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Allmed Medical Products Co (002950) Fair Value & Analysis

Healthcare · CN · Market cap 5.8B CNY

AM Allmed Medical Products Co 002950 · SHE
Price¥9.43
Fair Value¥8.65
Upside-8.3%
Quality68/100
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Weak Growth
Thin margins · 7.1% net margin
Low debt · generates free cash flow
1.60% dividend yield
Ranks above peers (14/14)
Moderate moat 47/100
Evidence: High Range ¥6.48 – ¥10.81 Share as image

Fair value as of: Jul 22, 2026

From 26 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥12.21 to ¥8.65 (−29.2%) since Jun 25, 2026. Share price +5.6% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥6.48 (bear) to ¥10.81 (bull), base ¥8.65. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 68/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥20.57 ¥6.17 Fair Value ¥8.65 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 ¥6.17 – ¥20.57 · fair‑value band ¥6.48 – ¥10.81 · the ¥9.43 price screens above the ¥8.65 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

Allmed Medical Products Co (002950) currently trades at ¥9.43, while our model-based Fair Value estimate is ¥8.65, implying the stock looks roughly 8.3% fairly valued today. The Quality Score stands at 68/100 (solid quality), in the Healthcare 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: high).

Over the trailing twelve months, Allmed Medical Products Co generated revenue of 3.8B CNY at a net margin of 7.1%. Revenue grew 18.1% year over year. It earns a return on equity of 7.8%. The balance sheet holds a net cash position of 1.2M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥6.48 (bear case) to ¥10.81 (bull case); at ¥9.43, 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 37% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -8%, 002950 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 ¥9.75 ¥15.02 ¥23.18 80
Residual Income ¥4.51 ¥4.70 ¥4.92 76
Rev-Margin DCF ¥9.69 ¥15.42 ¥22.52 74
All 26 models by family
DCF Models
FCF DCF ¥9.75 ¥15.37 ¥24.31 38
Owner Earnings ¥5.60 ¥8.45 ¥12.97 31
5Y Revenue Exit ¥9.69 ¥15.52 ¥23.25 39
5Y EBITDA Exit ¥12.50 ¥21.10 ¥31.64 41
5Y P/E Exit ¥8.10 ¥12.36 ¥17.03 38
10Y Revenue Exit ¥9.36 ¥14.74 ¥22.59 36
10Y EBITDA Exit ¥11.42 ¥18.66 ¥29.22 37
10Y P/E Exit ¥8.61 ¥12.53 ¥17.68 35
Earnings-Based
Graham-Dodd ¥2.67 ¥10.81 ¥14.71 54
Lynch FV ¥2.70 ¥3.86 ¥5.02 50
PEG = 1.0 ¥2.70 ¥3.86 ¥5.02 46
EPV ¥8.66 ¥9.81 ¥10.81 59
Dividend Discount
Gordon GGM ¥0.7300 ¥1.45 ¥2.19 70
DDM Multi-Stage ¥0.7300 ¥1.25 ¥1.53 61
Multiples
P/E Multiple ¥6.48 ¥8.65 ¥10.81 63
P/S Multiple ¥5.01 ¥6.68 ¥8.35 58
P/B Multiple ¥5.01 ¥6.68 ¥8.35 55
EV/EBIT ¥13.32 ¥17.32 ¥21.31 53
EV/EBITDA ¥15.24 ¥19.86 ¥24.49 54
EV/Revenue ¥9.90 ¥13.56 ¥17.22 43
Asset-Based
NCAV (Graham) ¥2.84 ¥3.80 ¥5.68 50
Growth DCF
Growth DCF ¥9.75 ¥15.02 ¥23.18 80
Rev-Margin DCF ¥9.69 ¥15.42 ¥22.52 74
Economic Profit
Residual Income ¥4.51 ¥4.70 ¥4.92 76
ROIC Compounder ¥9.42 ¥11.89 ¥15.00 72
Growth Earnings
Growth-Adj P/E ¥4.84 ¥6.92 ¥8.99 68

Widest divergence: Growth DCF (¥15.02) versus Dividend Discount (¥1.25). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 3.8B CNY
Revenue growth (YoY) +18.1%
Net margin 7.1%
Return on equity 7.8%
Free cash flow 457M CNY FY2025
P/E ratio 20.8
More key figures
Operating margin 16.7%
EPS (TTM) ¥0.4400
Dividend yield 1.6%
EPS growth (YoY) +29.6%
Net cash 1.2M CNY FY2024

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

Quality Score breakdown

Overall quality 68/100

Of which business quality 67 · Market factors (momentum, volatility) 38

Profitability 38
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 69
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 75
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

