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Perfect Group (603059) Fair Value & Analysis

Consumer Defensive · CN · Market cap 2.5B CNY

PG Perfect Group 603059 · SHG
Price¥25.44
Fair Value¥22.43
Upside-11.8%
Quality62/100
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Healthy Growth
Thin margins · 7.5% net margin
Low debt · generates free cash flow
1.45% dividend yield
Mixed vs. peers (6/14)
Moderate moat 49/100
Evidence: High Range ¥15.86 – ¥28.99 Share as image

Fair value as of: Aug 10, 2026

From 26 valuation models · updated today

Fair value updated Aug 10, 2026, revised from ¥22.47 to ¥22.43 (−0.2%) since Jul 11, 2026. Share price +4.6% over the past month.

A solid business, but screening 12% overvalued on our models.

What matters now

  • A fairly wide model range (¥15.86 to ¥28.99) leaves room in how you read the outcome.
  • Our model range runs from ¥15.86 (bear) to ¥28.99 (bull), base ¥22.43. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 62/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥44.97 ¥15.97 Fair Value ¥22.43 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 ¥15.97 – ¥44.97 · fair‑value band ¥15.86 – ¥28.99 · the ¥25.44 price screens above the ¥22.43 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 10, 2026.

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Analysis

Perfect Group (603059) currently trades at ¥25.44, while our model-based Fair Value estimate is ¥22.43, implying the stock looks roughly 11.8% overvalued today. The Quality Score stands at 62/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Perfect Group generated revenue of 1.6B CNY at a net margin of 7.5%. Revenue grew 29.4% year over year. It earns a return on equity of 11.8%. Net debt stands at 385M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥15.86 (bear case) to ¥28.99 (bull case); at ¥25.44, 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 49% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at -12%, 603059 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 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
Highest evidence
Growth DCF ¥15.50 ¥26.39 ¥44.10 80
Residual Income ¥9.54 ¥10.64 ¥17.40 76
Rev-Margin DCF ¥14.82 ¥25.59 ¥39.67 74
All 26 models by family
DCF Models
FCF DCF ¥15.69 ¥27.85 ¥48.49 38
Owner Earnings ¥12.49 ¥22.09 ¥38.38 31
5Y Revenue Exit ¥14.82 ¥25.90 ¥41.03 39
5Y EBITDA Exit ¥19.17 ¥34.95 ¥54.98 41
5Y P/E Exit ¥16.62 ¥29.64 ¥44.67 38
10Y Revenue Exit ¥14.51 ¥25.04 ¥41.38 36
10Y EBITDA Exit ¥17.81 ¥31.56 ¥52.92 37
10Y P/E Exit ¥16.15 ¥27.74 ¥44.39 35
Earnings-Based
Graham-Dodd ¥7.76 ¥37.39 ¥51.49 54
Lynch FV ¥9.99 ¥14.27 ¥18.55 50
PEG = 1.0 ¥9.99 ¥14.27 ¥18.55 46
EPV ¥13.12 ¥15.12 ¥16.84 59
Dividend Discount
Gordon GGM ¥2.06 ¥4.11 ¥6.22 70
DDM Multi-Stage ¥2.06 ¥3.55 ¥4.34 61
Multiples
P/E Multiple ¥17.97 ¥23.96 ¥29.95 63
P/S Multiple ¥14.55 ¥19.40 ¥24.24 58
P/B Multiple ¥14.55 ¥19.40 ¥24.24 55
EV/EBIT ¥20.18 ¥26.75 ¥33.31 53
EV/EBITDA ¥22.57 ¥29.93 ¥37.29 54
EV/Revenue ¥14.54 ¥20.57 ¥26.59 43
Asset-Based
NCAV (Graham) ¥5.45 ¥7.31 ¥10.90 50
Growth DCF
Growth DCF ¥15.50 ¥26.39 ¥44.10 80
Rev-Margin DCF ¥14.82 ¥25.59 ¥39.67 74
Economic Profit
Residual Income ¥9.54 ¥10.64 ¥17.40 76
ROIC Compounder ¥14.13 ¥18.87 ¥25.10 72
Growth Earnings
Growth-Adj P/E ¥15.58 ¥22.26 ¥28.93 68

Widest divergence: DCF Models (¥27.74) versus Dividend Discount (¥3.55). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.6B CNY
Revenue growth (YoY) +29.4%
Net margin 7.5%
Return on equity 11.8%
Free cash flow 123M CNY FY2025
P/E ratio 21.7
More key figures
Operating margin 12.9%
EPS (TTM) ¥1.22
Dividend yield 1.3%
EPS growth (YoY) +66.7%
Net debt 385M CNY FY2025

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

Quality Score breakdown

Overall quality 62/100

Of which business quality 60 · Market factors (momentum, volatility) 32

Profitability 40
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 22
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

Perfect Group Corp., Ltd provides manual and electric toothbrushes in the People's Republic of China. It also offers toothpastes, oral care accessories, dental flosses, flossers, interdental brushes, denture tablets products, and personal care and medical wipes, as well as baby wipes and shampoo caps.

