IGG Inc (0799) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of IGG Inc HK$12.44, price HK$3.00, upside +314.7%, quality 70 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch IGG Inc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range HK$1.89 – HK$10.78 · fair‑value band HK$8.02 – HK$16.17 · the HK$3.00 price screens below the HK$12.44 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Follow IGG in your weekly email
Every Wednesday you see whether IGG is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
IGG Inc, an investment holding company, develops and operates mobile and online games in Asia, North America, Europe, and internationally. The company offers mobile, and client and browser based PC online games, including lords mobile; doomsday: last survivors; viking rise; and other.
Show more
IGG Inc, an investment holding company, develops and operates mobile and online games in Asia, North America, Europe, and internationally. The company offers mobile, and client and browser based PC online games, including lords mobile; doomsday: last survivors; viking rise; and other. It also licenses online games; researches, develops, and operates mobile application; and provides customer support, technical maintenance, and technical support services. IGG Inc was founded in 2006 and is headquartered in Singapore.
Stock analysis
IGG Inc (0799) currently trades at HK$3.00, while our model-based Fair Value estimate is HK$12.44, implying the stock looks roughly 75.9% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of HK$12.44 per share, and 23 of the 24 models we run sit above the HK$3.00 price.
Bear case: the Asset-Based group reads lowest at HK$2.07, and 1 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$8.02 (bear) to HK$16.17 (bull), the price of HK$3.00 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 70/100 (solid quality), in the Communication Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
IGG Inc reported revenue of HK$5.5B in FY2025 versus HK$6.1B in FY2021, a compound −2.4%/yr. Reported net income was HK$580M in FY2025, compounding +11.9%/yr from FY2021.
Key figures
Market cap HK$3.4B (≈ $438M) · P/E ratio 6.4 · P/S ratio 0.67 · EPS (TTM) HK$0.2800 · Net margin 10.6% · Return on equity 17.8% · Return on assets (EBIT) 7.7% · Operating margin 10.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 44% fair-value upside, at 315%, 0799 screens cheaper than that median.
Fair Value models
Bear HK$8.02Fair Value HK$12.44Bull HK$16.17
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−4.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+6.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+0.1%
Start year 2020 (pandemic). Over 10 years: +13.3% a year
Revenue growth 14 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+44.7%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
−11.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.0%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−12.9% vs 3.5%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.43% → 13%
2025 sits 80% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−32.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Hong Kong: IMF forecast 2.1% a year to 2030, 1.8% from 2016 to 2025) that is about −33.4% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Electronic Gaming & Multimedia · 133 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "IGG Inc Fair Value". https://www.fairvalue-calculator.com/stock/0799
Frequently asked questions
Is IGG Inc (0799) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of HK$12.44 versus a price of HK$3.00, about +315% upside (undervalued).
What is the fair value of 0799?
Our model-based fair value for IGG Inc is HK$12.44 (as of Sep 24, 2026), built from audited fundamentals. The current price: HK$3.00.
What is the quality score of 0799?
IGG Inc has a Quality Score of 70/100. 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 price target for IGG Inc (0799)?
Our model-based price target is the fair value of HK$12.44 (as of Sep 24, 2026) from 24 valuation models. Cautious scenario HK$8.02, optimistic scenario HK$16.17. It is a calculation from audited fundamentals, not an analyst target.
What is the IGG Inc stock forecast for 2026?
Our models put fair value at HK$12.44, about +315% upside versus a price of HK$3.00 (undervalued). Cautious scenario HK$8.02, optimistic scenario HK$16.17. The calculation is refreshed regularly with new filings.
What is the revenue of IGG Inc (0799)?
IGG Inc reported trailing-twelve-month revenue of about HK$5.5B (latest available figure, as of Sep 24, 2026).
What growth is priced into IGG Inc (0799)?
For today's price to be fair in a discounted-cash-flow model, IGG Inc would have to grow free cash flow by -32.0 % per year for five years (discount rate 11.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +0.1 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 0799 use?
Our models discount IGG Inc at 11.9 %: a base by market capitalisation (small), damped by beta 1.04, country premium for Hong Kong. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For IGG Inc that is -32.0 % per year a year over ten years, using the same discount rate (11.9 %) and the same formula as our fair value.
