Willas Array Electronics Holdings Ltd (0854) fair value: what the stock is really worth
As of Nov 13, 2026: fair value (intrinsic value) of Willas Array Electronics Holdings Ltd stock HK$8.51, price HK$4.60, upside +85.2%, quality 60 out of 100. Rating: strongly undervalued. Calculated from audited financials with 23 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 9, 2026.
How to read this chart
60‑month range HK$1.65 – HK$19.30 · fair‑value band HK$6.11 – HK$11.79 · the HK$4.60 price screens below the HK$8.51 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.
Follow Willas Array Electronics Holdings in your weekly email
Every Wednesday you see whether Willas Array Electronics 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.
Willas-Array Electronics (Holdings) Limited, an investment holding company, distributes and trades in electronic components for industrial, audio and video, telecommunication, home appliances, lighting, electronic manufacturing, and automotive markets.
Show moreShow less
The company offers automotive, infotainment, motor control, SMPS, smart LED, and other products. It also provides engineering solutions; and auto parts and modules design, as well as transportation; and management and consultancy services.
The company operates in Mainland China, Hong Kong, and Taiwan. Willas-Array Electronics (Holdings) Limited was founded in 1981 and is headquartered in Kwai Chung, Hong Kong. Willas-Array Electronics (Holdings) Limited is a subsidiary of Texin (Hongkong) Electronics Co. Limited.
Stock analysis
Willas Array Electronics Holdings Ltd (0854) currently trades at HK$4.60, while our model-based Fair Value estimate is HK$8.51, implying the stock looks roughly 46% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of HK$19.92 per share, and 17 of the 23 models we run sit above the HK$4.60 price.
Bear case: the Asset-Based group reads lowest at HK$2.87, and 6 of the 23 models stay below the price. Data coverage for this calculation is low.
Scenario range: HK$6.11 (bear) to HK$11.79 (bull), the price of HK$4.60 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 60/100 (solid quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Willas Array Electronics Holdings Ltd reported revenue of HK$2.4B in FY2026 versus HK$3.4B in FY2022, a compound −8.9%/yr. Reported net income was HK$51.0M in FY2026, compounding −11.3%/yr from FY2022.
Key figures
Market cap HK$473M (≈ $60.3M) Micro · P/E ratio 5.7 · P/S ratio 0.12 · Dividend yield 0.0% · Net margin 2.2% · Return on equity 17.9% · Return on assets (EBIT) 0.9% (5-year average) · Operating margin 4.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 41% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −13% fair-value upside, at 85%, 0854 screens cheaper than that median.
Fair Value models
BearHK$6.11Fair Value HK$8.51BullHK$11.79
Price HK$4.60 · Upside +85.2%
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.
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 is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−0.7%
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.
−9.1%
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.
−7.9%
Start year 2021 (pandemic). Over 10 years: −4.3% a year
Revenue growth 26 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.
+2.8%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
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.
−12.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−12.0%
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.−12.0% vs 2.6%, slowing
Profit margin 2021 to 2026 ⓘ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.3% → 3%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 4.0%/yr over ~10Y (margins eroding too) ⓘ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.
Compare Willas Array Electronics 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.Electronics & Computer Distribution · 156 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside+85.2% · Top 25%
Profitability
Return on equity (12 months)17.9% · Top 25%
Return on assets3.8% · Above median
Net margin (12 months)3.4% · Above median
Operating margin (12 months)4.5% · Above median
Growth and dividend
Revenue growth (quarter YoY)27.3% · Above median
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.13× · Above median
Valuation Multiplesvs Electronics & Computer Distribution median · lower = cheaper
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.
Is Willas Array Electronics Holdings Ltd (0854) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of HK$8.51 versus a price of HK$4.60, about +85% upside (undervalued).
What is the fair value of 0854?
Our model-based fair value for Willas Array Electronics Holdings Ltd is HK$8.51 (as of Nov 9, 2026), built from audited fundamentals. The current price: HK$4.60.
What is the quality score of 0854?
Willas Array Electronics Holdings Ltd has a Quality Score of 60/100. 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 Willas Array Electronics Holdings Ltd (0854)?
Our model-based price target is the fair value of HK$8.51 (as of Nov 9, 2026) from 23 valuation models. Cautious scenario HK$6.11, optimistic scenario HK$11.79. It is a calculation from audited fundamentals, not an analyst target.
What is the Willas Array Electronics Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$8.51, about +85% upside versus a price of HK$4.60 (undervalued). Cautious scenario HK$6.11, optimistic scenario HK$11.79. The calculation is refreshed regularly with new filings.
What is the revenue of Willas Array Electronics Holdings Ltd (0854)?
Willas Array Electronics Holdings Ltd reported trailing-twelve-month revenue of about HK$2.7B (latest available figure, as of Nov 9, 2026).
Does Willas Array Electronics Holdings Ltd pay a dividend?
