Gem-Year Industrial Co Ltd (601002) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Gem-Year Industrial Co Ltd stock ¥3.89, price ¥4.67, that is 16.7% below the price, quality 69 out of 100. Rating: overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 5, 2026.
How to read this chart
60‑month range ¥2.77 – ¥6.68 · fair‑value band ¥2.88 – ¥5.14 · the ¥4.67 price screens above the ¥3.89 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Gem-Year Industrial Co.,Ltd. engages in the research, development, production, and sale of fasteners and hardware tools in China, the United States, Japan, Europe, and internationally.
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The company offers fastener products, including general fasteners, as well as power, steel structure, home appliance, furniture, gypsum board, and car series.
It also provides hardware tools, such as toolboxes, tool carts, and tool bags; sleeves and accessories; wrenches; electronic repair, mechanical elevator maintenance, and auto repair kits; and plier tools.
In addition, the company offers bolts, nuts, screws, precision wires, and non-standard specialty fasteners; and tungsten carbide molds, railway fasteners, automated warehousing equipment, and rails. Further, it engages in warehousing and logistics; trading and distribution; and investment activities.
The company's products are used in automobiles, high-speed rail, aviation, power, engineering machinery, bridges, construction, energy, and nuclear power applications. Gem-Year Industrial Co.,Ltd. was incorporated in 1995 and is headquartered in Jiaxing, China.
Stock analysis
Gem-Year Industrial Co Ltd (601002) currently trades at ¥4.67, while our model-based Fair Value estimate is ¥3.89, 17% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ¥5.17 per share, and 5 of the 24 models we run sit above the ¥4.67 price.
Bear case: the Dividend Discount group reads lowest at ¥0.9400, and 19 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥2.88 (bear) to ¥5.14 (bull), the price of ¥4.67 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 69/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Gem-Year Industrial Co Ltd reported revenue of 2.3B CNY in FY2025 versus 2.9B CNY in FY2021, a compound −5.0%/yr. Reported net income was 242M CNY in FY2025, compounding +3.0%/yr from FY2021.
Key figures
Market cap 4.4B CNY (≈ $664M) Small · P/E ratio 13.7 · P/S ratio 1.85 · EPS (TTM) ¥0.3400 · Dividend yield 2.8% · Net margin 13.9% · Return on equity 7.7% · Return on assets (EBIT) 3.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −20% fair-value upside, at −17%, 601002 screens cheaper than that median.
Fair Value models
Bear¥2.88Fair Value ¥3.89Bull¥5.14
Price ¥4.67 · Downside -16.7%
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 (¥0.1795 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.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−1.4%
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.
−4.9%
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.
−1.5%
Start year 2020 (pandemic). Over 10 years: +0.3% a year
Revenue growth 22 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.
+4.8%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
−11.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−14.3%
Dividend (yield on the price)2.8%
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.3.0% vs 7.0%, 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.22% → 12%
2025 sits 97% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 3.7%/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).
+5.5%
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 +3.7% a year for the price.
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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.Tools & Accessories · 129 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside−16.7% · Above median
Profitability
Return on equity (12 months)7.7% · Below median
Return on assets4.6% · Above median
Net margin (12 months)13.9% · Top 25%
Operating margin (12 months)12.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)13.3% · Above median
Dividend yield (12 months)2.8% · Above median
Balance sheet
Debt / equity0.13× · Above median
Valuation Multiplesvs Tools & Accessories median · lower = cheaper
P/E (12 months)13.7× · Cheaper than median
P/B1.02× · Cheaper than median
P/S (12 months)1.85× · Pricier than median
Price / free cash flow (fiscal year)15.7× · Cheaper than median
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). "Gem-Year Industrial Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/601002
Frequently asked questions
Is Gem-Year Industrial Co Ltd (601002) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of ¥3.89 versus a price of ¥4.67, about 17% lower (overvalued).
What is the fair value of 601002?
Our model-based fair value for Gem-Year Industrial Co Ltd is ¥3.89 (as of Nov 5, 2026), built from audited fundamentals. The current price: ¥4.67.
What is the quality score of 601002?
Gem-Year Industrial Co Ltd has a Quality Score of 69/100. 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 Gem-Year Industrial Co Ltd (601002)?
Our model-based price target is the fair value of ¥3.89 (as of Nov 5, 2026) from 24 valuation models. Cautious scenario ¥2.88, optimistic scenario ¥5.14. It is a calculation from audited fundamentals, not an analyst target.
What is the Gem-Year Industrial Co Ltd stock forecast for 2026?
Our models put fair value at ¥3.89, about 17% lower versus a price of ¥4.67 (overvalued). Cautious scenario ¥2.88, optimistic scenario ¥5.14. The calculation is refreshed regularly with new filings.
What is the revenue of Gem-Year Industrial Co Ltd (601002)?
Gem-Year Industrial Co Ltd reported trailing-twelve-month revenue of about 2.4B CNY (latest available figure, as of Nov 5, 2026).
Does Gem-Year Industrial Co Ltd pay a dividend?
Gem-Year Industrial Co Ltd currently shows a dividend yield of 2.78% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Gem-Year Industrial Co Ltd (601002) and when is the ex-dividend date?
Gem-Year Industrial Co Ltd pays a dividend of ¥0.13 per share a year, a dividend yield of 2.8%. The last ex-dividend date was Oct 15, 2026. The payout ratio is 38.2% of earnings. Free cash flow covers the dividend 2.26 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Gem-Year Industrial Co Ltd (601002)?
