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0738 (0738) Fair Value & Analysis

Consumer Cyclical · Market cap HK$184M

0 0738 0738 · HK
PriceHK$0.2650
Fair ValueHK$0.4500
Upside+69.8%
Quality58/100
Evidence: Low Range HK$0.3000 – HK$0.5600

Fair value as of: Jul 2, 2026

From 3 valuation models · updated today

Share price −8.6% over the past month.

Price vs Fair Value (12 months)

HK$0.3750 HK$0.2180 Fair Value HK$0.4500 Jun 2025 Jun 2026

12‑month range HK$0.2180 – HK$0.3750 · fair‑value band HK$0.3000 – HK$0.5600 · the HK$0.2650 price screens below the HK$0.4500 fair value. As of Jul 2, 2026.

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Analysis

0738 (0738) currently trades at HK$0.2650, while our model-based Fair Value estimate is HK$0.4500 — implying the stock looks roughly 69.8% undervalued today. We read business quality at 58/100 (solid quality), in the Consumer Cyclical 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.

Over the trailing twelve months, 0738 generated revenue of HK$178M at a net margin of -32.8%. Revenue declined 42.8% year over year. It earns a return on equity of -13.2%. The balance sheet holds a net cash position of HK$271M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$178M
Revenue growth (YoY) -42.8%
Net margin -32.8%
Return on equity -13.2%
Free cash flow −HK$40.0M FY2026
Operating margin -22.6%
More key figures
EPS (TTM) HK$-0.0400
EPS growth (YoY) -96.2%
Net cash HK$271M FY2026

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

0738 reported revenue of HK$171M in FY2026 versus HK$569M in FY2022, a compound −25.9%/yr. Reported net income was −HK$56.2M in FY2026.

Revenue −25.9%/yr
FY22 HK$569M
FY23 HK$413M
FY24 HK$401M
FY25 HK$294M
FY26 HK$171M
Net income
FY22 HK$3.0M
FY23 −HK$50.3M
FY24 −HK$23.5M
FY25 −HK$101M
FY26 −HK$56.2M

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Similar stocks

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

Stock Price Fair Value vs Fair Value
NIKE, Inc NKE €39.88 €32.06 -20%
adidas AG ADDYY $99.68 $63.37 -36%
ASICS Corporation ASCCY $26.56 $19.43 -27%
Deckers Outdoor Corporation DECK $105.57 $172.88 +64%
On Holding ONON $38.32 $21.64 -44%
Zhejiang China Commodities City Group 600415 ¥10.63 ¥18.58 +75%

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Frequently asked questions

Is 0738 (0738) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$0.4500 versus a price of HK$0.2650 — about +70% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 0738?
Our model-based fair value for 0738 is HK$0.4500 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.2650.
What is the quality score of 0738?
0738 has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 0738 (0738)?
0738 reported trailing-twelve-month revenue of about HK$178M (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 0738?
The net profit margin of 0738 is about -32.8%, 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.