EN DE

GEPIC Energy Development Co Ltd (000791) Fair Value & Analysis

Utilities · CN · Market cap 30.1B CNY (≈ $4.5B) · ISIN CNE000000T42

What is GEPIC Energy Development Co Ltd really worth?

GE GEPIC Energy Development Co Ltd 000791 · SHE
Price¥7.22
Fair Value¥11.38
Upside+57.6%
Quality42/100

Below-average quality, trading 37% below our fair value of ¥11.38.

Watch GEPIC Energy Development Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Highly profitable · 22.3% net margin
Moderate debt · generates free cash flow
Ranks above peers (10/15)
Wide moat 71/100

Risks

!Expensive Growth (revenue 5y +32.0 %/yr)

For context

·3.19% dividend yield
Evidence: High Range ¥6.55 – ¥15.19

Fair value as of: Aug 13, 2026

From 23 valuation models · updated 22 days ago

Share price −8.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain.
  • A fairly wide model range (¥6.55 to ¥15.19) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

¥10.45 ¥3.50 Fair Value ¥11.38 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ¥3.50 – ¥10.45 · fair‑value band ¥6.55 – ¥15.19 · the ¥7.22 price screens below the ¥11.38 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

GEPIC Energy Development Co Ltd (000791) currently trades at ¥7.22, while our model-based Fair Value estimate is ¥11.38, implying the stock looks roughly 36.6% undervalued today. The Quality Score stands at 42/100 (below-average quality), in the Utilities sector. Bull case: the Growth Earnings group reads highest at a median of ¥16.25 per share, and 18 of the 23 models we run sit above the ¥7.22 price. Bear case: the Asset-Based group reads lowest at ¥3.11, and 5 of the 23 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, GEPIC Energy Development Co Ltd generated revenue of 9.2B CNY at a net margin of 22.3%. Revenue grew 6.9% year over year. It earns a return on equity of 16.6%. Net debt stands at 12.2B CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥6.55 (bear case) to ¥15.19 (bull case); at ¥7.22, the current price sits within 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 34% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at −12% fair-value upside, at 58%, 000791 screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.2718 per share, which is 2.4 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
EPV best evidence ¥6.25 ¥7.86 ¥9.27 74
Growth DCF ¥3.06 ¥9.31 ¥21.20 71
ROIC Compounder ¥7.59 ¥12.60 ¥16.68 71
All 23 models by family
DCF Models
FCF DCF ¥3.37 ¥8.03 ¥21.31 70
5Y Revenue Exit ¥2.19 ¥6.94 ¥16.15 65
5Y EBITDA Exit ¥6.88 ¥17.12 ¥35.89 69
5Y P/E Exit ¥4.51 ¥13.32 ¥24.66 66
10Y Revenue Exit ¥2.32 ¥8.18 ¥15.21 62
10Y EBITDA Exit ¥5.83 ¥17.04 ¥37.86 62
10Y P/E Exit ¥4.16 ¥12.56 ¥27.03 58
Earnings-Based
Graham-Dodd ¥4.30 ¥29.99 ¥42.09 63
Lynch FV ¥8.86 ¥12.65 ¥16.45 61
PEG = 1.0 ¥8.86 ¥12.65 ¥16.45 57
EPV best evidence ¥6.25 ¥7.86 ¥9.27 74
Multiples
P/E Multiple ¥8.54 ¥11.38 ¥14.23 63
P/S Multiple ¥5.24 ¥6.99 ¥8.73 58
P/B Multiple ¥6.26 ¥8.35 ¥10.44 55
EV/EBIT ¥9.27 ¥13.50 ¥17.72 65
EV/EBITDA ¥8.50 ¥12.47 ¥16.44 66
EV/Revenue ¥1.48 ¥3.58 ¥5.67 50
Asset-Based
NCAV (Graham) ¥2.32 ¥3.11 ¥4.64 54
Growth DCF
Growth DCF ¥3.06 ¥9.31 ¥21.20 71
Rev-Margin DCF ¥2.19 ¥7.52 ¥15.45 66
Economic Profit
Residual Income ¥4.48 ¥5.65 ¥14.12 69
ROIC Compounder ¥7.59 ¥12.60 ¥16.68 71
Growth Earnings
Growth-Adj P/E ¥11.37 ¥16.25 ¥21.12 67

Widest divergence: Growth Earnings (¥16.25) versus Asset-Based (¥3.11). Highest evidence: EPV (74).

Notify me when 000791 reaches fair value

Put 000791 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 11.5
P/S ratio 2.59 P/E × margin
EPS (TTM) ¥0.6300 price ÷ EPS = P/E 11.5
Dividend yield 3.2% payout 36.5%
Net margin 22.6% FY2025
Return on equity 16.6% TTM
More key figures
Profitability
Return on assets (EBIT) 5.2% avg 5y
Operating margin 42.1% TTM
Growth
Revenue (TTM) 9.2B CNY TTM
Revenue growth (YoY) +6.9% 3y avg +64.2%
EPS growth (YoY) +1.6%
Balance sheet & cash flow
Free cash flow 1.4B CNY FY2025
Net debt 12.2B CNY FY2025 · ≈ 8.7 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 48

Profitability 43
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 35
Distance to the 52-week high (market factor)
Net Issuance 17
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

GEPIC Energy Development Co., Ltd. engages in thermal power, hydropower, wind power, and photovoltaic power generation business in China.

