Kaili Catalyst & New Materials Co. Ltd. A (688269) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Kaili Catalyst & New Materials Co. Ltd. A stock ¥14.34, price ¥22.60, that is 36.5% below the price, quality 51 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 8, 2026.
How to read this chart
60‑month range ¥20.56 – ¥94.75 · fair‑value band ¥10.76 – ¥17.93 · the ¥22.60 price screens above the ¥14.34 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow Kaili Catalyst & New Materials Co. Ltd. A in your weekly email
Every Wednesday you see whether Kaili Catalyst & New Materials Co. 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.
Kaili Catalyst & New Materials Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of precious metal catalysts in China and internationally. The company offers palladium, platinum, rhodium, ruthenium, and iridium series of catalysts.
Show moreShow less
It also engages in research and development of catalytic application technology, and the recycling and reprocessing of waste precious metals catalysts.
The company's products are used in medicines, pesticides, dyes, pigments, paints, liquid crystal materials, electronic materials, petrochemicals, and other sectors.
The company was formerly known as Xi'an Kaili Chemical Co., Ltd. Kaili Catalyst & New Materials Co.,Ltd. was founded in 1980 and is based in Xi'an, China.
Stock analysis
Kaili Catalyst & New Materials Co. Ltd. A (688269) currently trades at ¥22.60, while our model-based Fair Value estimate is ¥14.34, 37% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥19.93 per share, and 1 of the 16 models we run sit above the ¥22.60 price.
Bear case: the Asset-Based group reads lowest at ¥4.64, and 15 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥10.76 (bear) to ¥17.93 (bull), the price of ¥22.60 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 51/100 (solid quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Kaili Catalyst & New Materials Co. Ltd. A reported revenue of 2.0B CNY in FY2025 versus 1.6B CNY in FY2021, a compound +6.4%/yr. Reported net income was 110M CNY in FY2025, compounding −9.2%/yr from FY2021.
Key figures
Market cap 3.0B CNY (≈ $445M) Small · P/E ratio 31.0 · P/S ratio 1.16 · EPS (TTM) ¥0.7300 · Dividend yield 1.3% · Net margin 4.0% · Return on equity 9.1% · Return on assets (EBIT) 9.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (low confidence).
What moves the price
The share trades about 53% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −25% fair-value upside, at −37%, 688269 screens richer than that median.
Fair Value models
Bear¥10.76Fair Value ¥14.34Bull¥17.93
Price ¥22.60 · Downside -36.5%
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 (¥0.3676 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.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+20.6%
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.
+2.6%
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.
+14.1%
Start year 2020 (pandemic). Over 10 years: +19.6% a year
Revenue growth 12 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.
+19.4%
’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.
−3.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−4.7%
Dividend (yield on the price)1.3%
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.−4.7% vs 9.4%, 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.11% → 6%
Compare Kaili Catalyst & New Materials Co. 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.Chemicals · 336 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside−36.5% · Below median
Profitability
Return on equity (12 months)9.1% · Above median
Return on assets5.0% · Above median
Net margin (12 months)4.0% · Below median
Operating margin (12 months)−0.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)101.8% · Top 25%
Dividend yield (12 months)1.3% · Below median
Balance sheet
Debt / equity0.14× · Above median
Valuation Multiplesvs Chemicals median · lower = cheaper
P/E (12 months)31.0× · Pricier than median
P/B2.82× · Priciest 25%
P/S (12 months)1.16× · Cheaper than median
EV/EBITDA18.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)100· sector 69
PAST (return on equity)36· sector 24
HEALTH (low debt)93· sector 94
DIVIDEND (yield)27· sector 32
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). "Kaili Catalyst & New Materials Co. Ltd. A Fair Value". https://www.fairvalue-calculator.com/stock/688269
Frequently asked questions
Is Kaili Catalyst & New Materials Co. Ltd. A (688269) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ¥14.34 versus a price of ¥22.60, about 37% lower (overvalued).
What is the fair value of 688269?
Our model-based fair value for Kaili Catalyst & New Materials Co. Ltd. A is ¥14.34 (as of Nov 8, 2026), built from audited fundamentals. The current price: ¥22.60.
What is the quality score of 688269?
Kaili Catalyst & New Materials Co. Ltd. A has a Quality Score of 51/100. 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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
Our model-based price target is the fair value of ¥14.34 (as of Nov 8, 2026) from 16 valuation models. Cautious scenario ¥10.76, optimistic scenario ¥17.93. It is a calculation from audited fundamentals, not an analyst target.
What is the Kaili Catalyst & New Materials Co. Ltd. A stock forecast for 2026?
Our models put fair value at ¥14.34, about 37% lower versus a price of ¥22.60 (overvalued). Cautious scenario ¥10.76, optimistic scenario ¥17.93. The calculation is refreshed regularly with new filings.
What is the revenue of Kaili Catalyst & New Materials Co. Ltd. A (688269)?
Kaili Catalyst & New Materials Co. Ltd. A reported trailing-twelve-month revenue of about 2.6B CNY (latest available figure, as of Nov 8, 2026).
Does Kaili Catalyst & New Materials Co. Ltd. A pay a dividend?
Kaili Catalyst & New Materials Co. Ltd. A currently shows a dividend yield of 1.33% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Kaili Catalyst & New Materials Co. Ltd. A (688269) and when is the ex-dividend date?
