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361 Degrees International Limited (1361) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$8.8B

3D 361 Degrees International Limited 1361 · HK
PriceHK$4.58
Fair ValueHK$12.75
Upside+178.7%
Quality56/100
Mixed Growth
Solidly profitable · 11.7% net margin
Low debt · generates free cash flow
7.09% dividend yield
Ranks above peers (13/15)
Moderate moat 51/100
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Evidence: High Range HK$7.56 – HK$16.97 Share as image

Fair value as of: Aug 5, 2026

From 24 valuation models · updated today

Fair value updated Aug 5, 2026, revised from HK$13.35 to HK$12.75 (−4.5%) since Jul 2, 2026. Share price +9.7% over the past month.

A solid business, screening 179% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$7.56). The market is more pessimistic than our downside scenario.
  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (HK$7.56 to HK$16.97) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$6.98 HK$1.77 Fair Value HK$12.75 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 5, 2026.

How to read this chart

60‑month range HK$1.77 – HK$6.98 · fair‑value band HK$7.56 – HK$16.97 · the HK$4.58 price screens below the HK$12.75 fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

361 Degrees International Limited (1361) currently trades at HK$4.58, while our model-based Fair Value estimate is HK$12.75, implying the stock looks roughly 178.7% undervalued today. We read business quality at 56/100 (solid quality), in the Consumer Cyclical 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: high), always confirm before acting.

Over the trailing twelve months, 361 Degrees International Limited generated revenue of HK$11.1B at a net margin of 11.7%. Revenue grew 10.3% year over year. It earns a return on equity of 13.1%. The balance sheet holds a net cash position of HK$3.8B. Fundamentals as of Aug 5, 2026

Our scenario range runs from HK$7.56 (bear case) to HK$16.97 (bull case); at HK$4.58, the current price sits below that range. The share trades about 35% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 0% fair-value upside, at 179%, 1361 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 BearBaseBull Evidence
Highest evidence
Growth DCF HK$4.86 HK$7.11 HK$10.83 80
Residual Income HK$4.35 HK$5.25 HK$11.12 76
Rev-Margin DCF HK$7.85 HK$13.34 HK$20.63 74
All 24 models by family
DCF Models
FCF DCF HK$4.91 HK$7.46 HK$11.88 38
Owner Earnings HK$8.66 HK$14.36 HK$24.25 31
5Y Revenue Exit HK$7.85 HK$13.61 HK$21.74 39
5Y EBITDA Exit HK$8.21 HK$14.36 HK$22.35 41
5Y P/E Exit HK$8.55 HK$15.08 HK$22.81 38
10Y Revenue Exit HK$6.56 HK$11.65 HK$20.02 36
10Y EBITDA Exit HK$7.05 HK$12.20 HK$20.54 37
10Y P/E Exit HK$7.27 HK$12.72 HK$20.93 35
Earnings-Based
Graham-Dodd HK$4.11 HK$20.81 HK$28.73 54
Lynch FV HK$5.65 HK$8.07 HK$10.49 50
PEG = 1.0 HK$5.65 HK$8.07 HK$10.49 46
EPV HK$7.55 HK$8.44 HK$9.21 59
Multiples
P/E Multiple HK$9.06 HK$12.08 HK$15.10 63
P/S Multiple HK$7.70 HK$10.26 HK$12.83 58
P/B Multiple HK$7.70 HK$10.26 HK$12.83 55
EV/EBIT HK$12.90 HK$16.57 HK$20.24 53
EV/EBITDA HK$10.41 HK$13.25 HK$16.08 54
EV/Revenue HK$9.31 HK$12.49 HK$15.67 43
Asset-Based
NCAV (Graham) HK$2.33 HK$3.12 HK$4.65 50
Growth DCF
Growth DCF HK$4.86 HK$7.11 HK$10.83 80
Rev-Margin DCF HK$7.85 HK$13.34 HK$20.63 74
Economic Profit
Residual Income HK$4.35 HK$5.25 HK$11.12 76
ROIC Compounder HK$8.37 HK$10.57 HK$13.39 72
Growth Earnings
Growth-Adj P/E HK$8.35 HK$11.93 HK$15.52 68

Widest divergence: DCF Models (HK$12.72) versus Asset-Based (HK$3.12). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) HK$11.1B
Revenue growth (YoY) +10.3%
Net margin 11.7%
Return on equity 13.1%
Free cash flow HK$517M FY2025
P/E ratio 5.6
More key figures
Operating margin 11.4%
EPS (TTM) HK$0.4100
Dividend yield 7.1%
EPS growth (YoY) +25.7%
Net cash HK$3.8B FY2025

Figures from reported company fundamentals · as of Aug 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 65 · Market factors (momentum, volatility) 32

Profitability 56
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 82
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

361 Degrees International Limited, an investment holding company, manufactures and trades in sporting goods in the People's Republic of China. It operates through two segments, Adults and Kids. The company offers adult and children footwear, apparel, and accessories for sports and life under the 361 degree core and 361 degree Kids brand names.

