EN DE

Xinjiang Tianfu Energy Co (600509) Fair Value & Analysis

Utilities · CN · Market cap 10.6B CNY

XT Xinjiang Tianfu Energy Co 600509 · SHG
Price¥7.73
Fair Value¥3.05
Upside-60.5%
Quality36/100
Watch Xinjiang Tianfu Energy Co for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 2.7% net margin
Moderate debt · generates free cash flow
1.09% dividend yield
Trails peers (2/14)
Narrow moat 30/100
Evidence: Medium Range ¥2.26 – ¥3.77 Share as image

Fair value as of: Aug 8, 2026

From 24 valuation models · updated 2 days ago

Fair value updated Aug 8, 2026, revised from ¥3.75 to ¥3.05 (−18.7%) since Jul 11, 2026. Share price +0.3% over the past month.

Below-average quality, and screening another 61% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥3.77). The favourable scenario is already priced in.
  • Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥10.33 ¥4.13 Fair Value ¥3.05 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.

How to read this chart

60‑month range ¥4.13 – ¥10.33 · fair‑value band ¥2.26 – ¥3.77 · the ¥7.73 price screens above the ¥3.05 fair value. Dashed = 300-day average. As of Aug 8, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Xinjiang Tianfu Energy Co (600509) currently trades at ¥7.73, while our model-based Fair Value estimate is ¥3.05, implying the stock looks roughly 60.5% overvalued today. The Quality Score stands at 36/100 (below-average quality), in the Utilities 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, Xinjiang Tianfu Energy Co generated revenue of 8.3B CNY at a net margin of 2.7%. Revenue declined 3.7% year over year. It earns a return on equity of 2.3%. Net debt stands at 8.4B CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥2.26 (bear case) to ¥3.77 (bull case); at ¥7.73, 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 32% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -48% fair-value upside, at -61%, 600509 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 ¥2.30 ¥8.65 80
Residual Income ¥4.00 ¥3.88 ¥3.28 76
Rev-Margin DCF ¥1.10 ¥7.35 ¥15.55 74
All 24 models by family
DCF Models
FCF DCF ¥2.75 ¥9.99 38
Owner Earnings ¥2.67 ¥9.84 31
5Y Revenue Exit ¥1.10 ¥7.62 ¥16.71 39
5Y EBITDA Exit ¥4.82 ¥15.41 ¥29.07 41
5Y P/E Exit ¥0.8400 38
10Y Revenue Exit ¥5.93 ¥15.52 36
10Y EBITDA Exit ¥2.74 ¥11.69 ¥26.03 37
10Y P/E Exit ¥2.03 35
Earnings-Based
Graham-Dodd ¥1.14 ¥5.58 ¥7.68 54
Lynch FV ¥1.50 ¥2.14 ¥2.78 50
PEG = 1.0 ¥1.50 ¥2.14 ¥2.78 46
EPV ¥1.78 ¥3.10 ¥4.24 59
Multiples
P/E Multiple ¥2.26 ¥3.01 ¥3.77 63
P/S Multiple ¥2.13 ¥2.85 ¥3.56 58
P/B Multiple ¥2.13 ¥2.85 ¥3.56 55
EV/EBIT ¥4.24 ¥7.68 ¥11.12 53
EV/EBITDA ¥8.73 ¥13.66 ¥18.60 54
EV/Revenue ¥2.27 ¥5.85 ¥9.42 43
Asset-Based
NCAV (Graham) ¥2.76 ¥3.70 ¥5.52 50
Growth DCF
Growth DCF ¥2.30 ¥8.65 80
Rev-Margin DCF ¥1.10 ¥7.35 ¥15.55 74
Economic Profit
Residual Income ¥4.00 ¥3.88 ¥3.28 76
ROIC Compounder ¥1.78 ¥3.10 ¥4.24 72
Growth Earnings
Growth-Adj P/E ¥2.14 ¥3.05 ¥3.97 68

Widest divergence: DCF Models (¥5.93) versus Earnings-Based (¥2.14). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 8.3B CNY
Revenue growth (YoY) -3.7%
Net margin 2.7%
Return on equity 2.3%
Free cash flow 496M CNY FY2025
P/E ratio 50.8
More key figures
Operating margin 14.2%
EPS (TTM) ¥0.1600
Dividend yield 1.1%
EPS growth (YoY) -3.0%
Net debt 8.4B CNY FY2025

Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 36/100

Of which business quality 37 · Market factors (momentum, volatility) 43

Profitability 18
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 20
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 50
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

