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Universal Technologies Holdings (1026) Fair Value & Analysis

Utilities · HK · Market cap HK$325M

UT Universal Technologies Holdings 1026 · HK
PriceHK$0.0590
Fair ValueHK$0.0478
Upside-19.0%
Quality43/100
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Weak Growth
Loss-making · -44.3% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (6/11)
Narrow moat 13/100
Evidence: Medium Range HK$0.0360 – HK$0.0714 Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated 2 days ago

Below-average quality, and screening another 19% overvalued on our models.

What matters now

  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (HK$0.0360 to HK$0.0714) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$0.3650 HK$0.0560 Fair Value HK$0.0478 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.0560 – HK$0.3650 · fair‑value band HK$0.0360 – HK$0.0714 · the HK$0.0590 price screens above the HK$0.0478 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Universal Technologies Holdings (1026) currently trades at HK$0.0590, while our model-based Fair Value estimate is HK$0.0478, implying the stock looks roughly 19.0% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Universal Technologies Holdings generated revenue of HK$290M at a net margin of -44.3%. Revenue declined 6.0% year over year. Net debt stands at HK$476M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0360 (bear case) to HK$0.0714 (bull case); at HK$0.0590, the current price sits within 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 67% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at 12% fair-value upside, at -19%, 1026 screens richer 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 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. Evidence
Highest evidence
Growth DCF HK$0.2400 HK$0.4400 HK$0.7500 80
Rev-Margin DCF HK$0.1500 HK$0.2500 HK$0.4800 74
Gordon GGM HK$0.0200 HK$0.0400 HK$0.0600 70
All 9 models by family
DCF Models
FCF DCF HK$0.2600 HK$0.4000 HK$0.8000 38
5Y Revenue Exit HK$0.1300 HK$0.2200 HK$0.3900 39
10Y Revenue Exit HK$0.1700 HK$0.3400 HK$0.4200 36
Dividend Discount
Gordon GGM HK$0.0200 HK$0.0400 HK$0.0600 70
DDM Multi-Stage HK$0.0200 HK$0.0400 HK$0.0500 61
Multiples
EV/Revenue HK$0.0600 HK$0.1000 HK$0.1400 43
Asset-Based
NCAV (Graham) HK$0.0500 HK$0.0700 HK$0.1000 50
Growth DCF
Growth DCF HK$0.2400 HK$0.4400 HK$0.7500 80
Rev-Margin DCF HK$0.1500 HK$0.2500 HK$0.4800 74

Widest divergence: DCF Models (HK$0.3400) versus Dividend Discount (HK$0.0400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$290M
Revenue growth (YoY) -6.0%
Net margin -44.3%
Return on equity -2,211%
Free cash flow HK$118M FY2024
Operating margin -36.6%
More key figures
Net debt HK$476M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 44 · Market factors (momentum, volatility) 19

Profitability 0
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 83
Earnings quality: real cash, not paper profit
Fin. Strength 28
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 82
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

Universal Technologies Holdings Limited, an investment holding company, primarily engages in the water supply and related services business in the People's Republic of China, Hong Kong, and internationally. The company operates through Water Supply and Related Services; Properties Investment and Development; and Financial Services segments.

Full company description

Universal Technologies Holdings Limited, an investment holding company, primarily engages in the water supply and related services business in the People's Republic of China, Hong Kong, and internationally. The company operates through Water Supply and Related Services; Properties Investment and Development; and Financial Services segments. The Water Supply and Related Services segment supplies tap water to various districts of Qingyuan City, Guangdong province through water treatment plants. The Properties Investment and Development segment develops, leases, and manages land, and commercial and residential properties. The Financial Services segment engages in the provision of corporate finance advisory, asset management, securities brokerage, and margin financing services. The company is also involved in the provision of investment advisory, securities dealing, estate development, and water quality testing services businesses. Universal Technologies Holdings Limited was incorporated in 2001 and is headquartered in Sheung Wan, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Universal Technologies Holdings reported revenue of HK$290M in FY2025 versus HK$369M in FY2021, a compound −5.8%/yr. Reported net income was −HK$128M in FY2025.

Growth Quality 15/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$290M
Latest YoY
−12.5%
Avg. growth/yr (3Y) 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.
−6.0%
Avg. growth/yr (5Y) 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.
−3.4%
Avg. growth/yr (24Y) 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.
+20.1%
Revenue −5.8%/yr
FY21 HK$369M
FY22 HK$349M
FY23 HK$319M
FY24 HK$331M
FY25 HK$290M
Net income
FY21 −HK$39.1M
FY22 −HK$104M
FY23 −HK$137M
FY24 −HK$69.1M
FY25 −HK$128M

1026 screens 19% overvalued. Compare with American Water Works Company →

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Cite: Fair Value Calculator (2026). "Universal Technologies Holdings Fair Value". https://www.fairvalue-calculator.com/stock/1026

Peer Group

Utilities - Regulated Water · 68 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 43 · Below median
Fair Value upside −15% · Above median
Return on assets -1% · Bottom 25%
Net margin (TTM) -44% · Bottom 25%
Operating margin (TTM) -37% · Bottom 25%
Revenue growth -6% · Below median
Dividend yield (TTM) 5.2% · Top 25%
Debt / equity 0.68× · Lower than median

Valuation Multiples vs Utilities - Regulated Water median · lower = cheaper

P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.14× · Cheaper than 75% of peers
P/FCF 0.4× · Cheaper than 75% of peers

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 13 · sector 10
FUTURE 0 · sector 27
PAST 0 · sector 29
HEALTH 66 · sector 65
DIVIDEND 100 · sector 51

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 Utilities - Regulated Water stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
American Water Works Company AWK $134.92 $65.80 -51%
SBSP3 SBSP3 R$26.12 R$31.23 +20%
SBS SBS $5.10 $8.12 +59%
Essential Utilities, Inc WTRG $40.08 $21.81 -46%
Guangdong Investment Limited 0270 HK$8.15 HK$12.82 +57%
CSMG3 CSMG3 R$60.57 R$60.17 -1%
Grandblue Environment Co 600323 ¥29.61 ¥33.29 +12%
American States Water Company AWR $87.54 $47.94 -45%
Chengdu Xingrong Environment Co 000598 ¥7.14 ¥9.09 +27%
California Water Service Group CWT $49.98 $33.56 -33%

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Frequently asked questions

Is Universal Technologies Holdings (1026) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0478 versus a price of HK$0.0590, about −19% (overvalued).
What is the fair value of 1026?
Our model-based fair value for Universal Technologies Holdings is HK$0.0478 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0590.
What is the quality score of 1026?
Universal Technologies Holdings has a Quality Score of 43/100. 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 revenue of Universal Technologies Holdings (1026)?
Universal Technologies Holdings reported trailing-twelve-month revenue of about HK$290M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1026?
The net profit margin of Universal Technologies Holdings is about -44.3%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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