EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

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

As of Sep 22, 2026: fair value of New Gonow Recreational HK$4.87, price HK$9.30, upside -47.6%, quality 31 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Consumer Cyclical · HK

NG Some data Sep 24, 2026

New Gonow Recreational

0805 · HK

Weakest SetupStrongly overvalued and low quality.

!Fair value HK$4.87 · Strongly overvalued (−48%)
!Quality 31/100
!Expensive Growth (revenue 3y +19.4 %/yr)
!Thin margins · 3.5% net margin (TTM)
!Low debt · negative free cash flow
!Mixed vs. peers (5/11)
!Narrow moat 33/100
!Evidence only medium, so the estimate is less certain
!Weak on future: 20 out of 100

What runs behind every stock

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

Price vs Fair Value

HK$10.00 HK$0.8800 Fair Value HK$4.87 Jan 2025 Sep 2026

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

20‑month range HK$0.8800 – HK$10.00 · fair‑value band HK$3.14 – HK$6.27 · the HK$9.30 price screens above the HK$4.87 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 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 more

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. 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$9.30, while our model-based Fair Value estimate is HK$4.87, implying the stock looks roughly 90.9% overvalued today.

Show more

Valuation

Bull case: the DCF Models group reads highest at a median of HK$1.84 per share, and 0 of the 15 models we run sit above the HK$9.30 price.

Bear case: the Multiples group reads lowest at HK$0.5300, and 15 of the 15 models stay below the price. Evidence for this calculation is medium.

Scenario range: HK$3.14 (bear) to HK$6.27 (bull), the price of HK$9.30 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 31/100 (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$8.9B (≈ $1.1B) · P/E ratio 310.0 · P/S ratio 11.0 · EPS (TTM) HK$0.0300 · Net margin 3.5% · Return on equity 16.8% · Return on assets (EBIT) 15.0% · Operating margin −2.1%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (low confidence).

What moves the price

The share trades near its 52-week high.

For context, the median of 10 Consumer Cyclical peers we cover trades at 52% fair-value upside, at −48%, 0805 screens richer than that median.

Fair Value models

Bear HK$3.14 Fair Value HK$4.87 Bull HK$6.27
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (HK$0.0219 per share) are deliberately not added. 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 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.
Highest evidence
EPV HK$0.3900 HK$0.4000 HK$0.4200 74
Owner Earnings HK$0.9900 HK$1.84 HK$3.57 69
ROIC Compounder HK$0.4100 HK$0.4700 HK$0.5200 69
All 15 models by family
DCF Models
Owner Earnings HK$0.9900 HK$1.84 HK$3.57 69
Earnings-Based
Graham-Dodd HK$0.2100 HK$1.47 HK$2.07 60
Lynch FV HK$0.4300 HK$0.6200 HK$0.8100 58
PEG = 1.0 HK$0.4300 HK$0.6200 HK$0.8100 55
EPV HK$0.3900 HK$0.4000 HK$0.4200 74
Multiples
P/E Multiple HK$0.5200 HK$0.6900 HK$0.8600 63
P/S Multiple HK$0.4000 HK$0.5300 HK$0.6600 58
P/B Multiple HK$0.4000 HK$0.5300 HK$0.6600 55
EV/EBIT HK$0.5000 HK$0.5700 HK$0.6400 66
EV/EBITDA HK$0.6000 HK$0.7000 HK$0.8100 67
EV/Revenue HK$0.4200 HK$0.4900 HK$0.5500 54
Asset-Based
NCAV (Graham) HK$0.1800 HK$0.2400 HK$0.3500 54
Economic Profit
Residual Income HK$0.3000 HK$0.3200 HK$0.4000 68
ROIC Compounder HK$0.4100 HK$0.4700 HK$0.5200 69
Growth Earnings
Growth-Adj P/E HK$0.6100 HK$0.8700 HK$1.13 65

Open the full fair value analysis →

Notify me when 0805 reaches fair value

Put 0805 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 31/100

Of which business quality 34 · Market factors (momentum, volatility) 70

Profitability 45
Margins and returns on capital today
Quality Growth 10
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 43
Share count: buybacks or dilution?

