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AMCO United Holding Ltd. (0630) fair value: what the stock is really worth

As of Sep 30, 2026: fair value of AMCO United Holding Ltd. HK$0.10, price HK$0.19, upside -47.1%, quality 62 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? Yes
  3. Add to watchlist

Healthcare · HK · ISIN BMG0259E1342

AU Thin data Sep 27, 2026

AMCO United Holding Ltd.

0630 · HK

Stretched ValuationStrong overvaluation with only moderate quality.

!Fair value HK$0.1000 · Strongly overvalued (−47.1%)
✓Quality 62/100
!Expensive Growth (revenue 5y +4.9 %/yr)
✓Highly profitable · 86.5% net margin (TTM)
✓Low debt · generates free cash flow
✓Ranks above peers (8/12)
✓Wide moat 82/100
!Evidence only low, so the estimate is less certain

What runs behind every stock

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

Price vs Fair Value

HK$1.01 HK$0.0400 Fair Value HK$0.1000 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.

How to read this chart

60‑month range HK$0.0400 – HK$1.01 · fair‑value band HK$0.0700 – HK$0.1400 · the HK$0.1890 price screens above the HK$0.1000 fair value. Dashed = 300-day average. As of Sep 27, 2026.

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Company profile

AMCO United Holding Limited, an investment holding company, engages in the manufacturing of medical devices in Hong Kong, the People's Republic of China, and internationally. The company operates through Medical Products Business; Plastic Products Business; Money Lending Business; and Securities Investment Business segments.

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AMCO United Holding Limited, an investment holding company, engages in the manufacturing of medical devices in Hong Kong, the People's Republic of China, and internationally. The company operates through Medical Products Business; Plastic Products Business; Money Lending Business; and Securities Investment Business segments. It also sells plastic moulding products; provides money lending; and invests in securities. The company was formerly known as Guojin Resources Holdings Limited and changed its name to AMCO United Holding Limited in February 2012. AMCO United Holding Limited was incorporated in 1994 and is based in Central, Hong Kong.

Stock analysis

AMCO United Holding Ltd. (0630) currently trades at HK$0.1890, while our model-based Fair Value estimate is HK$0.1000, 47.1% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of HK$0.7900 per share, and 7 of the 21 models we run sit above the HK$0.1890 price.

Bear case: the Asset-Based group reads lowest at HK$0.0800, and 14 of the 21 models stay below the price. Evidence for this calculation is low.

Scenario range: HK$0.0700 (bear) to HK$0.1400 (bull), the price of HK$0.1890 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 62/100 (solid quality), in the Healthcare sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

AMCO United Holding Ltd. reported revenue of HK$68.4M in FY2025 versus HK$71.9M in FY2021, a compound −1.3%/yr. Reported net income was HK$59.1M in FY2025.

Key figures

Market cap HK$209M (≈ $26.6M) · P/E ratio 3.6 · P/S ratio 3.11 · Net margin 86.5% · Return on equity 65.9% · Return on assets (EBIT) −9.5% · Operating margin 32.0% · Revenue (TTM) HK$68.4M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).

What moves the price

The share trades about 49% below its 52-week high and 72% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Healthcare peers we cover trades at −38% fair-value upside, at −47%, 0630 screens richer than that median.

Fair Value models

Bear HK$0.0700 Fair Value HK$0.1000 Bull HK$0.1400
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF HK$0.0800 HK$0.1200 HK$0.1800 80
Growth DCF HK$0.0900 HK$0.1200 HK$0.1800 78
5Y EBITDA Exit HK$0.0700 HK$0.1000 HK$0.1500 75
All 21 models by family
DCF Models
FCF DCF HK$0.0800 HK$0.1200 HK$0.1800 80
5Y Revenue Exit HK$0.0700 HK$0.1000 HK$0.1500 72
5Y EBITDA Exit HK$0.0700 HK$0.1000 HK$0.1500 75
5Y P/E Exit HK$0.4300 HK$0.7200 HK$1.07 70
10Y Revenue Exit HK$0.0700 HK$0.0900 HK$0.1200 68
10Y EBITDA Exit HK$0.0700 HK$0.1000 HK$0.1200 70
10Y P/E Exit HK$0.2900 HK$0.4700 HK$0.6500 64
Earnings-Based
Graham-Dodd HK$0.4200 HK$0.5100 HK$0.5700 67
EPV HK$0.0800 HK$0.1000 HK$0.1100 74
Multiples
P/E Multiple HK$0.7800 HK$1.04 HK$1.30 63
P/S Multiple HK$0.0800 HK$0.1100 HK$0.1300 58
P/B Multiple HK$0.2800 HK$0.3700 HK$0.4600 55
EV/EBIT HK$0.1100 HK$0.1500 HK$0.1900 66
EV/EBITDA HK$0.0700 HK$0.1000 HK$0.1300 67
EV/Revenue HK$0.0600 HK$0.0900 HK$0.1200 53
Asset-Based
NCAV (Graham) HK$0.0600 HK$0.0800 HK$0.1200 54
Growth DCF
Growth DCF HK$0.0900 HK$0.1200 HK$0.1800 78
Rev-Margin DCF HK$0.0700 HK$0.1000 HK$0.1400 73
Economic Profit
Residual Income HK$0.3000 HK$0.3300 HK$0.5000 70
ROIC Compounder HK$0.0800 HK$0.1000 HK$0.1100 72
Growth Earnings
Growth-Adj P/E HK$0.5500 HK$0.7900 HK$1.03 67

