Chengdu Tianjian Technology Co Ltd (002977) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Chengdu Tianjian Technology Co Ltd ¥8.49, price ¥19.66, upside -56.8%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Chengdu Tianjian Technology Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ¥19.12 – ¥58.97 · fair‑value band ¥7.50 – ¥10.04 · the ¥19.66 price screens above the ¥8.49 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Chengdu Tianjian Technology Co in your weekly email
Every Wednesday you see whether Chengdu Tianjian Technology Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Chengdu Tianjian Technology Co., Ltd. engages in the research and development, production, and sales of solid-state microwave front end products in China. It offers high-power solid-state transmitters; new phased array antennas; missile-borne solid-state transmitters; and other microwave components.
Show more
Chengdu Tianjian Technology Co., Ltd. engages in the research and development, production, and sales of solid-state microwave front end products in China. It offers high-power solid-state transmitters; new phased array antennas; missile-borne solid-state transmitters; and other microwave components. Its products are used in radar systems, satellite communications, measurement and control and other fields. The company was founded in 2005 and is based in Chengdu, China.
Stock analysis
Chengdu Tianjian Technology Co Ltd (002977) currently trades at ¥19.66, while our model-based Fair Value estimate is ¥8.49, implying the stock looks roughly 131.6% overvalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of ¥8.29 per share, and 0 of the 5 models we run sit above the ¥19.66 price.
Bear case: the Dividend Discount group reads lowest at ¥1.51, and 5 of the 5 models stay below the price. Evidence for this calculation is low.
Scenario range: ¥7.50 (bear) to ¥10.04 (bull), the price of ¥19.66 sits above 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 58/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Chengdu Tianjian Technology Co Ltd reported revenue of −171M CNY in FY2025 versus 278M CNY in FY2021. Reported net income was −226M CNY in FY2025.
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 56% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −26% fair-value upside, at −57%, 002977 screens richer than that median.
Fair Value models
Bear ¥7.50Fair Value ¥8.49Bull ¥10.04
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.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.Evidence ⓘEvidence = 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.9/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−18.3%
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.
−21.1%
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.
−13.2%
Revenue growth 9 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.
+4.2%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
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.
41.1% (2019) → 12.9% (2024)
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).
+26.4%
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 +24.3% a year for the price.
Compare Chengdu Tianjian Technology Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Aerospace & Defense · 230 stocks
Beats the industry median on 6/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−57% · Below median
Profitability
Return on assets−13% · Bottom 25%
Net margin (TTM)132% · Top 25%
Operating margin (TTM)28% · Top 25%
Growth and dividend
Revenue growth−74% · Bottom 25%
Dividend yield (TTM)0.7% · Below median
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
P/B0.53× · Cheapest 25%
P/FCF10.5× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 47
PAST (return on equity)0· sector 37
HEALTH (low debt)99· sector 93
DIVIDEND (yield)14· sector 17
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). "Chengdu Tianjian Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/002977
Frequently asked questions
Is Chengdu Tianjian Technology Co Ltd (002977) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ¥8.49 versus a price of ¥19.66, about −57% upside (overvalued).
What is the fair value of 002977?
Our model-based fair value for Chengdu Tianjian Technology Co Ltd is ¥8.49 (as of Sep 24, 2026), built from audited fundamentals. The current price: ¥19.66.
What is the quality score of 002977?
Chengdu Tianjian Technology Co Ltd has a Quality Score of 58/100. 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 Chengdu Tianjian Technology Co Ltd (002977)?
Our model-based price target is the fair value of ¥8.49 (as of Sep 24, 2026) from 5 valuation models. Cautious scenario ¥7.50, optimistic scenario ¥10.04. It is a calculation from audited fundamentals, not an analyst target.
What is the Chengdu Tianjian Technology Co Ltd stock forecast for 2026?
Our models put fair value at ¥8.49, about −57% upside versus a price of ¥19.66 (overvalued). Cautious scenario ¥7.50, optimistic scenario ¥10.04. The calculation is refreshed regularly with new filings.
Does Chengdu Tianjian Technology Co Ltd pay a dividend?
Chengdu Tianjian Technology Co Ltd currently shows a dividend yield of about 0.72% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Chengdu Tianjian Technology Co Ltd (002977)?
For today's price to be fair in a discounted-cash-flow model, Chengdu Tianjian Technology Co Ltd would have to grow free cash flow by +26.4 % 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 -13.2 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 002977 use?
Our models discount Chengdu Tianjian Technology Co Ltd at 10.4 %: a base by market capitalisation (small), damped by beta 0.18, 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 Chengdu Tianjian Technology Co Ltd that is +26.4 % 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 Chengdu Tianjian Technology Co Ltd (002977) delivered so far?