Full company description

Perfect Group Corp., Ltd provides manual and electric toothbrushes in the People's Republic of China. It also offers toothpastes, oral care accessories, dental flosses, flossers, interdental brushes, denture tablets products, and personal care and medical wipes, as well as baby wipes and shampoo caps. The company was founded in 1991 and is based in Yangzhou, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Perfect Group reported revenue of ¥1.5B in FY2025 versus ¥1.0B in FY2021, a compound +10.3%/yr. Reported net income was ¥115M in FY2025, compounding +11.3%/yr from FY2021.

Growth Quality 88/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.5B CNY
Latest YoY
+18.2%
Avg. growth/yr (3Y) 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.
+13.5%
Avg. growth/yr (5Y) 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.
+13.2%
Avg. growth/yr (12Y) 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.
+13.1%
Revenue +10.3%/yr
FY21 ¥1.0B
FY22 ¥1.0B
FY23 ¥1.1B
FY24 ¥1.3B
FY25 ¥1.5B
Net income +11.3%/yr
FY21 ¥74.8M
FY22 ¥97.3M
FY23 ¥92.5M
FY24 −¥77.3M
FY25 ¥115M
Character of growth · EPS growth decomposed (2013-2024) +6.6 % p.a.
Revenue per share +7.6 pp

of which total revenue +11.4 pp · buybacks/dilution −3.8 pp

EBIT margin −3.5 pp
Tax rate +2.5 pp
Residual (interest, one-offs) +0.0 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

603059 screens 12% overvalued. Compare with The Procter & Gamble Company →

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Cite: Fair Value Calculator (2026). "Perfect Group Fair Value". https://www.fairvalue-calculator.com/stock/603059

Peer Group

Household & Personal Products · 244 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 62 · Above median
Fair Value upside −12% · Below median
Return on equity (TTM) 12% · Above median
Return on assets 5% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 29% · Top 25%
Dividend yield (TTM) 1.5% · Below median
Debt / equity 0.06× · Higher than median

Valuation Multiples vs Household & Personal Products median · lower = cheaper

P/E (TTM) 20.2× · Pricier than median
P/B 2.26× · Pricier than median
P/S (TTM) 1.52× · Pricier than median
P/FCF 3.0× · Pricier than median
EV/EBITDA 10.5× · Pricier 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 18 · sector 28
FUTURE 100 · sector 4
PAST 47 · sector 26
HEALTH 97 · sector 98
DIVIDEND 29 · sector 50

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PG $146.80 $108.16 -26%
Unilever PLC ULN 1,080 MXN 1,273 MXN +18%
Hindustan Unilever Limited HINDUNILVR ₹2,144 ₹1,000 -53%
Essity AB ESSITYA kr 279.00 kr 250.02 -10%
Godrej Consumer Products Limited GODREJCP ₹1,088 ₹367.64 -66%
Marico Limited MARICO ₹846.75 ₹233.05 -72%
APR Co 278470 375,000 KRW 151,222 KRW -60%
Dabur India Limited DABUR ₹429.45 ₹181.60 -58%
Kimberly-Clark de México, S. A. B. de C. V., KIMBERA 38.07 MXN 50.09 MXN +32%
PT Unilever Indonesia Tbk UNVR 1,730 IDR 1,934 IDR +12%

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Frequently asked questions

Is Perfect Group (603059) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥22.43 versus a price of ¥25.44, about −12% (overvalued).
What is the fair value of 603059?
Our model-based fair value for Perfect Group is ¥22.43 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥25.44.
What is the quality score of 603059?
Perfect Group has a Quality Score of 62/100. 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 Perfect Group (603059)?
Perfect Group reported trailing-twelve-month revenue of about 1.6B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 603059?
The net profit margin of Perfect Group is about 7.5%, meaning it keeps roughly 7.5% of revenue as net income. Based on the latest reported figures.
Does Perfect Group pay a dividend?
Perfect Group currently shows a dividend yield of about 1.30% 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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