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Goldlion Holdings (0533) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$876M

GH Goldlion Holdings 0533 · HK
PriceHK$0.8900
Fair ValueHK$0.4400
Upside-50.6%
Quality54/100
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Weak Growth
Loss-making · -3.7% net margin
generates free cash flow
2.78% dividend yield
Trails peers (3/10)
Narrow moat 13/100
Evidence: Medium Range HK$0.4300 – HK$0.4500 Share as image

Fair value as of: Aug 13, 2026

From 10 valuation models · updated 2 days ago

Share price −2.2% over the past month.

A solid business, but screening 51% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.4500). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
  • The models converge in a tight band (HK$0.4300 to HK$0.4500), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

HK$1.45 HK$0.8090 Fair Value HK$0.4400 Aug 2020 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$0.8090 – HK$1.45 · fair‑value band HK$0.4300 – HK$0.4500 · the HK$0.8900 price screens above the HK$0.4400 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Goldlion Holdings (0533) currently trades at HK$0.8900, while our model-based Fair Value estimate is HK$0.4400, implying the stock looks roughly 50.6% overvalued today. The Quality Score stands at 54/100 (solid 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, Goldlion Holdings generated revenue of HK$1.1B at a net margin of -3.7%. Revenue declined 4.6% year over year. It earns a return on equity of -0.9%. The balance sheet holds a net cash position of HK$394M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.4300 (bear case) to HK$0.4500 (bull case); at HK$0.8900, the current price sits above 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 21% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 27% fair-value upside, at -51%, 0533 screens richer 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$1.91 HK$2.31 HK$2.93 72
Rev-Margin DCF HK$1.56 HK$1.98 HK$2.52 67
EV/EBITDA HK$0.5000 HK$0.5100 HK$0.5200 54
All 10 models by family
DCF Models
FCF DCF HK$1.86 HK$2.29 HK$2.99 38
5Y Revenue Exit HK$1.56 HK$1.95 HK$2.51 39
5Y EBITDA Exit HK$1.10 HK$1.15 HK$1.22 41
10Y Revenue Exit HK$1.66 HK$1.95 HK$2.24 36
10Y EBITDA Exit HK$1.43 HK$1.49 HK$1.55 37
Multiples
EV/EBITDA HK$0.5000 HK$0.5100 HK$0.5200 54
EV/Revenue HK$1.40 HK$1.79 HK$2.19 43
Asset-Based
NCAV (Graham) HK$2.28 HK$3.06 HK$4.56 50
Growth DCF
Growth DCF HK$1.91 HK$2.31 HK$2.93 72
Rev-Margin DCF HK$1.56 HK$1.98 HK$2.52 67

Widest divergence: Asset-Based (HK$3.06) versus Multiples (HK$0.5100). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) HK$1.1B
Revenue growth (YoY) -4.6%
Net margin -3.7%
Return on equity -0.9%
Free cash flow HK$167M FY2025
Operating margin 4.1%
More key figures
Dividend yield 2.8%
EPS growth (YoY) -6.7%
Net cash HK$394M 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 56 · Market factors (momentum, volatility) 44

Profitability 11
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 83
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

Goldlion Holdings Limited, an investment holding company, manufactures and distributes apparel in the People's Republic of China, Hong Kong SAR, and Singapore. It operates through three segments: Apparel in China Mainland and Hong Kong SAR, Apparel in Singapore, and Property Investment and Development.

Full company description

Goldlion Holdings Limited, an investment holding company, manufactures and distributes apparel in the People's Republic of China, Hong Kong SAR, and Singapore. It operates through three segments: Apparel in China Mainland and Hong Kong SAR, Apparel in Singapore, and Property Investment and Development. The company offers garments, leather goods, and accessories, as well as licenses its brand name; invests, develops, and manages properties. It also engages in photovoltaic business. The company offers its products through distributors, self-operated retail shops, and factory outlets, as well as through e-commerce and custom ordering. Goldlion Holdings Limited was founded in 1968 and is based in Sha Tin, Hong Kong. Goldlion Holdings Limited operates as a subsidiary of Top Grade Healthcare Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Goldlion Holdings reported revenue of HK$1.1B in FY2025 versus HK$1.4B in FY2021, a compound −5.9%/yr. Reported net income was −HK$39.2M in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$1.1B
Latest YoY
−11.9%
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.
−8.8%
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.
−2.8%
Avg. growth/yr (25Y) 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.
+3.7%
Revenue −5.9%/yr
FY21 HK$1.4B
FY22 HK$1.4B
FY23 HK$1.3B
FY24 HK$1.2B
FY25 HK$1.1B
Net income
FY21 HK$221M
FY22 HK$154M
FY23 HK$116M
FY24 HK$93.1M
FY25 −HK$39.2M
Character of growth · EPS growth decomposed (2014-2025) −14.6 % p.a.
Revenue per share −1.9 pp

of which total revenue −2.0 pp · buybacks/dilution +0.1 pp

EBIT margin −15.9 pp
Tax rate +1.3 pp
Residual (interest, one-offs) +1.8 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).

0533 screens 51% overvalued. Compare with H & M Hennes & Mauritz AB →

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Cite: Fair Value Calculator (2026). "Goldlion Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0533

Peer Group

Apparel Manufacturing · 213 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 · Below median
Fair Value upside −51% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) 4% · Below median
Revenue growth -5% · Below median
Dividend yield (TTM) 2.8% · Above median

Valuation Multiples vs Apparel Manufacturing median · lower = cheaper

P/S (TTM) 0.10× · Cheaper than 75% of peers
P/FCF 0.7× · 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 0 · sector 32
FUTURE 0 · sector 5
PAST 0 · sector 21
HEALTH 0 · sector 98
DIVIDEND 56 · sector 55

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HMB kr 174.25 kr 165.47 -5%
LPP SA LPP 22,220 PLN 17,754 PLN -20%
Bosideng International Holdings 3998 HK$4.65 HK$5.92 +27%
Youngor Fashion Co 600177 ¥7.78 ¥5.59 -28%
Page Industries Limited PAGEIND ₹38,295 ₹12,395 -68%
Hla Group 600398 ¥6.07 ¥9.92 +63%
Youngone Corporation 111770 85,200 KRW 188,736 KRW +122%
F&F Co 383220 68,800 KRW 179,500 KRW +161%
Youngone Holdings 009970 188,300 KRW 697,038 KRW +270%
Wiselink Co 8932 105.00 TWD 37.95 TWD -64%

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Frequently asked questions

Is Goldlion Holdings (0533) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.4400 versus a price of HK$0.8900, about −51% (overvalued).
What is the fair value of 0533?
Our model-based fair value for Goldlion Holdings is HK$0.4400 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.8900.
What is the quality score of 0533?
Goldlion Holdings 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 Goldlion Holdings (0533)?
Goldlion Holdings reported trailing-twelve-month revenue of about HK$1.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0533?
The net profit margin of Goldlion Holdings is about -3.7%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Goldlion Holdings pay a dividend?
Goldlion Holdings currently shows a dividend yield of about 2.78% 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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