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Country Garden Holdings (2007) Fair Value & Analysis

Real Estate · HK · Market cap HK$8.3B (≈ $1.1B) · ISIN KYG245241032

What is Country Garden Holdings really worth?

CG Country Garden Holdings 2007 · HK
PriceHK$0.1990
Fair ValueHK$0.1687
Upside−15.2%
Quality36/100

Below-average quality, and trading another 18% above our fair value of HK$0.1687.

As of Aug 13, 2026, the fair value of Country Garden Holdings is HK$0.1687 per share against a price of HK$0.1990, so the fair value sits 15% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Negative equity (buybacks among others) · generates free cash flow

Risks

!Weak Growth (revenue 5y −19.7 %/yr)
!Thin margins · 2.1% net margin
!Narrow moat 11/100
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range HK$0.1175 – HK$0.2402

Fair value as of: Aug 13, 2026

From 13 valuation models · updated 23 days ago

Fair value updated Aug 13, 2026, revised from HK$0.1685 to HK$0.1687 (+0.1%) since Aug 5, 2026. Share price +13.7% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (HK$0.1175 to HK$0.2402) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (5 years)

HK$9.17 HK$0.1670 Fair Value HK$0.1687 Apr 2021 Sep 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$0.1670 – HK$9.17 · fair‑value band HK$0.1175 – HK$0.2402 · the HK$0.1990 price screens above the HK$0.1687 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Country Garden Holdings (2007) currently trades at HK$0.1990, while our model-based Fair Value estimate is HK$0.1687, implying the stock looks roughly 18.0% overvalued today. The Quality Score stands at 36/100 (below-average quality), in the Real Estate sector. Bull case: the DCF Models group reads highest at a median of HK$1.55 per share, and 9 of the 9 models we run sit above the HK$0.1990 price. Bear case: the Earnings-Based group reads lowest at HK$0.7700, and 0 of the 9 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Country Garden Holdings generated revenue of HK$155B at a net margin of 2.1%. Revenue declined 45.4% year over year. It earns a return on equity of 3.4%. Net debt stands at HK$145B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.1175 (bear case) to HK$0.2402 (bull case); at HK$0.1990, the current price sits within 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 72% below its 52-week high and 24% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −19% fair-value upside, at −15%, 2007 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF best evidence HK$0.4100 77
Growth DCF HK$0.3300 75
Owner Earnings HK$0.5900 HK$1.55 HK$3.13 71
All 13 models by family
DCF Models
FCF DCF best evidence HK$0.4100 77
Owner Earnings HK$0.5900 HK$1.55 HK$3.13 71
5Y Revenue Exit HK$0.1100 69
5Y P/E Exit HK$0.5100 HK$1.68 HK$3.02 66
10Y Revenue Exit HK$0.1300 64
10Y P/E Exit HK$0.2000 HK$1.14 HK$2.48 57
Earnings-Based
Graham-Dodd HK$0.4800 HK$2.10 HK$2.87 64
Lynch FV HK$0.5400 HK$0.7700 HK$1.01 61
PEG = 1.0 HK$0.5400 HK$0.7700 HK$1.01 57
Multiples
P/E Multiple HK$1.85 HK$2.46 HK$3.08 63
P/S Multiple HK$0.9000 HK$1.20 HK$1.50 58
Growth DCF
Growth DCF HK$0.3300 75
Growth Earnings
Growth-Adj P/E HK$1.23 HK$1.76 HK$2.29 67

Widest divergence: Growth Earnings (HK$1.76) versus Earnings-Based (HK$0.7700). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 1.3 as of Jul 2, 2026
P/S ratio 0.03 P/E × margin
EPS (TTM) HK$−0.6900 price ÷ EPS = P/E 1.3
Net margin 2.1% FY2025
Return on equity 3.4% TTM
Return on assets (EBIT) −3.4% avg 5y
More key figures
Profitability
Operating margin −52.7% TTM
Growth
Revenue (TTM) HK$155B TTM
Revenue growth (YoY) −45.4% 3y avg −28.9%
EPS growth (YoY) −96.1%
Balance sheet & cash flow
Free cash flow HK$1.5B FY2025
Net debt HK$145B FY2025 · ≈ 94.4 yrs of FCF

