Impro Precision Industries Limited (1286) Fair Value & Analysis
Industrials · HK · Market cap HK$14.7B
Fair value as of: Aug 13, 2026
From 26 valuation models · updated 2 days ago
Share price +7.2% over the past month.
A solid business, but screening 43% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (HK$8.20). The favourable scenario is already priced in.
- The model range is unusually wide (HK$2.72 to HK$8.20). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
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$1.29 – HK$11.45 · fair‑value band HK$2.72 – HK$8.20 · the HK$8.92 price screens above the HK$5.06 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Impro Precision Industries Limited (1286) currently trades at HK$8.92, while our model-based Fair Value estimate is HK$5.06, implying the stock looks roughly 43.2% overvalued today. The Quality Score stands at 57/100 (solid 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: high).
Over the trailing twelve months, Impro Precision Industries Limited generated revenue of HK$5.1B at a net margin of 14.3%. Revenue grew 15.8% year over year. It earns a return on equity of 14.1%. Net debt stands at HK$1.7B. Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$2.72 (bear case) to HK$8.20 (bull case); at HK$8.92, 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 24% below its 52-week high and 217% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -46% fair-value upside, at -43%, 1286 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.
All 26 models by family
Widest divergence: Growth Earnings (HK$7.46) versus Asset-Based (HK$1.99). Highest evidence: Growth DCF (80).
Notify me when 1286 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 56 · Market factors (momentum, volatility) 59
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
Impro Precision Industries Limited provides casting products and precision machining parts in the Americas, Europe, and Asia. It operates through Investment Casting, Precision Machining and Others, Sand Casting, and Surface Treatment segments.
Full company description
Impro Precision Industries Limited provides casting products and precision machining parts in the Americas, Europe, and Asia. It operates through Investment Casting, Precision Machining and Others, Sand Casting, and Surface Treatment segments. The company offers components for fuel systems, electric fuel injection and exhaust systems, transmission systems, hydraulic orbital motors and tool parts, engine blocks, cylinder heads, emission and engine systems, marine engines and steering systems, motorcycle brakes, exhaust gas recirculation and body systems, motor shafts, and turbo chargers, body systems, and motor shaft for electric vehicles. It also provides pumps, bearings, fire safety equipment, and food processing machinery; gas turbine combustor end covers, fuel nozzles, oil drilling platform, drilling plate drilling, mining drilling tools, well completion parts, sand control and its systems, etc.; and surface treatment of nuclear reactor internals and components of control rod drive mechanisms. In addition, the company offers electroplating services for brake systems, fasteners, steering systems, emission systems, and decorative components for traditional combustion engine vehicles and electric vehicles; hard chrome plating for air and fuel systems and engine parts; and anodizing and chemical film of components for fuel systems, engine systems, hydraulic systems, and flight control systems. Further, it provides components for air and fuel systems, aircraft engine systems, hydraulic systems, flight control systems, environment control systems, landing control systems, and auxiliary power units; and surgical instruments, surgical robots, medical diagnosis equipment, biosystem equipment, and prosthetics and patient handling equipment. Additionally, the company offers customer maintenance services, as well as manages logistic centers and warehouses. The company was founded in 1998 and is headquartered in Wan Chai, Hong Kong.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Impro Precision Industries Limited reported revenue of HK$5.1B in FY2025 versus HK$3.8B in FY2021, a compound +7.8%/yr. Reported net income was HK$726M in FY2025, compounding +17.4%/yr from FY2021.
of which total revenue +7.9 pp · buybacks/dilution −0.4 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
1286 screens 43% overvalued. Compare with GE Vernova Inc →
Peer Group
Specialty Industrial Machinery · 807 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 Specialty Industrial Machinery 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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| GE Vernova Inc 1GEV | €899.80 | €186.93 | -79% |
| 1SIE 1SIE | €281.75 | €91.93 | -67% |
| SMNS SMNS | C$31.76 | C$22.75 | -28% |
| Atlas Copco AB ATCOA | kr 210.00 | kr 112.59 | -46% |
| Sandvik AB SAND | kr 358.60 | kr 193.01 | -46% |
| Zhejiang Sanhua Intelligent Controls Co 002050 | ¥39.17 | ¥22.68 | -42% |
| NARI Technology Co 600406 | ¥24.06 | ¥18.71 | -22% |
| ABB India Limited ABB | ₹7,700 | ₹1,322 | -83% |
| Cummins India Limited CUMMINSIND | ₹5,315 | ₹1,355 | -75% |
| Bharat Heavy Electricals Limited BHEL | ₹420.00 | ₹96.51 | -77% |
Compare Impro Precision Industries Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Impro Precision Industries Limited (1286) overvalued or undervalued?
What is the fair value of 1286?
What is the quality score of 1286?
What is the revenue of Impro Precision Industries Limited (1286)?
What is the net profit margin of 1286?
Does Impro Precision Industries Limited pay a dividend?
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 Impro Precision Industries Limited 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.