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Kingwell Group (1195) Fair Value & Analysis

Real Estate · HK · Market cap HK$40.5M

KG Kingwell Group 1195 · HK
PriceHK$0.0120
Fair ValueHK$0.0155
Upside+29.2%
Quality48/100
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Expensive Growth
Loss-making · -7.2% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/11)
Narrow moat 5/100
Evidence: Medium Range HK$0.0147 – HK$0.0164 Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$0.0142 to HK$0.0155 (+9.5%) since Aug 5, 2026. Share price −7.7% over the past month.

Below-average quality, screening 29% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$0.0147). The market is more pessimistic than our downside scenario.
  • Solid quality (48/100) at a price below fair value, the discount is the argument here, not the business quality.
  • The models converge in a tight band (HK$0.0147 to HK$0.0164), unusually little disagreement for a valuation.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

HK$0.0610 HK$0.0110 Fair Value HK$0.0155 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$0.0110 – HK$0.0610 · fair‑value band HK$0.0147 – HK$0.0164 · the HK$0.0120 price screens below the HK$0.0155 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Kingwell Group (1195) currently trades at HK$0.0120, while our model-based Fair Value estimate is HK$0.0155, implying the stock looks roughly 29.2% undervalued today. The Quality Score stands at 48/100 (below-average quality), in the Real Estate 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: medium), always confirm before acting.

Over the trailing twelve months, Kingwell Group generated revenue of HK$73.2M at a net margin of -7.2%. Revenue grew 6.6% year over year. It earns a return on equity of -2.4%. The balance sheet holds a net cash position of HK$38.3M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0147 (bear case) to HK$0.0164 (bull case); at HK$0.0120, 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 64% below its 52-week high, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -34% fair-value upside, at 29%, 1195 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 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 HK$0.0100 HK$0.0100 70
DDM Multi-Stage HK$0.0100 HK$0.0100 61
EV/EBITDA HK$0.0400 HK$0.0500 HK$0.0500 54
All 6 models by family
Dividend Discount
Gordon GGM HK$0.0100 HK$0.0100 70
DDM Multi-Stage HK$0.0100 HK$0.0100 61
Multiples
EV/EBIT HK$0.0400 HK$0.0500 HK$0.0600 53
EV/EBITDA HK$0.0400 HK$0.0500 HK$0.0500 54
EV/Revenue HK$0.0300 HK$0.0400 HK$0.0400 43
Asset-Based
NCAV (Graham) HK$0.0200 HK$0.0200 HK$0.0300 50

Widest divergence: Multiples (HK$0.0500) versus Dividend Discount (HK$0.0100). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) HK$73.2M
Revenue growth (YoY) +6.6%
Net margin -7.2%
Return on equity -2.4%
Free cash flow −HK$8.5M FY2025
Operating margin -4.1%
More key figures
Net cash HK$38.3M FY2025

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 52 · Market factors (momentum, volatility) 14

Profitability 9
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 26
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 3
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 65
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

Kingwell Group Limited, an investment holding company, engages in the property development, property leasing, and property management services business in Mainland China.

Full company description

Kingwell Group Limited, an investment holding company, engages in the property development, property leasing, and property management services business in Mainland China. Kingwell Group Limited is involved in the development of villas, apartments, and commercial buildings; information technology services; transportation agency services; sale of parking lots; and provision of property management services and construction services. The company was formerly known as Sinotronics Holdings Limited and changed its name to Kingwell Group Limited in 2010. Kingwell Group Limited was incorporated in 2001 and is headquartered in Tsim Sha Tsui East, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kingwell Group reported revenue of HK$70.9M in FY2025 versus HK$34.2M in FY2021, a compound +19.9%/yr. Reported net income was −HK$5.0M in FY2025.

Growth Quality 28/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$70.9M
Latest YoY
−0.7%
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.
+29.1%
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.
+9.7%
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.
−3.8%
Revenue +19.9%/yr
FY21 HK$34.2M
FY22 HK$33.0M
FY23 HK$74.5M
FY24 HK$71.4M
FY25 HK$70.9M
Net income
FY21 −HK$6.4M
FY22 −HK$10.8M
FY23 −HK$23.1M
FY24 −HK$10.0M
FY25 −HK$5.0M

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Cite: Fair Value Calculator (2026). "Kingwell Group Fair Value". https://www.fairvalue-calculator.com/stock/1195

Peer Group

Real Estate - Diversified · 138 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 51 · Below median
Fair Value upside +67% · Above median
Return on assets 0% · Bottom 25%
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) -4% · Bottom 25%
Revenue growth 7% · Above median
Dividend yield (TTM) 4.9% · Above median

Valuation Multiples vs Real Estate - Diversified median · lower = cheaper

P/B 0.05× · Cheaper than 75% of peers
P/S (TTM) 0.07× · 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 100 · sector 40
FUTURE 33 · sector 31
PAST 0 · sector 18
HEALTH 100 · sector 74
DIVIDEND 97 · sector 60

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.

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Frequently asked questions

Is Kingwell Group (1195) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0155 versus a price of HK$0.0120, about +29% (undervalued).
What is the fair value of 1195?
Our model-based fair value for Kingwell Group is HK$0.0155 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0120.
What is the quality score of 1195?
Kingwell Group has a Quality Score of 48/100. 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 Kingwell Group (1195)?
Kingwell Group reported trailing-twelve-month revenue of about HK$73.2M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1195?
The net profit margin of Kingwell Group is about -7.2%, 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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