EN DE
STOCK COMPARISON

China Railway Signal & Commun vs Union Pacific: Fair Value & Quality

Both stocks run through our valuation models. Here is how China Railway Signal & Commun (3969) and Union Pacific (UNP) compare, as of Oct 1, 2026.

As of Oct 1, 2026, Fair Value Calculator sees China Railway Signal & Commun as the less overvalued of the two: China Railway Signal & Commun trades at HK$3.00 versus a fair value of HK$2.56 (−14.6%), while Union Pacific trades at $272 versus $153 (−43.6%).
China Railway Signal & Commun
3969.HK · HKD · Information Technology
−14.6%
upside to fair value
overvalued
PriceHK$3.00
Fair ValueHK$2.56
Quality58/100
Union Pacific
UNP · USD · Industrials
−43.6%
upside to fair value
overvalued
Price$272
Fair Value$153
Quality65/100
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

China Railway Signal & CommunUnion Pacific
Valuation
7.5×P/E (TTM)22.1×
n/aForward P/E (FY2027)19.2×
n/aMedian P/E at FY-end (10 FY, ex one-offs where documented)20.5×
0.80×P/S (TTM)6.36×
0.57×P/B8.75×
2.7×EV/EBITDA14.8×
n/aPEG2.72×
−14.6%Fair value upside−43.6%
6.5%Dividend yield2.0%
HK$0.20Dividend per share$5.52
Profitability
16.4%Operating margin41.0%
1.20×EBIT margin trend (5Y)1.00×
7.9%Return on equity39.7%
2.1%Return on assets9.3%
Growth
-4.4%Revenue growth (YoY)11.5%
n/aAvg. growth/yr (3Y)-0.5%
n/aAvg. growth/yr (5Y)4.6%
+5.5%Value creation/yr+9.5%
Balance & size
4,298.9×Interest coverage (EBIT/interest)7.5×
0.16×Debt / equity1.64×
$4BMarket cap$162B
expensiveGrowth qualityhealthy
Union Pacific, median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2020, FY2025 ex one-offs: 20.5.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.
Valuation multiples (P/E, P/S, P/B, EV/EBITDA) are shown but not scored here: the two companies sit in different sectors, and multiples only compare fairly between similar business models. PEG stays scored, as it relates the P/E to growth.

China Railway Signal & Commun leads: 5 to 4 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.

China Railway Signal & Communof which business quality 53 · market factors 48 Union Pacificof which business quality 61 · market factors 61
ProfitabilityMargins and returns on capital today
30
64
Quality GrowthAre margins and returns improving?
47
57
CashflowEarnings quality: real cash, not paper profit
3
71
Fin. StrengthBalance sheet, leverage, solvency risk
81
40
InvestmentDisciplined investing over empire-building
96
47
Low VolatilityCalm price path (market factor)
93
74
MomentumPrice trend over the last 3–12 months (market factor)
35
55
52W MomentumDistance to the 52-week high (market factor)
17
57
Net IssuanceShare count: buybacks or dilution?
94
86

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 familyChina Railway Signal & CommunPrice HK$3.00Union PacificPrice $272
DCF Models+152.0%above the priceHK$7.56−47.8%below the price$142
Earnings-Based+110.7%above the priceHK$6.32−64.3%below the price$97.24
Dividend Discount−13.3%close to the priceHK$2.60n/a
Multiples+229.3%above the priceHK$9.88−33.8%below the price$180
Asset-Based+16.7%above the priceHK$3.50−92.3%below the price$20.83
Growth DCFn/a−68.0%below the price$87.21
Economic Profit+86.2%above the priceHK$5.59−65.2%below the price$94.58
Growth Earnings+200.7%above the priceHK$9.02−24.9%below the price$204
Minimum−13.3%close to the priceHK$2.60−92.3%below the price$20.83
Maximum+229.3%above the priceHK$9.88−24.9%below the price$204
Median+110.7%above the priceHK$6.32−64.3%below the price$97.24
Geometric mean+92.8%above the priceHK$5.78−64.0%below the price$98.08

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%.

China Railway Signal & Commun: 3 of 16 models see the stock below the current price.

Union Pacific: 23 of 23 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.

China Railway Signal & Commun
Price HK$3.00
Fair Value HK$2.56
Bear HK$1.91Bull HK$2.97
Union Pacific
Price $272
Fair Value $153
Bear $85.18Bull $230

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.

China Railway Signal & Commun · Information Technology

Quality score58 · above median
Fair value upside−14.6% · above median

Union Pacific · Industrials

Quality score65 · Top 25%
Fair value upside−43.6% · below median

Bottom line

As of Oct 1, 2026, Fair Value Calculator sees China Railway Signal & Commun as the less overvalued of the two: China Railway Signal & Commun trades at HK$3.00 versus a fair value of HK$2.56 (−14.6%), while Union Pacific trades at $272 versus $153 (−43.6%).

Union Pacific has the higher quality score (65/100).

Open China Railway Signal & Commun live 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 26 models. Values change with price and fundamentals; the date shown above applies.