EN DE

Shanghai MicroPort EP MedTech Co (688351) Fair Value & Analysis

Healthcare · CN · Market cap 9.8B CNY

SM Shanghai MicroPort EP MedTech Co 688351 · SHG
Price¥20.80
Fair Value¥2.45
Upside-88.2%
Quality56/100
Watch Shanghai MicroPort EP MedTech Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Solidly profitable · 12.8% net margin
negative free cash flow
0.10% dividend yield
Trails peers (4/11)
Narrow moat 36/100
Evidence: High Range ¥1.64 – ¥2.45 Share as image

Fair value as of: Aug 12, 2026

From 16 valuation models · updated yesterday

Fair value updated Aug 12, 2026, revised from ¥2.61 to ¥2.45 (−6.1%) since Jul 12, 2026. Share price −0.9% over the past month.

A solid business, but screening 88% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥2.45). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (4 years)

¥28.58 ¥11.81 Fair Value ¥2.45 Aug 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 12, 2026.

How to read this chart

47‑month range ¥11.81 – ¥28.58 · fair‑value band ¥1.64 – ¥2.45 · the ¥20.80 price screens above the ¥2.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 12, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Shanghai MicroPort EP MedTech Co (688351) currently trades at ¥20.80, while our model-based Fair Value estimate is ¥2.45, implying the stock looks roughly 88.2% overvalued today. The Quality Score stands at 56/100 (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, Shanghai MicroPort EP MedTech Co generated revenue of 486M CNY at a net margin of 12.8%. Revenue grew 21.0% year over year. It earns a return on equity of 3.5%. The stock trades on a trailing P/E of 182.8. Fundamentals as of Aug 12, 2026

Our scenario range runs from ¥1.64 (bear case) to ¥2.45 (bull case); at ¥20.80, 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 26% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -22% fair-value upside, at -88%, 688351 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (¥0.0300 to ¥5.15). Read the values as a conservative anchor, not as a price target.
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
Residual Income ¥2.70 ¥2.56 ¥2.07 76
Gordon GGM ¥0.0200 ¥0.0400 ¥0.0500 70
Growth-Adj P/E ¥2.42 ¥3.45 ¥4.49 68
All 16 models by family
Earnings-Based
Graham-Dodd ¥0.7400 ¥5.15 ¥7.22 54
Lynch FV ¥1.83 ¥2.61 ¥3.39 50
PEG = 1.0 ¥1.83 ¥2.61 ¥3.39 46
EPV ¥1.18 ¥1.28 ¥1.36 59
Dividend Discount
Gordon GGM ¥0.0200 ¥0.0400 ¥0.0500 70
DDM Multi-Stage ¥0.0200 ¥0.0300 ¥0.0400 61
Multiples
P/E Multiple ¥1.79 ¥2.39 ¥2.99 63
P/S Multiple ¥1.38 ¥1.85 ¥2.31 58
P/B Multiple ¥1.38 ¥1.85 ¥2.31 55
EV/EBIT ¥1.64 ¥2.00 ¥2.35 53
EV/EBITDA ¥2.27 ¥2.83 ¥3.39 54
EV/Revenue ¥1.34 ¥1.67 ¥1.99 43
Asset-Based
NCAV (Graham) ¥1.91 ¥2.57 ¥3.83 50
Economic Profit
Residual Income ¥2.70 ¥2.56 ¥2.07 76
ROIC Compounder ¥1.18 ¥1.28 ¥1.36 67
Growth Earnings
Growth-Adj P/E ¥2.42 ¥3.45 ¥4.49 68

Widest divergence: Growth Earnings (¥3.45) versus Dividend Discount (¥0.0300). Highest evidence: Residual Income (76).

