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IDG Energy Investment Ltd (0650) fair value: what the stock is really worth

As of Nov 13, 2026: fair value (intrinsic value) of IDG Energy Investment Ltd stock HK$0.15, price HK$0.18, that is 16.0% below the price, quality 46 out of 100. Rating: overvalued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

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Technology HK · ISIN BMG4709J1071

IE IDG Energy Investment Ltd logo Thin data Nov 10, 2026

IDG Energy Investment Ltd

0650 · HK

Expensive (fair value 16% below the price) and weak company, but rising price: meets 1 of 3 rules.

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Rising price (uptrend) 
Low debt 
Revenue last quarter +19% vs. a year ago. 
Quality 46/100 
Fair value HK$0.1496 · Overvalued 
Weak Growth (revenue 3y −22.9 %/yr in HKD) 
Loss-making · -91.4% net margin (TTM) 
Negative free cash flow 
Trails peers (2/11) 
Narrow moat 5/100
Thin data 
⟳ CyclicalEstimate
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What runs behind every stock

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

Price vs Fair Value

HK$1.57 HK$0.1420 Fair Value HK$0.1496 Jul 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.

How to read this chart

60‑month range HK$0.1420 – HK$1.57 · fair‑value band HK$0.1122 – HK$0.1870 · the HK$0.1780 price screens above the HK$0.1496 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.

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Company profile

Productive Technologies Company Limited, an investment holding company, engages in the manufacture of equipment applied in semiconductor and solar power businesses in the People's Republic of China. The company operates in two segments, Semiconductor and Solar Cell and Oil and Gas and Others.

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The Semiconductor and Solar Cell segment engages in the research, development, manufacture, and sale of solar cell and power, and semiconductor processing equipment.

The Oil and Gas and Others segment operates and invests upstream oil and gas business, as well as involved in the oil, gas, and LNG processing businesses. This segment invests and manages in energy-related activities. The company also provides cleaning and copper plating equipment.

In addition, it is involved in the exploration, development, production, and sale of crude oil. The company was formerly known as IDG Energy Investment Limited. Productive Technologies Company Limited is headquartered in Central, Hong Kong.

Stock analysis

IDG Energy Investment Ltd (0650) currently trades at HK$0.1780, while our estimate is HK$0.1496, 16% below the price, so the stock looks overvalued today.

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Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: HK$0.1122 (bear) to HK$0.1870 (bull), the price of HK$0.1780 sits inside 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 46/100 (below-average quality), in the Technology sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

IDG Energy Investment Ltd reported revenue of HK$254M in FY2026 versus −HK$190M in FY2022. Reported net income was −HK$198M in FY2026.

Key figures

Market cap HK$1.3B (≈ $166M) Micro · P/S ratio 6.57 · EPS (TTM) HK$−0.0100 · Net margin −77.9% · Return on equity −15.6% · Return on assets (EBIT) −11.8% (5-year average) · Operating margin −99.1% · Revenue (TTM) HK$217M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 5 out of 100 (medium confidence).

What moves the price

The share trades about 79% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at −11% fair-value upside, at −16%, 0650 screens richer than that median.

Fair Value

Bear HK$0.1122 Fair Value HK$0.1496 Bull HK$0.1870
Price HK$0.1780 · Downside -16.0%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 46/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 1
How much profit the company makes from its sales and capital
Quality Growth 65
Are margins and returns getting better?
Cashflow 10
Do the profits arrive as real cash?
Financial strength 62
Debt, balance sheet and risk of trouble
Investment 89
Does it invest with discipline instead of growing at any price?
Low Volatility 37
How calm the share price moves, does not count
Price momentum 25
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 13
Distance to the 52-week high, does not count
New shares 90
Buys back shares or issues new ones?

Open the full quality analysis →

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. 0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−8.9%
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.
−22.9%
Revenue growth 26 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.
−3.8%
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.
−7.0% (2019) → −80.4% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed

0650 screens overvalued: fair value 16% below the price. Compare with ASML Holding →

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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.Semiconductor Equipment & Materials · 248 stocks

Beats the industry median on 2/10 measures
Overall it trails its industry peers.
Valuation
Quality Score 46 · Below median
Fair Value upside −16.0% · Above median
Profitability
Return on assets −9.3% · Bottom 25%
Net margin (12 months) −91.4% · Bottom 25%
Operating margin (12 months) −99.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 19.0% · Below median
Balance sheet
Debt / equity 0.13× · Above median

Valuation Multiplesvs Semiconductor Equipment & Materials median · lower = cheaper

P/B 1.00× · Cheapest 25%
P/S (12 months) 6.03× · Pricier than median
PEG 5.74× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)12 · sector 0
FUTURE (revenue growth)95 · sector 100
PAST (return on equity)0 · sector 38
HEALTH (low debt)93 · sector 96
DIVIDEND (yield)0 · sector 19

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 Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Lam Research Corporation LRCX $225.92 $250.92 +11% vs 0650
Hon. Precision, Inc 7769 4,080 TWD 4,521 TWD +11% vs 0650
ASML Holding ASML €1,339 €1,345 +0% vs 0650
Applied Materials, Inc AMAT $370.50 $363.92 −2% vs 0650
KLA Corporation KLAC $152.32 $136.10 −11% vs 0650
Entegris, Inc ENTG $147.41 $91.54 −38% vs 0650
Qnity Electronics, Inc Q $118.36 $70.54 −40% vs 0650
Advanced Micro-Fabrication Equipment Inc 688012 ¥245.90 ¥123.44 −50% vs 0650
Teradyne, Inc TER $249.55 $66.14 −74% vs 0650
Hangzhou Changchuan Technology Co 300604 ¥189.50 ¥45.22 −76% vs 0650

