Shenzhen Rapoo Technology (002577) fair value: what the stock is really worth
As of Oct 26, 2026: fair value (intrinsic value) of Shenzhen Rapoo Technology stock ¥17.52, price ¥19.78, upside -11.4%, quality 57 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?No
Good quality?Yes
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 26, 2026.
How to read this chart
60‑month range ¥8.79 – ¥29.15 · fair‑value band ¥15.72 – ¥20.50 · the ¥19.78 price screens above the ¥17.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 26, 2026.
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The company offers wired and wireless mice and keyboards; combo sets; and gaming products, such as mice, keyboards, headsets and audio, combos, gamepads and controllers, and gaming accessories and gears.
It also provides video conference camera, webcam, presentation pointers, speaker phones, USB hubs, and laptop cooling pads and holders. It offers its products under the Rapoo brand. The company was founded in 2002 and is based in Shenzhen, China.
Stock analysis
Shenzhen Rapoo Technology (002577) currently trades at ¥19.78, while our model-based Fair Value estimate is ¥17.52, 11.4% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of ¥3.54 per share, and 0 of the 14 models we run sit above the ¥19.78 price.
Bear case: the Multiples group reads lowest at ¥1.81, and 14 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥15.72 (bear) to ¥20.50 (bull), the price of ¥19.78 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 57/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Shenzhen Rapoo Technology reported revenue of 457M CNY in FY2025 versus 487M CNY in FY2021, a compound −1.6%/yr. Reported net income was −4.7M CNY in FY2025.
Key figures
Market cap 5.6B CNY (≈ $834M) Small · P/S ratio 12.1 · EPS (TTM) ¥−0.0200 · Net margin −1.1% · Return on equity −0.4% · Return on assets (EBIT) 2.9% · Operating margin 1.3% · Revenue (TTM) 478M CNY.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 34% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at −11%, 002577 screens richer than that median.
Fair Value models
Bear¥15.72Fair Value ¥17.52Bull¥20.50
Price ¥19.78 · Upside -11.4%
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.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.
Best data coverage
FCF DCF¥1.31¥1.46¥1.7180
Growth DCF¥1.33¥1.47¥1.6977
Owner Earnings¥1.00¥1.04¥1.1275
All 14 models by family
DCF Models
FCF DCF¥1.31¥1.46¥1.7180
Owner Earnings¥1.00¥1.04¥1.1275
5Y Revenue Exit¥1.21¥1.34¥1.5371
5Y EBITDA Exit¥1.61¥2.03¥2.5874
10Y Revenue Exit¥1.25¥1.34¥1.4466
10Y EBITDA Exit¥1.48¥1.74¥2.0267
Earnings-Based
EPV¥1.00¥1.02¥1.0470
Multiples
EV/EBIT¥1.61¥1.81¥2.0163
EV/EBITDA¥2.14¥2.51¥2.8864
EV/Revenue¥1.31¥1.44¥1.5752
Asset-Based
NCAV (Graham)¥2.34¥3.54¥4.4352
Growth DCF
Growth DCF¥1.33¥1.47¥1.6977
Rev-Margin DCF¥1.21¥1.35¥1.5371
Economic Profit
ROIC Compounder¥1.00¥1.02¥1.0470
The fair value above starts from this blend and is adjusted for a year distorted by one-off effects.
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.30/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+4.5%
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.
+0.7%
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.
+0.3%
Start year 2020 (pandemic). Over 10 years: −0.9% a year
Revenue growth 17 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.
+2.1%
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Profit margin (trend) ⓘ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.
11.7% (2020) → 2.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+70.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +67.3% a year for the price.
Compare Shenzhen Rapoo Technology with another stock
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.Computer Hardware · 211 stocks
Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−11.4% · Above median
Profitability
Return on assets−0.4% · Below median
Net margin (12 months)−1.1% · Bottom 25%
Operating margin (12 months)1.3% · Below median
Growth and dividend
Revenue growth (quarter YoY)11.4% · Below median
Valuation Multiplesvs Computer Hardware median · lower = cheaper
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.
Is Shenzhen Rapoo Technology (002577) overvalued or undervalued?
As of Oct 26, 2026, our model estimates a fair value of ¥17.52 versus a price of ¥19.78, about −11% upside (overvalued).
What is the fair value of 002577?
Our model-based fair value for Shenzhen Rapoo Technology is ¥17.52 (as of Oct 26, 2026), built from audited fundamentals. The current price: ¥19.78.
What is the quality score of 002577?
Shenzhen Rapoo Technology has a Quality Score of 57/100. 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 Shenzhen Rapoo Technology (002577)?
Our model-based price target is the fair value of ¥17.52 (as of Oct 26, 2026) from 14 valuation models. Cautious scenario ¥15.72, optimistic scenario ¥20.50. It is a calculation from audited fundamentals, not an analyst target.
What is the Shenzhen Rapoo Technology stock forecast for 2026?
Our models put fair value at ¥17.52, about −11% upside versus a price of ¥19.78 (overvalued). Cautious scenario ¥15.72, optimistic scenario ¥20.50. The calculation is refreshed regularly with new filings.
What is the revenue of Shenzhen Rapoo Technology (002577)?