Xinjiang Tianfu Energy Co., Ltd. engages in the production and supply of electricity and heat in China. The company is involved in the business of urban water supply, construction and other businesses; power grid integrating generation, supply, and dispatch; transmission and distribution network system, thermal power, photovoltaic power generation, …

Full company description

Xinjiang Tianfu Energy Co., Ltd. engages in the production and supply of electricity and heat in China. The company is involved in the business of urban water supply, construction and other businesses; power grid integrating generation, supply, and dispatch; transmission and distribution network system, thermal power, photovoltaic power generation, hydropower, and other power supply structures. It also owns the centralized heating pipeline network, urban water supply pipeline network, and urban natural gas pipeline network. The company was formerly known as Xinjiang Tianfu Thermoelectric Co., Ltd. and changed its name to Xinjiang Tianfu Energy Co., Ltd. in July 2014. Xinjiang Tianfu Energy Co., Ltd. was founded in 1999 and is headquartered in Shihezi, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Xinjiang Tianfu Energy Co reported revenue of ¥8.4B in FY2025 versus ¥7.1B in FY2021, a compound +4.4%/yr. Reported net income was ¥230M in FY2025.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
8.4B CNY
Latest YoY
−9.6%
Avg. growth/yr (3Y)
+1.0%
Avg. growth/yr (5Y)
+11.4%
Avg. growth/yr (27Y)
+14.1%
Revenue +4.4%/yr
FY21 ¥7.1B
FY22 ¥8.1B
FY23 ¥9.5B
FY24 ¥9.3B
FY25 ¥8.4B
Net income
FY21 −¥44.8M
FY22 −¥199M
FY23 ¥431M
FY24 ¥248M
FY25 ¥230M

600509 screens 61% overvalued. Compare with Iberdrola, S.A →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Xinjiang Tianfu Energy Co Fair Value". https://www.fairvalue-calculator.com/stock/600509

Peer Group

Utilities - Diversified · 51 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 36 · Bottom 25%
Fair Value upside −61% · Bottom 25%
Return on equity (TTM) 2% · Bottom 25%
Return on assets 2% · Bottom 25%
Net margin (TTM) 3% · Bottom 25%
Operating margin (TTM) 14% · Below median
Revenue growth -4% · Below median
Dividend yield (TTM) 1.1% · Bottom 25%
Debt / equity 1.44× · Higher than median

Valuation Multiples vs Utilities - Diversified median · lower = cheaper

P/E (TTM) 48.3× · Pricier than 75% of peers
P/B 1.40× · Cheaper than median
P/S (TTM) 1.28× · Pricier than median
P/FCF 3.2× · Cheaper than median
EV/EBITDA 9.0× · 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 14
FUTURE 0 · sector 0
PAST 9 · sector 33
HEALTH 28 · sector 49
DIVIDEND 22 · sector 80

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 Utilities - Diversified stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Stock Price Fair Value vs Fair Value
Iberdrola, S.A IBE €21.25 €9.34 -56%
Enel SpA ENEL €10.28 €5.83 -43%
Engie SA 1ENGI €26.59 €17.39 -35%
Sempra SRE $93.15 $47.77 -49%
E.ON SE EOAN €19.34 €11.71 -39%
RWE Aktiengesellschaft generates and 1RWE €56.52 €29.64 -48%
ACWA Power Company 2082 198.20 SAR 25.38 SAR -87%
Brookfield Infrastructure Partners L.P. BIPUN C$55.05 C$17.66 -68%
EnBW Energie Baden-Württemberg AG EBK €69.00 €21.11 -69%
EDP, S.A EDP €4.41 €3.81 -14%

Compare Xinjiang Tianfu Energy Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Utilities stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Xinjiang Tianfu Energy Co (600509) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of ¥3.05 versus a price of ¥7.73, about −61% (overvalued).
What is the fair value of 600509?
Our model-based fair value for Xinjiang Tianfu Energy Co is ¥3.05 (as of Aug 8, 2026), built from audited fundamentals. The current price is ¥7.73.
What is the quality score of 600509?
Xinjiang Tianfu Energy Co has a Quality Score of 36/100. 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 Xinjiang Tianfu Energy Co (600509)?
Xinjiang Tianfu Energy Co reported trailing-twelve-month revenue of about 8.3B CNY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of 600509?
The net profit margin of Xinjiang Tianfu Energy Co is about 2.7%, meaning it keeps roughly 2.7% of revenue as net income. Based on the latest reported figures.
Does Xinjiang Tianfu Energy Co pay a dividend?
Xinjiang Tianfu Energy Co currently shows a dividend yield of about 1.05% relative to its recent price (as of Aug 8, 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.

14 days Pro free · no card

Track Xinjiang Tianfu Energy Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.