EN DE

Wiscom System Co (002090) Fair Value & Analysis

Technology · CN · Market cap 3.9B CNY

WS Wiscom System Co 002090 · SHE
Price¥9.37
Fair Value¥3.14
Upside-66.5%
Quality59/100
Watch Wiscom System Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 4.6% net margin
Low debt · generates free cash flow
0.74% dividend yield
Mixed vs. peers (6/14)
Narrow moat 33/100
Evidence: High Range ¥2.45 – ¥3.83 Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥3.30 to ¥3.14 (−4.8%) since Jun 25, 2026. Share price +2.2% over the past month.

A solid business, but screening 66% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥3.83). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥19.49 ¥6.37 Fair Value ¥3.14 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range ¥6.37 – ¥19.49 · fair‑value band ¥2.45 – ¥3.83 · the ¥9.37 price screens above the ¥3.14 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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

Analysis

Wiscom System Co (002090) currently trades at ¥9.37, while our model-based Fair Value estimate is ¥3.14, implying the stock looks roughly 66.5% overvalued today. The Quality Score stands at 59/100 (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, Wiscom System Co generated revenue of 1.6B CNY at a net margin of 4.6%. Revenue grew 5.3% year over year. It earns a return on equity of 4.7%. The balance sheet holds a net cash position of 152M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥2.45 (bear case) to ¥3.83 (bull case); at ¥9.37, 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 31% below its 52-week high and 5% 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 -66%, 002090 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 ¥4.04 ¥5.47 ¥7.42 80
Residual Income ¥2.85 ¥2.82 ¥2.53 76
Rev-Margin DCF ¥2.84 ¥3.80 ¥4.89 74
All 24 models by family
DCF Models
FCF DCF ¥3.98 ¥5.59 ¥7.91 38
Owner Earnings ¥2.71 ¥3.70 ¥5.12 31
5Y Revenue Exit ¥2.84 ¥3.75 ¥4.88 39
5Y EBITDA Exit ¥3.07 ¥4.18 ¥5.43 41
5Y P/E Exit ¥3.29 ¥4.60 ¥5.93 38
10Y Revenue Exit ¥3.19 ¥4.11 ¥5.26 36
10Y EBITDA Exit ¥3.38 ¥4.40 ¥5.67 37
10Y P/E Exit ¥3.52 ¥4.68 ¥6.03 35
Earnings-Based
Graham-Dodd ¥1.12 ¥3.25 ¥4.29 54
Lynch FV ¥0.6700 ¥0.9600 ¥1.25 50
PEG = 1.0 ¥0.6700 ¥0.9600 ¥1.25 46
EPV ¥2.08 ¥2.30 ¥2.49 59
Multiples
P/E Multiple ¥2.47 ¥3.30 ¥4.12 63
P/S Multiple ¥2.10 ¥2.80 ¥3.50 58
P/B Multiple ¥2.10 ¥2.80 ¥3.50 55
EV/EBIT ¥3.01 ¥3.77 ¥4.54 53
EV/EBITDA ¥2.78 ¥3.47 ¥4.16 54
EV/Revenue ¥2.26 ¥2.92 ¥3.59 43
Asset-Based
NCAV (Graham) ¥1.93 ¥2.58 ¥3.86 50
Growth DCF
Growth DCF ¥4.04 ¥5.47 ¥7.42 80
Rev-Margin DCF ¥2.84 ¥3.80 ¥4.89 74
Economic Profit
Residual Income ¥2.85 ¥2.82 ¥2.53 76
ROIC Compounder ¥2.08 ¥2.30 ¥2.49 72
Growth Earnings
Growth-Adj P/E ¥2.01 ¥2.87 ¥3.73 68

Widest divergence: DCF Models (¥4.18) versus Earnings-Based (¥0.9600). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.6B CNY
Revenue growth (YoY) +5.3%
Net margin 4.6%
Return on equity 4.7%
Free cash flow 123M CNY FY2025
P/E ratio 53.9
More key figures
Operating margin 6.5%
EPS (TTM) ¥0.1800
Dividend yield 0.7%
EPS growth (YoY) +42.9%
Net cash 152M CNY FY2024

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 60 · Market factors (momentum, volatility) 34

Profitability 28
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 75
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

Wiscom System Co., Ltd. engages in the smart energy and cities businesses in China. It provides urban development solutions comprising smart building, smart parks, safe cities, intelligent transportation, and smart heating network services to government, energy, public security, and enterprise users.

Full company description

Wiscom System Co., Ltd. engages in the smart energy and cities businesses in China. It provides urban development solutions comprising smart building, smart parks, safe cities, intelligent transportation, and smart heating network services to government, energy, public security, and enterprise users. The company is also involved in the power generation and new energy, transmission, transformation, and distribution businesses; energy storage, and design and EPC businesses; and low-carbon business, which includes engineering consulting, surveying, design, integration, and operation and maintenance in fields, such as wind power and photovoltaics. Wiscom System Co., Ltd. was founded in 1995 and is based in Nanjing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wiscom System Co reported revenue of ¥1.6B in FY2025 versus ¥1.6B in FY2021, a compound −1.2%/yr. Reported net income was ¥66.0M in FY2025, compounding −17.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.6B CNY
Latest YoY
−12.0%
Avg. growth/yr (3Y)
+0.7%
Avg. growth/yr (5Y)
−3.4%
Avg. growth/yr (22Y)
+8.8%
Revenue −1.2%/yr
FY21 ¥1.6B
FY22 ¥1.5B
FY23 ¥1.6B
FY24 ¥1.8B
FY25 ¥1.6B
Net income −17.9%/yr
FY21 ¥145M
FY22 ¥30.0M
FY23 ¥60.5M
FY24 ¥72.3M
FY25 ¥66.0M

002090 screens 66% overvalued. Compare with Microsoft Corporation →

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). "Wiscom System Co Fair Value". https://www.fairvalue-calculator.com/stock/002090

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 59 · Above median
Fair Value upside −67% · Below median
Return on equity (TTM) 5% · Above median
Return on assets 1% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 6% · Above median
Revenue growth 5% · Below median
Dividend yield (TTM) 0.7% · Below median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 53.9× · Pricier than 75% of peers
P/B 2.52× · Pricier than median
P/S (TTM) 2.46× · Pricier than median
P/FCF 4.7× · Cheaper than median
EV/EBITDA 57.8× · Pricier 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 27 · sector 46
PAST 19 · sector 15
HEALTH 100 · sector 99
DIVIDEND 15 · sector 28

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 22, 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%

Compare Wiscom System Co with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Technology 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 Wiscom System Co (002090) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥3.14 versus a price of ¥9.37, about −66% (overvalued).
What is the fair value of 002090?
Our model-based fair value for Wiscom System Co is ¥3.14 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥9.37.
What is the quality score of 002090?
Wiscom System Co has a Quality Score of 59/100. 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 Wiscom System Co (002090)?
Wiscom System Co reported trailing-twelve-month revenue of about 1.6B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002090?
The net profit margin of Wiscom System Co is about 4.6%, meaning it keeps roughly 4.6% of revenue as net income. Based on the latest reported figures.
Does Wiscom System Co pay a dividend?
Wiscom System Co currently shows a dividend yield of about 0.74% relative to its recent price (as of Jul 22, 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 Wiscom System 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.