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Inspur Electronic Info Industr (000977) Fair Value & Analysis

Technology · CN · Market cap 131B CNY (≈ $19.6B) · ISIN CNE0000012M2

What is Inspur Electronic Info Industr really worth?

IE Inspur Electronic Info Industr 000977 · SHE
Price¥77.72
Fair Value¥74.00
Upside−4.8%
Quality61/100

A solid business, currently priced close to our fair value of ¥74.00.

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Strengths

Healthy Growth (revenue 5y +21.2 %/yr)
Low debt · generates free cash flow

Risks

!Thin margins · 1.7% net margin
!Trails peers (4/15)
!Narrow moat 33/100
!Evidence only medium, so the estimate is less certain
!Weak on valuation: 27 out of 100
!Weak on dividend: 1 out of 100
Evidence: Medium Range ¥55.52 – ¥92.46

Fair value as of: Aug 27, 2026

From 26 valuation models · updated 9 days ago

Fair value updated Aug 27, 2026, revised from ¥44.02 to ¥74.00 (+68.1%) since Aug 13, 2026. Share price +4.8% over the past month.

What runs behind every stock

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

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The price sits in the upper half of our model range, so the margin of safety is thin.
  • Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.

Price vs Fair Value (5 years)

¥90.47 ¥18.71 Fair Value ¥74.00 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range ¥18.71 – ¥90.47 · fair‑value band ¥55.52 – ¥92.46 · the ¥77.72 price screens above the ¥74.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Inspur Electronic Info Industr (000977) currently trades at ¥77.72, while our model-based Fair Value estimate is ¥74.00, implying the stock looks roughly 5.0% fairly valued today. The Quality Score stands at 61/100 (solid quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of ¥77.68 per share, and 6 of the 26 models we run sit above the ¥77.72 price. Bear case: the Asset-Based group reads lowest at ¥9.93, and 20 of the 26 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Inspur Electronic Info Industr generated revenue of 153B CNY at a net margin of 1.7%. Revenue declined 24.3% year over year. It earns a return on equity of 11.8%. The balance sheet holds a net cash position of 107M CNY. Fundamentals as of Aug 27, 2026

Our scenario range runs from ¥55.52 (bear case) to ¥92.46 (bull case); at ¥77.72, 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 4% below its 52-week high and 65% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −53% fair-value upside, at −5%, 000977 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 ¥1.15 per share, which is 1.6 % 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
FCF DCF best evidence ¥63.26 ¥97.63 ¥207.06 76
EPV ¥19.20 ¥21.84 ¥24.16 74
Growth DCF ¥59.70 ¥108.17 ¥206.16 74
All 26 models by family
DCF Models
FCF DCF best evidence ¥63.26 ¥97.63 ¥207.06 76
Owner Earnings ¥36.01 ¥77.68 ¥165.15 71
5Y Revenue Exit ¥33.37 ¥50.22 ¥85.06 71
5Y EBITDA Exit ¥44.63 ¥73.00 ¥128.50 73
5Y P/E Exit ¥45.80 ¥92.74 ¥155.76 68
10Y Revenue Exit ¥41.81 ¥75.97 ¥93.99 67
10Y EBITDA Exit ¥50.80 ¥100.23 ¥183.60 65
10Y P/E Exit ¥51.65 ¥102.75 ¥184.58 61
Earnings-Based
Graham-Dodd ¥11.17 ¥77.92 ¥109.35 63
Lynch FV ¥32.46 ¥46.37 ¥60.28 61
PEG = 1.0 ¥32.46 ¥46.37 ¥60.28 57
EPV ¥19.20 ¥21.84 ¥24.16 74
Dividend Discount
Gordon GGM ¥4.05 ¥8.41 ¥13.35 66
DDM Multi-Stage ¥4.05 ¥7.09 ¥8.83 66
Multiples
P/E Multiple ¥34.51 ¥46.01 ¥57.51 63
P/S Multiple ¥20.95 ¥27.93 ¥34.92 58
P/B Multiple ¥20.95 ¥27.93 ¥34.92 55
EV/EBIT ¥36.65 ¥47.75 ¥58.85 66
EV/EBITDA ¥36.30 ¥47.29 ¥58.27 67
EV/Revenue ¥20.18 ¥27.39 ¥34.61 54
Asset-Based
NCAV (Graham) ¥7.41 ¥9.93 ¥14.82 54
Growth DCF
Growth DCF ¥59.70 ¥108.17 ¥206.16 74
Rev-Margin DCF ¥34.43 ¥57.05 ¥101.12 70
Economic Profit
Residual Income ¥13.40 ¥15.41 ¥29.63 73
ROIC Compounder ¥23.68 ¥32.19 ¥39.10 72
Growth Earnings
Growth-Adj P/E ¥45.47 ¥64.96 ¥84.44 67

Widest divergence: DCF Models (¥77.68) versus Dividend Discount (¥7.09). Highest evidence: FCF DCF (76).

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Key figures & financial health

P/E ratio 44.7
P/S ratio 0.65 P/E × margin
EPS (TTM) ¥1.74 price ÷ EPS = P/E 44.7
Dividend yield 0.1% payout 2.3%
Net margin 1.5% FY2025
Return on equity 11.8% TTM
More key figures
Profitability
Return on assets (EBIT) 4.1% avg 5y
Operating margin 2.2% TTM
Growth
Revenue (TTM) 153B CNY TTM
Revenue growth (YoY) −24.3% 3y avg +33.3%
EPS growth (YoY) +31.1%
Balance sheet & cash flow
Free cash flow 5.2B CNY FY2025
Net cash 107M CNY FY2024

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 62 · Market factors (momentum, volatility) 64

Profitability 43
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 69
Price trend over the last 3–12 months (market factor)
52W Momentum 66
Distance to the 52-week high (market factor)
Net Issuance 86
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

Inspur Electronic Information Industry Co., Ltd., together with its subsidiaries, provides cloud computing and big data services in China and internationally.

