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Jiangsu Newamstar Packaging Machinery Co (300509) Fair Value & Analysis

Industrials · CN · Market cap 2.7B CNY

JN Jiangsu Newamstar Packaging Machinery Co 300509 · SHE
Price¥8.63
Fair Value¥8.75
Upside+1.4%
Quality70/100
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Healthy Growth
Thin margins · 9.9% net margin
Low debt · generates free cash flow
Ranks above peers (10/13)
Moderate moat 57/100
Evidence: High Range ¥6.56 – ¥10.94 Share as image

Fair value as of: Jul 9, 2026

From 26 valuation models · updated 32 days ago

Share price +4.6% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥6.56 (bear) to ¥10.94 (bull), base ¥8.75. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 70/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥16.22 ¥3.35 Fair Value ¥8.75 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 ¥3.35 – ¥16.22 · fair‑value band ¥6.56 – ¥10.94 · the ¥8.63 price screens below the ¥8.75 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Jiangsu Newamstar Packaging Machinery Co (300509) currently trades at ¥8.63, while our model-based Fair Value estimate is ¥8.75, implying the stock looks roughly 1.4% fairly valued today. The Quality Score stands at 70/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Jiangsu Newamstar Packaging Machinery Co generated revenue of 1.3B CNY at a net margin of 9.9%. Revenue grew 25.0% year over year. It earns a return on equity of 19.3%. The balance sheet holds a net cash position of 429M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥6.56 (bear case) to ¥10.94 (bull case); at ¥8.63, the current price sits within 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 12% 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 1%, 300509 screens cheaper 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 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
Growth DCF ¥10.86 ¥16.21 ¥24.68 80
Residual Income ¥2.61 ¥3.37 ¥10.31 76
Rev-Margin DCF ¥8.72 ¥12.38 ¥17.04 74
All 26 models by family
DCF Models
FCF DCF ¥10.91 ¥16.73 ¥26.28 38
Owner Earnings ¥8.48 ¥12.54 ¥19.19 31
5Y Revenue Exit ¥8.72 ¥12.40 ¥17.26 39
5Y EBITDA Exit ¥9.35 ¥13.67 ¥18.96 41
5Y P/E Exit ¥9.58 ¥14.15 ¥19.25 38
10Y Revenue Exit ¥9.26 ¥12.94 ¥18.30 36
10Y EBITDA Exit ¥9.82 ¥13.84 ¥19.67 37
10Y P/E Exit ¥9.97 ¥14.18 ¥19.91 35
Earnings-Based
Graham-Dodd ¥2.83 ¥12.46 ¥17.05 54
Lynch FV ¥3.22 ¥4.60 ¥5.98 50
PEG = 1.0 ¥3.22 ¥4.60 ¥5.98 46
EPV ¥7.22 ¥7.90 ¥8.49 59
Dividend Discount
Gordon GGM ¥1.53 ¥3.05 ¥4.61 70
DDM Multi-Stage ¥1.53 ¥2.63 ¥3.22 61
Multiples
P/E Multiple ¥6.56 ¥8.75 ¥10.94 63
P/S Multiple ¥5.31 ¥7.08 ¥8.86 58
P/B Multiple ¥5.31 ¥7.08 ¥8.86 55
EV/EBIT ¥9.63 ¥11.87 ¥14.11 53
EV/EBITDA ¥9.08 ¥11.13 ¥13.19 54
EV/Revenue ¥7.70 ¥9.76 ¥11.82 43
Asset-Based
NCAV (Graham) ¥1.11 ¥1.49 ¥2.23 50
Growth DCF
Growth DCF ¥10.86 ¥16.21 ¥24.68 80
Rev-Margin DCF ¥8.72 ¥12.38 ¥17.04 74
Economic Profit
Residual Income ¥2.61 ¥3.37 ¥10.31 76
ROIC Compounder ¥7.22 ¥7.90 ¥8.49 72
Growth Earnings
Growth-Adj P/E ¥5.31 ¥7.59 ¥9.86 68

Widest divergence: DCF Models (¥13.67) versus Asset-Based (¥1.49). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.3B CNY
Revenue growth (YoY) +25.0%
Net margin 9.9%
Return on equity 19.3%
Free cash flow 198M CNY FY2025
P/E ratio 20.8
More key figures
Operating margin 14.6%
EPS (TTM) ¥0.4400
EPS growth (YoY) +28.6%
Net cash 429M CNY FY2024

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

Quality Score breakdown

Overall quality 70/100

Of which business quality 68 · Market factors (momentum, volatility) 30

Profitability 41
Margins and returns on capital today
Quality Growth 70
Are margins and returns improving?
Cashflow 78
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 22
Distance to the 52-week high (market factor)
Net Issuance 84
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

Jiangsu Newamstar Packaging Machinery Co.,Ltd engages in the research and development, manufacturing, and sale of beverage packaging machinery in China and internationally.

