EN DE
STOCK COMPARISON

Shenzhen Sinovatio Technology Co Ltd Class A vs International Business Machines: Fair Value & Quality

Both stocks run through our valuation models. Here is how Shenzhen Sinovatio Technology Co Ltd Class A (002912) and International Business Machines (IBM) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Shenzhen Sinovatio Technology Co Ltd Class A as the less overvalued of the two: Shenzhen Sinovatio Technology Co Ltd Class A trades at ¥24.06 versus a fair value of ¥22.76 (-5%), while International Business Machines trades at $227 versus $187 (-18%).
Shenzhen Sinovatio Technology Co Ltd Class A
002912.SHE · CNY · Information Technology
-5%
upside to fair value
fairly valued
Price¥24.06
Fair Value¥22.76
Quality67/100
International Business Machines
IBM · USD · Information Technology
-18%
upside to fair value
overvalued
Price$227
Fair Value$187
Quality63/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Shenzhen Sinovatio Technology Co Ltd Class AInternational Business Machines
Valuation
150.4×P/E (TTM)20.0×
5.30×P/S (TTM)3.13×
2.37×P/B6.63× · book value is mostly goodwill
n/aEV/EBITDA15.6×
n/aPEG2.19×
−5.4%Fair value upside−17.8%
1.7%Dividend yield3.0%
¥0.40Dividend per share$6.73
Profitability
-77%Operating margin17%
0.27×EBIT margin trend (5Y)1.63×
2%Return on equity34%
-0%Return on assets5%
Growth
22%Revenue growth (YoY)1%
19.9%Avg. growth/yr (3Y)3.7%
-4.7%Avg. growth/yr (5Y)n/a
−20.4%Value creation/yr+16.2%
Balance & size
72.4×Interest coverage (EBIT/interest)5.3×
n/aDebt / equity1.68×
$608MMarket cap$216B
weakGrowth qualityhealthy

International Business Machines leads: 3 to 8 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Shenzhen Sinovatio Technology Co Ltd Class Aof which business quality 68 · market factors 39 International Business Machinesof which business quality 61 · market factors 33
ProfitabilityMargins and returns on capital today
34
59
Quality GrowthAre margins and returns improving?
42
68
CashflowEarnings quality: real cash, not paper profit
62
70
Fin. StrengthBalance sheet, leverage, solvency risk
100
39
InvestmentDisciplined investing over empire-building
90
66
Low VolatilityCalm price path (market factor)
63
52
MomentumPrice trend over the last 3–12 months (market factor)
29
29
52W MomentumDistance to the 52-week high (market factor)
28
18
Net IssuanceShare count: buybacks or dilution?
90
74

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyShenzhen Sinovatio Technology Co Ltd Class APrice ¥24.06International Business MachinesPrice $227
DCF Models-39%below the price¥14.56-19%below the price$185
Earnings-Based-73%below the price¥6.47-63%below the price$84.42
Dividend Discount-89%below the price¥2.68-66%below the price$76.12
Multiples-54%below the price¥11.07-10%close to the price$205
Asset-Based-72%below the price¥6.74-90%below the price$23.22
Growth DCF-48%below the price¥12.57-37%below the price$142
Economic Profit-67%below the price¥7.86-63%below the price$84.30
Growth Earnings-65%below the price¥8.46+4%close to the price$236
Minimum-89%below the price¥2.68-90%below the price$23.22
Maximum-39%below the price¥14.56+4%close to the price$236
Median-66%below the price¥8.16-50%below the price$113
Geometric mean-67%below the price¥7.94-53%below the price$106

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Shenzhen Sinovatio Technology Co Ltd Class A: 26 of 26 models see the stock below the current price.

International Business Machines: 20 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Shenzhen Sinovatio Technology Co Ltd Class A
Price ¥24.06
Fair Value ¥22.76
Bear ¥17.08Bull ¥28.46
International Business Machines
Price $227
Fair Value $187
Bear $121Bull $272

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Shenzhen Sinovatio Technology Co Ltd Class A · Information Technology

Quality score67 · Top 25%
Fair value upside-5% · above median

International Business Machines · Information Technology

Quality score63 · above median
Fair value upside-18% · above median

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Shenzhen Sinovatio Technology Co Ltd Class A as the less overvalued of the two: Shenzhen Sinovatio Technology Co Ltd Class A trades at ¥24.06 versus a fair value of ¥22.76 (-5%), while International Business Machines trades at $227 versus $187 (-18%).

Shenzhen Sinovatio Technology Co Ltd Class A has the higher quality score (67/100).

Open Shenzhen Sinovatio Technology Co Ltd Class A live analysis →
Shenzhen Sinovatio Technology Co Ltd Class A · International Business Machines

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Related to Shenzhen Sinovatio Technology Co Ltd Class A

Microsoft vs NvidiaApple vs MicrosoftNvidia vs Taiwan Semiconductor ManufacturingApple vs Taiwan Semiconductor Manufacturing

Related to International Business Machines

Microsoft vs Taiwan Semiconductor ManufacturingBroadcom vs MicrosoftMicrosoft vs Micron TechnologyAdvanced Micro Devices vs Microsoft
Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.