Novogene Co. Ltd. (688315) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Novogene Co. Ltd. ¥7.25, price ¥19.39, upside -62.6%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Novogene Co. Ltd.
688315 · SHGStretched ValuationStrong overvaluation with only moderate 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 23, 2026.
How to read this chart
60‑month range ¥9.05 – ¥67.54 · fair‑value band ¥5.07 – ¥9.52 · the ¥19.39 price screens above the ¥7.25 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
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Company profile
Novogene Co., Ltd., together with its subsidiaries, provides genomic services and solutions in Mainland China, Hong Kong, Macau, Taiwan, and internationally.
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Novogene Co., Ltd., together with its subsidiaries, provides genomic services and solutions in Mainland China, Hong Kong, Macau, Taiwan, and internationally. The company offers genomic solutions comprising human, animal, plant, and microbial whole genome sequencing, as well as human and mouse whole exome sequencing, microbial de novo sequencing, animal and plant de novo sequencing, and 16S/18S/ITS amplicon and shotgun metagenomic sequencing; transcriptomics solutions, such as mRNA, long non-coding RNA, small RNA, circular RNA, whole transcriptome, isoform, direct RNA, prokaryotic RNA, and meta transcriptome sequencing; and single cell gene expression, single cell long road read transcriptome, and visium formalin-fixed paraffin-embedded spatial transcriptome solutions. It also provides epigenomic solutions comprising whole genome bisulfite, reduced representation bisulfite, chromatin immunoprecipitation, and RNA immunoprecipitation sequencing; premade library and proteomics services; clinical diagnostics services, such as clinical whole exome sequencing and clinical panels; biopharma services consisting of discovery and pre-clinical, translational and clinical, and companion diagnostics; and support services. In addition, the company offers sequencing platforms under the ILLUMINA, PACBIO, 10X GENOMICS, and NANOPORE brands; and basic scientific research services in life sciences, and medical research and technical services. Its services are used in cancer research, immuno-oncology agrigenomics, environment, food science, human microbiome, plant and animal microbiome, drug discovery and development, and rare and complex diseases applications. The company serves research universities, research institutes, hospitals, pharmaceutical research and development companies, and agricultural companies. Novogene Co., Ltd. was founded in 2011 and is headquartered in Beijing, China.
Stock analysis
Novogene Co. Ltd. (688315) currently trades at ¥19.39, while our model-based Fair Value estimate is ¥7.25, implying the stock looks roughly 167.5% overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ¥9.01 per share, and 0 of the 26 models we run sit above the ¥19.39 price.
Bear case: the Dividend Discount group reads lowest at ¥0.7400, and 26 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: ¥5.07 (bear) to ¥9.52 (bull), the price of ¥19.39 sits above 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 56/100 (solid quality), in the Healthcare sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Novogene Co. Ltd. reported revenue of 2.2B CNY in FY2025 versus 1.9B CNY in FY2021, a compound +4.3%/yr. Reported net income was 166M CNY in FY2025, compounding −7.3%/yr from FY2021.
Key figures
Market cap 7.9B CNY (≈ $1.2B) · P/E ratio 48.5 · P/S ratio 3.64 · EPS (TTM) ¥0.4000 · Dividend yield 0.2% · Net margin 7.5% · Return on equity 6.4% · Return on assets (EBIT) 6.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 62% 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 −63%, 688315 screens richer than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 70
Revenue & earnings trend
Growth Forecast
688315 screens 167% overvalued. Compare with Vertex Pharmaceuticals Incorporated →
Compare Novogene Co. Ltd. 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.Biotechnology · 651 stocks
Valuation Multiplesvs Biotechnology median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Health Care sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Chinese 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 Biotechnology stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Vertex Pharmaceuticals Incorporated VRTX | $514.99 | $566.49 | +10% |
| Regeneron Pharmaceuticals, Inc REGN | $803.90 | $1,252 | +56% |
| argenx SE ARGX | $963.79 | $918.60 | −5% |
| Samsung Biologics Co 207940 | 1,366,000 KRW | 1,502,600 KRW | +10% |
| CSL Limited CSL | A$179.24 | A$197.16 | +10% |
| Alnylam Pharmaceuticals, Inc ALNY | $251.65 | $218.36 | −13% |
| Royalty Pharma plc RPRX | $58.52 | $24.22 | −59% |
| Celltrion, Inc 068270 | 177,400 KRW | 74,519 KRW | −58% |
| BeOne Medicines AG ONC | $368.08 | $280.94 | −24% |
| BioNTech SE BNTX | $100.87 | $63.62 | −37% |
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Key figures of Novogene Co. Ltd.
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