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Guangzhou Jet Bio-Filtration Co (688026) Fair Value & Analysis

Healthcare · CN · Market cap 1.9B CNY

GJ Guangzhou Jet Bio-Filtration Co 688026 · SHG
Price¥18.07
Fair Value¥7.18
Upside-60.3%
Quality52/100
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Expensive Growth
Thin margins · 5.0% net margin
Low debt · generates free cash flow
Trails peers (2/14)
Narrow moat 28/100
Evidence: High Range ¥5.67 – ¥9.03 Share as image

Fair value as of: Jul 12, 2026

From 25 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from ¥7.56 to ¥7.18 (−5.0%) since Jun 24, 2026. Share price +29.1% over the past month.

A solid business, but screening 60% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥9.03). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥68.00 ¥8.52 Fair Value ¥7.18 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 ¥8.52 – ¥68.00 · fair‑value band ¥5.67 – ¥9.03 · the ¥18.07 price screens above the ¥7.18 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Guangzhou Jet Bio-Filtration Co (688026) currently trades at ¥18.07, while our model-based Fair Value estimate is ¥7.18, implying the stock looks roughly 60.3% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Healthcare 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, Guangzhou Jet Bio-Filtration Co generated revenue of 548M CNY at a net margin of 5.0%. Revenue declined 12.9% year over year. It earns a return on equity of 2.3%. Net debt stands at 34.7M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥5.67 (bear case) to ¥9.03 (bull case); at ¥18.07, 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 17% below its 52-week high and 45% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -60%, 688026 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 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. Evidence
Highest evidence
Growth DCF ¥5.33 ¥9.96 ¥16.95 80
Residual Income ¥6.06 ¥5.85 ¥4.85 76
Rev-Margin DCF ¥4.38 ¥8.11 ¥13.44 74
All 25 models by family
DCF Models
FCF DCF ¥5.56 ¥9.34 ¥18.36 38
5Y Revenue Exit ¥4.38 ¥8.17 ¥13.77 39
5Y EBITDA Exit ¥7.10 ¥14.26 ¥24.33 41
5Y P/E Exit ¥5.26 ¥10.24 ¥16.38 38
10Y Revenue Exit ¥4.60 ¥8.41 ¥14.18 36
10Y EBITDA Exit ¥6.45 ¥12.78 ¥23.71 37
10Y P/E Exit ¥5.29 ¥9.82 ¥17.02 35
Earnings-Based
Graham-Dodd ¥2.34 ¥14.62 ¥20.42 54
Lynch FV ¥4.21 ¥6.02 ¥7.82 50
PEG = 1.0 ¥4.21 ¥6.02 ¥7.82 46
EPV ¥2.56 ¥2.94 ¥3.26 59
Dividend Discount
Gordon GGM ¥0.8000 ¥1.44 ¥1.98 70
DDM Multi-Stage ¥0.8000 ¥1.32 ¥1.54 61
Multiples
P/E Multiple ¥5.67 ¥7.56 ¥9.45 63
P/S Multiple ¥4.38 ¥5.84 ¥7.30 58
P/B Multiple ¥4.38 ¥5.84 ¥7.30 55
EV/EBIT ¥5.32 ¥7.18 ¥9.03 53
EV/EBITDA ¥8.38 ¥11.26 ¥14.14 54
EV/Revenue ¥3.73 ¥5.43 ¥7.13 43
Asset-Based
NCAV (Graham) ¥4.33 ¥5.81 ¥8.67 50
Growth DCF
Growth DCF ¥5.33 ¥9.96 ¥16.95 80
Rev-Margin DCF ¥4.38 ¥8.11 ¥13.44 74
Economic Profit
Residual Income ¥6.06 ¥5.85 ¥4.85 76
ROIC Compounder ¥2.56 ¥2.94 ¥3.26 72
Growth Earnings
Growth-Adj P/E ¥6.14 ¥8.78 ¥11.41 68

Widest divergence: DCF Models (¥9.82) versus Dividend Discount (¥1.32). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 548M CNY
Revenue growth (YoY) -12.9%
Net margin 5.0%
Return on equity 2.3%
Free cash flow 67.7M CNY FY2025
P/E ratio 68.6
More key figures
Operating margin 7.5%
EPS (TTM) ¥0.2000
EPS growth (YoY) -57.8%
Net debt 34.7M CNY FY2025

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 55 · Market factors (momentum, volatility) 52

Profitability 24
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 89
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

Guangzhou Jet Bio-Filtration Co., Ltd. researches, develops, manufactures, and sells biological laboratory consumable products.