Full company description

Inspur Electronic Information Industry Co., Ltd., together with its subsidiaries, provides cloud computing and big data services in China and internationally. The company offers computing equipment, including storage, intelligent network, and cloud operating systems; software products, such as intelligent ERPs, enterprise and industry PaaS platforms, and databases; government and enterprise cloud services; and industrial internet products comprising industrial internet platform, safety, communication, equipment, application, supply chain, and equipment health management. It also provides comprehensive data management; mobile private and all-optical networks, 5G router, IoT gateways, and edge desktop cloud; intelligent terminals, which include display, zero-carbon, and service terminals, as well as intelligent robots; and software and information technology outsourcing and data center services. In addition, the company is involved in the development, production, and sale of computer hardware, software, and auxiliary equipment, as well as parts and electronic components; import and export; software technology development; and repair services. It serves manufacturing, metallurgy, chemical, telecommunications, food, building, water affairs, smart city, business, energy, healthcare, park, highway, urban rail, civil aviation, port and shipping, agriculture, water conservancy, education, culture and tourism, and supply chain industries. The company was formerly known as Langchao Electronic Information Industry Co., Ltd. and changed its name to Inspur Electronic Information Industry Co., Ltd. in April 2006. Inspur Electronic Information Industry Co., Ltd. was founded in 1998 and is headquartered in Jinan, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Inspur Electronic Info Industr reported revenue of 165B CNY in FY2025 versus 67.0B CNY in FY2021, a compound +25.2%/yr. Reported net income was 2.4B CNY in FY2025, compounding +4.8%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
165B CNY
Latest YoY
+43.6%
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.
+33.3%
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.
+21.2%
Avg. revenue growth/yr (28Y) 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.
+22.2%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+9.8% (9.7 + 0.1)
Revenue +25.2%/yr
FY21 67.0B CNY
FY22 69.6B CNY
FY23 65.9B CNY
FY24 115B CNY
FY25 165B CNY
Net income +4.8%/yr
FY21 2.0B CNY
FY22 2.1B CNY
FY23 1.8B CNY
FY24 2.3B CNY
FY25 2.4B CNY
Character of growth · EPS growth decomposed (2013-2024) +19.1 % p.a.
Revenue per share +26.8 %

of which total revenue +31.2 % · buybacks/dilution −3.4 %

EBIT margin −6.1 %
Tax rate +1.8 %
Residual (interest, one-offs) −1.7 %

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).

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Cite: Fair Value Calculator (2026). "Inspur Electronic Info Industr Fair Value". https://www.fairvalue-calculator.com/stock/000977

Peer Group

Computer Hardware · 222 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 61 · Top 25%
Fair Value upside −5% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 2% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth −24% · Bottom 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.25× · Higher than median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 44.7× · Pricier than median
P/B 6.04× · Pricier than 75% of peers
P/S (TTM) 0.86× · Cheaper than median
P/FCF 3.8× · Pricier than median
EV/EBITDA 35.8× · Pricier than 75% of peers
PEG 1.62× · 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
VALUE27 · sector 0
FUTURE0 · sector 59
PAST47 · sector 24
HEALTH88 · sector 97
DIVIDEND1 · sector 37

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Dell Technologies Inc DELL $456.24 $187.75 −59%
Arista Networks, Inc ANET $201.09 $57.72 −71%
Western Digital Corporation WDC $441.57 $47.49 −89%
Hygon Information Technology Co 688041 ¥246.21 ¥30.66 −88%
Hangzhou Hikvision Digital Technology Co 002415 ¥35.18 ¥40.44 +15%
Shenzhen Longsys Electronics Co 301308 ¥376.88 ¥91.67 −76%
Lenovo Group 0992 HK$30.12 HK$33.70 +12%
Dawning Information Industry Co 603019 ¥83.19 ¥39.38 −53%
HP Inc HPQ $30.52 $48.62 +59%
Super Micro Computer, Inc SMCI $38.46 $37.09 −4%

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Frequently asked questions

Is Inspur Electronic Info Industr (000977) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of ¥74.00 versus a price of ¥77.72, about −5% upside (fairly valued).
What is the fair value of 000977?
Our model-based fair value for Inspur Electronic Info Industr is ¥74.00 (as of Aug 27, 2026), built from audited fundamentals. The current price: ¥77.72.
What is the quality score of 000977?
Inspur Electronic Info Industr has a Quality Score of 61/100. 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 Inspur Electronic Info Industr (000977)?
Inspur Electronic Info Industr reported trailing-twelve-month revenue of about 153B CNY (latest available figure, as of Aug 27, 2026).
What is the net profit margin of 000977?
The net profit margin of Inspur Electronic Info Industr is about 1.7%, meaning it keeps roughly 1.7% of revenue as net income. Based on the latest reported figures.
Does Inspur Electronic Info Industr pay a dividend?
Inspur Electronic Info Industr currently shows a dividend yield of about 0.05% relative to its recent price (as of Aug 27, 2026).
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