Suzhou Veichi Electric Co. Ltd. A (688698) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Suzhou Veichi Electric Co. Ltd. A stock ¥10.33, price ¥42.48, that is 75.7% below the price, quality 47 out of 100. Rating: strongly overvalued. Calculated from audited financials with 17 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 6, 2026.
How to read this chart
60‑month range ¥13.38 – ¥110.42 · fair‑value band ¥9.31 – ¥12.77 · the ¥42.48 price screens above the ¥10.33 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Suzhou Veichi Electric Co., Ltd. engages in the research and development, procurement, production, and sale of industrial automation products in China and internationally.
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The company offers long voltage drives, Servo systems, PLC, HMI, medium voltage drives, multi-motor drives, four-quadrant inverters, VFD accessories, and robot components; and industrial robot products, such as six axis, four axis, Scara, collaborative, and welding robots, as well as robot system equipment.
It also provides solar pump system including solar water pump system and inverter, solar pump inverter cabinet, AC solar water pump, BLDC solar pump system, center pivot irrigation system, solar connector, solar dc cable, pv combiner box, solar panel, and accessories.
In addition, the company offers renewable energy products, including hybrid inverters, off-grid and on-grid inverters, battery test system, EV controller, and lithium batteries; and industry specific drive products. The company was founded in 2005 and is headquartered in Suzhou, China.
Suzhou Veichi Electric Co., Ltd. operates as a subsidiary of Huaian Veichi Electric Co., Ltd.
Stock analysis
Suzhou Veichi Electric Co. Ltd. A (688698) currently trades at ¥42.48, while our model-based Fair Value estimate is ¥10.33, 76% 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 ¥41.53 per share, and 2 of the 17 models we run sit above the ¥42.48 price.
Bear case: the DCF Models group reads lowest at ¥3.09, and 15 of the 17 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥9.31 (bear) to ¥12.77 (bull), the price of ¥42.48 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 47/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Suzhou Veichi Electric Co. Ltd. A reported revenue of 1.9B CNY in FY2025 versus 819M CNY in FY2021, a compound +24.2%/yr. Reported net income was 268M CNY in FY2025, compounding +20.6%/yr from FY2021.
Key figures
Market cap 9.0B CNY (≈ $1.3B) Small · P/E ratio 40.1 · P/S ratio 4.24 · EPS (TTM) ¥1.06 · Dividend yield 0.8% · Net margin 11.0% · Return on equity 9.9% · Return on assets (EBIT) 8.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 62% below its 52-week high and 25% 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 −76%, 688698 screens richer than that median.
Fair Value models
Bear¥9.31Fair Value ¥10.33Bull¥12.77
Price ¥42.48 · Downside -75.7%
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 (¥0.6069 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
+18.7%
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.
+29.0%
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.
+27.7%
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.
+25.2%
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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.
+15.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.3%
Dividend (yield on the price)0.8%
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.17% → 14%
Compare Suzhou Veichi Electric Co. Ltd. A 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 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−75.7% · Bottom 25%
Profitability
Return on equity (12 months)9.9% · Above median
Return on assets7.1% · Top 25%
Net margin (12 months)11.0% · Above median
Operating margin (12 months)9.5% · Above median
Growth and dividend
Revenue growth (quarter YoY)17.2% · Above median
Dividend yield (12 months)0.8% · Below median
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/E (12 months)40.1× · Pricier than median
P/B3.82× · Priciest 25%
P/S (12 months)4.24× · Priciest 25%
EV/EBITDA32.7× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)86· sector 31
PAST (return on equity)40· sector 27
HEALTH (low debt)100· sector 96
DIVIDEND (yield)16· 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). "Suzhou Veichi Electric Co. Ltd. A Fair Value". https://www.fairvalue-calculator.com/stock/688698
Frequently asked questions
Is Suzhou Veichi Electric Co. Ltd. A (688698) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of ¥10.33 versus a price of ¥42.48, about 76% lower (overvalued).
What is the fair value of 688698?
Our model-based fair value for Suzhou Veichi Electric Co. Ltd. A is ¥10.33 (as of Nov 6, 2026), built from audited fundamentals. The current price: ¥42.48.
What is the quality score of 688698?
Suzhou Veichi Electric Co. Ltd. A has a Quality Score of 47/100. 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 Suzhou Veichi Electric Co. Ltd. A (688698)?
Our model-based price target is the fair value of ¥10.33 (as of Nov 6, 2026) from 17 valuation models. Cautious scenario ¥9.31, optimistic scenario ¥12.77. It is a calculation from audited fundamentals, not an analyst target.
What is the Suzhou Veichi Electric Co. Ltd. A stock forecast for 2026?
Our models put fair value at ¥10.33, about 76% lower versus a price of ¥42.48 (overvalued). Cautious scenario ¥9.31, optimistic scenario ¥12.77. The calculation is refreshed regularly with new filings.
What is the revenue of Suzhou Veichi Electric Co. Ltd. A (688698)?
Suzhou Veichi Electric Co. Ltd. A reported trailing-twelve-month revenue of about 2.1B CNY (latest available figure, as of Nov 6, 2026).
Does Suzhou Veichi Electric Co. Ltd. A pay a dividend?
Suzhou Veichi Electric Co. Ltd. A currently shows a dividend yield of 0.82% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Suzhou Veichi Electric Co. Ltd. A (688698) and when is the ex-dividend date?
