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Kuaishou Technology, an investment holding company, (1024) Fair Value & Analysis

Communication Services · HK · Market cap HK$190B

KT Kuaishou Technology, an investment holding company, 1024 · HK
PriceHK$44.24
Fair ValueHK$101.03
Upside+128.4%
Quality42/100
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Healthy Growth
Solidly profitable · 12.2% net margin
Low debt · generates free cash flow
1.42% dividend yield
Ranks above peers (9/15)
Moderate moat 59/100
Evidence: High Range HK$70.76 – HK$238.47 Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 22 days ago

Fair value updated Jul 16, 2026, revised from HK$72.38 to HK$101.03 (+39.6%) since Jul 7, 2026. Share price +9.3% over the past month.

Below-average quality, screening 128% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (HK$70.76). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (HK$70.76 to HK$238.47). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

HK$310.39 HK$31.55 Fair Value HK$101.03 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range HK$31.55 – HK$310.39 · fair‑value band HK$70.76 – HK$238.47 · the HK$44.24 price screens below the HK$101.03 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Kuaishou Technology, an investment holding company, (1024) currently trades at HK$44.24, while our model-based Fair Value estimate is HK$101.03, implying the stock looks roughly 128.4% undervalued today. We read business quality at 42/100 (below-average quality), in the Communication Services 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: high), always confirm before acting.

Over the trailing twelve months, Kuaishou Technology, an investment holding company, generated revenue of HK$144B at a net margin of 12.2%. Revenue grew 3.4% year over year. It earns a return on equity of 23.7%. Net debt stands at HK$11.6B. Fundamentals as of Jul 16, 2026

Our scenario range runs from HK$70.76 (bear case) to HK$238.47 (bull case); at HK$44.24, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 52% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -20% fair-value upside, at 128%, 1024 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF HK$53.84 HK$100.07 HK$193.51 80
Residual Income HK$35.67 HK$51.14 HK$355.99 76
Rev-Margin DCF HK$56.10 HK$116.98 HK$215.82 74
All 26 models by family
DCF Models
FCF DCF HK$57.24 HK$90.01 HK$194.37 38
Owner Earnings HK$47.49 HK$107.95 HK$234.88 31
5Y Revenue Exit HK$56.10 HK$102.33 HK$197.12 39
5Y EBITDA Exit HK$69.88 HK$130.80 HK$247.74 41
5Y P/E Exit HK$71.83 HK$162.03 HK$283.63 38
10Y Revenue Exit HK$54.51 HK$123.68 HK$180.60 36
10Y EBITDA Exit HK$66.70 HK$152.17 HK$313.42 37
10Y P/E Exit HK$68.11 HK$156.22 HK$312.82 35
Earnings-Based
Graham-Dodd HK$34.53 HK$240.79 HK$337.92 54
Lynch FV HK$83.38 HK$119.12 HK$154.86 50
PEG = 1.0 HK$83.38 HK$119.12 HK$154.86 46
EPV HK$48.34 HK$56.38 HK$63.41 59
Dividend Discount
Gordon GGM HK$4.39 HK$9.13 HK$14.48 70
DDM Multi-Stage HK$4.39 HK$7.70 HK$9.58 61
Multiples
P/E Multiple HK$76.16 HK$101.55 HK$126.94 63
P/S Multiple HK$64.74 HK$86.32 HK$107.90 58
P/B Multiple HK$48.84 HK$65.12 HK$81.41 55
EV/EBIT HK$76.08 HK$101.41 HK$126.73 53
EV/EBITDA HK$73.61 HK$98.11 HK$122.62 54
EV/Revenue HK$51.31 HK$73.26 HK$95.21 43
Asset-Based
NCAV (Graham) HK$10.85 HK$14.54 HK$21.71 50
Growth DCF
Growth DCF HK$53.84 HK$100.07 HK$193.51 80
Rev-Margin DCF HK$56.10 HK$116.98 HK$215.82 74
Economic Profit
Residual Income HK$35.67 HK$51.14 HK$355.99 76
ROIC Compounder HK$62.33 HK$93.29 HK$130.14 72
Growth Earnings
Growth-Adj P/E HK$106.82 HK$152.60 HK$198.37 68

Widest divergence: Growth Earnings (HK$152.60) versus Dividend Discount (HK$7.70). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) HK$144B
Revenue growth (YoY) +3.4%
Net margin 12.2%
Return on equity 23.7%
Free cash flow HK$12.4B FY2025
P/E ratio 9.0
More key figures
Operating margin 10.5%
EPS (TTM) HK$4.42
Dividend yield 1.4%
EPS growth (YoY) -27.5%
Net debt HK$11.6B FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 56 · Market factors (momentum, volatility) 18

Profitability 72
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 18
Disciplined investing over empire-building
Low Volatility 30
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 76
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services in the People's Republic of China.

