EVE Energy (300014) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of EVE Energy stock ¥32.34, price ¥52.87, that is 38.8% below the price, quality 40 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 2, 2026.
How to read this chart
60‑month range ¥30.63 – ¥142.90 · fair‑value band ¥24.25 – ¥40.42 · the ¥52.87 price screens above the ¥32.34 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 2, 2026.
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EVE Energy Co., Ltd. engages in the research, development, production, and sales of lithium batteries in China and internationally.
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The company provides lithium primary batteries, including lithium-thionyl chloride battery, lithium- carbamate dioxide battery, battery capacitor, and composite power supply ES. It also offers consumer batteries, such as primary lithium and consumer small lithium-ion batteries, and cylindrical cells; and power batteries, which include prismatic LFP cell, pouch NCM cell, module, battery system development, prismatic NCM cell, EV-cylindrical cell, and BMS products.
In addition, the company offers IoT solutions including smart meters, smart security, consumer electronics, automotive electronics, smart city, and power tools and LEV solutions.
Further, it provides energy internet solutions, such as passenger vehicles, energy storage, commercial application, and recycling. The company is also involved in exporting activities. EVE Energy Co., Ltd. was founded in 2001 and is headquartered in Huizhou, China.
Stock analysis
EVE Energy (300014) currently trades at ¥52.87, while our model-based Fair Value estimate is ¥32.34, 39% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥87.09 per share, and 5 of the 16 models we run sit above the ¥52.87 price.
Bear case: the Economic Profit group reads lowest at ¥6.24, and 11 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥24.25 (bear) to ¥40.42 (bull), the price of ¥52.87 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 40/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
EVE Energy reported revenue of 61.4B CNY in FY2025 versus 16.9B CNY in FY2021, a compound +38.1%/yr. Reported net income was 4.1B CNY in FY2025, compounding +9.2%/yr from FY2021.
Key figures
Market cap 112B CNY (≈ $16.7B) Large · P/E ratio 17.1 · P/S ratio 1.24 · EPS (TTM) ¥3.10 · Dividend yield 0.9% · Net margin 7.3% · Return on equity 14.1% · Return on assets (EBIT) 4.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 39% below its 52-week high and 27% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at −39%, 300014 screens richer than that median.
Fair Value models
Bear¥24.25Fair Value ¥32.34Bull¥40.42
Price ¥52.87 · Downside -38.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥2.23 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+26.4%
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.
+19.2%
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.
+49.7%
Start year 2020 (pandemic). Over 10 years: +46.5% a year
Revenue growth 19 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.
+37.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+18.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+17.5%
Dividend (yield on the price)0.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.17.5% vs 29.1%, slowing
Profit margin 2006 to 2025 ⓘ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.15% → 5%
AI conclusion: The business shows strength in energy storage orders and capacity expansion that support profit growth, yet its main weakness remains limited durable moat combined with negative free cash flow and elevated leverage.
Main risk: CATL and similar Chinese manufacturers with greater production scale and higher gross margins could intensify price competition in energy storage and power batteries, squeezing EVE Energy's margins and market share.
Bull case: By accelerating its sodium-ion and solid-state battery development alongside overseas plants, EVE Energy could capture demand in regulated markets and differentiate through cost or safety advantages.
Bear case: If scale leaders maintain cost leadership and US market barriers persist EVE Energy might lose share in storage and power segments while facing margin compression from ongoing price pressure.
EVE Energy forecasts 80 to 90 percent year-on-year net profit growth for the first three quarters of 2026, driven by product upgrades, global capacity expansion and large energy storage orders. At the same time its cylindrical battery technology faces an active USITC patent investigation brought by LG Energy Solution. Our models currently see the shares as overvalued. Will the momentum in storage and marine applications outweigh the legal and competitive risks in cylindrical cells?
Price, fair value, quality and upside side by side.
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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.Electrical Equipment & Parts · 560 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score40 · Bottom 25%
Fair Value upside−38.8% · Below median
Profitability
Return on equity (12 months)14.1% · Above median
Return on assets3.3% · Below median
Net margin (12 months)7.3% · Above median
Operating margin (12 months)8.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)64.6% · Top 25%
Dividend yield (12 months)0.9% · Below median
Balance sheet
Debt / equity0.61× · Highest 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/E (12 months)17.1× · Cheaper than median
P/B2.65× · Pricier than median
P/S (12 months)1.24× · Cheaper than median
EV/EBITDA13.9× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 65
PAST (return on equity)56· sector 26
HEALTH (low debt)69· sector 97
DIVIDEND (yield)18· sector 23
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). "EVE Energy Fair Value". https://www.fairvalue-calculator.com/stock/300014
Frequently asked questions
Is EVE Energy (300014) overvalued or undervalued?
As of Nov 2, 2026, our model estimates a fair value of ¥32.34 versus a price of ¥52.87, about 39% lower (overvalued).
What is the fair value of 300014?
