EN DE
Watch Sheng Yuan Holdings Ltd for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Sheng Yuan Holdings Ltd (0851) fair value: what the stock is really worth

As of Nov 3, 2026: fair value (intrinsic value) of Sheng Yuan Holdings Ltd stock HK$0.14, price HK$0.19, that is 24.3% below the price, quality 49 out of 100. Rating: overvalued. Calculated from audited financials with 6 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

Financial Services HK · ISIN BMG8115Q1261

SY Sheng Yuan Holdings Ltd logo Thin data Nov 12, 2026

Sheng Yuan Holdings Ltd

0851 · HK

Expensive (fair value 24% below the price), but company just good enough and rising price: meets 2 of 3 rules.

Get notified free when this changes
Rising price (uptrend) 
Low debt 
Quality 49/100 
Mixed Growth (revenue 5y −8.0 %/yr in HKD) 
Loss over the last twelve months · -6.4% net margin (TTM) · fiscal year 2025 33.0% 
Revenue last quarter 86% below a year ago. 
Changed on Nov 2: HK$0.1200 → HK$0.1400 
Fair value HK$0.1400 · Overvalued 
Negative free cash flow 
Trails peers (3/9) 
Narrow moat 24/100
Thin data 
⚠ Thinly traded
Watch Sheng Yuan Holdings Ltd 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$0.4500 HK$0.0210 Fair Value HK$0.1400 Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 12, 2026.

How to read this chart

60‑month range HK$0.0210 – HK$0.4500 · fair‑value band HK$0.1100 – HK$0.1800 · the HK$0.1850 price screens above the HK$0.1400 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 12, 2026.

Follow Sheng Yuan Holdings in your weekly email

Every Wednesday you see whether Sheng Yuan Holdings 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

Sheng Yuan Holdings Limited, an investment holding company, provides various financial services in Hong Kong. The company operates through Securities Brokerage and Financial Services, Asset Management Services, Proprietary Trading, and Trading Business segments.

Show moreShow less

The Securities Brokerage and Financial Services segment offer discretionary and non-discretionary dealing services for securities and futures contracts; securities placing and underwriting services; margin financing and money lending services; corporate finance advisory; general advisory services; and custodian services.

The Asset Management Services segment provides fund management, discretionary portfolio management, and investment advisory services. The Proprietary Trading segment offers investment holding and securities trading. The Trading Business segment engages in the trading of commodities products.

It also provides administrative; investment management; and advisory services. The company serves professional investors and retail investors. Sheng Yuan Holdings Limited was incorporated in 1998 and is based in Sheung Wan, Hong Kong.

Stock analysis

Sheng Yuan Holdings Ltd (0851) currently trades at HK$0.1850, while our model-based Fair Value estimate is HK$0.1400, 24% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Earnings-Based group reads highest at a median of HK$0.3750 per share, and 2 of the 6 models we run sit above the HK$0.1850 price.

Bear case: the Asset-Based group reads lowest at HK$0.1000, and 4 of the 6 models stay below the price. Data coverage for this calculation is low.

Scenario range: HK$0.1100 (bear) to HK$0.1800 (bull), the price of HK$0.1850 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 49/100 (below-average quality), in the Financial Services sector.

Mixed Growth: Spin-off in 2009: revenue and profit before it include the divested business. Growth is measured afresh from 2009.

Sheng Yuan Holdings Ltd reported revenue of HK$29.3M in FY2025 versus HK$43.3M in FY2021, a compound −9.3%/yr. Reported net income was HK$9.7M in FY2025, compounding +20.1%/yr from FY2021.

Key figures

Market cap HK$163M (≈ $20.8M) Micro · P/S ratio 1.55 · Net margin 33.0% · Return on equity −5.7% · Return on assets (EBIT) 5.2% (5-year average) · Operating margin −555% · Revenue growth (YoY) −86.3% · EPS growth (YoY) +109%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (medium confidence).

What moves the price

The share trades about 56% below its 52-week high and 27% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −8% fair-value upside, at −24%, 0851 screens richer than that median.