Allmed Medical Products Co.,Ltd manufactures and sells wound care and nursing material products in China. The company's traditional wound care products include non-woven and woven gauze swabs, non-adherent pads, drain sponges, abdominal pads, fluffy sponges/bandages, woven gauze and nonwoven gauze balls, eye pads, cotton-filled exodontia sponges, packing …

Full company description

Allmed Medical Products Co.,Ltd manufactures and sells wound care and nursing material products in China. The company's traditional wound care products include non-woven and woven gauze swabs, non-adherent pads, drain sponges, abdominal pads, fluffy sponges/bandages, woven gauze and nonwoven gauze balls, eye pads, cotton-filled exodontia sponges, packing strips, ribbon gauze, cotton-tipped applicators, elastic net bandages, nose bandages, instrument covers, impregnated gauze dressings, adhesive dressings and tapes, wound bandages, kits, and precut gamgee. Its advanced wound care products consist of hydrocolloid dressings, hydrocolloid bandages, blister dressings, silicone foam dressings, superabsorbent dressings, silicone scar patches, and alginate dressings. OR consumables include x-ray woven gauze/nonwoven gauze swabs and balls, neuro and laparotomy sponges, OR towels, and disposable towel drapes. In addition, the company offers SMS fabric, sterilization wraps, surgical gowns, drapes, surgical packs, normal isolation gowns, isolation gowns (various levels), masks, surgical caps, shoe covers, and boot covers. Allmed Medical Products Co.,Ltd was founded in 1997 and is based in Shenzhen, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Allmed Medical Products Co reported revenue of ¥3.7B in FY2025 versus ¥2.9B in FY2021, a compound +5.8%/yr. Reported net income was ¥249M in FY2025, compounding −12.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.7B CNY
Latest YoY
+10.4%
Avg. growth/yr (3Y)
−4.5%
Avg. growth/yr (5Y)
−0.9%
Avg. growth/yr (11Y)
+8.4%
Revenue +5.8%/yr
FY21 ¥2.9B
FY22 ¥4.2B
FY23 ¥2.8B
FY24 ¥3.3B
FY25 ¥3.7B
Net income −12.8%/yr
FY21 ¥431M
FY22 ¥407M
FY23 ¥110M
FY24 ¥369M
FY25 ¥249M

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Cite: Fair Value Calculator (2026). "Allmed Medical Products Co Fair Value". https://www.fairvalue-calculator.com/stock/002950

Peer Group

Medical Instruments & Supplies · 203 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 68 · Top 25%
Fair Value upside −8% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 17% · Above median
Revenue growth 18% · Top 25%
Dividend yield (TTM) 1.6% · Above median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Medical Instruments & Supplies median · lower = cheaper

P/E (TTM) 20.8× · Cheaper than median
P/B 1.62× · Cheaper than median
P/S (TTM) 1.53× · Cheaper than median
P/FCF 1.9× · Cheaper than median
EV/EBITDA 5.9× · Cheaper than 75% of peers

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 22 · sector 0
FUTURE 91 · sector 27
PAST 31 · sector 25
HEALTH 98 · sector 96
DIVIDEND 32 · sector 32

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 Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $402.33 $150.04 -63%
EssilorLuxottica Société anonyme 1EL €172.45 €68.55 -60%
Medline Inc MDLN $41.11 $30.15 -27%
Becton, Dickinson and Company BDX $150.65 $103.53 -31%
Alcon Inc ALC $70.26 $39.78 -43%
ResMed Inc RMD $203.87 $187.89 -8%
West Pharmaceutical Services, Inc WST $353.71 $143.97 -59%
Straumann Holding STMN CHF 106.00 CHF 47.31 -55%
Sartorius Stedim Biotech S.A DIM €188.50 €51.16 -73%
Coloplast A/S COLOB kr 414.00 kr 382.22 -8%

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Frequently asked questions

Is Allmed Medical Products Co (002950) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥8.65 versus a price of ¥9.43, about −8% (fairly valued).
What is the fair value of 002950?
Our model-based fair value for Allmed Medical Products Co is ¥8.65 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥9.43.
What is the quality score of 002950?
Allmed Medical Products Co has a Quality Score of 68/100. 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 Allmed Medical Products Co (002950)?
Allmed Medical Products Co reported trailing-twelve-month revenue of about 3.8B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002950?
The net profit margin of Allmed Medical Products Co is about 7.1%, meaning it keeps roughly 7.1% of revenue as net income. Based on the latest reported figures.
Does Allmed Medical Products Co pay a dividend?
Allmed Medical Products Co currently shows a dividend yield of about 1.60% relative to its recent price (as of Jul 22, 2026).

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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