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Ziel Home Furnishing Technology Co (301376) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 6.4B CNY

ZH Ziel Home Furnishing Technology Co 301376 · SHE
Price¥19.84
Fair Value¥16.52
Upside-16.7%
Quality59/100
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Healthy Growth
Thin margins · 3.4% net margin
Low debt · generates free cash flow
2.52% dividend yield
Mixed vs. peers (8/14)
Narrow moat 40/100
Evidence: High Range ¥11.98 – ¥21.07 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 ¥16.89 to ¥16.52 (−2.2%) since Jun 24, 2026. Share price +3.3% over the past month.

A solid business, but screening 17% overvalued on our models.

What matters now

  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from ¥11.98 (bear) to ¥21.07 (bull), base ¥16.52. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 59/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (3 years)

¥28.03 ¥14.69 Fair Value ¥16.52 Jun 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

38‑month range ¥14.69 – ¥28.03 · fair‑value band ¥11.98 – ¥21.07 · the ¥19.84 price screens above the ¥16.52 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Ziel Home Furnishing Technology Co (301376) currently trades at ¥19.84, while our model-based Fair Value estimate is ¥16.52, implying the stock looks roughly 16.7% overvalued today. The Quality Score stands at 59/100 (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: high).

Over the trailing twelve months, Ziel Home Furnishing Technology Co generated revenue of 8.9B CNY at a net margin of 3.4%. Revenue grew 10.7% year over year. It earns a return on equity of 8.9%. Net debt stands at 669M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥11.98 (bear case) to ¥21.07 (bull case); at ¥19.84, 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 7% below its 52-week high and 31% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -24% fair-value upside, at -17%, 301376 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 ¥74.53 ¥125.24 ¥206.46 80
Residual Income ¥7.25 ¥8.01 ¥11.76 76
Rev-Margin DCF ¥32.22 ¥43.99 ¥59.34 74
All 24 models by family
DCF Models
FCF DCF ¥75.20 ¥131.02 ¥223.94 38
Owner Earnings ¥17.16 ¥28.98 ¥48.66 31
5Y Revenue Exit ¥32.22 ¥43.08 ¥55.81 39
5Y EBITDA Exit ¥34.71 ¥48.19 ¥63.52 41
5Y P/E Exit ¥34.62 ¥48.00 ¥62.14 38
10Y Revenue Exit ¥46.35 ¥61.47 ¥81.14 36
10Y EBITDA Exit ¥48.26 ¥65.12 ¥87.42 37
10Y P/E Exit ¥48.20 ¥64.99 ¥86.30 35
Earnings-Based
Graham-Dodd ¥5.67 ¥25.99 ¥35.67 54
Lynch FV ¥6.82 ¥9.75 ¥12.67 50
PEG = 1.0 ¥6.82 ¥9.75 ¥12.67 46
EPV ¥8.82 ¥9.96 ¥10.95 59
Multiples
P/E Multiple ¥13.77 ¥18.36 ¥22.95 63
P/S Multiple ¥10.64 ¥14.18 ¥17.73 58
P/B Multiple ¥10.64 ¥14.18 ¥17.73 55
EV/EBIT ¥15.20 ¥19.74 ¥24.29 53
EV/EBITDA ¥15.48 ¥20.12 ¥24.76 54
EV/Revenue ¥10.75 ¥14.69 ¥18.63 43
Asset-Based
NCAV (Graham) ¥4.20 ¥5.62 ¥8.39 50
Growth DCF
Growth DCF ¥74.53 ¥125.24 ¥206.46 80
Rev-Margin DCF ¥32.22 ¥43.99 ¥59.34 74
Economic Profit
Residual Income ¥7.25 ¥8.01 ¥11.76 76
ROIC Compounder ¥9.02 ¥11.45 ¥14.51 72
Growth Earnings
Growth-Adj P/E ¥11.25 ¥16.07 ¥20.90 68

Widest divergence: DCF Models (¥48.19) versus Asset-Based (¥5.62). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 8.9B CNY
Revenue growth (YoY) +10.7%
Net margin 3.4%
Return on equity 8.9%
Free cash flow 2.4B CNY FY2025
P/E ratio 21.1
More key figures
Operating margin 6.9%
EPS (TTM) ¥0.7500
Dividend yield 2.5%
EPS growth (YoY) -32.1%
Net debt 669M CNY FY2025

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

Quality Score breakdown

Overall quality 59/100

Of which business quality 64 · Market factors (momentum, volatility) 55

Profitability 58
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 99
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 61
Distance to the 52-week high (market factor)
Net Issuance 62
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

Ziel Home Furnishing Technology Co., Ltd., together with its subsidiaries, engages in the research, design, development, and sale of home furnishing products in China, Europe, North America, Japan, and internationally.

