EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

HNA Technology Investments Holdings Ltd (2086) fair value: what the stock is really worth

As of Sep 30, 2026: fair value of HNA Technology Investments Holdings Ltd HK$0.14, price HK$0.50, upside -72.0%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? Yes
  3. Add to watchlist

Industrials · HK · ISIN KYG4527E1089

HT Thin data Sep 27, 2026

HNA Technology Investments Holdings Ltd

2086 · HK

Stretched ValuationStrong overvaluation with only moderate quality.

!Fair value HK$0.1400 · Strongly overvalued (−72.0%)
!Quality 56/100
!Weak Growth (revenue 5y −4.1 %/yr)
!Loss-making · -5.6% net margin (TTM)
!negative free cash flow
!Trails peers (3/9)
!Narrow moat 4/100
!Evidence only low, so the estimate is less certain
Watch HNA Technology Investments Holdings Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

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

Price vs Fair Value

HK$1.85 HK$0.3500 Fair Value HK$0.1400 May 2021 Sep 2026

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$0.3500 – HK$1.85 · fair‑value band HK$0.0900 – HK$0.1800 · the HK$0.5000 price screens above the HK$0.1400 fair value. Dashed = 300-day average. As of Sep 27, 2026.

Follow HNA Technology Investments Holdings in your weekly email

Every Wednesday you see whether HNA Technology Investments Holdings is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Leadway Technology Investment Group Limited, an investment holding company, develops, sells, and distributes smart card products, software, and hardware in Europe, the Asia Pacific, the Americas, the Middle East, and Africa. It provides smart card-related services.

Show more

Leadway Technology Investment Group Limited, an investment holding company, develops, sells, and distributes smart card products, software, and hardware in Europe, the Asia Pacific, the Americas, the Middle East, and Africa. It provides smart card-related services. The company also engages in financial technology and smart living business; and provision of management services. The company was formerly known as HNA Technology Investments Holdings Limited and changed its name to Leadway Technology Investment Group Limited in July 2022. The company was founded in 1995 and is headquartered in Kowloon Bay, Hong Kong. Leadway Technology Investment Group Limited operates as a subsidiary of Leadway Development Limited.

Stock analysis

HNA Technology Investments Holdings Ltd (2086) currently trades at HK$0.5000, while our model-based Fair Value estimate is HK$0.1400, 72.0% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Multiples group reads highest at a median of HK$0.1600 per share, and 0 of the 3 models we run sit above the HK$0.5000 price.

Bear case: the DCF Models group reads lowest at HK$0.1000, and 3 of the 3 models stay below the price. Evidence for this calculation is low.

Scenario range: HK$0.0900 (bear) to HK$0.1800 (bull), the price of HK$0.5000 sits above 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 56/100 (solid quality), in the Industrials sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

HNA Technology Investments Holdings Ltd reported revenue of HK$91.5M in FY2025 versus HK$98.1M in FY2021, a compound −1.7%/yr. Reported net income was −HK$5.1M in FY2025.

Key figures

Market cap HK$160M (≈ $20.4M) · P/S ratio 1.73 · EPS (TTM) HK$−0.0200 · Net margin −5.6% · Return on equity −8.5% · Return on assets (EBIT) −8.8% · Operating margin 1.1% · Revenue (TTM) HK$91.5M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).

What moves the price

The share trades about 25% below its 52-week high and 32% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Industrials peers we cover trades at 0% fair-value upside, at −72%, 2086 screens richer than that median.

