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Suntar Environmental Technology Co (688101) Fair Value & Analysis

Utilities · CN · Market cap 5.9B CNY

SE Suntar Environmental Technology Co 688101 · SHG
Price¥15.64
Fair Value¥19.34
Upside+23.7%
Quality66/100
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Healthy Growth
Highly profitable · 22.9% net margin
Low debt · generates free cash flow
0.81% dividend yield
Ranks above peers (11/14)
Moderate moat 57/100
Evidence: High Range ¥12.50 – ¥24.17 Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from ¥20.24 to ¥19.34 (−4.4%) since Jun 24, 2026. Share price +0.3% over the past month.

A solid business, screening 24% undervalued on our models.

What matters now

  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (¥12.50 to ¥24.17) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥25.15 ¥9.10 Fair Value ¥19.34 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 ¥9.10 – ¥25.15 · fair‑value band ¥12.50 – ¥24.17 · the ¥15.64 price screens below the ¥19.34 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Suntar Environmental Technology Co (688101) currently trades at ¥15.64, while our model-based Fair Value estimate is ¥19.34, implying the stock looks roughly 23.7% undervalued today. The Quality Score stands at 66/100 (solid quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Suntar Environmental Technology Co generated revenue of 1.8B CNY at a net margin of 22.9%. Revenue grew 85.9% year over year. It earns a return on equity of 9.3%. The balance sheet holds a net cash position of 509M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥12.50 (bear case) to ¥24.17 (bull case); at ¥15.64, the current price sits within 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 30% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -10% fair-value upside, at 24%, 688101 screens cheaper 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 ¥10.77 ¥16.62 ¥25.83 80
Residual Income ¥11.02 ¥11.83 ¥14.07 76
Rev-Margin DCF ¥10.10 ¥15.77 ¥22.93 74
All 26 models by family
DCF Models
FCF DCF ¥10.81 ¥17.14 ¥27.43 38
Owner Earnings ¥16.42 ¥26.74 ¥43.50 31
5Y Revenue Exit ¥10.10 ¥15.88 ¥23.59 39
5Y EBITDA Exit ¥12.51 ¥20.74 ¥30.92 41
5Y P/E Exit ¥14.18 ¥24.11 ¥35.31 38
10Y Revenue Exit ¥10.01 ¥15.45 ¥23.52 36
10Y EBITDA Exit ¥11.81 ¥18.89 ¥29.39 37
10Y P/E Exit ¥12.88 ¥21.28 ¥32.91 35
Earnings-Based
Graham-Dodd ¥7.73 ¥33.25 ¥45.44 54
Lynch FV ¥8.52 ¥12.17 ¥15.82 50
PEG = 1.0 ¥8.52 ¥12.17 ¥15.82 46
EPV ¥12.66 ¥14.36 ¥15.83 59
Dividend Discount
Gordon GGM ¥0.0600 ¥0.1200 ¥0.1900 70
DDM Multi-Stage ¥0.0600 ¥0.1100 ¥0.1300 61
Multiples
P/E Multiple ¥15.35 ¥20.47 ¥25.59 63
P/S Multiple ¥8.58 ¥11.44 ¥14.30 58
P/B Multiple ¥14.50 ¥19.34 ¥24.17 55
EV/EBIT ¥17.51 ¥22.71 ¥27.91 53
EV/EBITDA ¥14.48 ¥18.68 ¥22.87 54
EV/Revenue ¥9.91 ¥13.34 ¥16.78 43
Asset-Based
NCAV (Graham) ¥6.67 ¥8.94 ¥13.34 50
Growth DCF
Growth DCF ¥10.77 ¥16.62 ¥25.83 80
Rev-Margin DCF ¥10.10 ¥15.77 ¥22.93 74
Economic Profit
Residual Income ¥11.02 ¥11.83 ¥14.07 76
ROIC Compounder ¥12.66 ¥15.37 ¥19.29 72
Growth Earnings
Growth-Adj P/E ¥13.09 ¥18.70 ¥24.31 68

Widest divergence: DCF Models (¥18.89) versus Dividend Discount (¥0.1100). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.8B CNY
Revenue growth (YoY) +85.9%
Net margin 22.9%
Return on equity 9.3%
Free cash flow 249M CNY FY2025
P/E ratio 14.8
More key figures
Operating margin 21.0%
EPS (TTM) ¥1.21
Dividend yield 0.8%
EPS growth (YoY) +30.4%
Net cash 509M CNY FY2024

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 64 · Market factors (momentum, volatility) 47

Profitability 41
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 85
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

Suntar Environmental Technology Co., Ltd. provides industrial feed liquid separation and product separation solutions in China and internationally. The company offers tubular ceramic membranes, roll membranes, flat membranes, hollow fiber membranes, unique microtube membranes, and composite ceramic nanofiltration elements.

