Industrial Securities Co Ltd (601377) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Industrial Securities Co Ltd ¥11.74, price ¥5.92, upside +98.3%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Industrial Securities Co Ltd
601377 · SHGClearly undervaluedStrong Fair Value upside, but quality is only moderate.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ¥4.86 – ¥10.74 · fair‑value band ¥4.98 – ¥16.24 · the ¥5.92 price screens below the ¥11.74 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
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Company profile
Industrial Securities Co.,Ltd. operates as a securities company in China and internationally. It operates through Wealth Management Business, Institutional Services Business, and Proprietary Investment Business segments.
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Industrial Securities Co.,Ltd. operates as a securities company in China and internationally. It operates through Wealth Management Business, Institutional Services Business, and Proprietary Investment Business segments. The company provides securities and futures brokerage services, such as buying and selling stocks, funds, bonds, futures, options; sales of financial products; fund investment advisory services; margin trading; stock-pledged repurchase; and equity incentive financing. It also offers asset management, fund asset management, and private equity fund management services; securities research and sales trading services, asset custody and fund services, and institutional trading services; as well as equity financing, debt financing, financial advisory services, financing for small and medium-sized enterprises, and regional equity market services. In addition, it provides proprietary investment and trading of various products, including stocks, bonds, derivatives, equities, and alternative investments. The company was founded in 1991 and is headquartered in Fuzhou, China.
Stock analysis
Industrial Securities Co Ltd (601377) currently trades at ¥5.92, while our model-based Fair Value estimate is ¥11.74, implying the stock looks roughly 49.6% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of ¥77.11 per share, and 5 of the 12 models we run sit above the ¥5.92 price.
Bear case: the Dividend Discount group reads lowest at ¥2.27, and 7 of the 12 models stay below the price. Evidence for this calculation is low.
Scenario range: ¥4.98 (bear) to ¥16.24 (bull), the price of ¥5.92 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 56/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Industrial Securities Co Ltd reported revenue of 18.2B CNY in FY2025 versus 21.9B CNY in FY2021, a compound −4.6%/yr. Reported net income was 2.9B CNY in FY2025, compounding −11.8%/yr from FY2021.
Key figures
Market cap 53.8B CNY (≈ $8.0B) · P/E ratio 16.9 · P/S ratio 2.67 · EPS (TTM) ¥0.3500 · Dividend yield 2.5% · Net margin 15.8% · Return on equity 6.2% · Return on assets (EBIT) 1.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −20% fair-value upside, at 98%, 601377 screens cheaper than that median.
Fair Value models
All 12 models by family
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Set up alert →Quality Score breakdown
Of which business quality 52 · Market factors (momentum, volatility) 43
Revenue & earnings trend
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Compare Industrial Securities Co Ltd with another stock
Price, fair value, quality and upside side by side.
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.Capital Markets · 463 stocks
Valuation Multiplesvs Capital Markets median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Chinese Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Capital Markets stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Morgan Stanley, a financial holding company, MS | $200.18 | $312.73 | +56% |
| The Goldman Sachs Group GS | $949.49 | $756.89 | −20% |
| The Charles Schwab Corporation SCHW | $100.35 | $117.26 | +17% |
| Interactive Brokers Group IBKR | $91.88 | $23.37 | −75% |
| Robinhood Markets, Inc HOOD | $124.25 | $47.73 | −62% |
| Macquarie Group MQG | A$242.35 | A$75.58 | −69% |
| CITIC Securities Company 600030 | ¥26.89 | ¥17.68 | −34% |
| Guotai Haitong Securities Co 601211 | ¥17.71 | ¥18.62 | +5% |
| East Money Information Co 300059 | ¥18.77 | ¥4.77 | −75% |
| CSC Financial Co 601066 | ¥23.77 | ¥40.45 | +70% |
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Frequently asked questions
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Key figures of Industrial Securities Co Ltd
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