GRG Metrology & Test Group (002967) Fair Value & Analysis
Industrials · CN · Market cap 11.6B CNY
Fair value as of: Jul 22, 2026
From 26 valuation models · updated 19 days ago
Fair value updated Jul 22, 2026, revised from ¥13.99 to ¥11.69 (−16.4%) since Jun 25, 2026. Share price −6.4% over the past month.
A solid business, but screening 32% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (¥14.91). The favourable scenario is already priced in.
- Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
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 ¥9.46 – ¥42.16 · fair‑value band ¥8.49 – ¥14.91 · the ¥17.25 price screens above the ¥11.69 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.
Analysis
GRG Metrology & Test Group (002967) currently trades at ¥17.25, while our model-based Fair Value estimate is ¥11.69, implying the stock looks roughly 32.2% overvalued today. The Quality Score stands at 67/100 (solid 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: high).
Over the trailing twelve months, GRG Metrology & Test Group generated revenue of 3.7B CNY at a net margin of 11.8%. Revenue grew 15.4% year over year. It earns a return on equity of 10.7%. Net debt stands at 769M CNY. Fundamentals as of Jul 22, 2026
Our scenario range runs from ¥8.49 (bear case) to ¥14.91 (bull case); at ¥17.25, 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 35% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -4% fair-value upside, at -32%, 002967 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.
All 26 models by family
Widest divergence: DCF Models (¥22.23) versus Asset-Based (¥3.80). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 68 · Market factors (momentum, volatility) 37
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
GRG Metrology & Test Group Co., Ltd., together with its subsidiaries, operates as a third-party measurement and testing institution in China.
Full company description
GRG Metrology & Test Group Co., Ltd., together with its subsidiaries, operates as a third-party measurement and testing institution in China. It offers measurement and calibration, environmental and reliability testing, EMC testing, chemical and failure analysis, safety test and certification, environmental monitoring, and food and agricultural product testing services; integrated circuit testing and analysis, electromagnetic compatibility testing, and ecological environment testing; and EHS evaluation services, including safety evaluation, environmental impact assessment, and occupational health evaluation; and reference materials. The company also provides data science analysis and evaluation services, such as network security, software evaluation, and artificial intelligence testing; and technical services, including artificial intelligence ecosystem verification and human-machine efficacy evaluation, as well as digital services comprising data governance capability evaluation, digital evaluation consulting and training, and data asset security compliance evaluation and inclusion. In addition, It offers technical training and consulting; and software development services. The company serves the vehicle, aviation, rail transit, ship, communication, electricity, food, agriculture, medical, electronic, textile, and petrochemical industries. The company was formerly known as Guang Zhou GRG Metrology & Test Co., Ltd and changed its name to GRG Metrology & Test Group Co., Ltd. in March 2023. GRG Metrology & Test Group Co., Ltd. was founded in 1964 and is based in Guangzhou, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
GRG Metrology & Test Group reported revenue of ¥3.6B in FY2025 versus ¥2.2B in FY2021, a compound +12.5%/yr. Reported net income was ¥425M in FY2025, compounding +23.6%/yr from FY2021.
002967 screens 32% overvalued. Compare with Verisk Analytics, Inc →
Peer Group
Consulting Services · 83 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.
Valuation Multiples vs Consulting Services median · lower = cheaper
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 0: the price sits above our fair-value range.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Consulting Services stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Verisk Analytics, Inc VRSK | $201.49 | $145.58 | -28% |
| SGS SA SGSN | CHF 94.68 | CHF 68.96 | -27% |
| Equifax Inc EFX | $177.08 | $101.34 | -43% |
| Bureau Veritas SA BVI | €27.20 | €27.81 | +2% |
| ALS Limited ALQ | A$21.96 | A$11.02 | -50% |
| Booz Allen Hamilton Holding BAH | $63.94 | $120.62 | +89% |
| DKSH Holding DKSH | CHF 67.60 | CHF 64.81 | -4% |
| FTI Consulting, Inc FCN | $156.86 | $171.64 | +9% |
| Centre Testing International Group 300012 | ¥14.06 | ¥11.90 | -15% |
| Ipsos SA IPS | €34.88 | €85.77 | +146% |
Compare GRG Metrology & Test Group with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is GRG Metrology & Test Group (002967) overvalued or undervalued?
What is the fair value of 002967?
What is the quality score of 002967?
What is the revenue of GRG Metrology & Test Group (002967)?
What is the net profit margin of 002967?
Does GRG Metrology & Test Group 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.
Track GRG Metrology & Test Group and try Pro for 14 days
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.