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Sheung Yue Group Holdings Ltd (1633) Fair Value & Analysis

Industrials · HK · Market cap HK$288M

SY Sheung Yue Group Holdings Ltd 1633 · HK
PriceHK$0.3800
Fair ValueHK$0.1200
Upside-68.4%
Quality50/100
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Weak Growth
Loss-making · -9.9% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/12)
Narrow moat 0/100
Evidence: Medium Range HK$0.0700 – HK$0.1600 Share as image

Fair value as of: Aug 13, 2026

From 10 valuation models · updated 3 days ago

Share price −11.6% over the past month.

A solid business, but screening 68% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.1600). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (HK$0.0700 to HK$0.1600) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$0.6000 HK$0.0420 Fair Value HK$0.1200 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$0.0420 – HK$0.6000 · fair‑value band HK$0.0700 – HK$0.1600 · the HK$0.3800 price screens above the HK$0.1200 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Sheung Yue Group Holdings Ltd (1633) currently trades at HK$0.3800, while our model-based Fair Value estimate is HK$0.1200, implying the stock looks roughly 68.4% overvalued today. The Quality Score stands at 50/100 (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: medium).

Over the trailing twelve months, Sheung Yue Group Holdings Ltd generated revenue of HK$218M at a net margin of -9.9%. Revenue declined 32.2% year over year. It earns a return on equity of -13.4%. Net debt stands at HK$50.7M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0700 (bear case) to HK$0.1600 (bull case); at HK$0.3800, 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 38% below its 52-week high, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at -68%, 1633 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
Growth DCF HK$0.4900 HK$0.6100 HK$0.7800 80
Rev-Margin DCF HK$0.4300 HK$0.5900 HK$0.8000 74
EV/EBITDA HK$0.1500 HK$0.2000 HK$0.2500 54
All 10 models by family
DCF Models
FCF DCF HK$0.4800 HK$0.6000 HK$0.8000 38
5Y Revenue Exit HK$0.4300 HK$0.5800 HK$0.8100 39
5Y EBITDA Exit HK$0.3000 HK$0.3600 HK$0.4400 41
10Y Revenue Exit HK$0.4400 HK$0.5500 HK$0.6500 36
10Y EBITDA Exit HK$0.3800 HK$0.4300 HK$0.4700 37
Multiples
EV/EBITDA HK$0.1500 HK$0.2000 HK$0.2500 54
EV/Revenue HK$0.4100 HK$0.5800 HK$0.7500 43
Asset-Based
NCAV (Graham) HK$0.1100 HK$0.1500 HK$0.2200 50
Growth DCF
Growth DCF HK$0.4900 HK$0.6100 HK$0.7800 80
Rev-Margin DCF HK$0.4300 HK$0.5900 HK$0.8000 74

Widest divergence: Growth DCF (HK$0.5900) versus Asset-Based (HK$0.1500). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$218M
Revenue growth (YoY) -32.2%
Net margin -9.9%
Return on equity -13.4%
Free cash flow HK$44.6M FY2025
Operating margin -18.9%
More key figures
EPS (TTM) HK$-0.0100
EPS growth (YoY) -50.0%
Net debt HK$50.7M FY2026

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

Quality Score breakdown

Overall quality 50/100

Of which business quality 55 · Market factors (momentum, volatility) 69

Profitability 14
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 80
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

Sheung Yue Group Holdings Limited, an investment holding company, provides foundation work services to housing and commercial buildings in private and public sectors in Hong Kong and Macau.

Full company description

Sheung Yue Group Holdings Limited, an investment holding company, provides foundation work services to housing and commercial buildings in private and public sectors in Hong Kong and Macau. It offers piling construction, such as driven and socketed H-piling, precast prestressed concrete, mini, soldier, and pipe piling, and king posts; ELS works; pile cap construction; site formation; and ancillary services, including loading test and construction machinery leasing services. The company was founded in 1970 and is headquartered in Kowloon, Hong Kong. Sheung Yue Group Holdings Limited is a subsidiary of Creative Elite Global Limited.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sheung Yue Group Holdings Ltd reported revenue of HK$218M in FY2026 versus HK$214M in FY2022, a compound +0.5%/yr. Reported net income was −HK$21.6M in FY2026.

Growth Quality 15/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
HK$218M
Latest YoY
−17.7%
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.
−11.6%
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.
−4.8%
Avg. 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.
−6.1%
Revenue +0.5%/yr
FY22 HK$214M
FY23 HK$315M
FY24 HK$361M
FY25 HK$265M
FY26 HK$218M
Net income
FY22 HK$11.2M
FY23 HK$10.8M
FY24 HK$4.3M
FY25 −HK$9.7M
FY26 −HK$21.6M
Character of growth · EPS growth decomposed (2014-2024) −14.9 % p.a.
Revenue per share −2.9 pp

of which total revenue −0.3 pp · buybacks/dilution −2.6 pp

EBIT margin −10.6 pp
Tax rate +0.9 pp
Residual (interest, one-offs) −2.3 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).

1633 screens 68% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "Sheung Yue Group Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1633

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.

Quality Score 50 · Below median
Fair Value upside −68% · Bottom 25%
Return on assets -4% · Bottom 25%
Net margin (TTM) -10% · Bottom 25%
Operating margin (TTM) -19% · Bottom 25%
Revenue growth -32% · Bottom 25%

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/B 0.24× · Cheaper than 75% of peers
P/S (TTM) 0.17× · Cheaper than 75% of peers
P/FCF 0.8× · Cheaper than median
EV/EBITDA 5.1× · 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 14
FUTURE 0 · sector 15
PAST 0 · sector 26
HEALTH 100 · sector 94
DIVIDEND 0 · sector 43

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 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%

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Frequently asked questions

Is Sheung Yue Group Holdings Ltd (1633) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.1200 versus a price of HK$0.3800, about −68% (overvalued).
What is the fair value of 1633?
Our model-based fair value for Sheung Yue Group Holdings Ltd is HK$0.1200 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.3800.
What is the quality score of 1633?
Sheung Yue Group Holdings Ltd has a Quality Score of 50/100. 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 Sheung Yue Group Holdings Ltd (1633)?
Sheung Yue Group Holdings Ltd reported trailing-twelve-month revenue of about HK$218M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1633?
The net profit margin of Sheung Yue Group Holdings Ltd is about -9.9%, 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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