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Shenzhen JT Automation Equipment Co (300400) Fair Value & Analysis

Industrials · CN · Market cap 10.6B CNY

SJ Shenzhen JT Automation Equipment Co 300400 · SHE
Price¥30.70
Fair Value¥7.27
Upside-76.3%
Quality78/100
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Weak Growth
Solidly profitable · 10.6% net margin
Low debt · generates free cash flow
0.95% dividend yield
Mixed vs. peers (6/14)
Moderate moat 54/100
Evidence: High Range ¥5.45 – ¥9.09 Share as image

Fair value as of: Jul 9, 2026

From 24 valuation models · updated 32 days ago

Share price −11.3% over the past month.

A strong business, but screening 76% overvalued on our models.

What matters now

  • A high-quality business (quality 78/100), 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 (¥9.09). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

¥44.85 ¥7.39 Fair Value ¥7.27 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 ¥7.39 – ¥44.85 · fair‑value band ¥5.45 – ¥9.09 · the ¥30.70 price screens above the ¥7.27 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Shenzhen JT Automation Equipment Co (300400) currently trades at ¥30.70, while our model-based Fair Value estimate is ¥7.27, implying the stock looks roughly 76.3% overvalued today. The Quality Score stands at 78/100 (high 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, Shenzhen JT Automation Equipment Co generated revenue of 799M CNY at a net margin of 10.6%. Revenue grew 9.2% year over year. It earns a return on equity of 11.1%. The balance sheet holds a net cash position of 385M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥5.45 (bear case) to ¥9.09 (bull case); at ¥30.70, 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 33% below its 52-week high and 101% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -76%, 300400 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 ¥11.17 ¥17.40 ¥27.46 80
Residual Income ¥2.88 ¥3.27 ¥5.82 76
Rev-Margin DCF ¥7.18 ¥10.03 ¥13.55 74
All 24 models by family
DCF Models
FCF DCF ¥11.13 ¥17.59 ¥28.14 38
Owner Earnings ¥3.51 ¥4.79 ¥6.89 31
5Y Revenue Exit ¥7.18 ¥9.97 ¥13.50 39
5Y EBITDA Exit ¥7.65 ¥10.90 ¥14.71 41
5Y P/E Exit ¥8.08 ¥11.74 ¥15.69 38
10Y Revenue Exit ¥8.35 ¥11.34 ¥15.41 36
10Y EBITDA Exit ¥8.78 ¥12.01 ¥16.38 37
10Y P/E Exit ¥9.06 ¥12.61 ¥17.16 35
Earnings-Based
Graham-Dodd ¥2.35 ¥9.13 ¥12.38 54
Lynch FV ¥2.24 ¥3.20 ¥4.16 50
PEG = 1.0 ¥2.24 ¥3.20 ¥4.16 46
EPV ¥5.09 ¥5.67 ¥6.18 59
Multiples
P/E Multiple ¥5.45 ¥7.27 ¥9.09 63
P/S Multiple ¥4.41 ¥5.88 ¥7.36 58
P/B Multiple ¥4.41 ¥5.88 ¥7.36 55
EV/EBIT ¥6.79 ¥8.51 ¥10.23 53
EV/EBITDA ¥6.35 ¥7.93 ¥9.51 54
EV/Revenue ¥5.31 ¥6.89 ¥8.47 43
Asset-Based
NCAV (Graham) ¥1.61 ¥2.15 ¥3.22 50
Growth DCF
Growth DCF ¥11.17 ¥17.40 ¥27.46 80
Rev-Margin DCF ¥7.18 ¥10.03 ¥13.55 74
Economic Profit
Residual Income ¥2.88 ¥3.27 ¥5.82 76
ROIC Compounder ¥5.46 ¥6.64 ¥8.10 72
Growth Earnings
Growth-Adj P/E ¥4.02 ¥5.75 ¥7.47 68

