China Aerospace Times Electronics Co Ltd (600879) fair value: what the stock is really worth
As of Oct 23, 2026: fair value (intrinsic value) of China Aerospace Times Electronics Co Ltd stock ¥1.44, price ¥13.02, upside -88.9%, quality 35 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?No
Good quality?No
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 24, 2026.
How to read this chart
60‑month range ¥5.43 – ¥31.56 · fair‑value band ¥1.08 – ¥1.81 · the ¥13.02 price screens above the ¥1.44 fair value. Dashed = 300-day average. As of Oct 24, 2026.
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China Aerospace Times Electronics CO., LTD., together with its subsidiaries, manufactures, produces and sells aerospace electronics, unmanned system equipment, and wire and cable products in China.
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The company offers military and civilian unmanned aerial vehicle systems, precision-guided weapon systems, and Internet of Things application systems; and system-level products, such as measurement and control communication systems, remote sensing information systems, and satellite applications.
It also provides military and civilian inertial navigation products, satellite navigation products, telemetry and remote-control equipment, precision guidance and electronic countermeasure equipment, computer technology, software, hardware, and other professional equipment.
In addition, the company offers military and civilian integrated circuits, sensors, relays, electrical connectors, microwave devices, and precision electromechanical products.
Further, it engages in the technical development, production, sale, technology transfer, and consulting for aerospace technology applications and related products; and leasing of houses and equipment.
China Aerospace Times Electronics CO., LTD. was founded in 1990 and is headquartered in Beijing, China.
Stock analysis
China Aerospace Times Electronics Co Ltd (600879) currently trades at ¥13.02, while our model-based Fair Value estimate is ¥1.44, 88.9% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ¥3.81 per share, and 1 of the 15 models we run sit above the ¥13.02 price.
Bear case: the Dividend Discount group reads lowest at ¥0.7500, and 14 of the 15 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥1.08 (bear) to ¥1.81 (bull), the price of ¥13.02 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 35/100 (below-average quality), in the Industrials sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
China Aerospace Times Electronics Co Ltd reported revenue of 13.9B CNY in FY2025 versus 16.0B CNY in FY2021, a compound −3.5%/yr. Reported net income was 227M CNY in FY2025, compounding −19.8%/yr from FY2021.
Key figures
Market cap 43.0B CNY (≈ $6.4B) Mid · P/E ratio 434.0 · P/S ratio 3.40 · EPS (TTM) ¥0.0300 · Dividend yield 0.2% · Net margin 0.7% · Return on equity 0.5% · Return on assets (EBIT) 1.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (medium confidence).
What moves the price
The share trades about 59% below its 52-week high and 25% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −26% fair-value upside, at −89%, 600879 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (¥0.3900 to ¥27.19). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear¥1.08Fair Value ¥1.44Bull¥1.81
Price ¥13.02 · Upside -88.9%
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 (¥0.0073 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.
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.55/100
Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
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.
−16.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.1%
Dividend (yield on the price)0.2%
Per share before 2001divided by the spin-off factor 1.4512
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.−17.1% vs −8.4%, slowing
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.5% → 2%
Compare China Aerospace Times Electronics Co Ltd with another stock
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.Aerospace & Defense · 231 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score35 · Bottom 25%
Fair Value upside−88.9% · Bottom 25%
Profitability
Return on equity (12 months)0.5% · Bottom 25%
Return on assets0.5% · Bottom 25%
Net margin (12 months)0.7% · Bottom 25%
Operating margin (12 months)1.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−34.8% · Bottom 25%
Dividend yield (12 months)0.2% · Bottom 25%
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
P/E (12 months)434.0× · Priciest 25%
P/B2.06× · Cheaper than median
P/S (12 months)3.40× · Pricier than median
EV/EBITDA69.0× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 59
PAST (return on equity)2· sector 39
HEALTH (low debt)99· sector 94
DIVIDEND (yield)3· sector 18
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). "China Aerospace Times Electronics Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600879
Frequently asked questions
Is China Aerospace Times Electronics Co Ltd (600879) overvalued or undervalued?
As of Oct 24, 2026, our model estimates a fair value of ¥1.44 versus a price of ¥13.02, about −89% upside (overvalued).
What is the fair value of 600879?
Our model-based fair value for China Aerospace Times Electronics Co Ltd is ¥1.44 (as of Oct 24, 2026), built from audited fundamentals. The current price: ¥13.02.
What is the quality score of 600879?
China Aerospace Times Electronics Co Ltd has a Quality Score of 35/100. 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 China Aerospace Times Electronics Co Ltd (600879)?
Our model-based price target is the fair value of ¥1.44 (as of Oct 24, 2026) from 16 valuation models. Cautious scenario ¥1.08, optimistic scenario ¥1.81. It is a calculation from audited fundamentals, not an analyst target.
What is the China Aerospace Times Electronics Co Ltd stock forecast for 2026?
Our models put fair value at ¥1.44, about −89% upside versus a price of ¥13.02 (overvalued). Cautious scenario ¥1.08, optimistic scenario ¥1.81. The calculation is refreshed regularly with new filings.
What is the revenue of China Aerospace Times Electronics Co Ltd (600879)?
China Aerospace Times Electronics Co Ltd reported trailing-twelve-month revenue of about 12.6B CNY (latest available figure, as of Oct 24, 2026).
Does China Aerospace Times Electronics Co Ltd pay a dividend?
