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Hiecise Precision Equipment Co (300809) Fair Value & Analysis

Industrials · CN · Market cap 8.2B CNY

HP Hiecise Precision Equipment Co 300809 · SHE
Price¥24.40
Fair Value¥13.45
Upside-44.9%
Quality75/100
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Healthy Growth
Highly profitable · 36.7% net margin
generates free cash flow
0.38% dividend yield
Trails peers (4/13)
Moderate moat 62/100
Evidence: High Range ¥11.52 – ¥27.37 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 ¥7.66 to ¥13.45 (+75.6%) since Jun 24, 2026. Share price −10.6% over the past month.

A strong business, but screening 45% overvalued on our models.

What matters now

  • A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • A fairly wide model range (¥11.52 to ¥27.37) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥55.26 ¥8.53 Fair Value ¥13.45 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 ¥8.53 – ¥55.26 · fair‑value band ¥11.52 – ¥27.37 · the ¥24.40 price screens above the ¥13.45 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

Hiecise Precision Equipment Co (300809) currently trades at ¥24.40, while our model-based Fair Value estimate is ¥13.45, implying the stock looks roughly 44.9% overvalued today. The Quality Score stands at 75/100 (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, Hiecise Precision Equipment Co generated revenue of 522M CNY at a net margin of 36.7%. Revenue declined 17.1% year over year. It earns a return on equity of 11.0%. The balance sheet holds a net cash position of 227M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥11.52 (bear case) to ¥27.37 (bull case); at ¥24.40, 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 53% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -45%, 300809 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 ¥6.38 ¥7.22 ¥12.81 76
Growth DCF ¥8.28 ¥14.61 ¥24.14 72
Growth-Adj P/E ¥13.05 ¥18.65 ¥24.24 68
All 24 models by family
DCF Models
FCF DCF ¥8.47 ¥14.13 ¥27.43 38
Owner Earnings ¥13.14 ¥24.35 ¥44.97 31
5Y Revenue Exit ¥5.47 ¥8.05 ¥11.55 39
5Y EBITDA Exit ¥6.45 ¥10.22 ¥15.08 41
5Y P/E Exit ¥11.90 ¥22.25 ¥34.88 38
10Y Revenue Exit ¥6.33 ¥9.22 ¥13.75 36
10Y EBITDA Exit ¥7.07 ¥10.83 ¥16.84 37
10Y P/E Exit ¥10.71 ¥19.80 ¥34.18 35
Earnings-Based
Graham-Dodd ¥5.42 ¥31.28 ¥43.51 54
Lynch FV ¥8.82 ¥12.61 ¥16.39 50
PEG = 1.0 ¥8.82 ¥12.61 ¥16.39 46
EPV ¥3.82 ¥4.17 ¥4.47 59
Multiples
P/E Multiple ¥12.56 ¥16.74 ¥20.93 63
P/S Multiple ¥3.21 ¥4.29 ¥5.36 58
P/B Multiple ¥10.17 ¥13.55 ¥16.94 55
EV/EBIT ¥5.05 ¥6.20 ¥7.35 53
EV/EBITDA ¥5.76 ¥7.14 ¥8.53 54
EV/Revenue ¥4.07 ¥5.12 ¥6.18 43
Asset-Based
NCAV (Graham) ¥3.57 ¥4.79 ¥7.15 50
Growth DCF
Growth DCF ¥8.28 ¥14.61 ¥24.14 72
Rev-Margin DCF ¥5.47 ¥8.02 ¥11.55 67
Economic Profit
Residual Income ¥6.38 ¥7.22 ¥12.81 76
ROIC Compounder ¥3.82 ¥4.17 ¥4.47 67
Growth Earnings
Growth-Adj P/E ¥13.05 ¥18.65 ¥24.24 68

Widest divergence: Growth Earnings (¥18.65) versus Economic Profit (¥4.17). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 522M CNY
Revenue growth (YoY) -17.1%
Net margin 36.7%
Return on equity 11.0%
Free cash flow 130M CNY FY2025
P/E ratio 42.6
More key figures
Operating margin 20.1%
EPS (TTM) ¥0.7600
Dividend yield 0.4%
EPS growth (YoY) -44.4%
Net cash 227M CNY FY2024

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

Quality Score breakdown

Overall quality 75/100

Of which business quality 72 · Market factors (momentum, volatility) 19

Profitability 45
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 90
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

Hiecise Precision Equipment Co.,Ltd. engages in the research and development, manufacture, sale, and support of roll grinders in China and internationally. It offers roll and cylindrical grinders for applications steel industry, nonferrous metal, papermaking, light skill textile, and equipment manufacturing industries.

Full company description

Hiecise Precision Equipment Co.,Ltd. engages in the research and development, manufacture, sale, and support of roll grinders in China and internationally. It offers roll and cylindrical grinders for applications steel industry, nonferrous metal, papermaking, light skill textile, and equipment manufacturing industries. The company was founded in 2007 and is based in Kunshan, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hiecise Precision Equipment Co reported revenue of ¥543M in FY2025 versus ¥409M in FY2021, a compound +7.3%/yr. Reported net income was ¥202M in FY2025, compounding +27.5%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
543M CNY
Latest YoY
+21.8%
Avg. growth/yr (3Y)
+17.3%
Avg. growth/yr (5Y)
+18.7%
Avg. growth/yr (10Y)
+10.4%
Revenue +7.3%/yr
FY21 ¥409M
FY22 ¥336M
FY23 ¥479M
FY24 ¥446M
FY25 ¥543M
Net income +27.5%/yr
FY21 ¥76.6M
FY22 ¥47.2M
FY23 ¥118M
FY24 ¥62.0M
FY25 ¥202M

300809 screens 45% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Hiecise Precision Equipment Co Fair Value". https://www.fairvalue-calculator.com/stock/300809

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 75 · Top 25%
Fair Value upside −45% · Below median
Return on equity (TTM) 11% · Above median
Return on assets 2% · Below median
Net margin (TTM) 37% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth -17% · Bottom 25%
Dividend yield (TTM) 0.4% · Bottom 25%

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 42.6× · Pricier than median
P/B 4.53× · Pricier than 75% of peers
P/S (TTM) 15.72× · Pricier than 75% of peers
P/FCF 9.4× · Pricier than median
EV/EBITDA 84.2× · 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 0 · sector 23
PAST 44 · sector 28
HEALTH 0 · sector 96
DIVIDEND 8 · 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 Hiecise Precision Equipment Co (300809) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥13.45 versus a price of ¥24.40, about −45% (overvalued).
What is the fair value of 300809?
Our model-based fair value for Hiecise Precision Equipment Co is ¥13.45 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥24.40.
What is the quality score of 300809?
Hiecise Precision Equipment Co has a Quality Score of 75/100. 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 Hiecise Precision Equipment Co (300809)?
Hiecise Precision Equipment Co reported trailing-twelve-month revenue of about 522M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300809?
The net profit margin of Hiecise Precision Equipment Co is about 36.7%, meaning it keeps roughly 36.7% of revenue as net income. Based on the latest reported figures.
Does Hiecise Precision Equipment Co pay a dividend?
Hiecise Precision Equipment Co currently shows a dividend yield of about 0.38% 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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