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Rici Healthcare Holdings Ltd (1526) Fair Value & Analysis

Healthcare · HK · Market cap HK$1.6B (≈ $205M) · ISIN KYG755601054

What is Rici Healthcare Holdings Ltd really worth?

RH Rici Healthcare Holdings Ltd 1526 · HK
PriceHK$0.8000
Fair ValueHK$4.96
Upside+520.0%
Quality66/100

A solid business, trading 84% below our fair value of HK$4.96.

As of Aug 27, 2026, the fair value of Rici Healthcare Holdings Ltd is HK$4.96 per share against a price of HK$0.8000, so the fair value sits 520% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Solidly profitable · 11.0% net margin
Low debt · generates free cash flow
Ranks above peers (12/13)
Wide moat 73/100

Risks

!Mixed Growth (revenue 5y +7.7 %/yr)
!Evidence only low, so the estimate is less certain

For context

·2.25% dividend yield
Evidence: Low Range HK$3.72 – HK$6.19

Fair value as of: Aug 27, 2026

From 24 valuation models · updated 10 days ago

Fair value updated Aug 27, 2026, revised from HK$4.95 to HK$4.96 (+0.2%) since Aug 13, 2026. Share price −26.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case (HK$3.72). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

HK$1.32 HK$0.3089 Fair Value HK$4.96 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range HK$0.3089 – HK$1.32 · fair‑value band HK$3.72 – HK$6.19 · the HK$0.8000 price screens below the HK$4.96 fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Rici Healthcare Holdings Ltd (1526) currently trades at HK$0.8000, while our model-based Fair Value estimate is HK$4.96, implying the stock looks roughly 83.9% undervalued today. The Quality Score stands at 66/100 (solid quality), in the Healthcare sector. Bull case: the DCF Models group reads highest at a median of HK$6.73 per share, and 23 of the 24 models we run sit above the HK$0.8000 price. Bear case: the Asset-Based group reads lowest at HK$0.6900, and 1 of the 24 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Rici Healthcare Holdings Ltd generated revenue of HK$2.8B at a net margin of 11.0%. Revenue declined 2.5% year over year. It earns a return on equity of 24.8%. Net debt stands at HK$861M. Fundamentals as of Aug 27, 2026

Our scenario range runs from HK$3.72 (bear case) to HK$6.19 (bull case); at HK$0.8000, the current price sits below 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 29% below its 52-week high and 46% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −7% fair-value upside, at 520%, 1526 screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly HK$0.0150 per share, which is 0.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF HK$4.29 HK$6.73 HK$10.44 79
Growth DCF HK$4.24 HK$6.39 HK$9.46 78
Owner Earnings HK$4.34 HK$6.81 HK$10.56 75
All 24 models by family
DCF Models
FCF DCF HK$4.29 HK$6.73 HK$10.44 79
Owner Earnings HK$4.34 HK$6.81 HK$10.56 75
5Y Revenue Exit HK$4.22 HK$6.84 HK$10.38 72
5Y EBITDA Exit HK$6.05 HK$10.60 HK$16.31 74
5Y P/E Exit HK$3.78 HK$5.94 HK$8.38 70
10Y Revenue Exit HK$4.09 HK$6.45 HK$10.00 66
10Y EBITDA Exit HK$5.30 HK$8.95 HK$14.51 67
10Y P/E Exit HK$3.93 HK$5.85 HK$8.48 64
Earnings-Based
Graham-Dodd HK$1.31 HK$6.01 HK$8.24 64
Lynch FV HK$1.58 HK$2.25 HK$2.93 61
PEG = 1.0 HK$1.58 HK$2.25 HK$2.93 57
EPV HK$2.99 HK$3.32 HK$3.60 74
Multiples
P/E Multiple HK$3.19 HK$4.25 HK$5.32 63
P/S Multiple HK$2.47 HK$3.29 HK$4.11 58
P/B Multiple HK$2.47 HK$3.29 HK$4.11 55
EV/EBIT HK$5.91 HK$7.69 HK$9.47 66
EV/EBITDA HK$7.74 HK$10.13 HK$12.52 67
EV/Revenue HK$4.27 HK$5.85 HK$7.44 54
Asset-Based
NCAV (Graham) HK$0.5200 HK$0.6900 HK$1.04 54
Growth DCF
Growth DCF HK$4.24 HK$6.39 HK$9.46 78
Rev-Margin DCF HK$4.22 HK$6.79 HK$10.09 72
Economic Profit
Residual Income HK$1.10 HK$1.45 HK$4.15 66
ROIC Compounder HK$3.15 HK$3.69 HK$4.25 72
Growth Earnings
Growth-Adj P/E HK$2.60 HK$3.72 HK$4.83 67

Widest divergence: DCF Models (HK$6.73) versus Asset-Based (HK$0.6900). Highest evidence: FCF DCF (79).

