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Maxnerva Technology Services Limited (1037) Fair Value & Analysis

Technology · HK · Market cap HK$311M

MT Maxnerva Technology Services Limited 1037 · HK
PriceHK$0.6050
Fair ValueHK$0.4200
Upside-30.6%
Quality66/100
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Mixed Growth
Solidly profitable · 13.5% net margin
Low debt · negative free cash flow
Ranks above peers (10/11)
Moderate moat 46/100
Evidence: Low Range HK$0.2800 – HK$0.5300 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 2 days ago

Share price +47.6% over the past month.

A solid business, but screening 31% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.5300). The favourable scenario is already priced in.
  • 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 but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (HK$0.2800 to HK$0.5300) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$1.26 HK$0.1460 Fair Value HK$0.4200 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$0.1460 – HK$1.26 · fair‑value band HK$0.2800 – HK$0.5300 · the HK$0.6050 price screens above the HK$0.4200 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Maxnerva Technology Services Limited (1037) currently trades at HK$0.6050, while our model-based Fair Value estimate is HK$0.4200, implying the stock looks roughly 30.6% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Technology 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: low).

Over the trailing twelve months, Maxnerva Technology Services Limited generated revenue of HK$465M at a net margin of 13.5%. Revenue grew 21.8% year over year. It earns a return on equity of 17.1%. The balance sheet holds a net cash position of HK$104M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.2800 (bear case) to HK$0.5300 (bull case); at HK$0.6050, the current price sits above 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 57% below its 52-week high and 178% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 0% fair-value upside, at -31%, 1037 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
NCAV (Graham) HK$0.2900 HK$0.3800 HK$0.5700 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$0.2900 HK$0.3800 HK$0.5700 50

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Key figures & financial health

Revenue (TTM) HK$465M
Revenue growth (YoY) +21.8%
Net margin 13.5%
Return on equity 17.1%
Free cash flow −HK$67.1M FY2025
Operating margin 16.5%
More key figures
EPS growth (YoY) -10.2%
Net cash HK$104M FY2025

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 62 · Market factors (momentum, volatility) 54

Profitability 28
Margins and returns on capital today
Quality Growth 70
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 66
Distance to the 52-week high (market factor)
Net Issuance 81
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

Maxnerva Technology Services Limited, an investment holding company, operates in the digital industry and digital life businesses in the People's Republic of China, Taiwan, Vietnam, the Americas, Europe, and internationally.

Full company description

Maxnerva Technology Services Limited, an investment holding company, operates in the digital industry and digital life businesses in the People's Republic of China, Taiwan, Vietnam, the Americas, Europe, and internationally. It engages in the provision of smart manufacturing solutions and services, including the implementation of a combination of software systems, such as enterprise resources planning, manufacturing execution system, product lifecycle management system, and warehouse management system, as well as automation equipment; the implementation of facility monitors and control systems for monitoring the efficiency of the usage of water, power, and gas at production plants; and the implementation of facial recognition systems for labor and security management of the industrial parks. The company is also involved in the sourcing and distribution of branded smart office equipment solutions; testing and inspection services for new and existing electronic products; and provision of digital retail signage, IT operating and post-installation maintenance services, and temperature screening access control solutions. Maxnerva Technology Services Limited was incorporated in 1994 and is based in Tsim Sha Tsui, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Maxnerva Technology Services Limited reported revenue of HK$708M in FY2025 versus HK$596M in FY2021, a compound +4.4%/yr. Reported net income was −HK$14.6M in FY2025.

Growth Quality 42/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$708M
Latest YoY
+26.6%
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.
−5.3%
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.
+6.2%
Avg. growth/yr (27Y) 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.
+1.0%
Revenue +4.4%/yr
FY21 HK$596M
FY22 HK$832M
FY23 HK$678M
FY24 HK$559M
FY25 HK$708M
Net income
FY21 HK$34.3M
FY22 HK$27.8M
FY23 −HK$16.8M
FY24 −HK$12.4M
FY25 −HK$14.6M

1037 screens 31% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "Maxnerva Technology Services Limited Fair Value". https://www.fairvalue-calculator.com/stock/1037

Peer Group

Information Technology Services · 487 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 62 · Above median
Fair Value upside −31% · Below median
Return on equity (TTM) 17% · Above median
Return on assets 10% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 22% · Above median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/B 0.10× · Cheaper than 75% of peers
P/S (TTM) 0.09× · Cheaper than 75% of peers
PEG 0.64× · Cheaper 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 0 · sector 33
FUTURE 100 · sector 31
PAST 68 · sector 35
HEALTH 99 · sector 97
DIVIDEND 0 · sector 40

VALUE 0: the price sits above our fair-value range.

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.98 $175.76 -26%
Accenture plc ACNN 2,460 MXN 300.07 MXN -88%
Tata Consultancy Services Limited TCS ₹2,350 ₹3,473 +48%
Infosys Limited INFY ₹1,176 ₹1,998 +70%
HCL Technologies Limited HCLTECH ₹1,365 ₹1,722 +26%
Wipro Limited WIPRO ₹183.94 ₹314.26 +71%
Tech Mahindra Limited TECHM ₹1,625 ₹1,521 -6%
Samsung SDS Co 018260 235,500 KRW 235,321 KRW -0%
Persistent Systems Limited PERSISTENT ₹5,474 ₹3,259 -40%
Hyundai Autoever Corporation 307950 433,000 KRW 186,323 KRW -57%

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Frequently asked questions

Is Maxnerva Technology Services Limited (1037) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.4200 versus a price of HK$0.6050, about −31% (overvalued).
What is the fair value of 1037?
Our model-based fair value for Maxnerva Technology Services Limited is HK$0.4200 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.6050.
What is the quality score of 1037?
Maxnerva Technology Services Limited has a Quality Score of 66/100. 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 Maxnerva Technology Services Limited (1037)?
Maxnerva Technology Services Limited reported trailing-twelve-month revenue of about HK$465M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1037?
The net profit margin of Maxnerva Technology Services Limited is about 13.5%, meaning it keeps roughly 13.5% of revenue as net income. 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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