Tse Sui Luen Jewellery (International) Limited (0417) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$177M

A solid business, but screening 39% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (HK$0.6582). The favourable scenario is already priced in.
• The model range is unusually wide (HK$0.2518 to HK$0.6582). The outcome hinges heavily on assumptions, so read the point estimate with caution.
• 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 but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.5600 – HK$2.15 · fair‑value band HK$0.2518 – HK$0.6582 · the HK$0.7500 price screens above the HK$0.4550 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

Tse Sui Luen Jewellery (International) Limited (0417) currently trades at HK$0.7500, while our model-based Fair Value estimate is HK$0.4550, implying the stock looks roughly 39.3% overvalued today. The Quality Score stands at 51/100 (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: low).

Over the trailing twelve months, Tse Sui Luen Jewellery (International) Limited generated revenue of HK$1.6B at a net margin of -12.0%. Revenue declined 15.3% year over year. It earns a return on equity of -43.8%. Net debt stands at HK$677M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.2518 (bear case) to HK$0.6582 (bull case); at HK$0.7500, 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. The share trades about 69% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -6% fair-value upside, at -39%, 0417 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.

Widest divergence: Multiples (HK$8.59) versus Asset-Based (HK$0.9500). Highest evidence: Growth DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

Tse Sui Luen Jewellery (International) Limited, an investment holding company, manufactures, sells, and markets jewelry products in Hong Kong, Macau, Mainland China, and internationally. The company operates through Retail Business, Wholesale Business, E-Business, and Other Businesses segments.

Full company description

Tse Sui Luen Jewellery (International) Limited, an investment holding company, manufactures, sells, and markets jewelry products in Hong Kong, Macau, Mainland China, and internationally. The company operates through Retail Business, Wholesale Business, E-Business, and Other Businesses segments. It is involved in the manufacturing, distributing, and franchising jewelry; sale of jewelry products through e-commerce platforms; and property holding and investment businesses. The company also engages in trademarks holding and investment; cash management; and management and administrative services, as well as involved in logistic and supply chain management activities. In addition, it offers rings earrings, necklaces and pendants, bracelets, bangles, charms, and men's jewelries. The company was founded in 1960 and is headquartered in Hung Hom, Hong Kong. Tse Sui Luen Jewellery (International) Limited is a subsidiary of Partner Logistics Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tse Sui Luen Jewellery (International) Limited reported revenue of HK$1.7B in FY2025 versus HK$2.6B in FY2021, a compound −10.3%/yr. Reported net income was −HK$198M in FY2025.

0417 screens 39% overvalued. Compare with Compagnie Financière Richemont SA →

Peer Group

Luxury Goods · 136 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.

Valuation Multiples vs Luxury Goods median · lower = cheaper

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: 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.

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

Similar stocks

10 more Luxury Goods stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

Frequently asked questions

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.