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Wanda Hotel Development Company (0169) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$493M

WH Wanda Hotel Development Company 0169 · HK
PriceHK$0.0960
Fair ValueHK$0.0694
Upside-27.7%
Quality64/100
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Weak Growth
Low debt · generates free cash flow
Mixed vs. peers (5/10)
Narrow moat 5/100
Evidence: Medium Range HK$0.0513 – HK$0.0740 Share as image

Fair value as of: Aug 2, 2026

From 13 valuation models · updated 8 days ago

Fair value updated Aug 2, 2026, revised from HK$0.0700 to HK$0.0694 (−0.9%) since Jul 1, 2026. Share price −1.0% over the past month.

A solid business, but screening 28% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.0740). The favourable scenario is already priced in.
  • Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

HK$0.7500 HK$0.0830 Fair Value HK$0.0694 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range HK$0.0830 – HK$0.7500 · fair‑value band HK$0.0513 – HK$0.0740 · the HK$0.0960 price screens above the HK$0.0694 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Wanda Hotel Development Company (0169) currently trades at HK$0.0960, while our model-based Fair Value estimate is HK$0.0694, implying the stock looks roughly 27.7% overvalued today. The Quality Score stands at 64/100 (solid quality), in the Consumer Cyclical 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: medium).

Trailing-twelve-month revenue stands at HK$118M. Revenue grew 16.1% year over year. It earns a return on equity of -3.1%. The balance sheet holds a net cash position of HK$511M. Fundamentals as of Aug 2, 2026

Our scenario range runs from HK$0.0513 (bear case) to HK$0.0740 (bull case); at HK$0.0960, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at 11% fair-value upside, at -28%, 0169 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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
Highest evidence
Growth DCF HK$0.8900 HK$1.46 HK$2.35 80
Residual Income HK$1.93 HK$3.30 HK$73.19 61
P/S Multiple HK$0.1200 HK$0.1600 HK$0.2000 58
All 13 models by family
DCF Models
FCF DCF HK$0.9400 HK$1.33 HK$2.47 38
5Y Revenue Exit HK$0.3900 HK$0.4600 HK$0.5800 39
5Y EBITDA Exit HK$0.4300 HK$0.5300 HK$0.7200 41
10Y Revenue Exit HK$0.5800 HK$0.8200 HK$0.8700 36
10Y EBITDA Exit HK$0.6000 HK$0.8900 HK$1.27 37
Multiples
P/S Multiple HK$0.1200 HK$0.1600 HK$0.2000 58
P/B Multiple HK$0.5700 HK$0.7700 HK$0.9600 55
EV/EBIT HK$0.1500 HK$0.1700 HK$0.1800 53
EV/EBITDA HK$0.1800 HK$0.2100 HK$0.2400 54
EV/Revenue HK$0.1300 HK$0.1400 HK$0.1500 43
Asset-Based
NCAV (Graham) HK$0.1900 HK$0.2600 HK$0.3800 50
Growth DCF
Growth DCF HK$0.8900 HK$1.46 HK$2.35 80
Economic Profit
Residual Income HK$1.93 HK$3.30 HK$73.19 61

Widest divergence: Economic Profit (HK$3.30) versus Multiples (HK$0.1700). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$118M
Revenue growth (YoY) +16.1%
Net margin 1,511%
Return on equity -3.1%
Free cash flow HK$288M FY2025
Operating margin -22.7%
More key figures
EPS (TTM) HK$-0.0100
EPS growth (YoY) -80.6%
Net cash HK$511M FY2025

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 70 · Market factors (momentum, volatility) 27

Profitability 61
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Wanda Hotel Development Company Limited, an investment holding company, engages in the trading and property leasing business in Mainland China, Hong Kong, and internationally. It operates through two segments: Leasing of investment properties, and Trading and leasing of overseas properties.

Full company description

Wanda Hotel Development Company Limited, an investment holding company, engages in the trading and property leasing business in Mainland China, Hong Kong, and internationally. It operates through two segments: Leasing of investment properties, and Trading and leasing of overseas properties. The company was formerly known as Wanda Commercial Properties (Group) Co., Limited and changed its name to Wanda Hotel Development Company Limited in October 2014. The company was incorporated in 2000 and is based in Central, Hong Kong. Wanda Hotel Development Company Limited operates as a subsidiary of Wanda Commercial Properties Overseas Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wanda Hotel Development Company reported revenue of HK$118M in FY2025 versus HK$873M in FY2021, a compound −39.4%/yr. Reported net income was HK$1.8B in FY2025, compounding +66.2%/yr from FY2021.

Growth Quality 28/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$118M
Latest YoY
−88.1%
Avg. growth/yr (3Y) 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.
−47.6%
Avg. growth/yr (5Y) 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.
−29.1%
Avg. growth/yr (23Y) 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.
−1.0%
Revenue −39.4%/yr
FY21 HK$873M
FY22 HK$819M
FY23 HK$983M
FY24 HK$991M
FY25 HK$118M
Net income +66.2%/yr
FY21 HK$233M
FY22 HK$193M
FY23 HK$165M
FY24 −HK$591M
FY25 HK$1.8B

0169 screens 28% overvalued. Compare with Las Vegas Sands Corp →

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Cite: Fair Value Calculator (2026). "Wanda Hotel Development Company Fair Value". https://www.fairvalue-calculator.com/stock/0169

Peer Group

Resorts & Casinos · 76 stocks

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.

Quality Score 66 · Top 25%
Fair Value upside −27% · Below median
Return on assets 0% · Bottom 25%
Operating margin (TTM) -23% · Bottom 25%
Revenue growth 16% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Resorts & Casinos median · lower = cheaper

P/S (TTM) 0.54× · Cheaper than median
P/FCF 0.2× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 18
FUTURE 81 · sector 33
PAST 0 · sector 19
HEALTH 100 · sector 84
DIVIDEND 0 · sector 52

VALUE 0: the price sits above our fair-value range.

Values & ESG

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

Gambling

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Resorts & Casinos stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Las Vegas Sands Corp LVS $44.79 $52.27 +17%
Galaxy Entertainment Group 0027 HK$34.20 HK$41.44 +21%
Sands China Ltd 1928 HK$13.08 HK$2.05 -84%
MGM Resorts International, through its subsidiaries, MGM $46.13 $13.70 -70%
Wynn Resorts, Limited WYNN $97.05 $69.39 -29%
Red Rock Resorts, Inc RRR $64.75 $17.09 -74%
Boyd Gaming Corporation BYD $87.64 $151.24 +73%
Caesars Entertainment, Inc CZR $29.91 $80.92 +171%
Genting Singapore Limited G13 0.6200 SGD 0.6900 SGD +11%
Vail Resorts, Inc MTN $150.14 $125.02 -17%

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Frequently asked questions

Is Wanda Hotel Development Company (0169) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of HK$0.0694 versus a price of HK$0.0960, about −28% (overvalued).
What is the fair value of 0169?
Our model-based fair value for Wanda Hotel Development Company is HK$0.0694 (as of Aug 2, 2026), built from audited fundamentals. The current price is HK$0.0960.
What is the quality score of 0169?
Wanda Hotel Development Company has a Quality Score of 64/100. 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 revenue of Wanda Hotel Development Company (0169)?
Wanda Hotel Development Company reported trailing-twelve-month revenue of about HK$118M (latest available figure, as of Aug 2, 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.

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