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STOCK COMPARISON

DT Capital vs Morgan Stanley: Fair Value & Quality

Both stocks run through our valuation models. Here is how DT Capital (0356) and Morgan Stanley (MS) compare, as of Sep 6, 2026.

As of Sep 6, 2026, Fair Value Calculator sees Morgan Stanley as the less overvalued of the two: DT Capital trades at HK$0.52 versus a fair value of HK$0.27 (-48%), while Morgan Stanley trades at $218 versus $139 (-36%).
DT Capital
0356.HK · HKD · Financials
-48%
upside to fair value
overvalued
PriceHK$0.52
Fair ValueHK$0.27
Quality67/100
Morgan Stanley
MS · USD · Financials
-36%
upside to fair value
overvalued
Price$218
Fair Value$139
Quality67/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

DT CapitalMorgan Stanley
Valuation
47.0×P/E (TTM)20.1×
1.58×P/S (TTM)4.79×
0.19×P/B3.14×
EV/EBITDA22.1×
PEG2.64×
−48.1%Fair value upside−36.2%
Dividend yield1.8%
Dividend per share$4.00
Profitability
Operating margin41%
EBIT margin trend (5Y)0.66×
-1%Return on equity16%
-0%Return on assets1%
Growth
148%Revenue growth (YoY)16%
Avg. growth/yr (3Y)22.5%
-13.5%Avg. growth/yr (5Y)18.3%
Value creation/yr+11.1%
Balance & size
0.2×Interest coverage (EBIT/interest)0.4×
Debt / equity3.13×
$12MMarket cap$351B
weakGrowth qualitymixed

Morgan Stanley leads: 2 to 6 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

DT Capitalof which business quality 67 · market factors 17 Morgan Stanleyof which business quality 62 · market factors 72
ProfitabilityMargins and returns on capital today
33
31
Quality GrowthAre margins and returns improving?
92
56
CashflowEarnings quality: real cash, not paper profit
75
100
Fin. StrengthBalance sheet, leverage, solvency risk
51
26
InvestmentDisciplined investing over empire-building
100
82
Low VolatilityCalm price path (market factor)
50
58
MomentumPrice trend over the last 3–12 months (market factor)
1
73
52W MomentumDistance to the 52-week high (market factor)
6
86
Net IssuanceBuybacks instead of dilution
82
96

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyDT CapitalPrice HK$0.52Morgan StanleyPrice $218
DCF Modelsn/a-40%below the price$130
Earnings-Basedn/a-2%close to the price$214
Dividend Discountn/a-63%below the price$79.85
Multiples-48%below the priceHK$0.27-45%below the price$119
Asset-Based-60%below the priceHK$0.21-78%below the price$47.42
Growth DCFn/a+53%above the price$332
Economic Profitn/a-56%below the price$95.82
Minimum-60%below the priceHK$0.21-78%below the price$47.42
Maximum-48%below the priceHK$0.27+53%above the price$332
Median-54%below the priceHK$0.24-45%below the price$119
Geometric mean-54%below the priceHK$0.24-44%below the price$122

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

DT Capital: 2 of 2 models see the stock below the current price.

Morgan Stanley: 11 of 13 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

DT Capital
Bear HK$0.20Fair Value HK$0.27Bull HK$0.34
HK$0.52 = current price (white tick)
Morgan Stanley
Bear $77.78Fair Value $139Bull $228
$218 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

DT Capital · Financials

Quality score67 · Top 25%
Fair value upside-48% · bottom 25%

Morgan Stanley · Financials

Quality score67 · Top 25%
Fair value upside-36% · below median

Bottom line

As of Sep 6, 2026, Fair Value Calculator sees Morgan Stanley as the less overvalued of the two: DT Capital trades at HK$0.52 versus a fair value of HK$0.27 (-48%), while Morgan Stanley trades at $218 versus $139 (-36%).

Morgan Stanley has the higher quality score (67/100).

See the full analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.