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Guangdong Tannery Ltd (1058) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$207M (≈ $26.4M) · ISIN HK1058006367

What is Guangdong Tannery Ltd really worth?

GT Guangdong Tannery Ltd 1058 · HK
PriceHK$0.3750
Fair ValueHK$0.1400
Upside−62.7%
Quality38/100

Below-average quality, and trading another 168% above our fair value of HK$0.1400.

As of Aug 20, 2026, the fair value of Guangdong Tannery Ltd is HK$0.1400 per share against a price of HK$0.3750, so the fair value sits 63% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Weak Growth (revenue 5y −17.9 %/yr)
!Loss-making · -20.0% net margin
!Low debt · negative free cash flow
!Trails peers (3/11)
!Narrow moat 5/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range HK$0.1300 – HK$0.1500

Fair value as of: Aug 20, 2026

From 3 valuation models · updated 17 days ago

Share price −5.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (HK$0.1500). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (5 years)

HK$1.40 HK$0.2460 Fair Value HK$0.1400 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range HK$0.2460 – HK$1.40 · fair‑value band HK$0.1300 – HK$0.1500 · the HK$0.3750 price screens above the HK$0.1400 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

Guangdong Tannery Ltd (1058) currently trades at HK$0.3750, while our model-based Fair Value estimate is HK$0.1400, implying the stock looks roughly 167.9% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Consumer Cyclical sector. How firm this estimate is: it rests on 3 models at a data quality of 95/100, which puts the evidence level at low.

Over the trailing twelve months, Guangdong Tannery Ltd generated revenue of HK$71.3M at a net margin of −20.0%. Revenue declined 22.0% year over year. Net debt stands at HK$9.9M. Fundamentals as of Aug 20, 2026

Our scenario range runs from HK$0.1300 (bear case) to HK$0.1500 (bull case); at HK$0.3750, 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 29% below its 52-week high and 50% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 32% fair-value upside, at −63%, 1058 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Gordon GGM best evidence HK$1.68 HK$1.82 HK$1.96 69
DDM Multi-Stage HK$1.68 HK$1.96 HK$2.38 67
NCAV (Graham) HK$0.1400 HK$0.1400 HK$0.1400 55
All 3 models by family
Dividend Discount
Gordon GGM best evidence HK$1.68 HK$1.82 HK$1.96 69
DDM Multi-Stage HK$1.68 HK$1.96 HK$2.38 67
Asset-Based
NCAV (Graham) HK$0.1400 HK$0.1400 HK$0.1400 55

Widest divergence: Dividend Discount (HK$1.82) versus Asset-Based (HK$0.1400). Highest evidence: Gordon GGM (69).

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Key figures & financial health

P/S ratio 2.91 TTM
EPS (TTM) HK$−0.0100
Dividend yield 4.6%
Net margin −20.0% FY2025
Return on equity −112% TTM
Return on assets (EBIT) −24.3% avg 5y
More key figures
Profitability
Operating margin −15.5% TTM
Growth
Revenue (TTM) HK$71.3M TTM
Revenue growth (YoY) −22.0% 3y avg −6.1%
Balance sheet & cash flow
Free cash flow −HK$6.6M FY2025
Net debt HK$9.9M FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 35 · Market factors (momentum, volatility) 41

Profitability 14
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 29
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Namyue Holdings Limited, an investment holding company, engages in the processing and sale of semi-finished and finished leather. It is also involved in the processing of cowhides; subcontracted leather processing activities; and trading leather.

