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Beijing Compass Technology Develop (300803) Fair Value & Analysis

Technology · CN · Market cap 58.8B CNY (≈ $8.8B) · ISIN CNE000001QQ6

What is Beijing Compass Technology Develop really worth?

BC Beijing Compass Technology Develop 300803 · SHE
Price¥88.09
Fair Value¥8.90
Upside−89.9%
Quality46/100

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

Below-average quality, and trading another 890% above our fair value of ¥8.90.

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Strengths

Healthy Growth (revenue 5y +25.3 %/yr)
Low debt · generates free cash flow

Risks

!Thin margins · 8.6% net margin
!Trails peers (5/13)
!Moderate moat 45/100
!Evidence only low, so the estimate is less certain
!Weak on dividend: 2 out of 100

For context

·0.09% dividend yield
Evidence: Low Range ¥6.67 – ¥11.12

Fair value as of: Aug 21, 2026

From 25 valuation models · updated 15 days ago

Share price +5.9% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (¥11.12). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

¥172.76 ¥17.43 Fair Value ¥8.90 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range ¥17.43 – ¥172.76 · fair‑value band ¥6.67 – ¥11.12 · the ¥88.09 price screens above the ¥8.90 fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

Beijing Compass Technology Develop (300803) currently trades at ¥88.09, while our model-based Fair Value estimate is ¥8.90, implying the stock looks roughly 890.1% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of ¥60.09 per share, and 2 of the 25 models we run sit above the ¥88.09 price. Bear case: the Asset-Based group reads lowest at ¥3.06, and 23 of the 25 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Beijing Compass Technology Develop generated revenue of 2.3B CNY at a net margin of 8.6%. Revenue grew 31.0% year over year. It earns a return on equity of 7.8%. The balance sheet holds a net cash position of 8.3B CNY. Fundamentals as of Aug 21, 2026

Our scenario range runs from ¥6.67 (bear case) to ¥11.12 (bull case); at ¥88.09, 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 51% below its 52-week high and 53% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −38% fair-value upside, at −90%, 300803 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.1631 per share, which is 1.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (¥0.4500 to ¥165.99). Read the values as a conservative anchor, not as a price target.
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
5Y EBITDA Exit ¥38.66 ¥44.62 ¥55.84 77
FCF DCF ¥95.64 ¥142.18 ¥290.40 76
Owner Earnings ¥20.04 ¥27.12 ¥41.99 76
All 25 models by family
DCF Models
FCF DCF ¥95.64 ¥142.18 ¥290.40 76
Owner Earnings ¥20.04 ¥27.12 ¥41.99 76
5Y Revenue Exit ¥36.90 ¥41.06 ¥48.76 74
5Y EBITDA Exit ¥38.66 ¥44.62 ¥55.84 77
5Y P/E Exit ¥42.63 ¥60.09 ¥80.92 71
10Y Revenue Exit ¥54.29 ¥73.55 ¥76.92 68
10Y EBITDA Exit ¥55.59 ¥77.34 ¥106.05 69
10Y P/E Exit ¥58.48 ¥85.88 ¥124.06 64
Earnings-Based
Graham-Dodd ¥2.54 ¥17.72 ¥24.87 63
Lynch FV ¥8.50 ¥12.14 ¥15.79 61
PEG = 1.0 ¥8.50 ¥12.14 ¥15.79 57
EPV ¥14.72 ¥14.75 ¥14.79 74
Dividend Discount
Gordon GGM ¥0.2600 ¥0.5300 ¥0.8400 66
DDM Multi-Stage ¥0.2600 ¥0.4500 ¥0.5600 67
Multiples
P/E Multiple ¥7.85 ¥10.47 ¥13.08 63
P/S Multiple ¥4.77 ¥6.35 ¥7.94 58
P/B Multiple ¥4.77 ¥6.35 ¥7.94 55
EV/EBIT ¥14.97 ¥15.14 ¥15.30 66
EV/EBITDA ¥17.08 ¥17.95 ¥18.81 67
EV/Revenue ¥14.73 ¥14.84 ¥14.94 54
Asset-Based
NCAV (Graham) ¥2.29 ¥3.06 ¥4.57 54
Growth DCF
Growth DCF ¥90.81 ¥165.99 ¥289.18 75
Economic Profit
Residual Income ¥3.81 ¥4.09 ¥4.94 76
ROIC Compounder ¥14.72 ¥14.75 ¥14.79 72
Growth Earnings
Growth-Adj P/E ¥12.48 ¥17.84 ¥23.19 67

Widest divergence: Growth DCF (¥165.99) versus Dividend Discount (¥0.4500). Highest evidence: 5Y EBITDA Exit (77).

