Goertek Inc (002241) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Goertek Inc stock ¥14.64, price ¥24.89, that is 41.2% below the price, quality 49 out of 100. Rating: strongly overvalued. Calculated from audited financials with 17 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 2, 2026.
How to read this chart
60‑month range ¥13.97 – ¥55.02 · fair‑value band ¥9.11 – ¥26.48 · the ¥24.89 price screens above the ¥14.64 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 2, 2026.
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Goertek Inc. engages in the provision of micro electro-acoustic components, optical components, electronic accessories, and related products worldwide.
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It offers smart wearable products, such as smart watches and bracelets/rings; smart viewable products, including VR/MR HMD and AR/AI glasses; hearables comprising TWS earphones, audio glasses, and headphones; voice-controlled speaker, and robotics products.
Goertek Inc. was founded in 2001 and is based in Weifang, the People's Republic of China.
Stock analysis
Goertek Inc (002241) currently trades at ¥24.89, while our model-based Fair Value estimate is ¥14.64, 41% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥45.29 per share, and 7 of the 17 models we run sit above the ¥24.89 price.
Bear case: the Asset-Based group reads lowest at ¥6.22, and 10 of the 17 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥9.11 (bear) to ¥26.48 (bull), the price of ¥24.89 sits inside 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 49/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Goertek Inc reported revenue of 96.6B CNY in FY2025 versus 78.2B CNY in FY2021, a compound +5.4%/yr. Reported net income was 3.9B CNY in FY2025, compounding −2.0%/yr from FY2021.
Key figures
Market cap 88.3B CNY (≈ $13.3B) Large · P/E ratio 22.0 · P/S ratio 0.91 · EPS (TTM) ¥1.13 · Dividend yield 0.8% · Net margin 4.1% · Return on equity 10.3% · Return on assets (EBIT) 3.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 25% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 2% fair-value upside, at −41%, 002241 screens richer than that median.
Fair Value models
Bear¥9.11Fair Value ¥14.64Bull¥26.48
Price ¥24.89 · Downside -41.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.7899 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−4.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−2.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.8%
Start year 2020 (pandemic). Over 10 years: +21.6% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+40.8%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
−2.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−3.2%
Dividend (yield on the price)0.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.4.5% vs 7.5%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6% → 3%
2025 sits 113% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
AI conclusion: Goertek's ongoing development of optical components and reference designs for AR devices forms its main strength, while negative free cash flow and soft consumer electronics demand remain its primary weakness.
Main risk: A major customer like Apple could reduce or shift orders for acoustic components and assemblies, directly hitting revenue and margins given the high concentration in top clients.
Bull case: Goertek could deepen vertical integration in AR optics and AI glasses modules while diversifying across more brands like Meta, Xiaomi and Huawei to lessen single-client exposure.
Bear case: Repeated order cuts from Apple or further share losses to Luxshare could shrink core acoustic and assembly revenue sharply, leaving the AR push unable to compensate quickly enough.
Goertek continues to push optical components and reference designs for AR devices even as first-half revenue grew just 7 percent and profit 4 percent. Broader consumer electronics demand remains soft amid competition and shifting supplier relationships. Our models view the shares as overvalued. Will the AR push deliver enough new revenue to offset slower core growth or will margins stay under pressure?
Price, fair value, quality and upside side by side.
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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.Consumer Electronics · 116 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside−41.2% · Below median
Profitability
Return on equity (12 months)10.3% · Above median
Return on assets4.4% · Above median
Net margin (12 months)4.1% · Above median
Operating margin (12 months)4.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)−7.8% · Below median
Dividend yield (12 months)0.8% · Below median
Balance sheet
Debt / equity0.10× · Above median
Valuation Multiplesvs Consumer Electronics median · lower = cheaper
P/E (12 months)22.0× · Pricier than median
P/B2.43× · Pricier than median
P/S (12 months)0.91× · Cheaper than median
EV/EBITDA12.3× · Pricier than median
PEG1.02× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 4
FUTURE (revenue growth)0· sector 25
PAST (return on equity)41· sector 22
HEALTH (low debt)95· sector 96
DIVIDEND (yield)16· sector 31
VALUE 0: the price sits above our fair-value range.
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). "Goertek Inc Fair Value". https://www.fairvalue-calculator.com/stock/002241
Frequently asked questions
Is Goertek Inc (002241) overvalued or undervalued?
As of Nov 2, 2026, our model estimates a fair value of ¥14.64 versus a price of ¥24.89, about 41% lower (overvalued).
What is the fair value of 002241?
Our model-based fair value for Goertek Inc is ¥14.64 (as of Nov 2, 2026), built from audited fundamentals. The current price: ¥24.89.
