Western Metal Materials Co (002149) Fair Value & Analysis
Basic Materials · CN · Market cap 29.1B CNY
Fair value as of: Jul 22, 2026
From 26 valuation models · updated today
Share price −45.4% over the past month.
Price vs Fair Value (12 months)
12‑month range ¥16.16 – ¥75.44 · fair‑value band ¥2.70 – ¥5.10 · the ¥31.30 price screens above the ¥5.10 fair value. As of Jul 22, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
Western Metal Materials Co (002149) currently trades at ¥31.30, while our model-based Fair Value estimate is ¥5.10, implying the stock looks roughly 83.7% overvalued today. We read business quality at 48/100 (below-average quality), in the Basic Materials 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: medium).
Over the trailing twelve months, Western Metal Materials Co generated revenue of 3.1B CNY at a net margin of 2.6%. Revenue declined 20.0% year over year. It earns a return on equity of 2.0%. Net debt stands at 903M CNY. Fundamentals as of Jul 22, 2026
Our scenario range runs from ¥2.70 (bear case) to ¥5.10 (bull case); at ¥31.30, the current price sits above that range. The share trades about 60% below its 52-week high and 95% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -32% fair-value upside, at -84%, 002149 screens richer than that median.
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 22, 2026. TTM = trailing twelve months.
About the company
Western Metal Materials Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of rare metal materials in China and internationally. It operates through Titanium Products, Layered Composite Materials, Metal Fibers, Rare Metals, Tungsten and Molybdenum Products, and Others segments. The company offers titanium, zirconium, and its alloy products comprising ingots, slabs, forgings, hot-rolled medium and heavy plates, cold-rolled sheets, strips, and pipes, as well as processed zirconium, nickel, and steel products for use in the aviation, aerospace, marine, weaponry, energy, and chemical industries; layered metal composite materials consisting of titanium/steel composite plates, zirconium/steel composite plates, tantalum/steel composite plates, nickel/steel composite plates, and composite transition joints for aerospace satellites for use in the power, petrochemical, hydrometallurgy, chlor-alkali, vacuum salt production, coal chemical, …
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Western Metal Materials Co reported revenue of ¥3.2B in FY2025 versus ¥2.4B in FY2021, a compound +7.8%/yr. Reported net income was ¥103M in FY2025, compounding −6.1%/yr from FY2021.
Is 002149 fairly valued? → Check now
Similar stocks
10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| BHP Group BHPLF | $44.00 | $30.11 | -32% |
| Rio Tinto Group RTNTF | $129.57 | $77.65 | -40% |
| Grupo México, S.A. GMBXF | $12.50 | $11.72 | -6% |
| CMOC Group CMCLY | $148.88 | $113.34 | -24% |
| Vale S.A VALE | $15.71 | $7.88 | -50% |
| Anglo American plc AAUKF | $55.08 | $15.08 | -73% |
| Fortescue Ltd FSUMF | $14.70 | $15.72 | +7% |
| China Tungsten And Hightech Materials Co 000657 | ¥77.95 | ¥4.90 | -94% |
| Hindustan Zinc Limited HINDZINC | ₹573.20 | ₹649.37 | +13% |
| China Northern Rare Earth (Group) High-Tech Co 600111 | ¥49.66 | ¥17.16 | -65% |
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Western Metal Materials Co (002149) undervalued?
What is the fair value of 002149?
What is the quality score of 002149?
What is the revenue of Western Metal Materials Co (002149)?
What is the net profit margin of 002149?
Does Western Metal Materials Co pay a dividend?
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.
Unlock the full Western Metal Materials Co analysis, and try Pro free
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.
Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.