Future Bright Holdings Ltd (0703) fair value: what the stock is really worth
As of Nov 10, 2026: fair value (intrinsic value) of Future Bright Holdings Ltd stock HK$0.25, price HK$0.09, upside +179.0%, quality 57 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 14, 2026.
How to read this chart
60‑month range HK$0.0900 – HK$0.2950 · fair‑value band HK$0.1902 – HK$0.3085 · the HK$0.0910 price screens below the HK$0.2539 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 14, 2026.
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Future Bright Holdings Limited, an investment holding company, engages in the operation of restaurants, catering, and food souvenir businesses in Hong Kong, Macau, and Mainland China. The company operates in three segments: Food and Catering, Food Souvenir, and Property Investment.
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It is involved in the sale of food and catering; food souvenirs, such as festival food products; and operation of food processing centers, and coffee shops.
The company also provides administrative and supporting services; invests in and leases properties; operation of franchise restaurant; and trades in food products, as well as offers institutional catering, entertainment, and laundry service.
Future Bright Holdings Limited was founded in 1984 and is headquartered in Central, Hong Kong.
Stock analysis
Future Bright Holdings Ltd (0703) currently trades at HK$0.0910, while our model-based Fair Value estimate is HK$0.2539, implying the stock looks roughly 64% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of HK$1.71 per share, and 22 of the 24 models we run sit above the HK$0.0910 price.
Bear case: the Growth Earnings group reads lowest at HK$0.1400, and 2 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: HK$0.1902 (bear) to HK$0.3085 (bull), the price of HK$0.0910 sits below 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 57/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Future Bright Holdings Ltd reported revenue of HK$492M in FY2025 versus HK$475M in FY2021, a compound +0.9%/yr. Reported net income was HK$4.6M in FY2025.
Key figures
Market cap HK$63.2M (≈ $8.1M) Micro · P/S ratio 0.15 · Net margin −1.2% · Return on equity −1.9% · Return on assets (EBIT) −0.4% (5-year average) · Operating margin 2.8% · Revenue (TTM) HK$482M · Revenue growth (YoY) −4.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 22 out of 100 (low confidence).
What moves the price
The share trades about 37% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −18% fair-value upside, at 179%, 0703 screens cheaper than that median.
Fair Value models
BearHK$0.1902Fair Value HK$0.2539BullHK$0.3085
Price HK$0.0910 · Upside +179.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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.Coverage ⓘCoverage = 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.57/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+2.6%
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.
+20.0%
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.
+3.3%
Start year 2020 (pandemic). Over 10 years: −5.0% a year
Revenue growth 24 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.
+7.8%
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What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
−10.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−10.9%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘ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.−53% → 8%
⚠ Revenue per share shrinking 5.0%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Future Bright Holdings Ltd with another stock
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.Restaurants · 204 stocks
Beats the industry median on 6/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside+179.0% · Top 25%
Profitability
Return on assets0.6% · Below median
Net margin (12 months)−1.5% · Below median
Operating margin (12 months)2.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)−4.5% · Bottom 25%
Balance sheet
Debt / equity0.62× · Highest 25%
Valuation Multiplesvs Restaurants median · lower = cheaper
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Is Future Bright Holdings Ltd (0703) overvalued or undervalued?
As of Nov 14, 2026, our model estimates a fair value of HK$0.2539 versus a price of HK$0.0910, about +179% upside (undervalued).
What is the fair value of 0703?
Our model-based fair value for Future Bright Holdings Ltd is HK$0.2539 (as of Nov 14, 2026), built from audited fundamentals. The current price: HK$0.0910.
What is the quality score of 0703?
Future Bright Holdings Ltd has a Quality Score of 57/100. 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 Future Bright Holdings Ltd (0703)?
Our model-based price target is the fair value of HK$0.2539 (as of Nov 14, 2026) from 24 valuation models. Cautious scenario HK$0.1902, optimistic scenario HK$0.3085. It is a calculation from audited fundamentals, not an analyst target.
What is the Future Bright Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.2539, about +179% upside versus a price of HK$0.0910 (undervalued). Cautious scenario HK$0.1902, optimistic scenario HK$0.3085. The calculation is refreshed regularly with new filings.
What is the revenue of Future Bright Holdings Ltd (0703)?
