Fujian South Highway Machinery Co. Ltd. A (603280) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Fujian South Highway Machinery Co. Ltd. A stock ¥18.34, price ¥24.57, that is 25.4% below the price, quality 69 out of 100. Rating: overvalued. Calculated from audited financials with 24 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
48‑month range ¥15.04 – ¥59.43 · fair‑value band ¥13.75 – ¥22.92 · the ¥24.57 price screens above the ¥18.34 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Fujian South Highway Machinery Co., Ltd. manufactures and sells equipment in the engineering mixing field in China.
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The company offers fine sand making, shaping sand making, fixed crushing and screening, mobile crushing, sand and gravel aggregate shaping, and screening equipment, as well as cement concrete mixing, dry mortar mixing equipment, asphalt mixture mixing, static crushing and screening, and stabilized soil mixing equipment. it also provides solution for solid waste resource utilization and green building materials overall solutions.
The company was founded in 1997 and is headquartered in Quanzhou, China.
Stock analysis
Fujian South Highway Machinery Co. Ltd. A (603280) currently trades at ¥24.57, while our model-based Fair Value estimate is ¥18.34, 25% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of ¥20.25 per share, and 1 of the 24 models we run sit above the ¥24.57 price.
Bear case: the Dividend Discount group reads lowest at ¥2.42, and 23 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥13.75 (bear) to ¥22.92 (bull), the price of ¥24.57 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 69/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Fujian South Highway Machinery Co. Ltd. A reported revenue of 1.0B CNY in FY2025 versus 1.3B CNY in FY2021, a compound −5.2%/yr. Reported net income was 94.7M CNY in FY2025, compounding −11.7%/yr from FY2021.
Key figures
Market cap 3.2B CNY (≈ $483M) Small · P/E ratio 42.4 · P/S ratio 3.37 · EPS (TTM) ¥0.5800 · Dividend yield 1.1% · Net margin 7.2% · Return on equity 5.1% · Return on assets (EBIT) 6.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 44% below its 52-week high and 6% 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 −25%, 603280 screens cheaper than that median.
Fair Value models
Bear¥13.75Fair Value ¥18.34Bull¥22.92
Price ¥24.57 · Downside -25.4%
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 (¥0.2573 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+3.6%
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.
−5.2%
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.
−1.9%
Start year 2020 (pandemic)
’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.
−12.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−13.9%
Dividend (yield on the price)1.1%
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.15% → 10%
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).
+3.0%
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 +1.3% a year for the price.
Compare Fujian South Highway Machinery Co. Ltd. A 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.Specialty Industrial Machinery · 813 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside−25.4% · Above median
Profitability
Return on equity (12 months)5.1% · Below median
Return on assets4.2% · Above median
Net margin (12 months)7.2% · Above median
Operating margin (12 months)7.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)−36.8% · Bottom 25%
Dividend yield (12 months)1.1% · Below median
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/E (12 months)42.4× · Pricier than median
P/B2.34× · Pricier than median
P/S (12 months)3.37× · Pricier than median
Price / free cash flow (fiscal year)18.4× · Cheaper than median
EV/EBITDA40.4× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 30
PAST (return on equity)20· sector 28
HEALTH (low debt)0· sector 96
DIVIDEND (yield)23· sector 29
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). "Fujian South Highway Machinery Co. Ltd. A Fair Value". https://www.fairvalue-calculator.com/stock/603280
Frequently asked questions
Is Fujian South Highway Machinery Co. Ltd. A (603280) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of ¥18.34 versus a price of ¥24.57, about 25% lower (overvalued).
What is the fair value of 603280?
Our model-based fair value for Fujian South Highway Machinery Co. Ltd. A is ¥18.34 (as of Nov 7, 2026), built from audited fundamentals. The current price: ¥24.57.
What is the quality score of 603280?
Fujian South Highway Machinery Co. Ltd. A has a Quality Score of 69/100. 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 Fujian South Highway Machinery Co. Ltd. A (603280)?
Our model-based price target is the fair value of ¥18.34 (as of Nov 7, 2026) from 24 valuation models. Cautious scenario ¥13.75, optimistic scenario ¥22.92. It is a calculation from audited fundamentals, not an analyst target.
What is the Fujian South Highway Machinery Co. Ltd. A stock forecast for 2026?
Our models put fair value at ¥18.34, about 25% lower versus a price of ¥24.57 (overvalued). Cautious scenario ¥13.75, optimistic scenario ¥22.92. The calculation is refreshed regularly with new filings.
What is the revenue of Fujian South Highway Machinery Co. Ltd. A (603280)?
Fujian South Highway Machinery Co. Ltd. A reported trailing-twelve-month revenue of about 958M CNY (latest available figure, as of Nov 7, 2026).
Does Fujian South Highway Machinery Co. Ltd. A pay a dividend?
Fujian South Highway Machinery Co. Ltd. A currently shows a dividend yield of 1.14% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Fujian South Highway Machinery Co. Ltd. A (603280) and when is the ex-dividend date?
Fujian South Highway Machinery Co. Ltd. A pays a dividend of ¥0.28 per share a year, a dividend yield of 1.1%. The last ex-dividend date was Jun 30, 2026. The payout ratio is 48.3% of earnings. Free cash flow covers the dividend 5.79 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Fujian South Highway Machinery Co. Ltd. A (603280)?
For today's price to be fair in a discounted-cash-flow model, Fujian South Highway Machinery Co. Ltd. A would have to grow free cash flow by +3.0 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -1.9 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 603280 use?
