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Tianjin Yiyi Hygiene Products Co (001206) Fair Value & Analysis

Consumer Defensive · CN · Market cap 3.2B CNY

TY Tianjin Yiyi Hygiene Products Co 001206 · SHE
Price¥16.74
Fair Value¥20.79
Upside+24.2%
Quality67/100
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Mixed Growth
Thin margins · 9.8% net margin
generates free cash flow
4.33% dividend yield
Mixed vs. peers (7/13)
Moderate moat 46/100
Evidence: High Range ¥15.59 – ¥25.98 Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price −14.3% over the past month.

A solid business, screening 24% undervalued on our models.

What matters now

  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from ¥15.59 (bear) to ¥25.98 (bull), base ¥20.79. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 67/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥47.29 ¥8.60 Fair Value ¥20.79 May 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 ¥8.60 – ¥47.29 · fair‑value band ¥15.59 – ¥25.98 · the ¥16.74 price screens below the ¥20.79 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

Tianjin Yiyi Hygiene Products Co (001206) currently trades at ¥16.74, while our model-based Fair Value estimate is ¥20.79, implying the stock looks roughly 24.2% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Consumer Defensive 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, Tianjin Yiyi Hygiene Products Co generated revenue of 1.6B CNY at a net margin of 9.8%. Revenue declined 17.0% year over year. It earns a return on equity of 8.4%. The balance sheet holds a net cash position of 329M CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥15.59 (bear case) to ¥25.98 (bull case); at ¥16.74, 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 52% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at 24%, 001206 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
Residual Income ¥8.85 ¥9.71 ¥12.82 76
Growth DCF ¥15.55 ¥24.87 ¥39.61 72
Gordon GGM ¥5.34 ¥10.63 ¥16.10 70
All 26 models by family
DCF Models
FCF DCF ¥15.64 ¥25.77 ¥42.35 38
Owner Earnings ¥13.16 ¥21.51 ¥35.16 31
5Y Revenue Exit ¥12.54 ¥19.70 ¥29.21 39
5Y EBITDA Exit ¥15.22 ¥25.14 ¥37.38 41
5Y P/E Exit ¥15.79 ¥26.31 ¥38.13 38
10Y Revenue Exit ¥13.19 ¥20.21 ¥30.51 36
10Y EBITDA Exit ¥15.22 ¥24.07 ¥37.09 37
10Y P/E Exit ¥15.59 ¥24.90 ¥37.70 35
Earnings-Based
Graham-Dodd ¥6.73 ¥29.46 ¥40.31 54
Lynch FV ¥7.60 ¥10.86 ¥14.12 50
PEG = 1.0 ¥7.60 ¥10.86 ¥14.12 46
EPV ¥8.82 ¥9.96 ¥10.94 59
Dividend Discount
Gordon GGM ¥5.34 ¥10.63 ¥16.10 70
DDM Multi-Stage ¥5.34 ¥9.19 ¥11.22 61
Multiples
P/E Multiple ¥15.59 ¥20.79 ¥25.98 63
P/S Multiple ¥10.89 ¥14.52 ¥18.14 58
P/B Multiple ¥12.62 ¥16.83 ¥21.03 55
EV/EBIT ¥16.42 ¥21.35 ¥26.28 53
EV/EBITDA ¥16.26 ¥21.14 ¥26.02 54
EV/Revenue ¥11.15 ¥15.23 ¥19.31 43
Asset-Based
NCAV (Graham) ¥5.13 ¥6.87 ¥10.25 50
Growth DCF
Growth DCF ¥15.55 ¥24.87 ¥39.61 72
Rev-Margin DCF ¥12.54 ¥19.63 ¥28.64 67
Economic Profit
Residual Income ¥8.85 ¥9.71 ¥12.82 76
ROIC Compounder ¥8.82 ¥9.96 ¥11.90 67
Growth Earnings
Growth-Adj P/E ¥12.57 ¥17.96 ¥23.34 68

Widest divergence: DCF Models (¥24.07) versus Asset-Based (¥6.87). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.6B CNY
Revenue growth (YoY) -17.0%
Net margin 9.8%
Return on equity 8.4%
Free cash flow 216M CNY FY2025
P/E ratio 20.6
More key figures
Operating margin 9.1%
EPS (TTM) ¥0.8500
Dividend yield 4.3%
EPS growth (YoY) -48.3%
Net cash 329M CNY FY2024

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 67 · Market factors (momentum, volatility) 26

Profitability 46
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 80
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

Tianjin Yiyi Hygiene Products Co.,Ltd, together with its subsidiaries, engages in the research, development, production, and sale of disposable hygiene products and non-woven fabrics in China and internationally.

