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Success Universe Group (0487) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$217M

SU Success Universe Group 0487 · HK
PriceHK$0.0410
Fair ValueHK$0.0608
Upside+48.3%
Quality38/100
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Weak Growth
Thin margins · 0.0% net margin
Moderate debt · negative free cash flow
Trails peers (4/11)
Narrow moat 1/100
Evidence: Low Range HK$0.0518 – HK$0.0743 Share as image

Fair value as of: Aug 13, 2026

From 3 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$0.0589 to HK$0.0608 (+3.2%) since Aug 2, 2026. Share price −4.7% over the past month.

Below-average quality, screening 48% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (38/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (HK$0.0518). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

HK$0.2850 HK$0.0380 Fair Value HK$0.0608 Sep 2018 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$0.0380 – HK$0.2850 · fair‑value band HK$0.0518 – HK$0.0743 · the HK$0.0410 price screens below the HK$0.0608 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Success Universe Group (0487) currently trades at HK$0.0410, while our model-based Fair Value estimate is HK$0.0608, implying the stock looks roughly 48.3% undervalued today. The Quality Score stands at 38/100 (below-average quality), in the Consumer Cyclical 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: low), always confirm before acting.

Trailing-twelve-month revenue stands at HK$59.7M. Revenue grew 63.1% year over year. It earns a return on equity of -53.1%. Net debt stands at HK$408M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0518 (bear case) to HK$0.0743 (bull case); at HK$0.0410, 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 73% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -28% fair-value upside, at 48%, 0487 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
Gordon GGM HK$0.0100 HK$0.0100 HK$0.0100 70
DDM Multi-Stage HK$0.0100 HK$0.0100 HK$0.0100 61
NCAV (Graham) HK$0.0600 HK$0.0800 HK$0.1200 50
All 3 models by family
Dividend Discount
Gordon GGM HK$0.0100 HK$0.0100 HK$0.0100 70
DDM Multi-Stage HK$0.0100 HK$0.0100 HK$0.0100 61
Asset-Based
NCAV (Graham) HK$0.0600 HK$0.0800 HK$0.1200 50

Widest divergence: Asset-Based (HK$0.0800) versus Dividend Discount (HK$0.0100). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) HK$59.7M
Revenue growth (YoY) +63.1%
Return on equity -53.1%
Free cash flow −HK$49.2M FY2025
Operating margin -80.5%
EPS (TTM) HK$-0.0100
More key figures
EPS growth (YoY) +733%
Net debt HK$408M FY2025

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

Quality Score breakdown

Overall quality 38/100

Of which business quality 36 · Market factors (momentum, volatility) 16

Profitability 1
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 2
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

Success Universe Group Limited, an investment holding company, engages in the travel-related and property investment businesses in Hong Kong, Macau, the People's Republic of China, and North America. The company operates through two segments, Travel Business and Property Investment Business.

Full company description

Success Universe Group Limited, an investment holding company, engages in the travel-related and property investment businesses in Hong Kong, Macau, the People's Republic of China, and North America. The company operates through two segments, Travel Business and Property Investment Business. It provides travel-related and administration services; and wholesale and retails airline tickets and tour packages. The company also rents and leases office premises and sells properties. In addition, it manages Ponte 16, an integrated casino-entertainment resort in Macau. The company was founded in 2003 and is headquartered in Hong Kong, Hong Kong. Success Universe Group Limited is a subsidiary of Silver Rich Macau Development Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Success Universe Group reported revenue of HK$59.7M in FY2025 versus HK$151M in FY2021, a compound −20.7%/yr. Reported net income was −HK$410M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$59.7M
Latest YoY
+16.3%
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.
−19.6%
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.
−30.3%
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.
−8.7%
Revenue −20.7%/yr
FY21 HK$151M
FY22 HK$115M
FY23 HK$102M
FY24 HK$51.4M
FY25 HK$59.7M
Net income
FY21 HK$4.9M
FY22 −HK$287M
FY23 HK$169M
FY24 HK$93.4M
FY25 −HK$410M

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Cite: Fair Value Calculator (2026). "Success Universe Group Fair Value". https://www.fairvalue-calculator.com/stock/0487

Peer Group

Travel Services · 92 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 38 · Bottom 25%
Fair Value upside +46% · Top 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) -81% · Bottom 25%
Revenue growth 63% · Top 25%
Dividend yield (TTM) 2.0% · Below median
Debt / equity 0.54× · Higher than 75% of peers

Valuation Multiples vs Travel Services median · lower = cheaper

P/B 0.05× · Cheaper than 75% of peers
P/S (TTM) 0.46× · Cheaper than median

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 95 · sector 25
FUTURE 100 · sector 27
PAST 0 · sector 35
HEALTH 73 · sector 96
DIVIDEND 39 · 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 Travel Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Booking Holdings BKNG $212.26 $152.94 -28%
Airbnb, Inc ABNB $180.10 $85.66 -52%
Royal Caribbean Cruises Ltd RCL $307.15 $215.19 -30%
Viking Holdings VIK $104.19 $43.68 -58%
Carnival Corporation CCL $27.67 $31.36 +13%
Expedia Group EXPE $325.57 $248.63 -24%
Trip.com Group TCOM $45.58 $89.04 +95%
Norwegian Cruise Line Holdings NCLH $18.92 $20.28 +7%
Global Business Travel Group GBTG $9.44 $5.04 -47%
Travel + Leisure Co TNL $74.68 $26.57 -64%

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Frequently asked questions

Is Success Universe Group (0487) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0608 versus a price of HK$0.0410, about +48% (undervalued).
What is the fair value of 0487?
Our model-based fair value for Success Universe Group is HK$0.0608 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0410.
What is the quality score of 0487?
Success Universe Group has a Quality Score of 38/100. 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 Success Universe Group (0487)?
Success Universe Group reported trailing-twelve-month revenue of about HK$59.7M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0487?
The net profit margin of Success Universe Group is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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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