EN DE
Watch New Gonow Recreational for free: we tell you when fair value or trend changes.
Data-driven stock valuation

New Gonow Recreational (0805) fair value: what the stock is really worth

As of Nov 5, 2026: fair value (intrinsic value) of New Gonow Recreational stock HK$5.73, price HK$10.84, that is 47.1% below the price, quality 29 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Consumer Cyclical HK · Based in China

NG New Gonow Recreational logo Thin data Nov 4, 2026

New Gonow Recreational

0805 · HK
Very expensive, weak quality

Our calculation puts a fair price 47% below what the stock costs today.

Low debt
Expensive Growth (revenue 3y +19.4 %/yr in CNY)
Thin margins · 0.7% net margin (TTM)
Mixed vs. peers (4/10)
Profit last quarter 79% below a year ago.
Fair value HK$5.73 · Strongly overvalued (−47.1%)
Quality 29/100
Negative free cash flow
Narrow moat 28/100 · thin data
Thin data
Watch New Gonow Recreational for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

HK$15.09 HK$0.8800 Fair Value HK$5.73 Jan 2025 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.

How to read this chart

22‑month range HK$0.8800 – HK$15.09 · fair‑value band HK$3.69 – HK$7.45 · the HK$10.84 price screens above the HK$5.73 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.

Follow New Gonow Recreational in your weekly email

Every Wednesday you see whether New Gonow Recreational 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.

Which stocks are undervalued right now? Check free Discover now →

Company profile

New Gonow Recreational Vehicles Inc., an investment holding company, designs, develops, manufactures, and sells recreational vehicles (RVs) in Australia and New Zealand. It also provides after-sales services. The company offers caravans under the Snowy River, Regent, and NEWGEN brand names.

Show moreShow less

It sells and distributes its products through third-party dealer stores, self-owned stores, and joint venture stores, as well as online. New Gonow Recreational Vehicles Inc. was founded in 2014 and is headquartered in Jiaxing, the People's Republic of China.

New Gonow Recreational Vehicles Inc. operates as a subsidiary of Snowy Limited.

Stock analysis

New Gonow Recreational (0805) currently trades at HK$10.84, while our model-based Fair Value estimate is HK$5.73, 47% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of HK$1.02 per share, and 0 of the 15 models we run sit above the HK$10.84 price.

Bear case: the Multiples group reads lowest at HK$0.6100, and 15 of the 15 models stay below the price. Data coverage for this calculation is low.

Scenario range: HK$3.69 (bear) to HK$7.45 (bull), the price of HK$10.84 sits above 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 29/100 (below-average quality), in the Consumer Cyclical sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

New Gonow Recreational reported revenue of 849M CNY in FY2025 versus 300M CNY in FY2021, a compound +29.7%/yr. Reported net income was 30.0M CNY in FY2025, compounding +4.6%/yr from FY2021.

Key figures

Market cap HK$10.4B (≈ $1.3B) Small · P/S ratio 10.5 · Net margin 0.7% · Return on equity 2.8% · Return on assets (EBIT) 15.0% (5-year average) · Operating margin 4.7% · Revenue (TTM) 933M CNY · Revenue growth (YoY) +14.9%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).

What moves the price

The share trades about 28% below its 52-week high and 1,053% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Consumer Cyclical peers we cover trades at 47% fair-value upside, at −47%, 0805 screens richer than that median.

