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New Universe Environmental Group (0436) Fair Value & Analysis

Industrials · HK · Market cap HK$152M

NU New Universe Environmental Group 0436 · HK
PriceHK$0.0550
Fair ValueHK$0.1073
Upside+95.1%
Quality54/100
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Weak Growth
Loss-making · -2.7% net margin
Low debt · generates free cash flow
4.00% dividend yield
Mixed vs. peers (6/11)
Narrow moat 15/100
Evidence: Medium Range HK$0.0963 – HK$0.1183 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 2 days ago

Share price +10.0% over the past month.

A solid business, screening 95% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$0.0963). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

HK$0.2982 HK$0.0416 Fair Value HK$0.1073 Mar 2021 Aug 2026

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$0.0416 – HK$0.2982 · fair‑value band HK$0.0963 – HK$0.1183 · the HK$0.0550 price screens below the HK$0.1073 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

New Universe Environmental Group (0436) currently trades at HK$0.0550, while our model-based Fair Value estimate is HK$0.1073, implying the stock looks roughly 95.1% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Industrials 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: medium), always confirm before acting.

Over the trailing twelve months, New Universe Environmental Group generated revenue of HK$349M at a net margin of -2.7%. Revenue grew 0.2% year over year. It earns a return on equity of -1.4%. The balance sheet holds a net cash position of HK$224M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0963 (bear case) to HK$0.1183 (bull case); at HK$0.0550, the current price sits below 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 44% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at 95%, 0436 screens cheaper 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$0.1700 HK$0.2000 HK$0.2500 80
Rev-Margin DCF HK$0.1500 HK$0.1700 HK$0.2000 74
ROIC Compounder HK$0.1100 HK$0.1100 HK$0.1100 72
All 16 models by family
DCF Models
FCF DCF HK$0.1700 HK$0.2100 HK$0.2600 38
Owner Earnings HK$0.1800 HK$0.2200 HK$0.2700 31
5Y Revenue Exit HK$0.1500 HK$0.1700 HK$0.2000 39
5Y EBITDA Exit HK$0.2600 HK$0.4000 HK$0.5600 41
10Y Revenue Exit HK$0.1500 HK$0.1800 HK$0.2100 36
10Y EBITDA Exit HK$0.2200 HK$0.3200 HK$0.4500 37
Earnings-Based
EPV HK$0.1100 HK$0.1100 HK$0.1100 59
Dividend Discount
Gordon GGM HK$0.0100 HK$0.0200 HK$0.0200 70
DDM Multi-Stage HK$0.0100 HK$0.0200 HK$0.0200 61
Multiples
EV/EBIT HK$0.1400 HK$0.1600 HK$0.1800 53
EV/EBITDA HK$0.3700 HK$0.4600 HK$0.5500 54
EV/Revenue HK$0.1300 HK$0.1500 HK$0.1600 43
Asset-Based
NCAV (Graham) HK$0.1500 HK$0.1900 HK$0.2900 50
Growth DCF
Growth DCF HK$0.1700 HK$0.2000 HK$0.2500 80
Rev-Margin DCF HK$0.1500 HK$0.1700 HK$0.2000 74
Economic Profit
ROIC Compounder HK$0.1100 HK$0.1100 HK$0.1100 72

Widest divergence: DCF Models (HK$0.2100) versus Dividend Discount (HK$0.0200). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$349M
Revenue growth (YoY) +0.2%
Net margin -2.7%
Return on equity -1.4%
Free cash flow HK$28.2M FY2025
Operating margin 6.3%
More key figures
Dividend yield 4.0%
EPS growth (YoY) -48.6%
Net cash HK$224M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 53 · Market factors (momentum, volatility) 34

Profitability 10
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 26
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

New Universe Environmental Group Limited, an investment holding company, provides environmental treatment and disposal services for industrial and medical wastes in the People's Republic of China. It offers environmental treatment services, dangerous chemical tank truck cleansing service, solid waste disposal, and management services.