Full company description

Tianjin Yiyi Hygiene Products Co.,Ltd, together with its subsidiaries, engages in the research, development, production, and sale of disposable hygiene products and non-woven fabrics in China and internationally. The company offers pet and personal hygiene care products, including pet pads, pet diapers, pet cleaning bags, pet wipes, and pet garbage bags, etc.; and personal hygiene care products comprising sanitary napkins, nursing pads, and diapers, etc. It also engages in the wholesale and retail of pet food and supplies. The company offers its products under the HUSHPET and Yiping Flower Shop brands. It serves large-scale chain retailers, professional pet supply chain stores, and online pet supply sales platforms. The company exports its products to approximately 40 countries and regions, including the United States, Japan, South Korea, Canada, Italy, and the United Kingdom. Tianjin Yiyi Hygiene Products Co.,Ltd was founded in 1990 and is based in Tianjin, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tianjin Yiyi Hygiene Products Co reported revenue of ¥1.7B in FY2025 versus ¥1.3B in FY2021, a compound +6.4%/yr. Reported net income was ¥183M in FY2025, compounding +12.5%/yr from FY2021.

Growth Quality 66/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.7B CNY
Latest YoY
−6.7%
Avg. growth/yr (3Y)
+3.4%
Avg. growth/yr (5Y)
+6.2%
Avg. growth/yr (10Y)
+11.0%
Revenue +6.4%/yr
FY21 ¥1.3B
FY22 ¥1.5B
FY23 ¥1.3B
FY24 ¥1.8B
FY25 ¥1.7B
Net income +12.5%/yr
FY21 ¥114M
FY22 ¥151M
FY23 ¥103M
FY24 ¥215M
FY25 ¥183M

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Cite: Fair Value Calculator (2026). "Tianjin Yiyi Hygiene Products Co Fair Value". https://www.fairvalue-calculator.com/stock/001206

Peer Group

Household & Personal Products · 244 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 67 · Top 25%
Fair Value upside +24% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 5% · Above median
Net margin (TTM) 10% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth -17% · Bottom 25%
Dividend yield (TTM) 4.3% · Above median

Valuation Multiples vs Household & Personal Products median · lower = cheaper

P/E (TTM) 20.6× · Pricier than median
P/B 1.71× · Pricier than median
P/S (TTM) 2.03× · Pricier than median
P/FCF 2.2× · Pricier than median
EV/EBITDA 12.2× · 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 66 · sector 28
FUTURE 0 · sector 4
PAST 33 · sector 26
HEALTH 0 · sector 98
DIVIDEND 87 · sector 50

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PG $146.80 $108.16 -26%
Unilever PLC ULN 1,080 MXN 1,273 MXN +18%
Hindustan Unilever Limited HINDUNILVR ₹2,144 ₹1,000 -53%
Essity AB ESSITYA kr 279.00 kr 250.02 -10%
Godrej Consumer Products Limited GODREJCP ₹1,088 ₹367.64 -66%
Marico Limited MARICO ₹846.75 ₹233.05 -72%
APR Co 278470 375,000 KRW 151,222 KRW -60%
Dabur India Limited DABUR ₹429.45 ₹181.60 -58%
Kimberly-Clark de México, S. A. B. de C. V., KIMBERA 38.07 MXN 50.09 MXN +32%
PT Unilever Indonesia Tbk UNVR 1,730 IDR 1,934 IDR +12%

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Frequently asked questions

Is Tianjin Yiyi Hygiene Products Co (001206) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥20.79 versus a price of ¥16.74, about +24% (undervalued).
What is the fair value of 001206?
Our model-based fair value for Tianjin Yiyi Hygiene Products Co is ¥20.79 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥16.74.
What is the quality score of 001206?
Tianjin Yiyi Hygiene Products Co has a Quality Score of 67/100. 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 Tianjin Yiyi Hygiene Products Co (001206)?
Tianjin Yiyi Hygiene Products Co reported trailing-twelve-month revenue of about 1.6B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 001206?
The net profit margin of Tianjin Yiyi Hygiene Products Co is about 9.8%, meaning it keeps roughly 9.8% of revenue as net income. Based on the latest reported figures.
Does Tianjin Yiyi Hygiene Products Co pay a dividend?
Tianjin Yiyi Hygiene Products Co currently shows a dividend yield of about 4.33% 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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