Yip’s Chemical Holdings Ltd (0408) fair value: what the stock is really worth
As of Sep 29, 2026: fair value of Yip’s Chemical Holdings Ltd HK$2.93, price HK$2.65, upside +10.6%, quality 52 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Yip’s Chemical Holdings Ltd
0408 · HKNeutralThe stock looks roughly fairly valued with average quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range HK$1.16 – HK$3.19 · fair‑value band HK$2.45 – HK$3.45 · the HK$2.65 price screens below the HK$2.93 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Company profile
Yip's Chemical Holdings Limited, an investment holding company, produces and sells petrochemical products in the People's Republic of China, Hong Kong, and internationally. It operates through Coatings, Inks, Lubricants, Chemical Vapour Recovery and Treatment, and Properties segments.
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Yip's Chemical Holdings Limited, an investment holding company, produces and sells petrochemical products in the People's Republic of China, Hong Kong, and internationally. It operates through Coatings, Inks, Lubricants, Chemical Vapour Recovery and Treatment, and Properties segments. The Coatings segment provides architectural coatings, including inner and outer emulsion wall paints, floor and art coatings, faux stone paints, wood paints, and auxiliary materials, as well as artistic coatings and waterproofing materials for the household paints market; industrial coatings such as coatings for furniture and toys, as well as protective coatings; and acrylic, water-based, alkyd, polyester resins, and polyurethane curing agents under the Camel, Aquapro, and VIVA brands. The Inks segment produces and sells gravure, offset, screen, and UV printing inks, as well as solvents and processing materials for use in food, beverage, daily necessities, industrial products, printed materials, electronic products, gift packaging, and decorative materials. The Lubricants segment offers automobiles and industrial lubricants, including engine oils, antifreezes, system coolants, brake oils, lubricating greases, gear oils, automatic gearbox oils, hydraulic oils, etc. under the Hercules brand. It also provides special lubricants under the Pacoil brand to the electronics, home appliances, automobiles, bearing manufacturing, engineering machinery, steel, port terminals, cement, toy, textiles, and metal processing industries. The Chemical Vapour Recovery and Treatment segment engages in research, design, manufacturing, and provision of specialised system solutions; and transportation of chemicals, oil and gas. The Properties segment invests in properties. It also trades in coatings, solvents, resins, inks, and lubricants. The company offers treasury and car maintenance services. Yip's Chemical Holdings Limited was founded in 1971 and is headquartered in Wan Chai, Hong Kong.
Stock analysis
Yip’s Chemical Holdings Ltd (0408) currently trades at HK$2.65, while our model-based Fair Value estimate is HK$2.93, implying the stock looks roughly 9.6% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of HK$4.82 per share, and 13 of the 24 models we run sit above the HK$2.65 price.
Bear case: the Dividend Discount group reads lowest at HK$1.17, and 11 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$2.45 (bear) to HK$3.45 (bull), the price of HK$2.65 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 52/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Yip’s Chemical Holdings Ltd reported revenue of HK$3.0B in FY2025 versus HK$4.0B in FY2021, a compound −7.0%/yr. Reported net income was HK$137M in FY2025, compounding −23.7%/yr from FY2021.
Key figures
Market cap HK$1.5B (≈ $189M) · P/E ratio 8.4 · P/S ratio 0.39 · EPS (TTM) HK$0.1200 · Dividend yield 6.0% · Net margin 4.6% · Return on equity 3.4% · Return on assets (EBIT) −0.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 57% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −39% fair-value upside, at 11%, 0408 screens cheaper than that median.
Fair Value models
All 24 models by family
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Set up alert →Quality Score breakdown
Of which business quality 50 · Market factors (momentum, volatility) 86
Revenue & earnings trend
Growth Forecast
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Compare Yip’s Chemical Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
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.Specialty Chemicals · 707 stocks
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Hong Kong Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Linde plc LIN | $469.89 | $441.72 | −6% |
| The Sherwin-Williams Company SHW | $329.10 | $151.68 | −54% |
| Ecolab Inc ECL | $279.49 | $96.56 | −65% |
| Air Products and Chemicals, Inc APD | $281.76 | $121.30 | −57% |
| Nan Ya Plastics Corporation 1303 | 238.00 TWD | 234.23 TWD | −2% |
| Givaudan SA GIVN | CHF 3,447 | CHF 1,527 | −56% |
| Wanhua Chemical Group 600309 | ¥69.45 | ¥68.03 | −2% |
| DSM-Firmenich AG DSFIR | CHF 92.30 | CHF 29.70 | −68% |
| Asian Paints Limited ASIANPAINT | ₹2,444 | ₹1,479 | −39% |
| PPG Industries, Inc PPG | $107.52 | $76.98 | −28% |
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Key figures of Yip’s Chemical Holdings Ltd
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