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1235 (1235) Fair Value & Analysis

Consumer Cyclical · Market cap HK$96.9M

1 1235 1235 · HK
PriceHK$0.1900
Fair ValueHK$0.1500
Upside-21.1%
Quality68/100
Evidence: High Range HK$0.1100 – HK$0.1800

Fair value as of: Jul 2, 2026

From 24 valuation models · updated today

Share price −3.1% over the past month.

Price vs Fair Value (12 months)

HK$0.2020 HK$0.1371 Fair Value HK$0.1500 Jun 2025 Jun 2026

12‑month range HK$0.1371 – HK$0.2020 · fair‑value band HK$0.1100 – HK$0.1800 · the HK$0.1900 price screens above the HK$0.1500 fair value. As of Jul 2, 2026.

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Analysis

1235 (1235) currently trades at HK$0.1900, while our model-based Fair Value estimate is HK$0.1500 — implying the stock looks roughly 21.1% overvalued today. We read business quality at 68/100 (solid quality), in the Consumer Cyclical 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: high).

Over the trailing twelve months, 1235 generated revenue of HK$289M at a net margin of 0.2%. Revenue grew 29.3% year over year. It earns a return on equity of 0.8%. The balance sheet holds a net cash position of HK$79.9M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$289M
Revenue growth (YoY) +29.3%
Net margin 0.2%
Return on equity 0.8%
Free cash flow HK$17.6M FY2025
Operating margin -2.0%
More key figures
EPS growth (YoY) -88.0%
Net cash HK$79.9M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

1235 reported revenue of HK$255M in FY2025 versus HK$6.4M in FY2021, a compound +151.1%/yr. Reported net income was HK$3.4M in FY2025.

Revenue +151.1%/yr
FY21 HK$6.4M
FY22 HK$10.3M
FY23 HK$40.3M
FY24 HK$162M
FY25 HK$255M
Net income
FY21 −HK$32.9M
FY22 −HK$17.9M
FY23 −HK$2.2M
FY24 HK$9.0M
FY25 HK$3.4M

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Similar stocks

6 more Travel Services stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

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Airbnb, Inc ABNB C$23.33 C$10.94 -53%
Royal Caribbean Cruises Ltd RCL $280.00 $128.75 -54%
Viking Holdings VIK $103.05 $61.24 -41%
Carnival Corporation CCL $27.85 $17.98 -35%
Trip.com Group 9961 HK$377.40 HK$662.01 +75%

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Frequently asked questions

Is 1235 (1235) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$0.1500 versus a price of HK$0.1900 — about −21% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1235?
Our model-based fair value for 1235 is HK$0.1500 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.1900.
What is the quality score of 1235?
1235 has a Quality Score of 68/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 1235 (1235)?
1235 reported trailing-twelve-month revenue of about HK$289M (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 1235?
The net profit margin of 1235 is about 0.2%, meaning it keeps roughly 0.2% 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.

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