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R&G PharmaStudies Co (301333) Fair Value & Analysis

Healthcare · CN · Market cap 4.4B CNY

RG R&G PharmaStudies Co 301333 · SHE
Price¥56.81
Fair Value¥31.18
Upside-45.1%
Quality65/100
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Healthy Growth
Solidly profitable · 14.9% net margin
Low debt · generates free cash flow
0.35% dividend yield
Mixed vs. peers (8/14)
Moderate moat 48/100
Evidence: High Range ¥23.39 – ¥38.98 Share as image

Fair value as of: Jul 9, 2026

From 24 valuation models · updated 32 days ago

Share price +9.3% over the past month.

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

What matters now

  • The price sits above even our optimistic bull case (¥38.98). The favourable scenario is already priced in.
  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

¥91.20 ¥33.31 Fair Value ¥31.18 Aug 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

48‑month range ¥33.31 – ¥91.20 · fair‑value band ¥23.39 – ¥38.98 · the ¥56.81 price screens above the ¥31.18 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

R&G PharmaStudies Co (301333) currently trades at ¥56.81, while our model-based Fair Value estimate is ¥31.18, implying the stock looks roughly 45.1% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Healthcare 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, R&G PharmaStudies Co generated revenue of 896M CNY at a net margin of 14.9%. Revenue grew 26.2% year over year. It earns a return on equity of 7.0%. The stock trades on a trailing P/E of 32.6. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥23.39 (bear case) to ¥38.98 (bull case); at ¥56.81, 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 38% below its 52-week high and 31% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -45%, 301333 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
Growth DCF ¥23.55 ¥31.83 ¥45.11 80
Residual Income ¥16.24 ¥16.96 ¥17.79 76
Rev-Margin DCF ¥24.02 ¥33.30 ¥45.25 74
All 24 models by family
DCF Models
FCF DCF ¥23.66 ¥32.79 ¥48.00 38
Owner Earnings ¥31.02 ¥45.75 ¥70.32 31
5Y Revenue Exit ¥24.02 ¥33.56 ¥46.54 39
5Y EBITDA Exit ¥27.03 ¥39.75 ¥55.75 41
5Y P/E Exit ¥29.98 ¥45.83 ¥64.03 38
10Y Revenue Exit ¥23.36 ¥32.25 ¥45.89 36
10Y EBITDA Exit ¥25.72 ¥36.67 ¥53.40 37
10Y P/E Exit ¥27.64 ¥41.02 ¥60.17 35
Earnings-Based
Graham-Dodd ¥9.64 ¥44.35 ¥60.89 54
Lynch FV ¥11.66 ¥16.66 ¥21.65 50
PEG = 1.0 ¥11.66 ¥16.66 ¥21.65 46
EPV ¥21.71 ¥23.30 ¥24.67 59
Multiples
P/E Multiple ¥23.39 ¥31.18 ¥38.98 63
P/S Multiple ¥18.07 ¥24.10 ¥30.12 58
P/B Multiple ¥18.07 ¥24.10 ¥30.12 55
EV/EBIT ¥29.50 ¥35.44 ¥41.38 53
EV/EBITDA ¥30.22 ¥36.41 ¥42.59 54
EV/Revenue ¥24.40 ¥29.85 ¥35.30 43
Asset-Based
NCAV (Graham) ¥10.19 ¥13.65 ¥20.38 50
Growth DCF
Growth DCF ¥23.55 ¥31.83 ¥45.11 80
Rev-Margin DCF ¥24.02 ¥33.30 ¥45.25 74
Economic Profit
Residual Income ¥16.24 ¥16.96 ¥17.79 76
ROIC Compounder ¥22.31 ¥25.87 ¥30.63 72
Growth Earnings
Growth-Adj P/E ¥19.18 ¥27.40 ¥35.62 68

Widest divergence: DCF Models (¥36.67) versus Asset-Based (¥13.65). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 896M CNY
Revenue growth (YoY) +26.2%
Net margin 14.9%
Return on equity 7.0%
Free cash flow 94.9M CNY FY2025
P/E ratio 32.6
More key figures
Operating margin 12.0%
EPS (TTM) ¥1.40
Dividend yield 0.4%
EPS growth (YoY) -11.1%

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 65 · Market factors (momentum, volatility) 38

Profitability 38
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 40
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

R&G PharmaStudies Co., Ltd. operates as a clinical trial outsourcing service provider in China and internationally. It offers drug clinical research and development integrated services.

