Nanjing Iron & Steel Co Ltd (600282) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Nanjing Iron & Steel Co Ltd stock ¥5.65, price ¥4.32, upside +30.7%, quality 51 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range ¥2.54 – ¥5.98 · fair‑value band ¥3.50 – ¥7.97 · the ¥4.32 price screens below the ¥5.65 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 3, 2026.
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Nanjing Iron & Steel Co., Ltd. produces and sells steel and related products in China and internationally.
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It offers corrosion-resistant and steel materials, which are used in oil and gas equipment, new energy, shipbuilding, marine engineering, automobile bearings and springs, engineering machinery and rail transit, bridges, bearings and springs, engineering machinery and rail transit, bridges, and buildings.
The company was founded in 1999 and is headquartered in Nanjing, China. Nanjing Iron & Steel Co., Ltd. operates as a subsidiary of Nanjing Nangang Iron & Steel United Co. Ltd.
Stock analysis
Nanjing Iron & Steel Co Ltd (600282) currently trades at ¥4.32, while our model-based Fair Value estimate is ¥5.65, implying the stock looks roughly 23% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ¥7.49 per share, and 17 of the 26 models we run sit above the ¥4.32 price.
Bear case: the Asset-Based group reads lowest at ¥2.53, and 9 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥3.50 (bear) to ¥7.97 (bull), the price of ¥4.32 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Nanjing Iron & Steel Co Ltd reported revenue of 57.9B CNY in FY2025 versus 76.6B CNY in FY2021, a compound −6.7%/yr. Reported net income was 2.9B CNY in FY2025, compounding −9.1%/yr from FY2021.
Key figures
Market cap 26.6B CNY (≈ $4.0B) Mid · P/E ratio 10.0 · P/S ratio 0.44 · EPS (TTM) ¥0.4300 · Dividend yield 5.6% · Net margin 4.5% · Return on equity 9.3% · Return on assets (EBIT) 4.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 28% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at 31%, 600282 screens cheaper than that median.
Fair Value models
Bear¥3.50Fair Value ¥5.65Bull¥7.97
Price ¥4.32 · Upside +30.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.1590 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF¥3.60¥5.71¥9.1179
Growth DCF¥3.61¥5.65¥8.8877
Residual Income¥3.99¥4.45¥5.6776
All 26 models by family
DCF Models
FCF DCF¥3.60¥5.71¥9.1179
Owner Earnings¥1.92¥2.93¥4.5575
5Y Revenue Exit¥4.47¥7.49¥11.5171
5Y EBITDA Exit¥5.73¥9.96¥15.1174
5Y P/E Exit¥5.03¥8.60¥12.5170
10Y Revenue Exit¥3.98¥6.70¥10.6665
10Y EBITDA Exit¥4.94¥8.45¥13.5267
10Y P/E Exit¥4.49¥7.48¥11.4663
Earnings-Based
Graham-Dodd¥3.16¥12.10¥16.3964
Lynch FV¥2.95¥4.21¥5.4761
PEG = 1.0¥2.95¥4.21¥5.4757
EPV¥4.28¥4.91¥5.4774
Dividend Discount
Gordon GGM¥1.85¥3.81¥5.9866
DDM Multi-Stage¥1.85¥3.23¥4.0167
Multiples
P/E Multiple¥5.93¥7.91¥9.8863
P/S Multiple¥5.93¥7.91¥9.8858
P/B Multiple¥3.19¥4.25¥5.3255
EV/EBIT¥2.14¥3.93¥5.7263
EV/EBITDA¥3.86¥6.23¥8.5966
EV/Revenue¥1.43¥3.42¥5.4250
Asset-Based
NCAV (Graham)¥1.89¥2.53¥3.7854
Growth DCF
Growth DCF¥3.61¥5.65¥8.8877
Rev-Margin DCF¥4.47¥7.43¥11.0272
Economic Profit
Residual Income¥3.99¥4.45¥5.6776
ROIC Compounder¥4.28¥5.28¥6.8672
Growth Earnings
Growth-Adj P/E¥4.74¥6.77¥8.8067
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+1.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−4.6%
Dividend (yield on the price)5.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−4.6% vs 18.9%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 5%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+18.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +16.8% a year for the price.
