DLG Exhibitions & Events Corp Ltd (600826) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of DLG Exhibitions & Events Corp Ltd ¥7.12, price ¥7.94, upside -10.3%, quality 57 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch DLG Exhibitions & Events Corp Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range ¥4.62 – ¥15.29 · fair‑value band ¥5.65 – ¥8.60 · the ¥7.94 price screens above the ¥7.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Follow DLG Exhibitions & Events Corp in your weekly email
Every Wednesday you see whether DLG Exhibitions & Events Corp is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Dlg Exhibitions & Events Corporation Limited, together with its subsidiaries, provides conference and exhibition services in China. The company offers sports event and marketing planning; cultural venue management services; technical services; and technology development, consulting, exchange, transfer, and promotion services.
Show more
Dlg Exhibitions & Events Corporation Limited, together with its subsidiaries, provides conference and exhibition services in China. The company offers sports event and marketing planning; cultural venue management services; technical services; and technology development, consulting, exchange, transfer, and promotion services. It also provides advertising design, production, and publishing services, as well as advertising agency services; project planning and public relations services; enterprise management consulting; business agency services; and digital cultural and creative content application services. In addition, the company is involved in organizing cultural and artistic exchange activities, as well as trade shows, expos, forums, road race events, and conferences; graphic design and production; sports event planning; advertising production, publishing, and design and agency; non-residential real estate leasing; investment activities; asset management; and sale of first-class and second-class medical devices. Further, it provides exhibition organization, display, and construction; venue operation; technical consulting; online meetings, exhibitions, marketing, and live-streaming services; digital event management and targeted marketing; logistics and transportation; MICE and other exhibition support services; trade brokerage and agency, import and export of goods and technologies, and business services, as well as non-residential real estate leasing. The company serves governments, corporations, group customers, professional associations, and big events organizers. Dlg Exhibitions & Events Corporation Limited was founded in 1982 and is headquartered in Huangpu, the People's Republic of China.
Stock analysis
DLG Exhibitions & Events Corp Ltd (600826) currently trades at ¥7.94, while our model-based Fair Value estimate is ¥7.12, implying the stock looks roughly 11.5% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of ¥9.31 per share, and 10 of the 22 models we run sit above the ¥7.94 price.
Bear case: the Asset-Based group reads lowest at ¥4.14, and 12 of the 22 models stay below the price. Evidence for this calculation is medium.
Scenario range: ¥5.65 (bear) to ¥8.60 (bull), the price of ¥7.94 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 57/100 (solid quality), in the Communication Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
DLG Exhibitions & Events Corp Ltd reported revenue of 1.6B CNY in FY2025 versus 925M CNY in FY2021, a compound +15.1%/yr. Reported net income was 326M CNY in FY2025, compounding +28.4%/yr from FY2021.
Key figures
Market cap 5.8B CNY (≈ $872M) · P/E ratio 17.3 · P/S ratio 3.46 · EPS (TTM) ¥0.4600 · Dividend yield 3.8% · Net margin 20.0% · Return on equity 8.4% · Return on assets (EBIT) 4.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 38% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 20% fair-value upside, at −10%, 600826 screens richer than that median.
Fair Value models
Bear ¥5.65Fair Value ¥7.12Bull ¥8.60
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (¥0.1170 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.Evidence ⓘEvidence = 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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−1.1%
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.
+28.1%
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.
−11.4%
Start year 2020 (pandemic). Over 10 years: −3.8% a year
Revenue growth 35 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.
−0.1%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+15.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.4%
Dividend (yield on the price)3.8%
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% vs −10%, picking up
Profit margin 1990 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.1% → 19%
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 3.3%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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).
−2.2%
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 −3.8% a year for the price.
Compare DLG Exhibitions & Events Corp Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Advertising Agencies · 191 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−10% · Below median
Profitability
Return on equity (TTM)8% · Above median
Return on assets3% · Above median
Net margin (TTM)21% · Top 25%
Operating margin (TTM)−3% · Below median
Growth and dividend
Revenue growth6% · Above median
Dividend yield (TTM)3.8% · Above median
Balance sheet
Debt / equity0.04× · Above median
Valuation Multiplesvs Advertising Agencies median · lower = cheaper
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.
