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Sun Hing Printing Holdings Ltd (1975) Fair Value & Analysis

Industrials · HK · Market cap HK$187M

SH Sun Hing Printing Holdings Ltd 1975 · HK
PriceHK$0.4000
Fair ValueHK$1.03
Upside+157.5%
Quality43/100
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Weak Growth
Loss-making · -35.2% net margin
negative free cash flow
9.38% dividend yield
Mixed vs. peers (5/10)
Narrow moat 13/100
Evidence: Low Range HK$0.8600 – HK$1.19 Share as image

Fair value as of: Aug 13, 2026

From 4 valuation models · updated 3 days ago

Share price −1.2% over the past month.

Below-average quality, screening 158% 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$0.8600). 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$0.7043 HK$0.1433 Fair Value HK$1.03 Aug 2018 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$0.1433 – HK$0.7043 · fair‑value band HK$0.8600 – HK$1.19 · the HK$0.4000 price screens below the HK$1.03 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Sun Hing Printing Holdings Ltd (1975) currently trades at HK$0.4000, while our model-based Fair Value estimate is HK$1.03, implying the stock looks roughly 157.5% 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, Sun Hing Printing Holdings Ltd generated revenue of HK$242M at a net margin of -35.2%. Revenue grew 22.2% year over year. It earns a return on equity of -20.6%. The balance sheet holds a net cash position of HK$182M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.8600 (bear case) to HK$1.19 (bull case); at HK$0.4000, 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 18% below its 52-week high and 30% 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 158%, 1975 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
Gordon GGM HK$0.2400 HK$0.2600 HK$0.2900 70
DDM Multi-Stage HK$0.2400 HK$0.2800 HK$0.3300 61
EV/EBITDA HK$1.06 HK$1.22 HK$1.39 54
All 4 models by family
Dividend Discount
Gordon GGM HK$0.2400 HK$0.2600 HK$0.2900 70
DDM Multi-Stage HK$0.2400 HK$0.2800 HK$0.3300 61
Multiples
EV/EBITDA HK$1.06 HK$1.22 HK$1.39 54
Asset-Based
NCAV (Graham) HK$0.3900 HK$0.5200 HK$0.7700 50

Widest divergence: Multiples (HK$1.22) versus Dividend Discount (HK$0.2600). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) HK$242M
Revenue growth (YoY) +22.2%
Net margin -35.2%
Return on equity -20.6%
Free cash flow −HK$15.2M FY2025
Operating margin 3.6%
More key figures
EPS (TTM) HK$-0.3800
Dividend yield 9.4%
EPS growth (YoY) +119%
Net cash HK$182M FY2025

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

Quality Score breakdown

Overall quality 43/100

Of which business quality 45 · Market factors (momentum, volatility) 59

Profitability 9
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 59
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

Sun Hing Printing Holdings Limited, an investment holding company, manufactures and sells printing products in Hong Kong, Mainland China, Rest of Asia, Europe, the United States, Oceania, and internationally.

Full company description

Sun Hing Printing Holdings Limited, an investment holding company, manufactures and sells printing products in Hong Kong, Mainland China, Rest of Asia, Europe, the United States, Oceania, and internationally. The company offers packaging printing services, which include corrugated, gift, card, and product boxes; paper gift set printing services, including gift sets containing gift boxes, cards, booklets, and hardback books; card printing services, including colour, insert, warranty, and plain cards; smart package printing services comprising radio-frequency identification labels and real QR codes; and other printing services that include stickers, colour papers, yupo papers, and red packets. It also engages in internet and technology, and property holding business. Its products are used for consumer products, promotion, advertising, and education markets. The company was incorporated in 2017 and is based in Chai Wan, Hong Kong. Sun Hing Printing Holdings Limited is a subsidiary of Goody Luck Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sun Hing Printing Holdings Ltd reported revenue of HK$218M in FY2025 versus HK$380M in FY2021, a compound −12.9%/yr. Reported net income was −HK$88.6M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$218M
Latest YoY
−26.3%
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.
−30.8%
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.
−6.9%
Avg. growth/yr (11Y) 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.
−2.2%
Revenue −12.9%/yr
FY21 HK$380M
FY22 HK$658M
FY23 HK$534M
FY24 HK$296M
FY25 HK$218M
Net income
FY21 HK$77.8M
FY22 HK$116M
FY23 HK$77.5M
FY24 HK$17.1M
FY25 −HK$88.6M
Character of growth · EPS growth decomposed (2014-2025) +6.7 % p.a.
Revenue per share +4.5 pp

of which total revenue +4.5 pp · buybacks/dilution +0.0 pp

EBIT margin +2.1 pp
Tax rate −0.4 pp
Residual (interest, one-offs) +0.6 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).

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Cite: Fair Value Calculator (2026). "Sun Hing Printing Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1975

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.

Quality Score 43 · Bottom 25%
Fair Value upside +158% · Top 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -35% · Bottom 25%
Operating margin (TTM) 4% · Below median
Revenue growth 22% · Top 25%
Dividend yield (TTM) 9.4% · Top 25%

Valuation Multiples vs Specialty Business Services median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 0.10× · Cheaper than 75% of peers

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 26
FUTURE 100 · sector 25
PAST 0 · sector 34
HEALTH 0 · sector 90
DIVIDEND 100 · sector 52

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 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%

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Frequently asked questions

Is Sun Hing Printing Holdings Ltd (1975) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.03 versus a price of HK$0.4000, about +158% (undervalued).
What is the fair value of 1975?
Our model-based fair value for Sun Hing Printing Holdings Ltd is HK$1.03 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.4000.
What is the quality score of 1975?
Sun Hing Printing Holdings 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 Sun Hing Printing Holdings Ltd (1975)?
Sun Hing Printing Holdings Ltd reported trailing-twelve-month revenue of about HK$242M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1975?
The net profit margin of Sun Hing Printing Holdings Ltd is about -35.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Sun Hing Printing Holdings Ltd pay a dividend?
Sun Hing Printing Holdings Ltd currently shows a dividend yield of about 9.38% 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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