Hua Hong Semiconductor Ltd (1347) fair value: what the stock is really worth
As of Nov 12, 2026: fair value (intrinsic value) of Hua Hong Semiconductor Ltd stock HK$75.81, price HK$77.00, that is 1.5% below the price, quality 43 out of 100. Rating: fairly valued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.
Last quarter vs. a year ago: revenue +20%, profit +145%.›
Fair value HK$75.81 · Fairly valued›
Quality 43/100›
Expensive Growth(revenue 5y +20.1 %/yr in USD)›
Thin margins · 6.2% net margin (TTM)›
Some data›
Changed on Nov 13: HK$9.69→ HK$75.81›
Negative free cash flow›
Trails peers(3/13)›
Narrow moat29/100
Recent news mostly negative›
⟳ Cyclical
Main risks:
🚩Price drop: Results below expectations amid broader Asia chip stock pullback🚩Dependence on top customers🚩Debt-funded capacity expansion🚩Price pressure from domestic rivals
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 13, 2026.
How to read this chart
60‑month range HK$13.74 – HK$215.20 · fair‑value band HK$56.79 – HK$94.71 · the HK$77.00 price screens above the HK$75.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 13, 2026.
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Hua Hong Grace Semiconductor Limited, an investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, and Europe.
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The company offers embedded non-volatile memory; standalone non-volatile memory, including NOR flash and EEPROM; power discrete devices; analog and power management platform; and specialty logic RF processes and image sensors.
It also provides design services which covers design methodologies and design flow support, standard and customized internet protocol development, ASIC design, and one-stop services; multi-project wafer services; mask marking services; and backend, testing development, mass production, product engineering, and backside processing services.
In addition, the company engages in real estate development; and trading activities. Its products are used in consumer electronics, industrial control, automotive electronics, Internet of Things, and communications and computers applications.
Hua Hong Grace Semiconductor Limited was formerly known as Hua Hong Semiconductor Limited and changed its name to Hua Hong Grace Semiconductor Limited in May 2026. The company was founded in 1997 and is headquartered in Shanghai, the People's Republic of China.
Stock analysis
Hua Hong Semiconductor Ltd (1347) currently trades at HK$77.00, while our model-based Fair Value estimate is HK$75.81, so the stock looks roughly fairly valued today (gap 1.5%).
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Valuation
Bull case: the Multiples group reads highest at a median of HK$18.76 per share, and 0 of the 10 models we run sit above the HK$77.00 price.
Bear case: the Economic Profit group reads lowest at HK$14.68, and 10 of the 10 models stay below the price. Data coverage for this calculation is medium.
Scenario range: HK$56.79 (bear) to HK$94.71 (bull), the price of HK$77.00 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Hua Hong Semiconductor Ltd reported revenue of $2.4B in FY2025 versus $1.6B in FY2021, a compound +10.2%/yr. Reported net income was $52.5M in FY2025, compounding −33.1%/yr from FY2021.
Key figures
Market cap HK$186B (≈ $23.7B) Large · P/E ratio 172.8 · P/S ratio 13.9 · EPS (TTM) HK$0.1100 · Net margin 6.2% · Return on equity 0.5% · Return on assets (EBIT) 2.2% (5-year average) · Operating margin 1.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 29 out of 100 (medium confidence).
