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Hysan Development Company (0014) Fair Value & Analysis

Real Estate · HK · Market cap HK$17.0B

HD Hysan Development Company 0014 · HK
PriceHK$16.52
Fair ValueHK$14.76
Upside-10.7%
Quality66/100
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Evidence: High Range HK$10.43 – HK$31.41

Fair value as of: Jul 1, 2026

From 25 valuation models · updated 6 days ago

Share price −4.2% over the past month.

Price vs Fair Value (12 months)

HK$21.36 HK$12.73 Fair Value HK$14.76 Jun 2025 Jul 2026

12‑month range HK$12.73 – HK$21.36 · fair‑value band HK$10.43 – HK$31.41 · the HK$16.52 price screens above the HK$14.76 fair value. As of Jul 1, 2026.

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Analysis

Hysan Development Company (0014) currently trades at HK$16.52, while our model-based Fair Value estimate is HK$14.76 — implying the stock looks roughly 10.7% overvalued today. We read business quality at 66/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Hysan Development Company generated revenue of HK$2.9B at a net margin of 29.1%. Revenue declined 39.0% year over year. It earns a return on equity of 0.4%. Net debt stands at HK$34.1B. Fundamentals as of Jul 1, 2026

Our scenario range runs from HK$10.43 (bear case) to HK$31.41 (bull case); at HK$16.52, the current price sits within that range. The share trades about 26% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -8% fair-value upside — at -11%, 0014 screens richer than that median.

Key figures & financial health

Revenue (TTM) HK$2.9B
Revenue growth (YoY) -39.0%
Net margin 29.1%
Return on equity 0.4%
Free cash flow HK$2.3B FY2025
P/E ratio 53.3
More key figures
Operating margin 47.6%
EPS (TTM) HK$0.0700
Dividend yield 6.4%
EPS growth (YoY) -83.2%
Net debt HK$34.1B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 1, 2026. TTM = trailing twelve months.

About the company

Hysan Development Company Limited investment portfolio is set predominantly in Lee Gardens, a unique part of Hong Kong's renowned commercial heart in Causeway Bay. Within our approximately 5.5 million square feet of retail, office and residential tenant space, we strive to become partners with our tenants and create a sustainable ecosystem. Our medium-to-long term strategy involves the continued refinement and expansion of our Core in Lee Gardens, as well as investment in growth which will deliver a more balanced and diversified portfolio for Hysan. Hysan Development Company Limited was incorporated in 1923 in Hong Kong.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hysan Development Company reported revenue of HK$3.6B in FY2025 versus HK$3.7B in FY2021, a compound −0.5%/yr. Reported net income was HK$840M in FY2025, compounding −11.7%/yr from FY2021.

Revenue −0.5%/yr
FY21 HK$3.7B
FY22 HK$3.7B
FY23 HK$3.2B
FY24 HK$3.4B
FY25 HK$3.6B
Net income −11.7%/yr
FY21 HK$1.4B
FY22 −HK$1.2B
FY23 −HK$872M
FY24 HK$35.0M
FY25 HK$840M

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Cite: Fair Value Calculator (2026). "Hysan Development Company Fair Value". https://www.fairvalue-calculator.com/stock/0014

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Frequently asked questions

Is Hysan Development Company (0014) undervalued?
As of Jul 1, 2026, our model estimates a fair value of HK$14.76 versus a price of HK$16.52 — about −11% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 0014?
Our model-based fair value for Hysan Development Company is HK$14.76 (as of Jul 1, 2026), built from audited fundamentals. The current price is HK$16.52.
What is the quality score of 0014?
Hysan Development Company has a Quality Score of 66/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hysan Development Company (0014)?
Hysan Development Company reported trailing-twelve-month revenue of about HK$2.9B (latest available figure, as of Jul 1, 2026).
What is the net profit margin of 0014?
The net profit margin of Hysan Development Company is about 29.1%, meaning it keeps roughly 29.1% of revenue as net income. Based on the latest reported figures.
Does Hysan Development Company pay a dividend?
Hysan Development Company currently shows a dividend yield of about 6.43% relative to its recent price (as of Jul 1, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.