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Tai United Holdings (0718) Fair Value & Analysis

Healthcare · HK · Market cap HK$168M

TU Tai United Holdings 0718 · HK
PriceHK$0.0290
Fair ValueHK$0.0438
Upside+51.0%
Quality51/100
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Mixed Growth
Negative equity (buybacks among others) · generates free cash flow
Ranks above peers (6/10)
Narrow moat 25/100
Evidence: Low Range HK$0.0351 – HK$0.0554 Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$0.0508 to HK$0.0438 (−13.7%) since Aug 5, 2026. Share price −14.7% over the past month.

A solid business, screening 51% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$0.0351). 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 (51/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

HK$0.2290 HK$0.0170 Fair Value HK$0.0438 Jul 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.0170 – HK$0.2290 · fair‑value band HK$0.0351 – HK$0.0554 · the HK$0.0290 price screens below the HK$0.0438 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Tai United Holdings (0718) currently trades at HK$0.0290, while our model-based Fair Value estimate is HK$0.0438, implying the stock looks roughly 51.0% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at HK$126M. Revenue grew 24.8% year over year. Net debt stands at HK$1.4B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0351 (bear case) to HK$0.0554 (bull case); at HK$0.0290, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 60% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -7% fair-value upside, at 51%, 0718 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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. Evidence
Highest evidence
Growth DCF HK$0.0600 HK$0.0800 HK$0.1200 80
Rev-Margin DCF HK$0.0600 HK$0.0900 HK$0.1500 74
EV/Revenue HK$0.0500 HK$0.0600 HK$0.0700 43
All 6 models by family
DCF Models
FCF DCF HK$0.0600 HK$0.0800 HK$0.1300 38
5Y Revenue Exit HK$0.0500 HK$0.0800 HK$0.1300 39
10Y Revenue Exit HK$0.0500 HK$0.0900 HK$0.1100 36
Multiples
EV/Revenue HK$0.0500 HK$0.0600 HK$0.0700 43
Growth DCF
Growth DCF HK$0.0600 HK$0.0800 HK$0.1200 80
Rev-Margin DCF HK$0.0600 HK$0.0900 HK$0.1500 74

Widest divergence: DCF Models (HK$0.0800) versus Multiples (HK$0.0600). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$126M
Revenue growth (YoY) +24.8%
Net margin -294%
Return on equity -398%
Free cash flow HK$19.4M FY2025
Operating margin 16.7%
More key figures
EPS (TTM) HK$-0.0400
Net debt HK$1.4B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 47 · Market factors (momentum, volatility) 24

Profitability 2
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 76
Earnings quality: real cash, not paper profit
Fin. Strength 7
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Tai United Holdings Limited, an investment holding company, primarily invests in properties in the People's Republic of China, the United States, the United Kingdom, Australia, and Belgium.

Full company description

Tai United Holdings Limited, an investment holding company, primarily invests in properties in the People's Republic of China, the United States, the United Kingdom, Australia, and Belgium. The company operates through Properties Investment, Sales of Medical Equipment, Sales of Flooring Materials, Mining and Exploitation of Natural Resources, and Financial Services and Assets Management segments. Its Properties Investment segment invests in, manages, and leases residential and shopping properties, as well as develops shopping malls. The Sales of Medical Equipment segment trades in medical equipment. Its Sales of Flooring Materials segment trades in flooring materials. The Mining and Exploitation of Natural Resources segment is involved in mining and production of tungsten resources activities in the Republic of Mongolia. Its Financial Services and Assets Management segment trades in equity securities and derivatives; and manages assets arising from acquisition of distressed debts assets. The company was formerly known as Bestway International Holdings Limited and changed its name to Tai United Holdings Limited in August 2016. The company was incorporated in 1995 and is headquartered in Wan Chai, Hong Kong. Tai United Holdings Limited operates as a subsidiary of Songbird SG PTE. Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tai United Holdings reported revenue of HK$125M in FY2025 versus HK$309M in FY2021, a compound −20.2%/yr. Reported net income was −HK$372M in FY2025.

Growth Quality 59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$125M
Latest YoY
+2.7%
Avg. growth/yr (3Y) 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.
−7.8%
Avg. growth/yr (5Y) 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.
+46.2%
Avg. growth/yr (26Y) 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.
−5.4%
Revenue −20.2%/yr
FY21 HK$309M
FY22 HK$160M
FY23 HK$212M
FY24 HK$122M
FY25 HK$125M
Net income
FY21 −HK$441M
FY22 −HK$1.5B
FY23 −HK$1.2B
FY24 −HK$760M
FY25 −HK$372M

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Cite: Fair Value Calculator (2026). "Tai United Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0718

Peer Group

Medical Distribution · 77 stocks

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.

Quality Score 51 · Below median
Fair Value upside +38% · Above median
Return on assets 0% · Bottom 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 25% · Top 25%

Valuation Multiples vs Medical Distribution median · lower = cheaper

P/S (TTM) 0.17× · Cheaper than 75% of peers
P/FCF 1.1× · Cheaper than median
PEG 1.67× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 84 · sector 31
FUTURE 100 · sector 17
PAST 0 · sector 22
HEALTH 100 · sector 97
DIVIDEND 0 · sector 53

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Medical Distribution stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
McKesson Corporation MCK $878.73 $819.31 -7%
Cencora, Inc COR $314.17 $211.07 -33%
Cardinal Health, Inc CAH $234.16 $141.77 -39%
Henry Schein, Inc HSIC $90.74 $71.70 -21%
Shanghai Pharmaceuticals Holding 601607 ¥16.56 ¥33.96 +105%
Sinopharm Group 1099 HK$16.75 HK$58.67 +250%
Galenica AG GALE CHF 80.85 CHF 61.79 -24%
Guangzhou Baiyunshan Pharmaceutical Holdings 600332 ¥21.49 ¥28.65 +33%
Jointown Pharmaceutical Group 600998 ¥5.04 ¥9.84 +95%
Asker Healthcare Group ASKER kr 80.00 kr 28.26 -65%

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Frequently asked questions

Is Tai United Holdings (0718) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0438 versus a price of HK$0.0290, about +51% (undervalued).
What is the fair value of 0718?
Our model-based fair value for Tai United Holdings is HK$0.0438 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0290.
What is the quality score of 0718?
Tai United Holdings has a Quality Score of 51/100. 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 revenue of Tai United Holdings (0718)?
Tai United Holdings reported trailing-twelve-month revenue of about HK$126M (latest available figure, as of Aug 13, 2026).

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.

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