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Guangdong Marubi Biotechnology Co (603983) Fair Value & Analysis

Consumer Defensive · CN · Market cap 8.9B CNY

GM Guangdong Marubi Biotechnology Co 603983 · SHG
Price¥30.20
Fair Value¥12.71
Upside-57.9%
Quality68/100
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Expensive Growth
Thin margins · 6.1% net margin
Low debt · generates free cash flow
2.25% dividend yield
Trails peers (5/15)
Narrow moat 44/100
Evidence: High Range ¥7.57 – ¥15.94 Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 29 days ago

Share price +1.3% over the past month.

A solid business, but screening 58% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥15.94). The favourable scenario is already priced in.
  • Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥7.57 to ¥15.94) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥59.80 ¥19.12 Fair Value ¥12.71 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range ¥19.12 – ¥59.80 · fair‑value band ¥7.57 – ¥15.94 · the ¥30.20 price screens above the ¥12.71 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Guangdong Marubi Biotechnology Co (603983) currently trades at ¥30.20, while our model-based Fair Value estimate is ¥12.71, implying the stock looks roughly 57.9% overvalued today. The Quality Score stands at 68/100 (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, Guangdong Marubi Biotechnology Co generated revenue of 3.5B CNY at a net margin of 6.1%. Revenue grew 4.1% year over year. It earns a return on equity of 6.0%. The balance sheet holds a net cash position of 1.2B CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥7.57 (bear case) to ¥15.94 (bull case); at ¥30.20, 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 34% below its 52-week high and 42% 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 -58%, 603983 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 ¥4.89 ¥6.53 ¥9.25 80
Residual Income ¥6.78 ¥7.20 ¥7.71 76
Rev-Margin DCF ¥7.33 ¥11.62 ¥17.34 74
All 26 models by family
DCF Models
FCF DCF ¥4.93 ¥6.79 ¥10.03 38
Owner Earnings ¥6.08 ¥8.93 ¥13.90 31
5Y Revenue Exit ¥7.33 ¥11.84 ¥18.22 39
5Y EBITDA Exit ¥8.30 ¥13.88 ¥21.17 41
5Y P/E Exit ¥9.56 ¥16.56 ¥24.89 38
10Y Revenue Exit ¥6.29 ¥10.27 ¥16.85 36
10Y EBITDA Exit ¥7.12 ¥11.75 ¥19.33 37
10Y P/E Exit ¥7.95 ¥13.70 ¥22.47 35
Earnings-Based
Graham-Dodd ¥4.19 ¥21.50 ¥29.71 54
Lynch FV ¥5.86 ¥8.37 ¥10.88 50
PEG = 1.0 ¥5.86 ¥8.37 ¥10.88 46
EPV ¥7.64 ¥8.41 ¥9.07 59
Dividend Discount
Gordon GGM ¥6.59 ¥13.13 ¥19.88 70
DDM Multi-Stage ¥6.59 ¥11.35 ¥13.86 61
Multiples
P/E Multiple ¥9.71 ¥12.95 ¥16.18 63
P/S Multiple ¥7.86 ¥10.48 ¥13.10 58
P/B Multiple ¥7.86 ¥10.48 ¥13.10 55
EV/EBIT ¥10.82 ¥13.51 ¥16.20 53
EV/EBITDA ¥10.45 ¥13.02 ¥15.59 54
EV/Revenue ¥8.51 ¥10.98 ¥13.45 43
Asset-Based
NCAV (Graham) ¥4.15 ¥5.57 ¥8.31 50
Growth DCF
Growth DCF ¥4.89 ¥6.53 ¥9.25 80
Rev-Margin DCF ¥7.33 ¥11.62 ¥17.34 74
Economic Profit
Residual Income ¥6.78 ¥7.20 ¥7.71 76
ROIC Compounder ¥7.64 ¥8.54 ¥10.14 72
Growth Earnings
Growth-Adj P/E ¥8.83 ¥12.61 ¥16.40 68

