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Ledman Optoelectronic Co (300162) Fair Value & Analysis

Technology · CN · Market cap 4.6B CNY

LO Ledman Optoelectronic Co 300162 · SHE
Price¥7.92
Fair Value¥0.8100
Upside-89.8%
Quality38/100
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Expensive Growth
Loss-making · -5.7% net margin
Low debt · negative free cash flow
Trails peers (2/10)
Narrow moat 9/100
Evidence: Medium Range ¥0.7800 – ¥0.8500 Share as image

Fair value as of: Aug 13, 2026

From 8 valuation models · updated today

Share price −25.1% over the past month.

Below-average quality, and screening another 90% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥0.8500). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The models converge in a tight band (¥0.7800 to ¥0.8500), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

¥14.07 ¥3.72 Fair Value ¥0.8100 Feb 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 ¥3.72 – ¥14.07 · fair‑value band ¥0.7800 – ¥0.8500 · the ¥7.92 price screens above the ¥0.8100 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Ledman Optoelectronic Co (300162) currently trades at ¥7.92, while our model-based Fair Value estimate is ¥0.8100, implying the stock looks roughly 89.8% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Technology 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).

Over the trailing twelve months, Ledman Optoelectronic Co generated revenue of 1.0B CNY at a net margin of -5.7%. Revenue declined 12.3% year over year. It earns a return on equity of -6.7%. The balance sheet holds a net cash position of 282M CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥0.7800 (bear case) to ¥0.8500 (bull case); at ¥7.92, 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 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -90%, 300162 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (¥0.1000 to ¥1.83). Read the values as a conservative anchor, not as a price target.
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
ROIC Compounder ¥0.3800 ¥0.3900 ¥0.4000 72
Gordon GGM ¥0.0600 ¥0.1100 ¥0.1700 70
DDM Multi-Stage ¥0.0600 ¥0.1000 ¥0.1200 61
All 8 models by family
Earnings-Based
EPV ¥0.3800 ¥0.3900 ¥0.4000 59
Dividend Discount
Gordon GGM ¥0.0600 ¥0.1100 ¥0.1700 70
DDM Multi-Stage ¥0.0600 ¥0.1000 ¥0.1200 61
Multiples
EV/EBIT ¥0.4300 ¥0.4600 ¥0.5000 53
EV/EBITDA ¥1.45 ¥1.83 ¥2.20 54
EV/Revenue ¥0.3900 ¥0.4200 ¥0.4500 43
Asset-Based
NCAV (Graham) ¥1.00 ¥1.34 ¥2.00 50
Economic Profit
ROIC Compounder ¥0.3800 ¥0.3900 ¥0.4000 72

Widest divergence: Asset-Based (¥1.34) versus Dividend Discount (¥0.1000). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 1.0B CNY
Revenue growth (YoY) -12.3%
Net margin -5.7%
Return on equity -6.7%
Free cash flow −20.3M CNY FY2025
Operating margin -1.7%
More key figures
EPS (TTM) ¥-0.1400
EPS growth (YoY) -71.8%
Net cash 282M CNY FY2024

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

Quality Score breakdown

Overall quality 38/100

Of which business quality 39 · Market factors (momentum, volatility) 43

Profitability 17
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 47
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

Ledman Optoelectronic Co., Ltd. provides LED stadium display products and solutions in the People's Republic of China. The company offers COB LED displays, indoor and outdoor fixed LED displays. It also provides rental LED displays and LED components. The company also exports its products to the United States, Japan, Germany, and other countries.

Full company description

Ledman Optoelectronic Co., Ltd. provides LED stadium display products and solutions in the People's Republic of China. The company offers COB LED displays, indoor and outdoor fixed LED displays. It also provides rental LED displays and LED components. The company also exports its products to the United States, Japan, Germany, and other countries. Ledman Optoelectronic Co., Ltd. was founded in 2004 and is headquartered in Shenzhen, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ledman Optoelectronic Co reported revenue of ¥1.1B in FY2025 versus ¥1.3B in FY2021, a compound −5.0%/yr. Reported net income was −¥42.1M in FY2025.

Growth Quality 18/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.1B CNY
Latest YoY
−15.1%
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.
−0.6%
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.
+5.4%
Avg. growth/yr (18Y) 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.
+16.2%
Revenue −5.0%/yr
FY21 ¥1.3B
FY22 ¥1.1B
FY23 ¥1.1B
FY24 ¥1.3B
FY25 ¥1.1B
Net income
FY21 ¥47.5M
FY22 ¥31.6M
FY23 −¥76.5M
FY24 −¥91.9M
FY25 −¥42.1M

300162 screens 90% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Ledman Optoelectronic Co Fair Value". https://www.fairvalue-calculator.com/stock/300162

Peer Group

Electronic Components · 630 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 38 · Bottom 25%
Fair Value upside −90% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -6% · Bottom 25%
Operating margin (TTM) -2% · Bottom 25%
Revenue growth -12% · Bottom 25%
Debt / equity 0.19× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.81× · Cheaper than 75% of peers
P/S (TTM) 0.66× · Cheaper 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 0
FUTURE 0 · sector 32
PAST 0 · sector 24
HEALTH 91 · sector 95
DIVIDEND 0 · sector 24

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

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$253.80 HK$80.50 -68%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is Ledman Optoelectronic Co (300162) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥0.8100 versus a price of ¥7.92, about −90% (overvalued).
What is the fair value of 300162?
Our model-based fair value for Ledman Optoelectronic Co is ¥0.8100 (as of Aug 13, 2026), built from audited fundamentals. The current price is ¥7.92.
What is the quality score of 300162?
Ledman Optoelectronic Co has a Quality Score of 38/100. 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 Ledman Optoelectronic Co (300162)?
Ledman Optoelectronic Co reported trailing-twelve-month revenue of about 1.0B CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 300162?
The net profit margin of Ledman Optoelectronic Co is about -5.7%, 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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