Full company description

Suntar Environmental Technology Co., Ltd. provides industrial feed liquid separation and product separation solutions in China and internationally. The company offers tubular ceramic membranes, roll membranes, flat membranes, hollow fiber membranes, unique microtube membranes, and composite ceramic nanofiltration elements. It serves customers in food and beverage, pharmaceutical chemicals, biological fermentation, metallurgy and petrochemicals, water purification, environmental protection, and other industries. Suntar Environmental Technology Co., Ltd. was founded in 2005 and is based in Xiamen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Suntar Environmental Technology Co reported revenue of ¥1.5B in FY2025 versus ¥1.2B in FY2021, a compound +7.2%/yr. Reported net income was ¥378M in FY2025, compounding +11.2%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.5B CNY
Latest YoY
+9.3%
Avg. growth/yr (3Y)
+6.5%
Avg. growth/yr (5Y)
+11.6%
Avg. growth/yr (14Y)
+10.8%
Revenue +7.2%/yr
FY21 ¥1.2B
FY22 ¥1.3B
FY23 ¥1.5B
FY24 ¥1.4B
FY25 ¥1.5B
Net income +11.2%/yr
FY21 ¥247M
FY22 ¥218M
FY23 ¥254M
FY24 ¥315M
FY25 ¥378M

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Cite: Fair Value Calculator (2026). "Suntar Environmental Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/688101

Peer Group

Utilities - Regulated Water · 67 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 66 · Top 25%
Fair Value upside +24% · Above median
Return on equity (TTM) 9% · Above median
Return on assets 4% · Top 25%
Net margin (TTM) 23% · Top 25%
Operating margin (TTM) 21% · Above median
Revenue growth 86% · Top 25%
Dividend yield (TTM) 0.8% · Below median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Utilities - Regulated Water median · lower = cheaper

P/E (TTM) 14.8× · Cheaper than median
P/B 1.34× · Cheaper than median
P/S (TTM) 3.40× · Pricier than median
P/FCF 3.5× · Pricier than median
EV/EBITDA 10.4× · 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 65 · sector 7
FUTURE 100 · sector 28
PAST 37 · sector 29
HEALTH 100 · sector 66
DIVIDEND 16 · sector 49

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 Utilities - Regulated Water stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
American Water Works Company AWK $134.33 $65.80 -51%
SBSP3 SBSP3 R$29.22 R$31.23 +7%
SBS SBS $5.79 $5.21 -10%
Essential Utilities, Inc WTRG $38.59 $21.81 -43%
CSMG3 CSMG3 R$66.10 R$60.17 -9%
Grandblue Environment Co 600323 ¥29.42 ¥33.29 +13%
American States Water Company AWR $85.01 $48.02 -44%
Chengdu Xingrong Environment Co 000598 ¥6.97 ¥10.74 +54%
California Water Service Group CWT $49.73 $33.56 -33%
Chongqing Water Group 601158 ¥4.12 ¥2.77 -33%

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Frequently asked questions

Is Suntar Environmental Technology Co (688101) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥19.34 versus a price of ¥15.64, about +24% (undervalued).
What is the fair value of 688101?
Our model-based fair value for Suntar Environmental Technology Co is ¥19.34 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥15.64.
What is the quality score of 688101?
Suntar Environmental Technology Co 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 revenue of Suntar Environmental Technology Co (688101)?
Suntar Environmental Technology Co reported trailing-twelve-month revenue of about 1.8B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688101?
The net profit margin of Suntar Environmental Technology Co is about 22.9%, meaning it keeps roughly 22.9% of revenue as net income. Based on the latest reported figures.
Does Suntar Environmental Technology Co pay a dividend?
Suntar Environmental Technology Co currently shows a dividend yield of about 0.81% 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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