Cec Environmental Protection Co (300172) Fair Value & Analysis

Industrials · CN · Market cap 3.1B CNY

A solid business, but screening 53% overvalued on our models.

What matters now

• A high-quality business (quality 71/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
• The price sits above even our optimistic bull case (¥2.73). The favourable scenario is already priced in.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 9, 2026.

How to read this chart

60‑month range ¥3.35 – ¥9.01 · fair‑value band ¥1.64 – ¥2.73 · the ¥4.61 price screens above the ¥2.18 fair value. Dashed = 300-day average. As of Jul 9, 2026.

Full chart & analysis →

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

Analysis

Cec Environmental Protection Co (300172) currently trades at ¥4.61, while our model-based Fair Value estimate is ¥2.18, implying the stock looks roughly 52.7% overvalued today. The Quality Score stands at 71/100 (solid quality), in the Industrials 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: high).

Over the trailing twelve months, Cec Environmental Protection Co generated revenue of 724M CNY at a net margin of 11.0%. Revenue grew 4.3% year over year. It earns a return on equity of 4.2%. Net debt stands at 7.1M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥1.64 (bear case) to ¥2.73 (bull case); at ¥4.61, 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 30% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -53%, 300172 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.

Widest divergence: DCF Models (¥4.72) versus Dividend Discount (¥0.6700). Highest evidence: Growth DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

Cec Environmental Protection Co.,Ltd provides ecological environmental management services in China. The company provides industrial water, sewage and water environment comprehensive treatment, solid and hazardous waste disposal, soil remediation, kitchen and food waste co-treatment, flue gas and VOCs treatment; smart environmental protection; and high-end …

Full company description

Cec Environmental Protection Co.,Ltd provides ecological environmental management services in China. The company provides industrial water, sewage and water environment comprehensive treatment, solid and hazardous waste disposal, soil remediation, kitchen and food waste co-treatment, flue gas and VOCs treatment; smart environmental protection; and high-end equipment, etc. It also offers system solutions comprising of research and development, equipment system integration, general contracting, core equipment manufacturing, operation and maintenance, and project investment business for power, petrochemical, metallurgy, and building materials industries. In addition, the company provides intelligent environmental protection system integration and governance facility operation and maintenance, as well as operates innovation platform; and wastewater zero-liquid discharge, sludge drying and coupling treatment, distributed intelligent water purification, and ultra-clean flue gas emissions services. The company was formerly known as Nanjing CEC Environmental Protection Co., Ltd. and changed its name to CEC Environmental Protection Co., Ltd. in April 2015. CEC Environmental Protection Co.,Ltd was founded in 2001 and is based in Nanjing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cec Environmental Protection Co reported revenue of ¥716M in FY2025 versus ¥874M in FY2021, a compound −4.9%/yr. Reported net income was ¥81.7M in FY2025, compounding −6.4%/yr from FY2021.

300172 screens 53% overvalued. Compare with Veralto Corporation →

Peer Group

Pollution & Treatment Controls · 91 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.

Valuation Multiples vs Pollution & Treatment Controls median · lower = cheaper

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: 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.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Explore undervalued stocks

More undervalued Industrials stocks →

Frequently asked questions

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.