Zhong Ao Home Group (1538) Fair Value & Analysis
Real Estate · HK · Market cap HK$709M
Fair value as of: Aug 5, 2026
From 16 valuation models · updated 5 days ago
Fair value updated Aug 5, 2026, revised from HK$2.03 to HK$1.85 (−8.9%) since Jul 2, 2026. Share price −13.1% over the past month.
A solid business, screening 153% undervalued on our models.
What matters now
- The price is below even our cautious bear case (HK$1.37). The market is more pessimistic than our downside scenario.
- Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Price vs Fair Value (5 years)
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$0.2178 – HK$0.9100 · fair‑value band HK$1.37 – HK$2.30 · the HK$0.7300 price screens below the HK$1.85 fair value. Dashed = 300-day average. As of Aug 5, 2026.
Analysis
Zhong Ao Home Group (1538) currently trades at HK$0.7300, while our model-based Fair Value estimate is HK$1.85, implying the stock looks roughly 153.4% undervalued today. The Quality Score stands at 66/100 (solid quality), in the Real Estate 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, Zhong Ao Home Group generated revenue of HK$1.8B at a net margin of 5.3%. Revenue grew 6.1% year over year. It earns a return on equity of 9.9%. The balance sheet holds a net cash position of HK$584M. Fundamentals as of Aug 5, 2026
Our scenario range runs from HK$1.37 (bear case) to HK$2.30 (bull case); at HK$0.7300, 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 21% below its 52-week high and 118% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at 153%, 1538 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.
All 16 models by family
Widest divergence: DCF Models (HK$3.39) versus Dividend Discount (HK$0.2800). Highest evidence: Growth DCF (80).
Notify me when 1538 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 5, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 67 · Market factors (momentum, volatility) 75
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
Zhong Ao Home Group Limited, an investment holding company, provides property management services to property developers and property owners in the People's Republic of China. The company operates through Property Management, Cleaning and Greening, and Other business segments.
Full company description
Zhong Ao Home Group Limited, an investment holding company, provides property management services to property developers and property owners in the People's Republic of China. The company operates through Property Management, Cleaning and Greening, and Other business segments. It offers property management services and ancillary services, such as cleaning, gardening, property facilities repair and maintenance, and butler services to the residential and non-residential properties, and commercial and government buildings; and indoor and outdoor environmental cleaning, greening, and maintenance services. The company also provides shuttle bus, security guard, and maintenance; landscaping design and construction services; administrative and support services; canteen operations and catering services; and engineering services, including elevators and installation services, as well as sells engineering spare parts. In addition, it offers security services; real estate consulting and agency services; and sales assistance services. The company was founded in 2005 and is headquartered in Foshan, the People's Republic of China. Zhong Ao Home Group Limited is a subsidiary of Qichang International Limited.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Zhong Ao Home Group reported revenue of HK$1.8B in FY2025 versus HK$1.9B in FY2021, a compound −0.4%/yr. Reported net income was HK$98.2M in FY2025, compounding −2.0%/yr from FY2021.
of which total revenue +17.3 pp · buybacks/dilution −6.0 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch 1538: get an alert when its fair value changes →
Peer Group
Real Estate Services · 520 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 Real Estate Services 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.
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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Aug 5, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Vingroup Joint Stock Company VIC | 223,000 VND | 25,731 VND | -88% |
| KE Holdings 2423 | HK$44.76 | HK$18.03 | -60% |
| Swire Properties Limited 1972 | HK$23.90 | HK$18.75 | -22% |
| Plaza S.A MALLPLAZA | 3,725 CLP | 5,571 CLP | +50% |
| SAGAA SAGAA | kr 170.00 | kr 75.55 | -56% |
| Cencosud Shopping S.A CENCOMALLS | 2,324 CLP | 2,976 CLP | +28% |
| PT Sarana Menara Nusantara Tbk. owns and TOWR | 372.00 IDR | 1,208 IDR | +225% |
| PT Metropolitan Kentjana Tbk MKPI | 20,975 IDR | 19,160 IDR | -9% |
| PT Bangun Kosambi Sukses Tbk, CBDK | 3,530 IDR | 3,464 IDR | -2% |
| IRSA Inversiones y Representaciones Sociedad Anónima, IRSA | 2,495 ARS | 3,998 ARS | +60% |
Compare Zhong Ao Home Group with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Real Estate stocks →
Frequently asked questions
Is Zhong Ao Home Group (1538) overvalued or undervalued?
What is the fair value of 1538?
What is the quality score of 1538?
What is the revenue of Zhong Ao Home Group (1538)?
What is the net profit margin of 1538?
Does Zhong Ao Home Group pay a dividend?
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 Zhong Ao Home Group 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.