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Eastcompeace Technology Co. (002017) Fair Value & Analysis

Technology · CN · Market cap 8.1B CNY

ET Eastcompeace Technology Co. 002017 · SHE
Price¥13.97
Fair Value¥5.62
Upside-59.8%
Quality68/100
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Mixed Growth
Solidly profitable · 12.5% net margin
Low debt · generates free cash flow
1.00% dividend yield
Mixed vs. peers (8/15)
Moderate moat 48/100
Evidence: High Range ¥4.22 – ¥7.03 Share as image

Fair value as of: Aug 8, 2026

From 22 valuation models · updated 2 days ago

Share price +2.8% over the past month.

A solid business, but screening 60% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥7.03). The favourable scenario is already priced in.
  • Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥34.55 ¥6.35 Fair Value ¥5.62 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.

How to read this chart

60‑month range ¥6.35 – ¥34.55 · fair‑value band ¥4.22 – ¥7.03 · the ¥13.97 price screens above the ¥5.62 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Eastcompeace Technology Co. (002017) currently trades at ¥13.97, while our model-based Fair Value estimate is ¥5.62, implying the stock looks roughly 59.8% overvalued today. The Quality Score stands at 68/100 (solid quality), in the Technology 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, Eastcompeace Technology Co. generated revenue of 1.3B CNY at a net margin of 12.5%. Revenue grew 2.7% year over year. It earns a return on equity of 9.0%. The balance sheet holds a net cash position of 1.9B CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥4.22 (bear case) to ¥7.03 (bull case); at ¥13.97, 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 61% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -60%, 002017 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 ¥7.14 ¥8.39 ¥10.09 80
Residual Income ¥2.64 ¥2.86 ¥3.58 76
Rev-Margin DCF ¥6.29 ¥7.54 ¥8.90 74
All 22 models by family
DCF Models
FCF DCF ¥7.03 ¥8.36 ¥10.24 38
Owner Earnings ¥6.34 ¥7.42 ¥8.94 31
5Y Revenue Exit ¥6.29 ¥7.48 ¥8.95 39
5Y EBITDA Exit ¥6.58 ¥7.98 ¥9.56 41
5Y P/E Exit ¥7.08 ¥8.85 ¥10.64 38
10Y Revenue Exit ¥6.48 ¥7.56 ¥8.82 36
10Y EBITDA Exit ¥6.72 ¥7.89 ¥9.24 37
10Y P/E Exit ¥7.03 ¥8.46 ¥9.98 35
Earnings-Based
Graham-Dodd ¥1.91 ¥3.85 ¥4.85 54
EPV ¥5.72 ¥6.08 ¥6.39 59
Multiples
P/E Multiple ¥4.22 ¥5.62 ¥7.03 63
P/S Multiple ¥3.58 ¥4.78 ¥5.97 58
P/B Multiple ¥3.58 ¥4.78 ¥5.97 55
EV/EBIT ¥7.25 ¥8.51 ¥9.78 53
EV/EBITDA ¥6.73 ¥7.83 ¥8.92 54
EV/Revenue ¥6.01 ¥7.11 ¥8.20 43
Asset-Based
NCAV (Graham) ¥1.57 ¥2.10 ¥3.13 50
Growth DCF
Growth DCF ¥7.14 ¥8.39 ¥10.09 80
Rev-Margin DCF ¥6.29 ¥7.54 ¥8.90 74
Economic Profit
Residual Income ¥2.64 ¥2.86 ¥3.58 76
ROIC Compounder ¥5.72 ¥6.08 ¥6.39 72
Growth Earnings
Growth-Adj P/E ¥3.07 ¥4.38 ¥5.70 68

Widest divergence: DCF Models (¥7.89) versus Asset-Based (¥2.10). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.3B CNY
Revenue growth (YoY) +2.7%
Net margin 12.5%
Return on equity 9.0%
Free cash flow 210M CNY FY2025
P/E ratio 48.2
More key figures
Operating margin 13.6%
EPS (TTM) ¥0.2900
Dividend yield 1.0%
EPS growth (YoY) +5.2%
Net cash 1.9B CNY FY2024

Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 69 · Market factors (momentum, volatility) 20

Profitability 38
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 98
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 4
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

Eastcompeace Technology Co.Ltd is involved in the research and development, production, sales, and service of smart card products, digital identity security products, and industry applications in China and internationally. The company also offers security modules, platform software, and smart terminals.

Full company description

Eastcompeace Technology Co.Ltd is involved in the research and development, production, sales, and service of smart card products, digital identity security products, and industry applications in China and internationally. The company also offers security modules, platform software, and smart terminals. It serves financial institutions, communication operators, government agencies, and IoT equipment manufacturers and operators. The company was formerly known as Eastcompeace Smart Card Co., Ltd. and changed its name to Eastcompeace Technology Co.Ltd in April 2012. Eastcompeace Technology Co.Ltd was founded in 1998 and is headquartered in Zhuhai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Eastcompeace Technology Co. reported revenue of ¥1.3B in FY2025 versus ¥1.1B in FY2021, a compound +5.3%/yr. Reported net income was ¥163M in FY2025, compounding +39.2%/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)
1.3B CNY
Latest YoY
−4.7%
Avg. growth/yr (3Y)
+0.9%
Avg. growth/yr (5Y)
+4.4%
Avg. growth/yr (24Y)
+2.9%
Revenue +5.3%/yr
FY21 ¥1.1B
FY22 ¥1.3B
FY23 ¥1.4B
FY24 ¥1.4B
FY25 ¥1.3B
Net income +39.2%/yr
FY21 ¥43.5M
FY22 ¥91.7M
FY23 ¥172M
FY24 ¥190M
FY25 ¥163M

002017 screens 60% overvalued. Compare with Microsoft Corporation →

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Cite: Fair Value Calculator (2026). "Eastcompeace Technology Co. Fair Value". https://www.fairvalue-calculator.com/stock/002017

Peer Group

Software - Infrastructure · 368 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 68 · Top 25%
Fair Value upside −60% · Below median
Return on equity (TTM) 9% · Above median
Return on assets 3% · Above median
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 14% · Above median
Revenue growth 3% · Below median
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.00× · Lower than median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 48.2× · Pricier than median
P/B 4.46× · Pricier than median
P/S (TTM) 6.11× · Pricier than 75% of peers
P/FCF 5.7× · Cheaper than median
EV/EBITDA 38.4× · Pricier than 75% of peers
PEG 0.35× · 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 0 · sector 0
FUTURE 14 · sector 46
PAST 36 · sector 15
HEALTH 100 · sector 99
DIVIDEND 20 · sector 28

VALUE 0: the price sits above our fair-value range.

Insider activity: 42/100

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is Eastcompeace Technology Co. (002017) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of ¥5.62 versus a price of ¥13.97, about −60% (overvalued).
What is the fair value of 002017?
Our model-based fair value for Eastcompeace Technology Co. is ¥5.62 (as of Aug 8, 2026), built from audited fundamentals. The current price is ¥13.97.
What is the quality score of 002017?
Eastcompeace Technology Co. has a Quality Score of 68/100. 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 Eastcompeace Technology Co. (002017)?
Eastcompeace Technology Co. reported trailing-twelve-month revenue of about 1.3B CNY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of 002017?
The net profit margin of Eastcompeace Technology Co. is about 12.5%, meaning it keeps roughly 12.5% of revenue as net income. Based on the latest reported figures.
Does Eastcompeace Technology Co. pay a dividend?
Eastcompeace Technology Co. currently shows a dividend yield of about 0.93% relative to its recent price (as of Aug 8, 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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