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

Harbour Digital Asset Capital Ltd (0913) fair value: what the stock is really worth

As of Sep 29, 2026: fair value of Harbour Digital Asset Capital Ltd HK$0.20, price HK$0.15, upside +26.9%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Financial Services · HK · ISIN KYG4289D1088

HD Thin data Sep 27, 2026

Harbour Digital Asset Capital Ltd

0913 · HK

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value HK$0.1954 · Undervalued (+26.9%)
✓Quality 64/100
!Weak Growth
✓Highly profitable · 95.9% net margin (FY2025)
✓Low debt · generates free cash flow
✓Ranks above peers (9/11)
✓Wide moat 72/100
!Evidence only low, so the estimate is less certain
Watch Harbour Digital Asset Capital Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

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$1.11 HK$0.1241 Fair Value HK$0.1954 May 2021 Sep 2026

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$0.1241 – HK$1.11 · fair‑value band HK$0.1086 – HK$0.3327 · the HK$0.1540 price screens below the HK$0.1954 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. Dashed = 300-day average. As of Sep 27, 2026.

Follow Harbour Digital Asset Capital in your weekly email

Every Wednesday you see whether Harbour Digital Asset Capital 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

Unity Investments Holdings, Ltd. and its subsidiaries engage primarily in investment holding in listed and unlisted companies. The firm invests in both listed and unlisted companies, and the current core portfolio comprises of mainly small to medium sized listed companies.

Show more

Unity Investments Holdings, Ltd. and its subsidiaries engage primarily in investment holding in listed and unlisted companies. The firm invests in both listed and unlisted companies, and the current core portfolio comprises of mainly small to medium sized listed companies. It invests in a wide array of industries and sectors like securities investment companies and companies engaging in the businesses of infrastructure, manufacturing, trading, information technologies, media, energy, property investment and securities investment. Unity Investments Holdings, Ltd. is based in Hong Kong.

Stock analysis

Harbour Digital Asset Capital Ltd (0913) currently trades at HK$0.1540, while our model-based Fair Value estimate is HK$0.1954, implying the stock looks roughly 21.2% undervalued today.

Show more

Valuation

Bull case: the Multiples group reads highest at a median of HK$1.14 per share, and 10 of the 10 models we run sit above the HK$0.1540 price.

Bear case: the Asset-Based group reads lowest at HK$0.5500, and 0 of the 10 models stay below the price. Evidence for this calculation is low.

Scenario range: HK$0.1086 (bear) to HK$0.3327 (bull), the price of HK$0.1540 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 64/100 (solid quality), in the Financial Services sector.

Weak Growth: Revenue growth is weak, negative or inconsistent.

Harbour Digital Asset Capital Ltd reported revenue of HK$154M in FY2025 versus −HK$14.4M in FY2021. Reported net income was HK$147M in FY2025.

Key figures

Market cap HK$59.9M (≈ $7.6M) · P/E ratio 0.4 · P/S ratio 0.41 · Net margin 95.9% · Return on equity 56.3% · Return on assets (EBIT) −2.9% · Operating margin 17.2% · Revenue growth (YoY) −5.8%.

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 48% below its 52-week high and 24% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at 27%, 0913 screens cheaper than that median.

Fair Value models

Bear HK$0.1086 Fair Value HK$0.1954 Bull HK$0.3327
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. 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. 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
Growth DCF HK$4.18 HK$7.93 HK$13.98 73
Rev-Margin DCF HK$1.74 HK$2.49 HK$4.05 69
5Y P/E Exit HK$4.00 HK$8.72 HK$15.11 65
All 10 models by family
DCF Models
5Y P/E Exit HK$4.00 HK$8.72 HK$15.11 65
10Y P/E Exit HK$4.20 HK$9.02 HK$16.88 58
Earnings-Based
Graham-Dodd HK$2.56 HK$17.85 HK$25.06 61
Lynch FV HK$9.22 HK$13.18 HK$17.13 59
Multiples
P/E Multiple HK$3.67 HK$4.89 HK$6.12 63
P/B Multiple HK$0.8600 HK$1.14 HK$1.43 55
Asset-Based
NCAV (Graham) HK$0.4100 HK$0.5500 HK$0.8200 54
Growth DCF
Growth DCF HK$4.18 HK$7.93 HK$13.98 73
Rev-Margin DCF HK$1.74 HK$2.49 HK$4.05 69
Economic Profit
Residual Income HK$2.38 HK$4.07 HK$11.84 57

