0428 (0428) Fair Value & Analysis

Financial Services · Market cap HK$35.2M

0 0428 0428 · HK

PriceHK$0.2280

Fair ValueHK$0.4560

Upside+100.0%

Quality52/100

Evidence: High Range HK$0.3420 – HK$0.5700

Fair value as of: Jul 1, 2026

From 25 valuation models · updated today

Share price −17.1% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$0.2000 – HK$0.3250 · fair‑value band HK$0.3420 – HK$0.5700 · the HK$0.2280 price screens below the HK$0.4560 fair value. As of Jul 1, 2026.

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

Analysis

0428 (0428) currently trades at HK$0.2280, while our model-based Fair Value estimate is HK$0.4560 — implying the stock looks roughly 100.0% undervalued today. We read business quality at 52/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Trailing-twelve-month revenue stands at HK$319K. Revenue grew 40.7% year over year. It earns a return on equity of 6.4%. Net debt stands at HK$1.6M. Fundamentals as of Jul 1, 2026

Key figures & financial health

Revenue (TTM) HK$319K

Revenue growth (YoY) +40.7%

Net margin 3,069%

Return on equity 6.4%

Free cash flow HK$3.7M FY2025

P/E ratio 2.5

More key figures

Operating margin -1,073%

EPS (TTM) HK$0.0300

Net debt HK$1.6M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 1, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

0428 reported revenue of HK$24.3M in FY2025 versus HK$7.6M in FY2021, a compound +33.7%/yr. Reported net income was HK$9.8M in FY2025.

Revenue +33.7%/yr

FY21 HK$7.6M

FY22 HK$4.6M

FY23 HK$59.9M

FY24 HK$254K

FY25 HK$24.3M

Net income

FY21 −HK$28.6M

FY22 −HK$48.1M

FY23 HK$53.5M

FY24 −HK$76.8M

FY25 HK$9.8M

Is 0428 fairly valued? → Check now

Similar stocks

6 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 1, 2026).

Stock	Price	Fair Value	vs Fair Value
Huatai Securities Co HTSC	$0.2700	$0.0500	-81%
Morgan Stanley, a financial holding company, MS	$214.98	$138.97	-35%
The Goldman Sachs Group GS	$1,001	$283.83	-72%
CITIC Securities Company 600030	¥25.67	¥51.34	+100%
Mirae Asset Securities Co 006800	46,100 KRW	36,828 KRW	-20%
Meritz Financial Group 138040	104,600 KRW	64,979 KRW	-38%

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks Technology Financial Services Healthcare Consumer Cyclical Consumer Defensive Communication Services Industrials Energy Basic Materials Real Estate Utilities Deeply Undervalued Stocks Undervalued Blue-Chip Stocks Undervalued Small-Cap Stocks

Frequently asked questions

Is 0428 (0428) undervalued?

As of Jul 1, 2026, our model estimates a fair value of HK$0.4560 versus a price of HK$0.2280 — about +100% (undervalued). Model-based estimate, not financial advice.

What is the fair value of 0428?

Our model-based fair value for 0428 is HK$0.4560 (as of Jul 1, 2026), built from audited fundamentals. The current price is HK$0.2280.

What is the quality score of 0428?

0428 has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 0428 (0428)?

0428 reported trailing-twelve-month revenue of about HK$319K (latest available figure, as of Jul 1, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.