue, yet the company operates in a sector where demand patterns are changing fast with the energy transition. Does its diversified base give it an edge in capturing growth across multiple technologies or risk spreading focus too thin amid rising competition?
Compare Dongfang Electric Corp Ltd Class 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.Specialty Industrial Machinery · 808 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score39 · Bottom 25%
Fair Value upside+14.4% · Top 25%
Profitability
Return on equity (12 months)9.7% · Above median
Return on assets2.4% · Below median
Net margin (12 months)5.9% · Below median
Operating margin (12 months)4.3% · Below median
Growth and dividend
Revenue growth (quarter YoY)−2.0% · Below median
Dividend yield (12 months)2.3% · Above median
Balance sheet
Debt / equity0.10× · Above median
Valuation Multiplesvs Specialty Industrial Machinery 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). "Dongfang Electric Corp Ltd Class A Fair Value". https://www.fairvalue-calculator.com/stock/600875
Frequently asked questions
Is Dongfang Electric Corp Ltd Class A (600875) overvalued or undervalued?
As of Nov 1, 2026, our model estimates a fair value of ¥26.42 versus a price of ¥23.09, about +14% upside (undervalued).
What is the fair value of 600875?
Our model-based fair value for Dongfang Electric Corp Ltd Class A is ¥26.42 (as of Nov 1, 2026), built from audited fundamentals. The current price: ¥23.09.
What is the quality score of 600875?
Dongfang Electric Corp Ltd Class A has a Quality Score of 39/100. 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 Dongfang Electric Corp Ltd Class A (600875)?
Our model-based price target is the fair value of ¥26.42 (as of Nov 1, 2026) from 16 valuation models. Cautious scenario ¥18.49, optimistic scenario ¥34.34. It is a calculation from audited fundamentals, not an analyst target.
What is the Dongfang Electric Corp Ltd Class A stock forecast for 2026?
Our models put fair value at ¥26.42, about +14% upside versus a price of ¥23.09 (undervalued). Cautious scenario ¥18.49, optimistic scenario ¥34.34. The calculation is refreshed regularly with new filings.
What is the revenue of Dongfang Electric Corp Ltd Class A (600875)?
Dongfang Electric Corp Ltd Class A reported trailing-twelve-month revenue of about 78.1B CNY (latest available figure, as of Nov 1, 2026).
Does Dongfang Electric Corp Ltd Class A pay a dividend?
Dongfang Electric Corp Ltd Class A currently shows a dividend yield of 2.30% relative to its recent price (as of Nov 1, 2026).
What is the intrinsic value of Dongfang Electric Corp Ltd Class A (600875)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Dongfang Electric Corp Ltd Class A it is ¥26.42 per share (as of Nov 1, 2026), against a price of ¥23.09. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Dongfang Electric Corp Ltd Class A stock overvalued or undervalued in 2026?
As of Nov 1, 2026, 600875 trades below its calculated fair value: price ¥23.09, fair value ¥26.42, a gap of about +14% (undervalued). 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 600875?
No. The price is what the market pays today (¥23.09); the fair value is what the company's own numbers justify (¥26.42). For Dongfang Electric Corp Ltd Class A the two are ¥3.33 per share apart. That gap is exactly why we show both numbers side by side.
How much is Dongfang Electric Corp Ltd Class A worth?
The market values Dongfang Electric Corp Ltd Class A at about 79.9B CNY (market capitalisation, as of Nov 1, 2026). Per share that is ¥23.09; our models calculate a fair value of ¥26.42 per share.
What do the bullish and bearish scenarios say about 600875?
Our models span a range for Dongfang Electric Corp Ltd Class A: cautious scenario ¥18.49, base ¥26.42, optimistic ¥34.34 per share (as of Nov 1, 2026, price ¥23.09). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600875?
Dongfang Electric Corp Ltd Class A trades at a price-to-earnings ratio of 16.7 (as of Nov 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥26.42 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 21.9. Other multiples: PEG 3.2, P/B 1.8, P/S 1.0, EV/EBITDA 15.7.
