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CEVIA Enviro Inc (000885) Fair Value & Analysis

Industrials · CN · Market cap 8.2B CNY

CE CEVIA Enviro Inc 000885 · SHE
Price¥12.86
Fair Value¥26.61
Upside+106.9%
Quality49/100
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Mixed Growth
Solidly profitable · 19.2% net margin
Moderate debt · generates free cash flow
3.00% dividend yield
Ranks above peers (10/14)
Wide moat 68/100
Evidence: High Range ¥14.36 – ¥45.96 Share as image

Fair value as of: Jul 24, 2026

From 24 valuation models · updated 17 days ago

Share price +4.5% over the past month.

Below-average quality, screening 107% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (¥14.36). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (¥14.36 to ¥45.96). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

¥15.45 ¥7.55 Fair Value ¥26.61 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range ¥7.55 – ¥15.45 · fair‑value band ¥14.36 – ¥45.96 · the ¥12.86 price screens below the ¥26.61 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

CEVIA Enviro Inc (000885) currently trades at ¥12.86, while our model-based Fair Value estimate is ¥26.61, implying the stock looks roughly 106.9% undervalued today. The Quality Score stands at 49/100 (below-average 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: high), always confirm before acting.

Over the trailing twelve months, CEVIA Enviro Inc generated revenue of 6.7B CNY at a net margin of 19.2%. Revenue grew 5.9% year over year. It earns a return on equity of 13.2%. Net debt stands at 13.4B CNY. Fundamentals as of Jul 24, 2026

Our scenario range runs from ¥14.36 (bear case) to ¥45.96 (bull case); at ¥12.86, the current price sits below 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 17% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 25% fair-value upside, at 107%, 000885 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 ¥13.79 ¥37.50 80
Residual Income ¥13.84 ¥16.72 ¥35.60 76
Rev-Margin DCF ¥3.79 ¥16.26 74
All 24 models by family
DCF Models
FCF DCF ¥16.13 ¥44.58 38
Owner Earnings ¥6.46 ¥28.37 ¥66.79 31
5Y Revenue Exit ¥3.97 ¥16.90 39
5Y EBITDA Exit ¥11.07 ¥39.36 ¥76.14 41
5Y P/E Exit ¥2.70 ¥21.51 ¥43.68 38
10Y Revenue Exit ¥5.50 ¥20.59 36
10Y EBITDA Exit ¥7.07 ¥31.35 ¥70.70 37
10Y P/E Exit ¥1.57 ¥18.31 ¥43.25 35
Earnings-Based
Graham-Dodd ¥13.09 ¥68.03 ¥94.09 54
Lynch FV ¥18.62 ¥26.61 ¥34.59 50
PEG = 1.0 ¥18.62 ¥26.61 ¥34.59 46
EPV ¥5.46 ¥9.29 ¥12.60 59
Multiples
P/E Multiple ¥24.55 ¥32.73 ¥40.91 63
P/S Multiple ¥11.50 ¥15.33 ¥19.17 58
P/B Multiple ¥24.55 ¥32.73 ¥40.91 55
EV/EBIT ¥14.93 ¥26.18 ¥37.44 53
EV/EBITDA ¥19.00 ¥31.61 ¥44.22 54
EV/Revenue ¥1.10 43
Asset-Based
NCAV (Graham) ¥7.39 ¥9.90 ¥14.78 50
Growth DCF
Growth DCF ¥13.79 ¥37.50 80
Rev-Margin DCF ¥3.79 ¥16.26 74
Economic Profit
Residual Income ¥13.84 ¥16.72 ¥35.60 76
ROIC Compounder ¥5.46 ¥9.29 ¥12.60 72
Growth Earnings
Growth-Adj P/E ¥25.11 ¥35.87 ¥46.63 68

Widest divergence: Growth Earnings (¥35.87) versus Growth DCF (¥3.79). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 6.7B CNY
Revenue growth (YoY) +5.9%
Net margin 19.2%
Return on equity 13.2%
Free cash flow 939M CNY FY2025
P/E ratio 6.5
More key figures
Operating margin 31.8%
EPS (TTM) ¥1.99
Dividend yield 3.0%
EPS growth (YoY) +15.1%
Net debt 13.4B CNY FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 46 · Market factors (momentum, volatility) 49

Profitability 37
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 35
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 25
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

CEVIA Enviro Inc., together with its subsidiaries, engages in solid waste treatment business in China. The company engages in investment, construction and operation of domestic waste incineration power generation; hazardous waste, medical waste, and organic waste; and professional operation services.

