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Anhui Landun Photoelectron Co (300862) Fair Value & Analysis

Technology · CN · Market cap 4.1B CNY

AL Anhui Landun Photoelectron Co 300862 · SHE
Price¥27.37
Fair Value¥2.74
Upside-90.0%
Quality51/100
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Weak Growth
Loss-making · -24.7% net margin
Low debt · generates free cash flow
Trails peers (3/12)
Narrow moat 8/100
Evidence: Low Range ¥2.21 – ¥3.27 Share as image

Fair value as of: Jul 9, 2026

From 7 valuation models · updated 34 days ago

Fair value updated Jul 9, 2026, revised from ¥32.00 to ¥2.74 (−91.4%) since Jun 24, 2026. Share price +45.2% over the past month.

A solid business, but screening 90% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥3.27). 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 (51/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥39.28 ¥15.23 Fair Value ¥2.74 Jan 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 ¥15.23 – ¥39.28 · fair‑value band ¥2.21 – ¥3.27 · the ¥27.37 price screens above the ¥2.74 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Anhui Landun Photoelectron Co (300862) currently trades at ¥27.37, while our model-based Fair Value estimate is ¥2.74, implying the stock looks roughly 90.0% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Technology 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: low).

Over the trailing twelve months, Anhui Landun Photoelectron Co generated revenue of 386M CNY at a net margin of -24.7%. Revenue declined 13.2% year over year. It earns a return on equity of -4.8%. The balance sheet holds a net cash position of 179M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥2.21 (bear case) to ¥3.27 (bull case); at ¥27.37, 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 10% below its 52-week high and 32% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -45% fair-value upside, at -90%, 300862 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 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 ¥2.16 ¥2.61 ¥3.34 80
Rev-Margin DCF ¥2.03 ¥2.60 ¥3.29 74
NCAV (Graham) ¥5.33 ¥7.15 ¥10.67 50
All 7 models by family
DCF Models
FCF DCF ¥2.11 ¥2.57 ¥3.40 38
5Y Revenue Exit ¥2.03 ¥2.57 ¥3.34 39
10Y Revenue Exit ¥2.02 ¥2.42 ¥2.84 36
Multiples
EV/Revenue ¥2.09 ¥2.62 ¥3.15 43
Asset-Based
NCAV (Graham) ¥5.33 ¥7.15 ¥10.67 50
Growth DCF
Growth DCF ¥2.16 ¥2.61 ¥3.34 80
Rev-Margin DCF ¥2.03 ¥2.60 ¥3.29 74

Widest divergence: Asset-Based (¥7.15) versus DCF Models (¥2.57). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 386M CNY
Revenue growth (YoY) -13.2%
Net margin -24.7%
Return on equity -4.8%
Free cash flow 25.1M CNY FY2025
Operating margin -13.3%
More key figures
EPS (TTM) ¥-0.5200
Dividend yield 0.1%
EPS growth (YoY) -43.7%
Net cash 179M CNY FY2024

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 53 · Market factors (momentum, volatility) 51

Profitability 3
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 54
Distance to the 52-week high (market factor)
Net Issuance 81
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

Anhui Landun Photoelectron Co., Ltd. manufactures and sells analytical measuring instruments, and system integration and engineering equipment.

Full company description

Anhui Landun Photoelectron Co., Ltd. manufactures and sells analytical measuring instruments, and system integration and engineering equipment. The company offers transportation products, such as speed measuring products, including narrow wave and flat panel, motor vehicle, fixed vehicle overspeed, and hump and patrol speed radars; cameras, such as dome monitoring, event detection, parking ball, video traffic collection, and face recognition cameras; fill light products; intelligent management systems, including IOT school time detection terminal, smart power management, foggy highway driving safety, and road traffic accident scene warning products; and information release products, such as LED display, speed limit sign, and traffic guidance displays. Its transportation products also include signal light and machine products; traffic weather collection products comprising forward scattering visibility, road condition sensor, and multi-element automatic weather products; transportation front-end products; and road traffic smart monitoring, public security traffic integrated, law enforcement service, traffic big data research, and rural road safety supervision cloud platforms. In addition, the company provides environmental protection systems, such as air quality, pollution source, particulate matter, VOCs online, and water quality monitoring systems, as well as lidars and tunable diode laser absorption spectroscopy products; food and drug testing instruments; and radar antennas and components. Further, it offers precipitation phenomenon and laser ceilometers; water vapor aerosol lidars; highway traffic weather stations and road sensors; and atmospheric greenhouse gas and aerosol analyzers, and SO2/NOx/CO/O3 analyzers. Additionally, the company engages in software development; and provision of operation, maintenance, and data services. Anhui Landun Photoelectron Co., Ltd. was founded in 2001 and is based in Tongling, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Anhui Landun Photoelectron Co reported revenue of ¥399M in FY2025 versus ¥867M in FY2021, a compound −17.6%/yr. Reported net income was −¥88.8M in FY2025.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
399M CNY
Latest YoY
−34.5%
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.
−19.5%
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.
−11.0%
Avg. growth/yr (9Y) 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.
−1.2%
Revenue −17.6%/yr
FY21 ¥867M
FY22 ¥764M
FY23 ¥643M
FY24 ¥609M
FY25 ¥399M
Net income
FY21 ¥160M
FY22 ¥69.5M
FY23 ¥42.0M
FY24 ¥6.5M
FY25 −¥88.8M

300862 screens 90% overvalued. Compare with Keysight Technologies, Inc →

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Cite: Fair Value Calculator (2026). "Anhui Landun Photoelectron Co Fair Value". https://www.fairvalue-calculator.com/stock/300862

Peer Group

Scientific & Technical Instruments · 164 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 51 · Below median
Fair Value upside −90% · Bottom 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -25% · Bottom 25%
Operating margin (TTM) -13% · Bottom 25%
Revenue growth -13% · Bottom 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/B 0.31× · Cheaper than 75% of peers
P/S (TTM) 1.59× · Cheaper than median
P/FCF 24.5× · Pricier 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 0 · sector 0
FUTURE 0 · sector 33
PAST 0 · sector 24
HEALTH 99 · sector 98
DIVIDEND 1 · sector 22

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 Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Keysight Technologies, Inc KEYS $315.90 $84.16 -73%
Garmin Ltd GRMN $241.76 $146.67 -39%
Teledyne Technologies Incorporated TDY $635.52 $367.58 -42%
Chroma ATE Inc 2360 1,905 TWD 286.15 TWD -85%
Hexagon AB HEXAB kr 80.10 kr 52.93 -34%
MKS Inc MKSI $324.69 $77.46 -76%
AVIC Chengdu Aircraft Company 302132 ¥52.91 ¥34.47 -35%
Fortive Corporation FTV $61.78 $33.84 -45%
Trimble Inc TRMB $52.72 $24.47 -54%
Cognex Corporation CGNX $64.07 $13.75 -79%

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Frequently asked questions

Is Anhui Landun Photoelectron Co (300862) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥2.74 versus a price of ¥27.37, about −90% (overvalued).
What is the fair value of 300862?
Our model-based fair value for Anhui Landun Photoelectron Co is ¥2.74 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥27.37.
What is the quality score of 300862?
Anhui Landun Photoelectron Co has a Quality Score of 51/100. 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 Anhui Landun Photoelectron Co (300862)?
Anhui Landun Photoelectron Co reported trailing-twelve-month revenue of about 386M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300862?
The net profit margin of Anhui Landun Photoelectron Co is about -24.7%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Anhui Landun Photoelectron Co pay a dividend?
Anhui Landun Photoelectron Co currently shows a dividend yield of about 0.05% 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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