Widest divergence: Growth Earnings (¥12.61) versus Asset-Based (¥5.57). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 3.5B CNY
Revenue growth (YoY) +4.1%
Net margin 6.1%
Return on equity 6.0%
Free cash flow 68.6M CNY FY2025
P/E ratio 42.1
More key figures
Operating margin 13.5%
EPS (TTM) ¥0.5300
Dividend yield 2.3%
EPS growth (YoY) -26.5%
Net cash 1.2B CNY FY2024

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 66 · Market factors (momentum, volatility) 40

Profitability 54
Margins and returns on capital today
Quality Growth 72
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 83
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

Guangdong Marubi Biotechnology Co., Ltd. engages in the research and development, design, production, sale, and service of various cosmetics in China. The company offers eye care, skincare, cleansing, and beauty and other products. It sells its products under the Marubi, Lianhuo, Chunji, and Passional Lover brands.

Full company description

Guangdong Marubi Biotechnology Co., Ltd. engages in the research and development, design, production, sale, and service of various cosmetics in China. The company offers eye care, skincare, cleansing, and beauty and other products. It sells its products under the Marubi, Lianhuo, Chunji, and Passional Lover brands. The company was founded in 2002 and is based in Guangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangdong Marubi Biotechnology Co reported revenue of ¥3.5B in FY2025 versus ¥1.8B in FY2021, a compound +18.0%/yr. Reported net income was ¥247M in FY2025, compounding −0.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
3.5B CNY
Latest YoY
+16.5%
Avg. growth/yr (3Y)
+25.9%
Avg. growth/yr (5Y)
+14.7%
Avg. growth/yr (14Y)
+13.2%
Revenue +18.0%/yr
FY21 ¥1.8B
FY22 ¥1.7B
FY23 ¥2.2B
FY24 ¥3.0B
FY25 ¥3.5B
Net income −0.1%/yr
FY21 ¥248M
FY22 ¥174M
FY23 ¥259M
FY24 ¥342M
FY25 ¥247M

603983 screens 58% overvalued. Compare with The Procter & Gamble Company →

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Cite: Fair Value Calculator (2026). "Guangdong Marubi Biotechnology Co Fair Value". https://www.fairvalue-calculator.com/stock/603983

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 68 · Top 25%
Fair Value upside −58% · Bottom 25%
Return on equity (TTM) 6% · Below median
Return on assets 3% · Below median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 4% · Above median
Dividend yield (TTM) 2.3% · Below median
Debt / equity 0.04× · Higher than median

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

P/E (TTM) 42.1× · Pricier than 75% of peers
P/B 2.68× · Pricier than median
P/S (TTM) 2.56× · Pricier than 75% of peers
P/FCF 19.3× · Pricier than 75% of peers
EV/EBITDA 30.1× · Pricier than 75% of peers
PEG 1.51× · 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 0 · sector 28
FUTURE 21 · sector 4
PAST 24 · sector 26
HEALTH 98 · sector 98
DIVIDEND 45 · sector 50

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Jul 12, 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 Guangdong Marubi Biotechnology Co (603983) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥12.71 versus a price of ¥30.20, about −58% (overvalued).
What is the fair value of 603983?
Our model-based fair value for Guangdong Marubi Biotechnology Co is ¥12.71 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥30.20.
What is the quality score of 603983?
Guangdong Marubi Biotechnology Co has a Quality Score of 68/100. 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 Guangdong Marubi Biotechnology Co (603983)?
Guangdong Marubi Biotechnology Co reported trailing-twelve-month revenue of about 3.5B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 603983?
The net profit margin of Guangdong Marubi Biotechnology Co is about 6.1%, meaning it keeps roughly 6.1% of revenue as net income. Based on the latest reported figures.
Does Guangdong Marubi Biotechnology Co pay a dividend?
Guangdong Marubi Biotechnology Co currently shows a dividend yield of about 2.25% relative to its recent price (as of Jul 12, 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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