Full company description

GEPIC Energy Development Co., Ltd. engages in thermal power, hydropower, wind power, and photovoltaic power generation business in China. It is also involved in the construction and development of hydropower plants and wind turbines; development of energy-saving equipment and materials; technical consulting; investment, development, and production of power projects; water conservancy and power resource development; installation and maintenance services related to hydropower; training; and power station operation management services. In addition, the company sells spare parts and pumps; invests in the industrial and energy sectors; provides hydropower station automation technology consulting and technology transfer services, and electromechanical equipment; and wholesales and retails building materials and coal. Further, it engages in wind resource development; development and sale of new energy and renewable energy technologies and products; integration and operation of photovoltaic power stations; construction and operation of solar power stations; and provision of engineering consulting, engineering management services, power transmission, and technical services for solar energy utilization. The company was formerly known as Northwest Yongxin Chemical Industry Co., Ltd. and changed its name to GEPIC Energy Development Co., Ltd. in December 2012. GEPIC Energy Development Co., Ltd. was founded in 1997 and is headquartered in Lanzhou, China. GEPIC Energy Development Co., Ltd. is a subsidiary of Gansu Electric Power Investment Group Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GEPIC Energy Development Co Ltd reported revenue of 9.1B CNY in FY2025 versus 2.0B CNY in FY2021, a compound +45.7%/yr. Reported net income was 2.1B CNY in FY2025, compounding +67.5%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
9.1B CNY
Latest YoY
+4.3%
Avg. revenue 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.
+64.2%
Avg. revenue 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.
+32.0%
Avg. revenue growth/yr (31Y) 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.
+14.0%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+18.5% (15.3 + 3.2)
Revenue +45.7%/yr
FY21 2.0B CNY
FY22 2.0B CNY
FY23 7.0B CNY
FY24 8.7B CNY
FY25 9.1B CNY
Net income +67.5%/yr
FY21 261M CNY
FY22 302M CNY
FY23 1.2B CNY
FY24 1.6B CNY
FY25 2.1B CNY
Character of growth · EPS growth decomposed (2013-2024) +12.8 % p.a.
Revenue per share +7.2 %

of which total revenue +15.2 % · buybacks/dilution −7.0 %

EBIT margin +8.5 %
Tax rate −0.5 %
Residual (interest, one-offs) −2.5 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

Watch 000791: get an alert when its fair value changes →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
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). "GEPIC Energy Development Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/000791

Peer Group

Utilities - Renewable · 213 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 42 · Above median
Fair Value upside +58% · Top 25%
Return on equity (TTM) 17% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 22% · Top 25%
Operating margin (TTM) 42% · Top 25%
Revenue growth 7% · Above median
Dividend yield (TTM) 3.2% · Above median
Debt / equity 0.95× · Higher than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/E (TTM) 11.5× · Cheaper than median
P/B 2.00× · Pricier than median
P/S (TTM) 3.27× · Pricier than median
P/FCF 3.2× · Pricier than median
EV/EBITDA 7.8× · Cheaper than median
PEG 1.56× · Pricier than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 6
FUTURE35 · sector 0
PAST66 · sector 14
HEALTH52 · sector 68
DIVIDEND64 · sector 44

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

Similar stocks

10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.96 ¥25.13 −10%
Ørsted A/S ORSTED kr 139.25 kr 31.40 −77%
Huaneng Lancang River Hydropower Inc 600025 ¥9.79 ¥5.57 −43%
Adani Green Energy Limited ADANIGREEN ₹1,319 ₹169.61 −87%
AXIA Energia SA AXIAP $10.74 $9.49 −12%
VERBUND AG OEWA €57.00 €66.19 +16%
BEP BEP $31.27 $70.40 +125%
BEPUN BEPUN C$45.05 C$42.83 −5%
Fortum Oyj FORTUM €19.80 €13.55 −32%
China Longyuan Power Group 001289 ¥15.92 ¥7.55 −53%

Compare GEPIC Energy Development Co Ltd with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Utilities stocks →

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

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is GEPIC Energy Development Co Ltd (000791) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥11.38 versus a price of ¥7.22, about +58% upside (undervalued).
What is the fair value of 000791?
Our model-based fair value for GEPIC Energy Development Co Ltd is ¥11.38 (as of Aug 13, 2026), built from audited fundamentals. The current price: ¥7.22.
What is the quality score of 000791?
GEPIC Energy Development Co Ltd has a Quality Score of 42/100. 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 GEPIC Energy Development Co Ltd (000791)?
GEPIC Energy Development Co Ltd reported trailing-twelve-month revenue of about 9.2B CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 000791?
The net profit margin of GEPIC Energy Development Co Ltd is about 22.3%, meaning it keeps roughly 22.3% of revenue as net income. Based on the latest reported figures.
Does GEPIC Energy Development Co Ltd pay a dividend?
GEPIC Energy Development Co Ltd currently shows a dividend yield of about 3.19% relative to its recent price (as of Aug 13, 2026).
Free · no account needed

Watch GEPIC Energy Development Co Ltd in the live analysis

One click puts GEPIC Energy Development Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.