Over the past 5 years revenue at Chengdu Tianjian Technology Co Ltd grew -13.2 % a year. The price currently implies +26.4 % 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 Chengdu Tianjian Technology Co Ltd (002977) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Chengdu Tianjian Technology Co Ltd (+26.4 % 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 Chengdu Tianjian Technology Co Ltd (002977)?
The free-cash-flow yield on the price is 1.81 %: that much free cash flow Chengdu Tianjian Technology Co Ltd 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 Chengdu Tianjian Technology Co Ltd (002977)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Chengdu Tianjian Technology Co Ltd it is ¥8.49 per share (as of Sep 24, 2026), against a price of ¥19.66. It is the blended result of 5 valuation models (cash flow, earnings, asset, dividend).
Is Chengdu Tianjian Technology Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 002977 trades above its calculated fair value: price ¥19.66, fair value ¥8.49, a gap of about −57% (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 002977?
No. The price is what the market pays today (¥19.66); the fair value is what the company's own numbers justify (¥8.49). For Chengdu Tianjian Technology Co Ltd the two are ¥11.17 per share apart. That gap is exactly why we show both numbers side by side.
How much is Chengdu Tianjian Technology Co Ltd worth?
The market values Chengdu Tianjian Technology Co Ltd at about 3.0B CNY (market capitalisation, as of Sep 24, 2026). Per share that is ¥19.66; our models calculate a fair value of ¥8.49 per share.
What do the bullish and bearish scenarios say about 002977?
Our models span a range for Chengdu Tianjian Technology Co Ltd: cautious scenario ¥7.50, base ¥8.49, optimistic ¥10.04 per share (as of Sep 24, 2026, price ¥19.66). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Chengdu Tianjian Technology Co Ltd (002977)?
Balance-sheet figures for Chengdu Tianjian Technology Co Ltd (as of Sep 24, 2026): return on equity −24.3%, debt of 0.01 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 002977 from its 52-week high?
Chengdu Tianjian Technology Co Ltd trades at ¥19.66, about 56% below its 52-week high of ¥44.41 and at the low of ¥19.57 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of ¥8.49 is for.
Which stocks are comparable to Chengdu Tianjian Technology Co Ltd?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Airbus SE, Lockheed Martin Corporation, 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 Chengdu Tianjian Technology Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price ¥19.66, calculated fair value ¥8.49 (−57%), Quality Score 58/100, from 5 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 002977 calculated?
We run Chengdu Tianjian Technology Co Ltd through 5 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 ¥8.49, 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 14.0 % above its aggregate fair value. Chengdu Tianjian Technology Co Ltd 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 Chengdu Tianjian Technology Co Ltd (002977)?
The closing price on Sep 24, 2026 was ¥19.66. Our model-based fair value is ¥8.49, about −57% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Chengdu Tianjian Technology Co Ltd right now?
The price sits above even our optimistic bull case (¥10.04). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Chengdu Tianjian Technology Co Ltd
How large is the market capitalisation of Chengdu Tianjian Technology Co Ltd (002977)?
The market capitalisation of Chengdu Tianjian Technology Co Ltd is 3.0B CNY (≈ $450M). 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 are the earnings per share of Chengdu Tianjian Technology Co Ltd (002977)?
Earnings per share at Chengdu Tianjian Technology Co Ltd are ¥−1.99. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Chengdu Tianjian Technology Co Ltd (002977)?
The dividend yield of Chengdu Tianjian Technology Co Ltd is 0.7%. 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 return on equity of Chengdu Tianjian Technology Co Ltd (002977)?
The return on equity (ROE) of Chengdu Tianjian Technology Co Ltd is −24.3% (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 Chengdu Tianjian Technology Co Ltd (002977)?
On an EBIT basis the return on assets of Chengdu Tianjian Technology Co Ltd is −1.0% (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 Chengdu Tianjian Technology Co Ltd (002977)?
The operating margin of Chengdu Tianjian Technology Co Ltd is 28.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How much revenue does Chengdu Tianjian Technology Co Ltd (002977) generate?
Chengdu Tianjian Technology Co Ltd generates revenue of −210M CNY (last twelve months). Revenue of the last twelve months (TTM), the most recent full year, not the calendar year.
How fast is revenue growing at Chengdu Tianjian Technology Co Ltd (002977)?
Revenue at Chengdu Tianjian Technology Co Ltd is growing −73.9% versus a year earlier. 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 Chengdu Tianjian Technology Co Ltd (002977)?
Earnings per share at Chengdu Tianjian Technology Co Ltd are growing −76.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Chengdu Tianjian Technology Co Ltd (002977) hold?
Chengdu Tianjian Technology Co Ltd holds more cash than debt, 517M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Chengdu Tianjian Technology Co Ltd in the live analysis
One click puts Chengdu Tianjian Technology Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
