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Yindu Kitchen Equipment Co (603277) Fair Value & Analysis

Industrials · CN · Market cap 6.4B CNY

YK Yindu Kitchen Equipment Co 603277 · SHG
Price¥10.49
Fair Value¥11.39
Upside+8.6%
Quality54/100
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Mixed Growth
Solidly profitable · 12.0% net margin
Low debt · generates free cash flow
6.54% dividend yield
Ranks above peers (12/14)
Moderate moat 56/100
Evidence: High Range ¥7.11 – ¥15.46 Share as image

Fair value as of: Aug 10, 2026

From 26 valuation models · updated today

Share price +1.5% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (¥7.11 to ¥15.46) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥23.85 ¥8.03 Fair Value ¥11.39 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 ¥8.03 – ¥23.85 · fair‑value band ¥7.11 – ¥15.46 · the ¥10.49 price screens below the ¥11.39 fair value. Dashed = 300-day average. As of Aug 10, 2026.

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Analysis

Yindu Kitchen Equipment Co (603277) currently trades at ¥10.49, while our model-based Fair Value estimate is ¥11.39, implying the stock looks roughly 8.6% fairly valued today. The Quality Score stands at 54/100 (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, Yindu Kitchen Equipment Co generated revenue of 2.7B CNY at a net margin of 12.0%. Revenue grew 2.0% year over year. It earns a return on equity of 11.2%. The balance sheet holds a net cash position of 693M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥7.11 (bear case) to ¥15.46 (bull case); at ¥10.49, 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 48% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 9%, 603277 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 ¥7.24 ¥11.07 ¥16.82 80
Residual Income ¥4.96 ¥6.06 ¥12.15 76
Rev-Margin DCF ¥6.34 ¥9.89 ¥14.12 74
All 26 models by family
DCF Models
FCF DCF ¥7.19 ¥11.15 ¥17.17 38
Owner Earnings ¥10.92 ¥17.08 ¥26.45 31
5Y Revenue Exit ¥6.34 ¥9.89 ¥14.46 39
5Y EBITDA Exit ¥8.80 ¥14.61 ¥21.54 41
5Y P/E Exit ¥10.11 ¥17.13 ¥24.71 38
10Y Revenue Exit ¥6.42 ¥9.73 ¥14.29 36
10Y EBITDA Exit ¥8.14 ¥12.98 ¥19.72 37
10Y P/E Exit ¥8.96 ¥14.72 ¥22.15 35
Earnings-Based
Graham-Dodd ¥5.39 ¥19.15 ¥25.79 54
Lynch FV ¥4.50 ¥6.42 ¥8.35 50
PEG = 1.0 ¥4.50 ¥6.42 ¥8.35 46
EPV ¥6.47 ¥7.41 ¥8.22 59
Dividend Discount
Gordon GGM ¥6.20 ¥12.34 ¥18.69 70
DDM Multi-Stage ¥6.20 ¥10.67 ¥13.03 61
Multiples
P/E Multiple ¥12.49 ¥16.65 ¥20.82 63
P/S Multiple ¥6.67 ¥8.90 ¥11.12 58
P/B Multiple ¥10.11 ¥13.48 ¥16.85 55
EV/EBIT ¥10.70 ¥14.10 ¥17.50 53
EV/EBITDA ¥10.73 ¥14.14 ¥17.55 54
EV/Revenue ¥6.10 ¥8.50 ¥10.90 43
Asset-Based
NCAV (Graham) ¥2.32 ¥3.11 ¥4.64 50
Growth DCF
Growth DCF ¥7.24 ¥11.07 ¥16.82 80
Rev-Margin DCF ¥6.34 ¥9.89 ¥14.12 74
Economic Profit
Residual Income ¥4.96 ¥6.06 ¥12.15 76
ROIC Compounder ¥6.92 ¥8.76 ¥11.06 72
Growth Earnings
Growth-Adj P/E ¥8.66 ¥12.37 ¥16.08 68

