Asia Standard International Group Ltd (0129) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Asia Standard International Group Ltd stock HK$0.30, price HK$0.15, upside +105.4%, quality 55 out of 100. Rating: strongly undervalued. Calculated from audited financials with 3 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range HK$0.1480 – HK$1.28 · fair‑value band HK$0.0608 – HK$0.6920 · the HK$0.1480 price screens below the HK$0.3040 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Asia Standard International Group Limited, an investment holding company, invests in, develops, and manages commercial, residential, retail, and hotel properties in Hong Kong, the People's Republic of China, and Canada.
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It operates through four segments: Property Sales, Property Leasing, Hotel Operation, and Financial Investments. The company owns, operates, and manages hotels under the Empire brand name.
It also provides real estate agency, financing, management, project management, securities investment, and construction services. The company was founded in 1984 and is based in Wan Chai, Hong Kong. Asia Standard International Group Limited is a subsidiary of Asia Orient Holdings Limited.
Stock analysis
Asia Standard International Group Ltd (0129) currently trades at HK$0.1480, while our model-based Fair Value estimate is HK$0.3040, implying the stock looks roughly 51% undervalued today.
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Valuation
How firm this estimate is: it rests on 3 models at a data quality of 96/100, which puts the data coverage at low.
Scenario range: HK$0.0608 (bear) to HK$0.6920 (bull), the price of HK$0.1480 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 55/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Asia Standard International Group Ltd reported revenue of HK$6.3B in FY2026 versus HK$2.5B in FY2022, a compound +26.0%/yr. Reported net income was −HK$1.9B in FY2026.
Key figures
Market cap HK$210M (≈ $26.8M) Micro · P/S ratio 0.04 · EPS (TTM) HK$−0.2400 · Net margin −29.4% · Return on equity −16.7% · Return on assets (EBIT) −2.2% (5-year average) · Operating margin −64.5% · Revenue (TTM) HK$6.3B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 8 out of 100 (low confidence).
What moves the price
The share trades about 51% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at 105%, 0129 screens cheaper than that median.
Fair Value models
BearHK$0.0608Fair Value HK$0.3040BullHK$0.6920
Price HK$0.1480 · Upside +105.4%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.
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.67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+163.1%
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.
+45.1%
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.
+20.8%
Start year 2021 (pandemic). Over 10 years: +16.8% a year
Revenue growth 26 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.
+6.0%
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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.
73.1% (2020) → −105.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
Compare Asia Standard International Group Ltd with another stock
Price, fair value, quality and upside side by side.
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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.Asset Management · 587 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score55 · Below median
Fair Value upside+105.4% · Top 25%
Profitability
Return on assets−7.2% · Bottom 25%
Net margin (12 months)−29.4% · Bottom 25%
Operating margin (12 months)−64.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)20.5% · Above median
Balance sheet
Debt / equity0.96× · Highest 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "Asia Standard International Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0129
Frequently asked questions
Is Asia Standard International Group Ltd (0129) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of HK$0.3040 versus a price of HK$0.1480, about +105% upside (undervalued).
What is the fair value of 0129?
Our model-based fair value for Asia Standard International Group Ltd is HK$0.3040 (as of Nov 4, 2026), built from audited fundamentals. The current price: HK$0.1480.
What is the quality score of 0129?
Asia Standard International Group Ltd has a Quality Score of 55/100. 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 Asia Standard International Group Ltd (0129)?
Our model-based price target is the fair value of HK$0.3040 (as of Nov 4, 2026) from 3 valuation models. Cautious scenario HK$0.0608, optimistic scenario HK$0.6920. It is a calculation from audited fundamentals, not an analyst target.
What is the Asia Standard International Group Ltd stock forecast for 2026?
Our models put fair value at HK$0.3040, about +105% upside versus a price of HK$0.1480 (undervalued). Cautious scenario HK$0.0608, optimistic scenario HK$0.6920. The calculation is refreshed regularly with new filings.
What is the revenue of Asia Standard International Group Ltd (0129)?
Asia Standard International Group Ltd reported trailing-twelve-month revenue of about HK$6.3B (latest available figure, as of Nov 4, 2026).
