Korla Pear (600506) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Korla Pear stock ¥4.85, price ¥17.37, upside -72.1%, quality 48 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 27, 2026.
How to read this chart
60‑month range ¥6.95 – ¥34.43 · fair‑value band ¥2.86 – ¥6.90 · the ¥17.37 price screens above the ¥4.85 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Oct 27, 2026.
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Tongyi Carbon Neutral Technology (Xinjiang) Co., Ltd engages in the research and development, production, and sale of lubricants in China.
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Its products include gasoline and diesel engine oil, transmission oil, gear oil, motorcycle oil, and special oil for construction and agricultural machinery; and coolants and special lubricants in the new energy industry.
The company manufactures petroleum products; sells specialty chemical products; offers technical services, development, consulting, exchange, as well as technology transfer and promotion services; and research's and develops carbon emission reduction, conversion, capture, and storage technologies, as well as develops new material technologies.
It is also involved in conference and exhibition activities; information consulting business; investment and supply chain management operations; internet sales; industrial internet data business; data processing and storage support business; artificial intelligence industry application system integration business; information system integration business; and new material technology promotion business.
In addition, the company provides environmental protection consulting services; sales and purchasing agency services; advertising services; corporate management consulting services; edible agricultural products retail sales services; edible agricultural products wholesale; fruit planting; nut planting; cotton purchase; cotton and linen; land use rights leasing; and land consolidation services.
Further, it offers general cargo warehousing services; non-residential real estate leasing; and leasing services. The company was formerly known as Xinjiang Korla Pear Co.,Ltd. The company was incorporated in 1999 and is headquartered in Korla, China.
Stock analysis
Korla Pear (600506) currently trades at ¥17.37, while our model-based Fair Value estimate is ¥4.85, 72.1% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ¥12.02 per share, and 3 of the 24 models we run sit above the ¥17.37 price.
Bear case: the Dividend Discount group reads lowest at ¥1.16, and 21 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥2.86 (bear) to ¥6.90 (bull), the price of ¥17.37 sits above 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 48/100 (below-average quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Korla Pear reported revenue of 2.4B CNY in FY2025 versus 350M CNY in FY2021, a compound +62.1%/yr. Reported net income was 13.1M CNY in FY2025.
Key figures
Market cap 4.3B CNY (≈ $652M) Small · P/E ratio 86.9 · P/S ratio 1.58 · EPS (TTM) ¥0.2000 · Dividend yield 0.2% · Net margin 1.7% · Return on equity 7.7% · Return on assets (EBIT) −1.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).
What moves the price
The share trades about 50% below its 52-week high and 31% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −23% fair-value upside, at −72%, 600506 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (¥0.8900 to ¥24.41). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear¥2.86Fair Value ¥4.85Bull¥6.90
Price ¥17.37 · Upside -72.1%
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 (¥0.1431 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¥15.51¥22.28¥42.2977
Growth DCF¥14.52¥24.41¥39.8876
Residual Income¥1.20¥1.16¥1.1576
All 24 models by family
DCF Models
FCF DCF¥15.51¥22.28¥42.2977
Owner Earnings¥1.39¥2.90¥5.6172
5Y Revenue Exit¥7.19¥10.19¥16.2672
5Y EBITDA Exit¥8.10¥12.02¥19.6174
5Y P/E Exit¥5.70¥8.45¥11.4571
10Y Revenue Exit¥10.03¥16.78¥19.5168
10Y EBITDA Exit¥10.72¥18.51¥30.4466
10Y P/E Exit¥9.17¥13.93¥20.1663
Earnings-Based
Graham-Dodd¥0.3600¥2.48¥3.4963
Lynch FV¥1.28¥1.83¥2.3861
PEG = 1.0¥1.28¥1.83¥2.3857
EPV¥2.00¥2.27¥2.4974
Dividend Discount
Gordon GGM¥0.7200¥1.25¥1.6868
DDM Multi-Stage¥0.7200¥1.16¥1.3467
Multiples
P/E Multiple¥0.8300¥1.10¥1.3863
P/S Multiple¥0.6700¥0.8900¥1.1158
EV/EBIT¥2.77¥4.10¥5.4265
EV/EBITDA¥3.18¥4.65¥6.1167
EV/Revenue¥1.63¥2.85¥4.0652
Growth DCF
Growth DCF¥14.52¥24.41¥39.8876
Rev-Margin DCF¥7.81¥11.69¥19.9871
Economic Profit
Residual Income¥1.20¥1.16¥1.1576
ROIC Compounder¥2.22¥2.94¥3.5272
Growth Earnings
Growth-Adj P/E¥1.68¥2.39¥3.1167
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+82.7%
Start year 2020 (pandemic). Over 10 years: +46.0% a year
Revenue growth 27 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+21.3%
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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.
