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Best Food Holding Co Ltd (1488) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$1.4B

BF Best Food Holding Co Ltd 1488 · HK
PriceHK$0.8500
Fair ValueHK$0.5000
Upside-41.2%
Quality46/100
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Weak Growth
Loss-making · -1.3% net margin
Negative equity (buybacks among others) · generates free cash flow
Trails peers (2/10)
Narrow moat 12/100
Evidence: Medium Range HK$0.2700 – HK$0.5000 Share as image

Fair value as of: Aug 13, 2026

From 8 valuation models · updated 3 days ago

Share price +19.7% over the past month.

Below-average quality, and screening another 41% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (HK$0.5000). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (HK$0.2700 to HK$0.5000) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$1.29 HK$0.5000 Fair Value HK$0.5000 Mar 2021 Aug 2026

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$0.5000 – HK$1.29 · fair‑value band HK$0.2700 – HK$0.5000 · the HK$0.8500 price screens above the HK$0.5000 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Best Food Holding Co Ltd (1488) currently trades at HK$0.8500, while our model-based Fair Value estimate is HK$0.5000, implying the stock looks roughly 41.2% overvalued today. The Quality Score stands at 46/100 (below-average 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: medium).

Over the trailing twelve months, Best Food Holding Co Ltd generated revenue of HK$410M at a net margin of -1.3%. Revenue declined 10.6% year over year. Net debt stands at HK$657M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.2700 (bear case) to HK$0.5000 (bull case); at HK$0.8500, 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 15% below its 52-week high and 93% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -51% fair-value upside, at -41%, 1488 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 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. Evidence
Highest evidence
Rev-Margin DCF HK$0.0400 74
EV/EBITDA HK$0.2400 HK$0.4400 HK$0.6400 54
EV/EBIT HK$0.0700 HK$0.2100 HK$0.3500 53
All 8 models by family
DCF Models
Owner Earnings HK$0.0400 31
5Y Revenue Exit HK$0.0500 39
5Y EBITDA Exit HK$0.0100 HK$0.2200 HK$0.5100 41
10Y EBITDA Exit HK$0.0600 HK$0.1900 37
Multiples
EV/EBIT HK$0.0700 HK$0.2100 HK$0.3500 53
EV/EBITDA HK$0.2400 HK$0.4400 HK$0.6400 54
EV/Revenue HK$0.0600 43
Growth DCF
Rev-Margin DCF HK$0.0400 74

Widest divergence: Multiples (HK$0.2100) versus DCF Models (HK$0.0600). Highest evidence: Rev-Margin DCF (74).

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Key figures & financial health

Revenue (TTM) HK$410M
Revenue growth (YoY) -10.6%
Net margin -1.3%
Return on equity -212%
Free cash flow HK$33.9M FY2025
Operating margin -18.4%
More key figures
EPS (TTM) HK$-0.0200
Net debt HK$657M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 45 · Market factors (momentum, volatility) 48

Profitability 19
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 6
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 48
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

Best Food Holding Company Limited, an investment holding company, operates a chain of restaurants in the People's Republic of China. The company operates Chinese fast food and hot pot chain restaurants.

Full company description

Best Food Holding Company Limited, an investment holding company, operates a chain of restaurants in the People's Republic of China. The company operates Chinese fast food and hot pot chain restaurants. It also provides technical consultation, wholesale and retail, leasing and business, consulting, and catering management services; and manufactures condiments. The company was formerly known as Lee & Man Handbags Holding Limited and changed its name to Best Food Holding Company Limited in October 2016. The company was founded in 1976 and is based in Central, Hong Kong. Best Food Holding Company Limited operates as a subsidiary of Sonic Tycoon Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Best Food Holding Co Ltd reported revenue of HK$410M in FY2025 versus HK$753M in FY2021, a compound −14.1%/yr. Reported net income was −HK$5.2M in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$410M
Latest YoY
−17.0%
Avg. growth/yr (3Y) 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.
−8.6%
Avg. growth/yr (5Y) 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.
−8.9%
Avg. growth/yr (17Y) 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.
−4.7%
Revenue −14.1%/yr
FY21 HK$753M
FY22 HK$538M
FY23 HK$611M
FY24 HK$494M
FY25 HK$410M
Net income
FY21 −HK$640M
FY22 −HK$156M
FY23 −HK$152M
FY24 −HK$242M
FY25 −HK$5.2M

1488 screens 41% overvalued. Compare with McDonald's Corporation →

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Cite: Fair Value Calculator (2026). "Best Food Holding Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1488

Peer Group

Restaurants · 227 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 46 · Below median
Fair Value upside −41% · Below median
Return on assets -4% · Bottom 25%
Net margin (TTM) -1% · Below median
Operating margin (TTM) -18% · Bottom 25%
Revenue growth -11% · Bottom 25%

Valuation Multiples vs Restaurants median · lower = cheaper

P/S (TTM) 0.44× · Cheaper than median
P/FCF 5.3× · Pricier than median

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 · sector 27
FUTURE 0 · sector 19
PAST 0 · sector 15
HEALTH 100 · sector 97
DIVIDEND 0 · sector 71

VALUE 0: the price sits above our fair-value range.

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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 Restaurants stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCDS C$24.01 C$10.84 -55%
Starbucks Corporation SBUX $108.49 $35.83 -67%
Chipotle Mexican Grill, Inc CMG $32.00 $17.92 -44%
Yum! Brands, Inc YUM $150.34 $58.17 -61%
Restaurant Brands International Inc QSR C$104.50 C$36.37 -65%
Darden Restaurants, Inc DRI $218.90 $173.68 -21%
Yum China Holdings YUMC $47.90 $54.27 +13%
Texas Roadhouse, Inc TXRH $214.28 $104.89 -51%
Dutch Bros Inc BROS $51.02 $12.80 -75%
Domino's Pizza, Inc DPZ $353.72 $227.31 -36%

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Frequently asked questions

Is Best Food Holding Co Ltd (1488) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.5000 versus a price of HK$0.8500, about −41% (overvalued).
What is the fair value of 1488?
Our model-based fair value for Best Food Holding Co Ltd is HK$0.5000 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.8500.
What is the quality score of 1488?
Best Food Holding Co Ltd has a Quality Score of 46/100. 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 revenue of Best Food Holding Co Ltd (1488)?
Best Food Holding Co Ltd reported trailing-twelve-month revenue of about HK$410M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1488?
The net profit margin of Best Food Holding Co Ltd is about -1.3%, meaning it is currently running at a net loss. 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.

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