Zero2Ipo Holdings Inc (1945) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Zero2Ipo Holdings Inc HK$2.59, price HK$1.35, upside +91.9%, quality 72 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Zero2Ipo Holdings Inc
1945 · HKClearly undervaluedStrong Fair Value upside, but quality is only moderate.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range HK$0.9100 – HK$5.04 · fair‑value band HK$1.77 – HK$3.24 · the HK$1.35 price screens below the HK$2.59 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Company profile
Zero2IPO Holdings Inc., an investment holding company, provides integrated equity investment services in the People's Republic of China. It operates through four segment: Data Services, Marketing Services, Investment Banking Services, and Training Services.
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Zero2IPO Holdings Inc., an investment holding company, provides integrated equity investment services in the People's Republic of China. It operates through four segment: Data Services, Marketing Services, Investment Banking Services, and Training Services. The company offers PEdata Database, a SaaS-based version which integrates multi-dimensional data of China's equity investment industry and provides timely, accurate, and comprehensive professional data services for investors, entrepreneurs, growth enterprises, and government agencies; and research reports. It also provides omni-channel marketing services through its online information platforms, such as PEdaily; and offline industry events that track industry trends and facilitate intra- and inter-industry networking. In addition, the company enables early-stage entrepreneurs and growth enterprises to capture business and financing opportunities, investors to identify appropriate investment targets, and government agencies; and offers advisory services for private placements, and mergers and acquisitions, as well as securities sponsorship and underwriting, trading, investment consulting, asset management, and house leasing services. Further, the company offers Zero2IPO Securities mobile application, a secondary market trading platform; equity investment-related online and offline training courses through online SandHill College, Zero2IPO SandHill College, and Zero2IPO Investment Research Institute to the investment professionals, entrepreneurs, government officials, and college students; and customized training services for institutional customers, especially government agencies, and large enterprises. The company provides its services through online and offline channels for participants in the equity investment industry, including investors, entrepreneurs, growth enterprises, and government agencies. Zero2IPO Holdings Inc. was founded in 2001 and is headquartered in Beijing, the People's Republic of China.
Stock analysis
Zero2Ipo Holdings Inc (1945) currently trades at HK$1.35, while our model-based Fair Value estimate is HK$2.59, implying the stock looks roughly 47.9% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of HK$3.79 per share, and 11 of the 11 models we run sit above the HK$1.35 price.
Bear case: the Growth DCF group reads lowest at HK$1.49, and 0 of the 11 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$1.77 (bear) to HK$3.24 (bull), the price of HK$1.35 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 72/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Zero2Ipo Holdings Inc reported revenue of 232M CNY in FY2025 versus 208M CNY in FY2021, a compound +2.8%/yr. Reported net income was 70.4M CNY in FY2025, compounding +57.4%/yr from FY2021.
Key figures
Market cap HK$410M (≈ $52.3M) · P/E ratio 5.4 · P/S ratio 1.63 · EPS (TTM) HK$−0.0500 · Net margin 30.4% · Return on equity 11.6% · Return on assets (EBIT) 2.7% · Operating margin 37.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −22% fair-value upside, at 92%, 1945 screens cheaper than that median.
Fair Value models
All 11 models by family
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Set up alert →Quality Score breakdown
Of which business quality 70 · Market factors (momentum, volatility) 38
Revenue & earnings trend
Growth Forecast
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Compare Zero2Ipo Holdings Inc with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Financial Conglomerates · 55 stocks
Valuation Multiplesvs Financial Conglomerates median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Hong Kong Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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