Open the full fair value analysis →

Notify me when 0913 reaches fair value

Put 0913 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 64/100

Of which business quality 64 · Market factors (momentum, volatility) 33

Profitability 83
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 40
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. 33/100
Revenue growth is weak, negative or inconsistent.
Profit margin (trend) ⓘ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.
18.5% (2000) → 96.7% (2025)

Watch 0913, get fair value alerts →

Compare Harbour Digital Asset Capital 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.Asset Management · 661 stocks

Beats the industry median on 8/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 64 · Above median
Fair Value upside +26.9% · Above median
Profitability
Return on equity (TTM) 56.3% · Top 25%
Return on assets 7.6% · Top 25%
Net margin (TTM) 95.9% · Top 25%
Operating margin (TTM) 17.2% · Below median
Growth and dividend
Revenue growth −5.8% · Below median

Valuation Multiplesvs Asset Management median · lower = cheaper

P/E (TTM) 0.4× · Cheapest 25%
P/S (TTM) 0.17× · Cheapest 25%
P/FCF 0.2× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)69 · sector 57
FUTURE (revenue growth)0 · sector 31
PAST (return on equity)100 · sector 22
HEALTH (low debt)100 · sector 95
DIVIDEND (yield)0 · sector 81

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 Asset Management stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Blackstone Inc BX $118.42 $52.29 −56%
KKR & Co KKR $96.67 $29.26 −70%
Brookfield Corporation BN $36.87 $13.45 −64%
Apollo Global Management, Inc APO $121.69 $197.23 +62%
State Street Corporation STT $181.34 $139.37 −23%
Ameriprise Financial, Inc AMP $493.00 $595.40 +21%
Ares Management Corporation ARES $122.01 $103.68 −15%
Northern Trust Corporation NTRS $175.73 $123.42 −30%
Raymond James Financial, Inc RJF $161.16 $317.27 +97%
Exor N.V EXO €70.55 €139.37 +98%

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 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

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
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.

Harbour Digital Asset Capital Ltd · Fair Value
HK$0.1954 +21%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Harbour Digital Asset Capital Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0913

