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Uju Holding Ltd (1948) Fair Value & Analysis

Communication Services · HK · Market cap HK$2.5B

UH Uju Holding Ltd 1948 · HK
PriceHK$3.50
Fair ValueHK$4.94
Upside+41.1%
Quality54/100
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Expensive Growth
Thin margins · 1.3% net margin
negative free cash flow
1.13% dividend yield
Ranks above peers (8/12)
Narrow moat 28/100
Evidence: High Range HK$3.71 – HK$6.17 Share as image

Fair value as of: Aug 13, 2026

From 17 valuation models · updated 3 days ago

Share price −16.1% over the past month.

A solid business, screening 41% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (HK$3.71). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

HK$7.23 HK$0.8774 Fair Value HK$4.94 Nov 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

57‑month range HK$0.8774 – HK$7.23 · fair‑value band HK$3.71 – HK$6.17 · the HK$3.50 price screens below the HK$4.94 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Uju Holding Ltd (1948) currently trades at HK$3.50, while our model-based Fair Value estimate is HK$4.94, implying the stock looks roughly 41.1% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Communication Services 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: high), always confirm before acting.

Over the trailing twelve months, Uju Holding Ltd generated revenue of HK$11.3B at a net margin of 1.3%. Revenue grew 18.4% year over year. It earns a return on equity of 9.3%. The balance sheet holds a net cash position of HK$10.9M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$3.71 (bear case) to HK$6.17 (bull case); at HK$3.50, 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 54% below its 52-week high and 28% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -13% fair-value upside, at 41%, 1948 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
Residual Income HK$2.19 HK$2.38 HK$3.09 76
Gordon GGM HK$0.3300 HK$0.6500 HK$0.9900 70
Growth-Adj P/E HK$5.13 HK$7.32 HK$9.52 68
All 17 models by family
DCF Models
Owner Earnings HK$4.95 HK$9.30 HK$18.08 31
Earnings-Based
Graham-Dodd HK$1.60 HK$11.14 HK$15.63 54
Lynch FV HK$3.85 HK$5.50 HK$7.15 50
PEG = 1.0 HK$3.85 HK$5.50 HK$7.15 46
EPV HK$3.84 HK$4.22 HK$4.56 59
Dividend Discount
Gordon GGM HK$0.3300 HK$0.6500 HK$0.9900 70
DDM Multi-Stage HK$0.3300 HK$0.5600 HK$0.6900 61
Multiples
P/E Multiple HK$3.87 HK$5.17 HK$6.46 63
P/S Multiple HK$2.99 HK$3.99 HK$4.99 58
P/B Multiple HK$2.99 HK$3.99 HK$4.99 55
EV/EBIT HK$5.42 HK$6.76 HK$8.11 53
EV/EBITDA HK$4.55 HK$5.61 HK$6.67 54
EV/Revenue HK$4.44 HK$5.75 HK$7.06 43
Asset-Based
NCAV (Graham) HK$1.30 HK$1.75 HK$2.61 50
Economic Profit
Residual Income HK$2.19 HK$2.38 HK$3.09 76
ROIC Compounder HK$4.51 HK$5.99 HK$7.54 67
Growth Earnings
Growth-Adj P/E HK$5.13 HK$7.32 HK$9.52 68

Widest divergence: DCF Models (HK$9.30) versus Dividend Discount (HK$0.5600). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$11.3B
Revenue growth (YoY) +18.4%
Net margin 1.3%
Return on equity 9.3%
Free cash flow −HK$492M FY2025
P/E ratio 14.9 as of Jul 2, 2026
More key figures
Operating margin 1.8%
EPS (TTM) HK$0.1100
Dividend yield 1.1%
EPS growth (YoY) +47.9%
Net cash HK$10.9M FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 52 · Market factors (momentum, volatility) 18

Profitability 40
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 84
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

Uju Holding Limited, an investment holding company, provides digital marketing services and live-streaming e-commerce in the People's Republic of China.

Full company description

Uju Holding Limited, an investment holding company, provides digital marketing services and live-streaming e-commerce in the People's Republic of China. The company offers online marketing solutions, including traffic acquisition from media platforms, content production, big data analysis, and advertising campaign optimization, as well as advertisement distribution services. It also engages in provision of online short video marketing solutions; live-streaming e-commerce services; and sales of goods on online media platforms. The company was founded in 2017 and is headquartered in Beijing, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Uju Holding Ltd reported revenue of HK$11.3B in FY2025 versus HK$7.8B in FY2021, a compound +9.5%/yr. Reported net income was HK$141M in FY2025, compounding −13.7%/yr from FY2021.

Growth Quality 54/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$11.3B
Latest YoY
+23.2%
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.
+10.6%
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.
+12.1%
Avg. growth/yr (7Y) 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.
+38.5%
Revenue +9.5%/yr
FY21 HK$7.8B
FY22 HK$8.3B
FY23 HK$7.1B
FY24 HK$9.2B
FY25 HK$11.3B
Net income −13.7%/yr
FY21 HK$254M
FY22 HK$114M
FY23 HK$90.6M
FY24 HK$93.9M
FY25 HK$141M

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Cite: Fair Value Calculator (2026). "Uju Holding Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1948

Peer Group

Advertising Agencies · 200 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 54 · Above median
Fair Value upside +41% · Above median
Return on equity (TTM) 9% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 1% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth 18% · Top 25%
Dividend yield (TTM) 1.1% · Below median

Valuation Multiples vs Advertising Agencies median · lower = cheaper

P/E (TTM) 14.9× · Cheaper than median
P/B 1.60× · Pricier than median
P/S (TTM) 0.22× · Cheaper than median
EV/EBITDA 8.2× · 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 88 · sector 24
FUTURE 92 · sector 6
PAST 37 · sector 5
HEALTH 0 · sector 98
DIVIDEND 23 · sector 62

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

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $303.76 $252.45 -17%
Publicis Groupe S.A PUB €99.98 €146.36 +46%
Omnicom Group OMC $85.51 $99.84 +17%
Focus Media Information Technology Co 002027 ¥5.29 ¥5.71 +8%
The Trade Desk, Inc TTD $13.49 $29.07 +115%
JCDecaux SE DEC €24.00 €20.99 -13%
Easy Click Worldwide Network Technology Co 301171 ¥37.40 ¥5.62 -85%
Mobvista Inc 1860 HK$11.04 HK$6.43 -42%
Affle 3i Limited AFFLE ₹1,643 ₹611.48 -63%
Guangdong Advertising Group 002400 ¥7.33 ¥1.14 -84%

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Frequently asked questions

Is Uju Holding Ltd (1948) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$4.94 versus a price of HK$3.50, about +41% (undervalued).
What is the fair value of 1948?
Our model-based fair value for Uju Holding Ltd is HK$4.94 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$3.50.
What is the quality score of 1948?
Uju Holding Ltd has a Quality Score of 54/100. 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 Uju Holding Ltd (1948)?
Uju Holding Ltd reported trailing-twelve-month revenue of about HK$11.3B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1948?
The net profit margin of Uju Holding Ltd is about 1.3%, meaning it keeps roughly 1.3% of revenue as net income. Based on the latest reported figures.
Does Uju Holding Ltd pay a dividend?
Uju Holding Ltd currently shows a dividend yield of about 1.13% relative to its recent price (as of Aug 13, 2026).

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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