EN DE

JSTI Group (300284) Fair Value & Analysis

Industrials · CN · Market cap 7.2B CNY

JG JSTI Group 300284 · SHE
Price¥5.39
Fair Value¥2.45
Upside-54.6%
Quality57/100
Watch JSTI Group for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 0.5% net margin
Low debt · generates free cash flow
1.64% dividend yield
Trails peers (5/14)
Narrow moat 25/100
Evidence: High Range ¥1.37 – ¥2.98 Share as image

Fair value as of: Jul 9, 2026

From 25 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥5.51 to ¥2.45 (−55.5%) since Jun 24, 2026. Share price +7.2% over the past month.

A solid business, but screening 55% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥2.98). The favourable scenario is already priced in.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥1.37 to ¥2.98) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥15.16 ¥4.03 Fair Value ¥2.45 Feb 2021 Aug 2026

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 ¥4.03 – ¥15.16 · fair‑value band ¥1.37 – ¥2.98 · the ¥5.39 price screens above the ¥2.45 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

JSTI Group (300284) currently trades at ¥5.39, while our model-based Fair Value estimate is ¥2.45, implying the stock looks roughly 54.6% overvalued today. The Quality Score stands at 57/100 (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, JSTI Group generated revenue of 4.2B CNY at a net margin of 0.5%. Revenue grew 7.6% year over year. It earns a return on equity of 0.5%. Net debt stands at 267M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥1.37 (bear case) to ¥2.98 (bull case); at ¥5.39, 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 50% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -55%, 300284 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 BearBaseBull Evidence
Highest evidence
Growth DCF ¥5.33 ¥6.42 ¥7.84 80
Residual Income ¥4.38 ¥4.04 ¥2.68 76
Rev-Margin DCF ¥5.83 ¥7.75 ¥9.81 74
All 25 models by family
DCF Models
FCF DCF ¥5.26 ¥6.44 ¥8.04 38
Owner Earnings ¥3.03 ¥3.28 ¥3.63 31
5Y Revenue Exit ¥5.83 ¥7.73 ¥10.09 39
5Y EBITDA Exit ¥6.46 ¥8.85 ¥11.54 41
5Y P/E Exit ¥3.65 ¥3.86 ¥4.06 38
10Y Revenue Exit ¥5.47 ¥7.10 ¥9.14 36
10Y EBITDA Exit ¥5.96 ¥7.84 ¥10.17 37
10Y P/E Exit ¥4.25 ¥4.55 ¥4.85 35
Earnings-Based
Graham-Dodd ¥0.1300 ¥0.3000 ¥0.3800 54
PEG = 1.0 ¥0.0500 ¥0.0700 ¥0.0900 46
EPV ¥5.57 ¥6.07 ¥6.50 59
Dividend Discount
Gordon GGM ¥1.23 ¥2.04 ¥2.96 70
DDM Multi-Stage ¥1.23 ¥1.79 ¥2.38 61
Multiples
P/E Multiple ¥0.2900 ¥0.3900 ¥0.4900 63
P/S Multiple ¥0.2400 ¥0.3200 ¥0.4000 58
P/B Multiple ¥0.2400 ¥0.3200 ¥0.4000 55
EV/EBIT ¥8.03 ¥9.90 ¥11.77 53
EV/EBITDA ¥7.86 ¥9.68 ¥11.50 54
EV/Revenue ¥6.42 ¥8.14 ¥9.85 43
Asset-Based
NCAV (Graham) ¥3.31 ¥4.43 ¥6.61 50
Growth DCF
Growth DCF ¥5.33 ¥6.42 ¥7.84 80
Rev-Margin DCF ¥5.83 ¥7.75 ¥9.81 74
Economic Profit
Residual Income ¥4.38 ¥4.04 ¥2.68 76
ROIC Compounder ¥5.57 ¥6.07 ¥6.50 72
Growth Earnings
Growth-Adj P/E ¥0.2200 ¥0.3200 ¥0.4100 68

