Kuaishou Technology (1024) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Kuaishou Technology stock HK$86.76, price HK$28.92, upside +200.0%, quality 57 out of 100. Rating: strongly undervalued. Calculated from audited financials with 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 3, 2026.
How to read this chart
60‑month range HK$26.22 – HK$201.98 · fair‑value band HK$59.12 – HK$147.24 · the HK$28.92 price screens below the HK$86.76 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services in the People's Republic of China.
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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.
Stock analysis
Kuaishou Technology (1024) currently trades at HK$28.92, while our model-based Fair Value estimate is HK$86.76, implying the stock looks roughly 67% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of HK$187.35 per share, and 23 of the 26 models we run sit above the HK$28.92 price.
Bear case: the Asset-Based group reads lowest at HK$16.97, and 3 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: HK$59.12 (bear) to HK$147.24 (bull), the price of HK$28.92 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 57/100 (solid quality), in the Communication Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Kuaishou Technology reported revenue of 143B CNY in FY2025 versus 81.1B CNY in FY2021, a compound +15.2%/yr. Reported net income was 18.6B CNY in FY2025.
Key figures
Market cap HK$126B (≈ $16.1B) Large · P/E ratio 6.9 · P/S ratio 0.75 · EPS (TTM) HK$4.02 · Dividend yield 2.1% · Net margin 10.9% · Return on equity 20.6% · Return on assets (EBIT) −2.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 60 out of 100 (low confidence).
What moves the price
Analysts expect earnings well below the last reported figure (earnings in transition, for example expiring patents or contracts); a fair value that looks fair on trailing earnings may then be too optimistic.
The share trades about 65% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 13% fair-value upside, at 200%, 1024 screens cheaper than that median.
Fair Value models
BearHK$59.12Fair Value HK$86.76BullHK$147.24
Price HK$28.92 · Upside +200.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (HK$2.90 per share) are deliberately not added.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.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+12.5%
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.
+14.9%
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.
+19.4%
Start year 2020 (pandemic)
Revenue growth 8 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.
+42.6%
’17
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’21
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’25
What shareholders gained per year (last 3 years) (mathematically smoothed) ⓘ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 3 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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+73.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+71.4%
Dividend (yield on the price)2.1%
Profit margin 2020 to 2025 ⓘ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% → 15%
2025 sits 72% above its own trend. The rate follows the median trend of the last 3 years, not that single year.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−12.0%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in CNY, China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about −13.4% a year for the price and +1.2% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Majority control in the Kling AI unit offers a key strength in emerging technology, while the core short-video business contends with slowing ad growth and ongoing profit pressure.
Main risk: Chinese regulators could impose further fines or restrictions on Kuaishou for inadequate content moderation or e-commerce violations such as counterfeits and false marketing, raising compliance costs and constraining livestreaming and advertising operations.
Bull case: Kuaishou could leverage its platform scale and Kling integration to offer differentiated AI-enhanced creator tools that strengthen user engagement and open new monetisation streams beyond traditional ads.
Bear case: Persistent regulatory interventions combined with ByteDance's resource advantages could erode Kuaishou's market position in short video and livestreaming while Kling fails to scale profitably against better-funded rivals.
Kuaishou has closed a nearly three-billion-dollar funding round for its Kling AI unit while retaining two-thirds of the equity and majority voting rights. Its core short-video and livestreaming operations still contend with slowing ad growth and profit pressure amid competition. Our models see the shares as undervalued, but will the AI venture generate enough independent momentum to lift the whole company, or will it stay anchored to the platform's challenges?
Price, fair value, quality and upside side by side.
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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.Internet Content & Information · 123 stocks
Beats the industry median on 11/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score57 · Below median
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (12 months)20.6% · Top 25%
Return on assets11.3% · Top 25%
Net margin (12 months)10.9% · Above median
Operating margin (12 months)10.5% · Above median
Growth and dividend
Revenue growth (quarter YoY)1.4% · Below median
Dividend yield (12 months)2.1% · Above median
Balance sheet
Debt / equity0.14× · Above median
Valuation Multiplesvs Internet Content & Information median · lower = cheaper
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Cite: Fair Value Calculator (2026). "Kuaishou Technology Fair Value". https://www.fairvalue-calculator.com/stock/1024
Frequently asked questions
Is Kuaishou Technology (1024) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of HK$86.76 versus a price of HK$28.92, about +200% upside (undervalued).
What is the fair value of 1024?
Our model-based fair value for Kuaishou Technology is HK$86.76 (as of Nov 3, 2026), built from audited fundamentals. The current price: HK$28.92.
What is the quality score of 1024?
Kuaishou Technology has a Quality Score of 57/100. 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 Kuaishou Technology (1024)?
Our model-based price target is the fair value of HK$86.76 (as of Nov 3, 2026) from 26 valuation models. Cautious scenario HK$59.12, optimistic scenario HK$147.24. It is a calculation from audited fundamentals, not an analyst target.
What is the Kuaishou Technology stock forecast for 2026?
Our models put fair value at HK$86.76, about +200% upside versus a price of HK$28.92 (undervalued). Cautious scenario HK$59.12, optimistic scenario HK$147.24. The calculation is refreshed regularly with new filings.
What is the revenue of Kuaishou Technology (1024)?