What moves the price
The share trades about 64% below its 52-week high and 30% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −17% fair-value upside, at −2%, 1347 screens cheaper than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (HK$2.76 to HK$34.33). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
BearHK$56.79Fair Value HK$75.81BullHK$94.71
Price HK$77.00 · Downside -1.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (HK$0.0955 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual IncomeHK$13.74HK$14.68HK$16.4276
EV/EBITDAHK$24.39HK$31.53HK$38.6667
Growth-Adj P/EHK$3.49HK$4.99HK$6.4967
All 10 models by family
Earnings-Based
Graham-DoddHK$1.45HK$7.16HK$9.8864
Lynch FVHK$1.93HK$2.76HK$3.5861
PEG = 1.0HK$1.93HK$2.76HK$3.5857
Multiples
P/E MultipleHK$4.48HK$5.98HK$7.4763
P/S MultipleHK$2.72HK$3.63HK$4.5457
P/B MultipleHK$25.74HK$34.33HK$42.9155
EV/EBITDAHK$24.39HK$31.53HK$38.6667
Asset-Based
NCAV (Graham)HK$4.98HK$7.55HK$9.4354
Economic Profit
Residual IncomeHK$13.74HK$14.68HK$16.4276
Growth Earnings
Growth-Adj P/EHK$3.49HK$4.99HK$6.4967
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+19.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−1.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+20.1%
Start year 2020 (pandemic). Over 10 years: +14.0% a year
Revenue growth 14 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.3%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−24.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−24.8%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−24.8% vs −12.0%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−2% → −4%
News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Negative
Recent news coverage is more negative than average.
AI conclusion: The company's mature-node foundries support AI server power and memory needs but its commoditized position leads to weak margins, low returns and negative free cash flow.
Main risk: A significant share of revenue comes from a small number of key customers, so any substantial reduction in their orders could sharply cut sales and utilisation rates.
Bull case: By deepening its silicon photonics and power-management offerings the company could capture more AI-related demand and offset competitive or cyclical pressures through higher-value products and sustained utilisation.
Bear case: If customer concentration rises or debt-driven depreciation coincides with renewed price competition and softer domestic orders, margins could stay compressed and returns on the expanded capacity remain low for years.
Hua Hong Semiconductor focuses on mature-node foundries for power management and embedded memory that power AI servers. Recent analyst commentary noted its Q3 revenue guidance came in below expectations despite stronger margin outlook, amid a broader pullback in Asia chip stocks. With results due tomorrow, will execution on specialty demand overcome integration costs and cyclical pressures?
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Peer Groupⓘ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.Semiconductors · 399 stocks
Beats the industry median on 3/13 measures
Overall it trails its industry peers.
Valuation
Quality Score43 · Below median
Fair Value upside−1.5% · Top 25%
Profitability
Return on equity (12 months)0.5% · Below median
Return on assets0.6% · Below median
Net margin (12 months)10.4% · Above median
Operating margin (12 months)1.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)19.9% · Below median
Balance sheet
Debt / equity0.43× · Highest 25%
Valuation Multiplesvs Semiconductors median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hua Hong Semiconductor Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1347
Frequently asked questions
Is Hua Hong Semiconductor Ltd (1347) overvalued or undervalued?
As of Nov 13, 2026, our model estimates a fair value of HK$75.81 versus a price of HK$77.00, about 2% lower (fairly valued).
What is the fair value of 1347?
Our model-based fair value for Hua Hong Semiconductor Ltd is HK$75.81 (as of Nov 13, 2026), built from audited fundamentals. The current price: HK$77.00.
What is the quality score of 1347?
Hua Hong Semiconductor Ltd has a Quality Score of 43/100. 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 price target for Hua Hong Semiconductor Ltd (1347)?
Our model-based price target is the fair value of HK$75.81 (as of Nov 13, 2026) from 10 valuation models. Cautious scenario HK$56.79, optimistic scenario HK$94.71. It is a calculation from audited fundamentals, not an analyst target.
What is the Hua Hong Semiconductor Ltd stock forecast for 2026?
Our models put fair value at HK$75.81, about 2% lower versus a price of HK$77.00 (fairly valued). Cautious scenario HK$56.79, optimistic scenario HK$94.71. The calculation is refreshed regularly with new filings.
What is the revenue of Hua Hong Semiconductor Ltd (1347)?
Hua Hong Semiconductor Ltd reported trailing-twelve-month revenue of about $2.8B (latest available figure, as of Nov 13, 2026).
What is the intrinsic value of Hua Hong Semiconductor Ltd (1347)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hua Hong Semiconductor Ltd it is HK$75.81 per share (as of Nov 13, 2026), against a price of HK$77.00. It is the blended result of 10 valuation models in 5 families (Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Hua Hong Semiconductor Ltd stock overvalued or undervalued in 2026?
