0991 (0991) Fair Value & Analysis

Utilities · Market cap HK$44.4B

0 0991 0991 · HK

PriceHK$2.40

Fair ValueHK$6.48

Upside+170.0%

Quality52/100

Evidence: Medium Range HK$4.41 – HK$9.73

Fair value as of: Jul 2, 2026

From 24 valuation models · updated today

Share price −20.4% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$1.80 – HK$3.36 · fair‑value band HK$4.41 – HK$9.73 · the HK$2.40 price screens below the HK$6.48 fair value. As of Jul 2, 2026.

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Analysis

0991 (0991) currently trades at HK$2.40, while our model-based Fair Value estimate is HK$6.48 — implying the stock looks roughly 170.0% undervalued today. We read business quality at 52/100 (solid quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, 0991 generated revenue of HK$121B at a net margin of 6.6%. Revenue grew 0.2% year over year. It earns a return on equity of 10.7%. Net debt stands at HK$161B. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$121B

Revenue growth (YoY) +0.2%

Net margin 6.6%

Return on equity 10.7%

Free cash flow HK$9.5B FY2025

P/E ratio 5.9

More key figures

Operating margin 16.7%

EPS (TTM) HK$0.2000

Dividend yield 6.2%

EPS growth (YoY) +40.2%

Net debt HK$161B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 2, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

0991 reported revenue of HK$116B in FY2025 versus HK$103B in FY2021, a compound +3.0%/yr. Reported net income was HK$7.3B in FY2025.

Revenue +3.0%/yr

FY21 HK$103B

FY22 HK$117B

FY23 HK$122B

FY24 HK$123B

FY25 HK$116B

Net income

FY21 −HK$11.9B

FY22 −HK$871M

FY23 HK$1.4B

FY24 HK$4.5B

FY25 HK$7.3B

Is 0991 fairly valued? → Check now

Similar stocks

6 more Utilities - Independent Power Producers stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

Stock	Price	Fair Value	vs Fair Value
Constellation Energy Corporation CEG	$242.30	$55.15	-77%
Vistra Corp VST	$157.97	$38.37	-76%
Adani Power Limited ADANIPOWER	₹220.58	₹48.27	-78%
CGN Power Co 003816	¥4.26	¥2.10	-51%
Gulf Development Public Company GULF	63.00 THB	15.05 THB	-76%
NRG Energy, Inc NRG	$135.06	$51.13	-62%

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Frequently asked questions

Is 0991 (0991) undervalued?

As of Jul 2, 2026, our model estimates a fair value of HK$6.48 versus a price of HK$2.40 — about +170% (undervalued). Model-based estimate, not financial advice.

What is the fair value of 0991?

Our model-based fair value for 0991 is HK$6.48 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$2.40.

What is the quality score of 0991?

0991 has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 0991 (0991)?

0991 reported trailing-twelve-month revenue of about HK$121B (latest available figure, as of Jul 2, 2026).

What is the net profit margin of 0991?

The net profit margin of 0991 is about 6.6%, meaning it keeps roughly 6.6% of revenue as net income. Based on the latest reported figures.

Does 0991 pay a dividend?

0991 currently shows a dividend yield of about 6.16% relative to its recent price (as of Jul 2, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.