Kuaishou Technology reported trailing-twelve-month revenue of about 144B CNY (latest available figure, as of Nov 3, 2026).
Does Kuaishou Technology pay a dividend?
Kuaishou Technology currently shows a dividend yield of 2.14% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Kuaishou Technology (1024) and when is the ex-dividend date?
Kuaishou Technology pays a dividend of HK$0.62 per share a year, a dividend yield of 2.1%. The last ex-dividend date was Jun 29, 2026. The payout ratio is 10.3% of earnings. Free cash flow covers the dividend 6.49 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Kuaishou Technology (1024)?
For today's price to be fair in a discounted-cash-flow model, Kuaishou Technology would have to grow free cash flow by -12.0 % per year for five years (discount rate 10.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +19.4 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 1024 use?
Our models discount Kuaishou Technology at 10.5 %: a base by market capitalisation (large), damped by beta 1.27, country premium for Hong Kong. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Kuaishou Technology that is -12.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.5 %) and the same formula as our fair value.
How much growth has Kuaishou Technology (1024) delivered so far?
Over the past 5 years revenue at Kuaishou Technology grew +19.4 % a year. The price currently implies free-cash-flow growth of -12.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Kuaishou Technology (1024) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Kuaishou Technology (-12.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Kuaishou Technology (1024)?
The free-cash-flow yield on the price is 11.56 %: that much free cash flow Kuaishou Technology produces per unit of market value. When it exceeds the discount rate of our models (10.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Kuaishou Technology (1024)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kuaishou Technology it is HK$86.76 per share (as of Nov 3, 2026), against a price of HK$28.92. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Kuaishou Technology stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 1024 trades below its calculated fair value: price HK$28.92, fair value HK$86.76, a gap of about +200% (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 1024?
No. The price is what the market pays today (HK$28.92); the fair value is what the company's own numbers justify (HK$86.76). For Kuaishou Technology the two are HK$57.84 per share apart. That gap is exactly why we show both numbers side by side.
How much is Kuaishou Technology worth?
The market values Kuaishou Technology at about HK$126B (market capitalisation, as of Nov 3, 2026). Per share that is HK$28.92; our models calculate a fair value of HK$86.76 per share.
What do the bullish and bearish scenarios say about 1024?
Our models span a range for Kuaishou Technology: cautious scenario HK$59.12, base HK$86.76, optimistic HK$147.24 per share (as of Nov 3, 2026, price HK$28.92). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1024?
Kuaishou Technology trades at a price-to-earnings ratio of 6.9 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$86.76 is built from several models across several years. Other multiples: PEG 1.2, P/B 1.4, P/S 0.7, EV/EBITDA 5.1.
What is the PEG ratio of 1024?
The PEG ratio of Kuaishou Technology is 1.23 (P/E divided by earnings growth, as of Nov 3, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Kuaishou Technology (1024)?
Balance-sheet figures for Kuaishou Technology (as of Nov 3, 2026): return on equity 20.6%, debt of 0.14 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 1024 from its 52-week high?
Kuaishou Technology trades at HK$28.92, about 65% below its 52-week high of HK$81.55 and 10% above the low of HK$26.22 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of HK$86.76 is for.
Which stocks are comparable to Kuaishou Technology?
From the same area (Communication Services) we also value Alphabet Inc, Meta Platforms, Inc, Tencent Holdings, Spotify Technology S.A, 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 Kuaishou Technology stock attractive at the current price?
The data as of Nov 3, 2026: price HK$28.92, calculated fair value HK$86.76 (+200%), Quality Score 57/100, from 26 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 1024 calculated?
We run Kuaishou Technology through 26 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$86.76 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 13.0% above its aggregate fair value. Kuaishou Technology currently trades 67% 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 Kuaishou Technology (1024)?
The closing price on Nov 6, 2026 was HK$28.92. Our model-based fair value is HK$86.76, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kuaishou Technology right now?
The price is below even our cautious bear case (HK$59.12). 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 (57/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (HK$59.12 to HK$147.24) leaves room in how you read the outcome.
Key figures of Kuaishou Technology
How large is the market capitalisation of Kuaishou Technology (1024)?
The market capitalisation of Kuaishou Technology is HK$126B (≈ $16.1B). 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 Kuaishou Technology (1024)?
The price-to-sales ratio of Kuaishou Technology is 0.75 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Kuaishou Technology (1024)?
Earnings per share at Kuaishou Technology are HK$4.02 (price ÷ EPS = P/E 6.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Kuaishou Technology (1024)?
The dividend yield of Kuaishou Technology is 2.1% (payout 15.4%). 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 Kuaishou Technology (1024)?
The net margin of Kuaishou Technology is 10.9% (last twelve months). 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 Kuaishou Technology (1024)?
The return on equity (ROE) of Kuaishou Technology is 20.6% (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 Kuaishou Technology (1024)?
On an EBIT basis the return on assets of Kuaishou Technology 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 Kuaishou Technology (1024)?
The operating margin of Kuaishou Technology is 10.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kuaishou Technology (1024)?
Revenue at Kuaishou Technology is growing +1.4% versus a year earlier (3y avg +14.9%). 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 Kuaishou Technology (1024)?
Earnings per share at Kuaishou Technology are growing −36.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Kuaishou Technology (1024) carry?
The net debt of Kuaishou Technology is 11.6B CNY (fiscal year 2025, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 3, 2026