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Autobio Diagnostics Co (603658) Fair Value & Analysis

Healthcare · CN · Market cap 18.3B CNY

AD Autobio Diagnostics Co 603658 · SHG
Price¥32.43
Fair Value¥34.71
Upside+7.0%
Quality67/100
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Mixed Growth
Highly profitable · 24.5% net margin
Low debt · generates free cash flow
4.19% dividend yield
Ranks above peers (11/14)
Wide moat 68/100
Evidence: High Range ¥25.68 – ¥43.30 Share as image

Fair value as of: Jul 11, 2026

From 26 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from ¥40.03 to ¥34.71 (−13.3%) since Jun 24, 2026. Share price +5.1% 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.
  • Our model range runs from ¥25.68 (bear) to ¥43.30 (bull), base ¥34.71. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 67/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥98.68 ¥28.72 Fair Value ¥34.71 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range ¥28.72 – ¥98.68 · fair‑value band ¥25.68 – ¥43.30 · the ¥32.43 price screens below the ¥34.71 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Autobio Diagnostics Co (603658) currently trades at ¥32.43, while our model-based Fair Value estimate is ¥34.71, implying the stock looks roughly 7.0% fairly valued today. The Quality Score stands at 67/100 (solid quality), in the Healthcare 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, Autobio Diagnostics Co generated revenue of 4.2B CNY at a net margin of 24.5%. Revenue declined 0.4% year over year. It earns a return on equity of 11.6%. The balance sheet holds a net cash position of 212M CNY. Fundamentals as of Jul 11, 2026

Our scenario range runs from ¥25.68 (bear case) to ¥43.30 (bull case); at ¥32.43, 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 24% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -22% fair-value upside, at 7%, 603658 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 ¥18.48 ¥38.15 ¥70.41 80
Residual Income ¥14.52 ¥16.88 ¥29.30 76
Rev-Margin DCF ¥17.00 ¥31.95 ¥53.27 74
All 26 models by family
DCF Models
FCF DCF ¥19.10 ¥34.33 ¥74.00 38
Owner Earnings ¥24.00 ¥50.38 ¥102.43 31
5Y Revenue Exit ¥17.00 ¥32.58 ¥55.30 39
5Y EBITDA Exit ¥25.87 ¥52.59 ¥89.18 41
5Y P/E Exit ¥26.61 ¥54.41 ¥89.05 38
10Y Revenue Exit ¥16.96 ¥32.75 ¥58.24 36
10Y EBITDA Exit ¥23.67 ¥48.29 ¥91.18 37
10Y P/E Exit ¥24.18 ¥49.58 ¥91.05 35
Earnings-Based
Graham-Dodd ¥12.71 ¥78.55 ¥109.63 54
Lynch FV ¥22.56 ¥32.22 ¥41.89 50
PEG = 1.0 ¥22.56 ¥32.22 ¥41.89 46
EPV ¥17.47 ¥20.36 ¥22.88 59
Dividend Discount
Gordon GGM ¥11.68 ¥24.28 ¥38.51 70
DDM Multi-Stage ¥11.68 ¥20.47 ¥25.48 61
Multiples
P/E Multiple ¥30.84 ¥41.12 ¥51.40 63
P/S Multiple ¥19.42 ¥25.89 ¥32.36 58
P/B Multiple ¥23.83 ¥31.77 ¥39.72 55
EV/EBIT ¥25.91 ¥34.50 ¥43.08 53
EV/EBITDA ¥29.90 ¥39.82 ¥49.73 54
EV/Revenue ¥15.69 ¥22.34 ¥29.00 43
Asset-Based
NCAV (Graham) ¥7.81 ¥10.47 ¥15.62 50
Growth DCF
Growth DCF ¥18.48 ¥38.15 ¥70.41 80
Rev-Margin DCF ¥17.00 ¥31.95 ¥53.27 74
Economic Profit
Residual Income ¥14.52 ¥16.88 ¥29.30 76
ROIC Compounder ¥18.90 ¥27.33 ¥34.50 72
Growth Earnings
Growth-Adj P/E ¥33.08 ¥47.25 ¥61.43 68

Widest divergence: DCF Models (¥48.29) versus Asset-Based (¥10.47). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 4.2B CNY
Revenue growth (YoY) -0.4%
Net margin 24.5%
Return on equity 11.6%
Free cash flow 737M CNY FY2025
P/E ratio 17.7
More key figures
Operating margin 25.0%
EPS (TTM) ¥1.81
Dividend yield 4.2%
EPS growth (YoY) -12.8%
Net cash 212M CNY FY2024

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 65 · Market factors (momentum, volatility) 44

Profitability 53
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 90
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

Autobio Diagnostics Co., Ltd. engages in the research and development, production, marketing, sale, and service of clinical diagnostic products in China and internationally.