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Quality Score breakdown

Overall quality 62/100

Of which business quality 57 · Market factors (momentum, volatility) 16

Profitability 66
Margins and returns on capital today
Quality Growth 96
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 51
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 40
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+80.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+0.9%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.9%
Start year 2020 (pandemic). Over 10 years: −0.6% a year
Revenue growth 25 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−8.6%
Profit 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.
−58.9% (2020) → 16.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed

Growth Forecast

Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+1.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Hong Kong: IMF forecast 2.1% a year to 2030, 1.8% from 2016 to 2025) that is about −0.2% a year for the price.

0630 screens overvalued: fair value 47% below the price. Compare with Intuitive Surgical, Inc →

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Peer Groupⓘ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.Medical Instruments & Supplies · 201 stocks

Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 62 · Above median
Fair Value upside −47.1% · Below median
Profitability
Return on equity (TTM) 65.9% · Top 25%
Return on assets 4.1% · Above median
Net margin (TTM) 86.5% · Top 25%
Operating margin (TTM) 32.0% · Top 25%
Growth and dividend
Revenue growth 161.1% · Top 25%
Balance sheet
Debt / equity 0.18× · Above median

Valuation Multiplesvs Medical Instruments & Supplies median · lower = cheaper

P/E (TTM) 3.6× · Cheapest 25%
P/B 1.75× · Cheaper than median
P/S (TTM) 3.06× · Pricier than median
P/FCF 25.8× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 19
FUTURE (revenue growth)100 · sector 29
PAST (return on equity)100 · sector 26
HEALTH (low debt)91 · sector 96
DIVIDEND (yield)0 · sector 33

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

Context: sector, industry, market

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 Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $405.18 $348.72 −14%
EssilorLuxottica Société anonyme EL €143.90 €158.29 +10%
Becton, Dickinson and Company BDX $183.82 $104.73 −43%
Medline Inc MDLN $34.70 $29.06 −16%
Alcon Inc ALC $64.47 $40.13 −38%
West Pharmaceutical Services, Inc WST $375.65 $137.81 −63%
Sartorius Stedim Biotech S.A DIM €212.40 €54.82 −74%
Straumann Holding STMN CHF 97.48 CHF 45.50 −53%
Sartorius Aktiengesellschaft SRT €206.50 €42.05 −80%
Solventum Corporation SOLV $89.50 $134.36 +50%

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Cite: Fair Value Calculator (2026). "AMCO United Holding Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/0630