What is the quality score of 002241?
Goertek Inc has a Quality Score of 49/100. 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 price target for Goertek Inc (002241)?
Our model-based price target is the fair value of ¥14.64 (as of Nov 2, 2026) from 17 valuation models. Cautious scenario ¥9.11, optimistic scenario ¥26.48. It is a calculation from audited fundamentals, not an analyst target.
What is the Goertek Inc stock forecast for 2026?
Our models put fair value at ¥14.64, about 41% lower versus a price of ¥24.89 (overvalued). Cautious scenario ¥9.11, optimistic scenario ¥26.48. The calculation is refreshed regularly with new filings.
What is the revenue of Goertek Inc (002241)?
Goertek Inc reported trailing-twelve-month revenue of about 96.7B CNY (latest available figure, as of Nov 2, 2026).
Does Goertek Inc pay a dividend?
Goertek Inc currently shows a dividend yield of 0.80% relative to its recent price (as of Nov 2, 2026).
What is the intrinsic value of Goertek Inc (002241)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Goertek Inc it is ¥14.64 per share (as of Nov 2, 2026), against a price of ¥24.89. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Goertek Inc stock overvalued or undervalued in 2026?
As of Nov 2, 2026, 002241 trades above its calculated fair value: price ¥24.89, fair value ¥14.64, a gap of about −41% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 002241?
No. The price is what the market pays today (¥24.89); the fair value is what the company's own numbers justify (¥14.64). For Goertek Inc the two are ¥10.25 per share apart. That gap is exactly why we show both numbers side by side.
How much is Goertek Inc worth?
The market values Goertek Inc at about 88.3B CNY (market capitalisation, as of Nov 2, 2026). Per share that is ¥24.89; our models calculate a fair value of ¥14.64 per share.
What do the bullish and bearish scenarios say about 002241?
Our models span a range for Goertek Inc: cautious scenario ¥9.11, base ¥14.64, optimistic ¥26.48 per share (as of Nov 2, 2026, price ¥24.89). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 002241?
Goertek Inc trades at a price-to-earnings ratio of 22.0 (as of Nov 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥14.64 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 33.1. Other multiples: PEG 1.0, P/B 2.4, P/S 0.9, EV/EBITDA 12.3.
What is the PEG ratio of 002241?
The PEG ratio of Goertek Inc is 1.02 (P/E divided by earnings growth, as of Nov 2, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Goertek Inc (002241)?
Balance-sheet figures for Goertek Inc (as of Nov 2, 2026): return on equity 10.3%, debt of 0.10 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is 002241 from its 52-week high?
Goertek Inc trades at ¥24.89, about 22% below its 52-week high of ¥31.86 and 25% above the low of ¥19.93 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of ¥14.64 is for.
Which stocks are comparable to Goertek Inc?
From the same area (Technology) we also value Samsung Electronics Co, Sony Group, Xiaomi Corporation, LG Electronics Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Goertek Inc stock attractive at the current price?
The data as of Nov 2, 2026: price ¥24.89, calculated fair value ¥14.64 (−41%), Quality Score 49/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 002241 calculated?
We run Goertek Inc through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥14.64, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Goertek Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Goertek Inc (002241)?
The closing price on Nov 5, 2026 was ¥24.89. Our model-based fair value is ¥14.64, about 41% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Goertek Inc right now?
Weak quality (49/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (¥9.11 to ¥26.48). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of Goertek Inc
How large is the market capitalisation of Goertek Inc (002241)?
The market capitalisation of Goertek Inc is 88.3B CNY (≈ $13.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Goertek Inc (002241)?
The price-to-sales ratio of Goertek Inc is 0.91 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Goertek Inc (002241)?
Earnings per share at Goertek Inc are ¥1.13 (price ÷ EPS = P/E 22.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Goertek Inc (002241)?
The dividend yield of Goertek Inc is 0.8% (payout 17.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Goertek Inc (002241)?
The net margin of Goertek Inc is 4.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Goertek Inc (002241)?
The return on equity (ROE) of Goertek Inc is 10.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Goertek Inc (002241)?
On an EBIT basis the return on assets of Goertek Inc is 3.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Goertek Inc (002241)?
The operating margin of Goertek Inc is 4.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Goertek Inc (002241)?
Revenue at Goertek Inc is growing −7.8% versus a year earlier (3y avg −2.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Goertek Inc (002241)?
Earnings per share at Goertek Inc are growing −3.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Goertek Inc (002241) generate?
The free cash flow of Goertek Inc is −281M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Goertek Inc (002241) hold?
Goertek Inc holds more cash than debt, 7.7B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 2, 2026