Neway CNC Equipment Suzhou Co Ltd (688697) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Neway CNC Equipment Suzhou Co Ltd stock ¥7.40, price ¥11.59, that is 36.2% below the price, quality 51 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range ¥7.31 – ¥25.04 · fair‑value band ¥3.44 – ¥10.75 · the ¥11.59 price screens above the ¥7.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Neway CNC Equipment (Suzhou) Co., Ltd. engages in the research and development, production, and sale of CNC machine tools in China.
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It offers slant bed, flat bed, and vertical CNC lathes; vertical and horizontal machinery center products; double column machining center products; and CNC boring machines.
The company's products are primarily used in automotive, new energy, aviation, construction machinery, mold making, valves, automation equipment, electronic equipment, and general equipment industries. It also exports its products to approximately 60 countries and regions.
Neway CNC Equipment (Suzhou) Co., Ltd. was founded in 1997 and is based in Suzhou, China.
Stock analysis
Neway CNC Equipment Suzhou Co Ltd (688697) currently trades at ¥11.59, while our model-based Fair Value estimate is ¥7.40, 36% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥12.09 per share, and 3 of the 24 models we run sit above the ¥11.59 price.
Bear case: the Growth DCF group reads lowest at ¥0.8800, and 21 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥3.44 (bear) to ¥10.75 (bull), the price of ¥11.59 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 51/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Neway CNC Equipment Suzhou Co Ltd reported revenue of 2.9B CNY in FY2025 versus 1.7B CNY in FY2021, a compound +14.0%/yr. Reported net income was 303M CNY in FY2025, compounding +15.8%/yr from FY2021.
Key figures
Market cap 7.4B CNY (≈ $1.1B) Small · P/E ratio 20.0 · P/S ratio 2.11 · EPS (TTM) ¥0.5800 · Dividend yield 2.8% · Net margin 10.6% · Return on equity 20.4% · Return on assets (EBIT) 8.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (low confidence).
What moves the price
The share trades about 54% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at −36%, 688697 screens cheaper than that median.
Fair Value models
Bear¥3.44Fair Value ¥7.40Bull¥10.75
Price ¥11.59 · Downside -36.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.2214 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+17.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+16.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+20.0%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+20.9%
’17
’18
’19
’20
’21
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’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+19.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+17.1%
Dividend (yield on the price)2.8%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 11%
Growth Forecast
A lot of optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
Compare Neway CNC Equipment Suzhou Co Ltd with another stock
Price, fair value, quality and upside side by side.
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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.Specialty Industrial Machinery · 814 stocks
Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside−36.2% · Below median
Profitability
Return on equity (12 months)20.4% · Top 25%
Return on assets6.7% · Above median
Net margin (12 months)10.6% · Above median
Operating margin (12 months)11.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)30.3% · Top 25%
Dividend yield (12 months)2.8% · Top 25%
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/E (12 months)20.0× · Cheaper than median
P/B4.02× · Priciest 25%
P/S (12 months)2.11× · Cheaper than median
EV/EBITDA15.9× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 31
PAST (return on equity)81· sector 27
HEALTH (low debt)0· sector 96
DIVIDEND (yield)55· sector 29
VALUE 0: the price sits above our fair-value range.
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). "Neway CNC Equipment Suzhou Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/688697
Frequently asked questions
Is Neway CNC Equipment Suzhou Co Ltd (688697) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ¥7.40 versus a price of ¥11.59, about 36% lower (overvalued).
What is the fair value of 688697?
Our model-based fair value for Neway CNC Equipment Suzhou Co Ltd is ¥7.40 (as of Nov 8, 2026), built from audited fundamentals. The current price: ¥11.59.
What is the quality score of 688697?
Neway CNC Equipment Suzhou Co Ltd has a Quality Score of 51/100. 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 price target for Neway CNC Equipment Suzhou Co Ltd (688697)?
Our model-based price target is the fair value of ¥7.40 (as of Nov 8, 2026) from 24 valuation models. Cautious scenario ¥3.44, optimistic scenario ¥10.75. It is a calculation from audited fundamentals, not an analyst target.
What is the Neway CNC Equipment Suzhou Co Ltd stock forecast for 2026?
Our models put fair value at ¥7.40, about 36% lower versus a price of ¥11.59 (overvalued). Cautious scenario ¥3.44, optimistic scenario ¥10.75. The calculation is refreshed regularly with new filings.
What is the revenue of Neway CNC Equipment Suzhou Co Ltd (688697)?
Neway CNC Equipment Suzhou Co Ltd reported trailing-twelve-month revenue of about 3.5B CNY (latest available figure, as of Nov 8, 2026).
Does Neway CNC Equipment Suzhou Co Ltd pay a dividend?
Neway CNC Equipment Suzhou Co Ltd currently shows a dividend yield of 2.77% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Neway CNC Equipment Suzhou Co Ltd (688697) and when is the ex-dividend date?
Neway CNC Equipment Suzhou Co Ltd pays a dividend of ¥0.321 per share a year, a dividend yield of 2.8%. The last ex-dividend date was Jun 15, 2026. The payout ratio is 55.3% of earnings. Free cash flow covers the dividend 0.03 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Neway CNC Equipment Suzhou Co Ltd (688697)?
For today's price to be fair in a discounted-cash-flow model, Neway CNC Equipment Suzhou Co Ltd would have to grow free cash flow by more than 80 % per year for five years (discount rate 11.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +20.0 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 688697 use?