Future Bright Holdings Ltd reported trailing-twelve-month revenue of about HK$482M (latest available figure, as of Nov 14, 2026).
What is the intrinsic value of Future Bright Holdings Ltd (0703)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Future Bright Holdings Ltd it is HK$0.2539 per share (as of Nov 14, 2026), against a price of HK$0.0910. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Future Bright Holdings Ltd stock overvalued or undervalued in 2026?
As of Nov 14, 2026, 0703 trades below its calculated fair value: price HK$0.0910, fair value HK$0.2539, a gap of about +179% (undervalued). 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 0703?
No. The price is what the market pays today (HK$0.0910); the fair value is what the company's own numbers justify (HK$0.2539). For Future Bright Holdings Ltd the two are HK$0.1629 per share apart. That gap is exactly why we show both numbers side by side.
How much is Future Bright Holdings Ltd worth?
The market values Future Bright Holdings Ltd at about HK$63.2M (market capitalisation, as of Nov 14, 2026). Per share that is HK$0.0910; our models calculate a fair value of HK$0.2539 per share.
What do the bullish and bearish scenarios say about 0703?
Our models span a range for Future Bright Holdings Ltd: cautious scenario HK$0.1902, base HK$0.2539, optimistic HK$0.3085 per share (as of Nov 14, 2026, price HK$0.0910). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Future Bright Holdings Ltd (0703)?
Balance-sheet figures for Future Bright Holdings Ltd (as of Nov 14, 2026): return on equity −1.9%, debt of 0.62 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 0703 from its 52-week high?
Future Bright Holdings Ltd trades at HK$0.0910, about 37% below its 52-week high of HK$0.1450 and 1% above the low of HK$0.0900 (as of Nov 13, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.2539 is for.
Which stocks are comparable to Future Bright Holdings Ltd?
From the same area (Consumer Cyclical) we also value McDonald's Corporation, Starbucks Corporation, Yum! Brands, Inc, Chipotle Mexican Grill, 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 Future Bright Holdings Ltd stock attractive at the current price?
The data as of Nov 14, 2026: price HK$0.0910, calculated fair value HK$0.2539 (+179%), Quality Score 57/100, from 24 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 0703 calculated?
We run Future Bright Holdings Ltd through 24 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of HK$0.2539 builds on their evidence-weighted average, 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 13.9% above its aggregate fair value. Future Bright Holdings Ltd currently trades 64% below its own fair value, and the market average says nothing about that. 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 Future Bright Holdings Ltd (0703)?
The closing price on Nov 10, 2026 was HK$0.0910. Our model-based fair value is HK$0.2539, about +179% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Future Bright Holdings Ltd right now?
The price is below even our cautious bear case (HK$0.1902). The market is more pessimistic than our downside scenario. 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 quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Future Bright Holdings Ltd
How large is the market capitalisation of Future Bright Holdings Ltd (0703)?
The market capitalisation of Future Bright Holdings Ltd is HK$63.2M (≈ $8.1M). 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 Future Bright Holdings Ltd (0703)?
The price-to-sales ratio of Future Bright Holdings Ltd is 0.15 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Future Bright Holdings Ltd (0703)?
The net margin of Future Bright Holdings Ltd is −1.2% (last twelve months). 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 Future Bright Holdings Ltd (0703)?
The return on equity (ROE) of Future Bright Holdings Ltd is −1.9% (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 Future Bright Holdings Ltd (0703)?
On an EBIT basis the return on assets of Future Bright Holdings Ltd is −0.4% (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 Future Bright Holdings Ltd (0703)?
The operating margin of Future Bright Holdings Ltd is 2.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Future Bright Holdings Ltd (0703)?
Revenue at Future Bright Holdings Ltd is growing −4.5% versus a year earlier (3y avg +20.0%). 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 Future Bright Holdings Ltd (0703)?
Earnings per share at Future Bright Holdings Ltd are growing +15.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Future Bright Holdings Ltd (0703) generate?
The free cash flow of Future Bright Holdings Ltd is HK$80.6M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Future Bright Holdings Ltd (0703) carry?
The net debt of Future Bright Holdings Ltd is HK$324M (fiscal year 2025, ≈ 4.0 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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Thin data
Nov 14, 2026