Notify me when 688351 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 486M CNY
Revenue growth (YoY) +21.0%
Net margin 12.8%
Return on equity 3.5%
Free cash flow −31.3M CNY FY2025
P/E ratio 182.8
More key figures
Operating margin 5.0%
EPS (TTM) ¥0.1300
Dividend yield 0.1%
EPS growth (YoY) +62.6%

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

Quality Score breakdown

Overall quality 56/100

Of which business quality 56 · Market factors (momentum, volatility) 38

Profitability 27
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 39
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 57
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 82
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

Shanghai MicroPort EP MedTech Co., Ltd. engages in the research, development, production, and sale of medical devices in the field of electrophysiological interventional diagnosis and ablation therapy in China and internationally.

Full company description

Shanghai MicroPort EP MedTech Co., Ltd. engages in the research, development, production, and sale of medical devices in the field of electrophysiological interventional diagnosis and ablation therapy in China and internationally. The company offers cardiac ablation catheters, diagnostic catheters, and system navigational solutions; access conventional solutions; cryoablation solutions; and robotic magnetic navigation solutions. It also exports its products to France, Italy, Bulgaria, Brazil, and Thailand. The company was formerly known as Shanghai Wei Chuang Electrophysiology Medical Technology Co., Ltd. and changed its name to Shanghai MicroPort EP MedTech Co., Ltd. in April 2016. Shanghai MicroPort EP MedTech Co., Ltd. was founded in 2010 and is based in Shanghai, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanghai MicroPort EP MedTech Co reported revenue of ¥465M in FY2025 versus ¥190M in FY2021, a compound +25.0%/yr. Reported net income was ¥51.1M in FY2025.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
465M CNY
Latest YoY
+12.4%
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.
+21.3%
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.
+26.9%
Revenue +25.0%/yr
FY21 ¥190M
FY22 ¥260M
FY23 ¥329M
FY24 ¥413M
FY25 ¥465M
Net income
FY21 −¥12.0M
FY22 ¥3.1M
FY23 ¥5.7M
FY24 ¥52.1M
FY25 ¥51.1M

688351 screens 88% overvalued. Compare with Abbott Laboratories, →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Shanghai MicroPort EP MedTech Co Fair Value". https://www.fairvalue-calculator.com/stock/688351

Peer Group

Medical Devices · 348 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 56 · Above median
Fair Value upside −88% · Bottom 25%
Return on equity (TTM) 3% · Above median
Return on assets 0% · Below median
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 5% · Below median
Revenue growth 21% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%

Valuation Multiples vs Medical Devices median · lower = cheaper

P/E (TTM) 159.5× · Pricier than 75% of peers
P/B 5.42× · Pricier than 75% of peers
P/S (TTM) 20.07× · Pricier than 75% of peers

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 100 · sector 29
PAST 14 · sector 8
HEALTH 0 · sector 97
DIVIDEND 2 · sector 39

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 Devices stocks, each showing price versus our Fair Value estimate (as of Aug 12, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%
Getinge AB GETIB kr 206.80 kr 192.14 -7%

Compare Shanghai MicroPort EP MedTech Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Shanghai MicroPort EP MedTech Co (688351) overvalued or undervalued?
As of Aug 12, 2026, our model estimates a fair value of ¥2.45 versus a price of ¥20.80, about −88% (overvalued).
What is the fair value of 688351?
Our model-based fair value for Shanghai MicroPort EP MedTech Co is ¥2.45 (as of Aug 12, 2026), built from audited fundamentals. The current price is ¥20.80.
What is the quality score of 688351?
Shanghai MicroPort EP MedTech Co has a Quality Score of 56/100. 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 Shanghai MicroPort EP MedTech Co (688351)?
Shanghai MicroPort EP MedTech Co reported trailing-twelve-month revenue of about 486M CNY (latest available figure, as of Aug 12, 2026).
What is the net profit margin of 688351?
The net profit margin of Shanghai MicroPort EP MedTech Co is about 12.8%, meaning it keeps roughly 12.8% of revenue as net income. Based on the latest reported figures.
Does Shanghai MicroPort EP MedTech Co pay a dividend?
Shanghai MicroPort EP MedTech Co currently shows a dividend yield of about 0.09% relative to its recent price (as of Aug 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.

14 days Pro free · no card

Track Shanghai MicroPort EP MedTech Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.