Our model-based fair value for EVE Energy is ¥32.34 (as of Nov 2, 2026), built from audited fundamentals. The current price: ¥52.87.
What is the quality score of 300014?
EVE Energy has a Quality Score of 40/100. 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 EVE Energy (300014)?
Our model-based price target is the fair value of ¥32.34 (as of Nov 2, 2026) from 16 valuation models. Cautious scenario ¥24.25, optimistic scenario ¥40.42. It is a calculation from audited fundamentals, not an analyst target.
What is the EVE Energy stock forecast for 2026?
Our models put fair value at ¥32.34, about 39% lower versus a price of ¥52.87 (overvalued). Cautious scenario ¥24.25, optimistic scenario ¥40.42. The calculation is refreshed regularly with new filings.
What is the revenue of EVE Energy (300014)?
EVE Energy reported trailing-twelve-month revenue of about 89.9B CNY (latest available figure, as of Nov 2, 2026).
Does EVE Energy pay a dividend?
EVE Energy currently shows a dividend yield of 0.90% relative to its recent price (as of Nov 2, 2026).
What is the intrinsic value of EVE Energy (300014)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For EVE Energy it is ¥32.34 per share (as of Nov 2, 2026), against a price of ¥52.87. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is EVE Energy stock overvalued or undervalued in 2026?
As of Nov 2, 2026, 300014 trades above its calculated fair value: price ¥52.87, fair value ¥32.34, a gap of about −39% (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 300014?
No. The price is what the market pays today (¥52.87); the fair value is what the company's own numbers justify (¥32.34). For EVE Energy the two are ¥20.53 per share apart. That gap is exactly why we show both numbers side by side.
How much is EVE Energy worth?
The market values EVE Energy at about 112B CNY (market capitalisation, as of Nov 2, 2026). Per share that is ¥52.87; our models calculate a fair value of ¥32.34 per share.
What do the bullish and bearish scenarios say about 300014?
Our models span a range for EVE Energy: cautious scenario ¥24.25, base ¥32.34, optimistic ¥40.42 per share (as of Nov 2, 2026, price ¥52.87). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 300014?
EVE Energy trades at a price-to-earnings ratio of 17.1 (as of Nov 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥32.34 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 35.0 (reported for FY2025: 28.2). Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings, FY2025 ex one-offs: 45.8. Other multiples: P/B 2.7, P/S 1.2, EV/EBITDA 13.9.
How solid is the balance sheet of EVE Energy (300014)?
Balance-sheet figures for EVE Energy (as of Nov 2, 2026): return on equity 14.1%, debt of 0.61 per unit of equity. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is 300014 from its 52-week high?
EVE Energy trades at ¥52.87, about 39% below its 52-week high of ¥86.66 and 27% above the low of ¥41.72 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of ¥32.34 is for.
Which stocks are comparable to EVE Energy?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, 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 EVE Energy stock attractive at the current price?
The data as of Nov 2, 2026: price ¥52.87, calculated fair value ¥32.34 (−39%), Quality Score 40/100, from 16 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 300014 calculated?
We run EVE Energy through 16 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 ¥32.34, 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 15.5% above its aggregate fair value. EVE Energy 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 EVE Energy (300014)?
The closing price on Nov 5, 2026 was ¥52.87. Our model-based fair value is ¥32.34, about 39% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with EVE Energy right now?
The price sits above even our optimistic bull case (¥40.42). The favourable scenario is already priced in. Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts.
Where does the earnings growth of EVE Energy (300014) come from?
Earnings per share at EVE Energy grew +32.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +36.5 %, EBIT margin −3.0 %, tax rate +0.9 %, residual (interest, one-offs) −0.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of EVE Energy
How large is the market capitalisation of EVE Energy (300014)?
The market capitalisation of EVE Energy is 112B CNY (≈ $16.7B). 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 is the P/S ratio of EVE Energy (300014)?
The price-to-sales ratio of EVE Energy is 1.24 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of EVE Energy (300014)?
Earnings per share at EVE Energy are ¥3.10 (price ÷ EPS = P/E 17.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of EVE Energy (300014)?
The dividend yield of EVE Energy is 0.9% (payout 19.1%, on adjusted earnings, reported 15.3%). 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 net margin of EVE Energy (300014)?
The net margin of EVE Energy is 7.3% (last twelve months), excl. one-off gain FY2025 5.4%. How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of EVE Energy (300014)?
The return on equity (ROE) of EVE Energy is 14.1% (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 EVE Energy (300014)?
On an EBIT basis the return on assets of EVE Energy is 4.7% (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 EVE Energy (300014)?
The operating margin of EVE Energy is 8.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at EVE Energy (300014)?
Revenue at EVE Energy is growing +64.6% versus a year earlier (3y avg +19.2%). 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 EVE Energy (300014)?
Earnings per share at EVE Energy are growing +62.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does EVE Energy (300014) generate?
The free cash flow of EVE Energy is −2.1B CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does EVE Energy (300014) carry?
The net debt of EVE Energy is 33.5B CNY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 2, 2026