Full company description

Ziel Home Furnishing Technology Co., Ltd., together with its subsidiaries, engages in the research, design, development, and sale of home furnishing products in China, Europe, North America, Japan, and internationally. The company offers home storage and decor, patio and garden supplies, and sports and outdoor gear; furniture products; and pet supply solutions for rest, travel, play, and pet waste management. It sells its products under the SONGMICS HOME, SONGMICS, VASAGLE, and Feandrea brands through e-commerce platforms. The company also engages in supply chain management activities. It exports its products. Ziel Home Furnishing Technology Co., Ltd. was founded in 2007 and is headquartered in Zhengzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ziel Home Furnishing Technology Co reported revenue of ¥8.7B in FY2025 versus ¥6.0B in FY2021, a compound +9.9%/yr. Reported net income was ¥336M in FY2025, compounding +8.8%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
8.7B CNY
Latest YoY
+7.1%
Avg. growth/yr (3Y)
+16.8%
Revenue +9.9%/yr
FY21 ¥6.0B
FY22 ¥5.5B
FY23 ¥6.1B
FY24 ¥8.1B
FY25 ¥8.7B
Net income +8.8%/yr
FY21 ¥240M
FY22 ¥250M
FY23 ¥413M
FY24 ¥334M
FY25 ¥336M

301376 screens 17% overvalued. Compare with Casey's General Stores, Inc →

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Cite: Fair Value Calculator (2026). "Ziel Home Furnishing Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/301376

Peer Group

Specialty Retail · 221 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 59 · Above median
Fair Value upside −17% · Below median
Return on equity (TTM) 9% · Above median
Return on assets 3% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 11% · Above median
Dividend yield (TTM) 2.5% · Below median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Specialty Retail median · lower = cheaper

P/E (TTM) 21.1× · Pricier than median
P/B 1.89× · Pricier than median
P/S (TTM) 0.71× · Pricier than median
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 14.9× · 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 11 · sector 31
FUTURE 54 · sector 23
PAST 35 · sector 27
HEALTH 99 · sector 94
DIVIDEND 50 · sector 51

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

Stock Price Fair Value vs Fair Value
Casey's General Stores, Inc CASY $827.04 $405.44 -51%
Williams-Sonoma, Inc WSM $222.84 $164.16 -26%
Ulta Beauty, Inc ULTA $479.57 $488.39 +2%
DICK'S Sporting Goods, Inc DKS $208.89 $181.10 -13%
Best Buy Co BBY $83.98 $109.12 +30%
China Tourism Group 601888 ¥52.90 ¥40.40 -24%
Tractor Supply Company TSCO $31.01 $35.52 +15%
Murphy USA Inc MUSA $618.57 $423.35 -32%
Five Below, Inc FIVE $197.71 $117.29 -41%
Taiwan Mobile Co 3045 110.50 TWD 80.98 TWD -27%

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Frequently asked questions

Is Ziel Home Furnishing Technology Co (301376) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥16.52 versus a price of ¥19.84, about −17% (overvalued).
What is the fair value of 301376?
Our model-based fair value for Ziel Home Furnishing Technology Co is ¥16.52 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥19.84.
What is the quality score of 301376?
Ziel Home Furnishing Technology Co has a Quality Score of 59/100. 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 Ziel Home Furnishing Technology Co (301376)?
Ziel Home Furnishing Technology Co reported trailing-twelve-month revenue of about 8.9B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301376?
The net profit margin of Ziel Home Furnishing Technology Co is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. Based on the latest reported figures.
Does Ziel Home Furnishing Technology Co pay a dividend?
Ziel Home Furnishing Technology Co currently shows a dividend yield of about 2.52% 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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