Joinn Laboratories China Co Ltd (6127) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Joinn Laboratories China Co Ltd HK$27.32, price HK$30.80, upside -11.3%, quality 66 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Joinn Laboratories China Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 1, 2026.
How to read this chart
60‑month range HK$6.45 – HK$65.05 · fair‑value band HK$17.66 – HK$36.30 · the HK$30.80 price screens above the HK$27.32 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 1, 2026.
Follow Joinn Laboratories China Co in your weekly email
Every Wednesday you see whether Joinn Laboratories China 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.
Joinn Laboratories(China)Co.,Ltd. provides preclinical and non-clinical services in the United States, the People's Republic of China, and internationally. It operates through three segments: Non-Clinical Studies Services; Clinical Trial and Related Services; and Sales of Research Models.
Show more
Joinn Laboratories(China)Co.,Ltd. provides preclinical and non-clinical services in the United States, the People's Republic of China, and internationally. It operates through three segments: Non-Clinical Studies Services; Clinical Trial and Related Services; and Sales of Research Models. The Non-Clinical Studies Services segment offers drug safety assessment, drug metabolism and pharmacokinetics DMPK studies, and pharmacology and efficacy studies. Its Clinical Trial and Related Services segment provide clinical contract research organization services, co-managed phase I clinical research units, and bioanalytical services. The Sales of Research Models segment engages in the design, production, breeding, and sale of research models, including non-human primates and rodents. The company also offers cell-based assay (CBA) services. In addition, it offers drug quality research and testing services for protein drugs, vaccines, gene and cell therapy products, and provides customized solutions for early-stage drug discovery, screening, and mechanism research. Joinn Laboratories(China)Co.,Ltd. was incorporated in 1995 and is headquartered in Beijing, China.
Stock analysis
Joinn Laboratories China Co Ltd (6127) currently trades at HK$30.80, while our model-based Fair Value estimate is HK$27.32, 11.3% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of HK$16.07 per share, and 0 of the 26 models we run sit above the HK$30.80 price.
Bear case: the Economic Profit group reads lowest at HK$6.46, and 26 of the 26 models stay below the price. Evidence for this calculation is medium.
Scenario range: HK$17.66 (bear) to HK$36.30 (bull), the price of HK$30.80 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 66/100 (solid quality), in the Healthcare sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Joinn Laboratories China Co Ltd reported revenue of 1.7B CNY in FY2025 versus 1.5B CNY in FY2021, a compound +2.2%/yr. Reported net income was 298M CNY in FY2025, compounding −14.5%/yr from FY2021.
Key figures
Market cap HK$22.6B (≈ $2.9B) · P/E ratio 19.9 · P/S ratio 3.58 · EPS (TTM) HK$1.45 · Dividend yield 0.4% · Net margin 18.0% · Return on equity 11.5% · Return on assets (EBIT) 5.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 98% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at −7% fair-value upside, at −11%, 6127 screens richer than that median.
Fair Value models
Bear HK$17.66Fair Value HK$27.32Bull HK$36.30
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (HK$0.9959 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.95/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+25.8%
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+28.7%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−12.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−12.7%
Dividend (yield on the price)0.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−12.7% vs 14.2%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.34% → 20%
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+29.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+16.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in CNY, China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +27.3% a year for the price and +15.0% for the forecasts.
Compare Joinn Laboratories China Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Diagnostics & Research · 138 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside−11.3% · Above median
Profitability
Return on equity (TTM)11.5% · Top 25%
Return on assets−0.7% · Below median
Net margin (TTM)58.2% · Top 25%
Operating margin (TTM)−7.0% · Below median
Growth and dividend
Revenue growth1.7% · Below median
Dividend yield (TTM)0.4% · Below median
Valuation Multiplesvs Diagnostics & Research median · lower = cheaper
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). "Joinn Laboratories China Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6127
Frequently asked questions
Is Joinn Laboratories China Co Ltd (6127) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of HK$27.32 versus a price of HK$30.80, about −11% upside (overvalued).
What is the fair value of 6127?
Our model-based fair value for Joinn Laboratories China Co Ltd is HK$27.32 (as of Oct 1, 2026), built from audited fundamentals. The current price: HK$30.80.
What is the quality score of 6127?
Joinn Laboratories China Co Ltd has a Quality Score of 66/100. 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 price target for Joinn Laboratories China Co Ltd (6127)?
Our model-based price target is the fair value of HK$27.32 (as of Oct 1, 2026) from 26 valuation models. Cautious scenario HK$17.66, optimistic scenario HK$36.30. It is a calculation from audited fundamentals, not an analyst target.
What is the Joinn Laboratories China Co Ltd stock forecast for 2026?
Our models put fair value at HK$27.32, about −11% upside versus a price of HK$30.80 (overvalued). Cautious scenario HK$17.66, optimistic scenario HK$36.30. The calculation is refreshed regularly with new filings.
What is the revenue of Joinn Laboratories China Co Ltd (6127)?
Joinn Laboratories China Co Ltd reported trailing-twelve-month revenue of about 1.7B CNY (latest available figure, as of Oct 1, 2026).
Does Joinn Laboratories China Co Ltd pay a dividend?
Joinn Laboratories China Co Ltd currently shows a dividend yield of about 0.39% relative to its recent price (as of Oct 1, 2026).
What growth is priced into Joinn Laboratories China Co Ltd (6127)?
For today's price to be fair in a discounted-cash-flow model, Joinn Laboratories China Co Ltd would have to grow free cash flow by +29.4 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.0 % per year. As of Oct 1, 2026.
