Leedarson IoT Technology Inc (605365) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Leedarson IoT Technology Inc stock ¥6.08, price ¥13.36, that is 54.5% below the price, quality 49 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 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 ¥11.81 – ¥31.57 · fair‑value band ¥5.73 – ¥6.90 · the ¥13.36 price screens above the ¥6.08 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Leedarson IoT Technology Inc. engages in the research and development, production, and sale of Internet of things (IoT) products, LED bulbs, fixtures, luminaires, light sources, and other products.
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The company provides sensors, controls, cameras, and smart appliances; smart lighting products; home security products, such as alarms, smoke alarms, water leakage alarms, video surveillance, and other products; energy management solutions; smart campus solutions, including air quality sensor, lighting products, smart curtain, scene control panel, wireless bridge and measurement connector, PIR sensor, temperature and humidity sensor, and air switch.
It also offers smart kitchen appliances; hub/gateway, remote control, and range extender; and ZigBee, Bluetooth, Wi-Fi, Z-Wave, and combo modules. The company was formerly known as Xiamen Leedarson Lighting Group Co., Ltd. and changed its name to Leedarson IoT Technology Inc. in January 2020.
The company was founded in 2000 and is based in Xiamen, China.
Stock analysis
Leedarson IoT Technology Inc (605365) currently trades at ¥13.36, while our model-based Fair Value estimate is ¥6.08, 54% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ¥14.46 per share, and 3 of the 15 models we run sit above the ¥13.36 price.
Bear case: the Asset-Based group reads lowest at ¥2.00, and 12 of the 15 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥5.73 (bear) to ¥6.90 (bull), the price of ¥13.36 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 49/100 (below-average 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.
Leedarson IoT Technology Inc reported revenue of 6.9B CNY in FY2025 versus 6.5B CNY in FY2021, a compound +1.5%/yr. Reported net income was 209M CNY in FY2025, compounding −8.8%/yr from FY2021.
Key figures
Market cap 6.7B CNY (≈ $1.0B) Small · P/E ratio 31.8 · P/S ratio 0.97 · EPS (TTM) ¥0.4200 · Dividend yield 1.6% · Net margin 3.0% · Return on equity 5.7% · Return on assets (EBIT) 6.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (low confidence).
What moves the price
The share trades about 58% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at −54%, 605365 screens richer than that median.
Fair Value models
Bear¥5.73Fair Value ¥6.08Bull¥6.90
Price ¥13.36 · Downside -54.5%
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 (¥0.1795 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.37/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+0.9%
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.
−3.1%
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.
+4.9%
Start year 2020 (pandemic)
Revenue growth 8 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.
+5.1%
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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. Basis: EBIT basis.
−1.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−2.9%
Dividend (yield on the price)1.6%
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.9% → 5%
Compare Leedarson IoT Technology Inc 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.Electrical Equipment & Parts · 564 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside−54.5% · Below median
Profitability
Return on equity (12 months)5.7% · Below median
Return on assets3.0% · Below median
Net margin (12 months)3.0% · Below median
Operating margin (12 months)3.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)6.0% · Below median
Dividend yield (12 months)1.6% · Above median
Balance sheet
Debt / equity0.06× · Below median
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/E (12 months)31.8× · Pricier than median
P/B1.76× · Cheaper than median
P/S (12 months)0.97× · Cheaper than median
EV/EBITDA14.2× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)30· sector 66
PAST (return on equity)23· sector 25
HEALTH (low debt)97· sector 97
DIVIDEND (yield)31· sector 23
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.
Is Leedarson IoT Technology Inc (605365) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of ¥6.08 versus a price of ¥13.36, about 54% lower (overvalued).
What is the fair value of 605365?
Our model-based fair value for Leedarson IoT Technology Inc is ¥6.08 (as of Nov 5, 2026), built from audited fundamentals. The current price: ¥13.36.
What is the quality score of 605365?
Leedarson IoT Technology Inc has a Quality Score of 49/100. 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 Leedarson IoT Technology Inc (605365)?
Our model-based price target is the fair value of ¥6.08 (as of Nov 5, 2026) from 15 valuation models. Cautious scenario ¥5.73, optimistic scenario ¥6.90. It is a calculation from audited fundamentals, not an analyst target.
What is the Leedarson IoT Technology Inc stock forecast for 2026?
Our models put fair value at ¥6.08, about 54% lower versus a price of ¥13.36 (overvalued). Cautious scenario ¥5.73, optimistic scenario ¥6.90. The calculation is refreshed regularly with new filings.
What is the revenue of Leedarson IoT Technology Inc (605365)?
Leedarson IoT Technology Inc reported trailing-twelve-month revenue of about 6.9B CNY (latest available figure, as of Nov 5, 2026).
