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China High Precision Automation Group (0591) Fair Value & Analysis

Technology · HK · Market cap HK$244M

CH China High Precision Automation Group 0591 · HK
PriceHK$0.2550
Fair ValueHK$0.5100
Upside+100.0%
Quality74/100
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Healthy Growth
Thin margins · 3.3% net margin
Low debt · generates free cash flow
Ranks above peers (8/12)
Narrow moat 21/100
Evidence: High Range HK$0.3800 – HK$0.6400 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$0.3600 to HK$0.5100 (+41.7%) since Aug 2, 2026. Share price −7.3% over the past month.

A solid business, screening 100% undervalued on our models.

What matters now

  • The rarer combination: high quality (74/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (HK$0.3800). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

HK$1.22 HK$0.1030 Fair Value HK$0.5100 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$0.1030 – HK$1.22 · fair‑value band HK$0.3800 – HK$0.6400 · the HK$0.2550 price screens below the HK$0.5100 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

China High Precision Automation Group (0591) currently trades at HK$0.2550, while our model-based Fair Value estimate is HK$0.5100, implying the stock looks roughly 100.0% undervalued today. The Quality Score stands at 74/100 (solid quality), in the Technology 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, China High Precision Automation Group generated revenue of HK$163M at a net margin of 3.3%. Revenue declined 26.5% year over year. It earns a return on equity of 0.3%. The balance sheet holds a net cash position of HK$1.6B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.3800 (bear case) to HK$0.6400 (bull case); at HK$0.2550, 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 50% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -46% fair-value upside, at 100%, 0591 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$1.80 HK$1.87 HK$1.96 80
Residual Income HK$1.12 HK$1.02 HK$0.6400 76
Rev-Margin DCF HK$1.73 HK$1.80 HK$1.89 74
All 24 models by family
DCF Models
FCF DCF HK$1.80 HK$1.86 HK$1.97 38
Owner Earnings HK$1.83 HK$1.91 HK$2.04 31
5Y Revenue Exit HK$1.73 HK$1.80 HK$1.89 39
5Y EBITDA Exit HK$1.92 HK$2.11 HK$2.37 41
5Y P/E Exit HK$1.83 HK$1.96 HK$2.12 38
10Y Revenue Exit HK$1.76 HK$1.80 HK$1.85 36
10Y EBITDA Exit HK$1.86 HK$1.97 HK$2.09 37
10Y P/E Exit HK$1.81 HK$1.89 HK$1.97 35
Earnings-Based
Graham-Dodd HK$0.1200 HK$0.1500 HK$0.1700 54
EPV HK$1.64 HK$1.66 HK$1.67 59
Dividend Discount
Gordon GGM HK$0.1100 HK$0.1200 HK$0.1300 70
DDM Multi-Stage HK$0.1100 HK$0.1300 HK$0.1500 61
Multiples
P/E Multiple HK$0.3800 HK$0.5100 HK$0.6400 63
P/S Multiple HK$0.2300 HK$0.3100 HK$0.3900 58
P/B Multiple HK$0.2300 HK$0.3100 HK$0.3900 55
EV/EBIT HK$1.84 HK$1.94 HK$2.04 53
EV/EBITDA HK$2.10 HK$2.29 HK$2.48 54
EV/Revenue HK$1.69 HK$1.75 HK$1.82 43
Asset-Based
NCAV (Graham) HK$0.9000 HK$1.21 HK$1.80 50
Growth DCF
Growth DCF HK$1.80 HK$1.87 HK$1.96 80
Rev-Margin DCF HK$1.73 HK$1.80 HK$1.89 74
Economic Profit
Residual Income HK$1.12 HK$1.02 HK$0.6400 76
ROIC Compounder HK$1.64 HK$1.66 HK$1.67 72
Growth Earnings
Growth-Adj P/E HK$0.2700 HK$0.3800 HK$0.5000 68

Widest divergence: DCF Models (HK$1.89) versus Dividend Discount (HK$0.1200). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$163M
Revenue growth (YoY) -26.5%
Net margin 3.3%
Return on equity 0.3%
Free cash flow HK$37.6M FY2025
P/E ratio 23.5 as of Jul 2, 2026
More key figures
Operating margin 6.1%
EPS growth (YoY) -76.0%
Net cash HK$1.6B FY2025

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

Quality Score breakdown

Overall quality 74/100

Of which business quality 75 · Market factors (momentum, volatility) 29

Profitability 19
Margins and returns on capital today
Quality Growth 88
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 81
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

China High Precision Automation Group Limited, an investment holding company, manufactures and sells high precision industrial automation instrument and technology products in the People's Republic of China and internationally. It operates through two segments, Automation Instrument and Technology Products, and Horological Instruments.

Full company description

China High Precision Automation Group Limited, an investment holding company, manufactures and sells high precision industrial automation instrument and technology products in the People's Republic of China and internationally. It operates through two segments, Automation Instrument and Technology Products, and Horological Instruments. The company is involved in the manufacturing and selling of intelligent display instruments, flow accumulate instruments, pressure transmitters, and logging control instruments, as well as multi-functional all-plastic quartz watch movements; and provision of consigned processing services. It also offers temperature transmitter; instrument valves and tube fittings; and flowmeter. China High Precision Automation Group Limited was founded in 1991 and is headquartered in Wan Chai, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China High Precision Automation Group reported revenue of HK$209M in FY2025 versus HK$128M in FY2021, a compound +13.0%/yr. Reported net income was HK$18.8M in FY2025.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
HK$209M
Latest YoY
+50.1%
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.
+14.7%
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.
+16.1%
Avg. growth/yr (18Y) 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.
−4.5%
Revenue +13.0%/yr
FY21 HK$128M
FY22 HK$138M
FY23 HK$142M
FY24 HK$139M
FY25 HK$209M
Net income
FY21 −HK$25.9M
FY22 −HK$35.9M
FY23 −HK$22.7M
FY24 −HK$32.7M
FY25 HK$18.8M

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Cite: Fair Value Calculator (2026). "China High Precision Automation Group Fair Value". https://www.fairvalue-calculator.com/stock/0591

Peer Group

Scientific & Technical Instruments · 168 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 74 · Top 25%
Fair Value upside +100% · Top 25%
Return on equity (TTM) 0% · Below median
Return on assets 0% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 6% · Above median
Revenue growth -27% · Bottom 25%
Dividend yield (TTM) 7.0% · Top 25%
Debt / equity 0.00× · Lower than median

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/E (TTM) 23.5× · Cheaper than median
P/S (TTM) 0.19× · Cheaper than 75% of peers
P/FCF 0.8× · 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 0
FUTURE 0 · sector 26
PAST 1 · sector 23
HEALTH 100 · sector 98
DIVIDEND 100 · sector 20

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.

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10 more Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Frequently asked questions

Is China High Precision Automation Group (0591) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.5100 versus a price of HK$0.2550, about +100% (undervalued).
What is the fair value of 0591?
Our model-based fair value for China High Precision Automation Group is HK$0.5100 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.2550.
What is the quality score of 0591?
China High Precision Automation Group has a Quality Score of 74/100. 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 China High Precision Automation Group (0591)?
China High Precision Automation Group reported trailing-twelve-month revenue of about HK$163M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0591?
The net profit margin of China High Precision Automation Group is about 3.3%, meaning it keeps roughly 3.3% 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.

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