What is the PEG ratio of 600875?
The PEG ratio of Dongfang Electric Corp Ltd Class A is 3.18 (P/E divided by earnings growth, as of Nov 1, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Dongfang Electric Corp Ltd Class A (600875)?
Balance-sheet figures for Dongfang Electric Corp Ltd Class A (as of Nov 1, 2026): return on equity 9.7%, debt of 0.10 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is 600875 from its 52-week high?
Dongfang Electric Corp Ltd Class A trades at ¥23.09, about 48% below its 52-week high of ¥44.22 and 14% above the low of ¥20.25 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of ¥26.42 is for.
Which stocks are comparable to Dongfang Electric Corp Ltd Class A?
From the same area (Industrials) we also value SIE, GE Vernova Inc, Eaton Corporation, Parker-Hannifin Corporation, 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 Dongfang Electric Corp Ltd Class A stock attractive at the current price?
The data as of Nov 1, 2026: price ¥23.09, calculated fair value ¥26.42 (+14%), Quality Score 39/100, 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 600875 calculated?
We run Dongfang Electric Corp Ltd Class A through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥26.42, 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 15.5% above its aggregate fair value. Dongfang Electric Corp Ltd Class A currently trades 13% below its own fair value, and the market average says nothing about that. 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 Dongfang Electric Corp Ltd Class A (600875)?
The closing price on Nov 5, 2026 was ¥23.09. Our model-based fair value is ¥26.42, about +14% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Dongfang Electric Corp Ltd Class A right now?
A fairly wide model range (¥18.49 to ¥34.34) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of Dongfang Electric Corp Ltd Class A (600875) come from?
Earnings per share at Dongfang Electric Corp Ltd Class A grew +5.9 % a year from 2013 to 2024. Broken into its drivers: revenue per share +1.4 %, EBIT margin +5.4 %, tax rate +0.2 %, residual (interest, one-offs) −1.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Dongfang Electric Corp Ltd Class A
How large is the market capitalisation of Dongfang Electric Corp Ltd Class A (600875)?
The market capitalisation of Dongfang Electric Corp Ltd Class A is 79.9B CNY (≈ $12.0B). 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 Dongfang Electric Corp Ltd Class A (600875)?
The price-to-sales ratio of Dongfang Electric Corp Ltd Class A is 1.02 (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 Dongfang Electric Corp Ltd Class A (600875)?
Earnings per share at Dongfang Electric Corp Ltd Class A are ¥1.33 (price ÷ EPS = P/E 16.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Dongfang Electric Corp Ltd Class A (600875)?
The dividend yield of Dongfang Electric Corp Ltd Class A is 2.3% (payout 39.8%). 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 Dongfang Electric Corp Ltd Class A (600875)?
The net margin of Dongfang Electric Corp Ltd Class A is 5.9% (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 Dongfang Electric Corp Ltd Class A (600875)?
The return on equity (ROE) of Dongfang Electric Corp Ltd Class A is 9.7% (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 Dongfang Electric Corp Ltd Class A (600875)?
On an EBIT basis the return on assets of Dongfang Electric Corp Ltd Class A is 3.0% (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 Dongfang Electric Corp Ltd Class A (600875)?
The operating margin of Dongfang Electric Corp Ltd Class A is 4.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Dongfang Electric Corp Ltd Class A (600875)?
Revenue at Dongfang Electric Corp Ltd Class A is growing −2.0% versus a year earlier (3y avg +13.2%). 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 Dongfang Electric Corp Ltd Class A (600875)?
Earnings per share at Dongfang Electric Corp Ltd Class A are growing +39.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Dongfang Electric Corp Ltd Class A (600875) generate?
The free cash flow of Dongfang Electric Corp Ltd Class A is −2.3B CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Dongfang Electric Corp Ltd Class A (600875) hold?
Dongfang Electric Corp Ltd Class A holds more cash than debt, 24.2B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Dongfang Electric Corp Ltd Class A in the live analysis
One click puts Dongfang Electric Corp Ltd Class A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 1, 2026