Le Saunda Holdings (0738) Fair Value & Analysis
Consumer Cyclical · HK · Market cap HK$184M
Fair value as of: Aug 13, 2026
From 3 valuation models · updated 2 days ago
Share price +4.8% over the past month.
A solid business, screening 38% undervalued on our models.
What matters now
- 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 (53/100) at a price below fair value, the discount is the argument here, not the business quality.
- A fairly wide model range (HK$0.3000 to HK$0.5600) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
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$0.2180 – HK$1.08 · fair‑value band HK$0.3000 – HK$0.5600 · the HK$0.3250 price screens below the HK$0.4500 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Le Saunda Holdings (0738) currently trades at HK$0.3250, while our model-based Fair Value estimate is HK$0.4500, implying the stock looks roughly 38.5% undervalued today. The Quality Score stands at 53/100 (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, Le Saunda Holdings 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 Aug 13, 2026
Our scenario range runs from HK$0.3000 (bear case) to HK$0.5600 (bull case); at HK$0.3250, the current price sits within 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 13% below its 52-week high and 50% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at 38%, 0738 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.
All 3 models by family
Widest divergence: Asset-Based (HK$0.3900) versus Dividend Discount (HK$0.3400). Highest evidence: Gordon GGM (70).
Notify me when 0738 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 53 · Market factors (momentum, volatility) 68
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
Le Saunda Holdings Limited, an investment holding company, trades in and sells footwear and accessories in Mainland China, Hong Kong, and Macau. The company designs, develops, manufactures, and retails ladies' and men's footwear, handbags, and fashionable accessories under the LE SAUNDA, le saunda MEN, LINEA ROSA, and LE SAUNDA YOUNG brand names.
Full company description
Le Saunda Holdings Limited, an investment holding company, trades in and sells footwear and accessories in Mainland China, Hong Kong, and Macau. The company designs, develops, manufactures, and retails ladies' and men's footwear, handbags, and fashionable accessories under the LE SAUNDA, le saunda MEN, LINEA ROSA, and LE SAUNDA YOUNG brand names. The company also holds properties; provides management services; and holds and licenses trademarks and names. In addition, it is involved in wholesale, retail, and trading of shoes. The company sells its products through online channels. Le Saunda Holdings Limited was founded in 1977 and is headquartered in Quarry Bay, Hong Kong.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Le Saunda Holdings 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.
Watch 0738: get an alert when its fair value changes →
Peer Group
Footwear & Accessories · 93 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.
Valuation Multiples vs Footwear & Accessories median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| NIKE, Inc NKE | $40.51 | $35.63 | -12% |
| adidas AG 1ADS | €158.15 | €65.71 | -58% |
| Deckers Outdoor Corporation DECK | $93.84 | $125.16 | +33% |
| On Holding ONON | $30.91 | $17.53 | -43% |
| Zhejiang China Commodities City Group 600415 | ¥11.81 | ¥13.03 | +10% |
| Birkenstock Holding BIRK | $36.74 | $44.59 | +21% |
| Crocs, Inc CROX | $130.61 | $203.65 | +56% |
| Huali Industrial Group 300979 | ¥36.73 | ¥51.36 | +40% |
| PUMA SE PUM | €26.69 | €10.57 | -60% |
| Yue Yuen Industrial (Holdings) Limited 0551 | HK$13.64 | HK$4.04 | -70% |
Compare Le Saunda Holdings with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Frequently asked questions
Is Le Saunda Holdings (0738) overvalued or undervalued?
What is the fair value of 0738?
What is the quality score of 0738?
What is the revenue of Le Saunda Holdings (0738)?
What is the net profit margin of 0738?
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.
Track Le Saunda Holdings and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.