EN DE

China Travel International Investment Hong Kong Limited (0308) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$5.7B

CT China Travel International Investment Hong Kong Limited 0308 · HK
PriceHK$1.20
Fair ValueHK$0.9500
Upside-20.8%
Quality48/100
Watch China Travel International Investment Hong Kong Limited for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Loss-making · -6.9% net margin
Low debt · generates free cash flow
0.95% dividend yield
Trails peers (4/14)
Narrow moat 25/100
Evidence: Medium Range HK$0.7400 – HK$1.26 Share as image

Fair value as of: Aug 2, 2026

From 15 valuation models · updated 8 days ago

Fair value updated Aug 2, 2026, revised from HK$0.9600 to HK$0.9500 (−1.0%) since Jul 1, 2026. Share price +13.2% over the past month.

Below-average quality, and screening another 21% overvalued on our models.

What matters now

  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from HK$0.7400 (bear) to HK$1.26 (bull), base HK$0.9500. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 48/100 (below-average quality) with medium evidence: read the verdict with care.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$1.75 HK$0.7496 Fair Value HK$0.9500 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$0.7496 – HK$1.75 · fair‑value band HK$0.7400 – HK$1.26 · the HK$1.20 price screens above the HK$0.9500 fair value. Dashed = 300-day average. As of Aug 2, 2026.

Full chart & analysis →

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

Analysis

China Travel International Investment Hong Kong Limited (0308) currently trades at HK$1.20, while our model-based Fair Value estimate is HK$0.9500, implying the stock looks roughly 20.8% overvalued today. The Quality Score stands at 48/100 (below-average 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).

Over the trailing twelve months, China Travel International Investment Hong Kong Limited generated revenue of HK$4.1B at a net margin of -6.9%. Revenue declined 7.6% year over year. It earns a return on equity of 1.5%. The balance sheet holds a net cash position of HK$260M. Fundamentals as of Aug 2, 2026

Our scenario range runs from HK$0.7400 (bear case) to HK$1.26 (bull case); at HK$1.20, the current price sits within 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 39% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at -21%, 0308 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$0.6200 HK$0.7100 HK$0.8700 80
Rev-Margin DCF HK$0.7300 HK$0.9400 HK$1.20 74
ROIC Compounder HK$0.6100 HK$0.6500 HK$0.6900 72
All 15 models by family
DCF Models
FCF DCF HK$0.6100 HK$0.7000 HK$0.8800 38
5Y Revenue Exit HK$0.7300 HK$0.9300 HK$1.24 39
5Y EBITDA Exit HK$1.24 HK$1.80 HK$2.57 41
10Y Revenue Exit HK$0.6700 HK$0.8400 HK$1.03 36
10Y EBITDA Exit HK$0.9900 HK$1.40 HK$1.87 37
Earnings-Based
EPV HK$0.6100 HK$0.6500 HK$0.6900 59
Dividend Discount
Gordon GGM HK$0.2200 HK$0.2700 HK$0.3100 70
DDM Multi-Stage HK$0.2200 HK$0.2900 HK$0.3700 61
Multiples
EV/EBIT HK$1.09 HK$1.34 HK$1.59 53
EV/EBITDA HK$1.85 HK$2.36 HK$2.87 54
EV/Revenue HK$0.8400 HK$1.06 HK$1.28 43
Asset-Based
NCAV (Graham) HK$1.02 HK$1.36 HK$2.04 50
Growth DCF
Growth DCF HK$0.6200 HK$0.7100 HK$0.8700 80
Rev-Margin DCF HK$0.7300 HK$0.9400 HK$1.20 74
Economic Profit
ROIC Compounder HK$0.6100 HK$0.6500 HK$0.6900 72

Widest divergence: Asset-Based (HK$1.36) versus Dividend Discount (HK$0.2700). Highest evidence: Growth DCF (80).

Notify me when 0308 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) HK$4.1B
Revenue growth (YoY) -7.6%
Net margin -6.9%
Return on equity 1.5%
Free cash flow HK$160M FY2025
P/E ratio 25.8
More key figures
Operating margin 9.5%
EPS (TTM) HK$-0.0200
Dividend yield 1.0%
EPS growth (YoY) +178%
Net cash HK$260M FY2025

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 48 · Market factors (momentum, volatility) 38

Profitability 8
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 69
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 15
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

China Travel International Investment Hong Kong Limited provides travel and tourism services. It operates through four segments: Tourist Attraction and Related Operations, Travel Document and Related Operations, Hotel Operations, and Passenger Transportation Operations.

