China Oilfield Services Ltd Class A (601808) fair value: what the stock is really worth
We calculate from audited financials what China Oilfield Services Ltd Class A is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch China Oilfield Services Ltd Class A for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
60‑month range ¥10.79 – ¥20.68 · fair‑value band ¥9.48 – ¥16.96 · the ¥12.15 price screens below the ¥13.04 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally. The company operates through four divisions: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services.
Show more
China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally. The company operates through four divisions: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. It offers drilling services, including drilling lift boats and accommodation and rigs; well services, such as directional drilling, logging, drilling and completion fluids, cementing, workover, production and optimization, and well completion; and geophysics and geotechnical surveying, as well as marine support vessels comprising anchor handling, towing, cargo (passenger) transportation, stand-by, and oil lifting assisting services. The company was incorporated in 2001 and is based in Sanhe, China. China Oilfield Services Limited is a subsidiary of China National Offshore Oil Corporation.
Stock analysis
China Oilfield Services Ltd Class A (601808) currently trades at ¥12.15, while our model-based Fair Value estimate is ¥13.04, implying the stock looks roughly 6.8% fairly valued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of ¥19.06 per share, and 18 of the 26 models we run sit above the ¥12.15 price.
Bear case: the Dividend Discount group reads lowest at ¥3.71, and 8 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: ¥9.48 (bear) to ¥16.96 (bull), the price of ¥12.15 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 60/100 (solid quality), in the Energy sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
China Oilfield Services Ltd Class A reported revenue of 50.3B CNY in FY2025 versus 29.2B CNY in FY2021, a compound +14.5%/yr. Reported net income was 3.8B CNY in FY2025, compounding +87.1%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 58.0B CNY (≈ $8.7B) · P/E ratio 15.5 · P/S ratio 1.18 · EPS (TTM) ¥0.8000 · Dividend yield 2.3% · Net margin 7.6% · Return on equity 8.6% · Return on assets (EBIT) 4.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 44% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −37% fair-value upside, at 7%, 601808 screens cheaper than that median.
Fair Value models
Bear ¥9.48Fair Value ¥13.04Bull ¥16.96
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (¥0.3754 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.Evidence ⓘEvidence = 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.80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.1%
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.
+12.1%
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.
+12.7%
Revenue growth 23 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.
+15.1%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+11.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+9.0%
Dividend (yield on the price)2.3%
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.9% vs −1%, picking up
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.12% → 12%
Growth Forecast
Little optimism in the price
The price assumes less 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).
−1.6%
Yearly growth needed for the next five years to justify today's price.
Compare China Oilfield Services Ltd Class A with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Oil & Gas Equipment & Services · 188 stocks
Beats the industry median on 13/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside+1% · Above median
Profitability
Return on equity (TTM)9% · Above median
Return on assets5% · Above median
Net margin (TTM)8% · Above median
Operating margin (TTM)14% · Top 25%
Growth and dividend
Revenue growth5% · Above median
Dividend yield (TTM)2.3% · Above median
Balance sheet
Debt / equity0.12× · Below median
Valuation Multiplesvs Oil & Gas Equipment & Services median · lower = cheaper
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 Oilfield Services Ltd Class A Fair Value". https://www.fairvalue-calculator.com/stock/601808
Frequently asked questions
Is China Oilfield Services Ltd Class A (601808) overvalued or undervalued?
As of Sep 18, 2026, our model estimates a fair value of ¥13.04 versus a price of ¥12.15, about +7% upside (fairly valued).
What is the fair value of 601808?
Our model-based fair value for China Oilfield Services Ltd Class A is ¥13.04 (as of Sep 18, 2026), built from audited fundamentals. The current price: ¥12.15.
What is the quality score of 601808?
China Oilfield Services Ltd Class A has a Quality Score of 60/100. 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 Oilfield Services Ltd Class A (601808)?
Our model-based price target is the fair value of ¥13.04 (as of Sep 18, 2026) from 26 valuation models. Cautious scenario ¥9.48, optimistic scenario ¥16.96. It is a calculation from audited fundamentals, not an analyst target.
What is the China Oilfield Services Ltd Class A stock forecast for 2026?
Our models put fair value at ¥13.04, about +7% upside versus a price of ¥12.15 (fairly valued). Cautious scenario ¥9.48, optimistic scenario ¥16.96. The calculation is refreshed regularly with new filings.
What is the revenue of China Oilfield Services Ltd Class A (601808)?
China Oilfield Services Ltd Class A reported trailing-twelve-month revenue of about 50.8B CNY (latest available figure, as of Sep 18, 2026).
Does China Oilfield Services Ltd Class A pay a dividend?
China Oilfield Services Ltd Class A currently shows a dividend yield of about 2.33% relative to its recent price (as of Sep 18, 2026).
What growth is priced into China Oilfield Services Ltd Class A (601808)?
For today's price to be fair in a discounted-cash-flow model, China Oilfield Services Ltd Class A would have to grow free cash flow by -1.6 % per year for five years (discount rate 9.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.7 % per year. As of Sep 18, 2026.
What discount rate (WACC) does the fair value of 601808 use?
Our models discount China Oilfield Services Ltd Class A at 9.4 %: a base by market capitalisation (mid), damped by beta 0.60, 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 China Oilfield Services Ltd Class A that is -1.6 % per year a year over ten years, using the same discount rate (9.4 %) and the same formula as our fair value.
How much growth has China Oilfield Services Ltd Class A (601808) delivered so far?