Suzhou Veichi Electric Co. Ltd. A pays a dividend of ¥0.35 per share a year, a dividend yield of 0.8%. The last ex-dividend date was Jun 8, 2026. A dividend has been paid every year since at least 2021. The payout ratio is 33.0% of earnings. Our assessment: Token dividend. At a yield of 0.8% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.8% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of Suzhou Veichi Electric Co. Ltd. A (688698)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Suzhou Veichi Electric Co. Ltd. A it is ¥10.33 per share (as of Nov 6, 2026), against a price of ¥42.48. It is the blended result of 17 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Suzhou Veichi Electric Co. Ltd. A stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 688698 trades above its calculated fair value: price ¥42.48, fair value ¥10.33, a gap of about −76% (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 688698?
No. The price is what the market pays today (¥42.48); the fair value is what the company's own numbers justify (¥10.33). For Suzhou Veichi Electric Co. Ltd. A the two are ¥32.15 per share apart. That gap is exactly why we show both numbers side by side.
How much is Suzhou Veichi Electric Co. Ltd. A worth?
The market values Suzhou Veichi Electric Co. Ltd. A at about 9.0B CNY (market capitalisation, as of Nov 6, 2026). Per share that is ¥42.48; our models calculate a fair value of ¥10.33 per share.
What do the bullish and bearish scenarios say about 688698?
Our models span a range for Suzhou Veichi Electric Co. Ltd. A: cautious scenario ¥9.31, base ¥10.33, optimistic ¥12.77 per share (as of Nov 6, 2026, price ¥42.48). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688698?
Suzhou Veichi Electric Co. Ltd. A trades at a price-to-earnings ratio of 40.1 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥10.33 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings: 37.0. Other multiples: P/B 3.8, P/S 4.2, EV/EBITDA 32.7.
How solid is the balance sheet of Suzhou Veichi Electric Co. Ltd. A (688698)?
Balance-sheet figures for Suzhou Veichi Electric Co. Ltd. A (as of Nov 6, 2026): return on equity 9.9%, debt of 0.01 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 688698 from its 52-week high?
Suzhou Veichi Electric Co. Ltd. A trades at ¥42.48, about 62% below its 52-week high of ¥110.42 and 25% above the low of ¥33.85 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥10.33 is for.
Which stocks are comparable to Suzhou Veichi Electric Co. Ltd. A?
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 Suzhou Veichi Electric Co. Ltd. A stock attractive at the current price?
The data as of Nov 6, 2026: price ¥42.48, calculated fair value ¥10.33 (−76%), Quality Score 47/100, from 17 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 688698 calculated?
We run Suzhou Veichi Electric Co. Ltd. A through 17 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥10.33 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. Suzhou Veichi Electric Co. Ltd. A 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 Suzhou Veichi Electric Co. Ltd. A (688698)?
The closing price on Nov 6, 2026 was ¥42.48. Our model-based fair value is ¥10.33, about 76% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Suzhou Veichi Electric Co. Ltd. A right now?
The price sits above even our optimistic bull case (¥12.77). The favourable scenario is already priced in. Weak quality (47/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Suzhou Veichi Electric Co. Ltd. A
How large is the market capitalisation of Suzhou Veichi Electric Co. Ltd. A (688698)?
The market capitalisation of Suzhou Veichi Electric Co. Ltd. A is 9.0B CNY (≈ $1.3B). 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 Suzhou Veichi Electric Co. Ltd. A (688698)?
The price-to-sales ratio of Suzhou Veichi Electric Co. Ltd. A is 4.24 (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 Suzhou Veichi Electric Co. Ltd. A (688698)?
Earnings per share at Suzhou Veichi Electric Co. Ltd. A are ¥1.06 (price ÷ EPS = P/E 40.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Suzhou Veichi Electric Co. Ltd. A (688698)?
The dividend yield of Suzhou Veichi Electric Co. Ltd. A is 0.8% (payout 33.0%). 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 Suzhou Veichi Electric Co. Ltd. A (688698)?
The net margin of Suzhou Veichi Electric Co. Ltd. A is 11.0% (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 Suzhou Veichi Electric Co. Ltd. A (688698)?
The return on equity (ROE) of Suzhou Veichi Electric Co. Ltd. A is 9.9% (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 Suzhou Veichi Electric Co. Ltd. A (688698)?
On an EBIT basis the return on assets of Suzhou Veichi Electric Co. Ltd. A is 8.6% (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 Suzhou Veichi Electric Co. Ltd. A (688698)?
The operating margin of Suzhou Veichi Electric Co. Ltd. A is 9.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Suzhou Veichi Electric Co. Ltd. A (688698)?
Revenue at Suzhou Veichi Electric Co. Ltd. A is growing +17.2% versus a year earlier (3y avg +29.0%). 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 Suzhou Veichi Electric Co. Ltd. A (688698)?
Earnings per share at Suzhou Veichi Electric Co. Ltd. A are growing −27.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Suzhou Veichi Electric Co. Ltd. A (688698) generate?
The free cash flow of Suzhou Veichi Electric Co. Ltd. A is −59.6M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Suzhou Veichi Electric Co. Ltd. A (688698) hold?
Suzhou Veichi Electric Co. Ltd. A holds more cash than debt, 89.7M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Nov 6, 2026