1224 (1224) Fair Value & Analysis

Real Estate · Market cap HK$4.8B

1 1224 1224 · HK

PriceHK$1.23

Fair ValueHK$2.25

Upside+82.9%

Quality51/100

Evidence: Low Range HK$1.68 – HK$3.35

Fair value as of: Jul 2, 2026

From 6 valuation models · updated today

Share price +2.5% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$1.18 – HK$1.50 · fair‑value band HK$1.68 – HK$3.35 · the HK$1.23 price screens below the HK$2.25 fair value. As of Jul 2, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

1224 (1224) currently trades at HK$1.23, while our model-based Fair Value estimate is HK$2.25 — implying the stock looks roughly 82.9% undervalued today. We read business quality at 51/100 (solid 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: low) — always confirm before acting.

Over the trailing twelve months, 1224 generated revenue of HK$546M at a net margin of -81.4%. Revenue grew 12.0% year over year. It earns a return on equity of -3.3%. Net debt stands at HK$7.4B. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$546M

Revenue growth (YoY) +12.0%

Net margin -81.4%

Return on equity -3.3%

Free cash flow −HK$256M FY2025

Operating margin 24.6%

More key figures

EPS (TTM) HK$-0.0100

EPS growth (YoY) +4.5%

Net debt HK$7.4B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 2, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

1224 reported revenue of HK$546M in FY2025 versus HK$648M in FY2021, a compound −4.2%/yr. Reported net income was −HK$444M in FY2025.

Revenue −4.2%/yr

FY21 HK$648M

FY22 HK$498M

FY23 HK$473M

FY24 HK$493M

FY25 HK$546M

Net income

FY21 HK$490M

FY22 −HK$1.9B

FY23 −HK$1.9B

FY24 −HK$618M

FY25 −HK$444M

Is 1224 fairly valued? → Check now

Similar stocks

6 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

Stock	Price	Fair Value	vs Fair Value
Vinhomes Joint Stock Company VHM	155,400 VND	148,549 VND	-4%
DLF Limited DLF	₹621.35	₹159.49	-74%
PT Pantai Indah Kapuk Dua Tbk, PANI	6,150 IDR	1,330 IDR	-78%
Lodha Developers Limited LODHA	₹926.65	₹774.29	-16%
Oberoi Realty Limited OBEROIRLTY	₹1,592	₹1,400	-12%
Godrej Properties Limited GODREJPROP	₹1,799	₹1,034	-43%

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks Technology Financial Services Healthcare Consumer Cyclical Consumer Defensive Communication Services Industrials Energy Basic Materials Real Estate Utilities Deeply Undervalued Stocks Undervalued Blue-Chip Stocks Undervalued Small-Cap Stocks

Frequently asked questions

Is 1224 (1224) undervalued?

As of Jul 2, 2026, our model estimates a fair value of HK$2.25 versus a price of HK$1.23 — about +83% (undervalued). Model-based estimate, not financial advice.

What is the fair value of 1224?

Our model-based fair value for 1224 is HK$2.25 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$1.23.

What is the quality score of 1224?

1224 has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 1224 (1224)?

1224 reported trailing-twelve-month revenue of about HK$546M (latest available figure, as of Jul 2, 2026).

What is the net profit margin of 1224?

The net profit margin of 1224 is about -81.4%, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.