Frequently asked questions

Is AMCO United Holding Ltd. (0630) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of HK$0.1000 versus a price of HK$0.1890, about −47% upside (overvalued).
What is the fair value of 0630?
Our model-based fair value for AMCO United Holding Ltd. is HK$0.1000 (as of Sep 27, 2026), built from audited fundamentals. The current price: HK$0.1890.
What is the quality score of 0630?
AMCO United Holding Ltd. has a Quality Score of 62/100. 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 AMCO United Holding Ltd. (0630)?
Our model-based price target is the fair value of HK$0.1000 (as of Sep 27, 2026) from 21 valuation models. Cautious scenario HK$0.0700, optimistic scenario HK$0.1400. It is a calculation from audited fundamentals, not an analyst target.
What is the AMCO United Holding Ltd. stock forecast for 2026?
Our models put fair value at HK$0.1000, about −47% upside versus a price of HK$0.1890 (overvalued). Cautious scenario HK$0.0700, optimistic scenario HK$0.1400. The calculation is refreshed regularly with new filings.
What is the revenue of AMCO United Holding Ltd. (0630)?
AMCO United Holding Ltd. reported trailing-twelve-month revenue of about HK$68.4M (latest available figure, as of Sep 27, 2026).
What growth is priced into AMCO United Holding Ltd. (0630)?
For today's price to be fair in a discounted-cash-flow model, AMCO United Holding Ltd. would have to grow free cash flow by +1.9 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.9 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of 0630 use?
Our models discount AMCO United Holding Ltd. at 11.0 %: a base by market capitalisation (nano), damped by beta 1.28, country premium for Hong Kong. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For AMCO United Holding Ltd. that is +1.9 % per year a year over ten years, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has AMCO United Holding Ltd. (0630) delivered so far?
Over the past 5 years revenue at AMCO United Holding Ltd. grew +4.9 % a year. The price currently implies +1.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of AMCO United Holding Ltd. (0630) growing?
The median revenue growth in the sector is +4.5 % a year. That is the yardstick for the growth priced into AMCO United Holding Ltd. (+1.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of AMCO United Holding Ltd. (0630)?
The free-cash-flow yield on the price is 4.43 %: that much free cash flow AMCO United Holding Ltd. produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of AMCO United Holding Ltd. (0630)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For AMCO United Holding Ltd. it is HK$0.1000 per share (as of Sep 27, 2026), against a price of HK$0.1890. It is the blended result of 21 valuation models (cash flow, earnings, asset, dividend).
Is AMCO United Holding Ltd. stock overvalued or undervalued in 2026?
As of Sep 27, 2026, 0630 trades above its calculated fair value: price HK$0.1890, fair value HK$0.1000, a gap of about −47% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0630?
No. The price is what the market pays today (HK$0.1890); the fair value is what the company's own numbers justify (HK$0.1000). For AMCO United Holding Ltd. the two are HK$0.0890 per share apart. That gap is exactly why we show both numbers side by side.
How much is AMCO United Holding Ltd. worth?
The market values AMCO United Holding Ltd. at about HK$209M (market capitalisation, as of Sep 27, 2026). Per share that is HK$0.1890; our models calculate a fair value of HK$0.1000 per share.
What do the bullish and bearish scenarios say about 0630?
Our models span a range for AMCO United Holding Ltd.: cautious scenario HK$0.0700, base HK$0.1000, optimistic HK$0.1400 per share (as of Sep 27, 2026, price HK$0.1890). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0630?
AMCO United Holding Ltd. trades at a price-to-earnings ratio of 3.6 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$0.1000 is built from several models across several years. Other multiples: P/B 1.8, P/S 3.1.
How solid is the balance sheet of AMCO United Holding Ltd. (0630)?
Balance-sheet figures for AMCO United Holding Ltd. (as of Sep 27, 2026): return on equity 65.9%, debt of 0.18 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 0630 from its 52-week high?
AMCO United Holding Ltd. trades at HK$0.1890, about 49% below its 52-week high of HK$0.3700 and 72% above the low of HK$0.1100 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.1000 is for.
Which stocks are comparable to AMCO United Holding Ltd.?
From the same area (Healthcare) we also value Intuitive Surgical, Inc, EssilorLuxottica Société anonyme, Becton, Dickinson and Company, Medline Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is AMCO United Holding Ltd. stock attractive at the current price?
The data as of Sep 27, 2026: price HK$0.1890, calculated fair value HK$0.1000 (−47%), Quality Score 62/100, from 21 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0630 calculated?
We run AMCO United Holding Ltd. through 21 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of HK$0.1000, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. AMCO United Holding Ltd. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of AMCO United Holding Ltd. (0630)?
The closing price on Sep 30, 2026 was HK$0.1890. Our model-based fair value is HK$0.1000, about −47% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with AMCO United Holding Ltd. right now?
The price sits above even our optimistic bull case (HK$0.1400). 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 (62/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (HK$0.0700 to HK$0.1400) leaves room in how you read the outcome.

Key figures of AMCO United Holding Ltd.

How large is the market capitalisation of AMCO United Holding Ltd. (0630)?
The market capitalisation of AMCO United Holding Ltd. is HK$209M (≈ $26.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of AMCO United Holding Ltd. (0630)?
The price-to-sales ratio of AMCO United Holding Ltd. is 3.11 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of AMCO United Holding Ltd. (0630)?
The net margin of AMCO United Holding Ltd. is 86.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of AMCO United Holding Ltd. (0630)?
The return on equity (ROE) of AMCO United Holding Ltd. is 65.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of AMCO United Holding Ltd. (0630)?
On an EBIT basis the return on assets of AMCO United Holding Ltd. is −9.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of AMCO United Holding Ltd. (0630)?
The operating margin of AMCO United Holding Ltd. is 32.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at AMCO United Holding Ltd. (0630)?
Revenue at AMCO United Holding Ltd. is growing +161% versus a year earlier (3y avg +0.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at AMCO United Holding Ltd. (0630)?
Earnings per share at AMCO United Holding Ltd. are growing +140% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does AMCO United Holding Ltd. (0630) carry?
The net debt of AMCO United Holding Ltd. is HK$17.7M (fiscal year 2025, ≈ 2.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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