EN DE

Guangdong Advertising Group (002400) Fair Value & Analysis

Communication Services · CN · Market cap 12.3B CNY

GA Guangdong Advertising Group 002400 · SHE
Price¥7.16
Fair Value¥1.14
Upside-84.1%
Quality46/100
Watch Guangdong Advertising Group for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 0.4% net margin
Low debt · negative free cash flow
0.22% dividend yield
Trails peers (4/14)
Narrow moat 19/100
Evidence: High Range ¥0.8500 – ¥1.42 Share as image

Fair value as of: Aug 13, 2026

From 17 valuation models · updated yesterday

Share price +15.7% over the past month.

Below-average quality, and screening another 84% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥1.42). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥13.81 ¥3.68 Fair Value ¥1.14 Feb 2021 Aug 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 ¥3.68 – ¥13.81 · fair‑value band ¥0.8500 – ¥1.42 · the ¥7.16 price screens above the ¥1.14 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

Guangdong Advertising Group (002400) currently trades at ¥7.16, while our model-based Fair Value estimate is ¥1.14, implying the stock looks roughly 84.1% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Guangdong Advertising Group generated revenue of 22.2B CNY at a net margin of 0.4%. Revenue grew 22.2% year over year. It earns a return on equity of 2.2%. The balance sheet holds a net cash position of 376M CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥0.8500 (bear case) to ¥1.42 (bull case); at ¥7.16, the current price sits above 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 48% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -13% fair-value upside, at -84%, 002400 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
Residual Income ¥2.02 ¥1.94 ¥1.53 76
ROIC Compounder ¥1.84 ¥1.91 ¥1.98 72
Gordon GGM ¥0.4900 ¥1.01 ¥1.61 70
All 17 models by family
DCF Models
Owner Earnings ¥2.52 ¥3.55 ¥5.39 31
Earnings-Based
Graham-Dodd ¥0.3500 ¥1.78 ¥2.46 54
Lynch FV ¥0.4800 ¥0.6900 ¥0.9000 50
PEG = 1.0 ¥0.4800 ¥0.6900 ¥0.9000 46
EPV ¥1.84 ¥1.91 ¥1.98 59
Dividend Discount
Gordon GGM ¥0.4900 ¥1.01 ¥1.61 70
DDM Multi-Stage ¥0.4900 ¥0.8500 ¥1.06 61
Multiples
P/E Multiple ¥0.8500 ¥1.14 ¥1.42 63
P/S Multiple ¥0.6600 ¥0.8800 ¥1.10 58
P/B Multiple ¥0.6600 ¥0.8800 ¥1.10 55
EV/EBIT ¥2.35 ¥2.67 ¥3.00 53
EV/EBITDA ¥2.48 ¥2.85 ¥3.22 54
EV/Revenue ¥2.11 ¥2.43 ¥2.75 43
Asset-Based
NCAV (Graham) ¥1.44 ¥1.92 ¥2.87 50
Economic Profit
Residual Income ¥2.02 ¥1.94 ¥1.53 76
ROIC Compounder ¥1.84 ¥1.91 ¥1.98 72
Growth Earnings
Growth-Adj P/E ¥0.7500 ¥1.07 ¥1.39 68

Widest divergence: DCF Models (¥3.55) versus Earnings-Based (¥0.6900). Highest evidence: Residual Income (76).

Notify me when 002400 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 22.2B CNY
Revenue growth (YoY) +22.2%
Net margin 0.4%
Return on equity 2.2%
Free cash flow −440M CNY FY2025
P/E ratio 143.2
More key figures
Operating margin 1.2%
EPS (TTM) ¥0.0500
Dividend yield 0.2%
EPS growth (YoY) -40.1%
Net cash 376M CNY FY2024

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 46 · Market factors (momentum, volatility) 21

Profitability 35
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 82
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.

About the company

Guangdong Advertising Group Co.,Ltd operates as an advertising and marketing company in China and internationally. It engages in media agency, digital marketing, brand management, media publishing, and public relations activities. It is also involved in e-commerce and overseas marketing business.