Full company description

361 Degrees International Limited, an investment holding company, manufactures and trades in sporting goods in the People's Republic of China. It operates through two segments, Adults and Kids. The company offers adult and children footwear, apparel, and accessories for sports and life under the 361 degree core and 361 degree Kids brand names. It also manufactures and trades in shoes soles; trades in children sporting goods; and operates a gas station. In addition, the company engages in the science and technology promotion and application services; research and development of sporting goods; and organizing sports competitions. It operates a network of stores under the 361º core brand name. The company also sells products through its 361sport.com website; other e-commerce platforms, including Tmall, Taobao, VIP.com, and JD.com; and authorized retailers and distributors. 361 Degrees International Limited was founded in 2003 and is headquartered in Xiamen, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

361 Degrees International Limited reported revenue of HK$11.1B in FY2025 versus HK$5.9B in FY2021, a compound +17.1%/yr. Reported net income was HK$1.3B in FY2025, compounding +21.4%/yr from FY2021.

Growth Quality 86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$11.1B
Latest YoY
+10.6%
Avg. growth/yr (3Y)
+17.0%
Avg. growth/yr (5Y)
+16.8%
Avg. growth/yr (20Y)
+20.6%
Revenue +17.1%/yr
FY21 HK$5.9B
FY22 HK$7.0B
FY23 HK$8.4B
FY24 HK$10.1B
FY25 HK$11.1B
Net income +21.4%/yr
FY21 HK$602M
FY22 HK$747M
FY23 HK$961M
FY24 HK$1.1B
FY25 HK$1.3B

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Cite: Fair Value Calculator (2026). "361 Degrees International Limited Fair Value". https://www.fairvalue-calculator.com/stock/1361

Peer Group

Footwear & Accessories · 93 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 57 · Above median
Fair Value upside +173% · Top 25%
Return on equity (TTM) 13% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 11% · Above median
Revenue growth 10% · Top 25%
Dividend yield (TTM) 7.1% · Top 25%

Valuation Multiples vs Footwear & Accessories median · lower = cheaper

P/E (TTM) 5.6× · Cheaper than 75% of peers
P/B 0.87× · Cheaper than median
P/S (TTM) 0.79× · Pricier than median
P/FCF 2.2× · Pricier than median
EV/EBITDA 2.5× · Cheaper than 75% of peers
PEG 0.57× · Cheaper 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 100 · sector 9
FUTURE 52 · sector 0
PAST 52 · sector 22
HEALTH 100 · sector 97
DIVIDEND 100 · sector 41

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 Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Aug 5, 2026).

Stock Price Fair Value vs Fair Value
NIKE, Inc NKE $44.37 $35.63 -20%
adidas AG 1ADS €184.40 €81.86 -56%
Deckers Outdoor Corporation DECK $106.49 $125.16 +18%
On Holding ONON $38.20 $17.64 -54%
Zhejiang China Commodities City Group 600415 ¥11.59 ¥13.03 +12%
Birkenstock Holding BIRK $44.36 $44.14 -0%
Crocs, Inc CROX $138.91 $203.65 +47%
Huali Industrial Group 300979 ¥31.10 ¥54.71 +76%
PUMA SE PUM €29.31 €10.57 -64%
Steven Madden, Ltd SHOO $43.26 $11.69 -73%

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Frequently asked questions

Is 361 Degrees International Limited (1361) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of HK$12.75 versus a price of HK$4.58, about +179% (undervalued).
What is the fair value of 1361?
Our model-based fair value for 361 Degrees International Limited is HK$12.75 (as of Aug 5, 2026), built from audited fundamentals. The current price is HK$4.58.
What is the quality score of 1361?
361 Degrees International Limited has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 361 Degrees International Limited (1361)?
361 Degrees International Limited reported trailing-twelve-month revenue of about HK$11.1B (latest available figure, as of Aug 5, 2026).
What is the net profit margin of 1361?
The net profit margin of 361 Degrees International Limited is about 11.7%, meaning it keeps roughly 11.7% of revenue as net income. Based on the latest reported figures.
Does 361 Degrees International Limited pay a dividend?
361 Degrees International Limited currently shows a dividend yield of about 7.09% relative to its recent price (as of Aug 5, 2026).

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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