Full company description

Jiangsu Newamstar Packaging Machinery Co.,Ltd engages in the research and development, manufacturing, and sale of beverage packaging machinery in China and internationally. The company offers pretreatment systems, including water treatment, processing, UHT, CIP, COP/SOP, and disinfectant blending systems, as well as carbon mixers; Starbloc, bottled water, big container, aseptic, ultra-clean, CSD, hot-fill, and non-beverage combiblocks; blowing systems, such as bottle, container, and gallon blowers; and aseptic, ultra-clean, hot, water, gallon-water, CSD, liquor, condiment, edible oil, and daily chemical product filling systems. It also provides secondary packaging systems comprising conveyor systems, bottle warmers, bottle tilting systems, labelers, shower cooling tunnels, film and carton wrappers, starpacks, sorting robots, robot encasers and palletizers, and mechanical palletizers; and automated warehouse systems, rail guided vehicles, automated guided vehicles, and warehouse management systems. The company was founded in 2003 and is headquartered in Zhangjiagang, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangsu Newamstar Packaging Machinery Co reported revenue of ¥1.2B in FY2025 versus ¥710M in FY2021, a compound +14.4%/yr. Reported net income was ¥124M in FY2025, compounding +20.7%/yr from FY2021.

Growth Quality 91/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.2B CNY
Latest YoY
+13.3%
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.
+16.9%
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.
+12.0%
Avg. growth/yr (14Y) 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.
+9.9%
Revenue +14.4%/yr
FY21 ¥710M
FY22 ¥763M
FY23 ¥929M
FY24 ¥1.1B
FY25 ¥1.2B
Net income +20.7%/yr
FY21 ¥58.3M
FY22 ¥34.1M
FY23 ¥23.3M
FY24 ¥45.3M
FY25 ¥124M
Character of growth · EPS growth decomposed (2013-2024) −5.9 % p.a.
Revenue per share +5.4 pp

of which total revenue +8.6 pp · buybacks/dilution −3.3 pp

EBIT margin −9.8 pp
Tax rate +0.4 pp
Residual (interest, one-offs) −1.9 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Jiangsu Newamstar Packaging Machinery Co Fair Value". https://www.fairvalue-calculator.com/stock/300509

Peer Group

Specialty Industrial Machinery · 808 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 70 · Top 25%
Fair Value upside +1% · Top 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 10% · Above median
Operating margin (TTM) 15% · Top 25%
Revenue growth 25% · Top 25%
Debt / equity 0.10× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 20.8× · Cheaper than median
P/B 4.10× · Pricier than median
P/S (TTM) 2.11× · Pricier than median
P/FCF 2.0× · Cheaper than median
EV/EBITDA 10.2× · 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 35 · sector 0
FUTURE 100 · sector 23
PAST 77 · sector 28
HEALTH 95 · sector 96
DIVIDEND 0 · sector 24

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.

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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 Jiangsu Newamstar Packaging Machinery Co (300509) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥8.75 versus a price of ¥8.63, about +1% (fairly valued).
What is the fair value of 300509?
Our model-based fair value for Jiangsu Newamstar Packaging Machinery Co is ¥8.75 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥8.63.
What is the quality score of 300509?
Jiangsu Newamstar Packaging Machinery Co has a Quality Score of 70/100. 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 Jiangsu Newamstar Packaging Machinery Co (300509)?
Jiangsu Newamstar Packaging Machinery Co reported trailing-twelve-month revenue of about 1.3B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300509?
The net profit margin of Jiangsu Newamstar Packaging Machinery Co is about 9.9%, meaning it keeps roughly 9.9% of revenue as net income. 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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