Kaili Catalyst & New Materials Co. Ltd. A pays a dividend of ¥0.3 per share a year, a dividend yield of 1.3%. The last ex-dividend date was Jun 11, 2026. A dividend has been paid every year since at least 2021. The payout ratio is 41.1% 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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kaili Catalyst & New Materials Co. Ltd. A it is ¥14.34 per share (as of Nov 8, 2026), against a price of ¥22.60. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Kaili Catalyst & New Materials Co. Ltd. A stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 688269 trades above its calculated fair value: price ¥22.60, fair value ¥14.34, a gap of about −37% (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 688269?
No. The price is what the market pays today (¥22.60); the fair value is what the company's own numbers justify (¥14.34). For Kaili Catalyst & New Materials Co. Ltd. A the two are ¥8.26 per share apart. That gap is exactly why we show both numbers side by side.
How much is Kaili Catalyst & New Materials Co. Ltd. A worth?
The market values Kaili Catalyst & New Materials Co. Ltd. A at about 3.0B CNY (market capitalisation, as of Nov 8, 2026). Per share that is ¥22.60; our models calculate a fair value of ¥14.34 per share.
What do the bullish and bearish scenarios say about 688269?
Our models span a range for Kaili Catalyst & New Materials Co. Ltd. A: cautious scenario ¥10.76, base ¥14.34, optimistic ¥17.93 per share (as of Nov 8, 2026, price ¥22.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688269?
Kaili Catalyst & New Materials Co. Ltd. A trades at a price-to-earnings ratio of 31.0 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥14.34 is built from several models across several years. Other multiples: P/B 2.8, P/S 1.2, EV/EBITDA 18.5.
How solid is the balance sheet of Kaili Catalyst & New Materials Co. Ltd. A (688269)?
Balance-sheet figures for Kaili Catalyst & New Materials Co. Ltd. A (as of Nov 8, 2026): return on equity 9.1%, debt of 0.14 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 688269 from its 52-week high?
Kaili Catalyst & New Materials Co. Ltd. A trades at ¥22.60, about 53% below its 52-week high of ¥48.35 and 7% above the low of ¥21.10 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥14.34 is for.
Which stocks are comparable to Kaili Catalyst & New Materials Co. Ltd. A?
From the same area (Basic Materials) we also value BASF SE, Saudi Basic Industries Corporation, Dow Inc, Ningxia Baofeng Energy Group, 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 Kaili Catalyst & New Materials Co. Ltd. A stock attractive at the current price?
The data as of Nov 8, 2026: price ¥22.60, calculated fair value ¥14.34 (−37%), Quality Score 51/100, 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 688269 calculated?
We run Kaili Catalyst & New Materials Co. Ltd. A through 16 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 ¥14.34 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 13.0% above its aggregate fair value. Kaili Catalyst & New Materials 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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
The closing price on Nov 6, 2026 was ¥22.60. Our model-based fair value is ¥14.34, about 37% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kaili Catalyst & New Materials Co. Ltd. A right now?
The price sits above even our optimistic bull case (¥17.93). The favourable scenario is already priced in. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Kaili Catalyst & New Materials Co. Ltd. A (688269) come from?
Earnings per share at Kaili Catalyst & New Materials Co. Ltd. A grew +10.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +13.5 %, EBIT margin +0.7 %, tax rate −0.1 %, residual (interest, one-offs) −3.0 %. 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 Kaili Catalyst & New Materials Co. Ltd. A
How large is the market capitalisation of Kaili Catalyst & New Materials Co. Ltd. A (688269)?
The market capitalisation of Kaili Catalyst & New Materials Co. Ltd. A is 3.0B CNY (≈ $445M). 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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
The price-to-sales ratio of Kaili Catalyst & New Materials Co. Ltd. A is 1.16 (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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
Earnings per share at Kaili Catalyst & New Materials Co. Ltd. A are ¥0.7300 (price ÷ EPS = P/E 31.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Kaili Catalyst & New Materials Co. Ltd. A (688269)?
The dividend yield of Kaili Catalyst & New Materials Co. Ltd. A is 1.3% (payout 41.1%). 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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
The net margin of Kaili Catalyst & New Materials Co. Ltd. A is 4.0% (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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
The return on equity (ROE) of Kaili Catalyst & New Materials Co. Ltd. A is 9.1% (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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
On an EBIT basis the return on assets of Kaili Catalyst & New Materials Co. Ltd. A is 9.8% (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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
The operating margin of Kaili Catalyst & New Materials Co. Ltd. A is −0.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kaili Catalyst & New Materials Co. Ltd. A (688269)?
Revenue at Kaili Catalyst & New Materials Co. Ltd. A is growing +102% versus a year earlier (3y avg +2.6%). 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 Kaili Catalyst & New Materials Co. Ltd. A (688269)?
Earnings per share at Kaili Catalyst & New Materials Co. Ltd. A are growing −86.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Kaili Catalyst & New Materials Co. Ltd. A (688269) generate?
The free cash flow of Kaili Catalyst & New Materials Co. Ltd. A is −99.1M 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 debt does Kaili Catalyst & New Materials Co. Ltd. A (688269) carry?
The net debt of Kaili Catalyst & New Materials Co. Ltd. A is 398M CNY (fiscal year 2025). 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 Kaili Catalyst & New Materials Co. Ltd. A in the live analysis
One click puts Kaili Catalyst & New Materials Co. Ltd. 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 8, 2026