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China Vanadium Titano-Magnetite Mining Company (0893) Fair Value & Analysis

Basic Materials · HK · Market cap HK$142M

CV China Vanadium Titano-Magnetite Mining Company 0893 · HK
PriceHK$0.0740
Fair ValueHK$0.0340
Upside-54.1%
Quality45/100
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Mixed Growth
Loss-making · 0.0% net margin
Low debt · generates free cash flow
Trails peers (2/10)
Narrow moat 11/100
Evidence: Medium Range HK$0.0340 – HK$0.0488 Share as image

Fair value as of: Aug 13, 2026

From 12 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$0.0359 to HK$0.0340 (−5.3%) since Aug 5, 2026. Share price +12.1% over the past month.

Below-average quality, and screening another 54% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.0488). The favourable scenario is already priced in.
  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

HK$0.3000 HK$0.0470 Fair Value HK$0.0340 Nov 2020 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$0.0470 – HK$0.3000 · fair‑value band HK$0.0340 – HK$0.0488 · the HK$0.0740 price screens above the HK$0.0340 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

China Vanadium Titano-Magnetite Mining Company (0893) currently trades at HK$0.0740, while our model-based Fair Value estimate is HK$0.0340, implying the stock looks roughly 54.1% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Basic Materials 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: medium).

Trailing-twelve-month revenue stands at HK$558M. Revenue grew 9.9% year over year. It earns a return on equity of 0.2%. Net debt stands at HK$93.9M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0340 (bear case) to HK$0.0488 (bull case); at HK$0.0740, 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 37% below its 52-week high and 32% 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 -54%, 0893 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.

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
Growth DCF HK$0.0100 HK$0.0200 HK$0.0300 80
Rev-Margin DCF HK$0.0100 HK$0.0300 HK$0.0600 74
Gordon GGM HK$0.1100 HK$0.1200 HK$0.1300 70
All 12 models by family
DCF Models
FCF DCF HK$0.0100 HK$0.0200 HK$0.0400 38
5Y Revenue Exit HK$0.0100 HK$0.0300 HK$0.0600 39
5Y EBITDA Exit HK$0.0200 HK$0.0300 41
10Y Revenue Exit HK$0.0100 HK$0.0200 HK$0.0400 36
10Y EBITDA Exit HK$0.0100 HK$0.0100 HK$0.0200 37
Dividend Discount
Gordon GGM HK$0.1100 HK$0.1200 HK$0.1300 70
DDM Multi-Stage HK$0.1100 HK$0.1300 HK$0.1500 61
Multiples
EV/EBITDA HK$0.0200 HK$0.0300 54
EV/Revenue HK$0.0200 HK$0.0400 HK$0.0600 43
Asset-Based
NCAV (Graham) HK$0.1400 HK$0.1900 HK$0.2800 50
Growth DCF
Growth DCF HK$0.0100 HK$0.0200 HK$0.0300 80
Rev-Margin DCF HK$0.0100 HK$0.0300 HK$0.0600 74

Widest divergence: Asset-Based (HK$0.1900) versus DCF Models (HK$0.0200). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$558M
Revenue growth (YoY) +9.9%
Net margin 0.0%
Return on equity 0.2%
Free cash flow HK$12.5M FY2025
Operating margin -2.2%
More key figures
EPS growth (YoY) -60.1%
Net debt HK$93.9M FY2025

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 44 · Market factors (momentum, volatility) 30

Profitability 14
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 19
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 25
Distance to the 52-week high (market factor)
Net Issuance 82
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

China Vanadium Titano-Magnetite Mining Company Limited, an investment holding company, engages in mining and ore processing activities in the People's Republic of China. It operates through High-Fe Mining Operation; Trading; and Facility Management segments.

Full company description

China Vanadium Titano-Magnetite Mining Company Limited, an investment holding company, engages in mining and ore processing activities in the People's Republic of China. It operates through High-Fe Mining Operation; Trading; and Facility Management segments. The company engages in the operation of sale of self-produced high-grade iron concentrates, and trading steel. In addition, it is involved in the provision of mining facilities management; and management of strategic investments. Further, the company engages in product trading, iron ore mining, iron ore beneficiation, gypsum ore mining, and gypsum ore beneficiation activities, as well as provision of estate management services. Additionally, it sells equipment and materials; provides facility management services; and leases real estate properties. The company also owns iron ore mine; gypsum mine; and processing plant located in Sichuan, China. China Vanadium Titano-Magnetite Mining Company Limited was incorporated in 2008 and is based in Central, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Vanadium Titano-Magnetite Mining Company reported revenue of HK$543M in FY2025 versus HK$715M in FY2021, a compound −6.6%/yr. Reported net income was −HK$138K in FY2025.

Growth Quality 34/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$543M
Latest YoY
+0.2%
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.
−9.2%
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.
+2.2%
Avg. growth/yr (19Y) 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.
+5.1%
Revenue −6.6%/yr
FY21 HK$715M
FY22 HK$726M
FY23 HK$785M
FY24 HK$542M
FY25 HK$543M
Net income
FY21 HK$8.3M
FY22 HK$1.3M
FY23 HK$9.7M
FY24 −HK$20.7M
FY25 −HK$138K

0893 screens 54% overvalued. Compare with JSW Steel Limited →

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Cite: Fair Value Calculator (2026). "China Vanadium Titano-Magnetite Mining Company Fair Value". https://www.fairvalue-calculator.com/stock/0893

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 45 · Below median
Fair Value upside −60% · Bottom 25%
Return on equity (TTM) 0% · Below median
Return on assets -1% · Bottom 25%
Net margin (TTM) -0% · Below median
Operating margin (TTM) -2% · Bottom 25%
Revenue growth 10% · Above median
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Steel median · lower = cheaper

P/S (TTM) 0.03× · Cheaper than 75% of peers
P/FCF 1.4× · 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 0 · sector 15
FUTURE 50 · sector 5
PAST 1 · sector 16
HEALTH 94 · sector 95
DIVIDEND 0 · sector 55

VALUE 0: the price sits above our fair-value range.

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%

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Frequently asked questions

Is China Vanadium Titano-Magnetite Mining Company (0893) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0340 versus a price of HK$0.0740, about −54% (overvalued).
What is the fair value of 0893?
Our model-based fair value for China Vanadium Titano-Magnetite Mining Company is HK$0.0340 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0740.
What is the quality score of 0893?
China Vanadium Titano-Magnetite Mining Company has a Quality Score of 45/100. 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 China Vanadium Titano-Magnetite Mining Company (0893)?
China Vanadium Titano-Magnetite Mining Company reported trailing-twelve-month revenue of about HK$558M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0893?
The net profit margin of China Vanadium Titano-Magnetite Mining Company is about 0.0%, 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.

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