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Key figures & financial health

P/E ratio 275.3
P/S ratio 29.3 P/E × margin
EPS (TTM) ¥0.3200 price ÷ EPS = P/E 275.3
Dividend yield 0.1% payout 25.0%
Net margin 10.7% FY2025
Return on equity 7.8% TTM
More key figures
Profitability
Return on assets (EBIT) 3.6% avg 5y
Operating margin 16.2% TTM
Growth
Revenue (TTM) 2.3B CNY TTM
Revenue growth (YoY) +31.0% 3y avg +19.4%
EPS growth (YoY) −21.7%
Balance sheet & cash flow
Free cash flow 2.9B CNY FY2025
Net cash 8.3B CNY FY2025

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 51 · Market factors (momentum, volatility) 30

Profitability 27
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 0
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Beijing Compass Technology Development Co., Ltd. develops and provides securities analysis software and securities information solutions under the Compass brand in China. The company offers investors with financial data analysis and securities investment consulting services through securities tool software terminals as a carrier and the Internet as a tool.

Full company description

Beijing Compass Technology Development Co., Ltd. develops and provides securities analysis software and securities information solutions under the Compass brand in China. The company offers investors with financial data analysis and securities investment consulting services through securities tool software terminals as a carrier and the Internet as a tool. The company also provides securities, insurance brokerage, and online advertising services. In addition, it engages in business support, invest, capital market, and telecommunications activities. The company serves individual professional, and small and medium-sized investors. Beijing Compass Technology Development Co., Ltd. was formerly known as Beijing Compass Securities Research Co., Ltd. and changed its name to Beijing Compass Technology Development Co., Ltd. in April 2001. The company was founded in 1997 and is headquartered in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Beijing Compass Technology Develop reported revenue of 2.1B CNY in FY2025 versus 932M CNY in FY2021, a compound +23.1%/yr. Reported net income was 228M CNY in FY2025, compounding +6.6%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.1B CNY
Latest YoY
+38.9%
Avg. revenue 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.
+19.4%
Avg. revenue 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.
+25.3%
Avg. revenue growth/yr (21Y) 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.
+26.9%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+4.6% (4.5 + 0.1)
Revenue +23.1%/yr
FY21 932M CNY
FY22 1.3B CNY
FY23 1.1B CNY
FY24 1.5B CNY
FY25 2.1B CNY
Net income +6.6%/yr
FY21 176M CNY
FY22 338M CNY
FY23 72.6M CNY
FY24 104M CNY
FY25 228M CNY

300803 screens 890% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "Beijing Compass Technology Develop Fair Value". https://www.fairvalue-calculator.com/stock/300803

Peer Group

Software - Application · 690 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 46 · Below median
Fair Value upside −90% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 0% · Below median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 16% · Top 25%
Revenue growth 31% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.15× · Higher than median

Valuation Multiples vs Software - Application median · lower = cheaper

P/E (TTM) 275.3× · Pricier than 75% of peers
P/B 21.10× · Pricier than 75% of peers
P/S (TTM) 25.28× · Pricier than 75% of peers
P/FCF 3.0× · Cheaper than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 37
PAST31 · sector 12
HEALTH92 · sector 98
DIVIDEND2 · sector 28

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

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

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAP €191.32 €169.59 −11%
Shopify Inc SHOP C$209.78 C$28.76 −86%
Uber Technologies, Inc UBER $78.82 $43.66 −45%
Salesforce, Inc CRM $252.05 $249.28 −1%
ServiceNow, Inc NOW $138.43 $43.73 −68%
Cadence Design Systems, Inc CDNS $340.39 $112.57 −67%
Snowflake Inc SNOW $329.11 $42.27 −87%
Adobe Inc ADBE $289.15 $454.04 +57%
Automatic Data Processing, Inc ADP $284.68 $177.51 −38%
Intuit Inc INTU $348.00 $363.46 +4%

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Frequently asked questions

Is Beijing Compass Technology Develop (300803) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ¥8.90 versus a price of ¥88.09, about −90% upside (overvalued).
What is the fair value of 300803?
Our model-based fair value for Beijing Compass Technology Develop is ¥8.90 (as of Aug 21, 2026), built from audited fundamentals. The current price: ¥88.09.
What is the quality score of 300803?
Beijing Compass Technology Develop has a Quality Score of 46/100. 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 Beijing Compass Technology Develop (300803)?
Beijing Compass Technology Develop reported trailing-twelve-month revenue of about 2.3B CNY (latest available figure, as of Aug 21, 2026).
What is the net profit margin of 300803?
The net profit margin of Beijing Compass Technology Develop is about 8.6%, meaning it keeps roughly 8.6% of revenue as net income. Based on the latest reported figures.
Does Beijing Compass Technology Develop pay a dividend?
Beijing Compass Technology Develop currently shows a dividend yield of about 0.09% relative to its recent price (as of Aug 21, 2026).
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