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Data-driven stock valuation

Fullshare Holdings Ltd (0607) fair value: what the stock is really worth

We calculate from audited financials what Fullshare Holdings Ltd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.

  1. Compare price with fair valuebelow fair value = cheap, above = expensive
  2. Check the quality50 and up solid, 75 and up strong
  3. Watch it or check another stockalert when fair value or trend changes

Industrials · HK · Market cap HK$267M (≈ $34.1M) · ISIN KYG3690U1058

At a glance

FH Fullshare Holdings Ltd 0607 · HK
PriceHK$0.3300
Fair ValueHK$0.2649
Upside−19.7%
Quality45/100

Below-average quality, and trading another 25% above our fair value of HK$0.2649.

As of Sep 7, 2026, the fair value of Fullshare Holdings Ltd is HK$0.2649 per share against a price of HK$0.3300, so the fair value sits 20% below the price. A model estimate from reported figures, not an analyst target.

!Weak Growth (revenue 5y +4.2 %/yr)
!Loss-making · -0.5% net margin
Moderate debt · generates free cash flow
!Mixed vs. peers (4/9)
!Narrow moat 30/100
!Evidence only low, so the estimate is less certain
!Weak on valuation: 5 out of 100
!Weak on past: 18 out of 100
Evidence: Low Range HK$0.1921 to HK$0.3378

Fair value as of: Sep 7, 2026

From 15 valuation models · updated today

Fair value updated Sep 7, 2026, revised from HK$45.19 to HK$0.2649 (−99.4%) since Aug 13, 2026. Share price −22.4% over the past month.

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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

HK$12.75 HK$0.1480 Fair Value HK$0.2649 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 7, 2026.

How to read this chart

60‑month range HK$0.1480 – HK$12.75 · fair‑value band HK$0.1921 – HK$0.3378 · the HK$0.3300 price screens above the HK$0.2649 fair value. Dashed = 300-day average. As of Sep 7, 2026.

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Analysis

Fullshare Holdings Ltd (0607) currently trades at HK$0.3300, while our model-based Fair Value estimate is HK$0.2649, implying the stock looks roughly 24.6% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of HK$0.3475 per share, and 3 of the 15 models we run sit above the HK$0.3300 price. Bear case: the Asset-Based group reads lowest at HK$0.0434, and 12 of the 15 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Fullshare Holdings Ltd generated revenue of HK$20.4B at a net margin of −0.5%. Revenue declined 19.0% year over year. It earns a return on equity of 4.4%. Net debt stands at HK$2.9B. Fundamentals as of Sep 7, 2026

Scenario range: HK$0.1921 (bear) to HK$0.3378 (bull), the price of HK$0.3300 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. For context, the median of 10 Industrials peers we cover trades at −49% fair-value upside, at −20%, 0607 screens cheaper than that median.

Fair Value models

Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →

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
FCF DCF HK$0.2161 HK$0.2888 HK$0.5010 74
EPV HK$0.1121 HK$0.1214 HK$0.1288 74
Growth DCF HK$0.2047 HK$0.3088 HK$0.4716 73
All 15 models by family
DCF Models
FCF DCF HK$0.2161 HK$0.2888 HK$0.5010 74
5Y Revenue Exit HK$0.1845 HK$0.2823 HK$0.4859 66
5Y EBITDA Exit HK$0.2421 HK$0.3985 HK$0.7048 68
10Y Revenue Exit HK$0.1917 HK$0.3475 HK$0.4380 63
10Y EBITDA Exit HK$0.2318 HK$0.4530 HK$0.8335 61
Earnings-Based
EPV HK$0.1121 HK$0.1214 HK$0.1288 74
Dividend Discount
Gordon GGM HK$0.0045 HK$0.0075 HK$0.0098 64
DDM Multi-Stage HK$0.0045 HK$0.0071 HK$0.0081 64
Multiples
EV/EBIT HK$0.2075 HK$0.2649 HK$0.3223 66
EV/EBITDA HK$0.2560 HK$0.3296 HK$0.4032 67
EV/Revenue HK$0.1582 HK$0.2109 HK$0.2636 54
Asset-Based
NCAV (Graham) HK$0.0324 HK$0.0434 HK$0.0648 54
Growth DCF
Growth DCF HK$0.2047 HK$0.3088 HK$0.4716 73
Rev-Margin DCF HK$0.1994 HK$0.3178 HK$0.5661 66
Economic Profit
ROIC Compounder HK$0.1303 HK$0.1671 HK$0.2099 68

Widest divergence: DCF Models (HK$0.3475) versus Dividend Discount (HK$0.0071). Highest evidence: FCF DCF (74).

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Key figures & financial health

EPS (TTM) HK$−0.2300
Net margin −0.5% FY2025
Return on equity 4.4% TTM
Return on assets (EBIT) −1.3% avg 5y
Operating margin 12.5% TTM
Revenue (TTM) HK$20.4B TTM
More key figures
Growth
Revenue growth (YoY) −19.0% 3y avg −3.0%
Balance sheet & cash flow
Free cash flow HK$1.8B FY2025
Net debt HK$2.9B FY2025 · ≈ 1.6 yrs of FCF

Figures from reported company fundamentals · as of Sep 7, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 43 · Market factors (momentum, volatility) 12

Profitability 16
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 24
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 40
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Fullshare Holdings Limited, an investment holding company, manufactures and sells mechanical transmission equipment and gear products in the People's Republic of China, the United States, Europe, Australia, and internationally.

