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STOCK COMPARISON

Zhejiang Zhe Kuang Heavy Industry  vs Caterpillar: Fair Value & Quality

Both stocks run through our valuation models. Here is how Zhejiang Zhe Kuang Heavy Industry  (300837) and Caterpillar (CAT) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Zhejiang Zhe Kuang Heavy Industry  as the less overvalued of the two: Zhejiang Zhe Kuang Heavy Industry  trades at ¥22.69 versus a fair value of ¥11.36 (-50%), while Caterpillar trades at $812 versus $308 (-62%).
Zhejiang Zhe Kuang Heavy Industry 
300837.SHE · CNY · Industrials
-50%
upside to fair value
overvalued
Price¥22.69
Fair Value¥11.36
Quality50/100
Caterpillar
CAT · USD · Industrials
-62%
upside to fair value
overvalued
Price$812
Fair Value$308
Quality65/100
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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

Zhejiang Zhe Kuang Heavy Industry Caterpillar
Valuation
32.9×P/E (TTM)40.8×
4.20×P/S (TTM)6.11×
1.91×P/B20.27×
24.1×EV/EBITDA31.1×
n/aPEG2.25×
−49.9%Fair value upside−62.1%
1.3%Dividend yield0.7%
¥0.30Dividend per share$6.16
Profitability
12%Operating margin18%
0.47×EBIT margin trend (5Y)1.52×
5%Return on equity51%
2%Return on assets9%
Growth
-13%Revenue growth (YoY)22%
-0.7%Avg. growth/yr (3Y)4.4%
8.0%Avg. growth/yr (5Y)10.1%
−9.9%Value creation/yr+12.7%
Balance & size
50.5×Interest coverage (EBIT/interest)10.9×
0.21×Debt / equity1.44×
$412MMarket cap$432B
mixedGrowth qualityhealthy

Zhejiang Zhe Kuang Heavy Industry  leads: 8 to 7 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.

Zhejiang Zhe Kuang Heavy Industry of which business quality 49 · market factors 25 Caterpillarof which business quality 61 · market factors 55
ProfitabilityMargins and returns on capital today
29
61
Quality GrowthAre margins and returns improving?
31
22
CashflowEarnings quality: real cash, not paper profit
4
68
Fin. StrengthBalance sheet, leverage, solvency risk
88
51
InvestmentDisciplined investing over empire-building
66
72
Low VolatilityCalm price path (market factor)
41
31
MomentumPrice trend over the last 3–12 months (market factor)
20
58
52W MomentumDistance to the 52-week high (market factor)
17
79
Net IssuanceShare count: buybacks or dilution?
91
97

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 familyZhejiang Zhe Kuang Heavy Industry Price ¥22.69CaterpillarPrice $812
DCF Models-20%below the price¥18.23-53%below the price$384
Earnings-Based-50%below the price¥11.36-81%below the price$151
Dividend Discountn/a-86%below the price$112
Multiples-36%below the price¥14.50-61%below the price$315
Asset-Based-57%below the price¥9.71-96%below the price$31.07
Growth DCFn/a-57%below the price$346
Economic Profit-61%below the price¥8.96-73%below the price$221
Growth Earnings-27%below the price¥16.50-55%below the price$361
Minimum-61%below the price¥8.96-96%below the price$31.07
Maximum-20%below the price¥18.23-53%below the price$384
Median-43%below the price¥12.93-67%below the price$268
Geometric mean-44%below the price¥12.76-77%below the price$191

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%.

Zhejiang Zhe Kuang Heavy Industry : 14 of 15 models see the stock below the current price.

Caterpillar: 26 of 26 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.

Zhejiang Zhe Kuang Heavy Industry 
Price ¥22.69
Fair Value ¥11.36
Bear ¥10.48Bull ¥14.77
Caterpillar
Price $812
Fair Value $308
Bear $204Bull $462

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Ranked within their sector

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

Zhejiang Zhe Kuang Heavy Industry  · Industrials

Quality score50 · below median
Fair value upside-50% · below median

Caterpillar · Industrials

Quality score65 · Top 25%
Fair value upside-62% · bottom 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Zhejiang Zhe Kuang Heavy Industry  as the less overvalued of the two: Zhejiang Zhe Kuang Heavy Industry  trades at ¥22.69 versus a fair value of ¥11.36 (-50%), while Caterpillar trades at $812 versus $308 (-62%).

Caterpillar has the higher quality score (65/100).

Open Zhejiang Zhe Kuang Heavy Industry  live analysis →

More comparisons

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