0046 (0046) Fair Value & Analysis

Technology · Market cap HK$299M

0 0046 0046 · HK

PriceHK$1.23

Fair ValueHK$1.52

Upside+23.6%

Quality65/100

Evidence: High Range HK$1.14 – HK$1.90

Fair value as of: Jul 1, 2026

From 24 valuation models · updated today

Share price +1.7% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$1.16 – HK$1.71 · fair‑value band HK$1.14 – HK$1.90 · the HK$1.23 price screens below the HK$1.52 fair value. As of Jul 1, 2026.

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Analysis

0046 (0046) currently trades at HK$1.23, while our model-based Fair Value estimate is HK$1.52 — implying the stock looks roughly 23.6% undervalued today. We read business quality at 65/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, 0046 generated revenue of HK$241M at a net margin of 7.6%. Revenue declined 9.3% year over year. It earns a return on equity of 3.7%. The balance sheet holds a net cash position of HK$330M. Fundamentals as of Jul 1, 2026

Key figures & financial health

Revenue (TTM) HK$241M

Revenue growth (YoY) -9.3%

Net margin 7.6%

Return on equity 3.7%

Free cash flow HK$46.1M FY2025

P/E ratio 15.4

More key figures

Operating margin 13.9%

EPS (TTM) HK$0.0800

Dividend yield 8.1%

EPS growth (YoY) +3.0%

Net cash HK$330M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

0046 reported revenue of HK$241M in FY2025 versus HK$266M in FY2021, a compound −2.4%/yr. Reported net income was HK$18.4M in FY2025, compounding −23.5%/yr from FY2021.

Revenue −2.4%/yr

FY21 HK$266M

FY22 HK$269M

FY23 HK$258M

FY24 HK$261M

FY25 HK$241M

Net income −23.5%/yr

FY21 HK$53.8M

FY22 HK$47.0M

FY23 HK$33.4M

FY24 HK$29.1M

FY25 HK$18.4M

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Similar stocks

6 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 1, 2026).

Stock	Price	Fair Value	vs Fair Value
International Business Machines Corporation IBM	$301.77	$153.91	-49%
Accenture plc ACN	$124.83	$250.14	+100%
Tata Consultancy Services Limited TCS	₹2,154	₹2,580	+20%
Infosys Limited INFY	₹1,144	₹1,305	+14%
Fujitsu Limited FJTSF	$18.78	$24.50	+30%
HCL Technologies Limited HCLTECH	₹1,131	₹2,568	+127%

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Frequently asked questions

Is 0046 (0046) undervalued?

As of Jul 1, 2026, our model estimates a fair value of HK$1.52 versus a price of HK$1.23 — about +24% (undervalued). Model-based estimate, not financial advice.

What is the fair value of 0046?

Our model-based fair value for 0046 is HK$1.52 (as of Jul 1, 2026), built from audited fundamentals. The current price is HK$1.23.

What is the quality score of 0046?

0046 has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 0046 (0046)?

0046 reported trailing-twelve-month revenue of about HK$241M (latest available figure, as of Jul 1, 2026).

What is the net profit margin of 0046?

The net profit margin of 0046 is about 7.6%, meaning it keeps roughly 7.6% of revenue as net income. Based on the latest reported figures.

Does 0046 pay a dividend?

0046 currently shows a dividend yield of about 8.06% 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.

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