1656 (1656) Fair Value & Analysis

Industrials · Market cap HK$1.9B

1 1656 1656 · HK

PriceHK$4.20

Fair ValueHK$1.90

Upside-54.8%

Quality67/100

Watch 1656 for free — get notified when fair value or trend changes. Watch for free

Evidence: Medium Range HK$1.42 – HK$2.37

Fair value as of: Jul 2, 2026

From 26 valuation models · updated today

Share price −2.3% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$1.71 – HK$4.70 · fair‑value band HK$1.42 – HK$2.37 · the HK$4.20 price screens above the HK$1.90 fair value. As of Jul 2, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

1656 (1656) currently trades at HK$4.20, while our model-based Fair Value estimate is HK$1.90 — implying the stock looks roughly 54.8% overvalued today. We read business quality at 67/100 (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, 1656 generated revenue of HK$462M at a net margin of 2.2%. Revenue grew 24.2% year over year. It earns a return on equity of 5.4%. Net debt stands at HK$15.9M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$462M

Revenue growth (YoY) +24.2%

Net margin 2.2%

Return on equity 5.4%

Free cash flow HK$14.8M FY2025

P/E ratio 46.7

More key figures

Operating margin 6.8%

EPS growth (YoY) +468%

Net debt HK$15.9M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 2, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

1656 reported revenue of HK$440M in FY2025 versus HK$440M in FY2021, a compound −0.0%/yr. Reported net income was HK$6.8M in FY2025, compounding −28.3%/yr from FY2021.

Revenue −0.0%/yr

FY21 HK$440M

FY22 HK$371M

FY23 HK$342M

FY24 HK$372M

FY25 HK$440M

Net income −28.3%/yr

FY21 HK$25.5M

FY22 HK$14.6M

FY23 HK$5.0M

FY24 HK$8.5M

FY25 HK$6.8M

Is 1656 fairly valued? → Check now

Similar stocks

6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

Stock	Price	Fair Value	vs Fair Value
Larsen & Toubro Limited LTOD	$42.70	$34.33	-20%
Samsung C&T Corporation 028260	460,500 KRW	206,212 KRW	-55%
China State Construction Engineering Corporation 601668	¥4.72	¥16.90	+258%
TopBuild Corp BLD	7,547 MXN	4,541 MXN	-40%
000720 000720	127,800 KRW	55,602 KRW	-56%
United Integrated Services Co 2404	1,260 TWD	1,431 TWD	+14%

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks Technology Financial Services Healthcare Consumer Cyclical Consumer Defensive Communication Services Industrials Energy Basic Materials Real Estate Utilities Deeply Undervalued Stocks Undervalued Blue-Chip Stocks Undervalued Small-Cap Stocks

Frequently asked questions

Is 1656 (1656) undervalued?

As of Jul 2, 2026, our model estimates a fair value of HK$1.90 versus a price of HK$4.20 — about −55% (overvalued). Model-based estimate, not financial advice.

What is the fair value of 1656?

Our model-based fair value for 1656 is HK$1.90 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$4.20.

What is the quality score of 1656?

1656 has a Quality Score of 67/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 1656 (1656)?

1656 reported trailing-twelve-month revenue of about HK$462M (latest available figure, as of Jul 2, 2026).

What is the net profit margin of 1656?

The net profit margin of 1656 is about 2.2%, meaning it keeps roughly 2.2% of revenue as net income. 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.