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China Electronics Optics Valley Union Holding (0798) Fair Value & Analysis

Industrials · HK · Market cap HK$972M

CE China Electronics Optics Valley Union Holding 0798 · HK
PriceHK$0.1550
Fair ValueHK$0.1800
Upside+16.1%
Quality49/100
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Expensive Growth
Thin margins · 0.8% net margin
Low debt · negative free cash flow
2.99% dividend yield
Ranks above peers (9/12)
Narrow moat 31/100
Evidence: Medium Range HK$0.1400 – HK$0.2300 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$0.0900 to HK$0.1800 (+100.0%) since Aug 5, 2026. Share price +2.0% over the past month.

Below-average quality, screening 16% undervalued on our models.

What matters now

  • Our model range runs from HK$0.1400 (bear) to HK$0.2300 (bull), base HK$0.1800. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 49/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

HK$0.5329 HK$0.1290 Fair Value HK$0.1800 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$0.1290 – HK$0.5329 · fair‑value band HK$0.1400 – HK$0.2300 · the HK$0.1550 price screens below the HK$0.1800 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

China Electronics Optics Valley Union Holding (0798) currently trades at HK$0.1550, while our model-based Fair Value estimate is HK$0.1800, implying the stock looks roughly 16.1% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Industrials 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, China Electronics Optics Valley Union Holding generated revenue of HK$3.9B at a net margin of 0.8%. Revenue grew 15.0% year over year. It earns a return on equity of 0.8%. Net debt stands at HK$7.0B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.1400 (bear case) to HK$0.2300 (bull case); at HK$0.1550, 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 41% below its 52-week high and 28% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 11% fair-value upside, at 16%, 0798 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
Residual Income HK$0.7000 HK$0.6300 HK$0.4000 76
P/E Multiple HK$0.1200 HK$0.1600 HK$0.2000 63
P/B Multiple HK$0.0600 HK$0.0800 HK$0.1000 55
All 6 models by family
Earnings-Based
Graham-Dodd HK$0.0300 HK$0.1000 HK$0.1400 54
Lynch FV HK$0.0200 HK$0.0300 HK$0.0400 50
Multiples
P/E Multiple HK$0.1200 HK$0.1600 HK$0.2000 63
P/B Multiple HK$0.0600 HK$0.0800 HK$0.1000 55
Asset-Based
NCAV (Graham) HK$0.5600 HK$0.7500 HK$1.11 50
Economic Profit
Residual Income HK$0.7000 HK$0.6300 HK$0.4000 76

Widest divergence: Asset-Based (HK$0.7500) versus Earnings-Based (HK$0.0300). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$3.9B
Revenue growth (YoY) +15.0%
Net margin 0.8%
Return on equity 0.8%
Free cash flow −HK$1.6M FY2025
P/E ratio 13.4 as of Jul 2, 2026
More key figures
Operating margin 17.3%
Dividend yield 3.0%
EPS growth (YoY) -60.2%
Net debt HK$7.0B FY2025

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

Quality Score breakdown

Overall quality 49/100

Of which business quality 46 · Market factors (momentum, volatility) 33

Profitability 13
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 90
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

China Electronics Optics Valley Union Holding Company Limited engages in the property development business in Mainland China. It operates through three segments: Industrial Park Operation Services, Industrial Park Development Services, and Industrial Investment Services.

Full company description

China Electronics Optics Valley Union Holding Company Limited engages in the property development business in Mainland China. It operates through three segments: Industrial Park Operation Services, Industrial Park Development Services, and Industrial Investment Services. The Industrial Park Operation Services segment provides design and construction services, property management services, property leasing services, energy services, incubator and office sharing services, group catering and hotel services, and apartment services. The Industrial Park Development Services segment is involved in the sale of industrial park space and self-owned park property leasing services. The Industrial Investment Services segment invests in various theme parks business. The company was formerly known as Optics Valley Union Holding Company Limited and changed its name to China Electronics Optics Valley Union Holding Company Limited in October 2016. China Electronics Optics Valley Union Holding Company Limited was founded in 2004 and is headquartered in Wuhan, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Electronics Optics Valley Union Holding reported revenue of HK$3.9B in FY2025 versus HK$4.5B in FY2021, a compound −3.6%/yr. Reported net income was HK$32.6M in FY2025, compounding −52.5%/yr from FY2021.

Growth Quality 37/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$3.9B
Latest YoY
+9.2%
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.
−10.8%
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.
+5.2%
Avg. growth/yr (15Y) 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.
+10.6%
Revenue −3.6%/yr
FY21 HK$4.5B
FY22 HK$5.5B
FY23 HK$5.2B
FY24 HK$3.6B
FY25 HK$3.9B
Net income −52.5%/yr
FY21 HK$640M
FY22 HK$536M
FY23 HK$507M
FY24 HK$95.7M
FY25 HK$32.6M
Character of growth · EPS growth decomposed (2014-2025) −12.8 % p.a.
Revenue per share +2.3 pp

of which total revenue +7.9 pp · buybacks/dilution −5.6 pp

EBIT margin −1.8 pp
Tax rate −3.7 pp
Residual (interest, one-offs) −9.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "China Electronics Optics Valley Union Holding Fair Value". https://www.fairvalue-calculator.com/stock/0798

Peer Group

Conglomerates · 385 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 50 · Above median
Fair Value upside +16% · Above median
Return on equity (TTM) 1% · Below median
Return on assets 2% · Above median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 17% · Top 25%
Revenue growth 15% · Above median
Dividend yield (TTM) 3.0% · Above median
Debt / equity 0.48× · Higher than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 13.4× · Cheaper than median
P/S (TTM) 0.03× · Cheaper than 75% of peers
EV/EBITDA 3.3× · Cheaper 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 55 · sector 27
FUTURE 75 · sector 17
PAST 3 · sector 18
HEALTH 76 · sector 89
DIVIDEND 60 · sector 46

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.

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Frequently asked questions

Is China Electronics Optics Valley Union Holding (0798) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.1800 versus a price of HK$0.1550, about +16% (undervalued).
What is the fair value of 0798?
Our model-based fair value for China Electronics Optics Valley Union Holding is HK$0.1800 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.1550.
What is the quality score of 0798?
China Electronics Optics Valley Union Holding has a Quality Score of 49/100. 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 China Electronics Optics Valley Union Holding (0798)?
China Electronics Optics Valley Union Holding reported trailing-twelve-month revenue of about HK$3.9B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0798?
The net profit margin of China Electronics Optics Valley Union Holding is about 0.8%, meaning it keeps roughly 0.8% of revenue as net income. Based on the latest reported figures.
Does China Electronics Optics Valley Union Holding pay a dividend?
China Electronics Optics Valley Union Holding currently shows a dividend yield of about 2.99% relative to its recent price (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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