Cangzhou Mingzhu Plastic Co Ltd (002108) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Cangzhou Mingzhu Plastic Co Ltd stock ¥3.06, price ¥4.08, that is 25.0% below the price, quality 44 out of 100. Rating: overvalued. Calculated from audited financials with 8 of our 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
Cangzhou Mingzhu Plastic Co Ltd
002108 · SHEOur calculation puts a fair price 25% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range ¥2.80 – ¥9.66 · fair‑value band ¥1.60 – ¥3.42 · the ¥4.08 price screens above the ¥3.06 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
Every Wednesday you see whether Cangzhou Mingzhu Plastic 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.
Company profile
Cangzhou Mingzhu Plastic Co.,Ltd., together with its subsidiaries, manufactures and sells PE pipe systems, BOPA films, Li-ion battery separators, and composite pipes in China.
Show moreShow less
The company offers PE gas and water supply pipelines, PE nuclear power/large diameter thick wall PE pipelines, PE fittings, and ground source heat pump heat exchange piping systems; dry uni-axial stretching, wet simultaneous biaxial stretching, and coated modified separators; and fiber-reinforced thermoplastic pipes for oil and gas transportation, intelligent cable-embedded coiled pipes, and connection of pipes for oil and gas transportation and intelligent cable-embedded continuous pipes.
It also produces polyamide films, chips, and other plastic products; installation and technical services; microporous and filtration membranes; double-wall corrugated pipes and fittings for drainage and sewage; silicone pipes and fittings; plastic packaging containers and tools; and synthetic materials.
In addition, the company engages in the import and export of goods; house and non-residential real estate leasing; cargo weighing; machinery and equipment rental; equity, asset, and investment management; and research and development of new materials technology.
Cangzhou Mingzhu Plastic Co.,Ltd. was founded in 1995 and is headquartered in Cangzhou, China.
Stock analysis
Cangzhou Mingzhu Plastic Co Ltd (002108) currently trades at ¥4.08, while our model-based Fair Value estimate is ¥3.06, 25% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ¥2.84 per share, and 1 of the 8 models we run sit above the ¥4.08 price.
Bear case: the Earnings-Based group reads lowest at ¥1.17, and 7 of the 8 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥1.60 (bear) to ¥3.42 (bull), the price of ¥4.08 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 44/100 (below-average quality), in the Industrials sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Cangzhou Mingzhu Plastic Co Ltd reported revenue of 2.9B CNY in FY2025 versus 2.9B CNY in FY2021, a compound −0.3%/yr. Reported net income was 154M CNY in FY2025, compounding −19.5%/yr from FY2021.
Key figures
Market cap 6.7B CNY (≈ $1.0B) Small · P/E ratio 31.4 · P/S ratio 2.20 · EPS (TTM) ¥0.1300 · Dividend yield 1.2% · Net margin 6.5% · Return on equity 4.0% · Return on assets (EBIT) 4.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 31 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 8% fair-value upside, at −25%, 002108 screens richer than that median.
Fair Value models
All 8 models by family
The fair value above starts from this blend and is adjusted for a year distorted by one-off effects.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
002108 screens overvalued: fair value 25% below the price. Compare with 3M Company →
Compare Cangzhou Mingzhu Plastic Co Ltd with another stock
Price, fair value, quality and upside side by side.
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.Conglomerates · 304 stocks
Valuation Multiplesvs Conglomerates median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Energy sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/B ratio by industry
- Net margin by industry
- Stock screener with 62 metrics
- Undervalued stocks: Energy
- Undervalued stocks: Chinese Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Conglomerates stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| PT Astra International Tbk, ASII | 5,000 IDR | 10,000 IDR | +100% | vs 002108 |
| SK Inc 034730 | 445,000 KRW | 632,391 KRW | +42% | vs 002108 |
| Honeywell International Inc HON | $220.05 | $245.42 | +12% | vs 002108 |
| Jardine Matheson Holdings J36 | $60.84 | $66.74 | +10% | vs 002108 |
| Kingdom Holding 4280 | 12.40 SAR | 13.40 SAR | +8% | vs 002108 |
| SGH Limited SGH | A$42.62 | A$34.87 | −18% | vs 002108 |
| Keppel Ltd BN4 | 9.45 SGD | 3.87 SGD | −59% | vs 002108 |
| 3M Company MMM | $185.15 | $73.02 | −61% | vs 002108 |
| Swire Pacific Limited 0019 | HK$112.20 | HK$27.75 | −75% | vs 002108 |
| Doosan Corporation 000150 | 638,000 KRW | 95,752 KRW | −85% | vs 002108 |
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Cangzhou Mingzhu Plastic Co Ltd (002108) overvalued or undervalued?
What is the fair value of 002108?
What is the quality score of 002108?
What is the price target for Cangzhou Mingzhu Plastic Co Ltd (002108)?
What is the Cangzhou Mingzhu Plastic Co Ltd stock forecast for 2026?
What is the revenue of Cangzhou Mingzhu Plastic Co Ltd (002108)?
Does Cangzhou Mingzhu Plastic Co Ltd pay a dividend?
How much is the dividend of Cangzhou Mingzhu Plastic Co Ltd (002108) and when is the ex-dividend date?
What is the intrinsic value of Cangzhou Mingzhu Plastic Co Ltd (002108)?
Is Cangzhou Mingzhu Plastic Co Ltd stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 002108?
How much is Cangzhou Mingzhu Plastic Co Ltd worth?
What do the bullish and bearish scenarios say about 002108?
What is the P/E ratio of 002108?
How solid is the balance sheet of Cangzhou Mingzhu Plastic Co Ltd (002108)?
How far is 002108 from its 52-week high?
Which stocks are comparable to Cangzhou Mingzhu Plastic Co Ltd?
Is Cangzhou Mingzhu Plastic Co Ltd stock attractive at the current price?
How is the fair value of 002108 calculated?
Is it still worth investing in stocks now?
What is the share price of Cangzhou Mingzhu Plastic Co Ltd (002108)?
What should I pay attention to with Cangzhou Mingzhu Plastic Co Ltd right now?
Where does the earnings growth of Cangzhou Mingzhu Plastic Co Ltd (002108) come from?
Key figures of Cangzhou Mingzhu Plastic Co Ltd
How large is the market capitalisation of Cangzhou Mingzhu Plastic Co Ltd (002108)?
What is the P/S ratio of Cangzhou Mingzhu Plastic Co Ltd (002108)?
What are the earnings per share of Cangzhou Mingzhu Plastic Co Ltd (002108)?
What is the dividend yield of Cangzhou Mingzhu Plastic Co Ltd (002108)?
What is the net margin of Cangzhou Mingzhu Plastic Co Ltd (002108)?
What is the return on equity of Cangzhou Mingzhu Plastic Co Ltd (002108)?
What is the EBIT return on assets of Cangzhou Mingzhu Plastic Co Ltd (002108)?
What is the operating margin of Cangzhou Mingzhu Plastic Co Ltd (002108)?
How fast is revenue growing at Cangzhou Mingzhu Plastic Co Ltd (002108)?
How fast are earnings growing at Cangzhou Mingzhu Plastic Co Ltd (002108)?
How much free cash flow does Cangzhou Mingzhu Plastic Co Ltd (002108) generate?
How much net debt does Cangzhou Mingzhu Plastic Co Ltd (002108) carry?
Watch Cangzhou Mingzhu Plastic Co Ltd in the live analysis
One click puts Cangzhou Mingzhu Plastic Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.