+12.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.8%
Dividend (yield on the price)0.2%
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.11.8% vs 8.6%, picking up
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.9% → 3%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less 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).
+10.2%
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 +8.4% a year for the price.
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.Farm Products · 280 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside−73.5% · Bottom 25%
Profitability
Return on equity (12 months)7.7% · Above median
Return on assets0.7% · Below median
Net margin (12 months)1.7% · Below median
Operating margin (12 months)1.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)60.2% · Top 25%
Dividend yield (12 months)0.2% · Bottom 25%
Balance sheet
Debt / equity0.29× · Above median
Valuation Multiplesvs Farm Products median · lower = cheaper
P/E (12 months)86.9× · Priciest 25%
P/B10.30× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)1.58× · Pricier than median
Price / free cash flow16.5× · Pricier than median
EV/EBITDA29.9× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 31
FUTURE (revenue growth)100· sector 17
PAST (return on equity)31· sector 19
HEALTH (low debt)86· sector 94
DIVIDEND (yield)3· sector 44
VALUE 0: the price sits above our fair-value range.
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). "Korla Pear Fair Value". https://www.fairvalue-calculator.com/stock/600506
Frequently asked questions
Is Korla Pear (600506) overvalued or undervalued?
As of Oct 27, 2026, our model estimates a fair value of ¥4.85 versus a price of ¥17.37, about −72% upside (overvalued).
What is the fair value of 600506?
Our model-based fair value for Korla Pear is ¥4.85 (as of Oct 27, 2026), built from audited fundamentals. The current price: ¥17.37.
What is the quality score of 600506?
Korla Pear has a Quality Score of 48/100. 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 Korla Pear (600506)?
Our model-based price target is the fair value of ¥4.85 (as of Oct 27, 2026) from 24 valuation models. Cautious scenario ¥2.86, optimistic scenario ¥6.90. It is a calculation from audited fundamentals, not an analyst target.
What is the Korla Pear stock forecast for 2026?
Our models put fair value at ¥4.85, about −72% upside versus a price of ¥17.37 (overvalued). Cautious scenario ¥2.86, optimistic scenario ¥6.90. The calculation is refreshed regularly with new filings.
What is the revenue of Korla Pear (600506)?
Korla Pear reported trailing-twelve-month revenue of about 2.9B CNY (latest available figure, as of Oct 27, 2026).
Does Korla Pear pay a dividend?
Korla Pear currently shows a dividend yield of 0.16% relative to its recent price (as of Oct 27, 2026).
What growth is priced into Korla Pear (600506)?
For today's price to be fair in a discounted-cash-flow model, Korla Pear would have to grow free cash flow by +10.2 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +82.7 % per year. As of Oct 27, 2026.
What discount rate (WACC) does the fair value of 600506 use?
Our models discount Korla Pear at 11.6 %: a base by market capitalisation (small), damped by beta 0.90, 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 Korla Pear that is +10.2 % per year a year over ten years, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Korla Pear (600506) delivered so far?
Over the past 5 years revenue at Korla Pear grew +82.7 % a year. The price currently implies +10.2 % per year free-cash-flow growth a 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 Korla Pear (600506) growing?
