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

Crocodile Garments Ltd (0122) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of Crocodile Garments Ltd HK$2.14, price HK$1.41, upside +51.6%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Consumer Cyclical · HK · ISIN HK0122000687

CG Thin data Sep 24, 2026

Crocodile Garments Ltd

0122 · HK

Cheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.

✓Fair value HK$2.14 · Strongly undervalued (+52%)
!Quality 50/100
!Weak Growth (revenue 5y −1.8 %/yr)
!Loss-making · -117.0% net margin (TTM)
!Low debt · negative free cash flow
!Trails peers (3/9)
!Narrow moat 3/100
!Evidence only low, so the estimate is less certain
!Weak on future: 7 out of 100
Watch Crocodile Garments 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$9.46 HK$1.33 Fair Value HK$2.14 Mar 2020 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$1.33 – HK$9.46 · fair‑value band HK$1.60 – HK$3.19 · the HK$1.41 price screens below the HK$2.14 fair value. Dashed = 300-day average. As of Sep 24, 2026.

Follow Crocodile Garments in your weekly email

Every Wednesday you see whether Crocodile Garments 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

Crocodile Garments Limited, together with its subsidiaries, engages in the sale of garments and other related accessories businesses in Hong Kong, Macau, and Mainland China. It operates through three segments: Garment and Related Accessories Business; Property Investment and Letting Business; and Treasury Management.

Show more

Crocodile Garments Limited, together with its subsidiaries, engages in the sale of garments and other related accessories businesses in Hong Kong, Macau, and Mainland China. It operates through three segments: Garment and Related Accessories Business; Property Investment and Letting Business; and Treasury Management. The company provides menswear, ladies wear, children's clothing, ties, and underwear under the Crocodile brand name through online shop and other e-commerce platforms. It is also involved in the property investment and letting, trading of garments, and treasury management activities. Crocodile Garments Limited was incorporated in 1961 is based in Kwun Tong, Hong Kong. Crocodile Garments Limited operates as a subsidiary of Honorman Limited.

Stock analysis

Crocodile Garments Ltd (0122) currently trades at HK$1.41, while our model-based Fair Value estimate is HK$2.14, implying the stock looks roughly 34.0% undervalued today.

Show more

Valuation

How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the evidence level at low.

Scenario range: HK$1.60 (bear) to HK$3.19 (bull), the price of HK$1.41 sits below 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 50/100 (solid quality), in the Consumer Cyclical sector.

Weak Growth: Revenue growth is weak: less than 2 % a year.

Crocodile Garments Ltd reported revenue of HK$138M in FY2025 versus HK$112M in FY2021, a compound +5.4%/yr. Reported net income was −HK$53.8M in FY2025.

Key figures

Market cap HK$146M (≈ $18.6M) · P/S ratio 1.58 · EPS (TTM) HK$−0.1600 · Net margin −38.9% · Return on equity −7.7% · Return on assets (EBIT) −0.9% · Operating margin −32.8% · Revenue (TTM) HK$92.3M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).

What moves the price

The share trades about 27% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Consumer Cyclical peers we cover trades at −1% fair-value upside, at 52%, 0122 screens cheaper than that median.

Fair Value models

Bear HK$1.60 Fair Value HK$2.14 Bull HK$3.19
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
NCAV (Graham) HK$6.84 HK$9.17 HK$13.69 54
All 1 models by family
Asset-Based
NCAV (Graham) HK$6.84 HK$9.17 HK$13.69 54

Open the full fair value analysis →

Notify me when 0122 reaches fair value

Put 0122 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 50/100

Of which business quality 48 · Market factors (momentum, volatility) 41

Profitability 5
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 19
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 100
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. 6/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+45.1%
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.
+10.2%
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.
−1.8%
Start year 2020 (pandemic). Over 10 years: −10.2% a year
Revenue growth 25 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.
−6.3%
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.
−138.7% (2020) → −15.7% (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

Watch 0122, get fair value alerts →

Compare Crocodile Garments 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.Apparel Manufacturing · 226 stocks

Beats the industry median on 3/8 measures
Overall it trails its industry peers.
Valuation
Quality Score 48 · Below median
Fair Value upside +57% · Top 25%
Profitability
Return on assets −1% · Bottom 25%
Net margin (TTM) −117% · Bottom 25%
Operating margin (TTM) −33% · Bottom 25%
Growth and dividend
Revenue growth 1% · Above median
Balance sheet
Debt / equity 0.35× · Highest 25%

Valuation Multiplesvs Apparel Manufacturing median · lower = cheaper

P/S (TTM) 0.20× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 36
FUTURE (revenue growth)7 · sector 5
PAST (return on equity)0 · sector 19
HEALTH (low debt)82 · sector 98
DIVIDEND (yield)0 · sector 57

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 Apparel Manufacturing stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Ralph Lauren Corporation RL $346.06 $225.13 −35%
Moncler S.p.A MONC €43.61 €50.69 +16%
Gildan Activewear Inc GIL $46.19 $50.81 +10%
LPP SA LPP 24,520 PLN 20,032 PLN −18%
Levi Strauss & Co LEVI $20.06 $15.83 −21%
V.F. Corporation VFC $13.55 $13.41 −1%
Bosideng International Holdings 3998 HK$4.02 HK$5.92 +47%
Youngor Fashion Co 600177 ¥8.19 ¥5.59 −32%
Kontoor Brands, Inc KTB $67.82 $85.76 +26%
Page Industries Limited PAGEIND ₹37,340 ₹28,533 −24%

Explore undervalued stocks

More undervalued Consumer Cyclical 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.

