FIH Mobile Ltd (2038) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of FIH Mobile Ltd stock HK$11.87, price HK$13.78, that is 13.9% below the price, quality 61 out of 100. Rating: overvalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range HK$4.55 – HK$30.53 · fair‑value band HK$11.02 – HK$13.15 · the HK$13.78 price screens above the HK$11.87 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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FIH Mobile Limited, an investment holding company, designs, manufactures, trades in, and repairs handsets worldwide. The company offers mobile/IoT devices; smart manufacturing services; intelligent automotive; software engineering; and vertical solutions.
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It also engages in research and development activities; manufacture and sale of electronic products; and import and export activities. The company was formerly known as Foxconn International Holdings Limited and changed its name to FIH Mobile Limited in May 2013.
FIH Mobile Limited was incorporated in 2000 and is headquartered in New Taipei City, Taiwan. FIH Mobile Limited operates as a subsidiary of Foxconn (Far East) Limited.
Stock analysis
FIH Mobile Ltd (2038) currently trades at HK$13.78, while our model-based Fair Value estimate is HK$11.87, 14% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of HK$19.08 per share, and 5 of the 14 models we run sit above the HK$13.78 price.
Bear case: the Asset-Based group reads lowest at HK$6.98, and 9 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: HK$11.02 (bear) to HK$13.15 (bull), the price of HK$13.78 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 61/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
FIH Mobile Ltd reported revenue of $6.7B in FY2025 versus $8.6B in FY2021, a compound −6.2%/yr. Reported net income was $52.7M in FY2025, compounding −1.6%/yr from FY2021.
Key figures
Market cap HK$11.0B (≈ $1.4B) Small · P/E ratio 22.2 · P/S ratio 0.18 · Dividend yield 0.3% · Net margin 0.8% · Return on equity 4.0% · Return on assets (EBIT) −0.8% (5-year average) · Operating margin 0.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 25 out of 100 (medium confidence).
What moves the price
The share trades about 55% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −14% fair-value upside, at −14%, 2038 screens cheaper than that median.
Fair Value models
BearHK$11.02Fair Value HK$11.87BullHK$13.15
Price HK$13.78 · Downside -13.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.20/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+16.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−10.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−5.7%
Start year 2020 (pandemic). Over 10 years: −1.1% a year
Revenue growth 22 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+8.6%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−0.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.0%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−1.0% vs −11.3%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−3% → 1%
Price, fair value, quality and upside side by side.
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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.Consumer Electronics · 114 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score61 · Top 25%
Fair Value upside−13.9% · Above median
Profitability
Return on equity (12 months)4.0% · Below median
Return on assets1.4% · Below median
Net margin (12 months)0.8% · Below median
Operating margin (12 months)0.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)10.1% · Above median
Dividend yield (12 months)0.3% · Bottom 25%
Valuation Multiplesvs Consumer Electronics median · lower = cheaper
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). "FIH Mobile Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2038
Frequently asked questions
Is FIH Mobile Ltd (2038) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of HK$11.87 versus a price of HK$13.78, about 14% lower (overvalued).
What is the fair value of 2038?
Our model-based fair value for FIH Mobile Ltd is HK$11.87 (as of Nov 5, 2026), built from audited fundamentals. The current price: HK$13.78.
What is the quality score of 2038?
FIH Mobile Ltd 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 price target for FIH Mobile Ltd (2038)?
Our model-based price target is the fair value of HK$11.87 (as of Nov 5, 2026) from 14 valuation models. Cautious scenario HK$11.02, optimistic scenario HK$13.15. It is a calculation from audited fundamentals, not an analyst target.
What is the FIH Mobile Ltd stock forecast for 2026?
Our models put fair value at HK$11.87, about 14% lower versus a price of HK$13.78 (overvalued). Cautious scenario HK$11.02, optimistic scenario HK$13.15. The calculation is refreshed regularly with new filings.
What is the revenue of FIH Mobile Ltd (2038)?
FIH Mobile Ltd reported trailing-twelve-month revenue of about $6.9B (latest available figure, as of Nov 5, 2026).
Does FIH Mobile Ltd pay a dividend?