Full company description

New Universe Environmental Group Limited, an investment holding company, provides environmental treatment and disposal services for industrial and medical wastes in the People's Republic of China. It offers environmental treatment services, dangerous chemical tank truck cleansing service, solid waste disposal, and management services. The company is also involved in the operation of industrial solid waste landfill; detoxifying, reduction, and recycling of industrial waste; professional treatment of general industrial waste, hazardous industrial waste, and medical waste; and incineration treatment of general industrial waste and industrial hazardous waste. In addition, it engages in the operation of sewage treatment, recycling of water, recycling of heavy metals from the sludge for the electroplating industry; plating sewage treatment system; sewage liquid neutralization and recycling system; and environmental technical consultancy. The company was formerly known as New Universe International Group Limited and changed its name to New Universe Environmental Group Limited in May 2016. New Universe Environmental Group Limited was founded in 1996 and is headquartered in Kowloon Bay, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

New Universe Environmental Group reported revenue of HK$349M in FY2025 versus HK$727M in FY2021, a compound −16.8%/yr. Reported net income was −HK$9.6M in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$349M
Latest YoY
−0.2%
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.
−12.2%
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.
−15.1%
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.
+4.1%
Revenue −16.8%/yr
FY21 HK$727M
FY22 HK$516M
FY23 HK$406M
FY24 HK$349M
FY25 HK$349M
Net income
FY21 HK$40.4M
FY22 HK$7.3M
FY23 −HK$33.1M
FY24 −HK$26.3M
FY25 −HK$9.6M

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Cite: Fair Value Calculator (2026). "New Universe Environmental Group Fair Value". https://www.fairvalue-calculator.com/stock/0436

Peer Group

Waste Management · 168 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 54 · Above median
Fair Value upside +100% · Top 25%
Return on assets 0% · Below median
Net margin (TTM) -3% · Bottom 25%
Operating margin (TTM) 6% · Below median
Revenue growth 0% · Below median
Dividend yield (TTM) 4.0% · Above median

Valuation Multiples vs Waste Management median · lower = cheaper

P/S (TTM) 0.06× · Cheaper than 75% of peers
P/FCF 0.7× · Cheaper 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 100 · sector 8
FUTURE 1 · sector 21
PAST 0 · sector 25
HEALTH 100 · sector 81
DIVIDEND 80 · sector 47

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 Waste Management stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $226.32 $128.02 -43%
Republic Services, Inc RSG $215.08 $120.63 -44%
Waste Connections, Inc WCN C$230.52 C$78.67 -66%
Veolia Environnement SA VIE €34.47 €23.26 -33%
Clean Harbors, Inc CLH $316.65 $154.01 -51%
GFL Environmental Inc GFL C$57.56 C$44.27 -23%
GEM Co 002340 ¥6.75 ¥5.27 -22%
Zhejiang Weiming Environment Protection Co 603568 ¥15.68 ¥20.95 +34%
China Everbright Environment Group 0257 HK$5.00 HK$8.96 +79%
Beijing GeoEnviron Engineering & Technology, Inc 603588 ¥14.10 ¥9.35 -34%

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Frequently asked questions

Is New Universe Environmental Group (0436) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.1073 versus a price of HK$0.0550, about +95% (undervalued).
What is the fair value of 0436?
Our model-based fair value for New Universe Environmental Group is HK$0.1073 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0550.
What is the quality score of 0436?
New Universe Environmental Group has a Quality Score of 54/100. 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 New Universe Environmental Group (0436)?
New Universe Environmental Group reported trailing-twelve-month revenue of about HK$349M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0436?
The net profit margin of New Universe Environmental Group is about -2.7%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does New Universe Environmental Group pay a dividend?
New Universe Environmental Group currently shows a dividend yield of about 4.00% relative to its recent price (as of Aug 13, 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.

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