Widest divergence: Multiples (¥13.48) versus Asset-Based (¥3.11). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.7B CNY
Revenue growth (YoY) +2.0%
Net margin 12.0%
Return on equity 11.2%
Free cash flow 368M CNY FY2025
P/E ratio 27.3
More key figures
Operating margin 16.7%
EPS (TTM) ¥0.4000
Dividend yield 6.4%
EPS growth (YoY) -85.1%
Net cash 693M CNY FY2024

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 56 · Market factors (momentum, volatility) 31

Profitability 60
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 0
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

Yindu Kitchen Equipment Co., Ltd, together with its subsidiaries, engages in the research, development, production, sale, and service of commercial catering equipment in China and Internationally.

Full company description

Yindu Kitchen Equipment Co., Ltd, together with its subsidiaries, engages in the research, development, production, sale, and service of commercial catering equipment in China and Internationally. The company offers commercial refrigeration equipment, which include commercial refrigerators, display cabinets, cake cabinets, ice makers, and other related products; western kitchen equipment, such as ovens, griddles, fryers, clay pot ovens, and other related products; and buffet equipment including buffet stoves, soup stoves, juice dispensers, dining carts, serving plates, and other related products. It offers its products under the Yindu Catering Equipment, Isa, and Five Arrows brands. The company exports its products to approximately 80 countries. Yindu Kitchen Equipment Co., Ltd was founded in 2003 and is headquartered in Hangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yindu Kitchen Equipment Co reported revenue of ¥2.7B in FY2025 versus ¥2.5B in FY2021, a compound +2.6%/yr. Reported net income was ¥487M in FY2025, compounding +4.3%/yr from FY2021.

Growth Quality 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
2.7B CNY
Latest YoY
−0.8%
Avg. growth/yr (3Y)
+0.8%
Avg. growth/yr (5Y)
+11.1%
Avg. growth/yr (12Y)
+13.6%
Revenue +2.6%/yr
FY21 ¥2.5B
FY22 ¥2.7B
FY23 ¥2.7B
FY24 ¥2.8B
FY25 ¥2.7B
Net income +4.3%/yr
FY21 ¥412M
FY22 ¥450M
FY23 ¥511M
FY24 ¥541M
FY25 ¥487M

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Cite: Fair Value Calculator (2026). "Yindu Kitchen Equipment Co Fair Value". https://www.fairvalue-calculator.com/stock/603277

Peer Group

Specialty Industrial Machinery · 809 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 54 · Above median
Fair Value upside +9% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 6.5% · Top 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 26.2× · Cheaper than median
P/B 2.25× · Cheaper than median
P/S (TTM) 2.34× · Pricier than median
P/FCF 2.6× · Cheaper than median
EV/EBITDA 11.5× · 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 45 · sector 0
FUTURE 10 · sector 23
PAST 45 · sector 28
HEALTH 98 · sector 96
DIVIDEND 100 · sector 24

Insider activity: 40/100

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).

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Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
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Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Yindu Kitchen Equipment Co (603277) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥11.39 versus a price of ¥10.49, about +9% (fairly valued).
What is the fair value of 603277?
Our model-based fair value for Yindu Kitchen Equipment Co is ¥11.39 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥10.49.
What is the quality score of 603277?
Yindu Kitchen Equipment Co has a Quality Score of 54/100. 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 Yindu Kitchen Equipment Co (603277)?
Yindu Kitchen Equipment Co reported trailing-twelve-month revenue of about 2.7B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 603277?
The net profit margin of Yindu Kitchen Equipment Co is about 12.0%, meaning it keeps roughly 12.0% of revenue as net income. Based on the latest reported figures.
Does Yindu Kitchen Equipment Co pay a dividend?
Yindu Kitchen Equipment Co currently shows a dividend yield of about 6.39% 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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