Full company description

Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services in the People's Republic of China. It offers Kuaishou Flagship, a short video and content based social networking platform; Kuaishou Express; Kuaishou Concept; Yitian Camera, an app to create features Japanese-and-Korean-style filters and cute stickers; Kmovie, a shooting, editing, and production tool; and AcFun, a video sharing website. The company also provides entertainment, e-commerce, online games, online knowledge-sharing, and others. In addition, it engages in developing software, hardware, and network technology; investment activities; and providing programming and advertising, internet information, technology development, promotion, and other services. Kuaishou Technology was founded in 2011 and is headquartered in Beijing, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kuaishou Technology, an investment holding company, reported revenue of HK$143B in FY2025 versus HK$81.1B in FY2021, a compound +15.2%/yr. Reported net income was HK$18.6B in FY2025.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
HK$143B
Latest YoY
+12.5%
Avg. growth/yr (3Y)
+14.9%
Avg. growth/yr (5Y)
+19.4%
Avg. growth/yr (8Y)
+42.6%
Revenue +15.2%/yr
FY21 HK$81.1B
FY22 HK$94.2B
FY23 HK$113B
FY24 HK$127B
FY25 HK$143B
Net income
FY21 −HK$78.1B
FY22 −HK$13.7B
FY23 HK$6.4B
FY24 HK$15.3B
FY25 HK$18.6B

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Cite: Fair Value Calculator (2026). "Kuaishou Technology, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/1024

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Internet Content & Information · 150 stocks

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.

Quality Score 42 · Below median
Fair Value upside +128% · Top 25%
Return on equity (TTM) 24% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 12% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth 3% · Below median
Dividend yield (TTM) 1.4% · Below median
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Internet Content & Information median · lower = cheaper

P/E (TTM) 9.0× · Cheaper than 75% of peers
P/B 2.38× · Pricier than median
P/S (TTM) 1.32× · Cheaper than median
P/FCF 1.9× · Cheaper than median
EV/EBITDA 8.8× · Cheaper than median
PEG 1.60× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 0
FUTURE 17 · sector 31
PAST 95 · sector 10
HEALTH 93 · sector 99
DIVIDEND 28 · sector 43

Insider activity: 40/100

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Internet Content & Information stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Alphabet Inc GOOGL $354.46 $145.14 -59%
Meta Platforms, Inc META $669.21 $534.91 -20%
Tencent Holdings 0700 HK$460.20 HK$467.50 +2%
Spotify Technology S.A SPOT $485.38 $209.56 -57%
Baidu, Inc BIDU $113.30 $451.51 +299%
Reddit, Inc RDDT $195.34 $39.59 -80%
NAVER Corporation 035420 191,300 KRW 231,585 KRW +21%
Tencent Music Entertainment Group 1698 HK$34.74 HK$65.78 +89%
REA Group REA A$149.14 A$88.53 -41%
Pinterest, Inc PINS $22.52 $14.71 -35%

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Frequently asked questions

Is Kuaishou Technology, an investment holding company, (1024) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of HK$101.03 versus a price of HK$44.24, about +128% (undervalued).
What is the fair value of 1024?
Our model-based fair value for Kuaishou Technology, an investment holding company, is HK$101.03 (as of Jul 16, 2026), built from audited fundamentals. The current price is HK$44.24.
What is the quality score of 1024?
Kuaishou Technology, an investment holding company, has a Quality Score of 42/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Kuaishou Technology, an investment holding company, (1024)?
Kuaishou Technology, an investment holding company, reported trailing-twelve-month revenue of about HK$144B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 1024?
The net profit margin of Kuaishou Technology, an investment holding company, is about 12.2%, meaning it keeps roughly 12.2% of revenue as net income. Based on the latest reported figures.
Does Kuaishou Technology, an investment holding company, pay a dividend?
Kuaishou Technology, an investment holding company, currently shows a dividend yield of about 1.32% relative to its recent price (as of Jul 16, 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.

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