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Imagi International Holdings (0585) Fair Value & Analysis

Financial Services · HK · Market cap HK$5.7B

II Imagi International Holdings 0585 · HK
PriceHK$5.71
Fair ValueHK$0.7500
Upside-86.9%
Quality64/100
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Weak Growth
Loss-making · -12.8% net margin
Low debt · generates free cash flow
Trails peers (5/13)
Narrow moat 11/100
Evidence: Low Range HK$0.5700 – HK$0.9400 Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated today

Fair value updated Aug 13, 2026, revised from HK$0.1500 to HK$0.7500 (+400.0%) since Aug 7, 2026. Share price −4.9% over the past month.

A solid business, but screening 87% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.9400). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

HK$8.28 HK$0.2800 Fair Value HK$0.7500 May 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$0.2800 – HK$8.28 · fair‑value band HK$0.5700 – HK$0.9400 · the HK$5.71 price screens above the HK$0.7500 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Imagi International Holdings (0585) currently trades at HK$5.71, while our model-based Fair Value estimate is HK$0.7500, implying the stock looks roughly 86.9% overvalued today. The Quality Score stands at 64/100 (solid quality), in the Financial Services 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: low).

Over the trailing twelve months, Imagi International Holdings generated revenue of HK$35.8M at a net margin of -12.8%. Revenue grew 45.6% year over year. It earns a return on equity of -1.1%. The balance sheet holds a net cash position of HK$39.3M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.5700 (bear case) to HK$0.9400 (bull case); at HK$5.71, 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 32% below its 52-week high. For context, the median of 10 Financial Services peers we cover trades at -27% fair-value upside, at -87%, 0585 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
P/B Multiple HK$0.5700 HK$0.7600 HK$0.9500 55
NCAV (Graham) HK$0.4500 HK$0.6000 HK$0.8900 50
All 2 models by family
Multiples
P/B Multiple HK$0.5700 HK$0.7600 HK$0.9500 55
Asset-Based
NCAV (Graham) HK$0.4500 HK$0.6000 HK$0.8900 50

Widest divergence: Multiples (HK$0.7600) versus Asset-Based (HK$0.6000). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) HK$35.8M
Revenue growth (YoY) +45.6%
Net margin -12.8%
Return on equity -1.1%
Free cash flow HK$43.1M FY2025
Operating margin -54.9%
More key figures
EPS (TTM) HK$0.0100
EPS growth (YoY) -75.6%
Net cash HK$39.3M FY2025

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

Quality Score breakdown

Overall quality 64/100

Of which business quality 65 · Market factors (momentum, volatility) 81

Profitability 7
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 83
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

Imagi International Holdings Limited, an investment holding company, engages in the financial services, computer graphic imaging (CGI), and entertainment businesses in Hong Kong. It operates through Securities Brokerage and Asset Management, Provision of Finance, Trading of Securities, and Entertainment segments.

Full company description

Imagi International Holdings Limited, an investment holding company, engages in the financial services, computer graphic imaging (CGI), and entertainment businesses in Hong Kong. It operates through Securities Brokerage and Asset Management, Provision of Finance, Trading of Securities, and Entertainment segments. The Securities Brokerage and Related Financial Services segment offers a range of securities brokerage and related services, including dealing in securities and future contracts, advising on corporate finance and future contracts, and asset management services. The Provision of Finance segment conducts money lending activities. The Trading of Securities segment invests in listed and unlisted securities and proprietary trading activities. The Entertainment segment is involved in CGI and film production related businesses and investments. It also holds and licenses intellectual property rights of CGI animation pictures; provision of film distribution license rights; and artiste management services. Imagi International Holdings Limited was incorporated in 1997 is headquartered in North Point, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Imagi International Holdings reported revenue of HK$29.4M in FY2025 versus HK$46.8M in FY2021, a compound −11.0%/yr. Reported net income was −HK$4.6M in FY2025.

Growth Quality 13/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$29.4M
Latest YoY
−25.7%
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.
−20.7%
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.
−35.4%
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.
−11.9%
Revenue −11.0%/yr
FY21 HK$46.8M
FY22 HK$58.9M
FY23 HK$50.7M
FY24 HK$39.6M
FY25 HK$29.4M
Net income
FY21 −HK$33.7M
FY22 −HK$11.0M
FY23 −HK$12.8M
FY24 −HK$18.7M
FY25 −HK$4.6M

0585 screens 87% overvalued. Compare with ORIX Corporation →

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Cite: Fair Value Calculator (2026). "Imagi International Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0585

Peer Group

Financial Conglomerates · 55 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 62 · Top 25%
Fair Value upside −87% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -13% · Bottom 25%
Operating margin (TTM) -55% · Bottom 25%
Revenue growth 46% · Top 25%

Valuation Multiples vs Financial Conglomerates median · lower = cheaper

P/B 0.98× · Cheaper than median
P/S (TTM) 20.43× · Pricier than 75% of peers
P/FCF 16.9× · Pricier than 75% of peers
EV/EBITDA 18.6× · Pricier than 75% of peers
PEG 0.40× · 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 0 · sector 9
FUTURE 100 · sector 38
PAST 0 · sector 30
HEALTH 100 · sector 84
DIVIDEND 0 · sector 46

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

Stock Price Fair Value vs Fair Value
ORIX Corporation IX $40.58 $35.47 -13%
Bajaj Finserv Ltd BAJAJFINSV ₹2,009 ₹796.96 -60%
China Galaxy Securities Co 601881 ¥12.36 ¥11.34 -8%
Guosen Securities Co 002736 ¥10.12 ¥10.84 +7%
CNPC Capital Company 000617 ¥6.96 ¥6.99 +0%
Aditya Birla Capital Limited ABCAPITAL ₹410.95 ₹119.98 -71%
Freedom Holding FRHC $151.33 $31.31 -79%
Voya Financial, Inc VOYA $99.49 $62.37 -37%
Guangzhou Yuexiu Capital Holdings 000987 ¥7.72 ¥5.63 -27%
Bicecorp S.A BICE 402.36 CLP 261.70 CLP -35%

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Frequently asked questions

Is Imagi International Holdings (0585) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.7500 versus a price of HK$5.71, about −87% (overvalued).
What is the fair value of 0585?
Our model-based fair value for Imagi International Holdings is HK$0.7500 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$5.71.
What is the quality score of 0585?
Imagi International Holdings has a Quality Score of 64/100. 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 Imagi International Holdings (0585)?
Imagi International Holdings reported trailing-twelve-month revenue of about HK$35.8M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0585?
The net profit margin of Imagi International Holdings is about -12.8%, 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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