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CANbridge Pharmaceuticals Inc (1228) Fair Value & Analysis

Healthcare · HK · Market cap HK$1.1B

CP CANbridge Pharmaceuticals Inc 1228 · HK
PriceHK$2.03
Fair ValueHK$1.18
Upside-41.9%
Quality46/100
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Mixed Growth
Highly profitable · 29.7% net margin
Negative equity (buybacks among others) · negative free cash flow
Mixed vs. peers (5/11)
Narrow moat 23/100
Evidence: Medium Range HK$0.8300 – HK$1.53 Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated 3 days ago

Share price −3.8% over the past month.

Below-average quality, and screening another 42% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$1.53). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (HK$0.8300 to HK$1.53) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$9.30 HK$0.0830 Fair Value HK$1.18 Nov 2011 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$0.0830 – HK$9.30 · fair‑value band HK$0.8300 – HK$1.53 · the HK$2.03 price screens above the HK$1.18 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

CANbridge Pharmaceuticals Inc (1228) currently trades at HK$2.03, while our model-based Fair Value estimate is HK$1.18, implying the stock looks roughly 41.9% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Healthcare 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: medium).

Over the trailing twelve months, CANbridge Pharmaceuticals Inc generated revenue of HK$50.0M at a net margin of 29.7%. Revenue declined 31.2% year over year. The balance sheet holds a net cash position of HK$50.6M. The stock trades on a trailing P/E of 70.3 (as of Jul 2, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.8300 (bear case) to HK$1.53 (bull case); at HK$2.03, 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 42% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -47% fair-value upside, at -42%, 1228 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$0.2600 HK$0.4700 HK$0.6500 70
Growth-Adj P/E HK$0.9300 HK$1.33 HK$1.73 68
P/E Multiple HK$0.4600 HK$0.6100 HK$0.7600 63
All 9 models by family
DCF Models
Owner Earnings HK$0.7900 HK$1.51 HK$2.85 31
Earnings-Based
Graham-Dodd HK$0.2000 HK$1.37 HK$1.93 54
Lynch FV HK$0.7100 HK$1.01 HK$1.32 50
PEG = 1.0 HK$0.7100 HK$1.01 HK$1.32 46
Dividend Discount
Gordon GGM HK$0.2600 HK$0.4700 HK$0.6500 70
DDM Multi-Stage HK$0.2600 HK$0.4300 HK$0.5100 61
Multiples
P/E Multiple HK$0.4600 HK$0.6100 HK$0.7600 63
P/S Multiple HK$0.1500 HK$0.2000 HK$0.2400 58
Growth Earnings
Growth-Adj P/E HK$0.9300 HK$1.33 HK$1.73 68

Widest divergence: DCF Models (HK$1.51) versus Multiples (HK$0.2000). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) HK$50.0M
Revenue growth (YoY) -31.2%
Net margin 29.7%
Return on equity -282%
Free cash flow −HK$38.2M FY2025
P/E ratio 70.3 as of Jul 2, 2026
More key figures
Operating margin -180%
EPS (TTM) HK$0.1400
Net cash HK$50.6M FY2025

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 45 · Market factors (momentum, volatility) 56

Profitability 54
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 31
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

CANbridge Pharmaceuticals Inc., a biopharmaceutical company, engages in the research, development, and commercialization of therapies for rare diseases and oncology indications worldwide.

Full company description

CANbridge Pharmaceuticals Inc., a biopharmaceutical company, engages in the research, development, and commercialization of therapies for rare diseases and oncology indications worldwide. The company offers Hunterase, an enzyme replacement therapy (ERT) for the treatment of Hunter syndrome; and Livmarli, an oral, minimally-absorbed, reversible ileal bile acid transporter inhibitor for the treatment of alagille syndrome and progressive familial intrahepatic cholestasis. It also develops CAN106, an anti-C5 mAb for paroxysmal nocturnal hemoglobinuria; and CAN103, a recombinant human ERT for the treatment of gaucher disease. In addition, the company develops CAN107, a fibroblast growth factor 23 (FGF23) blocking antibody for X-linked hypophosphatemia; CAN104, a recombinant human ERT GLA for fabry disease; CAN105, a bispecific antibody for the treatment of hemophilia A; and CAN204 to treat Duchenne muscular dystrophy. The company has a license agreement with Mirum Pharmaceuticals, Inc. for the development, manufacture, and commercialization of Livmarli. CANbridge Pharmaceuticals Inc. was founded in 2012 and is headquartered in Suzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CANbridge Pharmaceuticals Inc reported revenue of HK$50.0M in FY2025 versus HK$31.2M in FY2021, a compound +12.5%/yr. Reported net income was HK$14.8M in FY2025.

Growth Quality 49/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$50.0M
Latest YoY
−41.3%
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.
−14.1%
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.
+33.0%
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.
−8.7%
Revenue +12.5%/yr
FY21 HK$31.2M
FY22 HK$79.0M
FY23 HK$103M
FY24 HK$85.1M
FY25 HK$50.0M
Net income
FY21 −HK$1.1B
FY22 −HK$483M
FY23 −HK$379M
FY24 −HK$443M
FY25 HK$14.8M

1228 screens 42% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "CANbridge Pharmaceuticals Inc Fair Value". https://www.fairvalue-calculator.com/stock/1228

Peer Group

Biotechnology · 600 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 46 · Above median
Fair Value upside −42% · Above median
Return on assets -41% · Bottom 25%
Net margin (TTM) 30% · Top 25%
Operating margin (TTM) -180% · Bottom 25%
Revenue growth -31% · Bottom 25%
Dividend yield (TTM) 1.6% · Above median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/E (TTM) 70.3× · Pricier than 75% of peers
P/S (TTM) 21.58× · Pricier 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 0 · sector 0
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 100 · sector 97
DIVIDEND 32 · sector 27

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

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $525.73 $278.78 -47%
Regeneron Pharmaceuticals, Inc REGN $797.99 $594.40 -26%
Samsung Biologics Co 207940 1,549,000 KRW 1,055,793 KRW -32%
Celltrion, Inc 068270 202,000 KRW 74,519 KRW -63%
WuXi Biologics (Cayman) Inc 2269 HK$45.70 HK$30.58 -33%
Innovent Biologics, Inc 1801 HK$95.55 HK$19.68 -79%
Genmab A/S GMAB kr 2,037 kr 250.07 -88%
Sino Biopharmaceutical Limited 1177 HK$4.87 HK$3.37 -31%
RemeGen Co 688331 ¥131.87 ¥23.19 -82%
ALTEOGEN Inc 196170 317,500 KRW 39,476 KRW -88%

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Frequently asked questions

Is CANbridge Pharmaceuticals Inc (1228) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.18 versus a price of HK$2.03, about −42% (overvalued).
What is the fair value of 1228?
Our model-based fair value for CANbridge Pharmaceuticals Inc is HK$1.18 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$2.03.
What is the quality score of 1228?
CANbridge Pharmaceuticals Inc has a Quality Score of 46/100. 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 CANbridge Pharmaceuticals Inc (1228)?
CANbridge Pharmaceuticals Inc reported trailing-twelve-month revenue of about HK$50.0M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1228?
The net profit margin of CANbridge Pharmaceuticals Inc is about 29.7%, meaning it keeps roughly 29.7% 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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