EN DE

Winfair Investment Co Ltd (0287) Fair Value & Analysis

Real Estate · HK · Market cap HK$174M (≈ $22.2M) · ISIN HK0287001470

What is Winfair Investment Co Ltd really worth?

WI Winfair Investment Co Ltd 0287 · HK
PriceHK$4.36
Fair ValueHK$5.77
Upside+32.5%
Quality69/100

A solid business, trading 25% below our fair value of HK$5.77.

As of Aug 24, 2026, the fair value of Winfair Investment Co Ltd is HK$5.77 per share against a price of HK$4.36, so the fair value sits 32% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

Watch Winfair Investment 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

Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y +1.7 %/yr)
!Loss-making · -15.7% net margin
!Mixed vs. peers (7/12)
!Narrow moat 35/100
!Evidence only low, so the estimate is less certain

For context

·3.21% dividend yield
Evidence: Low Range HK$4.58 – HK$7.28

Fair value as of: Aug 24, 2026

From 9 valuation models · updated 13 days ago

Fair value updated Aug 24, 2026, revised from HK$6.10 to HK$5.77 (−5.4%) since Aug 13, 2026. Share price −0.1% over the past month.

What runs behind every stock

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

What matters now

  • The price is below even our cautious bear case (HK$4.58). 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 (69/100) at a price below fair value, the discount is the argument here, not the business quality.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (5 years)

HK$8.35 HK$3.11 Fair Value HK$5.77 Apr 2021 Sep 2026

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

How to read this chart

60‑month range HK$3.11 – HK$8.35 · fair‑value band HK$4.58 – HK$7.28 · the HK$4.36 price screens below the HK$5.77 fair value. Dashed = 300-day average. As of Aug 24, 2026.

Full chart & analysis →

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

Analysis

Winfair Investment Co Ltd (0287) currently trades at HK$4.36, while our model-based Fair Value estimate is HK$5.77, implying the stock looks roughly 24.5% undervalued today. The Quality Score stands at 69/100 (solid quality), in the Real Estate sector. Bull case: the Asset-Based group reads highest at a median of HK$16.88 per share, and 1 of the 9 models we run sit above the HK$4.36 price. Bear case: the Dividend Discount group reads lowest at HK$1.38, and 8 of the 9 models stay below the price. Evidence for this calculation is low.

Trailing-twelve-month revenue stands at HK$42.1M. Revenue declined 11.7% year over year. It earns a return on equity of −8.6%. The balance sheet holds a net cash position of HK$133M. Fundamentals as of Aug 24, 2026

Our scenario range runs from HK$4.58 (bear case) to HK$7.28 (bull case); at HK$4.36, the current price sits below 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. The share trades about 4% below its 52-week high and 9% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −23% fair-value upside, at 32%, 0287 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF best evidence HK$3.62 HK$3.90 HK$4.23 82
Growth DCF HK$3.63 HK$3.87 HK$4.15 80
5Y Revenue Exit HK$3.65 HK$4.07 HK$4.59 74
All 9 models by family
DCF Models
FCF DCF best evidence HK$3.62 HK$3.90 HK$4.23 82
5Y Revenue Exit HK$3.65 HK$4.07 HK$4.59 74
10Y Revenue Exit HK$3.61 HK$3.95 HK$4.38 68
Dividend Discount
Gordon GGM HK$0.9600 HK$1.61 HK$2.09 68
DDM Multi-Stage HK$0.9600 HK$1.38 HK$1.73 67
Multiples
EV/Revenue HK$3.72 HK$4.11 HK$4.49 54
Asset-Based
NCAV (Graham) HK$12.60 HK$16.88 HK$25.19 54
Growth DCF
Growth DCF HK$3.63 HK$3.87 HK$4.15 80
Rev-Margin DCF HK$3.65 HK$4.08 HK$4.55 74

Widest divergence: Asset-Based (HK$16.88) versus Dividend Discount (HK$1.38). Highest evidence: FCF DCF (82).

Notify me when 0287 reaches fair value

Put 0287 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/S ratio 4.15 TTM
EPS (TTM) HK$−0.6200
Dividend yield 3.2%
Net margin −25.8% FY2026
Return on equity −8.6% TTM
Return on assets (EBIT) 0.6% avg 5y
More key figures
Profitability
Operating margin 70.6% TTM
Growth
Revenue (TTM) HK$42.1M TTM
Revenue growth (YoY) −11.7% 3y avg +5.7%
EPS growth (YoY) −76.3%
Balance sheet & cash flow
Free cash flow HK$3.9M FY2026
Net cash HK$133M FY2026

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 67 · Market factors (momentum, volatility) 62

Profitability 7
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 48
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Winfair Investment Company Limited, together with its subsidiaries, engages in the property and share investment, property development, and securities dealing businesses in Hong Kong. The company operates through Securities Investments, Property Leasing, and Property Development segments.

