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Dongfang Electronics Co (000682) Fair Value & Analysis

Industrials · CN · Market cap 16.7B CNY

DE Dongfang Electronics Co 000682 · SHE
Price¥12.19
Fair Value¥12.21
Upside+0.2%
Quality61/100
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Healthy Growth
Solidly profitable · 12.1% net margin
Low debt · generates free cash flow
0.71% dividend yield
Ranks above peers (10/14)
Moderate moat 50/100
Evidence: Medium Range ¥9.88 – ¥18.70 Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from ¥13.81 to ¥12.21 (−11.6%) since Jun 25, 2026. Share price +2.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (¥9.88 to ¥18.70) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥15.30 ¥4.03 Fair Value ¥12.21 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range ¥4.03 – ¥15.30 · fair‑value band ¥9.88 – ¥18.70 · the ¥12.19 price screens below the ¥12.21 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Dongfang Electronics Co (000682) currently trades at ¥12.19, while our model-based Fair Value estimate is ¥12.21, implying the stock looks roughly 0.2% fairly valued today. The Quality Score stands at 61/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Dongfang Electronics Co generated revenue of 8.5B CNY at a net margin of 12.1%. Revenue grew 8.1% year over year. It earns a return on equity of 17.0%. The balance sheet holds a net cash position of 3.9B CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥9.88 (bear case) to ¥18.70 (bull case); at ¥12.19, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 21% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 0%, 000682 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥9.23 ¥14.17 ¥22.91 80
Residual Income ¥4.52 ¥5.95 ¥16.94 76
Rev-Margin DCF ¥9.30 ¥14.21 ¥20.85 74
All 24 models by family
DCF Models
FCF DCF ¥9.34 ¥14.91 ¥25.28 38
Owner Earnings ¥11.43 ¥18.99 ¥32.95 31
5Y Revenue Exit ¥9.30 ¥14.40 ¥21.56 39
5Y EBITDA Exit ¥9.78 ¥15.43 ¥22.76 41
5Y P/E Exit ¥12.19 ¥20.61 ¥30.69 38
10Y Revenue Exit ¥9.06 ¥14.01 ¥22.10 36
10Y EBITDA Exit ¥9.60 ¥14.78 ¥23.14 37
10Y P/E Exit ¥11.22 ¥18.68 ¥30.07 35
Earnings-Based
Graham-Dodd ¥4.63 ¥24.74 ¥34.28 54
Lynch FV ¥6.83 ¥9.76 ¥12.69 50
PEG = 1.0 ¥6.83 ¥9.76 ¥12.69 46
EPV ¥8.91 ¥9.83 ¥10.63 59
Multiples
P/E Multiple ¥10.71 ¥14.28 ¥17.86 63
P/S Multiple ¥8.67 ¥11.56 ¥14.45 58
P/B Multiple ¥8.67 ¥11.56 ¥14.45 55
EV/EBIT ¥11.60 ¥14.33 ¥17.07 53
EV/EBITDA ¥10.40 ¥12.73 ¥15.07 54
EV/Revenue ¥9.25 ¥11.76 ¥14.27 43
Asset-Based
NCAV (Graham) ¥2.21 ¥2.96 ¥4.41 50
Growth DCF
Growth DCF ¥9.23 ¥14.17 ¥22.91 80
Rev-Margin DCF ¥9.30 ¥14.21 ¥20.85 74
Economic Profit
Residual Income ¥4.52 ¥5.95 ¥16.94 76
ROIC Compounder ¥9.46 ¥11.16 ¥13.14 72
Growth Earnings
Growth-Adj P/E ¥10.07 ¥14.38 ¥18.70 68

Widest divergence: DCF Models (¥14.91) versus Asset-Based (¥2.96). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 8.5B CNY
Revenue growth (YoY) +8.1%
Net margin 12.1%
Return on equity 17.0%
Free cash flow 583M CNY FY2025
P/E ratio 16.1
More key figures
Operating margin 7.5%
EPS (TTM) ¥0.7700
Dividend yield 0.7%
EPS growth (YoY) +95.0%
Net cash 3.9B CNY FY2024

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 61 · Market factors (momentum, volatility) 54

Profitability 46
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 47
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Dongfang Electronics Co., Ltd., together with its subsidiaries, engages in the research, development, production, operation, technical servicing, and system integration of smart grid equipment and system solution in China, Southeast Asia, South Asia, the Middle East, Africa, Europe, and internationally.