For today's price to be fair in a discounted-cash-flow model, Gem-Year Industrial Co Ltd would have to grow free cash flow by +5.5 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -1.5 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 601002 use?
Our models discount Gem-Year Industrial Co Ltd at 10.4 %: a base by market capitalisation (small), damped by beta 0.18, 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 Gem-Year Industrial Co Ltd that is +5.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Gem-Year Industrial Co Ltd (601002) delivered so far?
Over the past 5 years revenue at Gem-Year Industrial Co Ltd grew -1.5 % a year. The price currently implies free-cash-flow growth of +5.5 % per 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 Gem-Year Industrial Co Ltd (601002) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Gem-Year Industrial Co Ltd (+5.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Gem-Year Industrial Co Ltd (601002)?
The free-cash-flow yield on the price is 6.39 %: that much free cash flow Gem-Year Industrial Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Gem-Year Industrial Co Ltd (601002)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Gem-Year Industrial Co Ltd it is ¥3.89 per share (as of Nov 5, 2026), against a price of ¥4.67. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Gem-Year Industrial Co Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 601002 trades above its calculated fair value: price ¥4.67, fair value ¥3.89, a gap of about −17% (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 601002?
No. The price is what the market pays today (¥4.67); the fair value is what the company's own numbers justify (¥3.89). For Gem-Year Industrial Co Ltd the two are ¥0.7800 per share apart. That gap is exactly why we show both numbers side by side.
How much is Gem-Year Industrial Co Ltd worth?
The market values Gem-Year Industrial Co Ltd at about 4.4B CNY (market capitalisation, as of Nov 5, 2026). Per share that is ¥4.67; our models calculate a fair value of ¥3.89 per share.
What do the bullish and bearish scenarios say about 601002?
Our models span a range for Gem-Year Industrial Co Ltd: cautious scenario ¥2.88, base ¥3.89, optimistic ¥5.14 per share (as of Nov 5, 2026, price ¥4.67). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 601002?
Gem-Year Industrial Co Ltd trades at a price-to-earnings ratio of 13.7 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥3.89 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 31.1. Other multiples: P/B 1.0, P/S 1.9, EV/EBITDA 9.1.
How solid is the balance sheet of Gem-Year Industrial Co Ltd (601002)?
Balance-sheet figures for Gem-Year Industrial Co Ltd (as of Nov 5, 2026): return on equity 7.7%, debt of 0.13 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is 601002 from its 52-week high?
Gem-Year Industrial Co Ltd trades at ¥4.67, about 30% below its 52-week high of ¥6.68 and 9% above the low of ¥4.28 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥3.89 is for.
Which stocks are comparable to Gem-Year Industrial Co Ltd?
From the same area (Industrials) we also value Techtronic Industries Company, Snap-on Incorporated, Stanley Black & Decker, Inc, Lincoln Electric Holdings, 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 Gem-Year Industrial Co Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price ¥4.67, calculated fair value ¥3.89 (−17%), Quality Score 69/100, from 24 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 601002 calculated?
We run Gem-Year Industrial Co Ltd through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥3.89 builds on their evidence-weighted average, 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 13.0% above its aggregate fair value. Gem-Year Industrial 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 Gem-Year Industrial Co Ltd (601002)?
The closing price on Nov 6, 2026 was ¥4.67. Our model-based fair value is ¥3.89, about 17% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Gem-Year Industrial Co Ltd right now?
Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of Gem-Year Industrial Co Ltd (601002) come from?
Earnings per share at Gem-Year Industrial Co Ltd grew +4.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −2.9 %, EBIT margin +7.1 %, tax rate +1.3 %, residual (interest, one-offs) −0.8 %. 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 Gem-Year Industrial Co Ltd
How large is the market capitalisation of Gem-Year Industrial Co Ltd (601002)?
The market capitalisation of Gem-Year Industrial Co Ltd is 4.4B CNY (≈ $664M). 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 Gem-Year Industrial Co Ltd (601002)?
The price-to-sales ratio of Gem-Year Industrial Co Ltd is 1.85 (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 Gem-Year Industrial Co Ltd (601002)?
Earnings per share at Gem-Year Industrial Co Ltd are ¥0.3400 (price ÷ EPS = P/E 13.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Gem-Year Industrial Co Ltd (601002)?
The dividend yield of Gem-Year Industrial Co Ltd is 2.8% (payout 38.2%). 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 Gem-Year Industrial Co Ltd (601002)?
The net margin of Gem-Year Industrial Co Ltd is 13.9% (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 Gem-Year Industrial Co Ltd (601002)?
The return on equity (ROE) of Gem-Year Industrial Co Ltd is 7.7% (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 Gem-Year Industrial Co Ltd (601002)?
On an EBIT basis the return on assets of Gem-Year Industrial Co Ltd is 3.0% (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 Gem-Year Industrial Co Ltd (601002)?
The operating margin of Gem-Year Industrial Co Ltd is 12.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Gem-Year Industrial Co Ltd (601002)?
Revenue at Gem-Year Industrial Co Ltd is growing +13.3% versus a year earlier (3y avg −4.9%). 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 Gem-Year Industrial Co Ltd (601002)?
Earnings per share at Gem-Year Industrial Co Ltd are growing +126% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Gem-Year Industrial Co Ltd (601002) hold?
Gem-Year Industrial Co Ltd holds more cash than debt, 184M CNY net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 5, 2026