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Ta Yang Group (1991) Fair Value & Analysis

Communication Services · HK · Market cap HK$94.6M

TY Ta Yang Group 1991 · HK
PriceHK$0.8000
Fair ValueHK$1.56
Upside+95.0%
Quality37/100
Expensive Growth
Loss-making · -9.7% net margin
Negative equity (buybacks among others) · negative free cash flow
Mixed vs. peers (4/9)
Narrow moat 9/100
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Evidence: Low Range HK$1.00 – HK$2.10 Share as image

Fair value as of: Aug 5, 2026

From 2 valuation models · updated today

Fair value updated Aug 5, 2026, revised from HK$1.70 to HK$1.56 (−8.2%) since Jul 2, 2026. Share price +45.5% over the past month.

Below-average quality, screening 95% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (37/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (HK$1.00). 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.
  • A fairly wide model range (HK$1.00 to HK$2.10) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$3.25 HK$0.4850 Fair Value HK$1.56 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 5, 2026.

How to read this chart

60‑month range HK$0.4850 – HK$3.25 · fair‑value band HK$1.00 – HK$2.10 · the HK$0.8000 price screens below the HK$1.56 fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

Ta Yang Group (1991) currently trades at HK$0.8000, while our model-based Fair Value estimate is HK$1.56, implying the stock looks roughly 95.0% undervalued today. We read business quality at 37/100 (below-average 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: low), always confirm before acting.

Over the trailing twelve months, Ta Yang Group generated revenue of HK$758M at a net margin of -9.7%. Revenue grew 2.5% year over year. Net debt stands at HK$240M. Fundamentals as of Aug 5, 2026

Our scenario range runs from HK$1.00 (bear case) to HK$2.10 (bull case); at HK$0.8000, the current price sits below that range. The share trades about 56% below its 52-week high and 88% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -1% fair-value upside, at 95%, 1991 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 BearBaseBull Evidence
Highest evidence
Gordon GGM HK$0.9500 HK$1.44 HK$1.90 70
DDM Multi-Stage HK$0.9500 HK$1.29 HK$1.60 61
All 2 models by family
Dividend Discount
Gordon GGM HK$0.9500 HK$1.44 HK$1.90 70
DDM Multi-Stage HK$0.9500 HK$1.29 HK$1.60 61

Key figures & financial health

Revenue (TTM) HK$758M
Revenue growth (YoY) +2.5%
Net margin -9.7%
Return on equity -471%
Free cash flow −HK$34.3M FY2025
Operating margin -10.5%
More key figures
EPS (TTM) HK$-0.0800
Net debt HK$240M FY2025

Figures from reported company fundamentals · as of Aug 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 34 · Market factors (momentum, volatility) 42

Profitability 26
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 4
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 36
Distance to the 52-week high (market factor)
Net Issuance 100
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

Ta Yang Group Holdings Limited, an investment holding company, designs, manufactures, and sells silicone rubber and related products in the People's Republic of China, the United Kingdom, and Hong Kong. It operates through Silicone Rubber and Related Products, Retail Services, Healthcare and Hotel Services, and Online Marketing Solution Services segments.

Full company description

Ta Yang Group Holdings Limited, an investment holding company, designs, manufactures, and sells silicone rubber and related products in the People's Republic of China, the United Kingdom, and Hong Kong. It operates through Silicone Rubber and Related Products, Retail Services, Healthcare and Hotel Services, and Online Marketing Solution Services segments. It is involved in designing and production of medical device components, precision electronic product components, high-quality silicone parts, and other consumer electron. The company also provides retail, online marketing solutions, healthcare and hotel, management, and retail services; and trades in silicone rubber. Its silicone rubber products is primarily used in consumer electronics, computer keyboards, mobile phone parts, automotive peripheral products, and customer-oriented consumer goods. Ta Yang Group Holdings Limited was founded in 1991 and is based in Central, Hong Kong. Ta Yang Group Holdings Limited is a subsidiary of Lyton Maison Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ta Yang Group reported revenue of HK$758M in FY2025 versus HK$363M in FY2021, a compound +20.3%/yr. Reported net income was −HK$73.3M in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$758M
Latest YoY
−21.8%
Avg. growth/yr (3Y)
+30.2%
Avg. growth/yr (5Y)
+16.4%
Avg. growth/yr (21Y)
+3.0%
Revenue +20.3%/yr
FY21 HK$363M
FY22 HK$344M
FY23 HK$1.2B
FY24 HK$970M
FY25 HK$758M
Net income
FY21 −HK$84.9M
FY22 −HK$98.1M
FY23 −HK$88.0M
FY24 −HK$63.6M
FY25 −HK$73.3M

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Cite: Fair Value Calculator (2026). "Ta Yang Group Fair Value". https://www.fairvalue-calculator.com/stock/1991

Peer Group

Advertising Agencies · 214 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 38 · Below median
Fair Value upside +81% · Top 25%
Return on assets -4% · Bottom 25%
Net margin (TTM) -10% · Bottom 25%
Operating margin (TTM) -11% · Bottom 25%
Revenue growth 3% · Above median

Valuation Multiples vs Advertising Agencies median · lower = cheaper

P/S (TTM) 0.02× · 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 17
FUTURE 13 · sector 6
PAST 0 · sector 0
HEALTH 100 · sector 98
DIVIDEND 0 · sector 66

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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 5, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $506.98 $181.37 -64%
Publicis Groupe S.A PUB €87.16 €146.36 +68%
Omnicom Group OMC $80.75 $99.84 +24%
Focus Media Information Technology Co 002027 ¥5.00 ¥4.08 -18%
The Trade Desk, Inc TTD $19.37 $20.76 +7%
BlueFocus Intelligent Communications Group 300058 ¥13.81 ¥1.50 -89%
JCDecaux SE DEC €21.28 €20.99 -1%
WPP plc WPP $18.13 $18.56 +2%
Easy Click Worldwide Network Technology Co 301171 ¥28.85 ¥5.62 -81%
Magnite, Inc MGNI $19.91 $17.17 -14%

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Frequently asked questions

Is Ta Yang Group (1991) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of HK$1.56 versus a price of HK$0.8000, about +95% (undervalued).
What is the fair value of 1991?
Our model-based fair value for Ta Yang Group is HK$1.56 (as of Aug 5, 2026), built from audited fundamentals. The current price is HK$0.8000.
What is the quality score of 1991?
Ta Yang Group has a Quality Score of 37/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ta Yang Group (1991)?
Ta Yang Group reported trailing-twelve-month revenue of about HK$758M (latest available figure, as of Aug 5, 2026).
What is the net profit margin of 1991?
The net profit margin of Ta Yang Group is about -9.7%, 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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