BingEx Ltd (FLX) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of BingEx Ltd stock $3.86, price $1.48, upside +160.8%, quality 65 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 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 8, 2026.
How to read this chart
25‑month range $0.7960 – $18.01 · fair‑value band $3.31 – $4.52 · the $1.48 price screens below the $3.86 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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BingEx Limited, through its subsidiaries, provides on-demand dedicated courier services under the FlashEx brand name in the People's Republic of China. The company offers Flash-Riders as service who provides the courier services.
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It serves individual and business customers, including local merchants, small and medium sized enterprises, restaurants, and logistics players through its mobile platform and website. The company was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
Stock analysis
BingEx Ltd (FLX) currently trades at $1.48, while our model-based Fair Value estimate is $3.86, implying the stock looks roughly 62% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $5.05 per share, and 24 of the 24 models we run sit above the $1.48 price.
Bear case: the Asset-Based group reads lowest at $1.50, and 0 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $3.31 (bear) to $4.52 (bull), the price of $1.48 sits below 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 65/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
BingEx Ltd reported revenue of 4.0B CNY in FY2025 versus 3.0B CNY in FY2021, a compound +7.1%/yr. Reported net income was 109M CNY in FY2025.
Key figures
Market cap $108M Micro · P/S ratio 0.03 · EPS (TTM) $−0.0300 · Net margin −0.3% · Return on equity −1.3% · Return on assets (EBIT) −10.5% (5-year average) · Operating margin 0.8% · Revenue (TTM) 3.9B CNY.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).
What moves the price
The share trades about 64% below its 52-week high and 86% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at 161%, FLX screens cheaper than that median.
Fair Value models
Bear$3.31Fair Value $3.86Bull$4.52
Price $1.48 · Upside +160.8%
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.
In the last 6 months, no officer or director bought or sold shares on the open market.
Plus 4 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
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.79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−10.7%
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.
−0.1%
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.
+14.7%
Start year 2020 (pandemic)
Revenue growth 6 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.
+15.4%
’19
’20
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’25
What shareholders gained per year (last 3 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 3 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.
+0.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+0.4%
Dividend (yield on the price)0.0%
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.−11% → 1%
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
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.Integrated Freight & Logistics · 210 stocks
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). "BingEx Ltd Fair Value". https://www.fairvalue-calculator.com/stock/FLX
Frequently asked questions
Is BingEx Ltd (FLX) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $3.86 versus a price of $1.48, about +161% upside (undervalued).
What is the fair value of FLX?
Our model-based fair value for BingEx Ltd is $3.86 (as of Nov 8, 2026), built from audited fundamentals. The current price: $1.48.
What is the quality score of FLX?
BingEx Ltd has a Quality Score of 65/100. 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 BingEx Ltd (FLX)?
Our model-based price target is the fair value of $3.86 (as of Nov 8, 2026) from 24 valuation models. Cautious scenario $3.31, optimistic scenario $4.52. It is a calculation from audited fundamentals, not an analyst target.
What is the BingEx Ltd stock forecast for 2026?
Our models put fair value at $3.86, about +161% upside versus a price of $1.48 (undervalued). Cautious scenario $3.31, optimistic scenario $4.52. The calculation is refreshed regularly with new filings.
What is the revenue of BingEx Ltd (FLX)?
BingEx Ltd reported trailing-twelve-month revenue of about 3.9B CNY (latest available figure, as of Nov 8, 2026).
What growth is priced into BingEx Ltd (FLX)?
For today's price to be fair in a discounted-cash-flow model, BingEx Ltd would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.7 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of FLX use?
Our models discount BingEx Ltd at 11.3 %: a base by market capitalisation (micro), damped by beta 0.53, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For BingEx Ltd that is less than minus 40 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has BingEx Ltd (FLX) delivered so far?
Over the past 5 years revenue at BingEx Ltd grew +14.7 % a year. The price currently implies free-cash-flow growth of less than minus 40 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of BingEx Ltd (FLX) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into BingEx Ltd (less than minus 40 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of BingEx Ltd (FLX)?
The free-cash-flow yield on the price is 44.76 %: that much free cash flow BingEx Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of BingEx Ltd (FLX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BingEx Ltd it is $3.86 per share (as of Nov 8, 2026), against a price of $1.48. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is BingEx Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, FLX trades below its calculated fair value: price $1.48, fair value $3.86, a gap of about +161% (undervalued). 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 FLX?
No. The price is what the market pays today ($1.48); the fair value is what the company's own numbers justify ($3.86). For BingEx Ltd the two are $2.38 per share apart. That gap is exactly why we show both numbers side by side.
How much is BingEx Ltd worth?
The market values BingEx Ltd at about $108M (market capitalisation, as of Nov 8, 2026). Per share that is $1.48; our models calculate a fair value of $3.86 per share.
What do the bullish and bearish scenarios say about FLX?
Our models span a range for BingEx Ltd: cautious scenario $3.31, base $3.86, optimistic $4.52 per share (as of Nov 8, 2026, price $1.48). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of BingEx Ltd (FLX)?
Balance-sheet figures for BingEx Ltd (as of Nov 8, 2026): return on equity −1.3%. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is FLX from its 52-week high?
BingEx Ltd trades at $1.48, about 64% below its 52-week high of $4.16 and 86% above the low of $0.7960 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $3.86 is for.
Which stocks are comparable to BingEx Ltd?
From the same area (Industrials) we also value United Parcel Service, Inc, FedEx Corporation, Deutsche Post AG, DSV A/S, 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 BingEx Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price $1.48, calculated fair value $3.86 (+161%), Quality Score 65/100, from 24 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 FLX calculated?
We run BingEx Ltd through 24 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $3.86 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. BingEx Ltd currently trades 62% below its own fair value, and the market average says nothing about that. 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 BingEx Ltd (FLX)?
The closing price on Nov 6, 2026 was $1.48. Our model-based fair value is $3.86, about +161% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BingEx Ltd right now?
The price is below even our cautious bear case ($3.31). The market is more pessimistic than our downside scenario. Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of BingEx Ltd
How large is the market capitalisation of BingEx Ltd (FLX)?
The market capitalisation of BingEx Ltd is $108M. 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 BingEx Ltd (FLX)?
The price-to-sales ratio of BingEx Ltd is 0.03 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of BingEx Ltd (FLX)?
Earnings per share at BingEx Ltd are $−0.0300. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of BingEx Ltd (FLX)?
The net margin of BingEx Ltd is −0.3% (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 BingEx Ltd (FLX)?
The return on equity (ROE) of BingEx Ltd is −1.3% (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 BingEx Ltd (FLX)?
On an EBIT basis the return on assets of BingEx Ltd is −10.5% (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 BingEx Ltd (FLX)?
The operating margin of BingEx 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 BingEx Ltd (FLX)?
Revenue at BingEx Ltd is growing −8.2% versus a year earlier (3y avg −0.1%). 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 BingEx Ltd (FLX)?
Earnings per share at BingEx Ltd are growing −53.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does BingEx Ltd (FLX) hold?
BingEx Ltd holds more cash than debt, 539M CNY net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 8, 2026