APlus Group Holdings Ltd (1841) Fair Value & Analysis
Industrials · HK · Market cap HK$94.0M
Fair value as of: Aug 13, 2026
From 2 valuation models · updated 3 days ago
Share price −5.1% over the past month.
A solid business, but screening 28% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (HK$0.2900). The favourable scenario is already priced in.
- Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
- Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Price vs Fair Value (5 years)
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$0.1500 – HK$0.5369 · fair‑value band HK$0.2500 – HK$0.2900 · the HK$0.3750 price screens above the HK$0.2700 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
APlus Group Holdings Ltd (1841) currently trades at HK$0.3750, while our model-based Fair Value estimate is HK$0.2700, implying the stock looks roughly 28.0% overvalued today. The Quality Score stands at 55/100 (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: low).
Over the trailing twelve months, APlus Group Holdings Ltd generated revenue of HK$95.8M at a net margin of -4.4%. Revenue declined 3.2% year over year. It earns a return on equity of -3.6%. The balance sheet holds a net cash position of HK$73.0M. Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$0.2500 (bear case) to HK$0.2900 (bull case); at HK$0.3750, 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 and 88% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -38% fair-value upside, at -28%, 1841 screens cheaper 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.
All 2 models by family
Widest divergence: Multiples (HK$0.2700) versus Asset-Based (HK$0.1800). Highest evidence: EV/EBITDA (54).
Notify me when 1841 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 85
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
A.Plus Group Holdings Limited, an investment holding company, engages in the provision of financial printing services in Hong Kong. The company primarily offers typesetting, design, translation, printing, and delivery services related to financial reports, announcements, shareholder circulars, debt offering circulars, IPO prospectuses, and fund documents.
Full company description
A.Plus Group Holdings Limited, an investment holding company, engages in the provision of financial printing services in Hong Kong. The company primarily offers typesetting, design, translation, printing, and delivery services related to financial reports, announcements, shareholder circulars, debt offering circulars, IPO prospectuses, and fund documents. It also provides other services, such as designing, production, and standalone translations of various types of reports, newsletters, leaflets, brochures, etc. The company offers its products under the A.Plus brand name. A.Plus Group Holdings Limited was founded in 2002 and is headquartered in Sheung Wan, Hong Kong.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
APlus Group Holdings Ltd reported revenue of HK$97.8M in FY2025 versus HK$134M in FY2021, a compound −7.6%/yr. Reported net income was −HK$1.6M in FY2025.
of which total revenue +5.2 pp · buybacks/dilution −5.5 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).
1841 screens 28% overvalued. Compare with Cintas Corporation →
Peer Group
Specialty Business Services · 249 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.
Valuation Multiples vs Specialty Business Services median · lower = cheaper
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Cintas Corporation CTAS | $205.28 | $95.19 | -54% |
| RELX PLC RELX | $34.55 | $32.24 | -7% |
| Thomson Reuters Corporation TRI | C$142.85 | C$70.40 | -51% |
| Copart, Inc CPRT | $28.99 | $28.59 | -1% |
| Global Payments Inc GPN | $88.53 | $68.98 | -22% |
| RB Global, Inc RBA | C$120.52 | C$49.14 | -59% |
| Brambles Limited BXB | A$19.89 | A$12.28 | -38% |
| UL Solutions Inc ULS | $76.68 | $33.62 | -56% |
| Aramark ARMK | $60.35 | $13.18 | -78% |
| ISS A/S ISS | kr 288.20 | kr 251.13 | -13% |
Compare APlus Group Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is APlus Group Holdings Ltd (1841) overvalued or undervalued?
What is the fair value of 1841?
What is the quality score of 1841?
What is the revenue of APlus Group Holdings Ltd (1841)?
What is the net profit margin of 1841?
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.
Track APlus Group Holdings Ltd and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.