EN DE
Watch Cmge Technology Group Ltd for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Cmge Technology Group Ltd (0302) fair value: what the stock is really worth

As of Nov 9, 2026: fair value (intrinsic value) of Cmge Technology Group Ltd stock HK$0.38, price HK$0.16, upside +137.5%, quality 37 out of 100. Rating: strongly undervalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Communication Services HK · Based in China · ISIN KYG2347J1094

CT Cmge Technology Group Ltd logo Thin data Nov 9, 2026

Cmge Technology Group Ltd

0302 · HK
Cheap, value-trap risk

The stock costs 58% less than our calculation considers fair.

Fair value HK$0.3800 · Strongly undervalued
Low debt
Even on cautious assumptions the value is 75% above the price (HK$0.2800).
Mixed vs. peers (5/11)
Quality 37/100
Weak Growth (revenue 5y −18.3 %/yr in CNY)
Loss-making · -94.0% net margin (TTM)
Negative free cash flow
Narrow moat 9/100
Thin data
Watch Cmge Technology Group Ltd for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

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

Price vs Fair Value

HK$5.08 HK$0.1600 Fair Value HK$0.3800 Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.

How to read this chart

60‑month range HK$0.1600 – HK$5.08 · fair‑value band HK$0.2800 – HK$0.5600 · the HK$0.1600 price screens below the HK$0.3800 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.

Follow Cmge Technology Group in your weekly email

Every Wednesday you see whether Cmge Technology Group 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

CMGE Technology Group Limited, an investment holding company, develops and publishes intellectual property (IP)-based games in Mainland China and internationally. It operates through Game Publishing, Game Development, and Licensing of Intellectual Property segments.

Show moreShow less

The company offers IPs related to cultural products and artworks, such as icons or characters from animations, novels, and motion pictures. It is also involved in mobile game publishing, game development, and digital art activities.

CMGE Technology Group Limited was founded in 2009 and is headquartered in Shenzhen, the People's Republic of China.

Stock analysis

Cmge Technology Group Ltd (0302) currently trades at HK$0.1600, while our model-based Fair Value estimate is HK$0.3800, implying the stock looks roughly 58% undervalued today.

Show more

Valuation

How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the data coverage at low.

Scenario range: HK$0.2800 (bear) to HK$0.5600 (bull), the price of HK$0.1600 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 37/100 (below-average quality), in the Communication Services sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

Cmge Technology Group Ltd reported revenue of 1.4B CNY in FY2025 versus 4.0B CNY in FY2021, a compound −23.0%/yr. Reported net income was −1.5B CNY in FY2025.

Key figures

Market cap HK$586M (≈ $74.8M) Micro · P/S ratio 0.60 · Net margin −106% · Return on equity −33.2% · Return on assets (EBIT) −4.7% (5-year average) · Operating margin −16.9% · Revenue (TTM) 982M CNY · Revenue growth (YoY) −53.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 9 out of 100 (medium confidence).

What moves the price

The share trades about 62% below its 52-week high and at its 52-week low, currently below its 200-day average.

For context, the median of 10 Communication Services peers we cover trades at 50% fair-value upside, at 138%, 0302 screens cheaper than that median.

Fair Value models

Bear HK$0.2800 Fair Value HK$0.3800 Bull HK$0.5600
Price HK$0.1600 · Upside +137.5%
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.
Best data coverage
NCAV (Graham) HK$0.2800 HK$0.3800 HK$0.5600 54
All 1 models by family
Asset-Based
NCAV (Graham) HK$0.2800 HK$0.3800 HK$0.5600 54

Open the full fair value analysis →

Quality Score breakdown

Overall quality 37/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 9
How much profit the company makes from its sales and capital
Quality Growth 33
Are margins and returns getting better?
Cashflow 9
Do the profits arrive as real cash?
Financial strength 50
Debt, balance sheet and risk of trouble
Investment 100
Does it invest with discipline instead of growing at any price?
Low Volatility 45
How calm the share price moves, does not count
Price momentum 9
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 0
Distance to the 52-week high, does not count
New shares 57
Buys back shares or issues new ones?

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. 0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−28.0%
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.
−20.0%
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.
−18.3%
Start year 2020 (pandemic)
Revenue growth 9 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.
+3.7%
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.
5.7% (2020) → −36.1% (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 0302, get fair value alerts →

Compare Cmge Technology Group 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.Electronic Gaming & Multimedia · 164 stocks

Beats the industry median on 4/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 37 · Bottom 25%
Fair Value upside +127.5% · Top 25%
Profitability
Return on assets −43.0% · Bottom 25%
Net margin (12 months) −94.0% · Bottom 25%
Operating margin (12 months) −16.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −53.5% · Bottom 25%

Valuation Multiplesvs Electronic Gaming & Multimedia median · lower = cheaper

P/B 0.21× · Cheapest 25%
P/S (12 months) 0.51× · Cheapest 25%
PEG 0.26× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 52
FUTURE (revenue growth)0 · sector 12
PAST (return on equity)0 · sector 9
HEALTH (low debt)100 · sector 100
DIVIDEND (yield)0 · sector 59

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 Electronic Gaming & Multimedia stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
37 Interactive Entertainment Network Technology Group 002555 ¥16.32 ¥38.45 +136% vs 0302
Zhejiang Century Huatong Group 002602 ¥12.85 ¥27.63 +115% vs 0302
NetEase, Inc NTES $129.45 $255.42 +97% vs 0302
KRAFTON, Inc 259960 220,500 KRW 410,472 KRW +86% vs 0302
Giant Network Group 002558 ¥21.29 ¥31.97 +50% vs 0302
International Games System Co 3293 736.00 TWD 1,094 TWD +49% vs 0302
Kingnet Network Co 002517 ¥17.18 ¥21.73 +26% vs 0302
Roblox Corporation RBLX $49.30 $44.31 −10% vs 0302
Take-Two Interactive Software, Inc TTWO $214.87 $75.06 −65% vs 0302
CD Projekt S.A CDR 266.90 PLN 67.47 PLN −75% vs 0302

Explore undervalued stocks

More undervalued Communication Services stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 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

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.