Fair Value models

Bear HK$3.69 Fair Value HK$5.73 Bull HK$7.45
Price HK$10.84 · Downside -47.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. 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. Coverage ⓘCoverage = 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.
Best data coverage
EPV HK$0.4300 HK$0.4400 HK$0.4600 74
Owner Earnings HK$0.6400 HK$0.9500 HK$1.52 72
ROIC Compounder HK$0.4400 HK$0.4800 HK$0.5100 69
All 15 models by family
DCF Models
Owner Earnings HK$0.6400 HK$0.9500 HK$1.52 72
Earnings-Based
Graham-Dodd HK$0.2500 HK$1.73 HK$2.43 60
Lynch FV HK$0.5100 HK$0.7300 HK$0.9500 58
PEG = 1.0 HK$0.5100 HK$0.7300 HK$0.9500 55
EPV HK$0.4300 HK$0.4400 HK$0.4600 74
Multiples
P/E Multiple HK$0.6100 HK$0.8100 HK$1.01 63
P/S Multiple HK$0.4700 HK$0.6200 HK$0.7800 58
P/B Multiple HK$1.22 HK$1.63 HK$2.04 55
EV/EBIT HK$0.3500 HK$0.4400 HK$0.5200 66
EV/EBITDA HK$0.4700 HK$0.6000 HK$0.7200 67
EV/Revenue HK$0.2700 HK$0.3400 HK$0.4200 54
Asset-Based
NCAV (Graham) HK$0.1800 HK$0.2700 HK$0.3300 55
Economic Profit
Residual Income HK$0.3200 HK$0.3400 HK$0.3800 68
ROIC Compounder HK$0.4400 HK$0.4800 HK$0.5100 69
Growth Earnings
Growth-Adj P/E HK$0.7100 HK$1.02 HK$1.32 65

Open the full fair value analysis →

Quality Score breakdown

Overall quality 29/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 45
How much profit the company makes from its sales and capital
Quality Growth 10
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 69
Debt, balance sheet and risk of trouble
Investment 33
Does it invest with discipline instead of growing at any price?
Low Volatility 0
How calm the share price moves, does not count
Price momentum 97
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 85
Distance to the 52-week high, does not count
New shares 36
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−1.8%
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.
+19.4%
What shareholders gained per year (last 5 years) ⓘ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.
+3.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.8%
Dividend (yield on the price)0.0%
Profit margin 2021 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.13% → 2%

0805 screens overvalued: fair value 47% below the price. Compare with Zhejiang Cfmoto Power Co →

Compare New Gonow Recreational with another stock

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.Recreational Vehicles · 33 stocks

Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 29 · Bottom 25%
Fair Value upside −47.1% · Bottom 25%
Profitability
Return on equity (12 months) 2.8% · Below median
Return on assets 3.5% · Above median
Net margin (12 months) 0.7% · Below median
Operating margin (12 months) 4.7% · Above median
Growth and dividend
Revenue growth (quarter YoY) 14.9% · Above median
Balance sheet
Debt / equity 0.00× · Lowest 25%

Valuation Multiplesvs Recreational Vehicles median · lower = cheaper

P/B 26.09× · Priciest 25%
P/S (12 months) 9.49× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 33
FUTURE (revenue growth)75 · sector 21
PAST (return on equity)11 · sector 17
HEALTH (low debt)100 · sector 89
DIVIDEND (yield)0 · sector 52

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

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

Similar stocks

10 more Recreational Vehicles stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Polaris Inc PII $63.07 $127.85 +103% vs 0805
Trigano S.A TRI €135.60 €274.15 +102% vs 0805
Harley-Davidson, Inc HOG $32.66 $65.04 +99% vs 0805
LCI Industries, LCII $97.81 $167.42 +71% vs 0805
Zhejiang Cfmoto Power Co 603129 ¥317.58 ¥465.45 +47% vs 0805
Patrick Industries, Inc PATK $78.79 $88.30 +12% vs 0805
BRP Inc DOO $64.72 $71.19 +10% vs 0805
Sanlorenzo S.p.A SL €36.52 €36.35 +0% vs 0805
THOR Industries, Inc THO $80.77 $64.20 −21% vs 0805
Brunswick Corporation BC $77.23 $59.39 −23% vs 0805

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Evidence & backtest34 years, failed companies included Financial calculatorsDCF, Graham, PEG and more
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

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.

New Gonow Recreational: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "New Gonow Recreational Fair Value". https://www.fairvalue-calculator.com/stock/0805

