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Focus Hotmelt Company (301283) Fair Value & Analysis

Basic Materials · CN · Market cap 3.2B CNY

FH Focus Hotmelt Company 301283 · SHE
Price¥26.42
Fair Value¥27.97
Upside+5.9%
Quality72/100
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Healthy Growth
Thin margins · 8.7% net margin
Low debt · generates free cash flow
4.20% dividend yield
Ranks above peers (12/14)
Moderate moat 49/100
Evidence: High Range ¥20.97 – ¥34.96 Share as image

Fair value as of: Jul 9, 2026

From 24 valuation models · updated 33 days ago

Fair value updated Jul 9, 2026, revised from ¥32.02 to ¥27.97 (−12.6%) since Jun 24, 2026. Share price +10.4% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥20.97 (bear) to ¥34.96 (bull), base ¥27.97. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 72/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (4 years)

¥41.20 ¥13.31 Fair Value ¥27.97 Sep 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

47‑month range ¥13.31 – ¥41.20 · fair‑value band ¥20.97 – ¥34.96 · the ¥26.42 price screens below the ¥27.97 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Focus Hotmelt Company (301283) currently trades at ¥26.42, while our model-based Fair Value estimate is ¥27.97, implying the stock looks roughly 5.9% fairly valued today. The Quality Score stands at 72/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Focus Hotmelt Company generated revenue of 2.2B CNY at a net margin of 8.7%. Revenue grew 16.9% year over year. It earns a return on equity of 11.9%. The stock trades on a trailing P/E of 16.2. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥20.97 (bear case) to ¥34.96 (bull case); at ¥26.42, 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 37% below its 52-week high and 31% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at 6%, 301283 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 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 ¥86.84 ¥160.98 ¥293.88 80
Residual Income ¥13.04 ¥14.84 ¥26.77 76
Rev-Margin DCF ¥46.49 ¥71.57 ¥107.95 74
All 24 models by family
DCF Models
FCF DCF ¥90.33 ¥147.51 ¥300.03 38
Owner Earnings ¥20.83 ¥35.62 ¥64.80 31
5Y Revenue Exit ¥46.49 ¥69.10 ¥106.26 39
5Y EBITDA Exit ¥44.82 ¥65.40 ¥97.06 41
5Y P/E Exit ¥46.79 ¥72.52 ¥103.15 38
10Y Revenue Exit ¥59.16 ¥90.63 ¥128.01 36
10Y EBITDA Exit ¥58.75 ¥87.63 ¥132.77 37
10Y P/E Exit ¥60.10 ¥91.17 ¥138.39 35
Earnings-Based
Graham-Dodd ¥11.19 ¥74.41 ¥104.21 54
Lynch FV ¥21.74 ¥31.06 ¥40.38 50
PEG = 1.0 ¥21.74 ¥31.06 ¥40.38 46
EPV ¥23.07 ¥25.46 ¥27.52 59
Multiples
P/E Multiple ¥20.97 ¥27.97 ¥34.96 63
P/S Multiple ¥20.83 ¥27.77 ¥34.71 58
P/B Multiple ¥20.97 ¥27.97 ¥34.96 55
EV/EBIT ¥30.05 ¥37.42 ¥44.79 53
EV/EBITDA ¥26.00 ¥32.02 ¥38.04 54
EV/Revenue ¥27.11 ¥35.32 ¥43.53 43
Asset-Based
NCAV (Graham) ¥7.28 ¥9.76 ¥14.57 50
Growth DCF
Growth DCF ¥86.84 ¥160.98 ¥293.88 80
Rev-Margin DCF ¥46.49 ¥71.57 ¥107.95 74
Economic Profit
Residual Income ¥13.04 ¥14.84 ¥26.77 76
ROIC Compounder ¥26.35 ¥33.88 ¥44.06 72
Growth Earnings
Growth-Adj P/E ¥27.75 ¥39.64 ¥51.53 68

Widest divergence: DCF Models (¥72.52) versus Asset-Based (¥9.76). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.2B CNY
Revenue growth (YoY) +16.9%
Net margin 8.7%
Return on equity 11.9%
Free cash flow 662M CNY FY2025
P/E ratio 16.2
More key figures
Operating margin 10.5%
EPS (TTM) ¥1.68
Dividend yield 4.2%
EPS growth (YoY) +11.1%

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

Quality Score breakdown

Overall quality 72/100

Of which business quality 74 · Market factors (momentum, volatility) 44

Profitability 46
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 96
Earnings quality: real cash, not paper profit
Fin. Strength 98
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 78
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

Focus Hotmelt Company Ltd., together with its subsidiaries, engages in the research, development, production, and sale of hot melt adhesives for sanitary products in China and internationally. The company offers sanitary and consumer packaging hot melt adhesive products. It also provides bonding agents and technical services.