Widest divergence: DCF Models (¥6.44) versus Earnings-Based (¥0.3000). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 4.2B CNY
Revenue growth (YoY) +7.6%
Net margin 0.5%
Return on equity 0.5%
Free cash flow 355M CNY FY2025
P/E ratio 284.5
More key figures
Operating margin 11.9%
EPS (TTM) ¥0.0200
Dividend yield 1.6%
EPS growth (YoY) -4.4%
Net debt 267M CNY FY2020

Figures from reported company fundamentals · as of Jul 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 28

Profitability 15
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 0
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

JSTI Group provides infrastructure solutions in China and internationally. The company offers industry chain services, including investment and financing, project investment analysis, planning consulting, survey and design, construction supervision, engineering testing, safety consulting, digital intelligence, project management, operation and maintenance, …

Full company description

JSTI Group provides infrastructure solutions in China and internationally. The company offers industry chain services, including investment and financing, project investment analysis, planning consulting, survey and design, construction supervision, engineering testing, safety consulting, digital intelligence, project management, operation and maintenance, asset management, and new material research and development services. It serves highways, municipal affairs, railways, urban rail transit, water transportation and conservancy, environment, architecture, aviation, and electric power industries. The company was formerly known as Jiangsu Transportation Research Institute Co., Ltd. and changed its name to JSTI Group in March 2015. JSTI Group was founded in 1978 and is headquartered in Nanjing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

JSTI Group reported revenue of ¥4.2B in FY2025 versus ¥5.1B in FY2021, a compound −5.0%/yr. Reported net income was ¥23.5M in FY2025, compounding −52.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
4.2B CNY
Latest YoY
−11.9%
Avg. growth/yr (3Y)
−7.3%
Avg. growth/yr (5Y)
−5.4%
Avg. growth/yr (17Y)
+13.7%
Revenue −5.0%/yr
FY21 ¥5.1B
FY22 ¥5.2B
FY23 ¥5.2B
FY24 ¥4.7B
FY25 ¥4.2B
Net income −52.8%/yr
FY21 ¥472M
FY22 ¥593M
FY23 ¥302M
FY24 ¥227M
FY25 ¥23.5M

300284 screens 55% overvalued. Compare with Larsen & Toubro Limited →

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). "JSTI Group Fair Value". https://www.fairvalue-calculator.com/stock/300284

Peer Group

Engineering & Construction · 837 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 57 · Above median
Fair Value upside −55% · Bottom 25%
Return on equity (TTM) 0% · Below median
Return on assets 0% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 12% · Top 25%
Revenue growth 8% · Above median
Dividend yield (TTM) 1.6% · Below median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 284.5× · Pricier than 75% of peers
P/B 0.86× · Cheaper than median
P/S (TTM) 1.70× · Pricier than 75% of peers
P/FCF 3.0× · Pricier than median
EV/EBITDA 30.0× · Pricier than 75% of peers

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 16
FUTURE 38 · sector 18
PAST 2 · sector 26
HEALTH 100 · sector 94
DIVIDEND 33 · sector 33

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

Compare JSTI Group with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials 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 JSTI Group (300284) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥2.45 versus a price of ¥5.39, about −55% (overvalued).
What is the fair value of 300284?
Our model-based fair value for JSTI Group is ¥2.45 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥5.39.
What is the quality score of 300284?
JSTI Group has a Quality Score of 57/100. 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 JSTI Group (300284)?
JSTI Group reported trailing-twelve-month revenue of about 4.2B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300284?
The net profit margin of JSTI Group is about 0.5%, meaning it keeps roughly 0.5% of revenue as net income. Based on the latest reported figures.
Does JSTI Group pay a dividend?
JSTI Group currently shows a dividend yield of about 1.64% relative to its recent price (as of Jul 9, 2026).

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 JSTI Group 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.