Our models discount Fujian South Highway Machinery Co. Ltd. A at 10.4 %: a base by market capitalisation (small), damped by beta 0.37, 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 Fujian South Highway Machinery Co. Ltd. A that is +3.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Fujian South Highway Machinery Co. Ltd. A (603280) delivered so far?
Over the past 5 years revenue at Fujian South Highway Machinery Co. Ltd. A grew -1.9 % a year. The price currently implies free-cash-flow growth of +3.0 % 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 Fujian South Highway Machinery Co. Ltd. A (603280) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Fujian South Highway Machinery Co. Ltd. A (+3.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Fujian South Highway Machinery Co. Ltd. A (603280)?
The free-cash-flow yield on the price is 6.60 %: that much free cash flow Fujian South Highway Machinery Co. Ltd. A produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Fujian South Highway Machinery Co. Ltd. A (603280)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Fujian South Highway Machinery Co. Ltd. A it is ¥18.34 per share (as of Nov 7, 2026), against a price of ¥24.57. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Fujian South Highway Machinery Co. Ltd. A stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 603280 trades above its calculated fair value: price ¥24.57, fair value ¥18.34, a gap of about −25% (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 603280?
No. The price is what the market pays today (¥24.57); the fair value is what the company's own numbers justify (¥18.34). For Fujian South Highway Machinery Co. Ltd. A the two are ¥6.23 per share apart. That gap is exactly why we show both numbers side by side.
How much is Fujian South Highway Machinery Co. Ltd. A worth?
The market values Fujian South Highway Machinery Co. Ltd. A at about 3.2B CNY (market capitalisation, as of Nov 7, 2026). Per share that is ¥24.57; our models calculate a fair value of ¥18.34 per share.
What do the bullish and bearish scenarios say about 603280?
Our models span a range for Fujian South Highway Machinery Co. Ltd. A: cautious scenario ¥13.75, base ¥18.34, optimistic ¥22.92 per share (as of Nov 7, 2026, price ¥24.57). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 603280?
Fujian South Highway Machinery Co. Ltd. A trades at a price-to-earnings ratio of 42.4 (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 ¥18.34 is built from several models across several years. Other multiples: P/B 2.3, P/S 3.4, EV/EBITDA 40.4.
How solid is the balance sheet of Fujian South Highway Machinery Co. Ltd. A (603280)?
Balance-sheet figures for Fujian South Highway Machinery Co. Ltd. A (as of Nov 7, 2026): return on equity 5.1%. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is 603280 from its 52-week high?
Fujian South Highway Machinery Co. Ltd. A trades at ¥24.57, about 44% below its 52-week high of ¥43.68 and 6% above the low of ¥23.14 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥18.34 is for.
Which stocks are comparable to Fujian South Highway Machinery Co. Ltd. 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 Fujian South Highway Machinery Co. Ltd. A stock attractive at the current price?
The data as of Nov 7, 2026: price ¥24.57, calculated fair value ¥18.34 (−25%), Quality Score 69/100, from 24 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 603280 calculated?
We run Fujian South Highway Machinery Co. Ltd. A through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥18.34 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. Fujian South Highway Machinery Co. 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 Fujian South Highway Machinery Co. Ltd. A (603280)?
The closing price on Nov 6, 2026 was ¥24.57. Our model-based fair value is ¥18.34, about 25% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Fujian South Highway Machinery Co. Ltd. A right now?
The price sits above even our optimistic bull case (¥22.92). The favourable scenario is already priced in. Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Fujian South Highway Machinery Co. Ltd. A
How large is the market capitalisation of Fujian South Highway Machinery Co. Ltd. A (603280)?
The market capitalisation of Fujian South Highway Machinery Co. Ltd. A is 3.2B CNY (≈ $483M). 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 Fujian South Highway Machinery Co. Ltd. A (603280)?
The price-to-sales ratio of Fujian South Highway Machinery Co. Ltd. A is 3.37 (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 Fujian South Highway Machinery Co. Ltd. A (603280)?
Earnings per share at Fujian South Highway Machinery Co. Ltd. A are ¥0.5800 (price ÷ EPS = P/E 42.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Fujian South Highway Machinery Co. Ltd. A (603280)?
The dividend yield of Fujian South Highway Machinery Co. Ltd. A is 1.1% (payout 48.3%). 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 Fujian South Highway Machinery Co. Ltd. A (603280)?
The net margin of Fujian South Highway Machinery Co. Ltd. A is 7.2% (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 Fujian South Highway Machinery Co. Ltd. A (603280)?
The return on equity (ROE) of Fujian South Highway Machinery Co. Ltd. A is 5.1% (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 Fujian South Highway Machinery Co. Ltd. A (603280)?
On an EBIT basis the return on assets of Fujian South Highway Machinery Co. Ltd. A is 6.2% (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 Fujian South Highway Machinery Co. Ltd. A (603280)?
The operating margin of Fujian South Highway Machinery Co. Ltd. A is 7.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Fujian South Highway Machinery Co. Ltd. A (603280)?
Revenue at Fujian South Highway Machinery Co. Ltd. A is growing −36.8% versus a year earlier (3y avg −5.2%). 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 Fujian South Highway Machinery Co. Ltd. A (603280)?
Earnings per share at Fujian South Highway Machinery Co. Ltd. A are growing −51.9% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Nov 7, 2026