Ningxia Orient Tantalum Industry Co Ltd (000962) fair value: what the stock is really worth
As of Sep 22, 2026: fair value of Ningxia Orient Tantalum Industry Co Ltd ¥30.90, price ¥60.53, upside -49.0%, quality 37 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Ningxia Orient Tantalum Industry Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ¥7.61 – ¥90.60 · fair‑value band ¥22.52 – ¥39.21 · the ¥60.53 price screens above the ¥30.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Ningxia Orient Tantalum Industry Co in your weekly email
Every Wednesday you see whether Ningxia Orient Tantalum Industry Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Ningxia Orient Tantalum Industry Co., Ltd., together with its subsidiaries, engages in the research, design, development, production, processing, and sale of rare metal products in China and internationally. It offers tantalum, niobium, beryllium, titanium, nickel, hafnium, zirconium, vanadium, and molybdenum, as well as alloys and compounds.
Show more
Ningxia Orient Tantalum Industry Co., Ltd., together with its subsidiaries, engages in the research, design, development, production, processing, and sale of rare metal products in China and internationally. It offers tantalum, niobium, beryllium, titanium, nickel, hafnium, zirconium, vanadium, and molybdenum, as well as alloys and compounds. The company is also involved in import and export trade; additive manufacturing; and sale of basic 3D printing materials. Its products are used in electronics, communications, aviation, aerospace, metallurgy, petroleum, chemical industry, sports, medical, and atomic and solar energy sectors. The company was founded in 1999 and is based in Shizuishan, China.
Stock analysis
Ningxia Orient Tantalum Industry Co Ltd (000962) currently trades at ¥60.53, while our model-based Fair Value estimate is ¥30.90, implying the stock looks roughly 95.9% overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥7.22 per share, and 0 of the 16 models we run sit above the ¥60.53 price.
Bear case: the Economic Profit group reads lowest at ¥3.18, and 16 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: ¥22.52 (bear) to ¥39.21 (bull), the price of ¥60.53 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 37/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Ningxia Orient Tantalum Industry Co Ltd reported revenue of 1.5B CNY in FY2025 versus 795M CNY in FY2021, a compound +18.0%/yr. Reported net income was 258M CNY in FY2025, compounding +33.7%/yr from FY2021.
Key figures
Market cap 30.6B CNY (≈ $4.6B) · P/E ratio 118.7 · P/S ratio 19.9 · EPS (TTM) ¥0.5100 · Dividend yield 0.3% · Net margin 16.7% · Return on equity 7.7% · Return on assets (EBIT) 6.5%.
What moves the price
The share trades about 12% below its 52-week high and 293% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at −49%, 000962 screens richer than that median.
Fair Value models
Bear ¥22.52Fair Value ¥30.90Bull ¥39.21
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (¥0.2553 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+20.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.9%
Start year 2020 (pandemic). Over 10 years: +3.6% a year
Revenue growth 29 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.8%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+35.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+35.5%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.36% vs 23%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 12%
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 7.5%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Ningxia Orient Tantalum Industry Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Other Industrial Metals & Mining · 459 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score37 · Below median
Fair Value upside−49% · Below median
Profitability
Return on equity (TTM)8% · Above median
Return on assets3% · Above median
Net margin (TTM)15% · Above median
Operating margin (TTM)10% · Above median
Growth and dividend
Revenue growth41% · Above median
Dividend yield (TTM)0.3% · Bottom 25%
Balance sheet
Debt / equity0.16× · Above median
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
P/E (TTM)118.7× · Priciest 25%
P/B11.04× · Priciest 25%
P/S (TTM)18.17× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 38
PAST (return on equity)31· sector 0
HEALTH (low debt)92· sector 95
DIVIDEND (yield)5· sector 29
VALUE 0: the price sits above our fair-value range.
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). "Ningxia Orient Tantalum Industry Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/000962
Frequently asked questions
Is Ningxia Orient Tantalum Industry Co Ltd (000962) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ¥30.90 versus a price of ¥60.53, about −49% upside (overvalued).
What is the fair value of 000962?
Our model-based fair value for Ningxia Orient Tantalum Industry Co Ltd is ¥30.90 (as of Sep 24, 2026), built from audited fundamentals. The current price: ¥60.53.
What is the quality score of 000962?
Ningxia Orient Tantalum Industry Co Ltd has a Quality Score of 37/100. 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 price target for Ningxia Orient Tantalum Industry Co Ltd (000962)?
Our model-based price target is the fair value of ¥30.90 (as of Sep 24, 2026) from 16 valuation models. Cautious scenario ¥22.52, optimistic scenario ¥39.21. It is a calculation from audited fundamentals, not an analyst target.
What is the Ningxia Orient Tantalum Industry Co Ltd stock forecast for 2026?
Our models put fair value at ¥30.90, about −49% upside versus a price of ¥60.53 (overvalued). Cautious scenario ¥22.52, optimistic scenario ¥39.21. The calculation is refreshed regularly with new filings.
What is the revenue of Ningxia Orient Tantalum Industry Co Ltd (000962)?
Ningxia Orient Tantalum Industry Co Ltd reported trailing-twelve-month revenue of about 1.7B CNY (latest available figure, as of Sep 24, 2026).
