Shanghai HeartCare Med Tech (6609) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Shanghai HeartCare Med Tech HK$93.07, price HK$53.80, upside +73.0%, quality 85 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Shanghai HeartCare Med Tech
6609 · HKStrongly undervaluedStrong Fair Value upside with high Quality.
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range HK$12.32 – HK$145.80 · fair‑value band HK$59.51 – HK$146.45 · the HK$53.80 price screens below the HK$93.07 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Company profile
Shanghai HeartCare Medical Technology Corporation Limited engages in the research, development, manufacture, and sale of neuro-interventional medical devices in Mainland China.
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Shanghai HeartCare Medical Technology Corporation Limited engages in the research, development, manufacture, and sale of neuro-interventional medical devices in Mainland China. The company offers thrombectomy stent, aspiration pump, and aspiration catheter products for the treatment of acute ischemic stroke; and intracranial drug-eluting stent, intracranial balloon dilatation catheter, intracranial low pressure balloon dilatation catheter, carotid artery balloon dilatation catheter, embolization protection system, and carotid artery stent products for the treatment of neurovascular stenosis. It also provides embolic coil, intracranial stent, neurovascular occlusion balloon system, and flow diverter devices for the treatment of hemorrhagic stroke; left atrial appendage occluder for the prevention of ischemic stroke; and peripheral interventional devices, including fibered occlusion coil, disposable venous ablation catheter, and peripheral thrombus AP catheter. In addition, the company provides neuro-interventional access devices, such as balloon guiding catheter, distal access catheter, microcatheter, microcatheter for coiling, microcatheter for flow diverter device, navigation catheter, vascular closure device, neuro-interventional micro, guidewire, support catheter, neuro-interventional microcatheter, radial access, catheter system, and neuro balloon delivery catheter; thrombectomy stent for the treatment of acute ischemic stroke; embolic coil for the treatment of hemorrhagic stroke. Shanghai HeartCare Medical Technology Corporation Limited was incorporated in 2016 and is headquartered in Shanghai, the People's Republic of China.
Stock analysis
Shanghai HeartCare Med Tech (6609) currently trades at HK$53.80, while our model-based Fair Value estimate is HK$93.07, implying the stock looks roughly 42.2% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of HK$102.03 per share, and 12 of the 24 models we run sit above the HK$53.80 price.
Bear case: the Asset-Based group reads lowest at HK$20.00, and 12 of the 24 models stay below the price. Evidence for this calculation is medium.
Scenario range: HK$59.51 (bear) to HK$146.45 (bull), the price of HK$53.80 sits below 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 85/100 (high quality), in the Healthcare sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Shanghai HeartCare Med Tech reported revenue of 408M CNY in FY2025 versus 90.1M CNY in FY2021, a compound +45.9%/yr. Reported net income was 83.3M CNY in FY2025.
Key figures
Market cap HK$2.0B (≈ $260M) · P/E ratio 17.1 · P/S ratio 3.48 · EPS (TTM) HK$1.32 · Net margin 20.4% · Return on equity 7.6% · Return on assets (EBIT) −6.6% · Operating margin 10.1%.
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 about 24% below its 52-week high and 38% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at 5% fair-value upside, at 73%, 6609 screens cheaper than that median.
Fair Value models
All 24 models by family
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Set up alert →Quality Score breakdown
Of which business quality 84 · Market factors (momentum, volatility) 47
Revenue & earnings trend
Growth Forecast
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Compare Shanghai HeartCare Med Tech 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.Medical Devices · 361 stocks
Valuation Multiplesvs Medical Devices median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Health Care sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Hong Kong 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 Medical Devices stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Abbott Laboratories, ABT | $103.69 | $74.79 | −28% |
| Stryker Corporation SYK | $275.09 | $302.60 | +10% |
| Medtronic plc MDT | $90.77 | $65.57 | −28% |
| Boston Scientific Corporation BSX | $44.92 | $49.41 | +10% |
| Edwards Lifesciences Corporation EW | $88.78 | $82.04 | −8% |
| Siemens Healthineers AG SHL | €37.43 | €35.22 | −6% |
| DexCom, Inc DXCM | $89.53 | $98.48 | +10% |
| GE HealthCare Technologies Inc GEHC | $66.27 | $69.62 | +5% |
| Shenzhen Mindray Bio-Medical Electronics Co 300760 | ¥156.68 | ¥172.35 | +10% |
| Koninklijke Philips N.V PHIA | €21.85 | €15.32 | −30% |
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