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Chongqing Sanfeng Environment Group (601827) Fair Value & Analysis

Industrials · CN · Market cap 14.1B CNY

CS Chongqing Sanfeng Environment Group 601827 · SHG
Price¥8.41
Fair Value¥14.68
Upside+74.6%
Quality67/100
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Mixed Growth
Highly profitable · 22.7% net margin
Moderate debt · generates free cash flow
3.19% dividend yield
Ranks above peers (11/14)
Wide moat 68/100
Evidence: High Range ¥9.34 – ¥19.33 Share as image

Fair value as of: Aug 10, 2026

From 25 valuation models · updated today

Fair value updated Aug 10, 2026, revised from ¥15.10 to ¥14.68 (−2.8%) since Jul 24, 2026. Share price +10.4% over the past month.

A solid business, screening 75% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (¥9.34). The market is more pessimistic than our downside scenario.
  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (¥9.34 to ¥19.33) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥10.51 ¥6.18 Fair Value ¥14.68 Mar 2021 Aug 2026

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 ¥6.18 – ¥10.51 · fair‑value band ¥9.34 – ¥19.33 · the ¥8.41 price screens below the ¥14.68 fair value. Dashed = 300-day average. As of Aug 10, 2026.

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Analysis

Chongqing Sanfeng Environment Group (601827) currently trades at ¥8.41, while our model-based Fair Value estimate is ¥14.68, implying the stock looks roughly 74.6% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Industrials 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, Chongqing Sanfeng Environment Group generated revenue of 5.5B CNY at a net margin of 22.7%. Revenue declined 2.2% year over year. It earns a return on equity of 10.4%. Net debt stands at 3.7B CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥9.34 (bear case) to ¥19.33 (bull case); at ¥8.41, the current price sits below 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 11% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -40% fair-value upside, at 75%, 601827 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥10.38 ¥15.78 ¥23.27 80
Residual Income ¥6.38 ¥7.11 ¥10.89 76
Rev-Margin DCF ¥4.71 ¥7.39 ¥10.39 74
All 25 models by family
DCF Models
FCF DCF ¥10.07 ¥15.98 ¥24.60 38
Owner Earnings ¥8.07 ¥13.02 ¥20.25 31
5Y Revenue Exit ¥4.71 ¥7.19 ¥10.15 39
5Y EBITDA Exit ¥10.49 ¥17.64 ¥25.72 41
5Y P/E Exit ¥8.73 ¥14.46 ¥20.23 38
10Y Revenue Exit ¥6.46 ¥9.10 ¥12.24 36
10Y EBITDA Exit ¥10.22 ¥16.22 ¥23.76 37
10Y P/E Exit ¥9.11 ¥14.05 ¥19.70 35
Earnings-Based
Graham-Dodd ¥5.01 ¥13.03 ¥16.99 54
PEG = 1.0 ¥2.47 ¥3.53 ¥4.59 46
EPV ¥6.51 ¥7.97 ¥9.24 59
Dividend Discount
Gordon GGM ¥3.37 ¥6.75 ¥11.11 70
DDM Multi-Stage ¥3.37 ¥5.18 ¥7.12 61
Multiples
P/E Multiple ¥11.60 ¥15.46 ¥19.33 63
P/S Multiple ¥4.99 ¥6.65 ¥8.31 58
P/B Multiple ¥9.39 ¥12.52 ¥15.65 55
EV/EBIT ¥10.77 ¥15.10 ¥19.43 53
EV/EBITDA ¥12.48 ¥17.39 ¥22.29 54
EV/Revenue ¥1.97 ¥3.76 ¥5.56 43
Asset-Based
NCAV (Graham) ¥3.59 ¥4.82 ¥7.19 50
Growth DCF
Growth DCF ¥10.38 ¥15.78 ¥23.27 80
Rev-Margin DCF ¥4.71 ¥7.39 ¥10.39 74
Economic Profit
Residual Income ¥6.38 ¥7.11 ¥10.89 76
ROIC Compounder ¥6.51 ¥8.31 ¥10.71 72
Growth Earnings
Growth-Adj P/E ¥9.05 ¥12.92 ¥16.80 68

Widest divergence: DCF Models (¥14.05) versus Asset-Based (¥4.82). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 5.5B CNY
Revenue growth (YoY) -2.2%
Net margin 22.7%
Return on equity 10.4%
Free cash flow 1.9B CNY FY2025
P/E ratio 11.1
More key figures
Operating margin 38.7%
EPS (TTM) ¥0.7600
Dividend yield 3.2%
EPS growth (YoY) +8.3%
Net debt 3.7B CNY FY2025

Figures from reported company fundamentals · as of Aug 10, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 64 · Market factors (momentum, volatility) 53

Profitability 40
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 92
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

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

Chongqing Sanfeng Environment Group Corp., Ltd. engages in the waste incineration power generation and energy supply in China. The company engages in the construction and operation of waste incineration power generation plants.

