Carpenter Tan Holdings Ltd (0837) fair value: what the stock is really worth
As of Sep 29, 2026: fair value of Carpenter Tan Holdings Ltd HK$11.42, price HK$5.56, upside +105.4%, quality 73 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Carpenter Tan Holdings Ltd
0837 · HKClearly undervaluedStrong Fair Value upside, but quality is only moderate.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range HK$2.63 – HK$8.44 · fair‑value band HK$7.53 – HK$16.30 · the HK$5.56 price screens below the HK$11.42 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Company profile
Carpenter Tan Holdings Limited, an investment holding company, designs, manufactures, and distributes wooden handicrafts and accessories under the Carpenter Tan brand.
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Carpenter Tan Holdings Limited, an investment holding company, designs, manufactures, and distributes wooden handicrafts and accessories under the Carpenter Tan brand. The company offers wooden or horn combs, such as colored drawing combs, grass-and-tree dyed wooden combs, and carved combs; pocket-size wooden mirrors that includes colored drawing mirrors and carved mirrors; other wooden accessories and adornments comprising bead bracelets, pendants, barrettes, hair bobs, and massage tools; and box sets that combine its products in themes for gift purpose. It is involved in the operation of retail shops in Hong Kong and the People's Republic of China, as well as franchise and distribution network primarily in the People's Republic of China; distribution of wooden handicrafts and accessories through internet; and property investment activities. The company was founded in 1997 and is headquartered in Kowloon, Hong Kong.
Stock analysis
Carpenter Tan Holdings Ltd (0837) currently trades at HK$5.56, while our model-based Fair Value estimate is HK$11.42, implying the stock looks roughly 51.3% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of HK$16.30 per share, and 20 of the 26 models we run sit above the HK$5.56 price.
Bear case: the Asset-Based group reads lowest at HK$3.06, and 6 of the 26 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$7.53 (bear) to HK$16.30 (bull), the price of HK$5.56 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 73/100 (solid quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Carpenter Tan Holdings Ltd reported revenue of 558M CNY in FY2025 versus 331M CNY in FY2021, a compound +14.0%/yr. Reported net income was 171M CNY in FY2025, compounding +12.3%/yr from FY2021.
Key figures
Market cap HK$1.5B (≈ $194M) · P/E ratio 7.7 · P/S ratio 2.37 · EPS (TTM) HK$0.4400 · Dividend yield 6.2% · Net margin 30.6% · Return on equity 18.5% · Return on assets (EBIT) 19.3%.
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 34% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −29% fair-value upside, at 105%, 0837 screens cheaper than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 71 · Market factors (momentum, volatility) 36
Revenue & earnings trend
Growth Forecast
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Compare Carpenter Tan Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
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.Household & Personal Products · 243 stocks
Valuation Multiplesvs Household & Personal Products median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Hong Kong Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Household & Personal Products stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Colgate-Palmolive Company CL | $86.52 | $56.16 | −35% |
| Hindustan Unilever Limited HINDUNILVR | ₹1,943 | ₹775.25 | −60% |
| Kenvue Inc KVUE | $17.80 | $12.72 | −29% |
| The Estée Lauder Companies Inc EL | $94.47 | $44.21 | −53% |
| Kimberly-Clark Corporation KMB | $98.77 | $83.77 | −15% |
| Henkel AG HEN | €68.10 | €82.61 | +21% |
| Church & Dwight Co CHD | $95.62 | $65.04 | −32% |
| Beiersdorf Aktiengesellschaft, BEI | €78.56 | €69.09 | −12% |
| Puig Brands, S.A PUIG | €17.84 | €24.28 | +36% |
| Marico Limited MARICO | ₹819.00 | ₹493.84 | −40% |
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Frequently asked questions
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Key figures of Carpenter Tan Holdings Ltd
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