Full company description

China Travel International Investment Hong Kong Limited provides travel and tourism services. It operates through four segments: Tourist Attraction and Related Operations, Travel Document and Related Operations, Hotel Operations, and Passenger Transportation Operations. The Tourist Attraction and Related Operations segment operates theme parks, natural and cultural scenic spots in Mainland China. The Travel Document and Related Operations segment engages in the provision of travel document and related services in Hong Kong and Mainland China. The Hotel Operations segment offers hotel accommodation, and food and beverage services in Hong Kong, Macau, and Mainland China. The Passenger Transportation Operations segment provides cross-border transportation services to individuals travelling between Hong Kong, Macau, and Mainland China; and engages in vehicle and vessel rental and charter operations in Hong Kong, Macau, and Mainland China. The company was incorporated in 1992 and is based in Central, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Travel International Investment Hong Kong Limited reported revenue of HK$4.1B in FY2025 versus HK$3.6B in FY2021, a compound +2.8%/yr. Reported net income was −HK$282M in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$4.1B
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.
+8.3%
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.
+0.7%
Avg. 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.
+4.3%
Revenue +2.8%/yr
FY21 HK$3.6B
FY22 HK$3.0B
FY23 HK$4.5B
FY24 HK$4.6B
FY25 HK$4.1B
Net income
FY21 HK$174M
FY22 −HK$356M
FY23 HK$240M
FY24 HK$106M
FY25 −HK$282M

0308 screens 21% overvalued. Compare with ANTA Sports Products Limited →

Share or link this analysis
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). "China Travel International Investment Hong Kong Limited Fair Value". https://www.fairvalue-calculator.com/stock/0308

Peer Group

Leisure · 190 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 48 · Below median
Fair Value upside −21% · Below median
Return on equity (TTM) 1% · Below median
Return on assets 1% · Below median
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) 9% · Above median
Revenue growth -8% · Bottom 25%
Dividend yield (TTM) 1.0% · Bottom 25%
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Leisure median · lower = cheaper

P/E (TTM) 25.8× · Pricier than median
P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 0.18× · Cheaper than 75% of peers
P/FCF 4.5× · Pricier than median
PEG 2.95× · Pricier 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 6 · sector 14
FUTURE 0 · sector 18
PAST 6 · sector 19
HEALTH 95 · sector 94
DIVIDEND 19 · sector 51

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

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

Similar stocks

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

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$74.15 HK$119.29 +61%
Pop Mart International Group 9992 HK$160.20 HK$227.30 +42%
Amer Sports, Inc AS $36.44 $16.16 -56%
Hasbro, Inc HAS $81.55 $83.38 +2%
Life Time Group LTH $42.15 $16.15 -62%
Acushnet Holdings GOLF $114.78 $37.79 -67%
Li Ning Company 2331 HK$14.80 HK$29.26 +98%
Benefit Systems S.A BFT 5,255 PLN 3,714 PLN -29%
Ninebot Limited 689009 ¥37.82 ¥39.17 +4%
Asmodee Group ASMDEEB kr 145.70 kr 41.90 -71%

Compare China Travel International Investment Hong Kong Limited with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is China Travel International Investment Hong Kong Limited (0308) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of HK$0.9500 versus a price of HK$1.20, about −21% (overvalued).
What is the fair value of 0308?
Our model-based fair value for China Travel International Investment Hong Kong Limited is HK$0.9500 (as of Aug 2, 2026), built from audited fundamentals. The current price is HK$1.20.
What is the quality score of 0308?
China Travel International Investment Hong Kong Limited has a Quality Score of 48/100. 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 China Travel International Investment Hong Kong Limited (0308)?
China Travel International Investment Hong Kong Limited reported trailing-twelve-month revenue of about HK$4.1B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of 0308?
The net profit margin of China Travel International Investment Hong Kong Limited is about -6.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does China Travel International Investment Hong Kong Limited pay a dividend?
China Travel International Investment Hong Kong Limited currently shows a dividend yield of about 0.95% relative to its recent price (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.

14 days Pro free · no card

Track China Travel International Investment Hong Kong Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.