Hongkong Chinese Ltd (0655) fair value: what the stock is really worth
As of Sep 29, 2026: fair value of Hongkong Chinese Ltd HK$0.29, price HK$0.40, upside -27.5%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
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$0.2080 – HK$0.6614 · fair‑value band HK$0.0900 – HK$0.6700 · the HK$0.4000 price screens above the HK$0.2900 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Hongkong Chinese Limited, an investment holding company, engages in property investment and development, healthcare services, and hotel operations in Hong Kong, Mainland China, Republic of Singapore, Indonesia, and internationally.
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Hongkong Chinese Limited, an investment holding company, engages in property investment and development, healthcare services, and hotel operations in Hong Kong, Mainland China, Republic of Singapore, Indonesia, and internationally. The company operates through Property Investment, Property Development, Treasury Investment, Securities Investment, and Other segments. The Property Investment segment engages in the letting and resale of properties. The Property Development segment develops and sells properties. The Treasury Investment segment invests in money markets. The Securities Investment segment is involved in the investment in securities held for trading. It also engages in the provision of project management services. In addition, the company owns a motor yacht. Hongkong Chinese Limited was incorporated in 1992 and is based in Hong Kong, Hong Kong. The company operates as a subsidiary of Lippo Capital Limited.
Stock analysis
Hongkong Chinese Ltd (0655) currently trades at HK$0.4000, while our model-based Fair Value estimate is HK$0.2900, 27.5% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of HK$0.2700 per share, and 1 of the 10 models we run sit above the HK$0.4000 price.
Bear case: the Growth DCF group reads lowest at HK$0.1300, and 9 of the 10 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$0.0900 (bear) to HK$0.6700 (bull), the price of HK$0.4000 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 56/100 (solid quality), in the Real Estate sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Hongkong Chinese Ltd reported revenue of HK$54.5M in FY2026 versus HK$81.1M in FY2022, a compound −9.5%/yr. Reported net income was −HK$892M in FY2026.
Key figures
Market cap HK$799M (≈ $102M) · P/S ratio 15.0 · EPS (TTM) HK$0.1000 · Dividend yield 2.5% · Return on equity −10.1% · Return on assets (EBIT) 0.3% · Operating margin −35.9% · Revenue (TTM) HK$53.2M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 23% below its 52-week high and 66% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −10% fair-value upside, at −28%, 0655 screens richer than that median.
Fair Value models
Bear HK$0.0900Fair Value HK$0.2900Bull HK$0.6700
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. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (HK$0.0501 per share) are deliberately not added.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.
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.15/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−25.2%
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.
−8.8%
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.
−14.7%
Start year 2021 (pandemic). Over 10 years: −27.3% 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.
−13.7%
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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.
−8.4% (2020) → 53.3% (2025)
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
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+27.1%
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 +24.5% a year for the price.
Price, fair value, quality and upside side by side.
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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.Real Estate Services · 540 stocks
Beats the industry median on 4/11 measures
Overall it trails its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−27.5% · Below median
Profitability
Return on assets0.1% · Bottom 25%
Operating margin (TTM)−35.9% · Bottom 25%
Growth and dividend
Revenue growth−57.3% · Bottom 25%
Dividend yield (TTM)2.5% · Below median
Balance sheet
Debt / equity0.06× · Below median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/S (TTM)1.92× · Cheaper than median
P/FCF3.2× · Cheapest 25%
EV/EBITDA30.1× · Priciest 25%
PEG5.74× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 46
FUTURE (revenue growth)0· sector 12
PAST (return on equity)0· sector 16
HEALTH (low debt)97· sector 83
DIVIDEND (yield)50· sector 64
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hongkong Chinese Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0655
Frequently asked questions
Is Hongkong Chinese Ltd (0655) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of HK$0.2900 versus a price of HK$0.4000, about −28% upside (overvalued).
What is the fair value of 0655?
Our model-based fair value for Hongkong Chinese Ltd is HK$0.2900 (as of Sep 27, 2026), built from audited fundamentals. The current price: HK$0.4000.
What is the quality score of 0655?
Hongkong Chinese Ltd has a Quality Score of 56/100. 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 Hongkong Chinese Ltd (0655)?
Our model-based price target is the fair value of HK$0.2900 (as of Sep 27, 2026) from 11 valuation models. Cautious scenario HK$0.0900, optimistic scenario HK$0.6700. It is a calculation from audited fundamentals, not an analyst target.
What is the Hongkong Chinese Ltd stock forecast for 2026?
Our models put fair value at HK$0.2900, about −28% upside versus a price of HK$0.4000 (overvalued). Cautious scenario HK$0.0900, optimistic scenario HK$0.6700. The calculation is refreshed regularly with new filings.
What is the revenue of Hongkong Chinese Ltd (0655)?
Hongkong Chinese Ltd reported trailing-twelve-month revenue of about HK$53.2M (latest available figure, as of Sep 27, 2026).
Does Hongkong Chinese Ltd pay a dividend?
