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Chengdu Xinzhu Road&Bridge Machinery Co (002480) Fair Value & Analysis

Industrials · CN · Market cap 4.4B CNY

CX Chengdu Xinzhu Road&Bridge Machinery Co 002480 · SHE
Price¥5.54
Fair Value¥2.46
Upside-55.6%
Quality41/100
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Weak Growth
Loss-making · -12.7% net margin
High debt · generates free cash flow
Trails peers (4/12)
Narrow moat 26/100
Evidence: Medium Range ¥0.4920 – ¥4.62 Share as image

Fair value as of: Jul 22, 2026

From 6 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥4.14 to ¥2.46 (−40.6%) since Jun 25, 2026. Share price +9.3% over the past month.

Below-average quality, and screening another 56% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥4.62). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (¥0.4920 to ¥4.62). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

¥7.89 ¥2.83 Fair Value ¥2.46 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 ¥2.83 – ¥7.89 · fair‑value band ¥0.4920 – ¥4.62 · the ¥5.54 price screens above the ¥2.46 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 →

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Analysis

Chengdu Xinzhu Road&Bridge Machinery Co (002480) currently trades at ¥5.54, while our model-based Fair Value estimate is ¥2.46, implying the stock looks roughly 55.6% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Industrials 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, Chengdu Xinzhu Road&Bridge Machinery Co generated revenue of 1.5B CNY at a net margin of -12.7%. Revenue declined 1.8% year over year. It earns a return on equity of -6.5%. Net debt stands at 4.7B CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥0.4920 (bear case) to ¥4.62 (bull case); at ¥5.54, 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 29% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 12% fair-value upside, at -56%, 002480 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
Gordon GGM ¥2.53 ¥3.55 ¥4.56 70
DDM Multi-Stage ¥2.53 ¥3.50 ¥4.58 61
EV/EBITDA ¥0.6300 ¥2.79 ¥4.94 54
All 6 models by family
DCF Models
5Y EBITDA Exit ¥1.22 ¥4.25 41
10Y EBITDA Exit ¥2.20 37
Dividend Discount
Gordon GGM ¥2.53 ¥3.55 ¥4.56 70
DDM Multi-Stage ¥2.53 ¥3.50 ¥4.58 61
Multiples
EV/EBITDA ¥0.6300 ¥2.79 ¥4.94 54
Asset-Based
NCAV (Graham) ¥0.5500 ¥0.7400 ¥1.10 50

Widest divergence: Dividend Discount (¥3.50) versus Asset-Based (¥0.7400). Highest evidence: Gordon GGM (70).

Key figures & financial health

Revenue (TTM) 1.5B CNY
Revenue growth (YoY) -1.8%
Net margin -12.7%
Return on equity -6.5%
Free cash flow 199M CNY FY2025
Operating margin 19.3%
More key figures
EPS (TTM) ¥-0.2400
Net debt 4.7B CNY FY2025

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

Quality Score breakdown

Overall quality 41/100

Of which business quality 39 · Market factors (momentum, volatility) 37

Profitability 5
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 7
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 82
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

Chengdu Xinzhu Road&Bridge Machinery Co.,LTD, together with its subsidiaries, provides products and services for urban rail transit systems in China and internationally. It operates through Bridge Features, Railway Transportation, and Photovoltaic Power Generation segments.

Full company description

Chengdu Xinzhu Road&Bridge Machinery Co.,LTD, together with its subsidiaries, provides products and services for urban rail transit systems in China and internationally. It operates through Bridge Features, Railway Transportation, and Photovoltaic Power Generation segments. The company offers urban rail transit systems comprising embedded medium-low speed maglev, modern tram, suspended monorail, and the imbedded and continuously supported track systems, as well as metro transports. It also provides transportation functional components, including bridge supports comprising isolation and rubber bearing, and steel support products; expansion joints; bridge inspection vehicles; pre-stressed anchorage devices; bridge dampers consisting of lead, mild steel, and viscous dampers; and disaster reduction and prevention products, including flexible steel frame, and active and passive protection netting products. In addition, the company offers photovoltaic power generation, investment management, consulting, trading, and agricultural planting services. Chengdu Xinzhu Road&Bridge Machinery Co.,LTD was founded in 1996 and is based in Chengdu, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chengdu Xinzhu Road&Bridge Machinery Co reported revenue of ¥1.5B in FY2025 versus ¥1.7B in FY2021, a compound −3.6%/yr. Reported net income was −¥168M in FY2025.

Growth Quality 17/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.5B CNY
Latest YoY
−40.0%
Avg. growth/yr (3Y)
−3.3%
Avg. growth/yr (5Y)
−8.6%
Avg. growth/yr (18Y)
+6.5%
Revenue −3.6%/yr
FY21 ¥1.7B
FY22 ¥1.6B
FY23 ¥2.5B
FY24 ¥2.5B
FY25 ¥1.5B
Net income
FY21 −¥233M
FY22 −¥566M
FY23 −¥342M
FY24 −¥409M
FY25 −¥168M

002480 screens 56% overvalued. Compare with Caterpillar Inc →

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Cite: Fair Value Calculator (2026). "Chengdu Xinzhu Road&Bridge Machinery Co Fair Value". https://www.fairvalue-calculator.com/stock/002480

Peer Group

Farm & Heavy Construction Machinery · 148 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 41 · Bottom 25%
Fair Value upside −56% · Bottom 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) -13% · Bottom 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth -2% · Below median
Debt / equity 6.85× · Higher than 75% of peers

Valuation Multiples vs Farm & Heavy Construction Machinery median · lower = cheaper

P/B 0.77× · Cheaper than 75% of peers
P/S (TTM) 0.44× · Cheaper than 75% of peers
P/FCF 3.2× · Cheaper than median
EV/EBITDA 11.2× · Pricier than median

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 Farm & Heavy Construction Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Caterpillar Inc CAT $952.41 $307.83 -68%
Deere & Company DE $597.24 $187.86 -69%
AB Volvo (publ), VOLVA kr 336.60 kr 288.08 -14%
PACCAR Inc PCAR $126.20 $94.80 -25%
Epiroc AB EPIA kr 251.90 kr 144.14 -43%
Exor N.V EXO €69.40 €219.41 +216%
Sany Heavy Industry Co 600031 ¥18.65 ¥20.84 +12%
XCMG Construction Machinery Co 000425 ¥8.39 ¥11.79 +41%
Sinotruk (Hong Kong) Limited 3808 HK$41.00 HK$53.51 +31%
Yutong Bus Co 600066 ¥32.29 ¥42.00 +30%

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Frequently asked questions

Is Chengdu Xinzhu Road&Bridge Machinery Co (002480) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥2.46 versus a price of ¥5.54, about −56% (overvalued).
What is the fair value of 002480?
Our model-based fair value for Chengdu Xinzhu Road&Bridge Machinery Co is ¥2.46 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥5.54.
What is the quality score of 002480?
Chengdu Xinzhu Road&Bridge Machinery Co has a Quality Score of 41/100. 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 Chengdu Xinzhu Road&Bridge Machinery Co (002480)?
Chengdu Xinzhu Road&Bridge Machinery Co reported trailing-twelve-month revenue of about 1.5B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002480?
The net profit margin of Chengdu Xinzhu Road&Bridge Machinery Co is about -12.7%, meaning it is currently running at a net loss. 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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