Frequently asked questions

Is New Gonow Recreational (0805) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of HK$5.73 versus a price of HK$10.84, about 47% lower (overvalued).
What is the fair value of 0805?
Our model-based fair value for New Gonow Recreational is HK$5.73 (as of Nov 4, 2026), built from audited fundamentals. The current price: HK$10.84.
What is the quality score of 0805?
New Gonow Recreational has a Quality Score of 29/100. 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 New Gonow Recreational (0805)?
Our model-based price target is the fair value of HK$5.73 (as of Nov 4, 2026) from 15 valuation models. Cautious scenario HK$3.69, optimistic scenario HK$7.45. It is a calculation from audited fundamentals, not an analyst target.
What is the New Gonow Recreational stock forecast for 2026?
Our models put fair value at HK$5.73, about 47% lower versus a price of HK$10.84 (overvalued). Cautious scenario HK$3.69, optimistic scenario HK$7.45. The calculation is refreshed regularly with new filings.
What is the revenue of New Gonow Recreational (0805)?
New Gonow Recreational reported trailing-twelve-month revenue of about 933M CNY (latest available figure, as of Nov 4, 2026).
What is the intrinsic value of New Gonow Recreational (0805)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For New Gonow Recreational it is HK$5.73 per share (as of Nov 4, 2026), against a price of HK$10.84. It is the blended result of 15 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is New Gonow Recreational stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 0805 trades above its calculated fair value: price HK$10.84, fair value HK$5.73, a gap of about −47% (overvalued). 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 0805?
No. The price is what the market pays today (HK$10.84); the fair value is what the company's own numbers justify (HK$5.73). For New Gonow Recreational the two are HK$5.11 per share apart. That gap is exactly why we show both numbers side by side.
How much is New Gonow Recreational worth?
The market values New Gonow Recreational at about HK$10.4B (market capitalisation, as of Nov 4, 2026). Per share that is HK$10.84; our models calculate a fair value of HK$5.73 per share.
What do the bullish and bearish scenarios say about 0805?
Our models span a range for New Gonow Recreational: cautious scenario HK$3.69, base HK$5.73, optimistic HK$7.45 per share (as of Nov 4, 2026, price HK$10.84). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of New Gonow Recreational (0805)?
Balance-sheet figures for New Gonow Recreational (as of Nov 4, 2026): return on equity 2.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 29/100, which measures business quality independently of the share price.
How far is 0805 from its 52-week high?
New Gonow Recreational trades at HK$10.84, about 28% below its 52-week high of HK$15.09 and 1,053% above the low of HK$0.9400 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of HK$5.73 is for.
Which stocks are comparable to New Gonow Recreational?
From the same area (Consumer Cyclical) we also value Zhejiang Cfmoto Power Co, Brunswick Corporation, BRP Inc, THOR Industries, Inc, 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 New Gonow Recreational stock attractive at the current price?
The data as of Nov 4, 2026: price HK$10.84, calculated fair value HK$5.73 (−47%), Quality Score 29/100, from 15 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 0805 calculated?
We run New Gonow Recreational through 15 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of HK$5.73 builds on their evidence-weighted average, 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 13.0% above its aggregate fair value. New Gonow Recreational itself currently trades above fair value. 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 New Gonow Recreational (0805)?
The closing price on Nov 5, 2026 was HK$10.84. Our model-based fair value is HK$5.73, about 47% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with New Gonow Recreational right now?
The price sits above even our optimistic bull case (HK$7.45). The favourable scenario is already priced in. Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts. 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$3.69 to HK$7.45) leaves room in how you read the outcome.

Key figures of New Gonow Recreational

How large is the market capitalisation of New Gonow Recreational (0805)?
The market capitalisation of New Gonow Recreational is HK$10.4B (≈ $1.3B). 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 New Gonow Recreational (0805)?
The price-to-sales ratio of New Gonow Recreational is 10.5 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of New Gonow Recreational (0805)?
The net margin of New Gonow Recreational is 0.7% (last twelve months). 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 New Gonow Recreational (0805)?
The return on equity (ROE) of New Gonow Recreational is 2.8% (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 New Gonow Recreational (0805)?
On an EBIT basis the return on assets of New Gonow Recreational is 15.0% (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 New Gonow Recreational (0805)?
The operating margin of New Gonow Recreational is 4.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at New Gonow Recreational (0805)?
Revenue at New Gonow Recreational is growing +14.9% versus a year earlier (3y avg +19.4%). 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 New Gonow Recreational (0805)?
Earnings per share at New Gonow Recreational are growing −78.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does New Gonow Recreational (0805) generate?
The free cash flow of New Gonow Recreational is −78.6M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does New Gonow Recreational (0805) hold?
New Gonow Recreational holds more cash than debt, 77.9M CNY net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch New Gonow Recreational in the live analysis

One click puts New Gonow Recreational on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.