Fair Value models

Bear HK$0.1100 Fair Value HK$0.1400 Bull HK$0.1800
Price HK$0.1850 · Downside -24.3%
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
Residual Income HK$0.1100 HK$0.1200 HK$0.1300 71
Graham-Dodd HK$0.0700 HK$0.5200 HK$0.7300 63
P/E Multiple HK$0.1100 HK$0.1400 HK$0.1800 63
All 6 models by family
Earnings-Based
Graham-Dodd HK$0.0700 HK$0.5200 HK$0.7300 63
Lynch FV HK$0.1600 HK$0.2300 HK$0.3000 61
Multiples
P/E Multiple HK$0.1100 HK$0.1400 HK$0.1800 63
P/B Multiple HK$0.1300 HK$0.1700 HK$0.2200 55
Asset-Based
NCAV (Graham) HK$0.0600 HK$0.1000 HK$0.1200 54
Economic Profit
Residual Income HK$0.1100 HK$0.1200 HK$0.1300 71

Open the full fair value analysis →

Quality Score breakdown

Overall quality 49/100

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

Profitability 40
How much profit the company makes from its sales and capital
Quality Growth 0
Are margins and returns getting better?
Cashflow 33
Do the profits arrive as real cash?
Financial strength 100
Debt, balance sheet and risk of trouble
Investment 100
Does it invest with discipline instead of growing at any price?
Low Volatility 37
How calm the share price moves, does not count
Price momentum 48
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 17
Distance to the 52-week high, does not count
New shares 40
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. 55/100
Spin-off in 2009: revenue and profit before it include the divested business. Growth is measured afresh from 2009.
Revenue growth 1 year
−42.5%
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.
−21.2%
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.
−8.0%
Start year 2020 (pandemic). Over 10 years: −24.0% a year
Revenue growth 15 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.
−3.8%
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.
−12.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−12.8%
Dividend (yield on the price)0.0%
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.46% → 34%
⚠ Revenue per share shrinking 30.5%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

0851 screens overvalued: fair value 24% below the price. Compare with Morgan Stanley →

Compare Sheng Yuan Holdings Ltd 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.Capital Markets · 454 stocks

Beats the industry median on 2/7 measures
Overall it trails its industry peers.
Valuation
Quality Score 49 · Below median
Fair Value upside −24.3% · Below median
Profitability
Return on assets 5.3% · Top 25%
Net margin (12 months) −6.4% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −86.3% · Bottom 25%

Valuation Multiplesvs Capital Markets median · lower = cheaper

P/B 1.29× · Pricier than median
P/S (12 months) 1.53× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)1 · sector 34
FUTURE (revenue growth)0 · sector 56
PAST (return on equity)0 · sector 32
HEALTH (low debt)100 · sector 94
DIVIDEND (yield)0 · sector 46

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 Capital Markets stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Morgan Stanley MS $190.65 $261.66 +37% vs 0851
The Charles Schwab Corporation SCHW $92.98 $117.60 +26% vs 0851
Guotai Haitong Securities Co 601211 ¥16.08 ¥18.02 +12% vs 0851
Nomura Holdings NMR $9.70 $10.09 +4% vs 0851
The Goldman Sachs Group GS $916.56 $843.12 −8% vs 0851
CITIC Securities Company 600030 ¥25.00 ¥20.42 −18% vs 0851
Robinhood Markets, Inc HOOD $77.86 $47.60 −39% vs 0851
Macquarie Group MQG A$244.17 A$144.90 −41% vs 0851
East Money Information Co 300059 ¥18.29 ¥6.72 −63% vs 0851
Interactive Brokers Group IBKR $81.79 $16.66 −80% vs 0851

Explore undervalued stocks

More undervalued Financial Services 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 StocksStocks for 2027: Large Companies Below Fair Value

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 Average Down CalculatorFree calculator
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.

Sheng Yuan Holdings Ltd: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Sheng Yuan Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0851

