Metro Land Corporation (600683) Fair Value & Analysis
Real Estate · CN · Market cap 6.5B CNY
Fair value as of: Aug 9, 2026
From 3 valuation models · updated yesterday
Fair value updated Aug 9, 2026, revised from ¥19.50 to ¥22.08 (+13.2%) since Jul 25, 2026. Share price −14.6% over the past month.
Below-average quality, screening 150% undervalued on our models.
What matters now
- The large discount to fair value meets weak quality (31/100). That raises the risk this is a value trap rather than a bargain.
- The price is below even our cautious bear case (¥11.84). The market is more pessimistic than our downside scenario.
- The model range is unusually wide (¥11.84 to ¥32.59). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.
How to read this chart
60‑month range ¥3.22 – ¥20.85 · fair‑value band ¥11.84 – ¥32.59 · the ¥8.83 price screens below the ¥22.08 fair value. Dashed = 300-day average. As of Aug 9, 2026.
Analysis
Metro Land Corporation (600683) currently trades at ¥8.83, while our model-based Fair Value estimate is ¥22.08, implying the stock looks roughly 150.1% undervalued today. The Quality Score stands at 31/100 (below-average quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.
Over the trailing twelve months, Metro Land Corporation generated revenue of 6.3B CNY at a net margin of -19.0%. Revenue grew 226.5% year over year. It earns a return on equity of -26.6%. Net debt stands at 31.3B CNY. Fundamentals as of Aug 9, 2026
Our scenario range runs from ¥11.84 (bear case) to ¥32.59 (bull case); at ¥8.83, the current price sits below 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 60% below its 52-week high and 141% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 150%, 600683 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.
All 3 models by family
Widest divergence: Dividend Discount (¥44.74) versus Asset-Based (¥5.81). Highest evidence: Gordon GGM (70).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 31 · Market factors (momentum, volatility) 57
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
Metro Land Corporation Ltd. engages in the real estate development, operation, and leasing in China. It develops and operates self-owned, track, and rail properties and complexes, bungalows, villas, commercial, residential, office, and supporting facilities, housing, hotel, business, and regional development projects.
Full company description
Metro Land Corporation Ltd. engages in the real estate development, operation, and leasing in China. It develops and operates self-owned, track, and rail properties and complexes, bungalows, villas, commercial, residential, office, and supporting facilities, housing, hotel, business, and regional development projects. The company was founded in 1992 and is based in Beijing, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2020 – FY2024 · reported fiscal years
Metro Land Corporation reported revenue of ¥1.4B in FY2024 versus ¥8.9B in FY2020, a compound −36.8%/yr. Reported net income was −¥1.1B in FY2024.
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Peer Group
Real Estate - Development · 588 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.
Valuation Multiples vs Real Estate - Development median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 9, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| DLF Limited DLF | ₹657.75 | ₹159.49 | -76% |
| Lodha Developers Limited LODHA | ₹1,188 | ₹583.43 | -51% |
| PT Pantai Indah Kapuk Dua Tbk, PANI | 6,125 IDR | 1,330 IDR | -78% |
| Oberoi Realty Limited OBEROIRLTY | ₹1,925 | ₹1,183 | -39% |
| Godrej Properties Limited GODREJPROP | ₹2,102 | ₹1,044 | -50% |
| PT Jaya Real Property, Tbk., JRPT | 1,080 IDR | 1,674 IDR | +55% |
| PT Bumi Serpong Damai Tbk, BSDE | 555.00 IDR | 1,388 IDR | +150% |
| PT Sentul City Tbk, BKSL | 64.00 IDR | 84.16 IDR | +32% |
| PT Ciputra Development Tbk, CTRA | 555.00 IDR | 1,388 IDR | +150% |
| PT Duta Pertiwi Tbk DUTI | 4,100 IDR | 6,239 IDR | +52% |
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Frequently asked questions
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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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