EN DE

Zhejiang Tenchen Controls Co (603085) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 4.0B CNY

ZT Zhejiang Tenchen Controls Co 603085 · SHG
Price¥9.97
Fair Value¥4.70
Upside-52.9%
Quality60/100
Watch Zhejiang Tenchen Controls Co for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 2.7% net margin
Low debt · generates free cash flow
Trails peers (5/13)
Narrow moat 39/100
Evidence: High Range ¥3.53 – ¥5.88 Share as image

Fair value as of: Aug 10, 2026

From 26 valuation models · updated today

Share price −6.7% over the past month.

A solid business, but screening 53% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥5.88). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥15.38 ¥5.69 Fair Value ¥4.70 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 ¥5.69 – ¥15.38 · fair‑value band ¥3.53 – ¥5.88 · the ¥9.97 price screens above the ¥4.70 fair value. Dashed = 300-day average. As of Aug 10, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Zhejiang Tenchen Controls Co (603085) currently trades at ¥9.97, while our model-based Fair Value estimate is ¥4.70, implying the stock looks roughly 52.9% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Consumer Cyclical 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, Zhejiang Tenchen Controls Co generated revenue of 3.3B CNY at a net margin of 2.7%. Revenue grew 44.7% year over year. It earns a return on equity of 9.7%. Net debt stands at 212M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥3.53 (bear case) to ¥5.88 (bull case); at ¥9.97, the current price sits above 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 33% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -53%, 603085 screens richer 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 ¥17.84 ¥32.06 ¥59.90 80
Residual Income ¥1.98 ¥2.16 ¥2.81 76
Rev-Margin DCF ¥8.12 ¥13.93 ¥22.88 74
All 26 models by family
DCF Models
FCF DCF ¥18.99 ¥29.24 ¥61.19 38
Owner Earnings ¥5.02 ¥11.11 ¥23.44 31
5Y Revenue Exit ¥8.12 ¥12.15 ¥20.07 39
5Y EBITDA Exit ¥10.38 ¥16.82 ¥28.97 41
5Y P/E Exit ¥7.89 ¥13.49 ¥20.37 38
10Y Revenue Exit ¥11.18 ¥19.05 ¥24.09 36
10Y EBITDA Exit ¥12.92 ¥23.56 ¥42.03 37
10Y P/E Exit ¥11.17 ¥18.58 ¥30.20 35
Earnings-Based
Graham-Dodd ¥1.45 ¥10.14 ¥14.23 54
Lynch FV ¥3.46 ¥4.94 ¥6.43 50
PEG = 1.0 ¥3.46 ¥4.94 ¥6.43 46
EPV ¥3.24 ¥3.75 ¥4.19 59
Dividend Discount
Gordon GGM ¥0.5000 ¥1.00 ¥1.52 70
DDM Multi-Stage ¥0.5000 ¥0.8700 ¥1.06 61
Multiples
P/E Multiple ¥3.53 ¥4.70 ¥5.88 63
P/S Multiple ¥2.73 ¥3.63 ¥4.54 58
P/B Multiple ¥2.73 ¥3.63 ¥4.54 55
EV/EBIT ¥5.34 ¥7.12 ¥8.90 53
EV/EBITDA ¥6.99 ¥9.32 ¥11.65 54
EV/Revenue ¥3.60 ¥5.15 ¥6.69 43
Asset-Based
NCAV (Graham) ¥1.17 ¥1.57 ¥2.35 50
Growth DCF
Growth DCF ¥17.84 ¥32.06 ¥59.90 80
Rev-Margin DCF ¥8.12 ¥13.93 ¥22.88 74
Economic Profit
Residual Income ¥1.98 ¥2.16 ¥2.81 76
ROIC Compounder ¥3.94 ¥5.76 ¥7.02 72
Growth Earnings
Growth-Adj P/E ¥4.62 ¥6.61 ¥8.59 68

Widest divergence: DCF Models (¥16.82) versus Dividend Discount (¥0.8700). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 3.3B CNY
Revenue growth (YoY) +44.7%
Net margin 2.7%
Return on equity 9.7%
Free cash flow 474M CNY FY2025
P/E ratio 43.3
More key figures
Operating margin 6.9%
EPS (TTM) ¥0.2300
EPS growth (YoY) +20.0%
Net debt 212M CNY FY2025

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 59 · Market factors (momentum, volatility) 37

Profitability 36
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 73
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

Zhejiang Tenchen Controls Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, and service of automobile seats in China, the United Kingdom, and internationally.

Full company description

Zhejiang Tenchen Controls Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, and service of automobile seats in China, the United Kingdom, and internationally. The company offers construction machinery seats for excavators, shovel, industrial vehicles, off-highway mining, and agricultural machinery; commercial vehicle seats for heavy and light trucks, buses, and trains; passenger car seats; aircraft seats; child safety seats; frames and mechanism products comprising frames, sliders, recliners, and height adjusters; foam and seat covers; and lightweight products, such as carbon fiber and aluminum alloy products. It exports its products. Zhejiang Tenchen Controls Co., Ltd. was founded in 1984 and is headquartered in Tiantai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Tenchen Controls Co reported revenue of ¥3.0B in FY2025 versus ¥1.7B in FY2021, a compound +15.4%/yr. Reported net income was ¥84.9M in FY2025, compounding +31.7%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
3.0B CNY
Latest YoY
+35.4%
Avg. growth/yr (3Y)
+28.4%
Avg. growth/yr (5Y)
+16.2%
Avg. growth/yr (14Y)
+19.4%
Revenue +15.4%/yr
FY21 ¥1.7B
FY22 ¥1.4B
FY23 ¥1.4B
FY24 ¥2.2B
FY25 ¥3.0B
Net income +31.7%/yr
FY21 ¥28.2M
FY22 −¥273M
FY23 ¥14.2M
FY24 −¥16.5M
FY25 ¥84.9M

603085 screens 53% overvalued. Compare with Hyundai Mobis Co →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Zhejiang Tenchen Controls Co Fair Value". https://www.fairvalue-calculator.com/stock/603085

Peer Group

Auto Parts · 642 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 60 · Top 25%
Fair Value upside −53% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 3% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 45% · Top 25%
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 43.3× · Pricier than 75% of peers
P/B 4.25× · Pricier than 75% of peers
P/S (TTM) 1.21× · Pricier than median
P/FCF 1.2× · Cheaper than median
EV/EBITDA 13.4× · 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 0 · sector 17
FUTURE 100 · sector 23
PAST 39 · sector 26
HEALTH 89 · sector 95
DIVIDEND 0 · sector 30

VALUE 0: the price sits above our fair-value range.

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 Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

Compare Zhejiang Tenchen Controls Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Zhejiang Tenchen Controls Co (603085) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥4.70 versus a price of ¥9.97, about −53% (overvalued).
What is the fair value of 603085?
Our model-based fair value for Zhejiang Tenchen Controls Co is ¥4.70 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥9.97.
What is the quality score of 603085?
Zhejiang Tenchen Controls Co 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 revenue of Zhejiang Tenchen Controls Co (603085)?
Zhejiang Tenchen Controls Co reported trailing-twelve-month revenue of about 3.3B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 603085?
The net profit margin of Zhejiang Tenchen Controls Co is about 2.7%, meaning it keeps roughly 2.7% of revenue as net income. Based on the latest reported figures.

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.

14 days Pro free · no card

Track Zhejiang Tenchen Controls Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.