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Snack Empire Holdings Ltd (1843) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$189M

SE Snack Empire Holdings Ltd 1843 · HK
PriceHK$0.2850
Fair ValueHK$0.0600
Upside-79.0%
Quality60/100
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Expensive Growth
Loss-making · -5.5% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 10/100
Evidence: Low Range HK$0.0500 – HK$0.0700 Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated 3 days ago

Share price +16.8% over the past month.

A solid business, but screening 79% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (HK$0.0700). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

HK$0.4455 HK$0.1010 Fair Value HK$0.0600 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$0.1010 – HK$0.4455 · fair‑value band HK$0.0500 – HK$0.0700 · the HK$0.2850 price screens above the HK$0.0600 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Snack Empire Holdings Ltd (1843) currently trades at HK$0.2850, while our model-based Fair Value estimate is HK$0.0600, implying the stock looks roughly 79.0% overvalued today. The Quality Score stands at 60/100 (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: low).

Over the trailing twelve months, Snack Empire Holdings Ltd generated revenue of HK$31.2M at a net margin of -5.5%. Revenue grew 11.5% year over year. It earns a return on equity of -7.2%. The balance sheet holds a net cash position of HK$12.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0500 (bear case) to HK$0.0700 (bull case); at HK$0.2850, 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 194% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -51% fair-value upside, at -79%, 1843 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
EV/EBITDA HK$0.0500 HK$0.0600 HK$0.0700 54
NCAV (Graham) HK$0.0200 HK$0.0200 HK$0.0300 50
All 2 models by family
Multiples
EV/EBITDA HK$0.0500 HK$0.0600 HK$0.0700 54
Asset-Based
NCAV (Graham) HK$0.0200 HK$0.0200 HK$0.0300 50

Widest divergence: Multiples (HK$0.0600) versus Asset-Based (HK$0.0200). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) HK$31.2M
Revenue growth (YoY) +11.5%
Net margin -5.5%
Return on equity -7.2%
Free cash flow −HK$1.4M FY2025
Operating margin -4.7%
More key figures
EPS growth (YoY) -53.6%
Net cash HK$12.4M FY2025

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 61 · Market factors (momentum, volatility) 82

Profitability 38
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 95
Price trend over the last 3–12 months (market factor)
52W Momentum 100
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

Snack Empire Holdings Limited, an investment holding company, engages in the wholesale and retail of food and beverages and franchising business in Singapore, Malaysia, Indonesia, the United States, Egypt, and internationally.

Full company description

Snack Empire Holdings Limited, an investment holding company, engages in the wholesale and retail of food and beverages and franchising business in Singapore, Malaysia, Indonesia, the United States, Egypt, and internationally. The company offers food catering services through a chain of Taiwan-style Outlets and Restaurants and Korean-style Outlets for Eat Pizza brand. It also involved in licensing of intellectual properties; manufacturing of cooked-food preparations; and provision of Taiwanese snacks and beverages under the Shihlin Taiwan Street Snacks brand name. Snack Empire Holdings Limited was founded in 2003 and is headquartered in Singapore. Snack Empire Holdings Limited is a subsidiary of Brilliant Stride Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Snack Empire Holdings Ltd reported revenue of HK$29.6M in FY2025 versus HK$21.5M in FY2021, a compound +8.4%/yr. Reported net income was −HK$483K in FY2025.

Growth Quality 20/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$29.6M
Latest YoY
+17.5%
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.
+7.1%
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.
+4.0%
Avg. growth/yr (8Y) 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.
+8.2%
Revenue +8.4%/yr
FY21 HK$21.5M
FY22 HK$24.1M
FY23 HK$26.4M
FY24 HK$25.2M
FY25 HK$29.6M
Net income
FY21 HK$1.0M
FY22 HK$2.8M
FY23 HK$1.8M
FY24 HK$180K
FY25 −HK$483K

1843 screens 79% overvalued. Compare with McDonald's Corporation →

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Cite: Fair Value Calculator (2026). "Snack Empire Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1843

Peer Group

Restaurants · 227 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 61 · Above median
Fair Value upside −79% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -6% · Bottom 25%
Operating margin (TTM) -5% · Bottom 25%
Revenue growth 12% · Top 25%
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Restaurants median · lower = cheaper

P/B 1.00× · Cheaper than median
P/S (TTM) 0.77× · Pricier 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 27
FUTURE 58 · sector 19
PAST 0 · sector 15
HEALTH 98 · sector 97
DIVIDEND 0 · sector 71

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

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCDS C$24.01 C$10.84 -55%
Starbucks Corporation SBUX $108.49 $35.83 -67%
Chipotle Mexican Grill, Inc CMG $32.00 $17.92 -44%
Yum! Brands, Inc YUM $150.34 $58.17 -61%
Restaurant Brands International Inc QSR C$104.50 C$36.37 -65%
Darden Restaurants, Inc DRI $218.90 $173.68 -21%
Yum China Holdings YUMC $47.90 $54.27 +13%
Texas Roadhouse, Inc TXRH $214.28 $104.89 -51%
Dutch Bros Inc BROS $51.02 $12.80 -75%
Domino's Pizza, Inc DPZ $353.72 $227.31 -36%

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Frequently asked questions

Is Snack Empire Holdings Ltd (1843) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0600 versus a price of HK$0.2850, about −79% (overvalued).
What is the fair value of 1843?
Our model-based fair value for Snack Empire Holdings Ltd is HK$0.0600 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.2850.
What is the quality score of 1843?
Snack Empire Holdings Ltd has a Quality Score of 60/100. 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 Snack Empire Holdings Ltd (1843)?
Snack Empire Holdings Ltd reported trailing-twelve-month revenue of about HK$31.2M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1843?
The net profit margin of Snack Empire Holdings Ltd is about -5.5%, 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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