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UCloud Technology Co (688158) Fair Value & Analysis

Technology · CN · Market cap 16.3B CNY

UT UCloud Technology Co 688158 · SHG
Price¥34.40
Fair Value¥8.29
Upside-75.9%
Quality54/100
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Weak Growth
Loss-making · -1.5% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/11)
Narrow moat 17/100
Evidence: Low Range ¥6.45 – ¥10.13 Share as image

Fair value as of: Aug 13, 2026

From 4 valuation models · updated today

Fair value updated Aug 13, 2026, revised from ¥6.24 to ¥8.29 (+32.9%) since Aug 11, 2026. Share price +0.4% over the past month.

A solid business, but screening 76% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥10.13). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥52.76 ¥9.23 Fair Value ¥8.29 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ¥9.23 – ¥52.76 · fair‑value band ¥6.45 – ¥10.13 · the ¥34.40 price screens above the ¥8.29 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

UCloud Technology Co (688158) currently trades at ¥34.40, while our model-based Fair Value estimate is ¥8.29, implying the stock looks roughly 75.9% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Technology 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: low).

Over the trailing twelve months, UCloud Technology Co generated revenue of 1.8B CNY at a net margin of -1.5%. Revenue grew 16.8% year over year. It earns a return on equity of -1.1%. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥6.45 (bear case) to ¥10.13 (bull case); at ¥34.40, 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 36% below its 52-week high and 70% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -59% fair-value upside, at -76%, 688158 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
Gordon GGM ¥0.0800 ¥0.1000 ¥0.1200 70
DDM Multi-Stage ¥0.0800 ¥0.1100 ¥0.1400 61
EV/EBITDA ¥6.45 ¥8.29 ¥10.13 54
All 4 models by family
Dividend Discount
Gordon GGM ¥0.0800 ¥0.1000 ¥0.1200 70
DDM Multi-Stage ¥0.0800 ¥0.1100 ¥0.1400 61
Multiples
EV/EBITDA ¥6.45 ¥8.29 ¥10.13 54
Asset-Based
NCAV (Graham) ¥2.62 ¥3.51 ¥5.25 50

Widest divergence: Multiples (¥8.29) versus Dividend Discount (¥0.1000). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 1.8B CNY
Revenue growth (YoY) +16.8%
Net margin -1.5%
Return on equity -1.1%
Free cash flow −460M CNY FY2025
Operating margin -0.1%
More key figures
EPS (TTM) ¥-0.0500

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 54 · Market factors (momentum, volatility) 44

Profitability 14
Margins and returns on capital today
Quality Growth 85
Are margins and returns improving?
Cashflow 18
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 58
Distance to the 52-week high (market factor)
Net Issuance 77
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

UCloud Technology Co., Ltd. researches and develops cloud computing technology platforms. It develops IaaS, PaaS, big data circulation platform, and AI service platforms, as well as offers cloud products, including public, private, hybrid, and dedicated clouds.

Full company description

UCloud Technology Co., Ltd. researches and develops cloud computing technology platforms. It develops IaaS, PaaS, big data circulation platform, and AI service platforms, as well as offers cloud products, including public, private, hybrid, and dedicated clouds. It also provides U Chronicles, which strictly abides by all national laws and regulations and actively participates in the formulation, and promotion of industry standards; U Culture, which Uses cloud computing to help dreamers advance human progress. The company operates in Southeast Asia, Europe, North America, South America, and Africa. It serves government, AI big data models, industrial internet, telecommunications, education, healthcare, retail, finance, and internet. The company was incorporated in 2012 and is based in Shanghai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

UCloud Technology Co reported revenue of ¥1.7B in FY2025 versus ¥2.9B in FY2021, a compound −12.5%/yr. Reported net income was −¥73.6M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.7B CNY
Latest YoY
+13.1%
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.
−4.8%
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.
−7.1%
Avg. growth/yr (8Y) 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.
+9.2%
Revenue −12.5%/yr
FY21 ¥2.9B
FY22 ¥2.0B
FY23 ¥1.5B
FY24 ¥1.5B
FY25 ¥1.7B
Net income
FY21 −¥633M
FY22 −¥413M
FY23 −¥343M
FY24 −¥241M
FY25 −¥73.6M

688158 screens 76% overvalued. Compare with Microsoft Corporation →

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Cite: Fair Value Calculator (2026). "UCloud Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/688158

Peer Group

Software - Infrastructure · 369 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 54 · Above median
Fair Value upside −76% · Bottom 25%
Return on assets -1% · Below median
Net margin (TTM) -1% · Below median
Operating margin (TTM) -0% · Below median
Revenue growth 17% · Above median
Debt / equity 0.08× · Higher than median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/B 1.00× · Cheaper than median
P/S (TTM) 1.37× · Cheaper than median
EV/EBITDA 12.5× · 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 0
FUTURE 84 · sector 48
PAST 0 · sector 14
HEALTH 96 · sector 99
DIVIDEND 0 · sector 28

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $506.06 $365.74 -28%
Oracle Corporation ORAC C$7.22 C$2.34 -68%
Fortinet, Inc FTNT $160.84 $61.46 -62%
Synopsys, Inc 1SNPS €358.00 €93.61 -74%
Block, Inc XYZ A$111.01 A$70.69 -36%
Range Intelligent Computing Technology Group 300442 ¥67.70 ¥30.89 -54%
Oracle Financial Services Software Limited OFSS ₹11,679 ₹6,897 -41%
360 Security Technology Inc 601360 ¥9.58 ¥1.05 -89%
One97 Communications Limited PAYTM ₹1,610 ₹241.68 -85%
PT GoTo Gojek Tokopedia Tbk GOTO 50.00 IDR 20.41 IDR -59%

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Frequently asked questions

Is UCloud Technology Co (688158) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥8.29 versus a price of ¥34.40, about −76% (overvalued).
What is the fair value of 688158?
Our model-based fair value for UCloud Technology Co is ¥8.29 (as of Aug 13, 2026), built from audited fundamentals. The current price is ¥34.40.
What is the quality score of 688158?
UCloud Technology Co has a Quality Score of 54/100. 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 UCloud Technology Co (688158)?
UCloud Technology Co reported trailing-twelve-month revenue of about 1.8B CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 688158?
The net profit margin of UCloud Technology Co is about -1.5%, meaning it is currently running at a net loss. 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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