How much growth has IGG Inc (0799) delivered so far?
Over the past 5 years revenue at IGG Inc grew +0.1 % a year. The price currently implies -32.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of IGG Inc (0799) growing?
The median revenue growth in the sector is +2.9 % a year. That is the yardstick for the growth priced into IGG Inc (-32.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of IGG Inc (0799)?
The free-cash-flow yield on the price is 15.24 %: that much free cash flow IGG Inc produces per unit of market value. When it exceeds the discount rate of our models (11.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of IGG Inc (0799)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For IGG Inc it is HK$12.44 per share (as of Sep 24, 2026), against a price of HK$3.00. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is IGG Inc stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0799 trades below its calculated fair value: price HK$3.00, fair value HK$12.44, a gap of about +315% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0799?
No. The price is what the market pays today (HK$3.00); the fair value is what the company's own numbers justify (HK$12.44). For IGG Inc the two are HK$9.44 per share apart. That gap is exactly why we show both numbers side by side.
How much is IGG Inc worth?
The market values IGG Inc at about HK$3.4B (market capitalisation, as of Sep 24, 2026). Per share that is HK$3.00; our models calculate a fair value of HK$12.44 per share.
What do the bullish and bearish scenarios say about 0799?
Our models span a range for IGG Inc: cautious scenario HK$8.02, base HK$12.44, optimistic HK$16.17 per share (as of Sep 24, 2026, price HK$3.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0799?
IGG Inc trades at a price-to-earnings ratio of 6.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$12.44 is built from several models across several years. Other multiples: P/B 1.0, P/S 0.6, EV/EBITDA 1.5.
How solid is the balance sheet of IGG Inc (0799)?
Balance-sheet figures for IGG Inc (as of Sep 24, 2026): return on equity 17.8%. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is 0799 from its 52-week high?
IGG Inc trades at HK$3.00, about 33% below its 52-week high of HK$4.49 and 4% above the low of HK$2.88 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of HK$12.44 is for.
Which stocks are comparable to IGG Inc?
From the same area (Communication Services) we also value NetEase, Inc, Take-Two Interactive Software, Inc, Roblox Corporation, Zhejiang Century Huatong Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is IGG Inc stock attractive at the current price?
The data as of Sep 24, 2026: price HK$3.00, calculated fair value HK$12.44 (+315%), Quality Score 70/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0799 calculated?
We run IGG Inc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of HK$12.44, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. IGG Inc currently trades 76 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of IGG Inc (0799)?
The closing price on Oct 2, 2026 was HK$3.00. Our model-based fair value is HK$12.44, about +315% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with IGG Inc right now?
The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case (HK$8.02). 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. A fairly wide model range (HK$8.02 to HK$16.17) leaves room in how you read the outcome.
Where does the earnings growth of IGG Inc (0799) come from?
Earnings per share at IGG Inc grew +0.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +15.2 %, EBIT margin −11.5 %, tax rate −1.2 %, residual (interest, one-offs) +0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of IGG Inc
How large is the market capitalisation of IGG Inc (0799)?
The market capitalisation of IGG Inc is HK$3.4B (≈ $438M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of IGG Inc (0799)?
The price-to-sales ratio of IGG Inc is 0.67 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of IGG Inc (0799)?
Earnings per share at IGG Inc are HK$0.2800 (price ÷ EPS = P/E 6.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of IGG Inc (0799)?
The net margin of IGG Inc is 10.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of IGG Inc (0799)?
The return on equity (ROE) of IGG Inc is 17.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of IGG Inc (0799)?
On an EBIT basis the return on assets of IGG Inc is 7.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of IGG Inc (0799)?
The operating margin of IGG Inc is 10.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at IGG Inc (0799)?
Revenue at IGG Inc is growing −7.5% versus a year earlier (3y avg +6.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at IGG Inc (0799)?
Earnings per share at IGG Inc are growing +5.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does IGG Inc (0799) hold?
IGG Inc holds more cash than debt, HK$2.4B net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch IGG Inc in the live analysis
One click puts IGG Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