Full company description

Guangzhou Jet Bio-Filtration Co., Ltd. researches, develops, manufactures, and sells biological laboratory consumable products. Its products include bioprocess, biological culture, liquid handling and storage, filtration products, molecular biology, cellsafe, medical consumables, biological reagents, laboratory equipment, petri dishes, ELISA plates, immuno micro plates, inoculating loops and needles, cuvettes, latex powder-free gloves, NBR gloves, and other products. The company was founded in 2001 and is headquartered in Guangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangzhou Jet Bio-Filtration Co reported revenue of ¥565M in FY2025 versus ¥856M in FY2021, a compound −9.8%/yr. Reported net income was ¥48.2M in FY2025, compounding −27.1%/yr from FY2021.

Growth Quality 56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
565M CNY
Latest YoY
+1.2%
Avg. growth/yr (3Y) 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.
−2.5%
Avg. growth/yr (5Y) 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.
+2.3%
Avg. growth/yr (12Y) 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.
+19.0%
Revenue −9.8%/yr
FY21 ¥856M
FY22 ¥610M
FY23 ¥463M
FY24 ¥559M
FY25 ¥565M
Net income −27.1%/yr
FY21 ¥171M
FY22 ¥87.7M
FY23 ¥34.8M
FY24 ¥72.2M
FY25 ¥48.2M
Character of growth · EPS growth decomposed (2014-2025) +1.2 % p.a.
Revenue per share +6.2 pp

of which total revenue +19.7 pp · buybacks/dilution −13.5 pp

EBIT margin −1.1 pp
Tax rate −0.4 pp
Residual (interest, one-offs) −3.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

688026 screens 60% overvalued. Compare with Intuitive Surgical, Inc →

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Cite: Fair Value Calculator (2026). "Guangzhou Jet Bio-Filtration Co Fair Value". https://www.fairvalue-calculator.com/stock/688026

Peer Group

Medical Instruments & Supplies · 203 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 52 · Below median
Fair Value upside −60% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 3% · Below median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 8% · Below median
Revenue growth -13% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.31× · Higher than 75% of peers

Valuation Multiples vs Medical Instruments & Supplies median · lower = cheaper

P/E (TTM) 68.6× · Pricier than 75% of peers
P/B 1.58× · Cheaper than median
P/S (TTM) 3.51× · Pricier than median
P/FCF 4.2× · Cheaper than median
EV/EBITDA 14.1× · Pricier 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 0
FUTURE 0 · sector 27
PAST 9 · sector 25
HEALTH 84 · sector 96
DIVIDEND 0 · sector 32

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 Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $402.33 $150.04 -63%
EssilorLuxottica Société anonyme 1EL €172.45 €68.55 -60%
Medline Inc MDLN $41.11 $30.15 -27%
Becton, Dickinson and Company BDX $150.65 $103.53 -31%
Alcon Inc ALC $70.26 $39.78 -43%
ResMed Inc RMD $203.87 $187.89 -8%
West Pharmaceutical Services, Inc WST $353.71 $143.97 -59%
Straumann Holding STMN CHF 106.00 CHF 47.31 -55%
Sartorius Stedim Biotech S.A DIM €188.50 €51.16 -73%
Coloplast A/S COLOB kr 414.00 kr 382.22 -8%

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Frequently asked questions

Is Guangzhou Jet Bio-Filtration Co (688026) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥7.18 versus a price of ¥18.07, about −60% (overvalued).
What is the fair value of 688026?
Our model-based fair value for Guangzhou Jet Bio-Filtration Co is ¥7.18 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥18.07.
What is the quality score of 688026?
Guangzhou Jet Bio-Filtration Co has a Quality Score of 52/100. 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 Guangzhou Jet Bio-Filtration Co (688026)?
Guangzhou Jet Bio-Filtration Co reported trailing-twelve-month revenue of about 548M CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688026?
The net profit margin of Guangzhou Jet Bio-Filtration Co is about 5.0%, meaning it keeps roughly 5.0% of revenue as net income. Based on the latest reported figures.

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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