Cmge Technology Group Ltd: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Cmge Technology Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0302

Frequently asked questions

Is Cmge Technology Group Ltd (0302) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of HK$0.3800 versus a price of HK$0.1600, about +138% upside (undervalued).
What is the fair value of 0302?
Our model-based fair value for Cmge Technology Group Ltd is HK$0.3800 (as of Nov 9, 2026), built from audited fundamentals. The current price: HK$0.1600.
What is the quality score of 0302?
Cmge Technology Group Ltd has a Quality Score of 37/100. 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 Cmge Technology Group Ltd (0302)?
Our model-based price target is the fair value of HK$0.3800 (as of Nov 9, 2026) from 1 valuation models. Cautious scenario HK$0.2800, optimistic scenario HK$0.5600. It is a calculation from audited fundamentals, not an analyst target.
What is the Cmge Technology Group Ltd stock forecast for 2026?
Our models put fair value at HK$0.3800, about +138% upside versus a price of HK$0.1600 (undervalued). Cautious scenario HK$0.2800, optimistic scenario HK$0.5600. The calculation is refreshed regularly with new filings.
What is the revenue of Cmge Technology Group Ltd (0302)?
Cmge Technology Group Ltd reported trailing-twelve-month revenue of about 982M CNY (latest available figure, as of Nov 9, 2026).
What is the intrinsic value of Cmge Technology Group Ltd (0302)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cmge Technology Group Ltd it is HK$0.3800 per share (as of Nov 9, 2026), against a price of HK$0.1600. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is Cmge Technology Group Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 0302 trades below its calculated fair value: price HK$0.1600, fair value HK$0.3800, a gap of about +138% (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 0302?
No. The price is what the market pays today (HK$0.1600); the fair value is what the company's own numbers justify (HK$0.3800). For Cmge Technology Group Ltd the two are HK$0.2200 per share apart. That gap is exactly why we show both numbers side by side.
How much is Cmge Technology Group Ltd worth?
The market values Cmge Technology Group Ltd at about HK$586M (market capitalisation, as of Nov 9, 2026). Per share that is HK$0.1600; our models calculate a fair value of HK$0.3800 per share.
What do the bullish and bearish scenarios say about 0302?
Our models span a range for Cmge Technology Group Ltd: cautious scenario HK$0.2800, base HK$0.3800, optimistic HK$0.5600 per share (as of Nov 9, 2026, price HK$0.1600). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of 0302?
The PEG ratio of Cmge Technology Group Ltd is 0.26 (P/E divided by earnings growth, as of Nov 9, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Cmge Technology Group Ltd (0302)?
Balance-sheet figures for Cmge Technology Group Ltd (as of Nov 9, 2026): return on equity −33.2%. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is 0302 from its 52-week high?
Cmge Technology Group Ltd trades at HK$0.1600, about 62% below its 52-week high of HK$0.4250 and at the low of HK$0.1600 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.3800 is for.
Which stocks are comparable to Cmge Technology Group Ltd?
From the same area (Communication Services) we also value NetEase, Inc, Take-Two Interactive Software, Inc, Roblox Corporation, Zhejiang Century Huatong Group, 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 Cmge Technology Group Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price HK$0.1600, calculated fair value HK$0.3800 (+138%), Quality Score 37/100, 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 0302 calculated?
We run Cmge Technology Group Ltd through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of HK$0.3800 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. Cmge Technology Group Ltd currently trades 58% 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 Cmge Technology Group Ltd (0302)?
The closing price on Nov 9, 2026 was HK$0.1600. Our model-based fair value is HK$0.3800, about +138% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cmge Technology Group Ltd right now?
The large discount to fair value meets weak quality (37/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (HK$0.2800). 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. A fairly wide model range (HK$0.2800 to HK$0.5600) leaves room in how you read the outcome.

Key figures of Cmge Technology Group Ltd

How large is the market capitalisation of Cmge Technology Group Ltd (0302)?
The market capitalisation of Cmge Technology Group Ltd is HK$586M (≈ $74.8M). 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 Cmge Technology Group Ltd (0302)?
The price-to-sales ratio of Cmge Technology Group Ltd is 0.60 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Cmge Technology Group Ltd (0302)?
The net margin of Cmge Technology Group Ltd is −106% (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 Cmge Technology Group Ltd (0302)?
The return on equity (ROE) of Cmge Technology Group Ltd is −33.2% (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 Cmge Technology Group Ltd (0302)?
On an EBIT basis the return on assets of Cmge Technology Group Ltd is −4.7% (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 Cmge Technology Group Ltd (0302)?
The operating margin of Cmge Technology Group Ltd is −16.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cmge Technology Group Ltd (0302)?
Revenue at Cmge Technology Group Ltd is growing −53.5% versus a year earlier (3y avg −20.0%). 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 Cmge Technology Group Ltd (0302)?
Earnings per share at Cmge Technology Group Ltd are growing −55.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Cmge Technology Group Ltd (0302) generate?
The free cash flow of Cmge Technology Group Ltd is −12.5M CNY (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 Cmge Technology Group Ltd (0302) carry?
The net debt of Cmge Technology Group Ltd is 411M CNY (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 Cmge Technology Group Ltd in the live analysis

One click puts Cmge Technology Group Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.