EN DE

Kingdom Holdings (0528) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$703M

KH Kingdom Holdings 0528 · HK
PriceHK$1.16
Fair ValueHK$2.59
Upside+123.3%
Quality70/100
Watch Kingdom Holdings for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 2.3% net margin
Low debt · generates free cash flow
Ranks above peers (12/14)
Narrow moat 36/100
Evidence: High Range HK$1.94 – HK$3.24 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$2.58 to HK$2.59 (+0.4%) since Aug 2, 2026. Share price +12.6% over the past month.

A solid business, screening 123% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (HK$1.94). The market is more pessimistic than our downside scenario.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$1.46 HK$0.8043 Fair Value HK$2.59 Oct 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$0.8043 – HK$1.46 · fair‑value band HK$1.94 – HK$3.24 · the HK$1.16 price screens below the HK$2.59 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

Kingdom Holdings (0528) currently trades at HK$1.16, while our model-based Fair Value estimate is HK$2.59, implying the stock looks roughly 123.3% undervalued today. The Quality Score stands at 70/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, Kingdom Holdings generated revenue of HK$2.7B at a net margin of 2.3%. Revenue declined 2.4% year over year. It earns a return on equity of 4.1%. Net debt stands at HK$157M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$1.94 (bear case) to HK$3.24 (bull case); at HK$1.16, 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 11% below its 52-week high and 25% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -7% fair-value upside, at 123%, 0528 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$11.99 HK$18.55 HK$27.95 80
Residual Income HK$1.65 HK$1.61 HK$1.38 76
Rev-Margin DCF HK$6.23 HK$8.33 HK$11.08 74
All 26 models by family
DCF Models
FCF DCF HK$12.16 HK$19.63 HK$31.03 38
Owner Earnings HK$2.87 HK$4.17 HK$6.15 31
5Y Revenue Exit HK$6.23 HK$8.19 HK$10.52 39
5Y EBITDA Exit HK$6.96 HK$9.70 HK$12.88 41
5Y P/E Exit HK$6.05 HK$7.82 HK$9.65 38
10Y Revenue Exit HK$8.36 HK$10.89 HK$14.21 36
10Y EBITDA Exit HK$8.85 HK$11.90 HK$16.01 37
10Y P/E Exit HK$8.30 HK$10.64 HK$13.54 35
Earnings-Based
Graham-Dodd HK$0.6900 HK$3.18 HK$4.37 54
Lynch FV HK$0.8400 HK$1.20 HK$1.55 50
PEG = 1.0 HK$0.8400 HK$1.20 HK$1.55 46
EPV HK$2.22 HK$2.40 HK$2.55 59
Dividend Discount
Gordon GGM HK$0.3200 HK$0.5800 HK$0.8000 70
DDM Multi-Stage HK$0.3200 HK$0.5300 HK$0.6200 61
Multiples
P/E Multiple HK$1.67 HK$2.23 HK$2.78 63
P/S Multiple HK$1.29 HK$1.72 HK$2.15 58
P/B Multiple HK$1.29 HK$1.72 HK$2.15 55
EV/EBIT HK$3.66 HK$4.57 HK$5.48 53
EV/EBITDA HK$4.18 HK$5.26 HK$6.35 54
EV/Revenue HK$2.76 HK$3.56 HK$4.35 43
Asset-Based
NCAV (Graham) HK$1.16 HK$1.55 HK$2.32 50
Growth DCF
Growth DCF HK$11.99 HK$18.55 HK$27.95 80
Rev-Margin DCF HK$6.23 HK$8.33 HK$11.08 74
Economic Profit
Residual Income HK$1.65 HK$1.61 HK$1.38 76
ROIC Compounder HK$2.22 HK$2.47 HK$2.84 72
Growth Earnings
Growth-Adj P/E HK$1.37 HK$1.96 HK$2.55 68

Widest divergence: DCF Models (HK$9.70) versus Dividend Discount (HK$0.5300). Highest evidence: Growth DCF (80).