Full company description

Winfair Investment Company Limited, together with its subsidiaries, engages in the property and share investment, property development, and securities dealing businesses in Hong Kong. The company operates through Securities Investments, Property Leasing, and Property Development segments. It invests in short-term and long-term securities; and leases residential, commercial, and industrial properties. The company was incorporated in 1971 and is based in Kowloon, Hong Kong.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Winfair Investment Co Ltd reported revenue of HK$22.7M in FY2026 versus HK$18.9M in FY2022, a compound +4.7%/yr. Reported net income was −HK$5.9M in FY2026.

Growth Quality 38/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
HK$22.7M
Latest YoY
+5.9%
Avg. revenue 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.
+5.7%
Avg. revenue 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.
+1.7%
Avg. revenue growth/yr (26Y) 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.
−0.2%
EBIT 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.
923.9% (2018) → −144.1% (2023)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue +4.7%/yr
FY22 HK$18.9M
FY23 HK$19.2M
FY24 HK$8.6M
FY25 HK$21.4M
FY26 HK$22.7M
Net income
FY22 HK$13.5M
FY23 −HK$36.2M
FY24 −HK$49.7M
FY25 −HK$74.7M
FY26 −HK$5.9M

Watch 0287: get an alert when its fair value changes →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
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.

Cite: Fair Value Calculator (2026). "Winfair Investment Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0287.HK

Peer Group

Real Estate Services · 525 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 68 · Top 25%
Fair Value upside +33% · Above median
Return on assets 2% · Below median
Net margin (TTM) −16% · Bottom 25%
Operating margin (TTM) 85% · Top 25%
Revenue growth −16% · Bottom 25%
Dividend yield (TTM) 3.2% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/S (TTM) 0.59× · Cheaper than median
P/FCF 5.7× · Pricier than median
PEG 0.43× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE77 · sector 29
FUTURE0 · sector 11
PAST0 · sector 17
HEALTH99 · sector 84
DIVIDEND64 · sector 63

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 Services stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
CBRE Group CBRE $148.74 $69.47 −53%
Vonovia SE VNA €19.85 €36.67 +85%
Cellnex Telecom, S.A CLNX €27.47 €25.46 −7%
KE Holdings BEKE $17.42 $6.57 −62%
Jones Lang LaSalle Incorporated JLL $378.01 $290.25 −23%
Swire Properties Limited 1972 HK$24.84 HK$5.12 −79%
CoStar Group CSGP $32.22 $4.64 −86%
China Resources Mixc Lifestyle Services Limited 1209 HK$39.84 HK$34.95 −12%
CapitaLand Investment Limited 9CI 2.66 SGD 0.4900 SGD −82%
Plaza S.A MALLPLAZA 4,040 CLP 4,571 CLP +13%

Compare Winfair Investment Co Ltd with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued 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 screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Winfair Investment Co Ltd (0287) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of HK$5.77 versus a price of HK$4.36, about +32% upside (undervalued).
What is the fair value of 0287?
Our model-based fair value for Winfair Investment Co Ltd is HK$5.77 (as of Aug 24, 2026), built from audited fundamentals. The current price: HK$4.36.
What is the quality score of 0287?
Winfair Investment Co Ltd has a Quality Score of 69/100. 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 Winfair Investment Co Ltd (0287)?
Our model-based price target is the fair value of HK$5.77 (as of Aug 24, 2026) from 9 valuation models. Cautious scenario HK$4.58, optimistic scenario HK$7.28. It is a calculation from audited fundamentals, not an analyst target.
What is the Winfair Investment Co Ltd stock forecast for 2026?
Our models put fair value at HK$5.77, about +32% upside versus a price of HK$4.36 (undervalued). Cautious scenario HK$4.58, optimistic scenario HK$7.28. The calculation is refreshed regularly with new filings.
What is the revenue of Winfair Investment Co Ltd (0287)?
Winfair Investment Co Ltd reported trailing-twelve-month revenue of about HK$42.1M (latest available figure, as of Aug 24, 2026).
Does Winfair Investment Co Ltd pay a dividend?
Winfair Investment Co Ltd currently shows a dividend yield of about 3.21% relative to its recent price (as of Aug 24, 2026).
Free · no account needed

Watch Winfair Investment Co Ltd in the live analysis

One click puts Winfair Investment 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.