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Miricor Enterprises Holdings Ltd (1827) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$360M

ME Miricor Enterprises Holdings Ltd 1827 · HK
PriceHK$0.8000
Fair ValueHK$0.6200
Upside-22.5%
Quality67/100
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Mixed Growth
Thin margins · 3.1% net margin
generates free cash flow
Trails peers (4/12)
Narrow moat 36/100
Evidence: High Range HK$0.4600 – HK$0.7700 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 3 days ago

Share price +9.6% over the past month.

A solid business, but screening 23% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.7700). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

HK$2.29 HK$0.4400 Fair Value HK$0.6200 Sep 2020 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$0.4400 – HK$2.29 · fair‑value band HK$0.4600 – HK$0.7700 · the HK$0.8000 price screens above the HK$0.6200 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Miricor Enterprises Holdings Ltd (1827) currently trades at HK$0.8000, while our model-based Fair Value estimate is HK$0.6200, implying the stock looks roughly 22.5% overvalued today. The Quality Score stands at 67/100 (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: high).

Over the trailing twelve months, Miricor Enterprises Holdings Ltd generated revenue of HK$362M at a net margin of 3.1%. Revenue declined 0.4% year over year. It earns a return on equity of 7.4%. The balance sheet holds a net cash position of HK$140M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.4600 (bear case) to HK$0.7700 (bull case); at HK$0.8000, 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 30% below its 52-week high and 33% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -23%, 1827 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
Residual Income HK$0.3000 HK$0.3100 HK$0.3100 76
Growth DCF HK$3.46 HK$5.37 HK$8.17 72
Growth-Adj P/E HK$0.4000 HK$0.5800 HK$0.7500 68
All 24 models by family
DCF Models
FCF DCF HK$3.53 HK$5.74 HK$9.24 38
Owner Earnings HK$2.85 HK$4.58 HK$7.30 31
5Y Revenue Exit HK$1.79 HK$2.24 HK$2.75 39
5Y EBITDA Exit HK$2.80 HK$4.36 HK$6.31 41
5Y P/E Exit HK$1.86 HK$2.38 HK$2.93 38
10Y Revenue Exit HK$2.41 HK$3.06 HK$3.90 36
10Y EBITDA Exit HK$3.04 HK$4.50 HK$6.67 37
10Y P/E Exit HK$2.46 HK$3.15 HK$4.03 35
Earnings-Based
Graham-Dodd HK$0.1900 HK$0.9600 HK$1.32 54
Lynch FV HK$0.2600 HK$0.3700 HK$0.4800 50
PEG = 1.0 HK$0.2600 HK$0.3700 HK$0.4800 46
EPV HK$0.6900 HK$0.7200 HK$0.7500 59
Multiples
P/E Multiple HK$0.4600 HK$0.6200 HK$0.7700 63
P/S Multiple HK$0.3600 HK$0.4800 HK$0.6000 58
P/B Multiple HK$0.3600 HK$0.4800 HK$0.6000 55
EV/EBIT HK$0.9600 HK$1.12 HK$1.28 53
EV/EBITDA HK$2.55 HK$3.24 HK$3.94 54
EV/Revenue HK$0.8000 HK$0.9400 HK$1.08 43
Asset-Based
NCAV (Graham) HK$0.2000 HK$0.2700 HK$0.4000 50
Growth DCF
Growth DCF HK$3.46 HK$5.37 HK$8.17 72
Rev-Margin DCF HK$1.79 HK$2.28 HK$2.93 67
Economic Profit
Residual Income HK$0.3000 HK$0.3100 HK$0.3100 76
ROIC Compounder HK$0.6900 HK$0.7200 HK$0.7500 67
Growth Earnings
Growth-Adj P/E HK$0.4000 HK$0.5800 HK$0.7500 68

Widest divergence: DCF Models (HK$3.15) versus Asset-Based (HK$0.2700). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$362M
Revenue growth (YoY) -0.4%
Net margin 3.1%
Return on equity 7.4%
Free cash flow HK$112M FY2025
P/E ratio 26.7
More key figures
Operating margin 8.0%
EPS (TTM) HK$0.0300
EPS growth (YoY) +3.1%
Net cash HK$140M FY2026

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 68 · Market factors (momentum, volatility) 32

Profitability 44
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 21
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

Miricor Enterprises Holdings Limited, an investment holding company, provides non-surgical medical aesthetic, wellness beauty services, and skincare products in Hong Kong and Mainland China. It offers non-surgical medical aesthetic services, including injection procedures; and treatment services, as well as prescription and dispensing medical products.

