0685 (0685) Fair Value & Analysis

Communication Services · Market cap HK$308M

0 0685 0685 · HK

PriceHK$0.1900

Fair ValueHK$0.0300

Upside-84.2%

Quality54/100

Evidence: Low Range HK$0.0200 – HK$0.0400

Fair value as of: Jul 2, 2026

From 1 valuation models · updated today

Share price −9.9% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$0.1755 – HK$0.2589 · fair‑value band HK$0.0200 – HK$0.0400 · the HK$0.1900 price screens above the HK$0.0300 fair value. As of Jul 2, 2026.

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Analysis

0685 (0685) currently trades at HK$0.1900, while our model-based Fair Value estimate is HK$0.0300 — implying the stock looks roughly 84.2% overvalued today. We read business quality at 54/100 (solid quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, 0685 generated revenue of HK$152M at a net margin of -10.6%. Revenue grew 1.3% year over year. It earns a return on equity of -9.8%. The balance sheet holds a net cash position of HK$33.7M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$152M

Revenue growth (YoY) +1.3%

Net margin -10.6%

Return on equity -9.8%

Free cash flow −HK$18.2M FY2026

Operating margin -13.1%

More key figures

EPS (TTM) HK$-0.0690

EPS growth (YoY) -50.5%

Net cash HK$33.7M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 2, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

0685 reported revenue of HK$156M in FY2026 versus HK$122M in FY2022, a compound +6.3%/yr. Reported net income was −HK$16.5M in FY2026.

Revenue +6.3%/yr

FY22 HK$122M

FY23 HK$133M

FY24 HK$147M

FY25 HK$158M

FY26 HK$156M

Net income

FY22 HK$400K

FY23 −HK$245K

FY24 −HK$12.9M

FY25 −HK$7.6M

FY26 −HK$16.5M

Is 0685 fairly valued? → Check now

Similar stocks

6 more Publishing stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

Stock	Price	Fair Value	vs Fair Value
Informa plc IFPJF	$11.23	$8.31	-26%
The New York Times Company NYT	$72.08	$43.46	-40%
Pearson plc PSORF	$14.80	$15.09	+2%
SPG SPG	€19.36	€30.50	+58%
Jiangsu Phoenix Publishing & Media Corporation 601928	¥9.05	¥10.15	+12%
China South Publishing & Media Group 601098	¥10.18	¥13.20	+30%

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Frequently asked questions

Is 0685 (0685) undervalued?

As of Jul 2, 2026, our model estimates a fair value of HK$0.0300 versus a price of HK$0.1900 — about −84% (overvalued). Model-based estimate, not financial advice.

What is the fair value of 0685?

Our model-based fair value for 0685 is HK$0.0300 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.1900.

What is the quality score of 0685?

0685 has a Quality Score of 54/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 0685 (0685)?

0685 reported trailing-twelve-month revenue of about HK$152M (latest available figure, as of Jul 2, 2026).

What is the net profit margin of 0685?

The net profit margin of 0685 is about -10.6%, meaning it is currently running at a net loss. 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.