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SonoScape Medical Corp (300633) Fair Value & Analysis

Healthcare · CN · Market cap 8.2B CNY

SM SonoScape Medical Corp 300633 · SHE
Price¥20.33
Fair Value¥17.19
Upside-15.5%
Quality55/100
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Expensive Growth
Thin margins · 7.5% net margin
Low debt · negative free cash flow
0.91% dividend yield
Mixed vs. peers (7/13)
Narrow moat 32/100
Evidence: High Range ¥12.04 – ¥21.83 Share as image

Fair value as of: Jul 9, 2026

From 15 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥9.55 to ¥17.19 (+80.0%) since Jun 24, 2026. Share price +9.1% over the past month.

A solid business, but screening 15% overvalued on our models.

What matters now

  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥12.04 to ¥21.83) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥59.72 ¥17.97 Fair Value ¥17.19 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 ¥17.97 – ¥59.72 · fair‑value band ¥12.04 – ¥21.83 · the ¥20.33 price screens above the ¥17.19 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

SonoScape Medical Corp (300633) currently trades at ¥20.33, while our model-based Fair Value estimate is ¥17.19, implying the stock looks roughly 15.5% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Healthcare 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, SonoScape Medical Corp generated revenue of 2.4B CNY at a net margin of 7.5%. Revenue grew 11.8% year over year. It earns a return on equity of 5.6%. The balance sheet holds a net cash position of 1.2B CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥12.04 (bear case) to ¥21.83 (bull case); at ¥20.33, 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 46% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -22% fair-value upside, at -15%, 300633 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 BearBaseBull Evidence
Highest evidence
Residual Income ¥5.97 ¥6.12 ¥6.11 76
ROIC Compounder ¥6.82 ¥7.38 ¥8.12 72
Growth-Adj P/E ¥6.69 ¥9.55 ¥12.42 68
All 15 models by family
DCF Models
Owner Earnings ¥7.95 ¥11.84 ¥18.55 31
Earnings-Based
Graham-Dodd ¥3.16 ¥15.79 ¥21.79 54
Lynch FV ¥4.27 ¥6.10 ¥7.93 50
PEG = 1.0 ¥4.27 ¥6.10 ¥7.93 46
EPV ¥6.82 ¥7.38 ¥7.86 59
Multiples
P/E Multiple ¥7.66 ¥10.22 ¥12.77 63
P/S Multiple ¥5.92 ¥7.89 ¥9.87 58
P/B Multiple ¥5.92 ¥7.89 ¥9.87 55
EV/EBIT ¥8.80 ¥10.65 ¥12.49 53
EV/EBITDA ¥10.36 ¥12.73 ¥15.10 54
EV/Revenue ¥7.22 ¥8.91 ¥10.60 43
Asset-Based
NCAV (Graham) ¥3.84 ¥5.15 ¥7.68 50
Economic Profit
Residual Income ¥5.97 ¥6.12 ¥6.11 76
ROIC Compounder ¥6.82 ¥7.38 ¥8.12 72
Growth Earnings
Growth-Adj P/E ¥6.69 ¥9.55 ¥12.42 68

Widest divergence: DCF Models (¥11.84) versus Asset-Based (¥5.15). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.4B CNY
Revenue growth (YoY) +11.8%
Net margin 7.5%
Return on equity 5.6%
Free cash flow −190M CNY FY2025
P/E ratio 47.3
More key figures
Operating margin 0.8%
EPS (TTM) ¥0.4100
Dividend yield 0.9%
EPS growth (YoY) +404%
Net cash 1.2B CNY FY2024

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

Quality Score breakdown

Overall quality 55/100

Of which business quality 55 · Market factors (momentum, volatility) 27

Profitability 41
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 6
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 77
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

SonoScape Medical Corp., together with its subsidiaries, engages in the research, development, production, and sale of medical diagnosis and treatment equipment in China and internationally.

Full company description

SonoScape Medical Corp., together with its subsidiaries, engages in the research, development, production, and sale of medical diagnosis and treatment equipment in China and internationally. It offers ultrasound medical imaging products comprising trolley and portable color dopplers, B/W ultrasounds, and transducers; endoscopic diagnosis and treatment products consisting of image processors, light sources, gastroenterology and pulmonology products, endoscopic ultrasound, duodenoscopes, and peripheral equipment; minimally invasive surgery solutions, such as camera systems and flexible endoscopes; veterinary ultrasound and endoscopy solutions; and intravascular intervention products. The company also provides face-to-face and online training for ultrasound and endoscopy systems; technical and spare parts support; preventive maintenance, calibration, breakdown repair, and other field services; and upgrade services. In addition, it is involved in the software industry. SonoScape Medical Corp. was incorporated in 2002 and is headquartered in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SonoScape Medical Corp reported revenue of ¥2.3B in FY2025 versus ¥1.4B in FY2021, a compound +12.4%/yr. Reported net income was ¥197M in FY2025, compounding −5.5%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.3B CNY
Latest YoY
+14.7%
Avg. growth/yr (3Y)
+9.4%
Avg. growth/yr (5Y)
+14.7%
Avg. growth/yr (13Y)
+12.8%
Revenue +12.4%/yr
FY21 ¥1.4B
FY22 ¥1.8B
FY23 ¥2.1B
FY24 ¥2.0B
FY25 ¥2.3B
Net income −5.5%/yr
FY21 ¥247M
FY22 ¥370M
FY23 ¥454M
FY24 ¥142M
FY25 ¥197M

300633 screens 15% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "SonoScape Medical Corp Fair Value". https://www.fairvalue-calculator.com/stock/300633

Peer Group

Medical Devices · 351 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 55 · Above median
Fair Value upside −15% · Above median
Return on equity (TTM) 6% · Above median
Return on assets 2% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 1% · Below median
Revenue growth 12% · Above median
Dividend yield (TTM) 0.9% · Below median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/E (TTM) 47.3× · Pricier than 75% of peers
P/B 2.52× · Pricier than median
P/S (TTM) 3.49× · Pricier than median
EV/EBITDA 32.4× · 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 13 · sector 0
FUTURE 59 · sector 27
PAST 22 · sector 8
HEALTH 99 · sector 97
DIVIDEND 18 · sector 38

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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%
Getinge AB GETIB kr 206.80 kr 192.14 -7%

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Frequently asked questions

Is SonoScape Medical Corp (300633) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥17.19 versus a price of ¥20.33, about −15% (overvalued).
What is the fair value of 300633?
Our model-based fair value for SonoScape Medical Corp is ¥17.19 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥20.33.
What is the quality score of 300633?
SonoScape Medical Corp has a Quality Score of 55/100. 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 SonoScape Medical Corp (300633)?
SonoScape Medical Corp 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 300633?
The net profit margin of SonoScape Medical Corp is about 7.5%, meaning it keeps roughly 7.5% of revenue as net income. Based on the latest reported figures.
Does SonoScape Medical Corp pay a dividend?
SonoScape Medical Corp currently shows a dividend yield of about 0.91% 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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