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Key figures & financial health

P/E ratio 4.6 as of Jul 2, 2026
P/S ratio 0.50 P/E × margin
EPS (TTM) HK$0.0400 price ÷ EPS = P/E 4.6
Dividend yield 2.3% payout 45.0%
Net margin 11.0% FY2025
Return on equity 24.8% TTM
More key figures
Profitability
Return on assets (EBIT) 12.2% avg 5y
Operating margin 31.0% TTM
Growth
Revenue (TTM) HK$2.8B TTM
Revenue growth (YoY) −2.5% 3y avg +5.6%
EPS growth (YoY) +18.3%
Balance sheet & cash flow
Free cash flow HK$562M FY2025
Net debt HK$861M FY2025 · ≈ 1.5 yrs of FCF

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 63 · Market factors (momentum, volatility) 40

Profitability 50
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 26
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Rici Healthcare Holdings Limited, an investment holding company, operates general hospitals and medical examination centers in the People's Republic of China. The company medical laboratory, health counselling, maternity and child nursing, examination, and elderly care services. It also sells medical equipment.

Full company description

Rici Healthcare Holdings Limited, an investment holding company, operates general hospitals and medical examination centers in the People's Republic of China. The company medical laboratory, health counselling, maternity and child nursing, examination, and elderly care services. It also sells medical equipment. Rici Healthcare Holdings Limited was founded in 2000 and is headquartered in Shanghai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Rici Healthcare Holdings Ltd reported revenue of 2.8B CNY in FY2025 versus 2.4B CNY in FY2021, a compound +4.1%/yr. Reported net income was 307M CNY in FY2025, compounding +14.0%/yr from FY2021.

Growth Quality 79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$2.8B
Latest YoY
−4.4%
Avg. revenue 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.
+5.6%
Avg. revenue 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.
+7.7%
Avg. revenue growth/yr (12Y) 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.
+15.6%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+13.4% · in HKD
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+11.1%
Dividend yield2.3%
Trend 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.5Y 11.1% vs 10Y 23.8%, flattening
Operating margin (EBIT) 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.3.9% (2020) → 23.8% (2025) · rising
Worst earnings drop156% (2018) (loss year, drop beyond 100%) · in HKD
Revenue +4.1%/yr
FY21 2.4B CNY
FY22 2.4B CNY
FY23 3.0B CNY
FY24 2.9B CNY
FY25 2.8B CNY
Net income +14.0%/yr
FY21 182M CNY
FY22 291M CNY
FY23 364M CNY
FY24 297M CNY
FY25 307M CNY
Character of growth · EPS growth decomposed (2014-2025) +27.5 % p.a.
Revenue per share +14.2 %

of which total revenue +15.8 % · buybacks/dilution −1.3 %

EBIT margin +11.3 %
Tax rate +0.9 %
Residual (interest, one-offs) −0.5 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Rici Healthcare Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1526.HK

Peer Group

Medical Care Facilities · 257 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 66 · Top 25%
Return on equity (TTM) 25% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 11% · Above median
Operating margin (TTM) 31% · Top 25%
Revenue growth −3% · Bottom 25%
Dividend yield (TTM) 2.3% · Above median
Debt / equity 0.15× · Lower than median

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/E (TTM) 4.6× · Cheaper than 75% of peers
P/B 0.97× · Cheaper than median
P/S (TTM) 0.57× · Cheaper than median
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 0.8× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 22
FUTURE0 · sector 26
PAST99 · sector 30
HEALTH93 · sector 90
DIVIDEND45 · sector 42

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

Similar stocks

10 more Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc HCA $417.82 $547.67 +31%
Fresenius SE FRE €45.25 €32.15 −29%
Dr. Sulaiman Al Habib Medical Services Group 4013 241.00 SAR 112.37 SAR −53%
IHH Healthcare Berhad, an investment holding company, Q0F 2.67 SGD 1.44 SGD −46%
Tenet Healthcare Corporation THC $266.80 $330.25 +24%
DaVita Inc DVA $180.68 $186.49 +3%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,818 ₹2,955 −66%
Fresenius Medical Care AG FME €39.92 €71.28 +79%
Aier Eye Hospital Group 300015 ¥8.25 ¥7.67 −7%
Max Healthcare Institute Limited MAXHEALTH ₹1,005 ₹284.87 −72%

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Frequently asked questions

Is Rici Healthcare Holdings Ltd (1526) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of HK$4.96 versus a price of HK$0.8000, about +520% upside (undervalued).
What is the fair value of 1526?
Our model-based fair value for Rici Healthcare Holdings Ltd is HK$4.96 (as of Aug 27, 2026), built from audited fundamentals. The current price: HK$0.8000.
What is the quality score of 1526?
Rici Healthcare Holdings Ltd has a Quality Score of 66/100. 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 Rici Healthcare Holdings Ltd (1526)?
Our model-based price target is the fair value of HK$4.96 (as of Aug 27, 2026) from 24 valuation models. Cautious scenario HK$3.72, optimistic scenario HK$6.19. It is a calculation from audited fundamentals, not an analyst target.
What is the Rici Healthcare Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$4.96, about +520% upside versus a price of HK$0.8000 (undervalued). Cautious scenario HK$3.72, optimistic scenario HK$6.19. The calculation is refreshed regularly with new filings.
What is the revenue of Rici Healthcare Holdings Ltd (1526)?
Rici Healthcare Holdings Ltd reported trailing-twelve-month revenue of about HK$2.8B (latest available figure, as of Aug 27, 2026).
What is the net profit margin of 1526?
The net profit margin of Rici Healthcare Holdings Ltd is about 11.0%, meaning it keeps roughly 11.0% of revenue as net income. Based on the latest reported figures.
Does Rici Healthcare Holdings Ltd pay a dividend?
Rici Healthcare Holdings Ltd currently shows a dividend yield of about 2.25% relative to its recent price (as of Aug 27, 2026).
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