Huangshan Tourism Development Co Ltd B (900942) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Huangshan Tourism Development Co Ltd B stock $1.00, price $0.60, upside +65.8%, quality 58 out of 100. Rating: strongly undervalued. Calculated from audited financials with 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 $0.5860 – $0.8440 · fair‑value band $0.7500 – $1.30 · the $0.6030 price screens below the $1.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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Huangshan Tourism Development Co.,Ltd. engages in the tourism business in China. The company is involved in the environmental sanitation and cleaning of Scenic Areas, tickets management, scenic area development and management, scenic area sewage treatment and management.
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It also provides cableway; operates hotels and travel agency businesses; and engages in Huizhou cuisine catering, as well as smart tourism, small town projects, new retailing and supply chains. The company was founded in 1996 and is based in Huangshan, China.
Stock analysis
Huangshan Tourism Development Co Ltd B (900942) currently trades at $0.6030, while our model-based Fair Value estimate is $1.00, implying the stock looks roughly 40% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $1.12 per share, and 19 of the 26 models we run sit above the $0.6030 price.
Bear case: the Asset-Based group reads lowest at $0.1400, and 7 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: $0.7500 (bear) to $1.30 (bull), the price of $0.6030 sits below 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 58/100 (solid quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Huangshan Tourism Development Co Ltd B reported revenue of 2.1B CNY in FY2025 versus 895M CNY in FY2021, a compound +23.9%/yr. Reported net income was 292M CNY in FY2025, compounding +61.1%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap $440M Small · P/E ratio 10.3 · P/S ratio 1.42 · EPS (TTM) $0.0600 · Dividend yield 11.8% · Net margin 13.9% · Return on equity 6.3% · Return on assets (EBIT) 4.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 54 out of 100 (low confidence).
What moves the price
The share trades about 17% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −27% fair-value upside, at 66%, 900942 screens cheaper than that median.
Fair Value models
Bear$0.7500Fair Value $1.00Bull$1.30
Price $0.6030 · Upside +65.8%
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.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
+9.2%
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.
+38.2%
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.
+23.3%
Start year 2020 (pandemic). Over 10 years: +2.4% a year
Revenue growth 10 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.
+2.4%
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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.
≈ +20.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +8.8%
Dividend (yield on the price)11.8%
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.−13% → 24%
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 0.26 per share, median 0.67 in 2017 to 2018). It measures the recovery from the trough, not lasting growth.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
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).
−4.2%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+5.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in CNY, China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about −5.8% a year for the price and +3.7% for the forecasts.
Compare Huangshan Tourism Development Co Ltd B 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.Lodging · 159 stocks
Beats the industry median on 14/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside+65.8% · Top 25%
Profitability
Return on equity (12 months)6.3% · Above median
Return on assets4.8% · Above median
Net margin (12 months)13.7% · Above median
Operating margin (12 months)25.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)6.3% · Above median
Dividend yield (12 months)11.8% · Top 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Lodging median · lower = cheaper
P/E (12 months)10.3× · Cheapest 25%
P/B0.61× · Cheaper than median
P/S (12 months)1.36× · Cheaper than median
Price / free cash flow (fiscal year)20.8× · Pricier than median
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). "Huangshan Tourism Development Co Ltd B Fair Value". https://www.fairvalue-calculator.com/stock/900942
Frequently asked questions
Is Huangshan Tourism Development Co Ltd B (900942) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $1.00 versus a price of $0.6030, about +66% upside (undervalued).
What is the fair value of 900942?
Our model-based fair value for Huangshan Tourism Development Co Ltd B is $1.00 (as of Nov 8, 2026), built from audited fundamentals. The current price: $0.6030.
What is the quality score of 900942?
Huangshan Tourism Development Co Ltd B has a Quality Score of 58/100. 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 Huangshan Tourism Development Co Ltd B (900942)?
Our model-based price target is the fair value of $1.00 (as of Nov 8, 2026) from 26 valuation models. Cautious scenario $0.7500, optimistic scenario $1.30. It is a calculation from audited fundamentals, not an analyst target.
What is the Huangshan Tourism Development Co Ltd B stock forecast for 2026?
Our models put fair value at $1.00, about +66% upside versus a price of $0.6030 (undervalued). Cautious scenario $0.7500, optimistic scenario $1.30. The calculation is refreshed regularly with new filings.
What is the revenue of Huangshan Tourism Development Co Ltd B (900942)?
Huangshan Tourism Development Co Ltd B reported trailing-twelve-month revenue of about 2.2B CNY (latest available figure, as of Nov 8, 2026).
Does Huangshan Tourism Development Co Ltd B pay a dividend?
Huangshan Tourism Development Co Ltd B currently shows a dividend yield of 11.77% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Huangshan Tourism Development Co Ltd B (900942) and when is the ex-dividend date?
Huangshan Tourism Development Co Ltd B pays a dividend of $0.071 per share a year, a dividend yield of 11.8%. The last ex-dividend date was Jul 1, 2026. The payout ratio is 35.0% of earnings. Free cash flow covers the dividend 1.38 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Huangshan Tourism Development Co Ltd B (900942)?
For today's price to be fair in a discounted-cash-flow model, Huangshan Tourism Development Co Ltd B would have to grow free cash flow by -4.2 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +23.3 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 900942 use?