Full company description

Chongqing Sanfeng Environment Group Corp., Ltd. engages in the waste incineration power generation and energy supply in China. The company engages in the construction and operation of waste incineration power generation plants. It also provides environmental sanitation and urban environmental services; engages in leachate treatment; and involves in waste collection and transfer activities, as well as researches and develops, manufactures, and sells core equipment for waste incineration power generation. The company was incorporated in 2009 and is headquartered in Chongqing, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chongqing Sanfeng Environment Group reported revenue of ¥5.6B in FY2025 versus ¥5.9B in FY2021, a compound −1.4%/yr. Reported net income was ¥1.2B in FY2025, compounding −0.1%/yr from FY2021.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
5.6B CNY
Latest YoY
−7.2%
Avg. growth/yr (3Y)
−2.6%
Avg. growth/yr (5Y)
+2.4%
Avg. growth/yr (10Y)
+10.7%
Revenue −1.4%/yr
FY21 ¥5.9B
FY22 ¥6.0B
FY23 ¥6.0B
FY24 ¥6.0B
FY25 ¥5.6B
Net income −0.1%/yr
FY21 ¥1.2B
FY22 ¥1.1B
FY23 ¥1.2B
FY24 ¥1.2B
FY25 ¥1.2B

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Cite: Fair Value Calculator (2026). "Chongqing Sanfeng Environment Group Fair Value". https://www.fairvalue-calculator.com/stock/601827

Peer Group

Waste Management · 169 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.

Quality Score 67 · Top 25%
Fair Value upside +75% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 23% · Top 25%
Operating margin (TTM) 39% · Top 25%
Revenue growth -2% · Below median
Dividend yield (TTM) 3.2% · Above median
Debt / equity 0.58× · Higher than median

Valuation Multiples vs Waste Management median · lower = cheaper

P/E (TTM) 11.1× · Cheaper than 75% of peers
P/B 1.17× · Cheaper than median
P/S (TTM) 2.55× · Pricier than median
P/FCF 1.1× · Cheaper than median
EV/EBITDA 7.1× · Cheaper than median

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.

VALUE 100 · sector 10
FUTURE 0 · sector 21
PAST 42 · sector 24
HEALTH 71 · sector 82
DIVIDEND 64 · sector 30

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Waste Management stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $233.33 $128.02 -45%
Republic Services, Inc RSG $219.20 $122.01 -44%
Waste Connections, Inc WCN C$242.43 C$78.67 -68%
Veolia Environnement SA VIE €37.51 €24.50 -35%
Clean Harbors, Inc CLH $303.64 $155.37 -49%
GFL Environmental Inc GFL C$55.40 C$94.12 +70%
Fomento de Construcciones y Contratas, S.A FCC €12.20 €7.30 -40%
GEM Co 002340 ¥6.32 ¥5.27 -17%
Zhejiang Weiming Environment Protection Co 603568 ¥16.18 ¥20.91 +29%
Cleanaway Waste Management Limited CWY A$2.34 A$1.18 -50%

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Frequently asked questions

Is Chongqing Sanfeng Environment Group (601827) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥14.68 versus a price of ¥8.41, about +75% (undervalued).
What is the fair value of 601827?
Our model-based fair value for Chongqing Sanfeng Environment Group is ¥14.68 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥8.41.
What is the quality score of 601827?
Chongqing Sanfeng Environment Group has a Quality Score of 67/100. 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 revenue of Chongqing Sanfeng Environment Group (601827)?
Chongqing Sanfeng Environment Group reported trailing-twelve-month revenue of about 5.5B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 601827?
The net profit margin of Chongqing Sanfeng Environment Group is about 22.7%, meaning it keeps roughly 22.7% of revenue as net income. Based on the latest reported figures.
Does Chongqing Sanfeng Environment Group pay a dividend?
Chongqing Sanfeng Environment Group currently shows a dividend yield of about 3.52% relative to its recent price (as of Aug 10, 2026).

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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