Frequently asked questions

Is Harbour Digital Asset Capital Ltd (0913) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of HK$0.1954 versus a price of HK$0.1540, about +27% upside (undervalued).
What is the fair value of 0913?
Our model-based fair value for Harbour Digital Asset Capital Ltd is HK$0.1954 (as of Sep 27, 2026), built from audited fundamentals. The current price: HK$0.1540.
What is the quality score of 0913?
Harbour Digital Asset Capital Ltd has a Quality Score of 64/100. 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 Harbour Digital Asset Capital Ltd (0913)?
Our model-based price target is the fair value of HK$0.1954 (as of Sep 27, 2026) from 10 valuation models. Cautious scenario HK$0.1086, optimistic scenario HK$0.3327. It is a calculation from audited fundamentals, not an analyst target.
What is the Harbour Digital Asset Capital Ltd stock forecast for 2026?
Our models put fair value at HK$0.1954, about +27% upside versus a price of HK$0.1540 (undervalued). Cautious scenario HK$0.1086, optimistic scenario HK$0.3327. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Harbour Digital Asset Capital Ltd (0913)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Harbour Digital Asset Capital Ltd it is HK$0.1954 per share (as of Sep 27, 2026), against a price of HK$0.1540. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is Harbour Digital Asset Capital Ltd stock overvalued or undervalued in 2026?
As of Sep 27, 2026, 0913 trades below its calculated fair value: price HK$0.1540, fair value HK$0.1954, a gap of about +27% (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 0913?
No. The price is what the market pays today (HK$0.1540); the fair value is what the company's own numbers justify (HK$0.1954). For Harbour Digital Asset Capital Ltd the two are HK$0.0414 per share apart. That gap is exactly why we show both numbers side by side.
How much is Harbour Digital Asset Capital Ltd worth?
The market values Harbour Digital Asset Capital Ltd at about HK$59.9M (market capitalisation, as of Sep 27, 2026). Per share that is HK$0.1540; our models calculate a fair value of HK$0.1954 per share.
What do the bullish and bearish scenarios say about 0913?
Our models span a range for Harbour Digital Asset Capital Ltd: cautious scenario HK$0.1086, base HK$0.1954, optimistic HK$0.3327 per share (as of Sep 27, 2026, price HK$0.1540). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0913?
Harbour Digital Asset Capital Ltd trades at a price-to-earnings ratio of 0.4 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$0.1954 is built from several models across several years. Other multiples: P/S 0.2.
How solid is the balance sheet of Harbour Digital Asset Capital Ltd (0913)?
Balance-sheet figures for Harbour Digital Asset Capital Ltd (as of Sep 27, 2026): return on equity 56.3%. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is 0913 from its 52-week high?
Harbour Digital Asset Capital Ltd trades at HK$0.1540, about 48% below its 52-week high of HK$0.2990 and 24% above the low of HK$0.1241 (as of Sep 29, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.1954 is for.
Which stocks are comparable to Harbour Digital Asset Capital Ltd?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, 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 Harbour Digital Asset Capital Ltd stock attractive at the current price?
The data as of Sep 27, 2026: price HK$0.1540, calculated fair value HK$0.1954 (+27%), Quality Score 64/100, from 10 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 0913 calculated?
We run Harbour Digital Asset Capital Ltd through 10 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$0.1954, 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 14.9 % above its aggregate fair value. Harbour Digital Asset Capital Ltd currently trades 21 % 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 Harbour Digital Asset Capital Ltd (0913)?
The closing price on Sep 29, 2026 was HK$0.1540. Our model-based fair value is HK$0.1954, about +27% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Harbour Digital Asset Capital Ltd right now?
The model range is unusually wide (HK$0.1086 to HK$0.3327). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality. 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 Harbour Digital Asset Capital Ltd

How large is the market capitalisation of Harbour Digital Asset Capital Ltd (0913)?
The market capitalisation of Harbour Digital Asset Capital Ltd is HK$59.9M (≈ $7.6M). 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 Harbour Digital Asset Capital Ltd (0913)?
The price-to-sales ratio of Harbour Digital Asset Capital Ltd is 0.41 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Harbour Digital Asset Capital Ltd (0913)?
The net margin of Harbour Digital Asset Capital Ltd is 95.9% (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 Harbour Digital Asset Capital Ltd (0913)?
The return on equity (ROE) of Harbour Digital Asset Capital Ltd is 56.3% (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 Harbour Digital Asset Capital Ltd (0913)?
On an EBIT basis the return on assets of Harbour Digital Asset Capital Ltd is −2.9% (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 Harbour Digital Asset Capital Ltd (0913)?
The operating margin of Harbour Digital Asset Capital Ltd is 17.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Harbour Digital Asset Capital Ltd (0913)?
Revenue at Harbour Digital Asset Capital Ltd is growing −5.8% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Harbour Digital Asset Capital Ltd (0913) generate?
The free cash flow of Harbour Digital Asset Capital Ltd is HK$39.7M (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 Harbour Digital Asset Capital Ltd (0913) hold?
Harbour Digital Asset Capital Ltd holds more cash than debt, HK$10.0M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch Harbour Digital Asset Capital Ltd in the live analysis

One click puts Harbour Digital Asset Capital Ltd 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.