EN DE
STOCK COMPARISON

Shandong Hi-speed Co vs Merchant Express Class A: Fair Value & Quality

Both stocks run through our valuation models. Here is how Shandong Hi-speed Co (600350) and Merchant Express Class A (001965) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees Merchant Express Class A as the less overvalued of the two: Shandong Hi-speed Co trades at ¥10.86 versus a fair value of ¥8.68 (-20%), while Merchant Express Class A trades at ¥9.44 versus ¥9.16 (-3%).
Shandong Hi-speed Co
600350.SHG · CNY · Industrials
-20%
upside to fair value
overvalued
Price¥10.86
Fair Value¥8.68
Quality52/100
Merchant Express Class A
001965.SHE · CNY · Industrials
-3%
upside to fair value
fairly valued
Price¥9.44
Fair Value¥9.16
Quality59/100

Head-to-head numbers

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

Shandong Hi-speed CoMerchant Express Class A
Valuation
19.7×P/E (TTM)15.0×
2.18×P/S (TTM)4.77×
1.18×P/B0.91×
11.1×EV/EBITDA16.3×
0.93×PEG—
3.9%Dividend yield3.8%
¥0.42Dividend per share¥0.37
Profitability
13%Net margin33%
32%Operating margin20%
7%Return on equity6%
2%Return on assets1%
Growth
4%Revenue growth (YoY)27%
20.7%Avg. growth/yr (3Y)17.2%
22.3%Avg. growth/yr (5Y)13.6%
Balance & size
1.29×Debt / equity0.65×
$8BMarket cap$10B
expensiveGrowth qualityhealthy

Shandong Hi-speed Co leads: 8 to 5 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.

Shandong Hi-speed Coof which business quality 48 · market factors 56 Merchant Express Class Aof which business quality 57 · market factors 48
ProfitabilityMargins and returns on capital today
27
34
Quality GrowthAre margins and returns improving?
54
48
CashflowEarnings quality: real cash, not paper profit
61
85
Fin. StrengthBalance sheet, leverage, solvency risk
17
33
InvestmentDisciplined investing over empire-building
50
55
Low VolatilityCalm price path (market factor)
81
92
MomentumPrice trend over the last 3–12 months (market factor)
47
34
52W MomentumDistance to the 52-week high (market factor)
43
20
Net IssuanceBuybacks instead of dilution
100
94

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.

Shandong Hi-speed Co

DCF Models¥4.98
Earnings-Based¥8.68
Multiples¥11.27
Asset-Based¥6.17
Economic Profit¥3.97
Growth Earnings¥13.28

11 of 18 models see the stock below the current price.

Merchant Express Class A

DCF Models¥12.99
Earnings-Based¥10.25
Dividend Discount¥11.63
Multiples¥7.50
Asset-Based¥7.32
Growth DCF¥8.98
Economic Profit¥9.16
Growth Earnings¥15.42

8 of 23 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.

Shandong Hi-speed Co
Bear ¥7.97Fair Value ¥8.68Bull ¥13.95
¥10.86 = current price (white tick)
Merchant Express Class A
Bear ¥8.65Fair Value ¥9.16Bull ¥10.93
¥9.44 = 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.

Shandong Hi-speed Co · Industrials

Quality score52 · above median
Fair value upside-20% · above median

Merchant Express Class A · Industrials

Quality score59 · above median
Fair value upside-3% · above median

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees Merchant Express Class A as the less overvalued of the two: Shandong Hi-speed Co trades at ¥10.86 versus a fair value of ¥8.68 (-20%), while Merchant Express Class A trades at ¥9.44 versus ¥9.16 (-3%).

Merchant Express Class A has the higher quality score (59/100).

See the full analysis →
Shandong Hi-speed Co · Merchant Express Class A

More comparisons

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

Related to Shandong Hi-speed Co

Alphabet Inc Class C vs Verizon CommunicationsAlphabet Inc Class C vs At&tAlphabet Inc Class C vs NetEaseAmazon.com vs Toyota Motor Corporation

Related to Merchant Express Class A

Amazon.com vs PDD HoldingsAmazon.com vs Sony GroupMeta Platforms vs Verizon CommunicationsMeta Platforms vs At&t
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.