EN DE
STOCK COMPARISON

Zhejiang Kaier New Materials vs JSW Steel: Fair Value & Quality

Both stocks run through our valuation models. Here is how Zhejiang Kaier New Materials (300234) and JSW Steel (JSWSTEEL) compare, as of Aug 15, 2026.

As of Aug 15, 2026, Fair Value Calculator sees JSW Steel as the less overvalued of the two: Zhejiang Kaier New Materials trades at ¥9.63 versus a fair value of ¥0.93 (-90%), while JSW Steel trades at ₹1,270 versus ₹1,140 (-10%).
Zhejiang Kaier New Materials
300234.SHE · CNY · Materials
-90%
upside to fair value
overvalued
Price¥9.63
Fair Value¥0.93
Quality53/100
JSW Steel
JSWSTEEL.NSE · INR · Materials
-10%
upside to fair value
overvalued
Price₹1,270
Fair Value₹1,140
Quality52/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Zhejiang Kaier New MaterialsJSW Steel
Valuation
P/E (TTM)13.5×
2.77×P/S (TTM)1.62×
0.72×P/B2.99×
29.9×EV/EBITDA10.3×
Dividend yield0.6%
Dividend per share₹7.10
Profitability
-6%Net margin12%
18%Operating margin19%
-1%Return on equity27%
-0%Return on assets6%
Growth
-6%Revenue growth (YoY)14%
-25.2%Avg. growth/yr (3Y)3.8%
-7.8%Avg. growth/yr (5Y)18.4%
Balance & size
0.05×Debt / equity0.76×
$806MMarket cap$31B
weakGrowth qualityexpensive

JSW Steel leads: 2 to 9 metric wins.

Dash = 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.

Zhejiang Kaier New Materialsof which business quality 57 · market factors 82 JSW Steelof which business quality 49 · market factors 65
ProfitabilityMargins and returns on capital today
9
54
Quality GrowthAre margins and returns improving?
13
59
CashflowEarnings quality: real cash, not paper profit
98
20
Fin. StrengthBalance sheet, leverage, solvency risk
81
47
InvestmentDisciplined investing over empire-building
94
50
Low VolatilityCalm price path (market factor)
51
88
MomentumPrice trend over the last 3–12 months (market factor)
100
47
52W MomentumDistance to the 52-week high (market factor)
86
69
Net IssuanceBuybacks instead of dilution
46
80

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Zhejiang Kaier New Materials

DCF Models¥1.52
Dividend Discount¥0.16
Multiples¥0.83
Asset-Based¥1.50
Growth DCF¥2.08

13 of 13 models see the stock below the current price.

JSW Steel

DCF Models₹1,139
Earnings-Based₹1,310
Dividend Discount₹53.61
Multiples₹1,110
Asset-Based₹275
Growth DCF₹569
Economic Profit₹953
Growth Earnings₹1,743

19 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Zhejiang Kaier New Materials
Bear ¥0.78Fair Value ¥0.93Bull ¥1.07
¥9.63 = current price (white tick)
JSW Steel
Bear ₹622Fair Value ₹1,140Bull ₹1,703
₹1,270 = current price (white tick)

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.

Zhejiang Kaier New Materials · Materials

Quality score53 · above median
Fair value upside-90% · bottom 25%

JSW Steel · Materials

Quality score52 · above median
Fair value upside-10% · above median

Bottom line

As of Aug 15, 2026, Fair Value Calculator sees JSW Steel as the less overvalued of the two: Zhejiang Kaier New Materials trades at ¥9.63 versus a fair value of ¥0.93 (-90%), while JSW Steel trades at ₹1,270 versus ₹1,140 (-10%).

Zhejiang Kaier New Materials has the higher quality score (53/100).

See the full analysis →

More comparisons

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

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 21 models. Values change with price and fundamentals; the date shown above applies.