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STOCK COMPARISON

Realord Group Holdings vs Waste Management: Fair Value & Quality

Both stocks run through our valuation models. Here is how Realord Group Holdings (1196) and Waste Management (WM) compare, as of Sep 30, 2026.

As of Sep 30, 2026, Fair Value Calculator sees Waste Management as the more attractively valued of the two: Realord Group Holdings trades at HK$2.98 versus a fair value of HK$1.80 (−39.6%), while Waste Management trades at $207 versus $228 (+9.9%).
Realord Group Holdings
1196.HK · HKD · Industrials
−39.6%
upside to fair value
overvalued
PriceHK$2.98
Fair ValueHK$1.80
Quality31/100
Waste Management
WM · USD · Industrials
+9.9%
upside to fair value
fairly valued
Price$207
Fair Value$228
Quality56/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Realord Group HoldingsWaste Management
Valuation
n/aP/E (TTM)29.3×
n/aP/E ex one-offs (FY2025)29.2×
n/aForward P/E (FY2027)22.7×
n/aMedian P/E at FY-end (10 FY, ex one-offs where documented)28.8×
3.44×P/S (TTM)3.25×
0.92×P/B8.36× · book value is mostly goodwill
n/aEV/EBITDA13.6×
n/aPEG1.90×
−39.6%Fair value upside+9.9%
n/aDividend yield1.7%
n/aDividend per share$3.54
Profitability
-11.2%Operating margin19.0%
n/aEBIT margin trend (5Y)1.12×
-24.5%Return on equity29.8%
-0.3%Return on assets6.6%
Growth
6.4%Revenue growth (YoY)4.0%
-22.6%Avg. growth/yr (3Y)8.6%
-8.5%Avg. growth/yr (5Y)10.6%
n/aValue creation/yr+13.9%
Balance & size
n/aInterest coverage (EBIT/interest)5.1×
5.75×Debt / equity2.22×
$2BMarket cap$84B
weakGrowth qualityhealthy
The P/E excluding one-off items is only shown where the special items are documented in the accounts (our own raw data or SEC filings). If one side lacks it, the reported P/E stays scored.
Waste Management, median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, 7 of the years ex one-offs: 28.8.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

Waste Management leads: 0 to 8 metric wins.

n/a = 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.

Realord Group Holdingsof which business quality 31 · market factors 35 Waste Managementof which business quality 53 · market factors 50
ProfitabilityMargins and returns on capital today
1
50
Quality GrowthAre margins and returns improving?
61
56
CashflowEarnings quality: real cash, not paper profit
0
64
Fin. StrengthBalance sheet, leverage, solvency risk
1
33
InvestmentDisciplined investing over empire-building
99
35
Low VolatilityCalm price path (market factor)
50
94
MomentumPrice trend over the last 3–12 months (market factor)
32
34
52W MomentumDistance to the 52-week high (market factor)
25
28
Net IssuanceShare count: buybacks or dilution?
82
84

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 familyRealord Group HoldingsPrice HK$2.98Waste ManagementPrice $207
DCF Modelsn/a−36.6%below the price$131
Earnings-Basedn/a−61.0%below the price$80.76
Multiplesn/a−38.2%below the price$128
Asset-Based−91.9%below the priceHK$0.24−91.9%below the price$16.75
Growth DCFn/a−41.0%below the price$122
Economic Profitn/a−66.7%below the price$68.90
Growth Earningsn/a−37.9%below the price$129
Minimum−91.9%below the priceHK$0.24−91.9%below the price$16.75
Maximum−91.9%below the priceHK$0.24−36.6%below the price$131
Median−91.9%below the priceHK$0.24−41.0%below the price$122
Geometric mean−91.9%below the priceHK$0.24−60.5%below the price$81.85

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%.

Realord Group Holdings: 1 of 1 models see the stock below the current price.

Waste Management: 22 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Realord Group Holdings
Price HK$2.98
Fair Value HK$1.80
Bear HK$1.33Bull HK$2.67
Waste Management
Price $207
Fair Value $228
Bear $122Bull $296

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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.

Realord Group Holdings · Industrials

Quality score31 · bottom 25%
Fair value upside−39.6% · below median

Waste Management · Industrials

Quality score56 · above median
Fair value upside+9.9% · above median

Bottom line

As of Sep 30, 2026, Fair Value Calculator sees Waste Management as the more attractively valued of the two: Realord Group Holdings trades at HK$2.98 versus a fair value of HK$1.80 (−39.6%), while Waste Management trades at $207 versus $228 (+9.9%).

Waste Management has the higher quality score (56/100).

Open Waste Management live analysis →

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