What discount rate (WACC) does the fair value of 6127 use?
Our models discount Joinn Laboratories China Co Ltd at 9.8 %: a base by market capitalisation (mid), damped by beta 0.83, country premium for Hong Kong. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Joinn Laboratories China Co Ltd that is +29.4 % per year a year over ten years, using the same discount rate (9.8 %) and the same formula as our fair value.
How much growth has Joinn Laboratories China Co Ltd (6127) delivered so far?
Over the past 5 years revenue at Joinn Laboratories China Co Ltd grew +9.0 % a year. The price currently implies +29.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Joinn Laboratories China Co Ltd (6127) growing?
The median revenue growth in the sector is +4.3 % a year. That is the yardstick for the growth priced into Joinn Laboratories China Co Ltd (+29.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Joinn Laboratories China Co Ltd (6127)?
The free-cash-flow yield on the price is 1.56 %: that much free cash flow Joinn Laboratories China Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Joinn Laboratories China Co Ltd (6127)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Joinn Laboratories China Co Ltd it is HK$27.32 per share (as of Oct 1, 2026), against a price of HK$30.80. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Joinn Laboratories China Co Ltd stock overvalued or undervalued in 2026?
As of Oct 1, 2026, 6127 trades above its calculated fair value: price HK$30.80, fair value HK$27.32, a gap of about −11% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 6127?
No. The price is what the market pays today (HK$30.80); the fair value is what the company's own numbers justify (HK$27.32). For Joinn Laboratories China Co Ltd the two are HK$3.48 per share apart. That gap is exactly why we show both numbers side by side.
How much is Joinn Laboratories China Co Ltd worth?
The market values Joinn Laboratories China Co Ltd at about HK$22.6B (market capitalisation, as of Oct 1, 2026). Per share that is HK$30.80; our models calculate a fair value of HK$27.32 per share.
What do the bullish and bearish scenarios say about 6127?
Our models span a range for Joinn Laboratories China Co Ltd: cautious scenario HK$17.66, base HK$27.32, optimistic HK$36.30 per share (as of Oct 1, 2026, price HK$30.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6127?
Joinn Laboratories China Co Ltd trades at a price-to-earnings ratio of 19.9 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$27.32 is built from several models across several years. Other multiples: P/B 2.3, P/S 11.4.
How solid is the balance sheet of Joinn Laboratories China Co Ltd (6127)?
Balance-sheet figures for Joinn Laboratories China Co Ltd (as of Oct 1, 2026): return on equity 11.5%. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is 6127 from its 52-week high?
Joinn Laboratories China Co Ltd trades at HK$30.80, at its 52-week high of HK$30.80 and 98% above the low of HK$15.58 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of HK$27.32 is for.
Which stocks are comparable to Joinn Laboratories China Co Ltd?
From the same area (Healthcare) we also value Thermo Fisher Scientific Inc, Danaher Corporation, WuXi AppTec Co, Agilent Technologies, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Joinn Laboratories China Co Ltd stock attractive at the current price?
The data as of Oct 1, 2026: price HK$30.80, calculated fair value HK$27.32 (−11%), Quality Score 66/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 6127 calculated?
We run Joinn Laboratories China Co Ltd through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of HK$27.32, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. Joinn Laboratories China Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Joinn Laboratories China Co Ltd (6127)?
The closing price on Sep 30, 2026 was HK$30.80. Our model-based fair value is HK$27.32, about −11% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Joinn Laboratories China Co Ltd right now?
A fairly wide model range (HK$17.66 to HK$36.30) leaves room in how you read the outcome. The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of Joinn Laboratories China Co Ltd (6127) come from?
Earnings per share at Joinn Laboratories China Co Ltd grew +13.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +21.8 %, EBIT margin −4.3 %, tax rate −0.3 %, residual (interest, one-offs) −2.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Joinn Laboratories China Co Ltd
How large is the market capitalisation of Joinn Laboratories China Co Ltd (6127)?
The market capitalisation of Joinn Laboratories China Co Ltd is HK$22.6B (≈ $2.9B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Joinn Laboratories China Co Ltd (6127)?
The price-to-sales ratio of Joinn Laboratories China Co Ltd is 3.58 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Joinn Laboratories China Co Ltd (6127)?
Earnings per share at Joinn Laboratories China Co Ltd are HK$1.45 (price ÷ EPS = P/E 19.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Joinn Laboratories China Co Ltd (6127)?
The dividend yield of Joinn Laboratories China Co Ltd is 0.4% (payout 8.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Joinn Laboratories China Co Ltd (6127)?
The net margin of Joinn Laboratories China Co Ltd is 18.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Joinn Laboratories China Co Ltd (6127)?
The return on equity (ROE) of Joinn Laboratories China Co Ltd is 11.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Joinn Laboratories China Co Ltd (6127)?
On an EBIT basis the return on assets of Joinn Laboratories China Co Ltd is 5.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Joinn Laboratories China Co Ltd (6127)?
The operating margin of Joinn Laboratories China Co Ltd is −7.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Joinn Laboratories China Co Ltd (6127)?
Revenue at Joinn Laboratories China Co Ltd is growing +1.7% versus a year earlier (3y avg −9.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Joinn Laboratories China Co Ltd (6127)?
Earnings per share at Joinn Laboratories China Co Ltd are growing +23.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Joinn Laboratories China Co Ltd (6127) hold?
Joinn Laboratories China Co Ltd holds more cash than debt, 910M CNY net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Joinn Laboratories China Co Ltd in the live analysis
One click puts Joinn Laboratories China Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
