EN DE

Infore Environment Technology Group (000967) Fair Value & Analysis

Industrials · CN · Market cap 34.7B CNY

IE Infore Environment Technology Group 000967 · SHE
Price¥9.35
Fair Value¥3.85
Upside-58.8%
Quality54/100
Watch Infore Environment Technology Group for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 4.0% net margin
Low debt · negative free cash flow
1.26% dividend yield
Trails peers (4/13)
Narrow moat 35/100
Evidence: High Range ¥2.58 – ¥4.30 Share as image

Fair value as of: Jul 21, 2026

From 17 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from ¥4.72 to ¥3.85 (−18.4%) since Jun 25, 2026. Share price −3.1% over the past month.

A solid business, but screening 59% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥4.30). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥16.42 ¥3.66 Fair Value ¥3.85 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 ¥3.66 – ¥16.42 · fair‑value band ¥2.58 – ¥4.30 · the ¥9.35 price screens above the ¥3.85 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

Infore Environment Technology Group (000967) currently trades at ¥9.35, while our model-based Fair Value estimate is ¥3.85, implying the stock looks roughly 58.8% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Industrials 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: high).

Over the trailing twelve months, Infore Environment Technology Group generated revenue of 14.6B CNY at a net margin of 4.0%. Revenue grew 23.2% year over year. It earns a return on equity of 3.2%. The balance sheet holds a net cash position of 1.6B CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥2.58 (bear case) to ¥4.30 (bull case); at ¥9.35, 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 45% below its 52-week high and 59% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -59%, 000967 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
Residual Income ¥3.76 ¥3.72 ¥3.24 76
ROIC Compounder ¥3.77 ¥4.31 ¥4.78 72
Gordon GGM ¥2.03 ¥4.22 ¥6.70 70
All 17 models by family
DCF Models
Owner Earnings ¥2.87 ¥5.31 ¥9.99 31
Earnings-Based
Graham-Dodd ¥1.11 ¥6.49 ¥9.04 54
Lynch FV ¥1.84 ¥2.63 ¥3.41 50
PEG = 1.0 ¥1.84 ¥2.63 ¥3.41 46
EPV ¥3.77 ¥4.31 ¥4.78 59
Dividend Discount
Gordon GGM ¥2.03 ¥4.22 ¥6.70 70
DDM Multi-Stage ¥2.03 ¥3.56 ¥4.43 61
Multiples
P/E Multiple ¥2.58 ¥3.44 ¥4.30 63
P/S Multiple ¥2.09 ¥2.78 ¥3.48 58
P/B Multiple ¥2.09 ¥2.78 ¥3.48 55
EV/EBIT ¥5.35 ¥6.96 ¥8.57 53
EV/EBITDA ¥7.12 ¥9.32 ¥11.52 54
EV/Revenue ¥3.97 ¥5.45 ¥6.92 43
Asset-Based
NCAV (Graham) ¥2.56 ¥3.43 ¥5.11 50
Economic Profit
Residual Income ¥3.76 ¥3.72 ¥3.24 76
ROIC Compounder ¥3.77 ¥4.31 ¥4.78 72
Growth Earnings
Growth-Adj P/E ¥2.70 ¥3.86 ¥5.02 68

Widest divergence: DCF Models (¥5.31) versus Earnings-Based (¥2.63). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 14.6B CNY
Revenue growth (YoY) +23.2%
Net margin 4.0%
Return on equity 3.2%
Free cash flow −33.7M CNY FY2025
P/E ratio 57.4
More key figures
Operating margin 9.9%
EPS (TTM) ¥0.1800
Dividend yield 1.3%
EPS growth (YoY) +16.7%
Net cash 1.6B CNY FY2024

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 52 · Market factors (momentum, volatility) 58

Profitability 23
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 59
Distance to the 52-week high (market factor)
Net Issuance 91
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

Infore Environment Technology Group Co., Ltd. engages in the research and development, sales, maintenance, and operation services of environmental protection equipment in China and internationally.

Full company description

Infore Environment Technology Group Co., Ltd. engages in the research and development, sales, maintenance, and operation services of environmental protection equipment in China and internationally. It offers intelligent environmental protection equipment, such as cleaning and maintenance equipment, waste collection and transportation equipment, waste compression station equipment, kitchen food waste recycling equipment, and municipal and landscaping equipment, as well as diversified product lines, such as aerial work equipment and emergency fire-fighting equipment. The company also provides intelligent cloud computing, such as smart sanitation cloud platform and smart environmental management; smart services, including integrated sanitation, solid waste treatment, and food waste disposal; and intelligent equipment that include sanitation equipment, sanitation robots, environmental equipment, and scientific instrument. In addition, it operates Qiyuan, a full-scenario intelligent operations system and a multi-dimensional urban service network. Further, the company also engages in ventilation machinery manufacturing, environmental monitoring, and solid waste disposal services. Infore Environment Technology Group Co., Ltd. was formerly known as Zhejiang Shangfeng Industrial Holdings Co., Ltd. and changed its name to Infore Environment Technology Group Co., Ltd. in March 2016. Infore Environment Technology Group Co., Ltd. was founded in 1974 and is based in Foshan, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Infore Environment Technology Group reported revenue of ¥13.8B in FY2025 versus ¥11.9B in FY2021, a compound +3.9%/yr. Reported net income was ¥550M in FY2025, compounding −7.6%/yr from FY2021.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
13.8B CNY
Latest YoY
+5.5%
Avg. growth/yr (3Y)
+4.1%
Avg. growth/yr (5Y)
−0.7%
Avg. growth/yr (28Y)
+18.6%
Revenue +3.9%/yr
FY21 ¥11.9B
FY22 ¥12.3B
FY23 ¥12.6B
FY24 ¥13.1B
FY25 ¥13.8B
Net income −7.6%/yr
FY21 ¥753M
FY22 ¥419M
FY23 ¥498M
FY24 ¥514M
FY25 ¥550M

000967 screens 59% overvalued. Compare with GE Vernova Inc →

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). "Infore Environment Technology Group Fair Value". https://www.fairvalue-calculator.com/stock/000967

Peer Group

Specialty Industrial Machinery · 809 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 54 · Below median
Fair Value upside −59% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 10% · Above median
Revenue growth 23% · Top 25%
Dividend yield (TTM) 1.3% · Above median
Debt / equity 0.29× · Higher than 75% of peers

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 57.4× · Pricier than 75% of peers
P/B 2.02× · Cheaper than median
P/S (TTM) 2.38× · Pricier than median
EV/EBITDA 17.2× · Pricier 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 0
FUTURE 100 · sector 23
PAST 13 · sector 28
HEALTH 86 · sector 96
DIVIDEND 25 · sector 24

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

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

Compare Infore Environment Technology Group with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials 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 Infore Environment Technology Group (000967) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥3.85 versus a price of ¥9.35, about −59% (overvalued).
What is the fair value of 000967?
Our model-based fair value for Infore Environment Technology Group is ¥3.85 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥9.35.
What is the quality score of 000967?
Infore Environment Technology Group has a Quality Score of 54/100. 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 Infore Environment Technology Group (000967)?
Infore Environment Technology Group reported trailing-twelve-month revenue of about 14.6B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 000967?
The net profit margin of Infore Environment Technology Group is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.
Does Infore Environment Technology Group pay a dividend?
Infore Environment Technology Group currently shows a dividend yield of about 1.26% 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 Infore Environment Technology Group 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.