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Guangdong Goworld Co (000823) Fair Value & Analysis

Technology · CN · Market cap 11.9B CNY

GG Guangdong Goworld Co 000823 · SHE
Price¥15.14
Fair Value¥7.49
Upside-50.5%
Quality65/100
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Healthy Growth
Thin margins · 3.3% net margin
Low debt · generates free cash flow
1.10% dividend yield
Mixed vs. peers (7/15)
Narrow moat 32/100
Evidence: Medium Range ¥5.61 – ¥9.36 Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price −21.6% over the past month.

A solid business, but screening 51% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥9.36). The favourable scenario is already priced in.
  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥28.46 ¥5.80 Fair Value ¥7.49 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 ¥5.80 – ¥28.46 · fair‑value band ¥5.61 – ¥9.36 · the ¥15.14 price screens above the ¥7.49 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

Guangdong Goworld Co (000823) currently trades at ¥15.14, while our model-based Fair Value estimate is ¥7.49, implying the stock looks roughly 50.5% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Guangdong Goworld Co generated revenue of 6.4B CNY at a net margin of 3.3%. Revenue grew 6.8% year over year. It earns a return on equity of 4.8%. The balance sheet holds a net cash position of 236M CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥5.61 (bear case) to ¥9.36 (bull case); at ¥15.14, the current price sits above 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 27% below its 52-week high and 44% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -16% fair-value upside, at -51%, 000823 screens richer 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 ¥13.08 ¥19.96 ¥31.07 80
Residual Income ¥6.25 ¥6.29 ¥5.90 76
Rev-Margin DCF ¥9.26 ¥12.94 ¥17.47 74
All 26 models by family
DCF Models
FCF DCF ¥13.03 ¥20.18 ¥31.85 38
Owner Earnings ¥9.90 ¥14.92 ¥23.10 31
5Y Revenue Exit ¥9.26 ¥12.89 ¥17.54 39
5Y EBITDA Exit ¥12.50 ¥19.27 ¥27.42 41
5Y P/E Exit ¥9.44 ¥13.26 ¥17.36 38
10Y Revenue Exit ¥10.32 ¥14.09 ¥19.28 36
10Y EBITDA Exit ¥12.59 ¥18.64 ¥27.19 37
10Y P/E Exit ¥10.60 ¥14.35 ¥19.14 35
Earnings-Based
Graham-Dodd ¥2.55 ¥9.91 ¥13.44 54
Lynch FV ¥2.43 ¥3.48 ¥4.52 50
PEG = 1.0 ¥2.43 ¥3.48 ¥4.52 46
EPV ¥7.22 ¥8.00 ¥8.68 59
Dividend Discount
Gordon GGM ¥1.66 ¥3.45 ¥5.47 70
DDM Multi-Stage ¥1.66 ¥2.91 ¥3.62 61
Multiples
P/E Multiple ¥5.61 ¥7.49 ¥9.36 63
P/S Multiple ¥4.77 ¥6.36 ¥7.95 58
P/B Multiple ¥4.77 ¥6.36 ¥7.95 55
EV/EBIT ¥9.90 ¥12.35 ¥14.80 53
EV/EBITDA ¥13.23 ¥16.79 ¥20.35 54
EV/Revenue ¥7.51 ¥9.63 ¥11.75 43
Asset-Based
NCAV (Graham) ¥4.11 ¥5.51 ¥8.22 50
Growth DCF
Growth DCF ¥13.08 ¥19.96 ¥31.07 80
Rev-Margin DCF ¥9.26 ¥12.94 ¥17.47 74
Economic Profit
Residual Income ¥6.25 ¥6.29 ¥5.90 76
ROIC Compounder ¥7.22 ¥8.00 ¥9.34 72
Growth Earnings
Growth-Adj P/E ¥4.24 ¥6.05 ¥7.87 68

