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FESCO Group (600861) Fair Value & Analysis

Industrials · CN · Market cap 8.2B CNY

FG FESCO Group 600861 · SHG
Price¥12.57
Fair Value¥45.46
Upside+261.7%
Quality45/100
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Evidence: Medium Range ¥34.10 – ¥66.20

Fair value as of: Jul 11, 2026

From 26 valuation models · updated 3 days ago

Fair value updated Jul 11, 2026 — revised from ¥46.93 to ¥45.46 (−3.1%) since Jun 24, 2026. Share price −14.1% over the past month.

Price vs Fair Value (12 months)

¥21.65 ¥12.16 Fair Value ¥45.46 Jun 2025 Jul 2026

12‑month range ¥12.16 – ¥21.65 · fair‑value band ¥34.10 – ¥66.20 · the ¥12.57 price screens below the ¥45.46 fair value. As of Jul 11, 2026.

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Analysis

FESCO Group (600861) currently trades at ¥12.57, while our model-based Fair Value estimate is ¥45.46 — implying the stock looks roughly 261.7% undervalued today. We read business quality at 45/100 (below-average quality), in the Industrials 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: medium) — always confirm before acting.

Over the trailing twelve months, FESCO Group generated revenue of 45.7B CNY at a net margin of 1.8%. Revenue grew 5.0% year over year. It earns a return on equity of 13.4%. The balance sheet holds a net cash position of 7.1B CNY. Fundamentals as of Jul 11, 2026

Our scenario range runs from ¥34.10 (bear case) to ¥66.20 (bull case); at ¥12.57, the current price sits below that range. The share trades about 44% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 32% fair-value upside — at 262%, 600861 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 45.7B CNY
Revenue growth (YoY) +5.0%
Net margin 1.8%
Return on equity 13.4%
Free cash flow 1.3B CNY FY2025
P/E ratio 9.7
More key figures
Operating margin 4.9%
EPS (TTM) ¥1.49
EPS growth (YoY) -55.5%
Net cash 7.1B CNY FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 11, 2026. TTM = trailing twelve months.

About the company

FESCO Group Co., Ltd. operates in the human resources service industry in China. The company offers human resources services, including personnel management, welfare services, business outsourcing, salary and benefits, recruitment and flexible employment, and consulting services to various organizations. It also provides vocational education, international education, international talent services, talent development consulting, human resources management consulting, legal consulting, background checks, and off-the-job placement solutions. The company was formerly known as Beijing Urban-Rural Commercial (Group)Co., Ltd. FESCO Group Co., Ltd. was founded in 1979 and is based in Beijing, China.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

FESCO Group reported revenue of ¥45.2B in FY2025 versus ¥697M in FY2021, a compound +183.7%/yr. Reported net income was ¥1.2B in FY2025.

Revenue +183.7%/yr
FY21 ¥697M
FY22 ¥32.3B
FY23 ¥38.3B
FY24 ¥43.0B
FY25 ¥45.2B
Net income
FY21 −¥63.5M
FY22 ¥414M
FY23 ¥548M
FY24 ¥791M
FY25 ¥1.2B

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Cite: Fair Value Calculator (2026). "FESCO Group Fair Value". https://www.fairvalue-calculator.com/stock/600861

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Frequently asked questions

Is FESCO Group (600861) undervalued?
As of Jul 11, 2026, our model estimates a fair value of ¥45.46 versus a price of ¥12.57 — about +262% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 600861?
Our model-based fair value for FESCO Group is ¥45.46 (as of Jul 11, 2026), built from audited fundamentals. The current price is ¥12.57.
What is the quality score of 600861?
FESCO Group has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of FESCO Group (600861)?
FESCO Group reported trailing-twelve-month revenue of about 45.7B CNY (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 600861?
The net profit margin of FESCO Group is about 1.8%, meaning it keeps roughly 1.8% of revenue as net income. Based on the latest reported figures.

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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.