Full company description

Autobio Diagnostics Co., Ltd. engages in the research and development, production, marketing, sale, and service of clinical diagnostic products in China and internationally. The company offers immunoassay, biochemistry, and microbiology products; reagents and instruments; and technical and support, and training services, as well as engages in biology research and development activities. Its immunoassay products consist of AutoLumo S900 and AutoLumo A1860 that provides user experience for small and medium size labs; AutoLumo A6200/A6600, an automatic immunoassay analyzer; AutoLumo A2000 Plus, an automated chemiluminescence immunoassay analyzer; PHOmo microplate readers; LUmo microplate luminometers; and iWO and iWO-960 microplate washers. The company's microbiology products include AutoMic-I60 for microbial identification and antibiotic susceptibility testing; AutoStreak S1800, a microbial sample pretreatment system; Autof T series and MALDI-TOF MS system for the identification of pathogenic bacteria; AutoMimo 1200, an instrument for improving pipetting efficiency and optimize workflow in the lab; BC60, an automatic blood culture instrument; and BC120, an automated bacterial culturing and detection. It also provides blood culture bottles and mycoplasma TIES reagents; AutoMolec 1600, an integrated and automated molecular diagnostics analyzer; AutoMolec 3000, an in vitro molecular detection instrument; Ci-120x and Ci-310 benchtop coagulation analyzers; and Autolas Bi 1000, Autolas Bi2600, AutoChem B861, and AutoChem B2000 automated biochemistry analyzers. The company was formerly known as Lifeclone Diagnostics Co., Ltd. and changed its name to Autobio Diagnostics Co., Ltd. in 2003. Autobio Diagnostics Co., Ltd. was founded in 1998 and is headquartered in Zhengzhou, China. Autobio Diagnostics Co., Ltd. operates as a subsidiary of Zhengzhou Autobio Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Autobio Diagnostics Co reported revenue of ¥4.2B in FY2025 versus ¥3.8B in FY2021, a compound +2.9%/yr. Reported net income was ¥1.1B in FY2025, compounding +2.3%/yr from FY2021.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
4.2B CNY
Latest YoY
−5.5%
Avg. growth/yr (3Y)
−1.6%
Avg. growth/yr (5Y)
+7.3%
Avg. growth/yr (14Y)
+23.8%
Revenue +2.9%/yr
FY21 ¥3.8B
FY22 ¥4.4B
FY23 ¥4.4B
FY24 ¥4.5B
FY25 ¥4.2B
Net income +2.3%/yr
FY21 ¥974M
FY22 ¥1.2B
FY23 ¥1.2B
FY24 ¥1.2B
FY25 ¥1.1B

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Cite: Fair Value Calculator (2026). "Autobio Diagnostics Co Fair Value". https://www.fairvalue-calculator.com/stock/603658

Peer Group

Medical Devices · 351 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 +7% · Top 25%
Return on equity (TTM) 12% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth -0% · Below median
Dividend yield (TTM) 4.2% · Top 25%
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/E (TTM) 17.7× · Cheaper than median
P/B 2.05× · Pricier than median
P/S (TTM) 4.33× · Pricier than 75% of peers
P/FCF 3.7× · Cheaper than median
EV/EBITDA 12.3× · 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 43 · sector 0
FUTURE 0 · sector 27
PAST 46 · sector 8
HEALTH 97 · sector 97
DIVIDEND 84 · sector 38

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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%
Getinge AB GETIB kr 206.80 kr 192.14 -7%

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Frequently asked questions

Is Autobio Diagnostics Co (603658) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of ¥34.71 versus a price of ¥32.43, about +7% (fairly valued).
What is the fair value of 603658?
Our model-based fair value for Autobio Diagnostics Co is ¥34.71 (as of Jul 11, 2026), built from audited fundamentals. The current price is ¥32.43.
What is the quality score of 603658?
Autobio Diagnostics Co 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 Autobio Diagnostics Co (603658)?
Autobio Diagnostics Co reported trailing-twelve-month revenue of about 4.2B CNY (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 603658?
The net profit margin of Autobio Diagnostics Co is about 24.5%, meaning it keeps roughly 24.5% of revenue as net income. Based on the latest reported figures.
Does Autobio Diagnostics Co pay a dividend?
Autobio Diagnostics Co currently shows a dividend yield of about 4.19% relative to its recent price (as of Jul 11, 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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