Realord Group (1196) Fair Value & Analysis
Industrials · HK · Market cap HK$15.0B
Fair value as of: Aug 13, 2026
From 3 valuation models · updated 2 days ago
Share price −25.3% over the past month.
Below-average quality, and screening another 36% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (HK$7.49). The favourable scenario is already priced in.
- Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The model range is unusually wide (HK$2.59 to HK$7.49). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- 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)
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$4.48 – HK$17.52 · fair‑value band HK$2.59 – HK$7.49 · the HK$7.92 price screens above the HK$5.06 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Realord Group (1196) currently trades at HK$7.92, while our model-based Fair Value estimate is HK$5.06, implying the stock looks roughly 36.1% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Industrials 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).
Trailing-twelve-month revenue stands at HK$556M. Revenue grew 6.4% year over year. It earns a return on equity of -24.5%. Net debt stands at HK$12.9B. Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$2.59 (bear case) to HK$7.49 (bull case); at HK$7.92, 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 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at -36%, 1196 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.
All 3 models by family
Widest divergence: Dividend Discount (HK$4.57) versus Asset-Based (HK$0.9700). Highest evidence: Gordon GGM (70).
Notify me when 1196 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 31 · Market factors (momentum, volatility) 29
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
Realord Group Holdings Limited, an investment holding company, engages in the property, hangtag, motor vehicles parts, financial service, trading, and environmental protection businesses in Hong Kong, Mainland China, Grenada, Japan, and internationally.
Full company description
Realord Group Holdings Limited, an investment holding company, engages in the property, hangtag, motor vehicles parts, financial service, trading, and environmental protection businesses in Hong Kong, Mainland China, Grenada, Japan, and internationally. It operates through Property, Financial Services, Environmental Protection, Motor Vehicles Parts, LAC, and Others segments. The Property segment is involved in the property investment, development, and commercial operation. The Financial Services segment provides corporate finance advisory, asset management, securities brokerage services, margin financing and money lending. The Environmental Protection segment dismantles, processes, trades, and sells the scrap materials. The Motor Vehicles Parts segment distributes and sells motor vehicles parts. The LAC segment engages in the provision of citizenship application and consultancy services on citizenship to develop mixed property projects, consisting of educational facilities, apartments for students, hotel and resort facilities, commercial development and shopping facilities, and university establishments and related amenities. The Others segment comprises operation of a cinema; and sales of hangtag, labels, shirt paper boards, and plastic bags. The company also provides financial leasing services; and consultancy services as a marketing agent. In addition, it trades in electronic products and computer components; and develops and sells e-commerce platform. The company was formerly known as Cheong Ming Investments Limited and changed its name to Realord Group Holdings Limited in September 2014. Realord Group Holdings Limited was incorporated in 1997 and is headquartered in Central, Hong Kong. Realord Group Holdings Limited operates as a subsidiary of Manureen Holdings Limited.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Realord Group reported revenue of HK$556M in FY2025 versus HK$1.2B in FY2021, a compound −17.4%/yr. Reported net income was −HK$890M in FY2025.
1196 screens 36% overvalued. Compare with Waste Management, Inc →
Peer Group
Waste Management · 168 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.
Valuation Multiples vs Waste Management median · lower = cheaper
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: 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.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Waste Management stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Waste Management, Inc WM | $226.32 | $128.02 | -43% |
| Republic Services, Inc RSG | $215.08 | $120.63 | -44% |
| Waste Connections, Inc WCN | C$230.52 | C$78.67 | -66% |
| Veolia Environnement SA VIE | €34.47 | €23.26 | -33% |
| Clean Harbors, Inc CLH | $316.65 | $154.01 | -51% |
| GFL Environmental Inc GFL | C$57.56 | C$44.27 | -23% |
| GEM Co 002340 | ¥6.75 | ¥5.27 | -22% |
| Zhejiang Weiming Environment Protection Co 603568 | ¥15.68 | ¥20.95 | +34% |
| China Everbright Environment Group 0257 | HK$5.00 | HK$8.96 | +79% |
| Beijing GeoEnviron Engineering & Technology, Inc 603588 | ¥14.10 | ¥9.35 | -34% |
Compare Realord Group with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Realord Group (1196) overvalued or undervalued?
What is the fair value of 1196?
What is the quality score of 1196?
What is the revenue of Realord Group (1196)?
What is the net profit margin of 1196?
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.
Track Realord Group and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.