Compare Nanjing Iron & Steel Co Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Steel · 410 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside+30.7% · Above median
Profitability
Return on equity (12 months)9.3% · Above median
Return on assets4.1% · Above median
Net margin (12 months)4.5% · Above median
Operating margin (12 months)5.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)14.6% · Above median
Dividend yield (12 months)5.6% · Top 25%
Balance sheet
Debt / equity0.14× · Above median
Valuation Multiplesvs Steel median · lower = cheaper
P/E (12 months)10.0× · Cheaper than median
P/B0.96× · Cheaper than median
P/S (12 months)0.44× · Cheaper than median
Price / free cash flow (fiscal year)24.8× · Pricier than median
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). "Nanjing Iron & Steel Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600282
Frequently asked questions
Is Nanjing Iron & Steel Co Ltd (600282) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of ¥5.65 versus a price of ¥4.32, about +31% upside (undervalued).
What is the fair value of 600282?
Our model-based fair value for Nanjing Iron & Steel Co Ltd is ¥5.65 (as of Nov 3, 2026), built from audited fundamentals. The current price: ¥4.32.
What is the quality score of 600282?
Nanjing Iron & Steel Co Ltd has a Quality Score of 51/100. 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 price target for Nanjing Iron & Steel Co Ltd (600282)?
Our model-based price target is the fair value of ¥5.65 (as of Nov 3, 2026) from 26 valuation models. Cautious scenario ¥3.50, optimistic scenario ¥7.97. It is a calculation from audited fundamentals, not an analyst target.
What is the Nanjing Iron & Steel Co Ltd stock forecast for 2026?
Our models put fair value at ¥5.65, about +31% upside versus a price of ¥4.32 (undervalued). Cautious scenario ¥3.50, optimistic scenario ¥7.97. The calculation is refreshed regularly with new filings.
What is the revenue of Nanjing Iron & Steel Co Ltd (600282)?
Nanjing Iron & Steel Co Ltd reported trailing-twelve-month revenue of about 60.2B CNY (latest available figure, as of Nov 3, 2026).
Does Nanjing Iron & Steel Co Ltd pay a dividend?
Nanjing Iron & Steel Co Ltd currently shows a dividend yield of 5.65% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Nanjing Iron & Steel Co Ltd (600282) and when is the ex-dividend date?
Nanjing Iron & Steel Co Ltd pays a dividend of ¥0.244 per share a year, a dividend yield of 5.6%. The last ex-dividend date was Sep 16, 2026. The payout ratio is 56.7% of earnings. Free cash flow covers the dividend 0.71 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Nanjing Iron & Steel Co Ltd (600282)?
For today's price to be fair in a discounted-cash-flow model, Nanjing Iron & Steel Co Ltd would have to grow free cash flow by +18.7 % per year for five years (discount rate 9.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +1.7 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 600282 use?
Our models discount Nanjing Iron & Steel Co Ltd at 9.1 %: a base by market capitalisation (mid), damped by beta 0.31, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Nanjing Iron & Steel Co Ltd that is +18.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.1 %) and the same formula as our fair value.
How much growth has Nanjing Iron & Steel Co Ltd (600282) delivered so far?
Over the past 5 years revenue at Nanjing Iron & Steel Co Ltd grew +1.7 % a year. The price currently implies free-cash-flow growth of +18.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Nanjing Iron & Steel Co Ltd (600282) growing?
The median revenue growth in the sector is +9.7 % a year. That is the yardstick for the growth priced into Nanjing Iron & Steel Co Ltd (+18.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Nanjing Iron & Steel Co Ltd (600282)?
The free-cash-flow yield on the price is 4.04 %: that much free cash flow Nanjing Iron & Steel Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Nanjing Iron & Steel Co Ltd (600282)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nanjing Iron & Steel Co Ltd it is ¥5.65 per share (as of Nov 3, 2026), against a price of ¥4.32. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Nanjing Iron & Steel Co Ltd stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 600282 trades below its calculated fair value: price ¥4.32, fair value ¥5.65, a gap of about +31% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 600282?