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. 57/100
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 91% overvalued. 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 GroupHow 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 · 40 stocks

Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 31 · Bottom 25%
Fair Value upside −48% · Bottom 25%
Profitability
Return on equity (TTM) 17% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) −2% · Below median
Growth and dividend
Revenue growth 4% · Above median
Balance sheet
Debt / equity 0.00× · Lowest 25%

Valuation Multiplesvs Recreational Vehicles median · lower = cheaper

P/E (TTM) 310.0× · Priciest 25%
P/B 26.11× · Priciest 25%
P/S (TTM) 10.16× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 33
FUTURE (revenue growth)20 · sector 0
PAST (return on equity)67 · sector 14
HEALTH (low debt)100 · sector 89
DIVIDEND (yield)0 · sector 59

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
Zhejiang Cfmoto Power Co 603129 ¥306.36 ¥465.45 +52%
Brunswick Corporation BC $66.59 $59.90 −10%
BRP Inc DOO $57.90 $63.69 +10%
Polaris Inc PII $53.97 $129.29 +140%
THOR Industries, Inc THO $73.80 $97.14 +32%
Trigano S.A TRI €132.90 €273.48 +106%
Patrick Industries, Inc PATK $71.06 $85.54 +20%
Harley-Davidson, Inc HOG $26.03 $64.09 +146%
LCI Industries, LCII $87.92 $167.42 +90%
Sanlorenzo S.p.A SL €36.80 €36.55 −1%

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 Stocks

Try a ready-made strategy

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

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 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

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.

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 Sep 24, 2026, our model estimates a fair value of HK$4.87 versus a price of HK$9.30, about −48% upside (overvalued).
What is the fair value of 0805?
Our model-based fair value for New Gonow Recreational is HK$4.87 (as of Sep 24, 2026), built from audited fundamentals. The current price: HK$9.30.
What is the quality score of 0805?
New Gonow Recreational has a Quality Score of 31/100. 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$4.87 (as of Sep 24, 2026) from 15 valuation models. Cautious scenario HK$3.14, optimistic scenario HK$6.27. 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$4.87, about −48% upside versus a price of HK$9.30 (overvalued). Cautious scenario HK$3.14, optimistic scenario HK$6.27. 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 HK$871M (latest available figure, as of Sep 24, 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$4.87 per share (as of Sep 24, 2026), against a price of HK$9.30. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is New Gonow Recreational stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0805 trades above its calculated fair value: price HK$9.30, fair value HK$4.87, a gap of about −48% (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$9.30); the fair value is what the company's own numbers justify (HK$4.87). For New Gonow Recreational the two are HK$4.43 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$8.9B (market capitalisation, as of Sep 24, 2026). Per share that is HK$9.30; our models calculate a fair value of HK$4.87 per share.
What do the bullish and bearish scenarios say about 0805?
Our models span a range for New Gonow Recreational: cautious scenario HK$3.14, base HK$4.87, optimistic HK$6.27 per share (as of Sep 24, 2026, price HK$9.30). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0805?
New Gonow Recreational trades at a price-to-earnings ratio of 310.0 (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$4.87 is built from several models across several years. Other multiples: P/B 26.1, P/S 10.2.
How solid is the balance sheet of New Gonow Recreational (0805)?
Balance-sheet figures for New Gonow Recreational (as of Sep 24, 2026): return on equity 16.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 31/100, which measures business quality independently of the share price.
How far is 0805 from its 52-week high?
New Gonow Recreational trades at HK$9.30, about 45% below its 52-week high of HK$6.41 and 911% above the low of HK$0.9200 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of HK$4.87 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, Polaris 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 Sep 24, 2026: price HK$9.30, calculated fair value HK$4.87 (−48%), Quality Score 31/100, 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 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$4.87, 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 14.1 % 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 Sep 22, 2026 was HK$9.30. Our model-based fair value is HK$4.87, about −48% upside (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$6.27). The favourable scenario is already priced in. Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (HK$3.14 to HK$6.27) 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$8.9B (≈ $1.1B). 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 11.0 (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 New Gonow Recreational (0805)?
Earnings per share at New Gonow Recreational are HK$0.0300 (price ÷ EPS = P/E 310.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of New Gonow Recreational (0805)?
The net margin of New Gonow Recreational is 3.5% (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 New Gonow Recreational (0805)?
The return on equity (ROE) of New Gonow Recreational is 16.8% (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 −2.1% (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 +3.9% 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 −97.7% 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 −HK$78.6M (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, HK$77.9M 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 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

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