Fair Value models

Bear HK$0.0900 Fair Value HK$0.1400 Bull HK$0.1800
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Owner Earnings HK$0.0900 HK$0.1000 HK$0.1200 75
EV/EBITDA HK$0.1400 HK$0.1600 HK$0.1900 64
NCAV (Graham) HK$0.0900 HK$0.1200 HK$0.1800 51
All 3 models by family
DCF Models
Owner Earnings HK$0.0900 HK$0.1000 HK$0.1200 75
Multiples
EV/EBITDA HK$0.1400 HK$0.1600 HK$0.1900 64
Asset-Based
NCAV (Graham) HK$0.0900 HK$0.1200 HK$0.1800 51

Open the full fair value analysis →

Notify me when 2086 reaches fair value

Put 2086 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 56/100

Of which business quality 57 · Market factors (momentum, volatility) 44

Profitability 38
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−8.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−1.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−4.1%
Start year 2020 (pandemic). Over 10 years: −9.0% a year
Revenue growth 23 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.3%
Profit margin (trend) ⓘ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.
−17.3% (2020) → −5.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

2086 screens overvalued: fair value 72% below the price. Compare with Allegion plc →

Compare HNA Technology Investments Holdings Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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.Security & Protection Services · 111 stocks

Beats the industry median on 3/8 measures
Overall it trails its industry peers.
Valuation
Quality Score 56 · Above median
Fair Value upside −72.0% · Bottom 25%
Profitability
Return on assets −3.3% · Bottom 25%
Net margin (TTM) −5.6% · Bottom 25%
Operating margin (TTM) 1.1% · Below median
Growth and dividend
Revenue growth −4.5% · Bottom 25%

Valuation Multiplesvs Security & Protection Services median · lower = cheaper

P/B 0.35× · Cheapest 25%
P/S (TTM) 0.22× · Cheapest 25%

Context: sector, industry, market

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

Similar stocks

10 more Security & Protection Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Allegion plc ALLE $154.47 $129.15 −16%
Zhejiang Dahua Technology Co 002236 ¥15.54 ¥31.47 +103%
MSA Safety Incorporated MSA $182.32 $121.15 −34%
ADT Inc ADT $6.14 $19.40 +216%
The Brink's Company BCO $106.82 $121.18 +13%
The GEO Group GEO $31.22 $13.08 −58%
Brady Corporation BRC $84.02 $84.37 +0%
Loomis AB LOOMIS kr 562.00 kr 496.43 −12%
CoreCivic, Inc CXW $32.67 $18.76 −43%
S-1 Corporation 012750 83,300 KRW 99,629 KRW +20%

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

HNA Technology Investments Holdings Ltd · Fair Value
HK$0.1400 −72%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "HNA Technology Investments Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2086

