EN DE

Beijing Shougang Co (000959) Fair Value & Analysis

Basic Materials · CN · Market cap 26.2B CNY

BS Beijing Shougang Co 000959 · SHE
Price¥3.72
Fair Value¥3.44
Upside-7.5%
Quality55/100
Watch Beijing Shougang Co for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 0.8% net margin
Low debt · generates free cash flow
1.22% dividend yield
Mixed vs. peers (7/15)
Narrow moat 23/100
Evidence: Medium Range ¥1.64 – ¥3.75 Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 20 days ago

Share price +6.6% 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 (¥1.64 to ¥3.75) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥8.84 ¥2.50 Fair Value ¥3.44 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 ¥2.50 – ¥8.84 · fair‑value band ¥1.64 – ¥3.75 · the ¥3.72 price screens above the ¥3.44 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Beijing Shougang Co (000959) currently trades at ¥3.72, while our model-based Fair Value estimate is ¥3.44, implying the stock looks roughly 7.5% fairly valued today. The Quality Score stands at 55/100 (solid quality), in the Basic Materials 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, Beijing Shougang Co generated revenue of 101B CNY at a net margin of 0.8%. Revenue declined 5.7% year over year. It earns a return on equity of 1.6%. Net debt stands at 19.1B CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥1.64 (bear case) to ¥3.75 (bull case); at ¥3.72, 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 36% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at -8%, 000959 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 ¥12.55 ¥20.62 ¥33.70 80
Residual Income ¥4.56 ¥4.32 ¥3.40 76
Rev-Margin DCF ¥6.39 ¥9.11 ¥12.50 74
All 24 models by family
DCF Models
FCF DCF ¥12.50 ¥20.91 ¥34.70 38
Owner Earnings ¥14.09 ¥23.59 ¥39.17 31
5Y Revenue Exit ¥6.39 ¥8.98 ¥12.18 39
5Y EBITDA Exit ¥10.69 ¥17.47 ¥25.63 41
5Y P/E Exit ¥5.36 ¥6.95 ¥8.56 38
10Y Revenue Exit ¥8.31 ¥11.34 ¥15.35 36
10Y EBITDA Exit ¥11.21 ¥17.41 ¥26.14 37
10Y P/E Exit ¥7.74 ¥9.89 ¥12.45 35
Earnings-Based
Graham-Dodd ¥0.8700 ¥3.44 ¥4.67 54
Lynch FV ¥0.8500 ¥1.21 ¥1.58 50
PEG = 1.0 ¥0.8500 ¥1.21 ¥1.58 46
EPV ¥3.24 ¥3.73 ¥4.16 59
Multiples
P/E Multiple ¥1.64 ¥2.18 ¥2.73 63
P/S Multiple ¥1.64 ¥2.18 ¥2.73 58
P/B Multiple ¥1.64 ¥2.18 ¥2.73 55
EV/EBIT ¥3.90 ¥5.10 ¥6.30 53
EV/EBITDA ¥10.76 ¥14.24 ¥17.72 54
EV/Revenue ¥3.42 ¥4.76 ¥6.09 43
Asset-Based
NCAV (Graham) ¥3.25 ¥4.35 ¥6.49 50
Growth DCF
Growth DCF ¥12.55 ¥20.62 ¥33.70 80
Rev-Margin DCF ¥6.39 ¥9.11 ¥12.50 74
Economic Profit
Residual Income ¥4.56 ¥4.32 ¥3.40 76
ROIC Compounder ¥3.24 ¥3.73 ¥4.16 72
Growth Earnings
Growth-Adj P/E ¥1.34 ¥1.91 ¥2.48 68

Widest divergence: DCF Models (¥11.34) versus Earnings-Based (¥1.21). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 101B CNY
Revenue growth (YoY) -5.7%
Net margin 0.8%
Return on equity 1.6%
Free cash flow 7.8B CNY FY2025
P/E ratio 30.7
More key figures
Operating margin 2.3%
EPS (TTM) ¥0.1100
Dividend yield 1.2%
EPS growth (YoY) -46.8%
Net debt 19.1B CNY FY2025