Widest divergence: DCF Models (¥11.34) versus Asset-Based (¥2.15). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 799M CNY
Revenue growth (YoY) +9.2%
Net margin 10.6%
Return on equity 11.1%
Free cash flow 191M CNY FY2025
P/E ratio 121.5
More key figures
Operating margin 18.3%
EPS (TTM) ¥0.3600
Dividend yield 1.0%
EPS growth (YoY) +10.0%
Net cash 385M CNY FY2024

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

Quality Score breakdown

Overall quality 78/100

Of which business quality 77 · Market factors (momentum, volatility) 72

Profitability 46
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 91
Earnings quality: real cash, not paper profit
Fin. Strength 98
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 85
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 88
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

Shenzhen JT Automation Equipment Co.,Ltd, together with its subsidiaries, engages in the research, development, production, sale, and servicing of electronic assembly equipment in China and internationally.

Full company description

Shenzhen JT Automation Equipment Co.,Ltd, together with its subsidiaries, engages in the research, development, production, sale, and servicing of electronic assembly equipment in China and internationally. The company offers electronic soldering equipment, such as reflow soldering ovens, wave soldering machines, selective wave soldering machines, and vertical curing ovens; and visual inspection equipment, including automatic optical inspection (AOI) and solder paste printing inspection (SPI) equipment. It also provides electronic thermal equipment, testing equipment, automation equipment, optoelectronic display equipment, and specialized semiconductor equipment. In addition, the company engages in investment activities. It serves electronic manufacturing enterprises. The company exports its products. Shenzhen JT Automation Equipment Co.,Ltd was founded in 1997 and is based in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shenzhen JT Automation Equipment Co reported revenue of ¥785M in FY2025 versus ¥989M in FY2021, a compound −5.6%/yr. Reported net income was ¥84.0M in FY2025, compounding +1.2%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
785M CNY
Latest YoY
+7.7%
Avg. growth/yr (3Y)
−0.3%
Avg. growth/yr (5Y)
−2.3%
Avg. growth/yr (16Y)
+14.0%
Revenue −5.6%/yr
FY21 ¥989M
FY22 ¥791M
FY23 ¥720M
FY24 ¥729M
FY25 ¥785M
Net income +1.2%/yr
FY21 ¥80.0M
FY22 ¥89.1M
FY23 ¥39.4M
FY24 ¥83.2M
FY25 ¥84.0M

300400 screens 76% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Shenzhen JT Automation Equipment Co Fair Value". https://www.fairvalue-calculator.com/stock/300400

Peer Group

Specialty Industrial Machinery · 809 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 78 · Top 25%
Fair Value upside −76% · Bottom 25%
Return on equity (TTM) 11% · Above median
Return on assets 5% · Above median
Net margin (TTM) 11% · Above median
Operating margin (TTM) 18% · Top 25%
Revenue growth 9% · Above median
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.10× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 121.5× · Pricier than 75% of peers
P/B 13.60× · Pricier than 75% of peers
P/S (TTM) 13.27× · Pricier than 75% of peers
P/FCF 8.3× · Pricier than median
EV/EBITDA 92.6× · 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 46 · sector 23
PAST 44 · sector 28
HEALTH 95 · sector 96
DIVIDEND 19 · 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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Shenzhen JT Automation Equipment Co (300400) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥7.27 versus a price of ¥30.70, about −76% (overvalued).
What is the fair value of 300400?
Our model-based fair value for Shenzhen JT Automation Equipment Co is ¥7.27 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥30.70.
What is the quality score of 300400?
Shenzhen JT Automation Equipment Co has a Quality Score of 78/100. 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 Shenzhen JT Automation Equipment Co (300400)?
Shenzhen JT Automation Equipment Co reported trailing-twelve-month revenue of about 799M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300400?
The net profit margin of Shenzhen JT Automation Equipment Co is about 10.6%, meaning it keeps roughly 10.6% of revenue as net income. Based on the latest reported figures.
Does Shenzhen JT Automation Equipment Co pay a dividend?
Shenzhen JT Automation Equipment Co currently shows a dividend yield of about 0.95% 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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