Full company description

Miricor Enterprises Holdings Limited, an investment holding company, provides non-surgical medical aesthetic, wellness beauty services, and skincare products in Hong Kong and Mainland China. It offers non-surgical medical aesthetic services, including injection procedures; and treatment services, as well as prescription and dispensing medical products. The company also sells skin care products, such as cleansers, toners, serums, moisturizers, eye care products, ultraviolet protection products, and masks. In addition, it engages in the wholesale of skincare products; owns trademarks; and offers management services. Further, the company operates medical aesthetic centers under the CosMax+, XOVE, and VITAE brand names. Miricor Enterprises Holdings Limited was founded in 2009 and is headquartered in Central, Hong Kong.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Miricor Enterprises Holdings Ltd reported revenue of HK$362M in FY2026 versus HK$364M in FY2022, a compound −0.1%/yr. Reported net income was HK$11.2M in FY2026, compounding −18.4%/yr from FY2022.

Growth Quality 84/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
HK$362M
Latest YoY
−10.1%
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.
−7.9%
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.
+23.0%
Avg. growth/yr (11Y) 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.
+15.5%
Revenue −0.1%/yr
FY22 HK$364M
FY23 HK$463M
FY24 HK$494M
FY25 HK$403M
FY26 HK$362M
Net income −18.4%/yr
FY22 HK$25.4M
FY23 −HK$20.5M
FY24 −HK$12.6M
FY25 HK$10.6M
FY26 HK$11.2M
Character of growth · EPS growth decomposed (2015-2026) −0.5 % p.a.
Revenue per share +16.2 pp

of which total revenue +17.0 pp · buybacks/dilution −0.8 pp

EBIT margin −18.9 pp
Tax rate −3.2 pp
Residual (interest, one-offs) +5.4 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).

1827 screens 23% overvalued. Compare with Rollins, Inc →

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Cite: Fair Value Calculator (2026). "Miricor Enterprises Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1827

Peer Group

Personal Services · 43 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 67 · Top 25%
Fair Value upside −23% · Below median
Return on equity (TTM) 7% · Above median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 8% · Below median
Revenue growth -0% · Below median

Valuation Multiples vs Personal Services median · lower = cheaper

P/E (TTM) 26.7× · Pricier than 75% of peers
P/B 2.27× · Pricier than median
P/S (TTM) 0.99× · Pricier than median
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 3.5× · Cheaper than 75% of peers

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 3 · sector 17
FUTURE 0 · sector 27
PAST 29 · sector 29
HEALTH 0 · sector 98
DIVIDEND 0 · sector 82

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

Stock Price Fair Value vs Fair Value
Rollins, Inc ROL $36.52 $21.11 -42%
Service Corporation SCI $84.40 $38.27 -55%
Frontdoor, Inc FTDR $85.51 $73.81 -14%
H&R Block, Inc HRB $54.18 $78.30 +45%
Bright Horizons Family Solutions Inc BFAM $71.52 $62.41 -13%
Fu Shou Yuan International Group 1448 HK$2.64 HK$4.20 +59%
Lungyen Life Service Corporation 5530 49.35 TWD 31.33 TWD -37%
Carriage Services, Inc CSV $33.69 $27.81 -17%
Musti Group MUSTI €15.05 €14.08 -6%
Uniao Pet Participacoes S.A AUAU3 R$3.32 R$1.20 -64%

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Frequently asked questions

Is Miricor Enterprises Holdings Ltd (1827) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.6200 versus a price of HK$0.8000, about −23% (overvalued).
What is the fair value of 1827?
Our model-based fair value for Miricor Enterprises Holdings Ltd is HK$0.6200 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.8000.
What is the quality score of 1827?
Miricor Enterprises Holdings Ltd has a Quality Score of 67/100. 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 Miricor Enterprises Holdings Ltd (1827)?
Miricor Enterprises Holdings Ltd reported trailing-twelve-month revenue of about HK$362M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1827?
The net profit margin of Miricor Enterprises Holdings Ltd is about 3.1%, meaning it keeps roughly 3.1% 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.

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