Crocodile Garments Ltd · Fair Value
HK$2.14 +34%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Crocodile Garments Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0122

Frequently asked questions

Is Crocodile Garments Ltd (0122) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of HK$2.14 versus a price of HK$1.41, about +52% upside (undervalued).
What is the fair value of 0122?
Our model-based fair value for Crocodile Garments Ltd is HK$2.14 (as of Sep 24, 2026), built from audited fundamentals. The current price: HK$1.41.
What is the quality score of 0122?
Crocodile Garments Ltd has a Quality Score of 50/100. 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 Crocodile Garments Ltd (0122)?
Our model-based price target is the fair value of HK$2.14 (as of Sep 24, 2026) from 1 valuation models. Cautious scenario HK$1.60, optimistic scenario HK$3.19. It is a calculation from audited fundamentals, not an analyst target.
What is the Crocodile Garments Ltd stock forecast for 2026?
Our models put fair value at HK$2.14, about +52% upside versus a price of HK$1.41 (undervalued). Cautious scenario HK$1.60, optimistic scenario HK$3.19. The calculation is refreshed regularly with new filings.
What is the revenue of Crocodile Garments Ltd (0122)?
Crocodile Garments Ltd reported trailing-twelve-month revenue of about HK$92.3M (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Crocodile Garments Ltd (0122)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Crocodile Garments Ltd it is HK$2.14 per share (as of Sep 24, 2026), against a price of HK$1.41. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Crocodile Garments Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0122 trades below its calculated fair value: price HK$1.41, fair value HK$2.14, a gap of about +52% (undervalued). 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 0122?
No. The price is what the market pays today (HK$1.41); the fair value is what the company's own numbers justify (HK$2.14). For Crocodile Garments Ltd the two are HK$0.7280 per share apart. That gap is exactly why we show both numbers side by side.
How much is Crocodile Garments Ltd worth?
The market values Crocodile Garments Ltd at about HK$146M (market capitalisation, as of Sep 24, 2026). Per share that is HK$1.41; our models calculate a fair value of HK$2.14 per share.
What do the bullish and bearish scenarios say about 0122?
Our models span a range for Crocodile Garments Ltd: cautious scenario HK$1.60, base HK$2.14, optimistic HK$3.19 per share (as of Sep 24, 2026, price HK$1.41). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Crocodile Garments Ltd (0122)?
Balance-sheet figures for Crocodile Garments Ltd (as of Sep 24, 2026): return on equity −7.7%, debt of 0.35 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is 0122 from its 52-week high?
Crocodile Garments Ltd trades at HK$1.41, about 27% below its 52-week high of HK$1.93 and 6% above the low of HK$1.33 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of HK$2.14 is for.
Which stocks are comparable to Crocodile Garments Ltd?
From the same area (Consumer Cyclical) we also value Ralph Lauren Corporation, Moncler S.p.A, Gildan Activewear Inc, LPP SA, 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 Crocodile Garments Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price HK$1.41, calculated fair value HK$2.14 (+52%), Quality Score 50/100, from 1 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 0122 calculated?
We run Crocodile Garments Ltd through 1 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$2.14, 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. Crocodile Garments Ltd currently trades 52 % below its own fair value, and the market average says nothing about that. 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 Crocodile Garments Ltd (0122)?
The closing price on Sep 24, 2026 was HK$1.41. Our model-based fair value is HK$2.14, about +52% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Crocodile Garments Ltd right now?
The price is below even our cautious bear case (HK$1.60). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (HK$1.60 to HK$3.19) leaves room in how you read the outcome.

Key figures of Crocodile Garments Ltd

How large is the market capitalisation of Crocodile Garments Ltd (0122)?
The market capitalisation of Crocodile Garments Ltd is HK$146M (≈ $18.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Crocodile Garments Ltd (0122)?
The price-to-sales ratio of Crocodile Garments Ltd is 1.58 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Crocodile Garments Ltd (0122)?
Earnings per share at Crocodile Garments Ltd are HK$−0.1600. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Crocodile Garments Ltd (0122)?
The net margin of Crocodile Garments Ltd is −38.9% (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 Crocodile Garments Ltd (0122)?
The return on equity (ROE) of Crocodile Garments Ltd is −7.7% (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 Crocodile Garments Ltd (0122)?
On an EBIT basis the return on assets of Crocodile Garments 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 Crocodile Garments Ltd (0122)?
The operating margin of Crocodile Garments Ltd is −32.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Crocodile Garments Ltd (0122)?
Revenue at Crocodile Garments Ltd is growing +1.4% versus a year earlier (3y avg +10.2%). 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 Crocodile Garments Ltd (0122)?
Earnings per share at Crocodile Garments Ltd are growing −94.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Crocodile Garments Ltd (0122) generate?
The free cash flow of Crocodile Garments Ltd is −HK$77.4M (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 Crocodile Garments Ltd (0122) carry?
The net debt of Crocodile Garments Ltd is HK$582M (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 Crocodile Garments Ltd in the live analysis

One click puts Crocodile Garments 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.