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ChinaEtek Service & Technology Co (301208) Fair Value & Analysis

Technology · CN · Market cap 3.5B CNY

CS ChinaEtek Service & Technology Co 301208 · SHE
Price¥29.53
Fair Value¥17.12
Upside-42.0%
Quality62/100
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Healthy Growth
Thin margins · 4.1% net margin
generates free cash flow
0.44% dividend yield
Trails peers (2/13)
Narrow moat 33/100
Evidence: High Range ¥13.46 – ¥20.45 Share as image

Fair value as of: Jul 9, 2026

From 22 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥15.41 to ¥17.12 (+11.1%) since Jun 24, 2026. Share price +4.9% over the past month.

A solid business, but screening 42% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥20.45). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

¥52.94 ¥17.83 Fair Value ¥17.12 Jul 2022 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

49‑month range ¥17.83 – ¥52.94 · fair‑value band ¥13.46 – ¥20.45 · the ¥29.53 price screens above the ¥17.12 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

ChinaEtek Service & Technology Co (301208) currently trades at ¥29.53, while our model-based Fair Value estimate is ¥17.12, implying the stock looks roughly 42.0% overvalued today. The Quality Score stands at 62/100 (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: high).

Over the trailing twelve months, ChinaEtek Service & Technology Co generated revenue of 1.2B CNY at a net margin of 4.1%. Revenue grew 35.2% year over year. It earns a return on equity of 3.2%. The stock trades on a trailing P/E of 71.0. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥13.46 (bear case) to ¥20.45 (bull case); at ¥29.53, 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 47% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -42%, 301208 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 BearBaseBull Evidence
Highest evidence
Residual Income ¥9.39 ¥9.14 ¥7.81 76
Growth DCF ¥14.66 ¥16.29 ¥18.59 72
Growth-Adj P/E ¥4.93 ¥7.04 ¥9.15 68
All 22 models by family
DCF Models
FCF DCF ¥14.51 ¥16.23 ¥18.78 38
Owner Earnings ¥14.94 ¥16.82 ¥19.60 31
5Y Revenue Exit ¥13.86 ¥15.63 ¥17.91 39
5Y EBITDA Exit ¥14.28 ¥16.37 ¥18.81 41
5Y P/E Exit ¥15.25 ¥18.04 ¥20.95 38
10Y Revenue Exit ¥13.97 ¥15.55 ¥17.41 36
10Y EBITDA Exit ¥14.33 ¥16.04 ¥18.02 37
10Y P/E Exit ¥14.91 ¥17.12 ¥19.48 35
Earnings-Based
Graham-Dodd ¥3.09 ¥6.08 ¥7.61 54
EPV ¥12.89 ¥13.38 ¥13.81 59
Multiples
P/E Multiple ¥6.81 ¥9.09 ¥11.36 63
P/S Multiple ¥5.79 ¥7.72 ¥9.65 58
P/B Multiple ¥5.79 ¥7.72 ¥9.65 55
EV/EBIT ¥15.62 ¥17.57 ¥19.51 53
EV/EBITDA ¥14.80 ¥16.47 ¥18.14 54
EV/Revenue ¥13.72 ¥15.41 ¥17.09 43
Asset-Based
NCAV (Graham) ¥6.49 ¥8.70 ¥12.99 50
Growth DCF
Growth DCF ¥14.66 ¥16.29 ¥18.59 72
Rev-Margin DCF ¥13.86 ¥15.71 ¥17.78 67
Economic Profit
Residual Income ¥9.39 ¥9.14 ¥7.81 76
ROIC Compounder ¥12.89 ¥13.47 ¥14.09 67
Growth Earnings
Growth-Adj P/E ¥4.93 ¥7.04 ¥9.15 68

Widest divergence: DCF Models (¥16.23) versus Earnings-Based (¥6.08). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.2B CNY
Revenue growth (YoY) +35.2%
Net margin 4.1%
Return on equity 3.2%
Free cash flow 57.6M CNY FY2025
P/E ratio 71.0
More key figures
Operating margin 2.8%
EPS (TTM) ¥0.4100
Dividend yield 0.4%
EPS growth (YoY) -44.4%

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

Quality Score breakdown

Overall quality 62/100

Of which business quality 62 · Market factors (momentum, volatility) 26

Profitability 29
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 82
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

ChinaEtek Service & Technology Co., Ltd. provides information technology (IT) infrastructure services in China, Hong Kong, Macau, Taiwan, and internationally.