As of Nov 13, 2026, 1347 trades above its calculated fair value: price HK$77.00, fair value HK$75.81, a gap of about −2% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 1347?
No. The price is what the market pays today (HK$77.00); the fair value is what the company's own numbers justify (HK$75.81). For Hua Hong Semiconductor Ltd the two are HK$1.19 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hua Hong Semiconductor Ltd worth?
The market values Hua Hong Semiconductor Ltd at about HK$186B (market capitalisation, as of Nov 13, 2026). Per share that is HK$77.00; our models calculate a fair value of HK$75.81 per share.
What do the bullish and bearish scenarios say about 1347?
Our models span a range for Hua Hong Semiconductor Ltd: cautious scenario HK$56.79, base HK$75.81, optimistic HK$94.71 per share (as of Nov 13, 2026, price HK$77.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1347?
Hua Hong Semiconductor Ltd trades at a price-to-earnings ratio of 172.8 (as of Nov 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$75.81 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 306.7 (reported for FY2025: 325.0). Other multiples: PEG 0.3, P/B 3.7, P/S 13.9, EV/EBITDA 38.1.
What is the PEG ratio of 1347?
The PEG ratio of Hua Hong Semiconductor Ltd is 0.35 (P/E divided by earnings growth, as of Nov 13, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Hua Hong Semiconductor Ltd (1347)?
Balance-sheet figures for Hua Hong Semiconductor Ltd (as of Nov 13, 2026): return on equity 0.5%, debt of 0.43 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is 1347 from its 52-week high?
Hua Hong Semiconductor Ltd trades at HK$77.00, about 64% below its 52-week high of HK$215.20 and 30% above the low of HK$59.35 (as of Nov 12, 2026). Distance from the high says nothing about value: that is what the fair value of HK$75.81 is for.
Which stocks are comparable to Hua Hong Semiconductor Ltd?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hua Hong Semiconductor Ltd stock attractive at the current price?
The data as of Nov 13, 2026: price HK$77.00, calculated fair value HK$75.81 (−2%), Quality Score 43/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 1347 calculated?
We run Hua Hong Semiconductor Ltd through 10 models from 5 families: Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of HK$75.81 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.3% above its aggregate fair value. Hua Hong Semiconductor Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hua Hong Semiconductor Ltd (1347)?
The closing price on Nov 12, 2026 was HK$77.00. Our model-based fair value is HK$75.81, about 2% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hua Hong Semiconductor Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Hua Hong Semiconductor Ltd
How large is the market capitalisation of Hua Hong Semiconductor Ltd (1347)?
The market capitalisation of Hua Hong Semiconductor Ltd is HK$186B (≈ $23.7B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hua Hong Semiconductor Ltd (1347)?
The price-to-sales ratio of Hua Hong Semiconductor Ltd is 13.9 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hua Hong Semiconductor Ltd (1347)?
Earnings per share at Hua Hong Semiconductor Ltd are HK$0.1100 (price ÷ EPS = P/E 172.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Hua Hong Semiconductor Ltd (1347)?
The net margin of Hua Hong Semiconductor Ltd is 6.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hua Hong Semiconductor Ltd (1347)?
The return on equity (ROE) of Hua Hong Semiconductor Ltd is 0.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hua Hong Semiconductor Ltd (1347)?
On an EBIT basis the return on assets of Hua Hong Semiconductor Ltd is 2.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hua Hong Semiconductor Ltd (1347)?
The operating margin of Hua Hong Semiconductor Ltd is 1.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hua Hong Semiconductor Ltd (1347)?
Revenue at Hua Hong Semiconductor Ltd is growing +19.9% versus a year earlier (3y avg −1.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hua Hong Semiconductor Ltd (1347)?
Earnings per share at Hua Hong Semiconductor Ltd are growing +145% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hua Hong Semiconductor Ltd (1347) generate?
The free cash flow of Hua Hong Semiconductor Ltd is −$1.0B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Hua Hong Semiconductor Ltd (1347) hold?
Hua Hong Semiconductor Ltd holds more cash than debt, $1.2B net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Some data
Nov 13, 2026