Full company description

Focus Hotmelt Company Ltd., together with its subsidiaries, engages in the research, development, production, and sale of hot melt adhesives for sanitary products in China and internationally. The company offers sanitary and consumer packaging hot melt adhesive products. It also provides bonding agents and technical services. The company's products are used in baby diapers, feminine hygiene products and period panties, adult incontinence products, pet pads and diapers, and medical and hygiene products. It exports its products to Russia, Germany, the United Kingdom, the Czech Republic, Japan, Vietnam, Thailand, Turkey, Bahrain, South Africa, Nigeria, the United States, Mexico, and Brazil. Focus Hotmelt Company Ltd. was incorporated in 2012 and is headquartered in Guangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Focus Hotmelt Company reported revenue of ¥2.2B in FY2025 versus ¥1.1B in FY2021, a compound +19.5%/yr. Reported net income was ¥191M in FY2025, compounding +36.7%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.2B CNY
Latest YoY
+7.2%
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.
+16.8%
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.
+19.6%
Avg. growth/yr (6Y) 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.
+19.0%
Revenue +19.5%/yr
FY21 ¥1.1B
FY22 ¥1.4B
FY23 ¥1.6B
FY24 ¥2.0B
FY25 ¥2.2B
Net income +36.7%/yr
FY21 ¥54.8M
FY22 ¥87.3M
FY23 ¥108M
FY24 ¥78.2M
FY25 ¥191M

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Cite: Fair Value Calculator (2026). "Focus Hotmelt Company Fair Value". https://www.fairvalue-calculator.com/stock/301283

Peer Group

Specialty Chemicals · 673 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 72 · Top 25%
Fair Value upside +6% · Above median
Return on equity (TTM) 12% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 17% · Top 25%
Dividend yield (TTM) 4.2% · Top 25%

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 16.2× · Cheaper than median
P/B 1.86× · Pricier than median
P/S (TTM) 1.41× · Pricier than median
P/FCF 0.7× · Cheaper than median
EV/EBITDA 8.0× · Cheaper 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 41 · sector 0
FUTURE 85 · sector 19
PAST 48 · sector 23
HEALTH 100 · sector 95
DIVIDEND 84 · sector 25

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

Stock Price Fair Value vs Fair Value
Linde plc LIN $489.98 $222.03 -55%
Nan Ya Plastics Corporation 1303 181.50 TWD 255.83 TWD +41%
Wanhua Chemical Group 600309 ¥70.04 ¥68.03 -3%
Novozymes A/S NSISB kr 428.20 kr 179.66 -58%
Asian Paints Limited ASIANPAINT ₹2,689 ₹668.81 -75%
Solar Industries India Limited SOLARINDS ₹18,236 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,560 ₹351.84 -77%
PT Chandra Asri Pacific Tbk TPIA 1,805 IDR 2,888 IDR +60%
Linde India Limited LINDEINDIA ₹7,115 ₹757.93 -89%
Berger Paints India Limited BERGEPAINT ₹493.70 ₹164.29 -67%

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Frequently asked questions

Is Focus Hotmelt Company (301283) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥27.97 versus a price of ¥26.42, about +6% (fairly valued).
What is the fair value of 301283?
Our model-based fair value for Focus Hotmelt Company is ¥27.97 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥26.42.
What is the quality score of 301283?
Focus Hotmelt Company has a Quality Score of 72/100. 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 Focus Hotmelt Company (301283)?
Focus Hotmelt Company reported trailing-twelve-month revenue of about 2.2B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301283?
The net profit margin of Focus Hotmelt Company is about 8.7%, meaning it keeps roughly 8.7% of revenue as net income. Based on the latest reported figures.
Does Focus Hotmelt Company pay a dividend?
Focus Hotmelt Company currently shows a dividend yield of about 4.20% 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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