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1820 (1820) Fair Value & Analysis

Consumer Cyclical · Market cap HK$929M

1 1820 1820 · HK
PriceHK$3.09
Fair ValueHK$1.91
Upside-38.2%
Quality55/100
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Evidence: Medium Range HK$0.6700 – HK$3.15

Fair value as of: Jul 2, 2026

From 13 valuation models · updated today

Share price +39.8% over the past month.

Price vs Fair Value (12 months)

HK$4.00 HK$1.88 Fair Value HK$1.91 Jun 2025 Jul 2026

12‑month range HK$1.88 – HK$4.00 · fair‑value band HK$0.6700 – HK$3.15 · the HK$3.09 price screens above the HK$1.91 fair value. As of Jul 2, 2026.

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Analysis

1820 (1820) currently trades at HK$3.09, while our model-based Fair Value estimate is HK$1.91 — implying the stock looks roughly 38.2% overvalued today. We read business quality at 55/100 (solid quality), in the Consumer Cyclical 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, 1820 generated revenue of HK$2.1B at a net margin of -2.1%. Revenue declined 3.2% year over year. It earns a return on equity of -8.9%. Net debt stands at HK$916M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$2.1B
Revenue growth (YoY) -3.2%
Net margin -2.1%
Return on equity -8.9%
Free cash flow HK$143M FY2025
Operating margin -0.7%
More key figures
EPS (TTM) HK$-0.0800
EPS growth (YoY) +34.1%
Net debt HK$916M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

1820 reported revenue of HK$2.1B in FY2025 versus HK$2.4B in FY2021, a compound −3.4%/yr. Reported net income was −HK$44.1M in FY2025.

Revenue −3.4%/yr
FY21 HK$2.4B
FY22 HK$2.2B
FY23 HK$2.0B
FY24 HK$2.1B
FY25 HK$2.1B
Net income
FY21 HK$43.6M
FY22 HK$22.8M
FY23 HK$22.4M
FY24 −HK$19.4M
FY25 −HK$44.1M

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Similar stocks

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

Stock Price Fair Value vs Fair Value
Smurfit Kappa Group SMFTF $44.20 $30.87 -30%
Smurfit Westrock Plc, SW $41.28 $40.96 -1%
Packaging Corporation PKG $216.64 $122.66 -43%
International Paper Company IP $33.83 $70.52 +108%
Amcor plc AMCR $37.64 $18.34 -51%
Ball Corporation B1LL34 R$146.83 R$18.44 -87%

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Frequently asked questions

Is 1820 (1820) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$1.91 versus a price of HK$3.09 — about −38% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1820?
Our model-based fair value for 1820 is HK$1.91 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$3.09.
What is the quality score of 1820?
1820 has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 1820 (1820)?
1820 reported trailing-twelve-month revenue of about HK$2.1B (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 1820?
The net profit margin of 1820 is about -2.1%, 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.

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