Our models discount Neway CNC Equipment Suzhou Co Ltd at 11.5 %: a base by market capitalisation (small), damped by beta 0.86, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Neway CNC Equipment Suzhou Co Ltd that is more than 80 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.5 %) and the same formula as our fair value.
How much growth has Neway CNC Equipment Suzhou Co Ltd (688697) delivered so far?
Over the past 5 years revenue at Neway CNC Equipment Suzhou Co Ltd grew +20.0 % a year. The price currently implies free-cash-flow growth of more than 80 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Neway CNC Equipment Suzhou Co Ltd (688697) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Neway CNC Equipment Suzhou Co Ltd (more than 80 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Neway CNC Equipment Suzhou Co Ltd (688697)?
The free-cash-flow yield on the price is 0.11 %: that much free cash flow Neway CNC Equipment Suzhou Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Neway CNC Equipment Suzhou Co Ltd (688697)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Neway CNC Equipment Suzhou Co Ltd it is ¥7.40 per share (as of Nov 8, 2026), against a price of ¥11.59. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Neway CNC Equipment Suzhou Co Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 688697 trades above its calculated fair value: price ¥11.59, fair value ¥7.40, a gap of about −36% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 688697?
No. The price is what the market pays today (¥11.59); the fair value is what the company's own numbers justify (¥7.40). For Neway CNC Equipment Suzhou Co Ltd the two are ¥4.19 per share apart. That gap is exactly why we show both numbers side by side.
How much is Neway CNC Equipment Suzhou Co Ltd worth?
The market values Neway CNC Equipment Suzhou Co Ltd at about 7.4B CNY (market capitalisation, as of Nov 8, 2026). Per share that is ¥11.59; our models calculate a fair value of ¥7.40 per share.
What do the bullish and bearish scenarios say about 688697?
Our models span a range for Neway CNC Equipment Suzhou Co Ltd: cautious scenario ¥3.44, base ¥7.40, optimistic ¥10.75 per share (as of Nov 8, 2026, price ¥11.59). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688697?
Neway CNC Equipment Suzhou Co Ltd trades at a price-to-earnings ratio of 20.0 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥7.40 is built from several models across several years. Other multiples: P/B 4.0, P/S 2.1, EV/EBITDA 15.9.
How solid is the balance sheet of Neway CNC Equipment Suzhou Co Ltd (688697)?
Balance-sheet figures for Neway CNC Equipment Suzhou Co Ltd (as of Nov 8, 2026): return on equity 20.4%. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 688697 from its 52-week high?
Neway CNC Equipment Suzhou Co Ltd trades at ¥11.59, about 54% below its 52-week high of ¥25.04 and 7% above the low of ¥10.82 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥7.40 is for.
Which stocks are comparable to Neway CNC Equipment Suzhou Co Ltd?
From the same area (Industrials) we also value SIE, GE Vernova Inc, Eaton Corporation, Parker-Hannifin Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Neway CNC Equipment Suzhou Co Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price ¥11.59, calculated fair value ¥7.40 (−36%), Quality Score 51/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 688697 calculated?
We run Neway CNC Equipment Suzhou Co Ltd through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥7.40 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Neway CNC Equipment Suzhou Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Neway CNC Equipment Suzhou Co Ltd (688697)?
The closing price on Nov 6, 2026 was ¥11.59. Our model-based fair value is ¥7.40, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Neway CNC Equipment Suzhou Co Ltd right now?
The price sits above even our optimistic bull case (¥10.75). The favourable scenario is already priced in. The model range is unusually wide (¥3.44 to ¥10.75). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Neway CNC Equipment Suzhou Co Ltd
How large is the market capitalisation of Neway CNC Equipment Suzhou Co Ltd (688697)?
The market capitalisation of Neway CNC Equipment Suzhou Co Ltd is 7.4B CNY (≈ $1.1B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Neway CNC Equipment Suzhou Co Ltd (688697)?
The price-to-sales ratio of Neway CNC Equipment Suzhou Co Ltd is 2.11 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Neway CNC Equipment Suzhou Co Ltd (688697)?
Earnings per share at Neway CNC Equipment Suzhou Co Ltd are ¥0.5800 (price ÷ EPS = P/E 20.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Neway CNC Equipment Suzhou Co Ltd (688697)?
The dividend yield of Neway CNC Equipment Suzhou Co Ltd is 2.8% (payout 55.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Neway CNC Equipment Suzhou Co Ltd (688697)?
The net margin of Neway CNC Equipment Suzhou Co Ltd is 10.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Neway CNC Equipment Suzhou Co Ltd (688697)?
The return on equity (ROE) of Neway CNC Equipment Suzhou Co Ltd is 20.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Neway CNC Equipment Suzhou Co Ltd (688697)?
On an EBIT basis the return on assets of Neway CNC Equipment Suzhou Co Ltd is 8.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Neway CNC Equipment Suzhou Co Ltd (688697)?
The operating margin of Neway CNC Equipment Suzhou Co Ltd is 11.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Neway CNC Equipment Suzhou Co Ltd (688697)?
Revenue at Neway CNC Equipment Suzhou Co Ltd is growing +30.3% versus a year earlier (3y avg +16.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Neway CNC Equipment Suzhou Co Ltd (688697)?
Earnings per share at Neway CNC Equipment Suzhou Co Ltd are growing +25.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Neway CNC Equipment Suzhou Co Ltd (688697) carry?
The net debt of Neway CNC Equipment Suzhou Co Ltd is 100M CNY (fiscal year 2025, ≈ 16.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026