EN DE

Zenner Metering Technology (Shanghai) Ltd (301303) Fair Value & Analysis

Industrials · CN · Market cap 6.6B CNY

ZM Zenner Metering Technology (Shanghai) Ltd 301303 · SHE
Price¥14.51
Fair Value¥14.30
Upside-1.5%
Quality45/100
Watch Zenner Metering Technology (Shanghai) Ltd for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Solidly profitable · 18.1% net margin
Low debt · generates free cash flow
2.40% dividend yield
Ranks above peers (10/14)
Moderate moat 55/100
Evidence: High Range ¥8.31 – ¥17.91 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 ¥14.35 to ¥14.30 (−0.3%) since Jun 24, 2026. Share price −2.1% over the past month.

Below-average quality, 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.
  • A fairly wide model range (¥8.31 to ¥17.91) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (4 years)

¥22.20 ¥9.02 Fair Value ¥14.30 Feb 2023 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

42‑month range ¥9.02 – ¥22.20 · fair‑value band ¥8.31 – ¥17.91 · the ¥14.51 price screens above the ¥14.30 fair value. Dashed = 300-day average. As of Jul 9, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Zenner Metering Technology (Shanghai) Ltd (301303) currently trades at ¥14.51, while our model-based Fair Value estimate is ¥14.30, implying the stock looks roughly 1.5% fairly valued today. The Quality Score stands at 45/100 (below-average 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, Zenner Metering Technology (Shanghai) Ltd generated revenue of 1.8B CNY at a net margin of 18.1%. Revenue grew 5.8% year over year. It earns a return on equity of 9.6%. Net debt stands at 49.2M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥8.31 (bear case) to ¥17.91 (bull case); at ¥14.51, 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 23% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -1%, 301303 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
Growth DCF ¥2.81 ¥4.29 ¥6.76 80
Residual Income ¥7.28 ¥8.05 ¥11.85 76
Rev-Margin DCF ¥5.28 ¥9.46 ¥15.09 74
All 24 models by family
DCF Models
FCF DCF ¥2.85 ¥4.55 ¥7.53 38
Owner Earnings ¥5.45 ¥9.44 ¥16.48 31
5Y Revenue Exit ¥5.28 ¥9.68 ¥15.96 39
5Y EBITDA Exit ¥8.40 ¥16.37 ¥26.89 41
5Y P/E Exit ¥9.92 ¥19.63 ¥31.32 38
10Y Revenue Exit ¥4.25 ¥8.13 ¥14.66 36
10Y EBITDA Exit ¥6.49 ¥13.03 ¥23.95 37
10Y P/E Exit ¥7.50 ¥15.42 ¥27.73 35
Earnings-Based
Graham-Dodd ¥5.71 ¥30.18 ¥41.78 54
Lynch FV ¥8.31 ¥11.87 ¥15.43 50
PEG = 1.0 ¥8.31 ¥11.87 ¥15.43 46
EPV ¥7.73 ¥8.80 ¥9.73 59
Multiples
P/E Multiple ¥13.22 ¥17.62 ¥22.03 63
P/S Multiple ¥6.54 ¥8.72 ¥10.90 58
P/B Multiple ¥10.70 ¥14.27 ¥17.83 55
EV/EBIT ¥13.00 ¥17.02 ¥21.04 53
EV/EBITDA ¥11.75 ¥15.36 ¥18.96 54
EV/Revenue ¥6.43 ¥8.79 ¥11.14 43
Asset-Based
NCAV (Graham) ¥4.21 ¥5.65 ¥8.43 50
Growth DCF
Growth DCF ¥2.81 ¥4.29 ¥6.76 80
Rev-Margin DCF ¥5.28 ¥9.46 ¥15.09 74
Economic Profit
Residual Income ¥7.28 ¥8.05 ¥11.85 76
ROIC Compounder ¥7.73 ¥9.30 ¥11.54 72
Growth Earnings
Growth-Adj P/E ¥12.31 ¥17.59 ¥22.86 68

