Zhaojin Mining Industry Company (ZHAOF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Zhaojin Mining Industry Company $2.81, price $2.55, upside +10.2%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Zhaojin Mining Industry Company
ZHAOF · USNeutralThe stock looks roughly fairly valued with average quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Sep 24, 2026.
How to read this chart
60‑month range $0.4277 – $4.38 · fair‑value band $1.52 – $4.79 · the $2.55 price screens below the $2.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 24, 2026.
Company profile
Zhaojin Mining Industry Company Limited, an investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People's Republic of China and internationally. It operates in three segments: Gold Operations, Copper Operations, and Others.
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Zhaojin Mining Industry Company Limited, an investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People's Republic of China and internationally. It operates in three segments: Gold Operations, Copper Operations, and Others. The company offers Au9999 and Au 9995 gold bullions under the Zhaojin brand name. It also engages in copper mining and smelting; processing of sulphur ore; engineering design and development; land exploration; and material trading activities. In addition, the company provides technical advisory, financial, and catering services. Zhaojin Mining Industry Company Limited was incorporated in 2004 and is based in Zhaoyuan, the People's Republic of China.
Stock analysis
Zhaojin Mining Industry Company (ZHAOF) currently trades at $2.55, while our model-based Fair Value estimate is $2.81, implying the stock looks roughly 9.3% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $2.89 per share, and 11 of the 26 models we run sit above the $2.55 price.
Bear case: the Dividend Discount group reads lowest at $0.4500, and 15 of the 26 models stay below the price. Evidence for this calculation is medium.
Scenario range: $1.52 (bear) to $4.79 (bull), the price of $2.55 sits inside 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 60/100 (solid quality), in the Basic Materials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Zhaojin Mining Industry Company reported revenue of 17.6B CNY in FY2025 versus 6.9B CNY in FY2021, a compound +26.5%/yr. Reported net income was 3.5B CNY in FY2025, compounding +219.7%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap $9.0B · P/E ratio 14.7 · P/S ratio 2.95 · EPS (TTM) $0.1400 · Dividend yield 3.9% · Net margin 20.0% · Return on equity 18.2% · Return on assets (EBIT) 4.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at 10%, ZHAOF screens cheaper than that median.
Fair Value models
All 26 models by family
Notify me when ZHAOF reaches fair value
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Set up alert →Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 72
Revenue & earnings trend
Growth Forecast
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Compare Zhaojin Mining Industry Company with another stock
Price, fair value, quality and upside side by side.
Context: sector, industry, market
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Gold stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Newmont Corporation NEM | $115.34 | $126.87 | +10% |
| Zijin Mining Group 601899 | ¥30.01 | ¥44.45 | +48% |
| Agnico Eagle Mines Limited AEM | $185.83 | $219.71 | +18% |
| Wheaton Precious Metals Corp WPM | $135.39 | $87.78 | −35% |
| Franco-Nevada Corporation FNV | $245.81 | $270.39 | +10% |
| AngloGold Ashanti plc AU | $99.03 | $88.60 | −11% |
| Kinross Gold Corporation KGC | $24.06 | $51.30 | +113% |
| Royal Gold, Inc RGLD | $238.93 | $262.82 | +10% |
| Shandong Gold Mining Co 600547 | ¥29.07 | ¥23.61 | −19% |
| Pan American Silver Corp PAAS | $46.14 | $59.13 | +28% |
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Key figures of Zhaojin Mining Industry Company
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