Hongkong Chinese Ltd currently shows a dividend yield of about 2.50% relative to its recent price (as of Sep 27, 2026).
What growth is priced into Hongkong Chinese Ltd (0655)?
For today's price to be fair in a discounted-cash-flow model, Hongkong Chinese Ltd would have to grow free cash flow by +27.1 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -14.8 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of 0655 use?
Our models discount Hongkong Chinese Ltd at 11.8 %: a base by market capitalisation (micro), damped by beta 0.41, 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 Hongkong Chinese Ltd that is +27.1 % per year a year over ten years, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Hongkong Chinese Ltd (0655) delivered so far?
Over the past 5 years revenue at Hongkong Chinese Ltd grew -14.8 % a year. The price currently implies +27.1 % 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 Hongkong Chinese Ltd (0655) growing?
The median revenue growth in the sector is +1.8 % a year. That is the yardstick for the growth priced into Hongkong Chinese Ltd (+27.1 % 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 Hongkong Chinese Ltd (0655)?
The free-cash-flow yield on the price is 3.94 %: that much free cash flow Hongkong Chinese Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Hongkong Chinese Ltd (0655)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hongkong Chinese Ltd it is HK$0.2900 per share (as of Sep 27, 2026), against a price of HK$0.4000. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is Hongkong Chinese Ltd stock overvalued or undervalued in 2026?
As of Sep 27, 2026, 0655 trades above its calculated fair value: price HK$0.4000, fair value HK$0.2900, a gap of about −28% (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 0655?
No. The price is what the market pays today (HK$0.4000); the fair value is what the company's own numbers justify (HK$0.2900). For Hongkong Chinese Ltd the two are HK$0.1100 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hongkong Chinese Ltd worth?
The market values Hongkong Chinese Ltd at about HK$799M (market capitalisation, as of Sep 27, 2026). Per share that is HK$0.4000; our models calculate a fair value of HK$0.2900 per share.
What do the bullish and bearish scenarios say about 0655?
Our models span a range for Hongkong Chinese Ltd: cautious scenario HK$0.0900, base HK$0.2900, optimistic HK$0.6700 per share (as of Sep 27, 2026, price HK$0.4000). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of 0655?
The PEG ratio of Hongkong Chinese Ltd is 5.74 (P/E divided by earnings growth, as of Sep 27, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Hongkong Chinese Ltd (0655)?
Balance-sheet figures for Hongkong Chinese Ltd (as of Sep 27, 2026): return on equity −10.1%, debt of 0.06 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 0655 from its 52-week high?
Hongkong Chinese Ltd trades at HK$0.4000, about 23% below its 52-week high of HK$0.5200 and 66% above the low of HK$0.2410 (as of Sep 29, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.2900 is for.
Which stocks are comparable to Hongkong Chinese Ltd?
From the same area (Real Estate) we also value CBRE Group, KE Holdings, Cellnex Telecom, S.A, Swire Properties Limited, 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 Hongkong Chinese Ltd stock attractive at the current price?
The data as of Sep 27, 2026: price HK$0.4000, calculated fair value HK$0.2900 (−28%), Quality Score 56/100, from 11 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 0655 calculated?
We run Hongkong Chinese Ltd through 11 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$0.2900, 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 14.9 % above its aggregate fair value. Hongkong Chinese 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 Hongkong Chinese Ltd (0655)?
The closing price on Sep 29, 2026 was HK$0.4000. Our model-based fair value is HK$0.2900, about −28% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hongkong Chinese Ltd right now?
The model range is unusually wide (HK$0.0900 to HK$0.6700). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (56/100) 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. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Hongkong Chinese Ltd
How large is the market capitalisation of Hongkong Chinese Ltd (0655)?
The market capitalisation of Hongkong Chinese Ltd is HK$799M (≈ $102M). 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 Hongkong Chinese Ltd (0655)?
The price-to-sales ratio of Hongkong Chinese Ltd is 15.0 (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 Hongkong Chinese Ltd (0655)?
Earnings per share at Hongkong Chinese Ltd are HK$0.1000. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hongkong Chinese Ltd (0655)?
The dividend yield of Hongkong Chinese Ltd is 2.5% (payout 10.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the return on equity of Hongkong Chinese Ltd (0655)?
The return on equity (ROE) of Hongkong Chinese Ltd is −10.1% (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 Hongkong Chinese Ltd (0655)?
On an EBIT basis the return on assets of Hongkong Chinese Ltd is 0.3% (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 Hongkong Chinese Ltd (0655)?
The operating margin of Hongkong Chinese Ltd is −35.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hongkong Chinese Ltd (0655)?
Revenue at Hongkong Chinese Ltd is growing −57.3% versus a year earlier (3y avg −8.8%). 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 Hongkong Chinese Ltd (0655)?
Earnings per share at Hongkong Chinese Ltd are growing −64.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Hongkong Chinese Ltd (0655) carry?
The net debt of Hongkong Chinese Ltd is HK$394M (fiscal year 2026, ≈ 12.5 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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