Widest divergence: Growth Earnings (¥17.59) versus Growth DCF (¥4.29). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.8B CNY
Revenue growth (YoY) +5.8%
Net margin 18.1%
Return on equity 9.6%
Free cash flow 60.7M CNY FY2025
P/E ratio 20.3
More key figures
Operating margin 13.6%
EPS (TTM) ¥0.8000
Dividend yield 2.4%
EPS growth (YoY) -23.5%
Net debt 49.2M CNY FY2022

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 47 · Market factors (momentum, volatility) 45

Profitability 44
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 9
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 40
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

Zenner Metering Technology (Shanghai) Ltd. engages in the research and development, manufacture, and sale of gas metering instruments and supporting products in China and internationally.

Full company description

Zenner Metering Technology (Shanghai) Ltd. engages in the research and development, manufacture, and sale of gas metering instruments and supporting products in China and internationally. The company offers domestic meters, industrial and commercial diaphragm gas meter, prepaid meter, gas detector; gas rotary flowmeter, gas turbine flowmeter, ultrasonic flowmeter, electronic volume corrector, intelligent flow controller; and stainless-steel corrugated hose. It also provides iGasLink, a smart gas cloud platform. Zenner Metering Technology (Shanghai) Ltd. was founded in 2011 and is based in Shanghai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zenner Metering Technology (Shanghai) Ltd reported revenue of ¥1.8B in FY2025 versus ¥1.1B in FY2021, a compound +13.8%/yr. Reported net income was ¥343M in FY2025, compounding +12.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.8B CNY
Latest YoY
+18.7%
Avg. growth/yr (3Y)
+14.4%
Revenue +13.8%/yr
FY21 ¥1.1B
FY22 ¥1.2B
FY23 ¥1.3B
FY24 ¥1.5B
FY25 ¥1.8B
Net income +12.1%/yr
FY21 ¥217M
FY22 ¥212M
FY23 ¥314M
FY24 ¥321M
FY25 ¥343M

Watch 301303: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Zenner Metering Technology (Shanghai) Ltd Fair Value". https://www.fairvalue-calculator.com/stock/301303

Peer Group

Electrical Equipment & Parts · 528 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 45 · Below median
Fair Value upside −1% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 6% · Below median
Dividend yield (TTM) 2.4% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 20.3× · Cheaper than 75% of peers
P/B 1.93× · Cheaper than median
P/S (TTM) 3.68× · Pricier than median
P/FCF 16.2× · Pricier than 75% of peers
EV/EBITDA 17.4× · 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 31 · sector 0
FUTURE 29 · sector 57
PAST 38 · sector 26
HEALTH 99 · sector 97
DIVIDEND 48 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

Compare Zenner Metering Technology (Shanghai) Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Zenner Metering Technology (Shanghai) Ltd (301303) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥14.30 versus a price of ¥14.51, about −1% (fairly valued).
What is the fair value of 301303?
Our model-based fair value for Zenner Metering Technology (Shanghai) Ltd is ¥14.30 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥14.51.
What is the quality score of 301303?
Zenner Metering Technology (Shanghai) Ltd has a Quality Score of 45/100. 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 Zenner Metering Technology (Shanghai) Ltd (301303)?
Zenner Metering Technology (Shanghai) Ltd reported trailing-twelve-month revenue of about 1.8B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301303?
The net profit margin of Zenner Metering Technology (Shanghai) Ltd is about 18.1%, meaning it keeps roughly 18.1% of revenue as net income. Based on the latest reported figures.
Does Zenner Metering Technology (Shanghai) Ltd pay a dividend?
Zenner Metering Technology (Shanghai) Ltd currently shows a dividend yield of about 2.40% 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.

14 days Pro free · no card

Track Zenner Metering Technology (Shanghai) Ltd and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.