Full company description

R&G PharmaStudies Co., Ltd. operates as a clinical trial outsourcing service provider in China and internationally. It offers drug clinical research and development integrated services. The company's services include clinical trial operation, clinical trial site management, biological sample testing, data management and statistical analysis, clinical trial consulting, and clinical pharmacology services. It serves pharmaceutical and medical device companies, and scientific research institutions. The company was founded in 2008 and is headquartered in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

R&G PharmaStudies Co reported revenue of ¥851M in FY2025 versus ¥608M in FY2021, a compound +8.8%/yr. Reported net income was ¥137M in FY2025, compounding +8.4%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
851M CNY
Latest YoY
+14.4%
Avg. growth/yr (3Y)
+10.1%
Avg. growth/yr (5Y)
+11.9%
Avg. growth/yr (6Y)
+12.2%
Revenue +8.8%/yr
FY21 ¥608M
FY22 ¥638M
FY23 ¥721M
FY24 ¥744M
FY25 ¥851M
Net income +8.4%/yr
FY21 ¥99.2M
FY22 ¥113M
FY23 ¥163M
FY24 ¥140M
FY25 ¥137M

301333 screens 45% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "R&G PharmaStudies Co Fair Value". https://www.fairvalue-calculator.com/stock/301333

Peer Group

Biotechnology · 603 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 65 · Top 25%
Fair Value upside −45% · Above median
Return on equity (TTM) 7% · Top 25%
Return on assets 3% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 12% · Above median
Revenue growth 26% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%

Valuation Multiples vs Biotechnology median · lower = cheaper

P/E (TTM) 32.6× · Pricier than median
P/B 2.24× · Pricier than median
P/S (TTM) 4.92× · Pricier than median
P/FCF 6.9× · Pricier than median
EV/EBITDA 25.6× · 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 100 · sector 0
PAST 28 · sector 0
HEALTH 100 · sector 97
DIVIDEND 7 · sector 23

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

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $486.03 $278.78 -43%
Regeneron Pharmaceuticals, Inc REGN $664.45 $594.40 -11%
Samsung Biologics Co 207940 1,368,000 KRW 1,091,384 KRW -20%
Celltrion, Inc 068270 175,800 KRW 76,325 KRW -57%
WuXi Biologics (Cayman) Inc 2269 HK$39.54 HK$30.42 -23%
Innovent Biologics, Inc 1801 HK$86.70 HK$19.66 -77%
Sino Biopharmaceutical Limited 1177 HK$5.26 HK$3.36 -36%
ALTEOGEN Inc 196170 276,500 KRW 44,444 KRW -84%
RemeGen Co 688331 ¥134.02 ¥26.99 -80%
Biocon Limited BIOCON ₹440.70 ₹57.36 -87%

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Frequently asked questions

Is R&G PharmaStudies Co (301333) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥31.18 versus a price of ¥56.81, about −45% (overvalued).
What is the fair value of 301333?
Our model-based fair value for R&G PharmaStudies Co is ¥31.18 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥56.81.
What is the quality score of 301333?
R&G PharmaStudies Co has a Quality Score of 65/100. 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 R&G PharmaStudies Co (301333)?
R&G PharmaStudies Co reported trailing-twelve-month revenue of about 896M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301333?
The net profit margin of R&G PharmaStudies Co is about 14.9%, meaning it keeps roughly 14.9% of revenue as net income. Based on the latest reported figures.
Does R&G PharmaStudies Co pay a dividend?
R&G PharmaStudies Co currently shows a dividend yield of about 0.35% 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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