Frequently asked questions

Is HNA Technology Investments Holdings Ltd (2086) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of HK$0.1400 versus a price of HK$0.5000, about −72% upside (overvalued).
What is the fair value of 2086?
Our model-based fair value for HNA Technology Investments Holdings Ltd is HK$0.1400 (as of Sep 27, 2026), built from audited fundamentals. The current price: HK$0.5000.
What is the quality score of 2086?
HNA Technology Investments Holdings Ltd has a Quality Score of 56/100. 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 HNA Technology Investments Holdings Ltd (2086)?
Our model-based price target is the fair value of HK$0.1400 (as of Sep 27, 2026) from 3 valuation models. Cautious scenario HK$0.0900, optimistic scenario HK$0.1800. It is a calculation from audited fundamentals, not an analyst target.
What is the HNA Technology Investments Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.1400, about −72% upside versus a price of HK$0.5000 (overvalued). Cautious scenario HK$0.0900, optimistic scenario HK$0.1800. The calculation is refreshed regularly with new filings.
What is the revenue of HNA Technology Investments Holdings Ltd (2086)?
HNA Technology Investments Holdings Ltd reported trailing-twelve-month revenue of about HK$91.5M (latest available figure, as of Sep 27, 2026).
What is the intrinsic value of HNA Technology Investments Holdings Ltd (2086)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For HNA Technology Investments Holdings Ltd it is HK$0.1400 per share (as of Sep 27, 2026), against a price of HK$0.5000. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is HNA Technology Investments Holdings Ltd stock overvalued or undervalued in 2026?
As of Sep 27, 2026, 2086 trades above its calculated fair value: price HK$0.5000, fair value HK$0.1400, a gap of about −72% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 2086?
No. The price is what the market pays today (HK$0.5000); the fair value is what the company's own numbers justify (HK$0.1400). For HNA Technology Investments Holdings Ltd the two are HK$0.3600 per share apart. That gap is exactly why we show both numbers side by side.
How much is HNA Technology Investments Holdings Ltd worth?
The market values HNA Technology Investments Holdings Ltd at about HK$160M (market capitalisation, as of Sep 27, 2026). Per share that is HK$0.5000; our models calculate a fair value of HK$0.1400 per share.
What do the bullish and bearish scenarios say about 2086?
Our models span a range for HNA Technology Investments Holdings Ltd: cautious scenario HK$0.0900, base HK$0.1400, optimistic HK$0.1800 per share (as of Sep 27, 2026, price HK$0.5000). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of HNA Technology Investments Holdings Ltd (2086)?
Balance-sheet figures for HNA Technology Investments Holdings Ltd (as of Sep 27, 2026): return on equity −8.5%. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 2086 from its 52-week high?
HNA Technology Investments Holdings Ltd trades at HK$0.5000, about 25% below its 52-week high of HK$0.6700 and 32% above the low of HK$0.3800 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.1400 is for.
Which stocks are comparable to HNA Technology Investments Holdings Ltd?
From the same area (Industrials) we also value Allegion plc, Zhejiang Dahua Technology Co, MSA Safety Incorporated, ADT Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is HNA Technology Investments Holdings Ltd stock attractive at the current price?
The data as of Sep 27, 2026: price HK$0.5000, calculated fair value HK$0.1400 (−72%), Quality Score 56/100, from 3 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 2086 calculated?
We run HNA Technology Investments Holdings Ltd through 3 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of HK$0.1400, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. HNA Technology Investments Holdings Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of HNA Technology Investments Holdings Ltd (2086)?
The closing price on Sep 30, 2026 was HK$0.5000. Our model-based fair value is HK$0.1400, about −72% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with HNA Technology Investments Holdings Ltd right now?
The price sits above even our optimistic bull case (HK$0.1800). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (HK$0.0900 to HK$0.1800) leaves room in how you read the outcome.

Key figures of HNA Technology Investments Holdings Ltd

How large is the market capitalisation of HNA Technology Investments Holdings Ltd (2086)?
The market capitalisation of HNA Technology Investments Holdings Ltd is HK$160M (≈ $20.4M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of HNA Technology Investments Holdings Ltd (2086)?
The price-to-sales ratio of HNA Technology Investments Holdings Ltd is 1.73 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of HNA Technology Investments Holdings Ltd (2086)?
Earnings per share at HNA Technology Investments Holdings Ltd are HK$−0.0200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of HNA Technology Investments Holdings Ltd (2086)?
The net margin of HNA Technology Investments Holdings Ltd is −5.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of HNA Technology Investments Holdings Ltd (2086)?
The return on equity (ROE) of HNA Technology Investments Holdings Ltd is −8.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of HNA Technology Investments Holdings Ltd (2086)?
On an EBIT basis the return on assets of HNA Technology Investments Holdings Ltd is −8.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of HNA Technology Investments Holdings Ltd (2086)?
The operating margin of HNA Technology Investments Holdings Ltd is 1.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at HNA Technology Investments Holdings Ltd (2086)?
Revenue at HNA Technology Investments Holdings Ltd is growing −4.5% versus a year earlier (3y avg −1.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at HNA Technology Investments Holdings Ltd (2086)?
Earnings per share at HNA Technology Investments Holdings Ltd are growing −93.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does HNA Technology Investments Holdings Ltd (2086) generate?
The free cash flow of HNA Technology Investments Holdings Ltd is −HK$62.0K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does HNA Technology Investments Holdings Ltd (2086) hold?
HNA Technology Investments Holdings Ltd holds more cash than debt, HK$16.4M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch HNA Technology Investments Holdings Ltd in the live analysis

One click puts HNA Technology Investments Holdings Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.