Full company description

Dongfang Electronics Co., Ltd., together with its subsidiaries, engages in the research, development, production, operation, technical servicing, and system integration of smart grid equipment and system solution in China, Southeast Asia, South Asia, the Middle East, Africa, Europe, and internationally. The company offers scheduling and cloudification, including intelligent dispatch system and cloud-edge integrated smart grid dispatching system; power transmission and transformation automation, such as substation secondary system and power engineering and operation and maintenance services; and smart power distribution comprising intelligent power distribution system, smart charging for electric vehicles, and smart power system. It also provides integrated energy and virtual power plants; new energy and energy storage, which include energy storage system, power quality management, high voltage frequency conversion, shore power system, and new energy power generation; industrial internet and intelligent manufacturing, such as industrial internet, safe city, urban management, and rail transit; smart energy network security; and smart city solutions. The company's products are used in power, clean energy, petrochemicals, transportation, public utilities, and industrial park energy applications. It exports its products. The company was formerly known as Yantai Dongfang Electronics Information Industry Co., Ltd. and changed its name to Dongfang Electronics Co., Ltd. in June 2009. Dongfang Electronics Co., Ltd. was incorporated in 1994 and is headquartered in Yantai, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dongfang Electronics Co reported revenue of ¥8.4B in FY2025 versus ¥4.5B in FY2021, a compound +16.9%/yr. Reported net income was ¥912M in FY2025, compounding +27.3%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
8.4B CNY
Latest YoY
+11.0%
Avg. growth/yr (3Y)
+15.3%
Avg. growth/yr (5Y)
+17.4%
Avg. growth/yr (32Y)
+16.3%
Revenue +16.9%/yr
FY21 ¥4.5B
FY22 ¥5.5B
FY23 ¥6.5B
FY24 ¥7.5B
FY25 ¥8.4B
Net income +27.3%/yr
FY21 ¥348M
FY22 ¥438M
FY23 ¥541M
FY24 ¥684M
FY25 ¥912M

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Cite: Fair Value Calculator (2026). "Dongfang Electronics Co Fair Value". https://www.fairvalue-calculator.com/stock/000682

Peer Group

Electrical Equipment & Parts · 528 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Above median
Fair Value upside +0% · Top 25%
Return on equity (TTM) 17% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 7% · Above median
Revenue growth 8% · Below median
Dividend yield (TTM) 0.7% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 16.1× · Cheaper than 75% of peers
P/B 2.82× · Pricier than median
P/S (TTM) 1.96× · Pricier than median
P/FCF 4.2× · Cheaper than median
EV/EBITDA 14.8× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 34 · sector 0
FUTURE 41 · sector 57
PAST 68 · sector 26
HEALTH 100 · sector 97
DIVIDEND 14 · sector 18

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Dongfang Electronics Co (000682) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥12.21 versus a price of ¥12.19, about +0% (fairly valued).
What is the fair value of 000682?
Our model-based fair value for Dongfang Electronics Co is ¥12.21 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥12.19.
What is the quality score of 000682?
Dongfang Electronics Co has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Dongfang Electronics Co (000682)?
Dongfang Electronics Co reported trailing-twelve-month revenue of about 8.5B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 000682?
The net profit margin of Dongfang Electronics Co is about 12.1%, meaning it keeps roughly 12.1% of revenue as net income. Based on the latest reported figures.
Does Dongfang Electronics Co pay a dividend?
Dongfang Electronics Co currently shows a dividend yield of about 0.71% relative to its recent price (as of Jul 21, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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