Is DLG Exhibitions & Events Corp Ltd (600826) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of ¥7.12 versus a price of ¥7.94, about −10% upside (overvalued).
What is the fair value of 600826?
Our model-based fair value for DLG Exhibitions & Events Corp Ltd is ¥7.12 (as of Sep 23, 2026), built from audited fundamentals. The current price: ¥7.94.
What is the quality score of 600826?
DLG Exhibitions & Events Corp Ltd has a Quality Score of 57/100. 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 DLG Exhibitions & Events Corp Ltd (600826)?
Our model-based price target is the fair value of ¥7.12 (as of Sep 23, 2026) from 22 valuation models. Cautious scenario ¥5.65, optimistic scenario ¥8.60. It is a calculation from audited fundamentals, not an analyst target.
What is the DLG Exhibitions & Events Corp Ltd stock forecast for 2026?
Our models put fair value at ¥7.12, about −10% upside versus a price of ¥7.94 (overvalued). Cautious scenario ¥5.65, optimistic scenario ¥8.60. The calculation is refreshed regularly with new filings.
What is the revenue of DLG Exhibitions & Events Corp Ltd (600826)?
DLG Exhibitions & Events Corp Ltd reported trailing-twelve-month revenue of about 1.6B CNY (latest available figure, as of Sep 23, 2026).
Does DLG Exhibitions & Events Corp Ltd pay a dividend?
DLG Exhibitions & Events Corp Ltd currently shows a dividend yield of about 3.78% relative to its recent price (as of Sep 23, 2026).
What growth is priced into DLG Exhibitions & Events Corp Ltd (600826)?
For today's price to be fair in a discounted-cash-flow model, DLG Exhibitions & Events Corp Ltd would have to grow free cash flow by -2.2 % per year for five years (discount rate 9.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -11.4 % per year. As of Sep 23, 2026.
What discount rate (WACC) does the fair value of 600826 use?
Our models discount DLG Exhibitions & Events Corp Ltd at 9.4 %: a base by market capitalisation (mid), damped by beta 0.61, 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 DLG Exhibitions & Events Corp Ltd that is -2.2 % per year a year over ten years, using the same discount rate (9.4 %) and the same formula as our fair value.
How much growth has DLG Exhibitions & Events Corp Ltd (600826) delivered so far?
Over the past 5 years revenue at DLG Exhibitions & Events Corp Ltd grew -11.4 % a year. The price currently implies -2.2 % 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 DLG Exhibitions & Events Corp Ltd (600826) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into DLG Exhibitions & Events Corp Ltd (-2.2 % 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 DLG Exhibitions & Events Corp Ltd (600826)?
The free-cash-flow yield on the price is 6.08 %: that much free cash flow DLG Exhibitions & Events Corp Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of DLG Exhibitions & Events Corp Ltd (600826)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For DLG Exhibitions & Events Corp Ltd it is ¥7.12 per share (as of Sep 23, 2026), against a price of ¥7.94. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is DLG Exhibitions & Events Corp Ltd stock overvalued or undervalued in 2026?
As of Sep 23, 2026, 600826 trades above its calculated fair value: price ¥7.94, fair value ¥7.12, a gap of about −10% (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 600826?
No. The price is what the market pays today (¥7.94); the fair value is what the company's own numbers justify (¥7.12). For DLG Exhibitions & Events Corp Ltd the two are ¥0.8170 per share apart. That gap is exactly why we show both numbers side by side.
How much is DLG Exhibitions & Events Corp Ltd worth?
The market values DLG Exhibitions & Events Corp Ltd at about 5.8B CNY (market capitalisation, as of Sep 23, 2026). Per share that is ¥7.94; our models calculate a fair value of ¥7.12 per share.
What do the bullish and bearish scenarios say about 600826?
Our models span a range for DLG Exhibitions & Events Corp Ltd: cautious scenario ¥5.65, base ¥7.12, optimistic ¥8.60 per share (as of Sep 23, 2026, price ¥7.94). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600826?
