Macau E And M Holding Ltd (1408) Fair Value & Analysis
Industrials · HK · Market cap HK$168M
Fair value as of: Aug 13, 2026
From 16 valuation models · updated 3 days ago
Share price −1.4% over the past month.
A solid business, but screening 79% overvalued on our models.
What matters now
- A high-quality business (quality 73/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- The price sits above even our optimistic bull case (HK$0.0900). The favourable scenario is already priced in.
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$0.1124 – HK$4.31 · fair‑value band HK$0.0600 – HK$0.0900 · the HK$0.3400 price screens above the HK$0.0700 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Macau E And M Holding Ltd (1408) currently trades at HK$0.3400, while our model-based Fair Value estimate is HK$0.0700, implying the stock looks roughly 79.4% overvalued today. The Quality Score stands at 73/100 (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, Macau E And M Holding Ltd generated revenue of HK$75.3M at a net margin of 2.8%. Revenue grew 4.3% year over year. It earns a return on equity of 1.1%. The balance sheet holds a net cash position of HK$101M. Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$0.0600 (bear case) to HK$0.0900 (bull case); at HK$0.3400, 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 27% below its 52-week high and 159% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at -79%, 1408 screens richer 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 16 models by family
Widest divergence: Growth DCF (HK$0.5500) versus Earnings-Based (HK$0.0400). Highest evidence: Growth DCF (80).
Notify me when 1408 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 75 · Market factors (momentum, volatility) 61
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
Macau E&M Holding Limited, an investment holding company, provides electrical and mechanical (E&M) engineering works, and maintenance and repair services in Macau.
Full company description
Macau E&M Holding Limited, an investment holding company, provides electrical and mechanical (E&M) engineering works, and maintenance and repair services in Macau. The company engages in the supply and installation of low voltage systems; heating, ventilation, and air-conditioning systems; extra low voltage system works; testing and commissioning services; and management and monitoring of quality and delivery of E&M engineering services works. It also offers repair and maintenance services for property and hospitality facilities, including hotels and entertainment resorts. Macau E&M Holding Limited was founded in 2011 and is headquartered in Macau.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Macau E And M Holding Ltd reported revenue of HK$76.8M in FY2025 versus HK$184M in FY2021, a compound −19.7%/yr. Reported net income was HK$2.2M in FY2025, compounding −46.3%/yr from FY2021.
1408 screens 79% overvalued. Compare with Larsen & Toubro Limited →
Peer Group
Engineering & Construction · 837 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 Engineering & Construction 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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Larsen & Toubro Limited LT | ₹4,020 | ₹1,994 | -50% |
| Samsung C&T Corporation 028260 | 357,500 KRW | 261,411 KRW | -27% |
| Hyundai Engineering & Construction Co 000720 | 113,700 KRW | 61,453 KRW | -46% |
| Samsung E&A Co 028050 | 49,300 KRW | 43,624 KRW | -12% |
| Rail Vikas Nigam Limited RVNL | ₹230.00 | ₹48.92 | -79% |
| Daewoo Engineering & Construction Co 047040 | 18,400 KRW | 6,507 KRW | -65% |
| KEPCO Engineering & Construction Company 052690 | 99,800 KRW | 19,346 KRW | -81% |
| GS Engineering & Construction Corporation 006360 | 35,200 KRW | 23,135 KRW | -34% |
| DL E&C Co 375500 | 73,500 KRW | 148,433 KRW | +102% |
| KEPCO Plant Service & Engineering Co 051600 | 46,350 KRW | 43,924 KRW | -5% |
Compare Macau E And M Holding Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Macau E And M Holding Ltd (1408) overvalued or undervalued?
What is the fair value of 1408?
What is the quality score of 1408?
What is the revenue of Macau E And M Holding Ltd (1408)?
What is the net profit margin of 1408?
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 Macau E And M Holding Ltd 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.