Full company description

Guangdong Advertising Group Co.,Ltd operates as an advertising and marketing company in China and internationally. It engages in media agency, digital marketing, brand management, media publishing, and public relations activities. It is also involved in e-commerce and overseas marketing business. In addition, the company operates cloud computing, as well as offers big data products and marketing solutions. The company was formerly known as Guangdong Advertising Co., Ltd. and changed its name to Guangdong Advertising Group Co.,Ltd in June 2015. Guangdong Advertising Group Co.,Ltd was founded in 1979 and is headquartered in Guangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangdong Advertising Group reported revenue of ¥21.4B in FY2025 versus ¥13.0B in FY2021, a compound +13.2%/yr. Reported net income was ¥90.0M in FY2025, compounding −16.4%/yr from FY2021.

Growth Quality 49/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
21.4B CNY
Latest YoY
+3.4%
Avg. 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.
+13.5%
Avg. 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.
+9.9%
Avg. growth/yr (19Y) 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.
+17.4%
Revenue +13.2%/yr
FY21 ¥13.0B
FY22 ¥14.6B
FY23 ¥16.7B
FY24 ¥20.7B
FY25 ¥21.4B
Net income −16.4%/yr
FY21 ¥184M
FY22 ¥213M
FY23 ¥153M
FY24 ¥101M
FY25 ¥90.0M
Character of growth · EPS growth decomposed (2013-2024) −12.1 % p.a.
Revenue per share +8.3 pp

of which total revenue +10.3 pp · buybacks/dilution −2.0 pp

EBIT margin −20.7 pp
Tax rate +0.1 pp
Residual (interest, one-offs) +0.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

002400 screens 84% overvalued. Compare with AppLovin Corporation →

Share or link this analysis
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). "Guangdong Advertising Group Fair Value". https://www.fairvalue-calculator.com/stock/002400

Peer Group

Advertising Agencies · 199 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 46 · Below median
Fair Value upside −84% · Bottom 25%
Return on equity (TTM) 2% · Above median
Return on assets 1% · Below median
Net margin (TTM) 0% · Above median
Operating margin (TTM) 1% · Below median
Revenue growth 22% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Advertising Agencies median · lower = cheaper

P/E (TTM) 143.2× · Pricier than 75% of peers
P/B 2.47× · Pricier than 75% of peers
P/S (TTM) 0.56× · Pricier than median
EV/EBITDA 57.7× · Pricier than 75% of peers
PEG 1.27× · Pricier than median

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.

VALUE 0 · sector 24
FUTURE 100 · sector 6
PAST 9 · sector 5
HEALTH 99 · sector 98
DIVIDEND 4 · sector 67

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

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

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $303.76 $252.45 -17%
Publicis Groupe S.A PUB €99.98 €146.36 +46%
Omnicom Group OMC $85.51 $99.84 +17%
Focus Media Information Technology Co 002027 ¥5.29 ¥5.71 +8%
The Trade Desk, Inc TTD $13.49 $29.07 +115%
JCDecaux SE DEC €24.00 €20.99 -13%
Easy Click Worldwide Network Technology Co 301171 ¥37.40 ¥5.62 -85%
Mobvista Inc 1860 HK$11.04 HK$6.43 -42%
Affle 3i Limited AFFLE ₹1,643 ₹611.48 -63%
Zhewen Interactive Group 600986 ¥8.24 ¥1.47 -82%

Compare Guangdong Advertising Group with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Communication Services stocks →

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

Frequently asked questions

Is Guangdong Advertising Group (002400) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥1.14 versus a price of ¥7.16, about −84% (overvalued).
What is the fair value of 002400?
Our model-based fair value for Guangdong Advertising Group is ¥1.14 (as of Aug 13, 2026), built from audited fundamentals. The current price is ¥7.16.
What is the quality score of 002400?
Guangdong Advertising Group has a Quality Score of 46/100. 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 Guangdong Advertising Group (002400)?
Guangdong Advertising Group reported trailing-twelve-month revenue of about 22.2B CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 002400?
The net profit margin of Guangdong Advertising Group is about 0.4%, meaning it keeps roughly 0.4% of revenue as net income. Based on the latest reported figures.
Does Guangdong Advertising Group pay a dividend?
Guangdong Advertising Group currently shows a dividend yield of about 0.22% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Guangdong Advertising Group and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.