Full company description

ChinaEtek Service & Technology Co., Ltd. provides information technology (IT) infrastructure services in China, Hong Kong, Macau, Taiwan, and internationally. The company offers MA maintenance service for hardware direction, including PC servers, minicomputers, storage, routers, switches, security equipment, etc., as well as software services comprising databases, middleware, operating systems, virtualization, etc.; architecture planning services, such as data center planning, disaster recovery active-active data center construction, cloud migration services, network optimization, and container cloud services comprising consulting, design, and implementation; and system integration services; and database services for the entire life cycle, including consulting, planning, implementation, operation and maintenance management, optimization, and version upgrades. It also provides Xinchuang database online, and operation and maintenance service solutions; big data analysis and large model operation and maintenance solutions; and commercial open-source trusted middleware full life cycle solutions. In addition, the company offers Zhongyi Lewei intelligent operation and maintenance platform; DBaaS-A9 database intelligent operation and maintenance platform; and GaussDB database planning, deployment, implementation, migration, and operation and maintenance service solutions. ChinaEtek Service & Technology Co., Ltd. was founded in 2005 and is headquartered in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ChinaEtek Service & Technology Co reported revenue of ¥1.2B in FY2025 versus ¥1.2B in FY2021, a compound −0.7%/yr. Reported net income was ¥54.5M in FY2025, compounding −18.3%/yr from FY2021.

Growth Quality 69/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.2B CNY
Latest YoY
+3.0%
Avg. growth/yr (3Y)
−4.6%
Avg. growth/yr (5Y)
+7.0%
Avg. growth/yr (6Y)
+6.0%
Revenue −0.7%/yr
FY21 ¥1.2B
FY22 ¥1.3B
FY23 ¥1.4B
FY24 ¥1.1B
FY25 ¥1.2B
Net income −18.3%/yr
FY21 ¥122M
FY22 ¥142M
FY23 ¥146M
FY24 ¥86.8M
FY25 ¥54.5M

301208 screens 42% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "ChinaEtek Service & Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/301208

Peer Group

Information Technology Services · 480 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 62 · Above median
Fair Value upside −42% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 1% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth 35% · Top 25%
Dividend yield (TTM) 0.4% · Below median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 71.0× · Pricier than 75% of peers
P/B 2.24× · Pricier than median
P/S (TTM) 2.90× · Pricier than 75% of peers
P/FCF 9.0× · Pricier than median
EV/EBITDA 49.9× · 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 20
FUTURE 100 · sector 29
PAST 13 · sector 36
HEALTH 0 · sector 97
DIVIDEND 9 · sector 37

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is ChinaEtek Service & Technology Co (301208) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥17.12 versus a price of ¥29.53, about −42% (overvalued).
What is the fair value of 301208?
Our model-based fair value for ChinaEtek Service & Technology Co is ¥17.12 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥29.53.
What is the quality score of 301208?
ChinaEtek Service & Technology Co has a Quality Score of 62/100. 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 ChinaEtek Service & Technology Co (301208)?
ChinaEtek Service & Technology Co reported trailing-twelve-month revenue of about 1.2B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301208?
The net profit margin of ChinaEtek Service & Technology Co is about 4.1%, meaning it keeps roughly 4.1% of revenue as net income. Based on the latest reported figures.
Does ChinaEtek Service & Technology Co pay a dividend?
ChinaEtek Service & Technology Co currently shows a dividend yield of about 0.44% 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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