Full company description

Namyue Holdings Limited, an investment holding company, engages in the processing and sale of semi-finished and finished leather. It is also involved in the processing of cowhides; subcontracted leather processing activities; and trading leather. The company was formerly known as Guangdong Tannery Limited and changed its name to Namyue Holdings Limited in July 2022. The company was incorporated in 1995 and is based in Central, Hong Kong. Namyue Holdings Limited is a subsidiary of Nam Yue (Group) Company Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangdong Tannery Ltd reported revenue of HK$71.3M in FY2025 versus HK$196M in FY2021, a compound −22.4%/yr. Reported net income was −HK$14.2M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$71.3M
Latest YoY
−20.0%
Avg. revenue 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.
−6.1%
Avg. revenue 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.
−17.9%
Avg. revenue growth/yr (29Y) 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.
−4.9%
EBIT margin (trend) 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.
−2.9% (2020) → −19.7% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −22.4%/yr
FY21 HK$196M
FY22 HK$86.1M
FY23 HK$82.1M
FY24 HK$89.1M
FY25 HK$71.3M
Net income
FY21 −HK$19.9M
FY22 −HK$43.9M
FY23 −HK$66.4M
FY24 −HK$33.8M
FY25 −HK$14.2M

1058 screens 168% overvalued. Compare with NIKE, Inc →

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Cite: Fair Value Calculator (2026). "Guangdong Tannery Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1058.HK

Peer Group

Footwear & Accessories · 93 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 38 · Bottom 25%
Fair Value upside −63% · Bottom 25%
Return on assets −9% · Bottom 25%
Net margin (TTM) −20% · Bottom 25%
Operating margin (TTM) −16% · Bottom 25%
Revenue growth −22% · Bottom 25%
Dividend yield (TTM) 4.6% · Above median

Valuation Multiples vs Footwear & Accessories median · lower = cheaper

P/B 4.19× · Pricier than 75% of peers
P/S (TTM) 0.37× · Cheaper than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 6
FUTURE0 · sector 0
PAST0 · sector 22
HEALTH100 · sector 97
DIVIDEND92 · sector 48

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

Similar stocks

10 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
NIKE, Inc NKE $38.44 $35.63 −7%
Deckers Outdoor Corporation DECK $87.76 $125.16 +43%
On Holding ONON $31.03 $17.79 −43%
Zhejiang China Commodities City Group 600415 ¥12.61 ¥13.03 +3%
Birkenstock Holding BIRK $33.95 $44.93 +32%
Crocs, Inc CROX $122.23 $203.65 +67%
Huali Industrial Group 300979 ¥34.24 ¥51.36 +50%
PUMA SE PUM €25.63 €10.57 −59%
Steven Madden, Ltd SHOO $47.70 $11.69 −75%
Yue Yuen Industrial (Holdings) Limited 0551 HK$13.65 HK$31.67 +132%

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Frequently asked questions

Is Guangdong Tannery Ltd (1058) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of HK$0.1400 versus a price of HK$0.3750, about −63% upside (overvalued).
What is the fair value of 1058?
Our model-based fair value for Guangdong Tannery Ltd is HK$0.1400 (as of Aug 20, 2026), built from audited fundamentals. The current price: HK$0.3750.
What is the quality score of 1058?
Guangdong Tannery Ltd has a Quality Score of 38/100. 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 Guangdong Tannery Ltd (1058)?
Our model-based price target is the fair value of HK$0.1400 (as of Aug 20, 2026) from 3 valuation models. Cautious scenario HK$0.1300, optimistic scenario HK$0.1500. It is a calculation from audited fundamentals, not an analyst target.
What is the Guangdong Tannery Ltd stock forecast for 2026?
Our models put fair value at HK$0.1400, about −63% upside versus a price of HK$0.3750 (overvalued). Cautious scenario HK$0.1300, optimistic scenario HK$0.1500. The calculation is refreshed regularly with new filings.
What is the revenue of Guangdong Tannery Ltd (1058)?
Guangdong Tannery Ltd reported trailing-twelve-month revenue of about HK$71.3M (latest available figure, as of Aug 20, 2026).
What is the net profit margin of 1058?
The net profit margin of Guangdong Tannery Ltd is about −20.0%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Guangdong Tannery Ltd pay a dividend?
Guangdong Tannery Ltd currently shows a dividend yield of about 4.59% relative to its recent price (as of Aug 20, 2026).
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