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Yunda Holding (002120) Fair Value & Analysis

Industrials · CN · Market cap 19.0B CNY

YH Yunda Holding 002120 · SHE
Price¥6.71
Fair Value¥8.49
Upside+26.5%
Quality60/100
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Healthy Growth
Thin margins · 2.6% net margin
Low debt · generates free cash flow
Ranks above peers (11/14)
Narrow moat 33/100
Evidence: High Range ¥6.36 – ¥10.61 Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price −2.5% over the past month.

A solid business, screening 27% undervalued on our models.

What matters now

  • Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from ¥6.36 (bear) to ¥10.61 (bull), base ¥8.49. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 60/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥20.86 ¥5.59 Fair Value ¥8.49 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 ¥5.59 – ¥20.86 · fair‑value band ¥6.36 – ¥10.61 · the ¥6.71 price screens below the ¥8.49 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Yunda Holding (002120) currently trades at ¥6.71, while our model-based Fair Value estimate is ¥8.49, implying the stock looks roughly 26.5% undervalued today. The Quality Score stands at 60/100 (solid quality), in the Industrials 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, Yunda Holding generated revenue of 51.9B CNY at a net margin of 2.6%. Revenue grew 3.2% year over year. It earns a return on equity of 6.3%. Net debt stands at 4.5B CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥6.36 (bear case) to ¥10.61 (bull case); at ¥6.71, 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 26% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -11% fair-value upside, at 27%, 002120 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
Growth DCF ¥5.32 ¥10.70 ¥21.56 80
Residual Income ¥5.67 ¥5.80 ¥5.73 76
Rev-Margin DCF ¥6.48 ¥14.26 ¥28.99 74
All 24 models by family
DCF Models
FCF DCF ¥5.72 ¥9.53 ¥21.66 38
Owner Earnings ¥1.59 ¥4.80 ¥11.54 31
5Y Revenue Exit ¥6.41 ¥12.36 ¥24.88 39
5Y EBITDA Exit ¥11.06 ¥21.78 ¥42.85 41
5Y P/E Exit ¥5.70 ¥13.91 ¥25.11 38
10Y Revenue Exit ¥6.04 ¥15.74 ¥22.35 36
10Y EBITDA Exit ¥9.74 ¥25.77 ¥54.66 37
10Y P/E Exit ¥5.83 ¥14.23 ¥28.04 35
Earnings-Based
Graham-Dodd ¥2.75 ¥19.16 ¥26.89 54
Lynch FV ¥7.29 ¥10.42 ¥13.54 50
PEG = 1.0 ¥7.29 ¥10.42 ¥13.54 46
EPV ¥4.02 ¥4.84 ¥5.56 59
Multiples
P/E Multiple ¥6.36 ¥8.49 ¥10.61 63
P/S Multiple ¥5.15 ¥6.87 ¥8.59 58
P/B Multiple ¥5.15 ¥6.87 ¥8.59 55
EV/EBIT ¥8.62 ¥11.80 ¥14.98 53
EV/EBITDA ¥12.54 ¥17.03 ¥21.51 54
EV/Revenue ¥5.89 ¥8.81 ¥11.72 43
Asset-Based
NCAV (Graham) ¥3.64 ¥4.88 ¥7.29 50
Growth DCF
Growth DCF ¥5.32 ¥10.70 ¥21.56 80
Rev-Margin DCF ¥6.48 ¥14.26 ¥28.99 74
Economic Profit
Residual Income ¥5.67 ¥5.80 ¥5.73 76
ROIC Compounder ¥4.02 ¥4.84 ¥5.56 72
Growth Earnings
Growth-Adj P/E ¥9.29 ¥13.27 ¥17.25 68

Widest divergence: DCF Models (¥13.91) versus Economic Profit (¥4.84). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 51.9B CNY
Revenue growth (YoY) +3.2%
Net margin 2.6%
Return on equity 6.3%
Free cash flow 1.1B CNY FY2025
P/E ratio 14.6
More key figures
Operating margin 5.2%
EPS (TTM) ¥0.4500
EPS growth (YoY) +45.5%
Net debt 4.5B CNY FY2025

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 59 · Market factors (momentum, volatility) 46

Profitability 41
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 92
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

Yunda Holding Group Co., Ltd. provides express delivery services in China. The company offers express products; transshipment and other related services; warehouse and distribution solutions for upstream and downstream customers; and collection, sorting, transfer, and delivery services.

