EN DE

Angang Steel Company (0347) Fair Value & Analysis

Basic Materials · HK · Market cap HK$10.4B

AS Angang Steel Company 0347 · HK
PriceHK$1.12
Fair ValueHK$1.26
Upside+13.0%
Quality43/100
Watch Angang Steel Company for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -5.4% net margin
Low debt · negative free cash flow
Trails peers (3/11)
Narrow moat 0/100
Evidence: Low Range HK$0.7000 – HK$1.94 Share as image

Fair value as of: Aug 13, 2026

From 4 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$0.6300 to HK$1.26 (+100.0%) since Aug 2, 2026. Share price −3.9% over the past month.

Below-average quality, screening 13% undervalued on our models.

What matters now

  • The model range is unusually wide (HK$0.7000 to HK$1.94). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$6.30 HK$1.01 Fair Value HK$1.26 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$1.01 – HK$6.30 · fair‑value band HK$0.7000 – HK$1.94 · the HK$1.12 price screens below the HK$1.26 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Angang Steel Company (0347) currently trades at HK$1.12, while our model-based Fair Value estimate is HK$1.26, implying the stock looks roughly 13.0% undervalued today. The Quality Score stands at 43/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, Angang Steel Company generated revenue of HK$93.0B at a net margin of -5.4%. Revenue declined 12.2% year over year. It earns a return on equity of -10.6%. Net debt stands at HK$10.3B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.7000 (bear case) to HK$1.94 (bull case); at HK$1.12, 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 56% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -22% fair-value upside, at 13%, 0347 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 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
Highest evidence
Gordon GGM HK$0.3300 HK$0.6400 HK$1.09 70
DDM Multi-Stage HK$0.3300 HK$0.5100 HK$0.6900 61
EV/EBITDA HK$0.2100 HK$0.3500 HK$0.5000 54
All 4 models by family
Dividend Discount
Gordon GGM HK$0.3300 HK$0.6400 HK$1.09 70
DDM Multi-Stage HK$0.3300 HK$0.5100 HK$0.6900 61
Multiples
EV/EBITDA HK$0.2100 HK$0.3500 HK$0.5000 54
Asset-Based
NCAV (Graham) HK$2.34 HK$3.14 HK$4.68 50

Widest divergence: Asset-Based (HK$3.14) versus Multiples (HK$0.3500). Highest evidence: Gordon GGM (70).

Notify me when 0347 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) HK$93.0B
Revenue growth (YoY) -12.2%
Net margin -5.4%
Return on equity -10.6%
Free cash flow −HK$2.8B FY2025
Operating margin -5.5%
More key figures
EPS (TTM) HK$-0.4446
EPS growth (YoY) -93.6%
Net debt HK$10.3B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 42 · Market factors (momentum, volatility) 17

Profitability 15
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 79
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

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally.

Full company description

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and high sheets, cold rolled sheets, galvanized steel sheets, color coating sheets, cold rolled silicon steel, heavy rails and profiles, seamless steel pipes, and wire rods. The company also engages in ferrous metal smelting and steel rolling processing activities. In addition, it sells metal materials and products, and building materials, etc.; and purchases and sells metal and other materials, as well as imports, exports, wholesales, and retails steel and goods. Further, the company engages in the production of metal wire ropes, coal chemical, coking and chemical products, and products and dissolved acetylene; and sale of compressed and liquefied gas. Additionally, it engages in e-commerce transactions of industrial products; provision of consulting and logistics distribution technology services; sales of equipment for gas and liquid separation and purification; supply chain financial services; processing and sale of steel and steel coils; and steel trade activities. Its products are used in various industries, such as machinery, metallurgy, petroleum, chemical, coal, electricity, railway, ship, automobile, construction, home appliances, and aviation industries. The company was formerly known as Angang New Steel Company Limited and changed its name to Angang Steel Company Limited in June 2006. Angang Steel Company Limited was founded in 1997 and is headquartered in Anshan, China. Angang Steel Company Limited is a subsidiary of Anshan Iron & Steel Co. Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Angang Steel Company reported revenue of HK$96.1B in FY2025 versus HK$137B in FY2021, a compound −8.4%/yr. Reported net income was −HK$4.1B in FY2025.

Growth Quality 2/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$96.1B
Latest YoY
−8.6%
Avg. growth/yr (3Y) 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.
−9.8%
Avg. growth/yr (5Y) 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.
−1.0%
Avg. growth/yr (31Y) 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.
+10.5%
Revenue −8.4%/yr
FY21 HK$137B
FY22 HK$131B
FY23 HK$114B
FY24 HK$105B
FY25 HK$96.1B
Net income
FY21 HK$7.0B
FY22 HK$156M
FY23 −HK$3.3B
FY24 −HK$7.1B
FY25 −HK$4.1B

Watch 0347: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Angang Steel Company Fair Value". https://www.fairvalue-calculator.com/stock/0347

Peer Group

Steel · 380 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 43 · Below median
Fair Value upside +13% · Above median
Return on assets -3% · Bottom 25%
Net margin (TTM) -5% · Bottom 25%
Operating margin (TTM) -5% · Bottom 25%
Revenue growth -12% · Bottom 25%
Dividend yield (TTM) 3.3% · Above median
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Steel median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
PEG 1.12× · Pricier than median

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 51 · sector 15
FUTURE 0 · sector 5
PAST 0 · sector 16
HEALTH 93 · sector 95
DIVIDEND 65 · sector 55

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 Steel stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
JSW Steel Limited JSWSTEEL ₹1,269 ₹1,140 -10%
Tata Steel Limited TATASTEEL ₹186.20 ₹145.39 -22%
China Steel Corporation 2002A 37.25 TWD 8.74 TWD -77%
POSCO Holdings 005490 325,000 KRW 155,270 KRW -52%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,838 ARS +16%
Jindal Steel Limited JINDALSTEL ₹1,112 ₹516.27 -54%
Lloyds Metals and Energy Limited LLOYDSME ₹1,894 ₹771.10 -59%
Gerdau S.A GGBN 83.50 MXN 39.22 MXN -53%
Ternium S.A TXR 17,780 ARS 27,472 ARS +55%
NMDC Limited NMDC ₹85.00 ₹112.98 +33%

Compare Angang Steel Company with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Angang Steel Company (0347) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.26 versus a price of HK$1.12, about +13% (undervalued).
What is the fair value of 0347?
Our model-based fair value for Angang Steel Company is HK$1.26 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$1.12.
What is the quality score of 0347?
Angang Steel Company has a Quality Score of 43/100. 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 Angang Steel Company (0347)?
Angang Steel Company reported trailing-twelve-month revenue of about HK$93.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0347?
The net profit margin of Angang Steel Company is about -5.4%, 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.

14 days Pro free · no card

Track Angang Steel Company 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.