Our models discount Huangshan Tourism Development Co Ltd B at 10.4 %: a base by market capitalisation (small), damped by beta 0.20, 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 Huangshan Tourism Development Co Ltd B that is -4.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Huangshan Tourism Development Co Ltd B (900942) delivered so far?
Over the past 5 years revenue at Huangshan Tourism Development Co Ltd B grew +23.3 % a year. The price currently implies free-cash-flow growth of -4.2 % 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 Huangshan Tourism Development Co Ltd B (900942) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Huangshan Tourism Development Co Ltd B (-4.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Huangshan Tourism Development Co Ltd B (900942)?
The free-cash-flow yield on the price is 4.81 %: that much free cash flow Huangshan Tourism Development Co Ltd B produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Huangshan Tourism Development Co Ltd B (900942)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Huangshan Tourism Development Co Ltd B it is $1.00 per share (as of Nov 8, 2026), against a price of $0.6030. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Huangshan Tourism Development Co Ltd B stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 900942 trades below its calculated fair value: price $0.6030, fair value $1.00, a gap of about +66% (undervalued). 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 900942?
No. The price is what the market pays today ($0.6030); the fair value is what the company's own numbers justify ($1.00). For Huangshan Tourism Development Co Ltd B the two are $0.3970 per share apart. That gap is exactly why we show both numbers side by side.
How much is Huangshan Tourism Development Co Ltd B worth?
The market values Huangshan Tourism Development Co Ltd B at about $440M (market capitalisation, as of Nov 8, 2026). Per share that is $0.6030; our models calculate a fair value of $1.00 per share.
What do the bullish and bearish scenarios say about 900942?
Our models span a range for Huangshan Tourism Development Co Ltd B: cautious scenario $0.7500, base $1.00, optimistic $1.30 per share (as of Nov 8, 2026, price $0.6030). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 900942?
Huangshan Tourism Development Co Ltd B trades at a price-to-earnings ratio of 10.3 (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 $1.00 is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2017 to 2025), reported earnings: 12.9. Other multiples: PEG 0.6, P/B 0.6, P/S 1.4, EV/EBITDA 1.9.
What is the PEG ratio of 900942?
The PEG ratio of Huangshan Tourism Development Co Ltd B is 0.59 (P/E divided by earnings growth, as of Nov 8, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Huangshan Tourism Development Co Ltd B (900942)?
Balance-sheet figures for Huangshan Tourism Development Co Ltd B (as of Nov 8, 2026): return on equity 6.3%, debt of 0.00 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 900942 from its 52-week high?
Huangshan Tourism Development Co Ltd B trades at $0.6030, about 17% below its 52-week high of $0.7270 and 3% above the low of $0.5860 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $1.00 is for.
Which stocks are comparable to Huangshan Tourism Development Co Ltd B?
From the same area (Consumer Cyclical) we also value Marriott International, Inc, Hilton Worldwide Holdings, Hyatt Hotels Corporation, H World Group, 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 Huangshan Tourism Development Co Ltd B stock attractive at the current price?
The data as of Nov 8, 2026: price $0.6030, calculated fair value $1.00 (+66%), Quality Score 58/100, from 26 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 900942 calculated?
We run Huangshan Tourism Development Co Ltd B through 26 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 $1.00 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. Huangshan Tourism Development Co Ltd B currently trades 40% below its own fair value, and the market average says nothing about that. 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 Huangshan Tourism Development Co Ltd B (900942)?
The closing price on Nov 6, 2026 was $0.6030. Our model-based fair value is $1.00, about +66% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Huangshan Tourism Development Co Ltd B right now?
The price is below even our cautious bear case ($0.7500). The market is more pessimistic than our downside scenario. 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 quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Huangshan Tourism Development Co Ltd B
How large is the market capitalisation of Huangshan Tourism Development Co Ltd B (900942)?
The market capitalisation of Huangshan Tourism Development Co Ltd B is $440M. 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 Huangshan Tourism Development Co Ltd B (900942)?
The price-to-sales ratio of Huangshan Tourism Development Co Ltd B is 1.42 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Huangshan Tourism Development Co Ltd B (900942)?
Earnings per share at Huangshan Tourism Development Co Ltd B are $0.0600 (price ÷ EPS = P/E 10.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Huangshan Tourism Development Co Ltd B (900942)?
The dividend yield of Huangshan Tourism Development Co Ltd B is 11.8% (payout 118%). 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 Huangshan Tourism Development Co Ltd B (900942)?
The net margin of Huangshan Tourism Development Co Ltd B is 13.9% (fiscal year 2025). 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 Huangshan Tourism Development Co Ltd B (900942)?
The return on equity (ROE) of Huangshan Tourism Development Co Ltd B is 6.3% (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 Huangshan Tourism Development Co Ltd B (900942)?
On an EBIT basis the return on assets of Huangshan Tourism Development Co Ltd B is 4.8% (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 Huangshan Tourism Development Co Ltd B (900942)?
The operating margin of Huangshan Tourism Development Co Ltd B is 25.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Huangshan Tourism Development Co Ltd B (900942)?
Revenue at Huangshan Tourism Development Co Ltd B is growing +6.3% versus a year earlier (3y avg +38.2%). 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 Huangshan Tourism Development Co Ltd B (900942)?
Earnings per share at Huangshan Tourism Development Co Ltd B are growing +6.7% versus a year earlier. How much earnings per share grew versus a year earlier.
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Nov 8, 2026