DLG Exhibitions & Events Corp Ltd trades at a price-to-earnings ratio of 17.3 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥7.12 is built from several models across several years. Other multiples: P/B 1.3, P/S 3.6, EV/EBITDA 13.9.
How solid is the balance sheet of DLG Exhibitions & Events Corp Ltd (600826)?
Balance-sheet figures for DLG Exhibitions & Events Corp Ltd (as of Sep 23, 2026): return on equity 8.4%, debt of 0.04 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 600826 from its 52-week high?
DLG Exhibitions & Events Corp Ltd trades at ¥7.94, about 38% below its 52-week high of ¥12.83 and 9% above the low of ¥7.27 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of ¥7.12 is for.
Which stocks are comparable to DLG Exhibitions & Events Corp Ltd?
From the same area (Communication Services) we also value AppLovin Corporation, Publicis Groupe S.A, Omnicom Group, Focus Media Information Technology Co, 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 DLG Exhibitions & Events Corp Ltd stock attractive at the current price?
The data as of Sep 23, 2026: price ¥7.94, calculated fair value ¥7.12 (−10%), Quality Score 57/100, from 22 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 600826 calculated?
We run DLG Exhibitions & Events Corp Ltd through 22 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 ¥7.12, 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 14.1 % above its aggregate fair value. DLG Exhibitions & Events Corp Ltd 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 DLG Exhibitions & Events Corp Ltd (600826)?
The closing price on Sep 23, 2026 was ¥7.94. Our model-based fair value is ¥7.12, about −10% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with DLG Exhibitions & Events Corp Ltd right now?
The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of DLG Exhibitions & Events Corp Ltd (600826) come from?
Earnings per share at DLG Exhibitions & Events Corp Ltd grew −7.8 % a year from 2013 to 2024. Broken into its drivers: revenue per share −6.3 %, EBIT margin −2.0 %, tax rate +0.5 %, residual (interest, one-offs) −0.1 %. 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 DLG Exhibitions & Events Corp Ltd
How large is the market capitalisation of DLG Exhibitions & Events Corp Ltd (600826)?
The market capitalisation of DLG Exhibitions & Events Corp Ltd is 5.8B CNY (≈ $872M). 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 DLG Exhibitions & Events Corp Ltd (600826)?
The price-to-sales ratio of DLG Exhibitions & Events Corp Ltd is 3.46 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of DLG Exhibitions & Events Corp Ltd (600826)?
Earnings per share at DLG Exhibitions & Events Corp Ltd are ¥0.4600 (price ÷ EPS = P/E 17.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of DLG Exhibitions & Events Corp Ltd (600826)?
The dividend yield of DLG Exhibitions & Events Corp Ltd is 3.8% (payout 65.2%). 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 DLG Exhibitions & Events Corp Ltd (600826)?
The net margin of DLG Exhibitions & Events Corp Ltd is 20.0% (fiscal year 2025). 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 DLG Exhibitions & Events Corp Ltd (600826)?
The return on equity (ROE) of DLG Exhibitions & Events Corp Ltd is 8.4% (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 DLG Exhibitions & Events Corp Ltd (600826)?
On an EBIT basis the return on assets of DLG Exhibitions & Events Corp Ltd is 4.5% (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 DLG Exhibitions & Events Corp Ltd (600826)?
The operating margin of DLG Exhibitions & Events Corp Ltd is −3.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at DLG Exhibitions & Events Corp Ltd (600826)?
Revenue at DLG Exhibitions & Events Corp Ltd is growing +5.5% versus a year earlier (3y avg +28.1%). 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 DLG Exhibitions & Events Corp Ltd (600826)?
Earnings per share at DLG Exhibitions & Events Corp Ltd are growing −35.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does DLG Exhibitions & Events Corp Ltd (600826) hold?
DLG Exhibitions & Events Corp Ltd holds more cash than debt, 1.1B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch DLG Exhibitions & Events Corp Ltd in the live analysis
One click puts DLG Exhibitions & Events Corp Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