Full company description

Yunda Holding Group Co., Ltd. provides express delivery services in China. The company offers express products; transshipment and other related services; warehouse and distribution solutions for upstream and downstream customers; and collection, sorting, transfer, and delivery services. It also provides value-added services, including cash on delivery, insured business, store transfer, signed receipt return, reverse logistics, privacy bill, and scheduled delivery services. In addition, the company is involved in the sale of packaging materials, machinery, equipment, accessories, food, edible agricultural products, and petroleum products; investment management; cargo transportation and forwarding; online trade agent; internet, information, automation, and intelligent technology; technology development, transfer, and promotion; venture capital; technical, business, and information; business, information, financial, management, express, and enterprise management consulting; internet retail and agency; supply chain management; cargo freight and handling; e-commerce; house and non-residential real estate leasing; road transport of goods; advertising and marketing; art consulting and planning; property management; leasing of cars and equipment; manufacture of computer hardware and software; and smart device activities. Further, it engages in the wholesale and retail of medical equipment; online sale of daily necessities; commodity trading; leasing park management; engineering construction; business agency; software development; conference and exhibition; loading and unloading; wholesale of finished oil; import and export of goods and technologies; Internet of Things technology research and development; and network technology activities. The company was formerly known as YUNDA Holding Co., Ltd. and changed its name to Yunda Holding Group Co., Ltd. in November 2024. Yunda Holding Group Co., Ltd. was founded in 1996 and is based in Shanghai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yunda Holding reported revenue of ¥51.5B in FY2025 versus ¥41.7B in FY2021, a compound +5.4%/yr. Reported net income was ¥1.2B in FY2025, compounding −5.3%/yr from FY2021.

Growth Quality 73/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
51.5B CNY
Latest YoY
+6.0%
Avg. growth/yr (3Y)
+2.8%
Avg. growth/yr (5Y)
+9.0%
Avg. growth/yr (22Y)
+27.9%
Revenue +5.4%/yr
FY21 ¥41.7B
FY22 ¥47.4B
FY23 ¥45.0B
FY24 ¥48.5B
FY25 ¥51.5B
Net income −5.3%/yr
FY21 ¥1.5B
FY22 ¥1.5B
FY23 ¥1.6B
FY24 ¥1.9B
FY25 ¥1.2B

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Cite: Fair Value Calculator (2026). "Yunda Holding Fair Value". https://www.fairvalue-calculator.com/stock/002120

Peer Group

Integrated Freight & Logistics · 219 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 60 · Above median
Fair Value upside +27% · Above median
Return on equity (TTM) 6% · Below median
Return on assets 4% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth 3% · Above median
Debt / equity 0.31× · Higher than median

Valuation Multiples vs Integrated Freight & Logistics median · lower = cheaper

P/E (TTM) 14.6× · Cheaper than median
P/B 0.90× · Cheaper than median
P/S (TTM) 0.37× · Cheaper than median
P/FCF 2.5× · Pricier than median
EV/EBITDA 5.7× · Cheaper than median
PEG 1.34× · Cheaper 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 69 · sector 45
FUTURE 16 · sector 8
PAST 25 · sector 26
HEALTH 85 · sector 94
DIVIDEND 0 · sector 55

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 Integrated Freight & Logistics stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
United Parcel Service, Inc UPS $117.72 $104.58 -11%
FedEx Corporation FDX $314.69 $347.68 +10%
Deutsche Post AG DHL €57.22 €53.18 -7%
DSV A/S DSV kr 1,660 kr 712.57 -57%
Kuehne + Nagel International AG KNIN CHF 209.90 CHF 147.92 -30%
J.B. Hunt Transport Services, Inc JBHT $291.41 $133.80 -54%
S.F. Holding 002352 ¥31.91 ¥48.64 +52%
C.H. Robinson Worldwide, Inc CHRW $193.50 $86.56 -55%
Expeditors International of Washington, Inc EXPD $172.02 $115.95 -33%
ZTO Express (Cayman) Inc 2057 HK$181.40 HK$241.93 +33%

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Frequently asked questions

Is Yunda Holding (002120) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥8.49 versus a price of ¥6.71, about +27% (undervalued).
What is the fair value of 002120?
Our model-based fair value for Yunda Holding is ¥8.49 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥6.71.
What is the quality score of 002120?
Yunda Holding has a Quality Score of 60/100. 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 Yunda Holding (002120)?
Yunda Holding reported trailing-twelve-month revenue of about 51.9B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002120?
The net profit margin of Yunda Holding is about 2.6%, meaning it keeps roughly 2.6% of revenue as net income. Based on the latest reported figures.

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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