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Digiwin Co (300378) Fair Value & Analysis

Technology · CN · Market cap 10.2B CNY

DC Digiwin Co 300378 · SHE
Price¥36.66
Fair Value¥12.04
Upside-67.2%
Quality52/100
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Expensive Growth
Thin margins · 6.7% net margin
Low debt · generates free cash flow
0.33% dividend yield
Trails peers (4/14)
Narrow moat 35/100
Evidence: High Range ¥8.46 – ¥15.05 Share as image

Fair value as of: Jul 9, 2026

From 24 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥13.56 to ¥12.04 (−11.2%) since Jun 24, 2026. Share price +13.9% over the past month.

A solid business, but screening 67% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥15.05). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥65.84 ¥12.55 Fair Value ¥12.04 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 ¥12.55 – ¥65.84 · fair‑value band ¥8.46 – ¥15.05 · the ¥36.66 price screens above the ¥12.04 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Digiwin Co (300378) currently trades at ¥36.66, while our model-based Fair Value estimate is ¥12.04, implying the stock looks roughly 67.2% overvalued today. The Quality Score stands at 52/100 (solid 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: high).

Over the trailing twelve months, Digiwin Co generated revenue of 2.4B CNY at a net margin of 6.7%. Revenue grew 3.0% year over year. It earns a return on equity of 7.4%. The stock trades on a trailing P/E of 61.7. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥8.46 (bear case) to ¥15.05 (bull case); at ¥36.66, 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 49% below its 52-week high and 17% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -67%, 300378 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 ¥3.55 ¥3.86 ¥4.31 80
Residual Income ¥7.06 ¥7.38 ¥7.84 76
ROIC Compounder ¥11.50 ¥13.98 ¥17.08 72
All 24 models by family
DCF Models
FCF DCF ¥3.55 ¥3.90 ¥4.46 38
5Y Revenue Exit ¥9.25 ¥14.80 ¥22.17 39
5Y EBITDA Exit ¥10.86 ¥17.87 ¥26.32 41
5Y P/E Exit ¥8.48 ¥13.33 ¥18.59 38
10Y Revenue Exit ¥6.90 ¥11.50 ¥18.15 36
10Y EBITDA Exit ¥8.24 ¥13.66 ¥21.38 37
10Y P/E Exit ¥6.71 ¥10.47 ¥15.37 35
Earnings-Based
Graham-Dodd ¥4.09 ¥13.97 ¥18.75 54
Lynch FV ¥3.21 ¥4.59 ¥5.96 50
PEG = 1.0 ¥3.21 ¥4.59 ¥5.96 46
EPV ¥10.97 ¥12.31 ¥13.48 59
Dividend Discount
Gordon GGM ¥0.4700 ¥0.9800 ¥1.56 70
DDM Multi-Stage ¥0.4700 ¥0.8200 ¥1.03 61
Multiples
P/E Multiple ¥9.03 ¥12.04 ¥15.05 63
P/S Multiple ¥7.68 ¥10.23 ¥12.79 58
P/B Multiple ¥7.68 ¥10.23 ¥12.79 55
EV/EBIT ¥17.27 ¥22.04 ¥26.81 53
EV/EBITDA ¥16.03 ¥20.39 ¥24.74 54
EV/Revenue ¥12.61 ¥16.74 ¥20.87 43
Asset-Based
NCAV (Graham) ¥4.39 ¥5.89 ¥8.79 50
Growth DCF
Growth DCF ¥3.55 ¥3.86 ¥4.31 80
Economic Profit
Residual Income ¥7.06 ¥7.38 ¥7.84 76
ROIC Compounder ¥11.50 ¥13.98 ¥17.08 72
Growth Earnings
Growth-Adj P/E ¥7.76 ¥11.09 ¥14.42 68

Widest divergence: DCF Models (¥13.33) versus Dividend Discount (¥0.8200). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.4B CNY
Revenue growth (YoY) +3.0%
Net margin 6.7%
Return on equity 7.4%
Free cash flow 13.7M CNY FY2025
P/E ratio 61.7
More key figures
Operating margin -2.5%
EPS (TTM) ¥0.6100
Dividend yield 0.3%
EPS growth (YoY) +14.4%

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 55 · Market factors (momentum, volatility) 32

Profitability 38
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 79
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

Digiwin Co., Ltd. provides industry-specific software solutions in Mainland China and internationally. The company's digital transformation services include enterprise development, such as application scenarios of four types of industrial software: research and development design, digital management, production control, and AIoT, as well as consulting …

Full company description

Digiwin Co., Ltd. provides industry-specific software solutions in Mainland China and internationally. The company's digital transformation services include enterprise development, such as application scenarios of four types of industrial software: research and development design, digital management, production control, and AIoT, as well as consulting planning and value delivery services. It serves the equipment manufacturing, electronics, automotive parts, and semiconductors industries. The company was formerly known as Digiwin Software Co.,Ltd. and changed its name to Digiwin Co., Ltd. in September 2024. Digiwin Co., Ltd. was founded in 1982 and is based in Shanghai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Digiwin Co reported revenue of ¥2.4B in FY2025 versus ¥1.8B in FY2021, a compound +8.0%/yr. Reported net income was ¥163M in FY2025, compounding +9.9%/yr from FY2021.

Growth Quality 61/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.4B CNY
Latest YoY
+4.4%
Avg. growth/yr (3Y)
+6.8%
Avg. growth/yr (5Y)
+10.2%
Avg. growth/yr (15Y)
+8.5%
Revenue +8.0%/yr
FY21 ¥1.8B
FY22 ¥2.0B
FY23 ¥2.2B
FY24 ¥2.3B
FY25 ¥2.4B
Net income +9.9%/yr
FY21 ¥112M
FY22 ¥134M
FY23 ¥150M
FY24 ¥156M
FY25 ¥163M

300378 screens 67% overvalued. Compare with Microsoft Corporation →

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Cite: Fair Value Calculator (2026). "Digiwin Co Fair Value". https://www.fairvalue-calculator.com/stock/300378

Peer Group

Software - Infrastructure · 368 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 52 · Above median
Fair Value upside −67% · Bottom 25%
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) -2% · Below median
Revenue growth 3% · Below median
Dividend yield (TTM) 0.3% · Below median
Debt / equity 0.34× · Higher than median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 61.7× · Pricier than 75% of peers
P/B 4.29× · Pricier than median
P/S (TTM) 4.18× · Pricier than median
P/FCF 110.9× · Pricier than 75% of peers
EV/EBITDA 36.1× · 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 0
FUTURE 15 · sector 46
PAST 30 · sector 15
HEALTH 83 · sector 99
DIVIDEND 7 · sector 28

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is Digiwin Co (300378) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥12.04 versus a price of ¥36.66, about −67% (overvalued).
What is the fair value of 300378?
Our model-based fair value for Digiwin Co is ¥12.04 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥36.66.
What is the quality score of 300378?
Digiwin Co has a Quality Score of 52/100. 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 Digiwin Co (300378)?
Digiwin Co reported trailing-twelve-month revenue of about 2.4B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300378?
The net profit margin of Digiwin Co is about 6.7%, meaning it keeps roughly 6.7% of revenue as net income. Based on the latest reported figures.
Does Digiwin Co pay a dividend?
Digiwin Co currently shows a dividend yield of about 0.33% 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.

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