Notify me when 0528 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) HK$2.7B
Revenue growth (YoY) -2.4%
Net margin 2.3%
Return on equity 4.1%
Free cash flow HK$656M FY2025
P/E ratio 9.5 as of Jul 2, 2026
More key figures
Operating margin 17.5%
EPS (TTM) HK$-0.1900
EPS growth (YoY) +9.5%
Net debt HK$157M FY2025

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

Quality Score breakdown

Overall quality 70/100

Of which business quality 69 · Market factors (momentum, volatility) 51

Profitability 31
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 96
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 47
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

Kingdom Holdings Limited, an investment holding company, engages in the manufacture and sale of linen yarns in Mainland China, the European Union, and internationally. It provides classic and semi- wet spun yarn, REEL, and organic linen yarns; and classic and semi-wet spun and organic hemp yarns.

Full company description

Kingdom Holdings Limited, an investment holding company, engages in the manufacture and sale of linen yarns in Mainland China, the European Union, and internationally. It provides classic and semi- wet spun yarn, REEL, and organic linen yarns; and classic and semi-wet spun and organic hemp yarns. The company also engages in trading activities; sale of industrial hemp; research and development, and sale of hemp seeds; and manufacture and sale of fabrics. Kingdom Holdings Limited was founded in 1978 and is headquartered in Jiaxing, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kingdom Holdings reported revenue of HK$2.7B in FY2025 versus HK$1.8B in FY2021, a compound +10.4%/yr. Reported net income was HK$62.4M in FY2025, compounding −8.3%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
HK$2.7B
Latest YoY
+4.1%
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.
+9.8%
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.
+20.4%
Avg. growth/yr (20Y) ⓘ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.
+9.3%
Revenue +10.4%/yr
FY21 HK$1.8B
FY22 HK$2.0B
FY23 HK$2.4B
FY24 HK$2.6B
FY25 HK$2.7B
Net income −8.3%/yr
FY21 HK$88.2M
FY22 HK$176M
FY23 HK$164M
FY24 −HK$45.4M
FY25 HK$62.4M
Character of growth · EPS growth decomposed (2014-2025) +1.7 % p.a.
Revenue per share +12.2 pp

of which total revenue +11.9 pp · buybacks/dilution +0.3 pp

EBIT margin −6.3 pp
Tax rate −0.1 pp
Residual (interest, one-offs) −4.0 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch 0528: get an alert when its fair value changes →

Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Kingdom Holdings · Fair Value
HK$2.59 +123%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Kingdom Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0528

Peer Group

Textile Manufacturing · 318 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 70 · Top 25%
Fair Value upside +123% · Top 25%
Return on equity (TTM) 4% · Above median
Return on assets 3% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 18% · Top 25%
Revenue growth -2% · Below median
Dividend yield (TTM) 3.6% · Above median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 9.5× · Cheaper than 75% of peers
P/B 0.49× · Cheaper than 75% of peers
P/S (TTM) 0.26× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 0.6× · 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 9
FUTURE 0 · sector 0
PAST 17 · sector 15
HEALTH 98 · sector 95
DIVIDEND 73 · sector 35

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

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$42.10 HK$68.24 +62%
Tongkun Group 601233 ¥22.67 ¥14.53 -36%
Inner Mongolia ERDOS Resources Co 600295 ¥12.79 ¥14.35 +12%
Far Eastern New Century Corporation 1402 27.55 TWD 25.64 TWD -7%
K.P.R. Mill Limited KPRMILL ₹1,089 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥71.55 ¥11.85 -83%
Vardhman Textiles Limited VTL ₹591.90 ₹437.53 -26%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 324.31 TRY +86%
Ruentex Industries Ltd 2915 54.10 TWD 133.24 TWD +146%
Welspun Living Limited WELSPUNLIV ₹165.23 ₹47.77 -71%

Compare Kingdom Holdings with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Kingdom Holdings (0528) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$2.59 versus a price of HK$1.16, about +123% (undervalued).
What is the fair value of 0528?
Our model-based fair value for Kingdom Holdings is HK$2.59 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$1.16.
What is the quality score of 0528?
Kingdom Holdings has a Quality Score of 70/100. 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 Kingdom Holdings (0528)?
Kingdom Holdings reported trailing-twelve-month revenue of about HK$2.7B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0528?
The net profit margin of Kingdom Holdings is about 2.3%, meaning it keeps roughly 2.3% 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.

14 days Pro free · no card

Track Kingdom Holdings and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.