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CEC International Holdings (0759) Fair Value & Analysis

Consumer Defensive · HK · Market cap HK$151M

CI CEC International Holdings 0759 · HK
PriceHK$0.2210
Fair ValueHK$0.2320
Upside+5.0%
Quality61/100
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Weak Growth
Loss-making · -2.4% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/11)
Narrow moat 5/100
Evidence: Medium Range HK$0.1695 – HK$0.2953 Share as image

Fair value as of: Aug 13, 2026

From 11 valuation models · updated 2 days ago

Share price −7.1% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from HK$0.1695 (bear) to HK$0.2953 (bull), base HK$0.2320. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 61/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

HK$0.8477 HK$0.1020 Fair Value HK$0.2320 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$0.1020 – HK$0.8477 · fair‑value band HK$0.1695 – HK$0.2953 · the HK$0.2210 price screens below the HK$0.2320 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

CEC International Holdings (0759) currently trades at HK$0.2210, while our model-based Fair Value estimate is HK$0.2320, implying the stock looks roughly 5.0% fairly valued today. The Quality Score stands at 61/100 (solid quality), in the Consumer Defensive 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: medium), always confirm before acting.

Over the trailing twelve months, CEC International Holdings generated revenue of HK$1.5B at a net margin of -2.4%. Revenue grew 1.1% year over year. It earns a return on equity of -7.8%. Net debt stands at HK$157M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.1695 (bear case) to HK$0.2953 (bull case); at HK$0.2210, 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 61% below its 52-week high and 97% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -28% fair-value upside, at 5%, 0759 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$1.93 HK$2.34 HK$2.91 80
Rev-Margin DCF HK$2.01 HK$2.88 HK$3.90 74
EV/EBITDA HK$2.38 HK$3.14 HK$3.91 54
All 11 models by family
DCF Models
FCF DCF HK$1.90 HK$2.34 HK$2.99 38
Owner Earnings HK$1.62 HK$2.00 HK$2.55 31
5Y Revenue Exit HK$2.01 HK$2.84 HK$3.97 39
5Y EBITDA Exit HK$1.99 HK$2.80 HK$3.81 41
10Y Revenue Exit HK$1.90 HK$2.54 HK$3.28 36
10Y EBITDA Exit HK$1.93 HK$2.52 HK$3.19 37
Multiples
EV/EBITDA HK$2.38 HK$3.14 HK$3.91 54
EV/Revenue HK$2.27 HK$3.20 HK$4.14 43
Asset-Based
NCAV (Graham) HK$0.3300 HK$0.4400 HK$0.6600 50
Growth DCF
Growth DCF HK$1.93 HK$2.34 HK$2.91 80
Rev-Margin DCF HK$2.01 HK$2.88 HK$3.90 74

Widest divergence: Multiples (HK$3.14) versus Asset-Based (HK$0.4400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$1.5B
Revenue growth (YoY) +1.1%
Net margin -2.4%
Return on equity -7.8%
Free cash flow HK$160M FY2025
Operating margin -1.8%
More key figures
EPS (TTM) HK$-0.0200
EPS growth (YoY) -99.0%
Net debt HK$157M FY2025

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 64 · Market factors (momentum, volatility) 40

Profitability 40
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 27
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

CEC International Holdings Limited, an investment holding company, retails food and beverage, and household and personal care products in the People's Republic of China and internationally. The company operates through three segments: Retail Business, Electronic Components Manufacturing, and Investment Property Holdings.

Full company description

CEC International Holdings Limited, an investment holding company, retails food and beverage, and household and personal care products in the People's Republic of China and internationally. The company operates through three segments: Retail Business, Electronic Components Manufacturing, and Investment Property Holdings. It retails daily necessities, including snacks, food, groceries, and household and personal care products, as well as frozen food, alcoholic beverages, and kitchenware through its stores. The company is also involved in the design, development, manufacture, and sale of various electronic components, including coils, inductors, transformers, line filters, and electrolytic capacitors, as well as ferrite and electro ceramics materials, plastic and metal parts, and electrolytic capacitors for use in power supply devices, telecommunication equipment, information technology equipment, data networking products, digital audiovisual products, home appliances and automation equipment, audio and visual products, and handheld multimedia equipment. In addition, it engages in property investment activities; provision of information technology and packaging of food products services; trading and wholesale of food and household products; and manufacture of bottled water. The company was founded in 1979 and is headquartered in Kwun Tong, Hong Kong. CEC International Holdings Limited is a subsidiary of Ka Yan China Development (Holding) Company Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CEC International Holdings reported revenue of HK$1.4B in FY2025 versus HK$2.1B in FY2021, a compound −9.0%/yr. Reported net income was −HK$43.8M in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$1.4B
Latest YoY
−1.7%
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.
−10.4%
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.
−5.9%
Avg. growth/yr (25Y) 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.
+6.9%
Revenue −9.0%/yr
FY21 HK$2.1B
FY22 HK$2.0B
FY23 HK$1.7B
FY24 HK$1.5B
FY25 HK$1.4B
Net income
FY21 HK$32.3M
FY22 HK$39.9M
FY23 HK$49.6M
FY24 −HK$29.8M
FY25 −HK$43.8M

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Cite: Fair Value Calculator (2026). "CEC International Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0759

Peer Group

Grocery Stores · 82 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 61 · Above median
Fair Value upside +4% · Above median
Return on assets -1% · Bottom 25%
Net margin (TTM) -2% · Bottom 25%
Operating margin (TTM) -2% · Bottom 25%
Revenue growth 1% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Grocery Stores median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
PEG 0.66× · Cheaper than 75% of peers

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 39 · sector 36
FUTURE 6 · sector 17
PAST 0 · sector 51
HEALTH 100 · sector 92
DIVIDEND 0 · sector 52

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 Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Loblaw Companies Limited L C$62.09 C$44.44 -28%
Koninklijke Ahold Delhaize N.V AD €31.87 €53.50 +68%
The Kroger Co KR $56.06 $28.19 -50%
Woolworths Group WOW A$39.72 A$8.33 -79%
George Weston Limited WN C$99.75 C$147.70 +48%
Coles Group COL A$23.44 A$15.86 -32%
Metro Inc MRU C$89.98 C$94.01 +4%
Carrefour SA CA €15.73 €11.19 -29%
CP ALL Public Company TCPD 1.85 SGD 2.36 SGD +28%
BIM Birlesik Magazalar A.S., BIMAS 385.75 TRY 267.12 TRY -31%

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Frequently asked questions

Is CEC International Holdings (0759) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.2320 versus a price of HK$0.2210, about +5% (fairly valued).
What is the fair value of 0759?
Our model-based fair value for CEC International Holdings is HK$0.2320 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.2210.
What is the quality score of 0759?
CEC International Holdings has a Quality Score of 61/100. 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 CEC International Holdings (0759)?
CEC International Holdings reported trailing-twelve-month revenue of about HK$1.5B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0759?
The net profit margin of CEC International Holdings is about -2.4%, 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.

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