Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd stock ¥3.61, price ¥4.28, that is 15.6% below the price, quality 59 out of 100. Rating: overvalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd
603878 · SHGOur calculation puts a fair price 16% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range ¥3.37 – ¥12.25 · fair‑value band ¥2.55 – ¥4.49 · the ¥4.28 price screens above the ¥3.61 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Every Wednesday you see whether Jiang Su Wujin Stainless Steel Pipe Group Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. researches, develops, manufactures, and sells industrial stainless steel pipes and fittings in China and internationally.
Show moreShow less
The company's product portfolio includes stainless steel seamless pipes, industrial stainless steel welded pipes, and steel pipe fittings and flanges.
Its products are primarily used in petroleum, chemical, natural gas, electric power equipment manufacturing, and mechanical equipment manufacturing industries. The company was founded in 1970 and is based in Changzhou, China.
Stock analysis
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) currently trades at ¥4.28, while our model-based Fair Value estimate is ¥3.61, 16% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of ¥5.13 per share, and 8 of the 25 models we run sit above the ¥4.28 price.
Bear case: the Dividend Discount group reads lowest at ¥0.9300, and 17 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥2.55 (bear) to ¥4.49 (bull), the price of ¥4.28 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd reported revenue of 2.3B CNY in FY2025 versus 2.7B CNY in FY2021, a compound −3.8%/yr. Reported net income was 78.1M CNY in FY2025, compounding −18.4%/yr from FY2021.
Key figures
Market cap 2.4B CNY (≈ $358M) Small · P/S ratio 1.21 · EPS (TTM) ¥−0.0800 · Dividend yield 1.2% · Net margin −2.2% · Return on equity −1.7% · Return on assets (EBIT) 5.4% (5-year average) · Operating margin −9.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 17 out of 100 (medium confidence).
What moves the price
The share trades about 61% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at −16%, 603878 screens cheaper than that median.
Fair Value models
All 25 models by family
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
603878 screens overvalued: fair value 16% below the price. Compare with Nucor Corporation →
Compare Jiang Su Wujin Stainless Steel Pipe Group Co Ltd with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Steel · 410 stocks
Valuation Multiplesvs Steel median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/B ratio by industry
- Net margin by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Chinese Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Steel stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Baoshan Iron & Steel Co 600019 | ¥6.11 | ¥8.07 | +32% | vs 603878 |
| POSCO Holdings PKX | $48.90 | $44.09 | −10% | vs 603878 |
| Tata Steel Limited TATASTEEL | ₹186.30 | ₹148.06 | −21% | vs 603878 |
| JSW Steel Limited JSWSTEEL | ₹1,357 | ₹1,029 | −24% | vs 603878 |
| ArcelorMittal S.A MT | €54.82 | €36.10 | −34% | vs 603878 |
| Reliance, Inc RS | $417.00 | $211.54 | −49% | vs 603878 |
| Nucor Corporation NUE | $244.97 | $116.49 | −52% | vs 603878 |
| Jindal Steel Limited JINDALSTEL | ₹1,165 | ₹516.03 | −56% | vs 603878 |
| Steel Dynamics, Inc STLD | $222.90 | $89.54 | −60% | vs 603878 |
| Inner Mongolia Baotou Steel Union Co 600010 | ¥1.99 | ¥0.5400 | −73% | vs 603878 |
Explore undervalued stocks
More undervalued Basic Materials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) overvalued or undervalued?
What is the fair value of 603878?
What is the quality score of 603878?
What is the price target for Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What is the Jiang Su Wujin Stainless Steel Pipe Group Co Ltd stock forecast for 2026?
What is the revenue of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
Does Jiang Su Wujin Stainless Steel Pipe Group Co Ltd pay a dividend?
How much is the dividend of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) and when is the ex-dividend date?
What growth is priced into Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What discount rate (WACC) does the fair value of 603878 use?
What is a reverse DCF?
How much growth has Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) delivered so far?
How fast is the sector of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) growing?
What is the free cash flow yield of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What is the intrinsic value of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
Is Jiang Su Wujin Stainless Steel Pipe Group Co Ltd stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 603878?
How much is Jiang Su Wujin Stainless Steel Pipe Group Co Ltd worth?
What do the bullish and bearish scenarios say about 603878?
How solid is the balance sheet of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
How far is 603878 from its 52-week high?
Which stocks are comparable to Jiang Su Wujin Stainless Steel Pipe Group Co Ltd?
Is Jiang Su Wujin Stainless Steel Pipe Group Co Ltd stock attractive at the current price?
How is the fair value of 603878 calculated?
Is it still worth investing in stocks now?
What is the share price of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What should I pay attention to with Jiang Su Wujin Stainless Steel Pipe Group Co Ltd right now?
Where does the earnings growth of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) come from?
Key figures of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd
How large is the market capitalisation of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What is the P/S ratio of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What are the earnings per share of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What is the dividend yield of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What is the net margin of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What is the return on equity of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What is the EBIT return on assets of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
What is the operating margin of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
How fast is revenue growing at Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
How fast are earnings growing at Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878)?
How much net debt does Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) carry?
Watch Jiang Su Wujin Stainless Steel Pipe Group Co Ltd in the live analysis
One click puts Jiang Su Wujin Stainless Steel Pipe Group Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.