FIH Mobile Ltd currently shows a dividend yield of 0.25% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of FIH Mobile Ltd (2038) and when is the ex-dividend date?
FIH Mobile Ltd pays a dividend of HK$0.035 per share a year, a dividend yield of 0.3%. The last ex-dividend date was Jun 11, 2026. The payout ratio is 6.6% of earnings. Our assessment: Token dividend. At a yield of 0.3% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.3% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of FIH Mobile Ltd (2038)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For FIH Mobile Ltd it is HK$11.87 per share (as of Nov 5, 2026), against a price of HK$13.78. It is the blended result of 14 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is FIH Mobile Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 2038 trades above its calculated fair value: price HK$13.78, fair value HK$11.87, a gap of about −14% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 2038?
No. The price is what the market pays today (HK$13.78); the fair value is what the company's own numbers justify (HK$11.87). For FIH Mobile Ltd the two are HK$1.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is FIH Mobile Ltd worth?
The market values FIH Mobile Ltd at about HK$11.0B (market capitalisation, as of Nov 5, 2026). Per share that is HK$13.78; our models calculate a fair value of HK$11.87 per share.
What do the bullish and bearish scenarios say about 2038?
Our models span a range for FIH Mobile Ltd: cautious scenario HK$11.02, base HK$11.87, optimistic HK$13.15 per share (as of Nov 5, 2026, price HK$13.78). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2038?
FIH Mobile Ltd trades at a price-to-earnings ratio of 22.2 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$11.87 is built from several models across several years. Other multiples: PEG 0.9, P/B 0.9, P/S 0.2, EV/EBITDA 2.1.
What is the PEG ratio of 2038?
The PEG ratio of FIH Mobile Ltd is 0.94 (P/E divided by earnings growth, as of Nov 5, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of FIH Mobile Ltd (2038)?
Balance-sheet figures for FIH Mobile Ltd (as of Nov 5, 2026): return on equity 4.0%. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is 2038 from its 52-week high?
FIH Mobile Ltd trades at HK$13.78, about 55% below its 52-week high of HK$30.53 and 15% above the low of HK$12.00 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of HK$11.87 is for.
Which stocks are comparable to FIH Mobile Ltd?
From the same area (Technology) we also value Samsung Electronics Co, Sony Group, Xiaomi Corporation, LG Electronics Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is FIH Mobile Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price HK$13.78, calculated fair value HK$11.87 (−14%), Quality Score 61/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 2038 calculated?
We run FIH Mobile Ltd through 14 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of HK$11.87 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. FIH Mobile Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of FIH Mobile Ltd (2038)?
The closing price on Nov 9, 2026 was HK$13.78. Our model-based fair value is HK$11.87, about 14% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with FIH Mobile Ltd right now?
The price sits above even our optimistic bull case (HK$13.15). The favourable scenario is already priced in. Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of FIH Mobile Ltd
How large is the market capitalisation of FIH Mobile Ltd (2038)?
The market capitalisation of FIH Mobile Ltd is HK$11.0B (≈ $1.4B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of FIH Mobile Ltd (2038)?
The price-to-sales ratio of FIH Mobile Ltd is 0.18 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of FIH Mobile Ltd (2038)?
The dividend yield of FIH Mobile Ltd is 0.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of FIH Mobile Ltd (2038)?
The net margin of FIH Mobile Ltd is 0.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of FIH Mobile Ltd (2038)?
The return on equity (ROE) of FIH Mobile Ltd is 4.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of FIH Mobile Ltd (2038)?
On an EBIT basis the return on assets of FIH Mobile Ltd is −0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of FIH Mobile Ltd (2038)?
The operating margin of FIH Mobile Ltd is 0.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at FIH Mobile Ltd (2038)?
Revenue at FIH Mobile Ltd is growing +10.1% versus a year earlier (3y avg −10.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at FIH Mobile Ltd (2038)?
Earnings per share at FIH Mobile Ltd are growing +48.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does FIH Mobile Ltd (2038) generate?
The free cash flow of FIH Mobile Ltd is −$78.8M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does FIH Mobile Ltd (2038) hold?
FIH Mobile Ltd holds more cash than debt, $888M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 5, 2026