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Synertone Communication Corp (1613) Fair Value & Analysis

Technology · HK · Market cap HK$233M

SC Synertone Communication Corp 1613 · HK
PriceHK$0.8850
Fair ValueHK$0.1275
Upside-85.6%
Quality24/100
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Weak Growth
Loss-making · -63.0% net margin
Low debt · negative free cash flow
Trails peers (4/11)
Narrow moat 0/100
Evidence: Low Range HK$0.1190 – HK$0.1360 Share as image

Fair value as of: Aug 13, 2026

From 3 valuation models · updated 3 days ago

Share price +78.8% over the past month.

Below-average quality, and screening another 86% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.1360). The favourable scenario is already priced in.
  • Weak quality (24/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • The models converge in a tight band (HK$0.1190 to HK$0.1360), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

HK$2.70 HK$0.1270 Fair Value HK$0.1275 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$0.1270 – HK$2.70 · fair‑value band HK$0.1190 – HK$0.1360 · the HK$0.8850 price screens above the HK$0.1275 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Synertone Communication Corp (1613) currently trades at HK$0.8850, while our model-based Fair Value estimate is HK$0.1275, implying the stock looks roughly 85.6% overvalued today. The Quality Score stands at 24/100 (below-average quality), in the Technology 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: low).

Over the trailing twelve months, Synertone Communication Corp generated revenue of HK$50.1M at a net margin of -63.0%. Revenue declined 87.8% year over year. It earns a return on equity of -34.6%. The balance sheet holds a net cash position of HK$19.0M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.1190 (bear case) to HK$0.1360 (bull case); at HK$0.8850, 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 near its 52-week high. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -86%, 1613 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.

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
Gordon GGM HK$0.1300 HK$0.1400 HK$0.1500 70
DDM Multi-Stage HK$0.1300 HK$0.1500 HK$0.1800 61
NCAV (Graham) HK$0.0800 HK$0.1100 HK$0.1600 50
All 3 models by family
Dividend Discount
Gordon GGM HK$0.1300 HK$0.1400 HK$0.1500 70
DDM Multi-Stage HK$0.1300 HK$0.1500 HK$0.1800 61
Asset-Based
NCAV (Graham) HK$0.0800 HK$0.1100 HK$0.1600 50

Widest divergence: Dividend Discount (HK$0.1400) versus Asset-Based (HK$0.1100). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) HK$50.1M
Revenue growth (YoY) -87.8%
Net margin -63.0%
Return on equity -34.6%
Free cash flow −HK$38.5M FY2025
Operating margin -160%
More key figures
EPS (TTM) HK$-0.0800
Net cash HK$19.0M FY2026

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

Quality Score breakdown

Overall quality 24/100

Of which business quality 27 · Market factors (momentum, volatility) 85

Profitability 5
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 0
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

Synertone Communication Corporation, together with its subsidiaries, designs, researches, develops, produces, and sells automation control and intelligent building systems in the People's Republic of China, Hong Kong, and internationally. It operates through Building Intelligence, Control System, Data Centre, and Smartphone distribution segments.

Full company description

Synertone Communication Corporation, together with its subsidiaries, designs, researches, develops, produces, and sells automation control and intelligent building systems in the People's Republic of China, Hong Kong, and internationally. It operates through Building Intelligence, Control System, Data Centre, and Smartphone distribution segments. The Building Intelligence segment provides video intercom systems; security alarm solutions; and surveillance systems under the MOX brand for residential complexes; and smart home automation systems for new and existing households and other related products. The Control System segment offers automation hardware and software products; information systems platforms; and industrial, monitoring, and scheduling management system solutions for municipal utilities industry. The Data Centre segment provides rental and maintenance services to computer equipment and machines; information technology infrastructure and platform; and robots and other related services. The Smartphone distribution segment offers distribution of Xiaomi-branded smartphones and ecosystem products and related equipment. It serves property developers, building system integrators, corporations, governmental entities, municipal utilities, and power generation plants. Synertone Communication Corporation was founded in 2001 and is headquartered in Kowloon, Hong Kong.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Synertone Communication Corp reported revenue of HK$36.8M in FY2026 versus HK$114M in FY2022, a compound −24.7%/yr. Reported net income was −HK$42.3M in FY2026.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
HK$36.8M
Latest YoY
−68.5%
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.
−15.3%
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.
−16.4%
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.
−8.3%
Revenue −24.7%/yr
FY22 HK$114M
FY23 HK$60.5M
FY24 HK$62.6M
FY25 HK$117M
FY26 HK$36.8M
Net income
FY22 −HK$110M
FY23 −HK$41.0M
FY24 −HK$17.8M
FY25 −HK$32.5M
FY26 −HK$42.3M

1613 screens 86% overvalued. Compare with Cisco Systems, Inc →

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Cite: Fair Value Calculator (2026). "Synertone Communication Corp Fair Value". https://www.fairvalue-calculator.com/stock/1613

Peer Group

Communication Equipment · 302 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 24 · Bottom 25%
Fair Value upside −86% · Bottom 25%
Return on assets -8% · Bottom 25%
Net margin (TTM) -63% · Bottom 25%
Operating margin (TTM) -160% · Bottom 25%
Revenue growth -88% · Bottom 25%
Dividend yield (TTM) 4.3% · Top 25%

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/B 0.35× · Cheaper than 75% of peers
P/S (TTM) 0.59× · Cheaper 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 0
FUTURE 0 · sector 34
PAST 0 · sector 15
HEALTH 100 · sector 98
DIVIDEND 87 · sector 24

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.

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

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $120.43 $61.53 -49%
Zhongji Innolight Co 300308 ¥921.00 ¥171.09 -81%
Foxconn Industrial Internet Co 601138 ¥65.60 ¥28.65 -56%
Eoptolink Technology Inc 300502 ¥429.90 ¥176.99 -59%
Nokia Oyj NOK $10.32 $3.77 -63%
Motorola Solutions, Inc MSI $469.74 $236.33 -50%
Suzhou TFC Optical Communication Co 300394 ¥240.05 ¥43.67 -82%
Accton Technology Corporation 2345 2,270 TWD 1,135 TWD -50%
Telefonaktiebolaget LM Ericsson (publ), ERICB kr 97.78 kr 157.82 +61%
ZTE Corporation 000063 ¥35.59 ¥19.72 -45%

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Frequently asked questions

Is Synertone Communication Corp (1613) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.1275 versus a price of HK$0.8850, about −86% (overvalued).
What is the fair value of 1613?
Our model-based fair value for Synertone Communication Corp is HK$0.1275 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.8850.
What is the quality score of 1613?
Synertone Communication Corp has a Quality Score of 24/100. 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 Synertone Communication Corp (1613)?
Synertone Communication Corp reported trailing-twelve-month revenue of about HK$50.1M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1613?
The net profit margin of Synertone Communication Corp is about -63.0%, 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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