Willas Array Electronics Holdings Ltd currently shows a dividend yield of 0.03% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Willas Array Electronics Holdings Ltd (0854)?
Willas Array Electronics Holdings Ltd has a dividend yield of 0.0%.
What is the intrinsic value of Willas Array Electronics Holdings Ltd (0854)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Willas Array Electronics Holdings Ltd it is HK$8.51 per share (as of Nov 9, 2026), against a price of HK$4.60. It is the blended result of 23 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Willas Array Electronics Holdings Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 0854 trades below its calculated fair value: price HK$4.60, fair value HK$8.51, a gap of about +85% (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 0854?
No. The price is what the market pays today (HK$4.60); the fair value is what the company's own numbers justify (HK$8.51). For Willas Array Electronics Holdings Ltd the two are HK$3.92 per share apart. That gap is exactly why we show both numbers side by side.
How much is Willas Array Electronics Holdings Ltd worth?
The market values Willas Array Electronics Holdings Ltd at about HK$473M (market capitalisation, as of Nov 9, 2026). Per share that is HK$4.60; our models calculate a fair value of HK$8.51 per share.
What do the bullish and bearish scenarios say about 0854?
Our models span a range for Willas Array Electronics Holdings Ltd: cautious scenario HK$6.11, base HK$8.51, optimistic HK$11.79 per share (as of Nov 9, 2026, price HK$4.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0854?
Willas Array Electronics Holdings Ltd trades at a price-to-earnings ratio of 5.7 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$8.51 is built from several models across several years. Other multiples: P/B 0.9, P/S 0.2, EV/EBITDA 4.1.
How solid is the balance sheet of Willas Array Electronics Holdings Ltd (0854)?
Balance-sheet figures for Willas Array Electronics Holdings Ltd (as of Nov 9, 2026): return on equity 17.9%, debt of 0.13 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is 0854 from its 52-week high?
Willas Array Electronics Holdings Ltd trades at HK$4.60, about 41% below its 52-week high of HK$7.83 and at the low of HK$4.60 (as of Nov 13, 2026). Distance from the high says nothing about value: that is what the fair value of HK$8.51 is for.
Which stocks are comparable to Willas Array Electronics Holdings Ltd?
From the same area (Technology) we also value TD SYNNEX Corporation, Rexel S.A, Unisplendour Corporation, Arrow Electronics, 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 Willas Array Electronics Holdings Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price HK$4.60, calculated fair value HK$8.51 (+85%), Quality Score 60/100, from 23 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 0854 calculated?
We run Willas Array Electronics Holdings Ltd through 23 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of HK$8.51 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 13.9% above its aggregate fair value. Willas Array Electronics Holdings Ltd currently trades 46% 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 Willas Array Electronics Holdings Ltd (0854)?
The closing price on Nov 13, 2026 was HK$4.60. Our model-based fair value is HK$8.51, about +85% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Willas Array Electronics Holdings Ltd right now?
The price is below even our cautious bear case (HK$6.11). 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. Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (HK$6.11 to HK$11.79) leaves room in how you read the outcome.
Key figures of Willas Array Electronics Holdings Ltd
How large is the market capitalisation of Willas Array Electronics Holdings Ltd (0854)?
The market capitalisation of Willas Array Electronics Holdings Ltd is HK$473M (≈ $60.3M). 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 Willas Array Electronics Holdings Ltd (0854)?
The price-to-sales ratio of Willas Array Electronics Holdings Ltd is 0.12 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Willas Array Electronics Holdings Ltd (0854)?
The dividend yield of Willas Array Electronics Holdings Ltd is 0.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Willas Array Electronics Holdings Ltd (0854)?
The net margin of Willas Array Electronics Holdings Ltd is 2.2% (fiscal year 2026). 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 Willas Array Electronics Holdings Ltd (0854)?
The return on equity (ROE) of Willas Array Electronics Holdings Ltd is 17.9% (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 Willas Array Electronics Holdings Ltd (0854)?
On an EBIT basis the return on assets of Willas Array Electronics Holdings Ltd is 0.9% (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 Willas Array Electronics Holdings Ltd (0854)?
The operating margin of Willas Array Electronics Holdings Ltd is 4.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Willas Array Electronics Holdings Ltd (0854)?
Revenue at Willas Array Electronics Holdings Ltd is growing +27.3% versus a year earlier (3y avg −9.1%). 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 Willas Array Electronics Holdings Ltd (0854)?
Earnings per share at Willas Array Electronics Holdings Ltd are growing +153% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Willas Array Electronics Holdings Ltd (0854) generate?
The free cash flow of Willas Array Electronics Holdings Ltd is HK$239M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Willas Array Electronics Holdings Ltd (0854) carry?
The net debt of Willas Array Electronics Holdings Ltd is HK$475M (fiscal year 2026, ≈ 2.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Willas Array Electronics Holdings Ltd in the live analysis
One click puts Willas Array Electronics Holdings Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 9, 2026