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

Quality Score breakdown

Overall quality 55/100

Of which business quality 54 · Market factors (momentum, volatility) 34

Profitability 25
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 34
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 77
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

Beijing Shougang Co., Ltd. manufactures and sells steel and other by-products in Mainland China and Hong Kong. The company offers oriented and non-oriented electrical steel; hot plates comprising hot-rolled pickling sheets, weather-resistant, automobile structural steels, construction machinery, automobile structure, pipeline, and carbon special steel; …

Full company description

Beijing Shougang Co., Ltd. manufactures and sells steel and other by-products in Mainland China and Hong Kong. The company offers oriented and non-oriented electrical steel; hot plates comprising hot-rolled pickling sheets, weather-resistant, automobile structural steels, construction machinery, automobile structure, pipeline, and carbon special steel; plates products, such as bridge, energy, marine and offshore, and pipeline steel; and automobile sheets, tine sheets, cold-rolled special-use plates, and color color-coated sheet. It also engages in power, solid waste, and other businesses. Its products are widely used in sectors such as automotive, power, energy, home appliances, food packaging, shipbuilding and offshore engineering, new energy vehicles, civil aviation, and humanoid robotics. Beijing Shougang Co., Ltd. was incorporated in 1999 and is based in Beijing, the People's Republic of China. Beijing Shougang Co., Ltd. operates as a subsidiary of Shougang Group Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Beijing Shougang Co reported revenue of ¥103B in FY2025 versus ¥133B in FY2021, a compound −6.2%/yr. Reported net income was ¥996M in FY2025, compounding −38.8%/yr from FY2021.

Growth Quality 58/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
103B CNY
Latest YoY
−5.0%
Avg. growth/yr (3Y)
−4.5%
Avg. growth/yr (5Y)
+5.2%
Avg. growth/yr (29Y)
+8.9%
Revenue −6.2%/yr
FY21 ¥133B
FY22 ¥118B
FY23 ¥114B
FY24 ¥108B
FY25 ¥103B
Net income −38.8%/yr
FY21 ¥7.1B
FY22 ¥1.1B
FY23 ¥664M
FY24 ¥471M
FY25 ¥996M

Watch 000959: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Beijing Shougang Co Fair Value". https://www.fairvalue-calculator.com/stock/000959

Peer Group

Steel · 378 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 55 · Above median
Fair Value upside −8% · Above median
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth -6% · Below median
Dividend yield (TTM) 1.2% · Below median
Debt / equity 0.17× · Higher than median

Valuation Multiples vs Steel median · lower = cheaper

P/E (TTM) 30.7× · Pricier than median
P/B 0.52× · Cheaper than median
P/S (TTM) 0.26× · Cheaper than median
P/FCF 0.5× · Cheaper than median
EV/EBITDA 2.4× · Cheaper than 75% of peers
PEG 0.27× · Cheaper than 75% of peers

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 23 · sector 20
FUTURE 0 · sector 4
PAST 6 · sector 15
HEALTH 92 · sector 95
DIVIDEND 24 · sector 41

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

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%
Ternium S.A TXR 17,780 ARS 27,210 ARS +53%

Compare Beijing Shougang Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Beijing Shougang Co (000959) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥3.44 versus a price of ¥3.72, about −8% (fairly valued).
What is the fair value of 000959?
Our model-based fair value for Beijing Shougang Co is ¥3.44 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥3.72.
What is the quality score of 000959?
Beijing Shougang Co has a Quality Score of 55/100. 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 Beijing Shougang Co (000959)?
Beijing Shougang Co reported trailing-twelve-month revenue of about 101B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 000959?
The net profit margin of Beijing Shougang Co is about 0.8%, meaning it keeps roughly 0.8% of revenue as net income. Based on the latest reported figures.
Does Beijing Shougang Co pay a dividend?
Beijing Shougang Co currently shows a dividend yield of about 1.22% 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.

14 days Pro free · no card

Track Beijing Shougang Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.