What is the intrinsic value of Asia Standard International Group Ltd (0129)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Asia Standard International Group Ltd it is HK$0.3040 per share (as of Nov 4, 2026), against a price of HK$0.1480. It is the blended result of 3 valuation models in 2 families (Asset-Based, Growth DCF).
Is Asia Standard International Group Ltd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 0129 trades below its calculated fair value: price HK$0.1480, fair value HK$0.3040, a gap of about +105% (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 0129?
No. The price is what the market pays today (HK$0.1480); the fair value is what the company's own numbers justify (HK$0.3040). For Asia Standard International Group Ltd the two are HK$0.1560 per share apart. That gap is exactly why we show both numbers side by side.
How much is Asia Standard International Group Ltd worth?
The market values Asia Standard International Group Ltd at about HK$210M (market capitalisation, as of Nov 4, 2026). Per share that is HK$0.1480; our models calculate a fair value of HK$0.3040 per share.
What do the bullish and bearish scenarios say about 0129?
Our models span a range for Asia Standard International Group Ltd: cautious scenario HK$0.0608, base HK$0.3040, optimistic HK$0.6920 per share (as of Nov 4, 2026, price HK$0.1480). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Asia Standard International Group Ltd (0129)?
Balance-sheet figures for Asia Standard International Group Ltd (as of Nov 4, 2026): return on equity −16.7%, debt of 0.96 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is 0129 from its 52-week high?
Asia Standard International Group Ltd trades at HK$0.1480, about 51% below its 52-week high of HK$0.3000 and at the low of HK$0.1480 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.3040 is for.
Which stocks are comparable to Asia Standard International Group Ltd?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Asset Management Ltd, KKR & Co, Apollo Global Management, Inc, 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 Asia Standard International Group Ltd stock attractive at the current price?
The data as of Nov 4, 2026: price HK$0.1480, calculated fair value HK$0.3040 (+105%), Quality Score 55/100, 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 0129 calculated?
We run Asia Standard International Group Ltd through 3 models from 2 families: Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of HK$0.3040 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Asia Standard International Group Ltd currently trades 51% 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 Asia Standard International Group Ltd (0129)?
The closing price on Nov 6, 2026 was HK$0.1480. Our model-based fair value is HK$0.3040, about +105% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Asia Standard International Group Ltd right now?
The model range is unusually wide (HK$0.0608 to HK$0.6920). The outcome hinges heavily on assumptions, so read the point estimate with caution. 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 (55/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Asia Standard International Group Ltd
How large is the market capitalisation of Asia Standard International Group Ltd (0129)?
The market capitalisation of Asia Standard International Group Ltd is HK$210M (≈ $26.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Asia Standard International Group Ltd (0129)?
The price-to-sales ratio of Asia Standard International Group Ltd is 0.04 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Asia Standard International Group Ltd (0129)?
Earnings per share at Asia Standard International Group Ltd are HK$−0.2400. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Asia Standard International Group Ltd (0129)?
The net margin of Asia Standard International Group Ltd is −29.4% (fiscal year 2026). 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 Asia Standard International Group Ltd (0129)?
The return on equity (ROE) of Asia Standard International Group Ltd is −16.7% (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 Asia Standard International Group Ltd (0129)?
On an EBIT basis the return on assets of Asia Standard International Group Ltd is −2.2% (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 Asia Standard International Group Ltd (0129)?
The operating margin of Asia Standard International Group Ltd is −64.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Asia Standard International Group Ltd (0129)?
Revenue at Asia Standard International Group Ltd is growing +20.5% versus a year earlier (3y avg +45.1%). 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 Asia Standard International Group Ltd (0129)?
Earnings per share at Asia Standard International Group Ltd are growing −73.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Asia Standard International Group Ltd (0129) generate?
The free cash flow of Asia Standard International Group Ltd is HK$1.9B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Asia Standard International Group Ltd (0129) carry?
The net debt of Asia Standard International Group Ltd is HK$13.0B (fiscal year 2026, ≈ 6.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 4, 2026