No. The price is what the market pays today (¥4.32); the fair value is what the company's own numbers justify (¥5.65). For Nanjing Iron & Steel Co Ltd the two are ¥1.33 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nanjing Iron & Steel Co Ltd worth?
The market values Nanjing Iron & Steel Co Ltd at about 26.6B CNY (market capitalisation, as of Nov 3, 2026). Per share that is ¥4.32; our models calculate a fair value of ¥5.65 per share.
What do the bullish and bearish scenarios say about 600282?
Our models span a range for Nanjing Iron & Steel Co Ltd: cautious scenario ¥3.50, base ¥5.65, optimistic ¥7.97 per share (as of Nov 3, 2026, price ¥4.32). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600282?
Nanjing Iron & Steel Co Ltd trades at a price-to-earnings ratio of 10.0 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥5.65 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 7.6. Other multiples: P/B 1.0, P/S 0.4, EV/EBITDA 4.0.
How solid is the balance sheet of Nanjing Iron & Steel Co Ltd (600282)?
Balance-sheet figures for Nanjing Iron & Steel Co Ltd (as of Nov 3, 2026): return on equity 9.3%, debt of 0.14 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 600282 from its 52-week high?
Nanjing Iron & Steel Co Ltd trades at ¥4.32, about 28% below its 52-week high of ¥5.98 and 3% above the low of ¥4.19 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥5.65 is for.
Which stocks are comparable to Nanjing Iron & Steel Co Ltd?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Nanjing Iron & Steel Co Ltd stock attractive at the current price?
The data as of Nov 3, 2026: price ¥4.32, calculated fair value ¥5.65 (+31%), Quality Score 51/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 600282 calculated?
We run Nanjing Iron & Steel Co Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥5.65 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Nanjing Iron & Steel Co Ltd currently trades 23% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Nanjing Iron & Steel Co Ltd (600282)?
The closing price on Nov 6, 2026 was ¥4.32. Our model-based fair value is ¥5.65, about +31% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nanjing Iron & Steel Co Ltd right now?
The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (¥3.50 to ¥7.97) leaves room in how you read the outcome.
Where does the earnings growth of Nanjing Iron & Steel Co Ltd (600282) come from?
Earnings per share at Nanjing Iron & Steel Co Ltd grew +18.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +5.1 %, EBIT margin +17.2 %, tax rate +0.8 %, residual (interest, one-offs) −4.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Nanjing Iron & Steel Co Ltd
How large is the market capitalisation of Nanjing Iron & Steel Co Ltd (600282)?
The market capitalisation of Nanjing Iron & Steel Co Ltd is 26.6B CNY (≈ $4.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Nanjing Iron & Steel Co Ltd (600282)?
The price-to-sales ratio of Nanjing Iron & Steel Co Ltd is 0.44 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Nanjing Iron & Steel Co Ltd (600282)?
Earnings per share at Nanjing Iron & Steel Co Ltd are ¥0.4300 (price ÷ EPS = P/E 10.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Nanjing Iron & Steel Co Ltd (600282)?
The dividend yield of Nanjing Iron & Steel Co Ltd is 5.6% (payout 56.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Nanjing Iron & Steel Co Ltd (600282)?
The net margin of Nanjing Iron & Steel Co Ltd is 4.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Nanjing Iron & Steel Co Ltd (600282)?
The return on equity (ROE) of Nanjing Iron & Steel Co Ltd is 9.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Nanjing Iron & Steel Co Ltd (600282)?
On an EBIT basis the return on assets of Nanjing Iron & Steel Co Ltd is 4.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Nanjing Iron & Steel Co Ltd (600282)?
The operating margin of Nanjing Iron & Steel Co Ltd is 5.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Nanjing Iron & Steel Co Ltd (600282)?
Revenue at Nanjing Iron & Steel Co Ltd is growing +14.6% versus a year earlier (3y avg −6.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Nanjing Iron & Steel Co Ltd (600282)?
Earnings per share at Nanjing Iron & Steel Co Ltd are growing −18.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Nanjing Iron & Steel Co Ltd (600282) carry?
The net debt of Nanjing Iron & Steel Co Ltd is 19.9B CNY (fiscal year 2025, ≈ 18.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 3, 2026