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Zhejiang Tianzhen Technology Co (301356) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 5.0B CNY

ZT Zhejiang Tianzhen Technology Co 301356 · SHE
Price¥19.59
Fair Value¥9.28
Upside-52.6%
Quality67/100
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Weak Growth
Thin margins · 6.4% net margin
Low debt · negative free cash flow
Trails peers (4/12)
Narrow moat 36/100
Evidence: Medium Range ¥9.28 – ¥10.73 Share as image

Fair value as of: Jul 9, 2026

From 14 valuation models · updated 32 days ago

Share price −26.0% over the past month.

A solid business, but screening 53% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥10.73). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

¥29.55 ¥11.28 Fair Value ¥9.28 Nov 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

45‑month range ¥11.28 – ¥29.55 · fair‑value band ¥9.28 – ¥10.73 · the ¥19.59 price screens above the ¥9.28 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Zhejiang Tianzhen Technology Co (301356) currently trades at ¥19.59, while our model-based Fair Value estimate is ¥9.28, implying the stock looks roughly 52.6% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, Zhejiang Tianzhen Technology Co generated revenue of 1.5B CNY at a net margin of 6.4%. Revenue declined 14.4% year over year. It earns a return on equity of 3.2%. The stock trades on a trailing P/E of 53.0. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥9.28 (bear case) to ¥10.73 (bull case); at ¥19.59, 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 30% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at -53%, 301356 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 ¥9.83 ¥9.43 ¥7.70 76
ROIC Compounder ¥5.33 ¥5.83 ¥6.27 72
Growth-Adj P/E ¥12.68 ¥18.12 ¥23.56 68
All 14 models by family
Earnings-Based
Graham-Dodd ¥2.65 ¥18.50 ¥25.96 54
Lynch FV ¥9.56 ¥13.65 ¥17.75 50
PEG = 1.0 ¥9.56 ¥13.65 ¥17.75 46
EPV ¥5.33 ¥5.83 ¥6.27 59
Multiples
P/E Multiple ¥6.44 ¥8.58 ¥10.73 63
P/S Multiple ¥4.97 ¥6.63 ¥8.29 58
P/B Multiple ¥4.97 ¥6.63 ¥8.29 55
EV/EBIT ¥8.14 ¥10.14 ¥12.14 53
EV/EBITDA ¥10.07 ¥12.71 ¥15.36 54
EV/Revenue ¥6.18 ¥7.92 ¥9.65 43
Asset-Based
NCAV (Graham) ¥6.93 ¥9.29 ¥13.87 50
Economic Profit
Residual Income ¥9.83 ¥9.43 ¥7.70 76
ROIC Compounder ¥5.33 ¥5.83 ¥6.27 72
Growth Earnings
Growth-Adj P/E ¥12.68 ¥18.12 ¥23.56 68

Widest divergence: Growth Earnings (¥18.12) versus Economic Profit (¥5.83). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.5B CNY
Revenue growth (YoY) -14.4%
Net margin 6.4%
Return on equity 3.2%
Free cash flow −18.2M CNY FY2025
P/E ratio 53.0
More key figures
Operating margin 10.2%
EPS (TTM) ¥0.4400
EPS growth (YoY) +38.5%

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 65 · Market factors (momentum, volatility) 37

Profitability 26
Margins and returns on capital today
Quality Growth 97
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 35
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

Zhejiang Tianzhen Technology Co., Ltd. manufactures and sells floor coverings and decorative materials. The company offers WPV, LVT, and SPC flooring and wallboard. It sells its products in the United States, Europe, Canada, Korea, Japan, Australia, and internationally. The company was founded in 2003 and is headquartered in Anji County, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Tianzhen Technology Co reported revenue of ¥1.5B in FY2025 versus ¥3.2B in FY2021, a compound −16.5%/yr. Reported net income was ¥84.2M in FY2025, compounding −25.9%/yr from FY2021.

Growth Quality 12/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.5B CNY
Latest YoY
+73.5%
Avg. growth/yr (3Y)
−19.5%
Avg. growth/yr (5Y)
−7.2%
Revenue −16.5%/yr
FY21 ¥3.2B
FY22 ¥3.0B
FY23 ¥312M
FY24 ¥892M
FY25 ¥1.5B
Net income −25.9%/yr
FY21 ¥279M
FY22 ¥379M
FY23 −¥267M
FY24 −¥37.2M
FY25 ¥84.2M

301356 screens 53% overvalued. Compare with Midea Group →

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Cite: Fair Value Calculator (2026). "Zhejiang Tianzhen Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/301356

Peer Group

Furnishings, Fixtures & Appliances · 311 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 67 · Top 25%
Fair Value upside −53% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 10% · Top 25%
Revenue growth -14% · Bottom 25%

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 53.0× · Pricier than 75% of peers
P/B 1.68× · Pricier than median
P/S (TTM) 3.39× · Pricier than 75% of peers
EV/EBITDA 26.0× · 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 26
FUTURE 0 · sector 0
PAST 13 · sector 19
HEALTH 100 · sector 98
DIVIDEND 0 · sector 55

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%
Ecovacs Robotics Co 603486 ¥50.13 ¥54.11 +8%

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Frequently asked questions

Is Zhejiang Tianzhen Technology Co (301356) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥9.28 versus a price of ¥19.59, about −53% (overvalued).
What is the fair value of 301356?
Our model-based fair value for Zhejiang Tianzhen Technology Co is ¥9.28 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥19.59.
What is the quality score of 301356?
Zhejiang Tianzhen Technology Co has a Quality Score of 67/100. 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 Zhejiang Tianzhen Technology Co (301356)?
Zhejiang Tianzhen Technology Co reported trailing-twelve-month revenue of about 1.5B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301356?
The net profit margin of Zhejiang Tianzhen Technology Co is about 6.4%, meaning it keeps roughly 6.4% of revenue as net income. Based on the latest reported figures.

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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