EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

New World Development Co Ltd (0017) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of New World Development Co Ltd HK$5.26, price HK$5.93, upside -11.2%, quality 37 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Real Estate · HK · ISIN HK0000608585

NW New World Development Co Ltd logo Thin data Sep 24, 2026

New World Development Co Ltd

0017 · HK

Weak valuationQuality is weak on top of the rich price.

!Fair value HK$5.26 · Overvalued (−11%)
!Quality 37/100
!Mixed Growth (revenue 5y −14.2 %/yr)
!Loss-making · -63.8% net margin (TTM)
!Moderate debt · negative free cash flow
!Trails peers (3/12)
!Narrow moat 18/100
!Evidence only low, so the estimate is less certain
!Weak on valuation: 18 out of 100
Watch New World Development Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

HK$34.38 HK$4.04 Fair Value HK$5.26 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range HK$4.04 – HK$34.38 · fair‑value band HK$4.08 – HK$6.39 · the HK$5.93 price screens above the HK$5.26 fair value. Dashed = 300-day average. As of Sep 24, 2026.

Follow New World Development Co in your weekly email

Every Wednesday you see whether New World Development Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties.

Show more

New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company is also involved in the loyalty program, fashion retailing and trading, and land development businesses; and development and operation of sports park. In addition, it operates club houses, golf and tennis academies, and shopping malls; constructs and operates Skycity complex; and operates department stores. Further, the company offers information technology, training course, ticketing, financial, project management, retail and corporate sales, management, culture and recreation, construction, estate agency, supply chain management, property management, business and investment consultancy, accountancy and advisory, and consultancy services. Additionally, it invests in, owns, and operates hotel properties. New World Development Company Limited was incorporated in 1970 and is headquartered in Central, Hong Kong.

Stock analysis

New World Development Co Ltd (0017) currently trades at HK$5.93, while our model-based Fair Value estimate is HK$5.26, implying the stock looks roughly 12.6% overvalued today.

Show more

Valuation

How firm this estimate is: it rests on 8 models at a data quality of 92/100, which puts the evidence level at low.

Scenario range: HK$4.08 (bear) to HK$6.39 (bull), the price of HK$5.93 sits inside 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 37/100 (below-average quality), in the Real Estate sector.

Mixed Growth: Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.

New World Development Co Ltd reported revenue of HK$27.7B in FY2025 versus HK$68.5B in FY2021, a compound −20.2%/yr. Reported net income was −HK$15.3B in FY2025.

Key figures

Market cap HK$14.9B (≈ $1.9B) · P/S ratio 0.83 · EPS (TTM) HK$−4.19 · Dividend yield 7.8% · Net margin −55.3% · Return on equity −6.5% · Return on assets (EBIT) 0.9% · Operating margin 9.6%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).

What moves the price

The share trades about 48% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Real Estate peers we cover trades at −9% fair-value upside, at −11%, 0017 screens richer than that median.

Fair Value models

Bear HK$4.08 Fair Value HK$5.26 Bull HK$6.39
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. 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. Evidence ⓘEvidence = 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.
Highest evidence
Gordon GGM HK$4.34 HK$5.70 HK$7.04 69
DDM Multi-Stage HK$4.34 HK$5.87 HK$7.63 67
NCAV (Graham) HK$39.52 HK$52.95 HK$79.03 54
All 3 models by family
Dividend Discount
Gordon GGM HK$4.34 HK$5.70 HK$7.04 69
DDM Multi-Stage HK$4.34 HK$5.87 HK$7.63 67
Asset-Based
NCAV (Graham) HK$39.52 HK$52.95 HK$79.03 54

Open the full fair value analysis →

Notify me when 0017 reaches fair value

Put 0017 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 37/100

Of which business quality 37 · Market factors (momentum, volatility) 22

Profitability 2
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 20
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

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. 55/100
Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
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.
−19.5%
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.
−14.2%
Revenue growth 24 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.
+2.2%
Profit margin (trend) ⓘ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.
16.0% (2020) → 1.7% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

0017 screens 13% overvalued. Compare with Swiss Prime Site AG →

Compare New World Development Co Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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.Real Estate - Diversified · 133 stocks

Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score 38 · Bottom 25%
Fair Value upside −12% · Below median
Profitability
Return on assets 0% · Bottom 25%
Net margin (TTM) −64% · Bottom 25%
Operating margin (TTM) 10% · Below median
Growth and dividend
Revenue growth −50% · Bottom 25%
Dividend yield (TTM) 7.8% · Top 25%
Balance sheet
Debt / equity 0.72× · Above median

Valuation Multiplesvs Real Estate - Diversified median · lower = cheaper

P/S (TTM) 0.10× · Cheapest 25%
EV/EBITDA 92.3× · Priciest 25%
PEG 0.71× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)18 · sector 33
FUTURE (revenue growth)0 · sector 29
PAST (return on equity)0 · sector 20
HEALTH (low debt)64 · sector 76
DIVIDEND (yield)100 · sector 54

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Swiss Prime Site AG SPSN CHF 124.90 CHF 44.83 −64%
Central Pattana Public Company CPN 64.50 THB 71.37 THB +11%
Prestige Estates Projects Limited PRESTIGE ₹1,490 ₹297.85 −80%
The Phoenix Mills Limited PHOENIXLTD ₹1,993 ₹515.45 −74%
Umm Al Qura for Development and Construction Company 4325 16.86 SAR 15.41 SAR −9%
Hainan Airport Infrastructure Co 600515 ¥2.73 ¥0.7900 −71%
Singapore Land Group U06 3.16 SGD 3.18 SGD +1%
Parque Arauco S.A PARAUCO 3,909 CLP 5,629 CLP +44%
The St. Joe Company JOE $66.21 $34.24 −48%
Frasers Property Limited TQ5 0.9850 SGD 1.10 SGD +12%

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

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.