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

Quality Score breakdown

Overall quality 36/100

Of which business quality 34 · Market factors (momentum, volatility) 7

Profitability 11
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 2
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 53
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Country Garden Holdings Company Limited, an investment holding company, invests, develops, and constructs real estate properties in Mainland China. The company develops residential projects, such as townhouses and condominiums, and car parks and retail shops spaces. It also develops, operates, and manages hotels.

Full company description

Country Garden Holdings Company Limited, an investment holding company, invests, develops, and constructs real estate properties in Mainland China. The company develops residential projects, such as townhouses and condominiums, and car parks and retail shops spaces. It also develops, operates, and manages hotels. In addition, the company engages in the robotics and light-asset entrusted management and construction services; rendering of property related sales services; interior decoration activities; and provision of project management and related services, as well as investment consulting services. The company was founded in 1992 and is based in Foshan, the People's Republic of China. Country Garden Holdings Company Limited is a subsidiary of Concrete Win Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Country Garden Holdings reported revenue of 155B CNY in FY2025 versus 523B CNY in FY2021, a compound −26.2%/yr. Reported net income was 3.3B CNY in FY2025, compounding −40.9%/yr from FY2021.

Growth Quality 32/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$155B
Latest YoY
−38.7%
Avg. revenue 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.
−28.9%
Avg. revenue 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.
−19.7%
Avg. revenue growth/yr (21Y) 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.
+20.2%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−40.7% · in HKD
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−40.7%
Dividend yield0.0%
Trend Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y −40.7% vs 10Y −13.8%, flattening
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.15.5% (2020) → −33.7% (2025) · falling
Worst earnings drop653% (2023) (loss year, drop beyond 100%) · in HKD
Revenue −26.2%/yr
FY21 523B CNY
FY22 430B CNY
FY23 401B CNY
FY24 253B CNY
FY25 155B CNY
Net income −40.9%/yr
FY21 26.8B CNY
FY22 −6.1B CNY
FY23 −178B CNY
FY24 −32.8B CNY
FY25 3.3B CNY

2007 screens 18% overvalued. Compare with Sun Hung Kai Properties Limited →

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Cite: Fair Value Calculator (2026). "Country Garden Holdings Fair Value". https://www.fairvalue-calculator.com/stock/2007.HK

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

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Frequently asked questions

Is Country Garden Holdings (2007) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.1687 versus a price of HK$0.1990, about −15% upside (overvalued).
What is the fair value of 2007?
Our model-based fair value for Country Garden Holdings is HK$0.1687 (as of Aug 13, 2026), built from audited fundamentals. The current price: HK$0.1990.
What is the quality score of 2007?
Country Garden Holdings has a Quality Score of 36/100. 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 price target for Country Garden Holdings (2007)?
Our model-based price target is the fair value of HK$0.1687 (as of Aug 13, 2026) from 13 valuation models. Cautious scenario HK$0.1175, optimistic scenario HK$0.2402. It is a calculation from audited fundamentals, not an analyst target.
What is the Country Garden Holdings stock forecast for 2026?
Our models put fair value at HK$0.1687, about −15% upside versus a price of HK$0.1990 (overvalued). Cautious scenario HK$0.1175, optimistic scenario HK$0.2402. The calculation is refreshed regularly with new filings.
What is the revenue of Country Garden Holdings (2007)?
Country Garden Holdings reported trailing-twelve-month revenue of about HK$155B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 2007?
The net profit margin of Country Garden Holdings is about 2.1%, meaning it keeps roughly 2.1% of revenue as net income. Based on the latest reported figures.
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