Bc Technology Group Ltd (0863) fair value: what the stock is really worth
As of Nov 13, 2026: fair value (intrinsic value) of Bc Technology Group Ltd stock HK$8.17, price HK$9.80, that is 16.6% below the price, quality 34 out of 100. Rating: overvalued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.
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Bc Technology Group Ltd
0863 · HKExpensive (fair value 17% below the price), weak company and falling price: meets none of the 3 rules.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.
How to read this chart
60‑month range HK$1.58 – HK$19.97 · fair‑value band HK$6.13 – HK$10.21 · the HK$9.80 price screens above the HK$8.17 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 10, 2026.
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Company profile
OSL Group Limited, an investment holding company, engages in digital assets and blockchain platform business in Hong Kong, Australia, Japan, Singapore, and Mainland China. It is involved in the trading of digital assets, brokerage, custody, exchange, and SaaS services.
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The company also provides automated digital assets trading services through its proprietary platforms and licensing of its proprietary platforms; licenses its digital asset exchange platform and related technology solutions; consultancy services to white label customers; and secured storage of digital asset services.
In addition, it develops and sells intellectual property in relation to digital assets exchange platform; and provides corporate treasury and technical services; and safekeeping services for client assets, as well as payments service for the cryptocurrency exchanges.
The company was formerly known as BC Technology Group Limited and changed its name to OSL Group Limited in January 2024. OSL Group Limited was incorporated in 2011 and is based in Causeway Bay, Hong Kong.
Stock analysis
Bc Technology Group Ltd (0863) currently trades at HK$9.80, while our estimate is HK$8.17, 17% below the price, so the stock looks overvalued today.
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Valuation
None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.
Scenario range: HK$6.13 (bear) to HK$10.21 (bull), the price of HK$9.80 sits inside 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 34/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Bc Technology Group Ltd reported revenue of HK$489M in FY2025 versus HK$265M in FY2021, a compound +16.6%/yr. Reported net income was −HK$387M in FY2025.
Key figures
Market cap HK$8.9B (≈ $1.1B) Small · P/S ratio 0.42 · Net margin −79.1% · Return on equity −47.9% · Return on assets (EBIT) −9.9% (5-year average) · Operating margin −1.5% · Revenue growth (YoY) +65.8% · Free cash flow −HK$1.5B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 7 out of 100 (low confidence).
What moves the price
The share trades about 51% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −9% fair-value upside, at −17%, 0863 screens richer than that median.
Fair Value
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
0863 screens overvalued: fair value 17% below the price. Compare with Morgan Stanley →
Compare Bc Technology Group 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.Capital Markets · 454 stocks
Valuation Multiplesvs Capital Markets median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- PEG ratio by industry
- Revenue growth by industry
- PEG screener for stocks with fair value
- 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 Capital Markets stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Morgan Stanley MS | $190.65 | $260.72 | +37% | vs 0863 |
| The Charles Schwab Corporation SCHW | $92.98 | $117.60 | +26% | vs 0863 |
| Guotai Haitong Securities Co 601211 | ¥16.08 | ¥18.02 | +12% | vs 0863 |
| Nomura Holdings NMR | $9.70 | $10.09 | +4% | vs 0863 |
| The Goldman Sachs Group GS | $916.56 | $831.46 | −9% | vs 0863 |
| CITIC Securities Company 600030 | ¥25.00 | ¥20.42 | −18% | vs 0863 |
| Robinhood Markets, Inc HOOD | $77.86 | $47.60 | −39% | vs 0863 |
| Macquarie Group MQG | A$244.17 | A$144.90 | −41% | vs 0863 |
| East Money Information Co 300059 | ¥18.29 | ¥6.72 | −63% | vs 0863 |
| Interactive Brokers Group IBKR | $81.79 | $16.66 | −80% | vs 0863 |
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Key figures of Bc Technology Group Ltd
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