Symphony Holdings Ltd (1223) fair value: what the stock is really worth
As of Nov 13, 2026: fair value (intrinsic value) of Symphony Holdings Ltd stock HK$0.30, price HK$1.25, that is 76.0% below the price, quality 62 out of 100. Rating: strongly overvalued. Calculated from audited financials with 9 of our 26 valuation models and 37 quality factors, updated daily.
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Symphony Holdings Ltd
1223 · HKFar too expensive (fair value 76% below the price) and falling price, but solid company: meets 1 of 3 rules.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 12, 2026.
How to read this chart
60‑month range HK$0.7564 – HK$1.70 · fair‑value band HK$0.2400 – HK$0.3500 · the HK$1.25 price screens above the HK$0.3000 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 12, 2026.
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Company profile
Symphony Holdings Limited, an investment holding company, engages in the branding, retailing, and financial services business in the People's Republic of China, Hong Kong, the United States, other Asian countries, and internationally.
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It operates through Branding, Retailing, and Financial Services segments. The company is involved in the distribution of Japanese wine; sourcing, manufacturing, and trading of healthcare products; and development and management of SKINS trademarks.
It also manages and operates outlet malls and fashion stores; and provides securities brokerage, margin financing, financial consulting, and money lending services.
In addition, the company offers information technology, corporate, and portfolio management services; and accountancy, legal, secretarial, and cruiser services.
Further, it engages in the trading, retailing, and distribution of swimming apparel and accessories; property investment; holding of club debentures; sub-licensing of trademark rights; manufactures and sales of alcoholic beverages and food; and trading and wholesaling of sportswear.
Additionally, the company provides asset management and investment advisory services; operates park outlets; and owns sports brand of SKINS. The company was formerly known as Liang Shing (Holdings) Limited and changed its name to Symphony Holdings Limited in 1997.
Symphony Holdings Limited was incorporated in 1993 and is headquartered in North Point, Hong Kong.
Stock analysis
Symphony Holdings Ltd (1223) currently trades at HK$1.25, while our model-based Fair Value estimate is HK$0.3000, 76% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of HK$0.4700 per share, and 0 of the 9 models we run sit above the HK$1.25 price.
Bear case: the DCF Models group reads lowest at HK$0.3000, and 9 of the 9 models stay below the price. Data coverage for this calculation is low.
Scenario range: HK$0.2400 (bear) to HK$0.3500 (bull), the price of HK$1.25 sits above 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 62/100 (solid quality), in the Real Estate sector.
Mixed Growth: Spin-off in 2005: revenue and profit before it include the divested business. Growth is measured afresh from 2005.
Symphony Holdings Ltd reported revenue of HK$309M in FY2025 versus HK$323M in FY2021, a compound −1.2%/yr. Reported net income was −HK$32.9M in FY2025.
Key figures
Market cap HK$3.7B (≈ $474M) Small · P/S ratio 11.3 · Dividend yield 0.4% · Net margin −10.7% · Return on equity −1.4% · Return on assets (EBIT) 0.2% (5-year average) · Operating margin 12.9% · Revenue (TTM) HK$334M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 23 out of 100 (medium confidence).
What moves the price
The share trades about 21% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −51% fair-value upside, at −76%, 1223 screens richer than that median.
Fair Value models
All 9 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
1223 screens overvalued: fair value 76% below the price. Compare with Swiss Prime Site AG →
Compare Symphony Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
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.Real Estate - Diversified · 115 stocks
Valuation Multiplesvs Real Estate - Diversified median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EV/EBITDA by industry
- Dividend yield by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Hong Kong Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Singapore Land Group U06 | 2.77 SGD | 3.18 SGD | +15% | vs 1223 |
| Frasers Property Limited TQ5 | 0.9050 SGD | 0.9500 SGD | +5% | vs 1223 |
| Parque Arauco S.A PARAUCO | 3,550 CLP | 3,718 CLP | +5% | vs 1223 |
| Umm Al Qura for Development and Construction Company 4325 | 16.44 SAR | 15.41 SAR | −6% | vs 1223 |
| The St. Joe Company JOE | $70.36 | $34.53 | −51% | vs 1223 |
| Allreal Holding ALLN | CHF 197.20 | CHF 84.38 | −57% | vs 1223 |
| Swiss Prime Site AG SPSN | CHF 134.70 | CHF 44.83 | −67% | vs 1223 |
| Hainan Airport Infrastructure Co 600515 | ¥2.54 | ¥0.7900 | −69% | vs 1223 |
| The Phoenix Mills Limited PHOENIXLTD | ₹2,255 | ₹405.24 | −82% | vs 1223 |
| Prestige Estates Projects Limited PRESTIGE | ₹1,650 | ₹295.84 | −82% | vs 1223 |
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Frequently asked questions
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Key figures of Symphony Holdings Ltd
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