Over the past 5 years revenue at China Oilfield Services Ltd Class A grew +12.7 % a year. The price currently implies -1.6 % per year free-cash-flow growth a 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 China Oilfield Services Ltd Class A (601808) growing?
The median revenue growth in the sector is +1.6 % a year. That is the yardstick for the growth priced into China Oilfield Services Ltd Class A (-1.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of China Oilfield Services Ltd Class A (601808)?
The free-cash-flow yield on the price is 8.66 %: that much free cash flow China Oilfield Services Ltd Class A produces per unit of market value. When it exceeds the discount rate of our models (9.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of China Oilfield Services Ltd Class A (601808)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For China Oilfield Services Ltd Class A it is ¥13.04 per share (as of Sep 18, 2026), against a price of ¥12.15. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is China Oilfield Services Ltd Class A stock overvalued or undervalued in 2026?
As of Sep 18, 2026, 601808 trades below its calculated fair value: price ¥12.15, fair value ¥13.04, a gap of about +7% (fairly valued). 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 601808?
No. The price is what the market pays today (¥12.15); the fair value is what the company's own numbers justify (¥13.04). For China Oilfield Services Ltd Class A the two are ¥0.8900 per share apart. That gap is exactly why we show both numbers side by side.
How much is China Oilfield Services Ltd Class A worth?
The market values China Oilfield Services Ltd Class A at about 58.0B CNY (market capitalisation, as of Sep 18, 2026). Per share that is ¥12.15; our models calculate a fair value of ¥13.04 per share.
What do the bullish and bearish scenarios say about 601808?
Our models span a range for China Oilfield Services Ltd Class A: cautious scenario ¥9.48, base ¥13.04, optimistic ¥16.96 per share (as of Sep 18, 2026, price ¥12.15). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 601808?
China Oilfield Services Ltd Class A trades at a price-to-earnings ratio of 15.5 (as of Sep 18, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥13.04 is built from several models across several years. Other multiples: PEG 2.6, P/B 1.2, P/S 1.1, EV/EBITDA 4.9.
What is the PEG ratio of 601808?
The PEG ratio of China Oilfield Services Ltd Class A is 2.64 (P/E divided by earnings growth, as of Sep 18, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of China Oilfield Services Ltd Class A (601808)?
Balance-sheet figures for China Oilfield Services Ltd Class A (as of Sep 18, 2026): return on equity 8.6%, debt of 0.12 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is 601808 from its 52-week high?
China Oilfield Services Ltd Class A trades at ¥12.15, about 44% below its 52-week high of ¥21.85 and 1% above the low of ¥11.98 (as of Sep 18, 2026). Distance from the high says nothing about value: that is what the fair value of ¥13.04 is for.
Which stocks are comparable to China Oilfield Services Ltd Class A?
From the same area (Energy) we also value SLB N.V, Baker Hughes Company, TechnipFMC plc, Halliburton Company, 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 Oilfield Services Ltd Class A stock attractive at the current price?
The data as of Sep 18, 2026: price ¥12.15, calculated fair value ¥13.04 (+7%), Quality Score 60/100, from 26 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 601808 calculated?
We run China Oilfield Services Ltd Class A through 26 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 ¥13.04, 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 16.1 % above its aggregate fair value. China Oilfield Services Ltd Class A currently trades 7 % below its own fair value, and the market average says nothing about that. 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 Oilfield Services Ltd Class A (601808)?
The closing price on Sep 18, 2026 was ¥12.15. Our model-based fair value is ¥13.04, about +7% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with China Oilfield Services Ltd Class A right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of China Oilfield Services Ltd Class A (601808) come from?
Earnings per share at China Oilfield Services Ltd Class A grew −2.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +5.3 %, EBIT margin −4.7 %, tax rate −1.5 %, residual (interest, one-offs) −1.6 %. 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 Oilfield Services Ltd Class A
How large is the market capitalisation of China Oilfield Services Ltd Class A (601808)?
The market capitalisation of China Oilfield Services Ltd Class A is 58.0B CNY (≈ $8.7B). 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 Oilfield Services Ltd Class A (601808)?
The price-to-sales ratio of China Oilfield Services Ltd Class A is 1.18 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of China Oilfield Services Ltd Class A (601808)?
Earnings per share at China Oilfield Services Ltd Class A are ¥0.8000 (price ÷ EPS = P/E 15.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of China Oilfield Services Ltd Class A (601808)?
The dividend yield of China Oilfield Services Ltd Class A is 2.3% (payout 35.4%). 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 Oilfield Services Ltd Class A (601808)?
The net margin of China Oilfield Services Ltd Class A is 7.6% (fiscal year 2025). 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 Oilfield Services Ltd Class A (601808)?
The return on equity (ROE) of China Oilfield Services Ltd Class A is 8.6% (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 Oilfield Services Ltd Class A (601808)?
On an EBIT basis the return on assets of China Oilfield Services Ltd Class A is 4.6% (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 Oilfield Services Ltd Class A (601808)?
The operating margin of China Oilfield Services Ltd Class A is 13.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at China Oilfield Services Ltd Class A (601808)?
Revenue at China Oilfield Services Ltd Class A is growing +4.6% versus a year earlier (3y avg +12.1%). 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 Oilfield Services Ltd Class A (601808)?
Earnings per share at China Oilfield Services Ltd Class A are growing −3.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does China Oilfield Services Ltd Class A (601808) carry?
The net debt of China Oilfield Services Ltd Class A is 9.4B CNY (fiscal year 2025, ≈ 1.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch China Oilfield Services Ltd Class A in the live analysis
One click puts China Oilfield Services Ltd Class A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