Shenzhen Rapoo Technology reported trailing-twelve-month revenue of about 478M CNY (latest available figure, as of Oct 26, 2026).
What growth is priced into Shenzhen Rapoo Technology (002577)?
For today's price to be fair in a discounted-cash-flow model, Shenzhen Rapoo Technology would have to grow free cash flow by +70.1 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +0.3 % per year. As of Oct 26, 2026.
What discount rate (WACC) does the fair value of 002577 use?
Our models discount Shenzhen Rapoo Technology at 10.4 %: a base by market capitalisation (small), damped by beta 0.47, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Shenzhen Rapoo Technology that is +70.1 % per year a year over ten years, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Shenzhen Rapoo Technology (002577) delivered so far?
Over the past 5 years revenue at Shenzhen Rapoo Technology grew +0.3 % a year. The price currently implies +70.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Shenzhen Rapoo Technology (002577) growing?
The median revenue growth in the sector is +10.8 % a year. That is the yardstick for the growth priced into Shenzhen Rapoo Technology (+70.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Shenzhen Rapoo Technology (002577)?
The free-cash-flow yield on the price is 0.26 %: that much free cash flow Shenzhen Rapoo Technology produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Shenzhen Rapoo Technology (002577)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shenzhen Rapoo Technology it is ¥17.52 per share (as of Oct 26, 2026), against a price of ¥19.78. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Shenzhen Rapoo Technology stock overvalued or undervalued in 2026?
As of Oct 26, 2026, 002577 trades above its calculated fair value: price ¥19.78, fair value ¥17.52, a gap of about −11% (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 002577?
No. The price is what the market pays today (¥19.78); the fair value is what the company's own numbers justify (¥17.52). For Shenzhen Rapoo Technology the two are ¥2.26 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shenzhen Rapoo Technology worth?
The market values Shenzhen Rapoo Technology at about 5.6B CNY (market capitalisation, as of Oct 26, 2026). Per share that is ¥19.78; our models calculate a fair value of ¥17.52 per share.
What do the bullish and bearish scenarios say about 002577?
Our models span a range for Shenzhen Rapoo Technology: cautious scenario ¥15.72, base ¥17.52, optimistic ¥20.50 per share (as of Oct 26, 2026, price ¥19.78). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Shenzhen Rapoo Technology (002577)?
Balance-sheet figures for Shenzhen Rapoo Technology (as of Oct 26, 2026): return on equity −0.4%. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 002577 from its 52-week high?
Shenzhen Rapoo Technology trades at ¥19.78, about 12% below its 52-week high of ¥22.58 and 34% above the low of ¥14.80 (as of Oct 26, 2026). Distance from the high says nothing about value: that is what the fair value of ¥17.52 is for.
Which stocks are comparable to Shenzhen Rapoo Technology?
From the same area (Technology) we also value Dell Technologies Inc, Sandisk Corporation, Arista Networks, Inc, Seagate Technology Holdings, 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 Shenzhen Rapoo Technology stock attractive at the current price?
The data as of Oct 26, 2026: price ¥19.78, calculated fair value ¥17.52 (−11%), Quality Score 57/100, from 14 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 002577 calculated?
We run Shenzhen Rapoo Technology through 14 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 ¥17.52, 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 12.7 % above its aggregate fair value. Shenzhen Rapoo Technology 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 Shenzhen Rapoo Technology (002577)?
The closing price on Oct 26, 2026 was ¥19.78. Our model-based fair value is ¥17.52, about −11% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shenzhen Rapoo Technology right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of Shenzhen Rapoo Technology (002577) come from?
Earnings per share at Shenzhen Rapoo Technology grew −0.1 % a year from 2013 to 2024. Broken into its drivers: revenue per share −0.9 %, EBIT margin −0.2 %, tax rate −1.8 %, residual (interest, one-offs) +2.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Shenzhen Rapoo Technology
How large is the market capitalisation of Shenzhen Rapoo Technology (002577)?
The market capitalisation of Shenzhen Rapoo Technology is 5.6B CNY (≈ $834M). 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 Shenzhen Rapoo Technology (002577)?
The price-to-sales ratio of Shenzhen Rapoo Technology is 12.1 (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 Shenzhen Rapoo Technology (002577)?
Earnings per share at Shenzhen Rapoo Technology are ¥−0.0200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Shenzhen Rapoo Technology (002577)?
The net margin of Shenzhen Rapoo Technology is −1.1% (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 Shenzhen Rapoo Technology (002577)?
The return on equity (ROE) of Shenzhen Rapoo Technology is −0.4% (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 Shenzhen Rapoo Technology (002577)?
On an EBIT basis the return on assets of Shenzhen Rapoo Technology is 2.9% (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 Shenzhen Rapoo Technology (002577)?
The operating margin of Shenzhen Rapoo Technology is 1.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shenzhen Rapoo Technology (002577)?
Revenue at Shenzhen Rapoo Technology is growing +11.4% versus a year earlier (3y avg +0.7%). 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 Shenzhen Rapoo Technology (002577)?
Earnings per share at Shenzhen Rapoo Technology are growing +44.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Shenzhen Rapoo Technology (002577) hold?
Shenzhen Rapoo Technology holds more cash than debt, 285M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Thin data
Oct 26, 2026