Does Ningxia Orient Tantalum Industry Co Ltd pay a dividend?
Ningxia Orient Tantalum Industry Co Ltd currently shows a dividend yield of about 0.27% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Ningxia Orient Tantalum Industry Co Ltd (000962)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ningxia Orient Tantalum Industry Co Ltd it is ¥30.90 per share (as of Sep 24, 2026), against a price of ¥60.53. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Ningxia Orient Tantalum Industry Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 000962 trades above its calculated fair value: price ¥60.53, fair value ¥30.90, a gap of about −49% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 000962?
No. The price is what the market pays today (¥60.53); the fair value is what the company's own numbers justify (¥30.90). For Ningxia Orient Tantalum Industry Co Ltd the two are ¥29.63 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ningxia Orient Tantalum Industry Co Ltd worth?
The market values Ningxia Orient Tantalum Industry Co Ltd at about 30.6B CNY (market capitalisation, as of Sep 24, 2026). Per share that is ¥60.53; our models calculate a fair value of ¥30.90 per share.
What do the bullish and bearish scenarios say about 000962?
Our models span a range for Ningxia Orient Tantalum Industry Co Ltd: cautious scenario ¥22.52, base ¥30.90, optimistic ¥39.21 per share (as of Sep 24, 2026, price ¥60.53). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 000962?
Ningxia Orient Tantalum Industry Co Ltd trades at a price-to-earnings ratio of 118.7 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥30.90 is built from several models across several years. Other multiples: P/B 11.0, P/S 18.2.
How solid is the balance sheet of Ningxia Orient Tantalum Industry Co Ltd (000962)?
Balance-sheet figures for Ningxia Orient Tantalum Industry Co Ltd (as of Sep 24, 2026): return on equity 7.7%, debt of 0.16 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is 000962 from its 52-week high?
Ningxia Orient Tantalum Industry Co Ltd trades at ¥60.53, about 12% below its 52-week high of ¥68.90 and 293% above the low of ¥15.40 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of ¥30.90 is for.
Which stocks are comparable to Ningxia Orient Tantalum Industry Co Ltd?
From the same area (Basic Materials) we also value Vale S.A, Saudi Arabian Mining Company, CMOC Group, Fortescue Ltd, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ningxia Orient Tantalum Industry Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price ¥60.53, calculated fair value ¥30.90 (−49%), Quality Score 37/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 000962 calculated?
We run Ningxia Orient Tantalum Industry Co Ltd through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥30.90, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Ningxia Orient Tantalum Industry Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Ningxia Orient Tantalum Industry Co Ltd (000962)?
The closing price on Sep 22, 2026 was ¥60.53. Our model-based fair value is ¥30.90, about −49% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ningxia Orient Tantalum Industry Co Ltd right now?
The price sits above even our optimistic bull case (¥39.21). The favourable scenario is already priced in. Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Ningxia Orient Tantalum Industry Co Ltd
How large is the market capitalisation of Ningxia Orient Tantalum Industry Co Ltd (000962)?
The market capitalisation of Ningxia Orient Tantalum Industry Co Ltd is 30.6B CNY (≈ $4.6B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Ningxia Orient Tantalum Industry Co Ltd (000962)?
The price-to-sales ratio of Ningxia Orient Tantalum Industry Co Ltd is 19.9 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ningxia Orient Tantalum Industry Co Ltd (000962)?
Earnings per share at Ningxia Orient Tantalum Industry Co Ltd are ¥0.5100 (price ÷ EPS = P/E 118.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ningxia Orient Tantalum Industry Co Ltd (000962)?
The dividend yield of Ningxia Orient Tantalum Industry Co Ltd is 0.3% (payout 31.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Ningxia Orient Tantalum Industry Co Ltd (000962)?
The net margin of Ningxia Orient Tantalum Industry Co Ltd is 16.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ningxia Orient Tantalum Industry Co Ltd (000962)?
The return on equity (ROE) of Ningxia Orient Tantalum Industry Co Ltd is 7.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ningxia Orient Tantalum Industry Co Ltd (000962)?
On an EBIT basis the return on assets of Ningxia Orient Tantalum Industry Co Ltd is 6.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ningxia Orient Tantalum Industry Co Ltd (000962)?
The operating margin of Ningxia Orient Tantalum Industry Co Ltd is 9.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ningxia Orient Tantalum Industry Co Ltd (000962)?
Revenue at Ningxia Orient Tantalum Industry Co Ltd is growing +41.1% versus a year earlier (3y avg +16.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ningxia Orient Tantalum Industry Co Ltd (000962)?
Earnings per share at Ningxia Orient Tantalum Industry Co Ltd are growing −5.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Ningxia Orient Tantalum Industry Co Ltd (000962) generate?
The free cash flow of Ningxia Orient Tantalum Industry Co Ltd is −834M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Ningxia Orient Tantalum Industry Co Ltd (000962) carry?
The net debt of Ningxia Orient Tantalum Industry Co Ltd is 199M CNY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Ningxia Orient Tantalum Industry Co Ltd in the live analysis
One click puts Ningxia Orient Tantalum Industry Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
