Tianjin You Fa Steel Pipe Group (601686) Fair Value & Analysis
Basic Materials · CN · Market cap 7.6B CNY
Fair value as of: Aug 10, 2026
From 24 valuation models · updated today
Fair value updated Aug 10, 2026, revised from ¥7.85 to ¥6.79 (−13.5%) since Jul 24, 2026. Share price +2.4% over the past month.
Below-average quality, screening 31% undervalued on our models.
What matters now
- Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
- Our model range runs from ¥5.09 (bear) to ¥8.48 (bull), base ¥6.79. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 49/100 (below-average quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 10, 2026.
How to read this chart
60‑month range ¥4.44 – ¥11.66 · fair‑value band ¥5.09 – ¥8.48 · the ¥5.17 price screens below the ¥6.79 fair value. Dashed = 300-day average. As of Aug 10, 2026.
Analysis
Tianjin You Fa Steel Pipe Group (601686) currently trades at ¥5.17, while our model-based Fair Value estimate is ¥6.79, implying the stock looks roughly 31.3% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Basic Materials 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: high), always confirm before acting.
Over the trailing twelve months, Tianjin You Fa Steel Pipe Group generated revenue of 49.9B CNY at a net margin of 1.4%. Revenue declined 6.6% year over year. It earns a return on equity of 9.5%. The balance sheet holds a net cash position of 9.4B CNY. Fundamentals as of Aug 10, 2026
Our scenario range runs from ¥5.09 (bear case) to ¥8.48 (bull case); at ¥5.17, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 27% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at 31%, 601686 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 24 models by family
Widest divergence: DCF Models (¥11.40) versus Dividend Discount (¥2.90). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 10, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 50 · Market factors (momentum, volatility) 40
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Tianjin You Fa Steel Pipe Group Stock Co., Ltd. engages in the research, development, production, and sale of steel pipes in China.
Full company description
Tianjin You Fa Steel Pipe Group Stock Co., Ltd. engages in the research, development, production, and sale of steel pipes in China. The company offers steel pipes, including hot-dip galvanized, straight seam, plastic-lined and coated composite, galvanized seamless, spiral seam double-sided submerged arc welded, and square rectangular welded steel pipes; stainless steel pipes and fittings; hot-dip galvanized rectangular tubes; pipe fittings; and socket-type disc-type steel pipe support under the Youfa and Zhengjinyuan brands. It also exports its products to North America, South America, Europe, Africa, Oceania, the Middle East, and Southeast Asia. The company was founded in 2000 and is headquartered in Tianjin, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Tianjin You Fa Steel Pipe Group reported revenue of ¥50.7B in FY2025 versus ¥66.9B in FY2021, a compound −6.7%/yr. Reported net income was ¥680M in FY2025, compounding +2.6%/yr from FY2021.
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Peer Group
Steel · 378 stocks
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.
Valuation Multiples vs Steel median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Steel stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Tata Steel Limited TTST | $0.2010 | $0.2000 | -0% |
| JSW Steel Limited JSWSTEEL | ₹1,227 | ₹1,140 | -7% |
| Baoshan Iron & Steel Co 600019 | ¥5.89 | ¥8.07 | +37% |
| China Steel Corporation 2002A | 38.55 TWD | 8.74 TWD | -77% |
| POSCO Holdings 005490 | 313,500 KRW | 155,270 KRW | -50% |
| Companhia Siderúrgica Nacional, SID | 13,670 ARS | 15,940 ARS | +17% |
| Jindal Steel Limited JINDALSTEL | ₹1,028 | ₹545.12 | -47% |
| Lloyds Metals and Energy Limited LLOYDSME | ₹1,844 | ₹1,098 | -40% |
| Gerdau S.A GGBN | 83.50 MXN | 42.64 MXN | -49% |
| Ternium S.A TXR | 17,780 ARS | 27,210 ARS | +53% |
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Frequently asked questions
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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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