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Xiabuxiabu Catering Management (China) Holdings (0520) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$289M

XC Xiabuxiabu Catering Management (China) Holdings 0520 · HK
PriceHK$0.2800
Fair ValueHK$0.2723
Upside-2.8%
Quality44/100
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Weak Growth
Loss-making · -7.9% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/12)
Narrow moat 0/100
Evidence: Medium Range HK$0.1925 – HK$0.3718 Share as image

Fair value as of: Aug 13, 2026

From 13 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$0.2713 to HK$0.2723 (+0.4%) since Aug 2, 2026. Share price +5.7% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (HK$0.1925 to HK$0.3718) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$17.20 HK$0.2350 Fair Value HK$0.2723 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$0.2350 – HK$17.20 · fair‑value band HK$0.1925 – HK$0.3718 · the HK$0.2800 price screens above the HK$0.2723 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Xiabuxiabu Catering Management (China) Holdings (0520) currently trades at HK$0.2800, while our model-based Fair Value estimate is HK$0.2723, implying the stock looks roughly 2.8% fairly valued today. The Quality Score stands at 44/100 (below-average 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: medium).

Over the trailing twelve months, Xiabuxiabu Catering Management (China) Holdings generated revenue of HK$3.8B at a net margin of -7.9%. Revenue declined 21.7% year over year. It earns a return on equity of -45.4%. Net debt stands at HK$637M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.1925 (bear case) to HK$0.3718 (bull case); at HK$0.2800, the current price sits within 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 74% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -51% fair-value upside, at -3%, 0520 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$1.95 HK$2.44 HK$3.00 80
Rev-Margin DCF HK$1.98 HK$2.82 HK$3.76 74
Gordon GGM HK$0.2000 HK$0.3300 HK$0.4300 70
All 13 models by family
DCF Models
FCF DCF HK$1.95 HK$2.50 HK$3.18 38
Owner Earnings HK$1.58 HK$2.01 HK$2.52 31
5Y Revenue Exit HK$1.98 HK$2.80 HK$3.83 39
5Y EBITDA Exit HK$2.81 HK$4.33 HK$6.09 41
10Y Revenue Exit HK$1.91 HK$2.58 HK$3.44 36
10Y EBITDA Exit HK$2.40 HK$3.48 HK$4.89 37
Dividend Discount
Gordon GGM HK$0.2000 HK$0.3300 HK$0.4300 70
DDM Multi-Stage HK$0.2000 HK$0.2900 HK$0.3600 61
Multiples
EV/EBITDA HK$3.92 HK$5.08 HK$6.24 54
EV/Revenue HK$2.11 HK$2.83 HK$3.55 43
Asset-Based
NCAV (Graham) HK$0.2200 HK$0.3000 HK$0.4400 50
Growth DCF
Growth DCF HK$1.95 HK$2.44 HK$3.00 80
Rev-Margin DCF HK$1.98 HK$2.82 HK$3.76 74

Widest divergence: Multiples (HK$2.83) versus Dividend Discount (HK$0.2900). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$3.8B
Revenue growth (YoY) -21.7%
Net margin -7.9%
Return on equity -45.4%
Free cash flow HK$194M FY2025
Operating margin -9.3%
More key figures
EPS (TTM) HK$-0.0800
EPS growth (YoY) +105%
Net debt HK$637M FY2025

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

Quality Score breakdown

Overall quality 44/100

Of which business quality 44 · Market factors (momentum, volatility) 18

Profitability 27
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 77
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

Xiabuxiabu Catering Management (China) Holdings Co., Ltd., an investment holding company, operates Chinese hotpot restaurants in the People's Republic of China and internationally. The company owns and operates restaurants under the Xiabuxiabu brand name, and restaurants under the Coucou brand name.

Full company description

Xiabuxiabu Catering Management (China) Holdings Co., Ltd., an investment holding company, operates Chinese hotpot restaurants in the People's Republic of China and internationally. The company owns and operates restaurants under the Xiabuxiabu brand name, and restaurants under the Coucou brand name. It also provides catering services; and sells condiment products and other goods. In addition, the company engages in the slaughtering, processing, cold storage, and sale of raw materials; and construction business. Xiabuxiabu Catering Management (China) Holdings Co., Ltd. was founded in 1998 and is headquartered in Beijing, the People's Republic of China. Xiabuxiabu Catering Management (China) Holdings Co., Ltd. operates as a subsidiary of Ying Qi Investments Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Xiabuxiabu Catering Management (China) Holdings reported revenue of HK$3.7B in FY2025 versus HK$6.2B in FY2021, a compound −12.0%/yr. Reported net income was −HK$293M in FY2025.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$3.7B
Latest YoY
−22.4%
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.
−8.0%
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.
−7.6%
Avg. growth/yr (14Y) 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.
+9.8%
Revenue −12.0%/yr
FY21 HK$6.2B
FY22 HK$4.7B
FY23 HK$5.9B
FY24 HK$4.8B
FY25 HK$3.7B
Net income
FY21 −HK$293M
FY22 −HK$353M
FY23 −HK$199M
FY24 −HK$401M
FY25 −HK$293M

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Cite: Fair Value Calculator (2026). "Xiabuxiabu Catering Management (China) Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0520

Peer Group

Restaurants · 226 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 44 · Below median
Fair Value upside −4% · Above median
Return on assets -4% · Bottom 25%
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -9% · Bottom 25%
Revenue growth -22% · Bottom 25%
Dividend yield (TTM) 10.3% · Top 25%

Valuation Multiples vs Restaurants median · lower = cheaper

P/B 0.08× · Cheaper than 75% of peers
P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 0.2× · 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 29 · sector 22
FUTURE 0 · sector 19
PAST 0 · sector 16
HEALTH 100 · sector 97
DIVIDEND 100 · sector 71

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

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCDS C$24.01 C$10.84 -55%
Starbucks Corporation SBUX $108.49 $35.83 -67%
Chipotle Mexican Grill, Inc CMG $32.00 $17.92 -44%
Yum! Brands, Inc YUM $150.34 $58.17 -61%
Restaurant Brands International Inc QSR C$104.50 C$36.37 -65%
Darden Restaurants, Inc DRI $218.90 $173.68 -21%
Yum China Holdings YUMC $47.90 $54.27 +13%
Texas Roadhouse, Inc TXRH $214.28 $104.89 -51%
Dutch Bros Inc BROS $51.02 $12.80 -75%
Domino's Pizza, Inc DPZ $353.72 $227.31 -36%

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Frequently asked questions

Is Xiabuxiabu Catering Management (China) Holdings (0520) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.2723 versus a price of HK$0.2800, about −3% (fairly valued).
What is the fair value of 0520?
Our model-based fair value for Xiabuxiabu Catering Management (China) Holdings is HK$0.2723 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.2800.
What is the quality score of 0520?
Xiabuxiabu Catering Management (China) Holdings has a Quality Score of 44/100. 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 Xiabuxiabu Catering Management (China) Holdings (0520)?
Xiabuxiabu Catering Management (China) Holdings reported trailing-twelve-month revenue of about HK$3.8B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0520?
The net profit margin of Xiabuxiabu Catering Management (China) Holdings is about -7.9%, meaning it is currently running at a net loss. 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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