Frequently asked questions

Is Sheng Yuan Holdings Ltd (0851) overvalued or undervalued?
As of Nov 12, 2026, our model estimates a fair value of HK$0.1400 versus the last price from Nov 3, 2026 of HK$0.1850, about 24% lower (overvalued).
What is the fair value of 0851?
Our model-based fair value for Sheng Yuan Holdings Ltd is HK$0.1400 (as of Nov 12, 2026), built from audited fundamentals. Last price (from Nov 3, 2026): HK$0.1850.
What is the quality score of 0851?
Sheng Yuan Holdings Ltd 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 price target for Sheng Yuan Holdings Ltd (0851)?
Our model-based price target is the fair value of HK$0.1400 (as of Nov 12, 2026) from 6 valuation models. Cautious scenario HK$0.1100, optimistic scenario HK$0.1800. It is a calculation from audited fundamentals, not an analyst target.
What is the Sheng Yuan Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.1400, about 24% lower versus the last price from Nov 3, 2026 of HK$0.1850 (overvalued). Cautious scenario HK$0.1100, optimistic scenario HK$0.1800. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Sheng Yuan Holdings Ltd (0851)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sheng Yuan Holdings Ltd it is HK$0.1400 per share (as of Nov 12, 2026), against a price of HK$0.1850. It is the blended result of 6 valuation models in 4 families (Earnings-Based, Multiples, Asset-Based, Economic Profit).
Is Sheng Yuan Holdings Ltd stock overvalued or undervalued in 2026?
As of Nov 12, 2026, 0851 trades above its calculated fair value: price HK$0.1850, fair value HK$0.1400, a gap of about −24% (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 0851?
No. The price is what the market pays today (HK$0.1850); the fair value is what the company's own numbers justify (HK$0.1400). For Sheng Yuan Holdings Ltd the two are HK$0.0450 per share apart. That gap is exactly why we show both numbers side by side.
How much is Sheng Yuan Holdings Ltd worth?
The market values Sheng Yuan Holdings Ltd at about HK$163M (market capitalisation, as of Nov 12, 2026). Per share that is HK$0.1850; our models calculate a fair value of HK$0.1400 per share.
What do the bullish and bearish scenarios say about 0851?
Our models span a range for Sheng Yuan Holdings Ltd: cautious scenario HK$0.1100, base HK$0.1400, optimistic HK$0.1800 per share (as of Nov 12, 2026, price HK$0.1850). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Sheng Yuan Holdings Ltd (0851)?
Balance-sheet figures for Sheng Yuan Holdings Ltd (as of Nov 12, 2026): return on equity −5.7%. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is 0851 from its 52-week high?
Sheng Yuan Holdings Ltd trades at HK$0.1850, about 56% below its 52-week high of HK$0.4250 and 27% above the low of HK$0.1460 (as of Nov 13, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.1400 is for.
Which stocks are comparable to Sheng Yuan Holdings Ltd?
From the same area (Financial Services) we also value Morgan Stanley, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers 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 Sheng Yuan Holdings Ltd stock attractive at the current price?
The data as of Nov 12, 2026: price HK$0.1850, calculated fair value HK$0.1400 (−24%), Quality Score 49/100, from 6 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 0851 calculated?
We run Sheng Yuan Holdings Ltd through 6 models from 4 families: Earnings-Based, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of HK$0.1400 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 14.1% above its aggregate fair value. Sheng Yuan Holdings Ltd 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 Sheng Yuan Holdings Ltd (0851)?
The latest price we hold is from Nov 3, 2026 and stands at HK$0.1850. Our model-based fair value is HK$0.1400, about 24% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sheng Yuan Holdings Ltd right now?
The price sits above even our optimistic bull case (HK$0.1800). The favourable scenario is already priced in. Weak quality (49/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Key figures of Sheng Yuan Holdings Ltd

How large is the market capitalisation of Sheng Yuan Holdings Ltd (0851)?
The market capitalisation of Sheng Yuan Holdings Ltd is HK$163M (≈ $20.8M). 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 Sheng Yuan Holdings Ltd (0851)?
The price-to-sales ratio of Sheng Yuan Holdings Ltd is 1.55 (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 Sheng Yuan Holdings Ltd (0851)?
The net margin of Sheng Yuan Holdings Ltd is 33.0% (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 Sheng Yuan Holdings Ltd (0851)?
The return on equity (ROE) of Sheng Yuan Holdings Ltd is −5.7% (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 Sheng Yuan Holdings Ltd (0851)?
On an EBIT basis the return on assets of Sheng Yuan Holdings Ltd is 5.2% (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 Sheng Yuan Holdings Ltd (0851)?
The operating margin of Sheng Yuan Holdings Ltd is −555% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sheng Yuan Holdings Ltd (0851)?
Revenue at Sheng Yuan Holdings Ltd is down 86.3% versus a year earlier (3y avg −21.2%). 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 Sheng Yuan Holdings Ltd (0851)?
Earnings per share at Sheng Yuan Holdings Ltd are growing 109% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Sheng Yuan Holdings Ltd (0851) generate?
The free cash flow of Sheng Yuan Holdings Ltd is −HK$13.4M (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 Sheng Yuan Holdings Ltd (0851) hold?
Sheng Yuan Holdings Ltd holds more cash than debt, HK$84.9M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch Sheng Yuan Holdings Ltd in the live analysis

One click puts Sheng Yuan Holdings Ltd 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.