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Weigang Environmental Technology Holding Group Ltd (1845) Fair Value & Analysis

Industrials · HK · Market cap HK$291M

WE Weigang Environmental Technology Holding Group Ltd 1845 · HK
PriceHK$0.1800
Fair ValueHK$0.3000
Upside+66.7%
Quality43/100
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Weak Growth
Loss-making · -30.8% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 0/100
Evidence: Low Range HK$0.2200 – HK$0.3900 Share as image

Fair value as of: Aug 15, 2026

From 7 valuation models · updated 2 days ago

Share price −17.4% over the past month.

Below-average quality, screening 67% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (43/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (HK$0.2200). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

HK$0.5000 HK$0.1120 Fair Value HK$0.3000 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range HK$0.1120 – HK$0.5000 · fair‑value band HK$0.2200 – HK$0.3900 · the HK$0.1800 price screens below the HK$0.3000 fair value. Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Weigang Environmental Technology Holding Group Ltd (1845) currently trades at HK$0.1800, while our model-based Fair Value estimate is HK$0.3000, implying the stock looks roughly 66.7% undervalued today. The Quality Score stands at 43/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, Weigang Environmental Technology Holding Group Ltd generated revenue of HK$205M at a net margin of -30.8%. Revenue declined 18.0% year over year. It earns a return on equity of -17.7%. The balance sheet holds a net cash position of HK$15.1M. Fundamentals as of Aug 15, 2026

Our scenario range runs from HK$0.2200 (bear case) to HK$0.3900 (bull case); at HK$0.1800, the current price sits below 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 40% below its 52-week high and 50% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at 67%, 1845 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.

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
Growth DCF HK$0.1900 HK$0.2200 HK$0.2700 80
Rev-Margin DCF HK$0.1900 HK$0.2600 HK$0.3500 74
NCAV (Graham) HK$0.1200 HK$0.1600 HK$0.2300 50
All 7 models by family
DCF Models
FCF DCF HK$0.1800 HK$0.2200 HK$0.2800 38
5Y Revenue Exit HK$0.1900 HK$0.2600 HK$0.3600 39
10Y Revenue Exit HK$0.1900 HK$0.2300 HK$0.2700 36
Multiples
EV/Revenue HK$0.2200 HK$0.3000 HK$0.3700 43
Asset-Based
NCAV (Graham) HK$0.1200 HK$0.1600 HK$0.2300 50
Growth DCF
Growth DCF HK$0.1900 HK$0.2200 HK$0.2700 80
Rev-Margin DCF HK$0.1900 HK$0.2600 HK$0.3500 74

Widest divergence: Multiples (HK$0.3000) versus Asset-Based (HK$0.1600). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$205M
Revenue growth (YoY) -18.0%
Net margin -30.8%
Return on equity -17.7%
Free cash flow HK$25.8M FY2025
Operating margin -21.9%
More key figures
EPS (TTM) HK$-0.0100
EPS growth (YoY) +41.1%
Net cash HK$15.1M FY2025

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 45 · Market factors (momentum, volatility) 54

Profitability 5
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 55
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

Weigang Environmental Technology Holding Group Limited engages in the research, design, integration, and commissioning solid waste treatment systems primarily for hazardous waste incineration in the People's Republic of China. It operates through two segments, Solid Waste Treatment and Oilfield Auxiliary Services.

Full company description

Weigang Environmental Technology Holding Group Limited engages in the research, design, integration, and commissioning solid waste treatment systems primarily for hazardous waste incineration in the People's Republic of China. It operates through two segments, Solid Waste Treatment and Oilfield Auxiliary Services. The company also provides oil sludge thermal desorption treatment, pyrolysis treatment of solid waste, and cement plant parallel kiln co-treatment services. In addition, it offers oilfield auxiliary services, which include petroleum transportation, meter maintenance, oil pipe repair, and water treatment; and research and development of environmental protection technologies and facilities. The company was formerly known as WeiGang Environmental Protection Holdings Limited and changed its name to Weigang Environmental Technology Holding Group Limited in May 2017. The company was founded in 1998 and is headquartered in Guangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Weigang Environmental Technology Holding Group Ltd reported revenue of HK$205M in FY2025 versus HK$562M in FY2021, a compound −22.3%/yr. Reported net income was −HK$63.1M in FY2025.

Growth Quality 17/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$205M
Latest YoY
−15.2%
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.
−16.3%
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.
−17.5%
Avg. growth/yr (10Y) 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.
+10.6%
Revenue −22.3%/yr
FY21 HK$562M
FY22 HK$349M
FY23 HK$253M
FY24 HK$242M
FY25 HK$205M
Net income
FY21 −HK$12.4M
FY22 −HK$72.3M
FY23 HK$1.8M
FY24 −HK$48.6M
FY25 −HK$63.1M

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Cite: Fair Value Calculator (2026). "Weigang Environmental Technology Holding Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1845

Peer Group

Waste Management · 168 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 43 · Below median
Fair Value upside +67% · Top 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -31% · Bottom 25%
Operating margin (TTM) -22% · Bottom 25%
Revenue growth -18% · Bottom 25%
Debt / equity 0.12× · Lower than median

Valuation Multiples vs Waste Management median · lower = cheaper

P/B 0.12× · Cheaper than 75% of peers
P/S (TTM) 0.18× · Cheaper than 75% of peers
P/FCF 1.4× · Cheaper 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 100 · sector 7
FUTURE 0 · sector 21
PAST 0 · sector 25
HEALTH 94 · sector 82
DIVIDEND 0 · sector 47

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 Waste Management stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $226.32 $128.02 -43%
Republic Services, Inc RSG $215.08 $120.63 -44%
Waste Connections, Inc WCN C$230.52 C$78.67 -66%
Veolia Environnement SA VIE €34.47 €23.26 -33%
Clean Harbors, Inc CLH $316.65 $154.01 -51%
GFL Environmental Inc GFL C$57.56 C$44.27 -23%
GEM Co 002340 ¥6.75 ¥5.27 -22%
Zhejiang Weiming Environment Protection Co 603568 ¥15.68 ¥20.95 +34%
China Everbright Environment Group 0257 HK$5.00 HK$8.96 +79%
Beijing GeoEnviron Engineering & Technology, Inc 603588 ¥14.10 ¥9.35 -34%

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Frequently asked questions

Is Weigang Environmental Technology Holding Group Ltd (1845) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of HK$0.3000 versus a price of HK$0.1800, about +67% (undervalued).
What is the fair value of 1845?
Our model-based fair value for Weigang Environmental Technology Holding Group Ltd is HK$0.3000 (as of Aug 15, 2026), built from audited fundamentals. The current price is HK$0.1800.
What is the quality score of 1845?
Weigang Environmental Technology Holding Group Ltd has a Quality Score of 43/100. 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 Weigang Environmental Technology Holding Group Ltd (1845)?
Weigang Environmental Technology Holding Group Ltd reported trailing-twelve-month revenue of about HK$205M (latest available figure, as of Aug 15, 2026).
What is the net profit margin of 1845?
The net profit margin of Weigang Environmental Technology Holding Group Ltd is about -30.8%, 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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