Widest divergence: DCF Models (¥14.35) versus Dividend Discount (¥2.91). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 6.4B CNY
Revenue growth (YoY) +6.8%
Net margin 3.3%
Return on equity 4.8%
Free cash flow 514M CNY FY2025
P/E ratio 50.2
More key figures
Operating margin 5.0%
EPS (TTM) ¥0.4000
Dividend yield 1.1%
EPS growth (YoY) -21.1%
Net cash 236M CNY FY2025

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 64 · Market factors (momentum, volatility) 54

Profitability 31
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 64
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 87
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

Guangdong Goworld Co., Ltd. provides printed circuit boards, liquid crystal displays and touch screens, copper clad laminates and prepregs, and ultrasonic electronic instruments in China. It also exports its products. The company was founded in 1997 and is based in Shantou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangdong Goworld Co reported revenue of ¥6.3B in FY2025 versus ¥6.7B in FY2021, a compound −1.6%/yr. Reported net income was ¥222M in FY2025, compounding −12.3%/yr from FY2021.

Growth Quality 67/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
6.3B CNY
Latest YoY
+9.6%
Avg. growth/yr (3Y)
−1.9%
Avg. growth/yr (5Y)
+4.1%
Avg. growth/yr (31Y)
+13.0%
Revenue −1.6%/yr
FY21 ¥6.7B
FY22 ¥6.7B
FY23 ¥5.5B
FY24 ¥5.8B
FY25 ¥6.3B
Net income −12.3%/yr
FY21 ¥376M
FY22 ¥417M
FY23 ¥196M
FY24 ¥216M
FY25 ¥222M

000823 screens 51% overvalued. Compare with Apple Inc →

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Cite: Fair Value Calculator (2026). "Guangdong Goworld Co Fair Value". https://www.fairvalue-calculator.com/stock/000823

Peer Group

Consumer Electronics · 129 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 65 · Top 25%
Fair Value upside −51% · Below median
Return on equity (TTM) 5% · Above median
Return on assets 3% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth 7% · Above median
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.08× · Higher than median

Valuation Multiples vs Consumer Electronics median · lower = cheaper

P/E (TTM) 50.2× · Pricier than 75% of peers
P/B 2.44× · Pricier than median
P/S (TTM) 1.86× · Pricier than 75% of peers
P/FCF 3.4× · Pricier than median
EV/EBITDA 16.3× · Pricier than median
PEG 0.78× · 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 0 · sector 8
FUTURE 34 · sector 13
PAST 19 · sector 10
HEALTH 96 · sector 97
DIVIDEND 22 · sector 29

VALUE 0: the price sits above our fair-value range.

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 Consumer Electronics stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Apple Inc AAPL $313.33 $122.91 -61%
Samsung Electronics Co 005930 255,000 KRW 138,019 KRW -46%
Sony Group SONYN 366.00 MXN 468.94 MXN +28%
Xiaomi Corporation 1810 HK$26.88 HK$39.84 +48%
LG Electronics Inc 066570 179,000 KRW 101,531 KRW -43%
Sharetronic Data Technology Co 300857 ¥277.96 ¥35.89 -87%
Huaqin Co 603296 ¥78.20 ¥65.69 -16%
Goertek Inc 002241 ¥22.25 ¥18.86 -15%
LG Corp 003550 102,400 KRW 93,881 KRW -8%
Anker Innovations Limited 300866 ¥105.92 ¥78.52 -26%

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Frequently asked questions

Is Guangdong Goworld Co (000823) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥7.49 versus a price of ¥15.14, about −51% (overvalued).
What is the fair value of 000823?
Our model-based fair value for Guangdong Goworld Co is ¥7.49 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥15.14.
What is the quality score of 000823?
Guangdong Goworld Co has a Quality Score of 65/100. 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 Guangdong Goworld Co (000823)?
Guangdong Goworld Co reported trailing-twelve-month revenue of about 6.4B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 000823?
The net profit margin of Guangdong Goworld Co is about 3.3%, meaning it keeps roughly 3.3% of revenue as net income. Based on the latest reported figures.
Does Guangdong Goworld Co pay a dividend?
Guangdong Goworld Co currently shows a dividend yield of about 1.10% 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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