Full company description

Fullshare Holdings Limited, an investment holding company, manufactures and sells mechanical transmission equipment and gear products in the People's Republic of China, the United States, Europe, Australia, and internationally. It operates in five segments: Properties; Tourism; Investment and Financial Services; Healthcare, Education, and Others; and New Energy. The Properties segment invests in, develops, and sells properties, including shopping malls, carparks, and commercial properties; and provides construction related services. The Tourism segment operates hotels and resorts; and sells tourist goods, as well as provides related services. The Investment and Financial Services segment holds and invests in various investments and financial products, such as listed and unlisted securities, bonds, funds, derivatives, structured, and other treasury products; and offers investment and financial related consulting services which include corporate finance, investment management, equity capital markets, and money lending services to listed companies, high net-worth individuals, and institutional and corporate clients. The Healthcare, Education, and Others segment sells healthcare, education, and other products, as well as provides related services. The New Energy segment manufactures and sells mechanical transmission equipment products, such as wind, industrial, and rail transportation gear transmission equipment products. This segment is also involved in the trading of goods. It also manufactures and sells gear box and fittings products. The company was formerly known as Warderly International Holdings Limited and changed its name to Fullshare Holdings Limited in October 2014. Fullshare Holdings Limited was incorporated in 2002 and is headquartered in Admiralty, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fullshare Holdings Ltd reported revenue of 19.8B CNY in FY2025 versus 20.8B CNY in FY2021, a compound −1.2%/yr. Reported net income was −101M CNY in FY2025.

Growth Quality 30/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$19.8B
Latest YoY
−14.3%
Avg. revenue 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.
−3.0%
Avg. revenue 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.
+4.2%
Avg. revenue growth/yr (23Y) 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.
+21.3%
EBIT margin (trend) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
2.0% (2020) → 8.1% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −1.2%/yr
FY21 20.8B CNY
FY22 21.7B CNY
FY23 24.8B CNY
FY24 23.1B CNY
FY25 19.8B CNY
Net income
FY21 −2.7B CNY
FY22 −161M CNY
FY23 −951M CNY
FY24 −6.0B CNY
FY25 −101M CNY

0607 screens 25% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Fullshare Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0607

Peer Group

Specialty Industrial Machinery · 792 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.

Valuation
Quality Score 45 · Below median
Profitability
Return on equity (TTM) 4% · Below median
Return on assets 3% · Above median
Net margin (TTM) −1% · Bottom 25%
Operating margin (TTM) 12% · Above median
Growth and dividend
Revenue growth −19% · Bottom 25%
Balance sheet
Debt / equity 0.62× · Highest 25%

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/FCF 0.0× · Cheapest 25%

Context: sector, industry, market

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE5 · sector 0
FUTURE0 · sector 21
PAST18 · sector 28
HEALTH69 · sector 96
DIVIDEND0 · sector 27

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

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Sep 7, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc GEV $941.84 $131.95 −86%
SIE SIE €272.65 €139.77 −49%
Eaton Corporation ETN $410.85 $168.65 −59%
Parker-Hannifin Corporation PH $995.02 $398.69 −60%
Atlas Copco AB ATCOA kr 206.60 kr 112.59 −46%
Cummins Inc CMI $564.40 $348.94 −38%
Illinois Tool Works Inc ITW $270.12 $145.84 −46%
Emerson Electric Co EMR $152.82 $58.44 −62%
AMETEK, Inc AME $236.25 $125.80 −47%
Rockwell Automation, Inc ROK $417.53 $125.76 −70%

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Frequently asked questions

Is Fullshare Holdings Ltd (0607) overvalued or undervalued?
As of Sep 7, 2026, our model estimates a fair value of HK$0.2649 versus a price of HK$0.3300, about −20% upside (overvalued).
What is the fair value of 0607?
Our model-based fair value for Fullshare Holdings Ltd is HK$0.2649 (as of Sep 7, 2026), built from audited fundamentals. The current price: HK$0.3300.
What is the quality score of 0607?
Fullshare Holdings Ltd has a Quality Score of 45/100. 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 price target for Fullshare Holdings Ltd (0607)?
Our model-based price target is the fair value of HK$0.2649 (as of Sep 7, 2026) from 15 valuation models. Cautious scenario HK$0.1921, optimistic scenario HK$0.3378. It is a calculation from audited fundamentals, not an analyst target.
What is the Fullshare Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.2649, about −20% upside versus a price of HK$0.3300 (overvalued). Cautious scenario HK$0.1921, optimistic scenario HK$0.3378. The calculation is refreshed regularly with new filings.
What is the revenue of Fullshare Holdings Ltd (0607)?
Fullshare Holdings Ltd reported trailing-twelve-month revenue of about HK$20.4B (latest available figure, as of Sep 7, 2026).
What is the net profit margin of 0607?
The net profit margin of Fullshare Holdings Ltd is about −0.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
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