Does Leedarson IoT Technology Inc pay a dividend?
Leedarson IoT Technology Inc currently shows a dividend yield of 1.57% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Leedarson IoT Technology Inc (605365) and when is the ex-dividend date?
Leedarson IoT Technology Inc pays a dividend of ¥0.21 per share a year, a dividend yield of 1.6%. The last ex-dividend date was Jun 12, 2026. A dividend has been paid every year since at least 2022. The payout ratio is 50.0% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Leedarson IoT Technology Inc (605365)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Leedarson IoT Technology Inc it is ¥6.08 per share (as of Nov 5, 2026), against a price of ¥13.36. It is the blended result of 15 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Leedarson IoT Technology Inc stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 605365 trades above its calculated fair value: price ¥13.36, fair value ¥6.08, a gap of about −54% (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 605365?
No. The price is what the market pays today (¥13.36); the fair value is what the company's own numbers justify (¥6.08). For Leedarson IoT Technology Inc the two are ¥7.28 per share apart. That gap is exactly why we show both numbers side by side.
How much is Leedarson IoT Technology Inc worth?
The market values Leedarson IoT Technology Inc at about 6.7B CNY (market capitalisation, as of Nov 5, 2026). Per share that is ¥13.36; our models calculate a fair value of ¥6.08 per share.
What do the bullish and bearish scenarios say about 605365?
Our models span a range for Leedarson IoT Technology Inc: cautious scenario ¥5.73, base ¥6.08, optimistic ¥6.90 per share (as of Nov 5, 2026, price ¥13.36). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 605365?
Leedarson IoT Technology Inc trades at a price-to-earnings ratio of 31.8 (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 ¥6.08 is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2021 to 2025), reported earnings: 29.9. Other multiples: P/B 1.8, P/S 1.0, EV/EBITDA 14.2.
How solid is the balance sheet of Leedarson IoT Technology Inc (605365)?
Balance-sheet figures for Leedarson IoT Technology Inc (as of Nov 5, 2026): return on equity 5.7%, debt of 0.06 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is 605365 from its 52-week high?
Leedarson IoT Technology Inc trades at ¥13.36, about 58% below its 52-week high of ¥31.57 and 9% above the low of ¥12.22 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥6.08 is for.
Which stocks are comparable to Leedarson IoT Technology Inc?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, 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 Leedarson IoT Technology Inc stock attractive at the current price?
The data as of Nov 5, 2026: price ¥13.36, calculated fair value ¥6.08 (−54%), Quality Score 49/100, from 15 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 605365 calculated?
We run Leedarson IoT Technology Inc through 15 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥6.08 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 13.0% above its aggregate fair value. Leedarson IoT Technology Inc 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 Leedarson IoT Technology Inc (605365)?
The closing price on Nov 6, 2026 was ¥13.36. Our model-based fair value is ¥6.08, about 54% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Leedarson IoT Technology Inc right now?
The price sits above even our optimistic bull case (¥6.90). The favourable scenario is already priced in. Weak quality (49/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Leedarson IoT Technology Inc
How large is the market capitalisation of Leedarson IoT Technology Inc (605365)?
The market capitalisation of Leedarson IoT Technology Inc is 6.7B CNY (≈ $1.0B). 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 Leedarson IoT Technology Inc (605365)?
The price-to-sales ratio of Leedarson IoT Technology Inc is 0.97 (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 Leedarson IoT Technology Inc (605365)?
Earnings per share at Leedarson IoT Technology Inc are ¥0.4200 (price ÷ EPS = P/E 31.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Leedarson IoT Technology Inc (605365)?
The dividend yield of Leedarson IoT Technology Inc is 1.6% (payout 50.0%). 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 Leedarson IoT Technology Inc (605365)?
The net margin of Leedarson IoT Technology Inc is 3.0% (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 Leedarson IoT Technology Inc (605365)?
The return on equity (ROE) of Leedarson IoT Technology Inc is 5.7% (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 Leedarson IoT Technology Inc (605365)?
On an EBIT basis the return on assets of Leedarson IoT Technology Inc is 6.4% (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 Leedarson IoT Technology Inc (605365)?
The operating margin of Leedarson IoT Technology Inc is 3.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Leedarson IoT Technology Inc (605365)?
Revenue at Leedarson IoT Technology Inc is growing +6.0% versus a year earlier (3y avg −3.1%). 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 Leedarson IoT Technology Inc (605365)?
Earnings per share at Leedarson IoT Technology Inc are growing +132% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Leedarson IoT Technology Inc (605365) generate?
The free cash flow of Leedarson IoT Technology Inc is −545M 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 Leedarson IoT Technology Inc (605365) hold?
Leedarson IoT Technology Inc holds more cash than debt, 404M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Nov 5, 2026