Full company description

CEVIA Enviro Inc., together with its subsidiaries, engages in solid waste treatment business in China. The company engages in investment, construction and operation of domestic waste incineration power generation; hazardous waste, medical waste, and organic waste; and professional operation services. It also provides cleaning and sanitation, domestic waste collection and transportation, construction and operation of waste transfer stations, waste classification, landscaping and other urban waste sorting, and garbage classification services. In addition, the company is involved in the water supply and sewage treatment business; development and operation of toll expressways; provision of expressway-related supporting services, including maintenance, and repair and traffic safety management of the expressway. Further, it engages in medical hazardous waste business operation management; investment, construction, operation, and management of the venous industrial park; investment, construction, and operation of municipal solid waste incineration and coal-fired power generation projects; contracting of engineering projects; domestic waste sorting pilot operation project; commercial real estate development and operation; and manufacturing of special equipment. Additionally, the company provides business, piping and equipment installation, new energy investment and management, management of non-securities equity investments and related consulting, rental, urban and rural domestic waste related, and drainage services. CEVIA Enviro Inc. was founded in 1998 and is headquartered in Zhengzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CEVIA Enviro Inc reported revenue of ¥6.6B in FY2025 versus ¥5.6B in FY2021, a compound +3.8%/yr. Reported net income was ¥1.2B in FY2025, compounding +6.3%/yr from FY2021.

Growth Quality 94/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
6.6B CNY
Latest YoY
−0.7%
Avg. growth/yr (3Y)
+1.1%
Avg. growth/yr (5Y)
+14.0%
Avg. growth/yr (30Y)
+8.1%
Revenue +3.8%/yr
FY21 ¥5.6B
FY22 ¥6.4B
FY23 ¥6.5B
FY24 ¥6.6B
FY25 ¥6.6B
Net income +6.3%/yr
FY21 ¥968M
FY22 ¥1.1B
FY23 ¥1.1B
FY24 ¥1.1B
FY25 ¥1.2B

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Cite: Fair Value Calculator (2026). "CEVIA Enviro Inc Fair Value". https://www.fairvalue-calculator.com/stock/000885

Peer Group

Infrastructure Operations · 65 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 49 · Below median
Fair Value upside +107% · Top 25%
Return on equity (TTM) 13% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 19% · Above median
Operating margin (TTM) 32% · Above median
Revenue growth 6% · Above median
Dividend yield (TTM) 3.0% · Below median
Debt / equity 1.39× · Higher than 75% of peers

Valuation Multiples vs Infrastructure Operations median · lower = cheaper

P/E (TTM) 6.5× · Cheaper than 75% of peers
P/B 0.87× · Cheaper than median
P/S (TTM) 1.24× · Cheaper than median
P/FCF 1.3× · Pricier than median
EV/EBITDA 6.5× · 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 100 · sector 54
FUTURE 30 · sector 13
PAST 53 · sector 25
HEALTH 31 · sector 69
DIVIDEND 60 · sector 79

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 Infrastructure Operations stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

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Frequently asked questions

Is CEVIA Enviro Inc (000885) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of ¥26.61 versus a price of ¥12.86, about +107% (undervalued).
What is the fair value of 000885?
Our model-based fair value for CEVIA Enviro Inc is ¥26.61 (as of Jul 24, 2026), built from audited fundamentals. The current price is ¥12.86.
What is the quality score of 000885?
CEVIA Enviro Inc has a Quality Score of 49/100. 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 CEVIA Enviro Inc (000885)?
CEVIA Enviro Inc reported trailing-twelve-month revenue of about 6.7B CNY (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 000885?
The net profit margin of CEVIA Enviro Inc is about 19.2%, meaning it keeps roughly 19.2% of revenue as net income. Based on the latest reported figures.
Does CEVIA Enviro Inc pay a dividend?
CEVIA Enviro Inc currently shows a dividend yield of about 3.00% relative to its recent price (as of Jul 24, 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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