China Aerospace Times Electronics Co Ltd currently shows a dividend yield of 0.16% relative to its recent price (as of Oct 24, 2026).
What is the intrinsic value of China Aerospace Times Electronics Co Ltd (600879)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For China Aerospace Times Electronics Co Ltd it is ¥1.44 per share (as of Oct 24, 2026), against a price of ¥13.02. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is China Aerospace Times Electronics Co Ltd stock overvalued or undervalued in 2026?
As of Oct 24, 2026, 600879 trades above its calculated fair value: price ¥13.02, fair value ¥1.44, a gap of about −89% (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 600879?
No. The price is what the market pays today (¥13.02); the fair value is what the company's own numbers justify (¥1.44). For China Aerospace Times Electronics Co Ltd the two are ¥11.58 per share apart. That gap is exactly why we show both numbers side by side.
How much is China Aerospace Times Electronics Co Ltd worth?
The market values China Aerospace Times Electronics Co Ltd at about 43.0B CNY (market capitalisation, as of Oct 24, 2026). Per share that is ¥13.02; our models calculate a fair value of ¥1.44 per share.
What do the bullish and bearish scenarios say about 600879?
Our models span a range for China Aerospace Times Electronics Co Ltd: cautious scenario ¥1.08, base ¥1.44, optimistic ¥1.81 per share (as of Oct 24, 2026, price ¥13.02). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600879?
China Aerospace Times Electronics Co Ltd trades at a price-to-earnings ratio of 434.0 (as of Oct 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥1.44 is built from several models across several years. Other multiples: P/B 2.1, P/S 3.4, EV/EBITDA 69.0.
How solid is the balance sheet of China Aerospace Times Electronics Co Ltd (600879)?
Balance-sheet figures for China Aerospace Times Electronics Co Ltd (as of Oct 24, 2026): return on equity 0.5%, debt of 0.03 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is 600879 from its 52-week high?
China Aerospace Times Electronics Co Ltd trades at ¥13.02, about 59% below its 52-week high of ¥31.56 and 25% above the low of ¥10.41 (as of Oct 23, 2026). Distance from the high says nothing about value: that is what the fair value of ¥1.44 is for.
Which stocks are comparable to China Aerospace Times Electronics Co Ltd?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Safran SA, Lockheed Martin Corporation, 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 China Aerospace Times Electronics Co Ltd stock attractive at the current price?
The data as of Oct 24, 2026: price ¥13.02, calculated fair value ¥1.44 (−89%), Quality Score 35/100, from 16 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 600879 calculated?
We run China Aerospace Times Electronics Co Ltd through 16 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 ¥1.44, 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 12.3 % above its aggregate fair value. China Aerospace Times Electronics Co 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 China Aerospace Times Electronics Co Ltd (600879)?
The closing price on Oct 23, 2026 was ¥13.02. Our model-based fair value is ¥1.44, about −89% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with China Aerospace Times Electronics Co Ltd right now?
The price sits above even our optimistic bull case (¥1.81). The favourable scenario is already priced in. Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Where does the earnings growth of China Aerospace Times Electronics Co Ltd (600879) come from?
Earnings per share at China Aerospace Times Electronics Co Ltd grew −2.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.2 %, EBIT margin −3.4 %, tax rate +1.3 %, residual (interest, one-offs) −1.9 %. 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 China Aerospace Times Electronics Co Ltd
How large is the market capitalisation of China Aerospace Times Electronics Co Ltd (600879)?
The market capitalisation of China Aerospace Times Electronics Co Ltd is 43.0B CNY (≈ $6.4B). 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 China Aerospace Times Electronics Co Ltd (600879)?
The price-to-sales ratio of China Aerospace Times Electronics Co Ltd is 3.40 (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 China Aerospace Times Electronics Co Ltd (600879)?
Earnings per share at China Aerospace Times Electronics Co Ltd are ¥0.0300 (price ÷ EPS = P/E 434.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of China Aerospace Times Electronics Co Ltd (600879)?
The dividend yield of China Aerospace Times Electronics Co Ltd is 0.2% (payout 70.0%). 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 China Aerospace Times Electronics Co Ltd (600879)?
The net margin of China Aerospace Times Electronics Co Ltd is 0.7% (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 China Aerospace Times Electronics Co Ltd (600879)?
The return on equity (ROE) of China Aerospace Times Electronics Co Ltd is 0.5% (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 China Aerospace Times Electronics Co Ltd (600879)?
On an EBIT basis the return on assets of China Aerospace Times Electronics Co Ltd 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 China Aerospace Times Electronics Co Ltd (600879)?
The operating margin of China Aerospace Times Electronics Co Ltd is 1.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at China Aerospace Times Electronics Co Ltd (600879)?
Revenue at China Aerospace Times Electronics Co Ltd is growing −34.8% versus a year earlier (3y avg −7.4%). 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 China Aerospace Times Electronics Co Ltd (600879)?
Earnings per share at China Aerospace Times Electronics Co Ltd are growing −93.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does China Aerospace Times Electronics Co Ltd (600879) generate?
The free cash flow of China Aerospace Times Electronics Co Ltd is −890M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does China Aerospace Times Electronics Co Ltd (600879) carry?
The net debt of China Aerospace Times Electronics Co Ltd is 4.3B CNY (fiscal year 2025). 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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Oct 24, 2026