New World Development Co Ltd · Fair Value
HK$5.26 −13%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "New World Development Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0017

Frequently asked questions

Is New World Development Co Ltd (0017) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of HK$5.26 versus a price of HK$5.93, about −11% upside (overvalued).
What is the fair value of 0017?
Our model-based fair value for New World Development Co Ltd is HK$5.26 (as of Sep 24, 2026), built from audited fundamentals. The current price: HK$5.93.
What is the quality score of 0017?
New World Development Co Ltd has a Quality Score of 37/100. 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 New World Development Co Ltd (0017)?
Our model-based price target is the fair value of HK$5.26 (as of Sep 24, 2026) from 3 valuation models. Cautious scenario HK$4.08, optimistic scenario HK$6.39. It is a calculation from audited fundamentals, not an analyst target.
What is the New World Development Co Ltd stock forecast for 2026?
Our models put fair value at HK$5.26, about −11% upside versus a price of HK$5.93 (overvalued). Cautious scenario HK$4.08, optimistic scenario HK$6.39. The calculation is refreshed regularly with new filings.
What is the revenue of New World Development Co Ltd (0017)?
New World Development Co Ltd reported trailing-twelve-month revenue of about HK$19.3B (latest available figure, as of Sep 24, 2026).
Does New World Development Co Ltd pay a dividend?
New World Development Co Ltd currently shows a dividend yield of about 7.81% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of New World Development Co Ltd (0017)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For New World Development Co Ltd it is HK$5.26 per share (as of Sep 24, 2026), against a price of HK$5.93. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is New World Development Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0017 trades above its calculated fair value: price HK$5.93, fair value HK$5.26, a gap of about −11% (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 0017?
No. The price is what the market pays today (HK$5.93); the fair value is what the company's own numbers justify (HK$5.26). For New World Development Co Ltd the two are HK$0.6650 per share apart. That gap is exactly why we show both numbers side by side.
How much is New World Development Co Ltd worth?
The market values New World Development Co Ltd at about HK$14.9B (market capitalisation, as of Sep 24, 2026). Per share that is HK$5.93; our models calculate a fair value of HK$5.26 per share.
What do the bullish and bearish scenarios say about 0017?
Our models span a range for New World Development Co Ltd: cautious scenario HK$4.08, base HK$5.26, optimistic HK$6.39 per share (as of Sep 24, 2026, price HK$5.93). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of 0017?
The PEG ratio of New World Development Co Ltd is 0.71 (P/E divided by earnings growth, as of Sep 24, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of New World Development Co Ltd (0017)?
Balance-sheet figures for New World Development Co Ltd (as of Sep 24, 2026): return on equity −6.5%, debt of 0.72 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is 0017 from its 52-week high?
New World Development Co Ltd trades at HK$5.93, about 48% below its 52-week high of HK$11.38 and 4% above the low of HK$5.71 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of HK$5.26 is for.
Which stocks are comparable to New World Development Co Ltd?
From the same area (Real Estate) we also value Swiss Prime Site AG, Central Pattana Public Company, Prestige Estates Projects Limited, The Phoenix Mills Limited, 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 New World Development Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price HK$5.93, calculated fair value HK$5.26 (−11%), Quality Score 37/100, from 3 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 0017 calculated?
We run New World Development Co Ltd through 3 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of HK$5.26, 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 13.0 % above its aggregate fair value. New World Development Co 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 New World Development Co Ltd (0017)?
The closing price on Sep 24, 2026 was HK$5.93. Our model-based fair value is HK$5.26, about −11% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with New World Development Co Ltd right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Key figures of New World Development Co Ltd

How large is the market capitalisation of New World Development Co Ltd (0017)?
The market capitalisation of New World Development Co Ltd is HK$14.9B (≈ $1.9B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of New World Development Co Ltd (0017)?
The price-to-sales ratio of New World Development Co Ltd is 0.83 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of New World Development Co Ltd (0017)?
Earnings per share at New World Development Co Ltd are HK$−4.19. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of New World Development Co Ltd (0017)?
The dividend yield of New World Development Co Ltd is 7.8%. 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 New World Development Co Ltd (0017)?
The net margin of New World Development Co Ltd is −55.3% (fiscal year 2025). 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 New World Development Co Ltd (0017)?
The return on equity (ROE) of New World Development Co Ltd is −6.5% (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 New World Development Co Ltd (0017)?
On an EBIT basis the return on assets of New World Development Co Ltd is 0.9% (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 New World Development Co Ltd (0017)?
The operating margin of New World Development Co Ltd is 9.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at New World Development Co Ltd (0017)?
Revenue at New World Development Co Ltd is growing −50.0% versus a year earlier (3y avg −25.9%). 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 New World Development Co Ltd (0017)?
Earnings per share at New World Development Co Ltd are growing −14.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does New World Development Co Ltd (0017) generate?
The free cash flow of New World Development Co Ltd is −HK$656M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does New World Development Co Ltd (0017) carry?
The net debt of New World Development Co Ltd is HK$130B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch New World Development Co Ltd in the live analysis

One click puts New World Development Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.