The median revenue growth in the sector is +3.2 % a year. That is the yardstick for the growth priced into Korla Pear (+10.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Korla Pear (600506)?
The free-cash-flow yield on the price is 6.40 %: that much free cash flow Korla Pear produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Korla Pear (600506)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Korla Pear it is ¥4.85 per share (as of Oct 27, 2026), against a price of ¥17.37. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Korla Pear stock overvalued or undervalued in 2026?
As of Oct 27, 2026, 600506 trades above its calculated fair value: price ¥17.37, fair value ¥4.85, a gap of about −72% (overvalued). 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 600506?
No. The price is what the market pays today (¥17.37); the fair value is what the company's own numbers justify (¥4.85). For Korla Pear the two are ¥12.53 per share apart. That gap is exactly why we show both numbers side by side.
How much is Korla Pear worth?
The market values Korla Pear at about 4.3B CNY (market capitalisation, as of Oct 27, 2026). Per share that is ¥17.37; our models calculate a fair value of ¥4.85 per share.
What do the bullish and bearish scenarios say about 600506?
Our models span a range for Korla Pear: cautious scenario ¥2.86, base ¥4.85, optimistic ¥6.90 per share (as of Oct 27, 2026, price ¥17.37). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600506?
Korla Pear trades at a price-to-earnings ratio of 86.9 (as of Oct 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥4.85 is built from several models across several years. Other multiples: P/B 10.3, P/S 1.6, EV/EBITDA 29.9.
How solid is the balance sheet of Korla Pear (600506)?
Balance-sheet figures for Korla Pear (as of Oct 27, 2026): return on equity 7.7%, debt of 0.29 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is 600506 from its 52-week high?
Korla Pear trades at ¥17.37, about 50% below its 52-week high of ¥34.43 and 31% above the low of ¥13.28 (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of ¥4.85 is for.
Which stocks are comparable to Korla Pear?
From the same area (Consumer Defensive) we also value Archer-Daniels-Midland Company, Muyuan Foods Group, Bunge Global SA, Tyson Foods, Inc, 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 Korla Pear stock attractive at the current price?
The data as of Oct 27, 2026: price ¥17.37, calculated fair value ¥4.85 (−72%), Quality Score 48/100, from 24 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 600506 calculated?
We run Korla Pear through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥4.85, 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 13.4 % above its aggregate fair value. Korla Pear itself currently trades above fair value. 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 Korla Pear (600506)?
The closing price on Oct 29, 2026 was ¥17.37. Our model-based fair value is ¥4.85, about −72% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Korla Pear right now?
The price sits above even our optimistic bull case (¥6.90). The favourable scenario is already priced in. Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (¥2.86 to ¥6.90) leaves room in how you read the outcome.
Key figures of Korla Pear
How large is the market capitalisation of Korla Pear (600506)?
The market capitalisation of Korla Pear is 4.3B CNY (≈ $652M). 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 Korla Pear (600506)?
The price-to-sales ratio of Korla Pear is 1.58 (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 Korla Pear (600506)?
Earnings per share at Korla Pear are ¥0.2000 (price ÷ EPS = P/E 86.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Korla Pear (600506)?
The dividend yield of Korla Pear is 0.2% (payout 13.5%). 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 Korla Pear (600506)?
The net margin of Korla Pear is 1.7% (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 Korla Pear (600506)?
The return on equity (ROE) of Korla Pear is 7.7% (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 Korla Pear (600506)?
On an EBIT basis the return on assets of Korla Pear is −1.4% (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 Korla Pear (600506)?
The operating margin of Korla Pear is 1.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Korla Pear (600506)?
Revenue at Korla Pear is growing +60.2% versus a year earlier (3y avg +6.2%). 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 Korla Pear (600506)?
Earnings per share at Korla Pear are growing +52.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Korla Pear (600506) carry?
The net debt of Korla Pear is 302M CNY (fiscal year 2025, ≈ 1.1 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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Some data
Oct 27, 2026