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IDG Energy Investment Ltd: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "IDG Energy Investment Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0650

Frequently asked questions

Is IDG Energy Investment Ltd (0650) overvalued or undervalued?
As of Nov 10, 2026, our estimate of fair value is HK$0.1496 versus a price of HK$0.1780, about 16% lower (overvalued).
What is the fair value of 0650?
Our estimate for IDG Energy Investment Ltd is HK$0.1496 (as of Nov 10, 2026), built from audited fundamentals. The current price: HK$0.1780.
What is the quality score of 0650?
IDG Energy Investment Ltd has a Quality Score of 46/100. 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 IDG Energy Investment Ltd (0650)?
Our calculated price target is the estimate of HK$0.1496 (as of Nov 10, 2026). Cautious scenario HK$0.1122, optimistic scenario HK$0.1870. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the IDG Energy Investment Ltd stock forecast for 2026?
Our estimate puts fair value at HK$0.1496, about 16% lower versus a price of HK$0.1780 (overvalued). Cautious scenario HK$0.1122, optimistic scenario HK$0.1870. The calculation is refreshed regularly with new filings.
What is the revenue of IDG Energy Investment Ltd (0650)?
IDG Energy Investment Ltd reported trailing-twelve-month revenue of about HK$217M (latest available figure, as of Nov 10, 2026).
What is the intrinsic value of IDG Energy Investment Ltd (0650)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For IDG Energy Investment Ltd it is HK$0.1496 per share (as of Nov 10, 2026), against a price of HK$0.1780.
Is IDG Energy Investment Ltd stock overvalued or undervalued in 2026?
As of Nov 10, 2026, 0650 trades above its calculated fair value: price HK$0.1780, fair value HK$0.1496, a gap of about −16% (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 0650?
No. The price is what the market pays today (HK$0.1780); the fair value is what the company's own numbers justify (HK$0.1496). For IDG Energy Investment Ltd the two are HK$0.0284 per share apart. That gap is exactly why we show both numbers side by side.
How much is IDG Energy Investment Ltd worth?
The market values IDG Energy Investment Ltd at about HK$1.3B (market capitalisation, as of Nov 10, 2026). Per share that is HK$0.1780; our models calculate a fair value of HK$0.1496 per share.
What do the bullish and bearish scenarios say about 0650?
Our models span a range for IDG Energy Investment Ltd: cautious scenario HK$0.1122, base HK$0.1496, optimistic HK$0.1870 per share (as of Nov 10, 2026, price HK$0.1780). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of 0650?
The PEG ratio of IDG Energy Investment Ltd is 5.74 (P/E divided by earnings growth, as of Nov 10, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of IDG Energy Investment Ltd (0650)?
Balance-sheet figures for IDG Energy Investment Ltd (as of Nov 10, 2026): return on equity −15.6%, debt of 0.13 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is 0650 from its 52-week high?
IDG Energy Investment Ltd trades at HK$0.1780, about 79% below its 52-week high of HK$0.8300 and 6% above the low of HK$0.1680 (as of Nov 13, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.1496 is for.
Which stocks are comparable to IDG Energy Investment Ltd?
From the same area (Technology) we also value ASML Holding, Applied Materials, Inc, Lam Research Corporation, KLA Corporation, 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 IDG Energy Investment Ltd stock attractive at the current price?
The data as of Nov 10, 2026: price HK$0.1780, calculated fair value HK$0.1496 (−16%), Quality Score 46/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 13.9% above its aggregate fair value. IDG Energy Investment 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 IDG Energy Investment Ltd (0650)?
The closing price on Nov 13, 2026 was HK$0.1780. Our estimate is HK$0.1496, about 16% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with IDG Energy Investment Ltd right now?
Weak quality (46/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of IDG Energy Investment Ltd

How large is the market capitalisation of IDG Energy Investment Ltd (0650)?
The market capitalisation of IDG Energy Investment Ltd is HK$1.3B (≈ $166M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of IDG Energy Investment Ltd (0650)?
The price-to-sales ratio of IDG Energy Investment Ltd is 6.57 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of IDG Energy Investment Ltd (0650)?
Earnings per share at IDG Energy Investment Ltd are HK$−0.0100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of IDG Energy Investment Ltd (0650)?
The net margin of IDG Energy Investment Ltd is −77.9% (fiscal year 2026). 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 IDG Energy Investment Ltd (0650)?
The return on equity (ROE) of IDG Energy Investment Ltd is −15.6% (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 IDG Energy Investment Ltd (0650)?
On an EBIT basis the return on assets of IDG Energy Investment Ltd is −11.8% (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 IDG Energy Investment Ltd (0650)?
The operating margin of IDG Energy Investment Ltd is −99.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at IDG Energy Investment Ltd (0650)?
Revenue at IDG Energy Investment Ltd is growing +19.0% versus a year earlier (3y avg −22.9%). 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 IDG Energy Investment Ltd (0650)?
Earnings per share at IDG Energy Investment Ltd are growing −93.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does IDG Energy Investment Ltd (0650) generate?
The free cash flow of IDG Energy Investment Ltd is −HK$210M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does IDG Energy Investment Ltd (0650) hold?
IDG Energy Investment Ltd holds more cash than debt, HK$40.7M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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