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Roiserv Lifestyle Services Co Ltd (2146) Fair Value & Analysis

Real Estate · HK · Market cap HK$560M

RL Roiserv Lifestyle Services Co Ltd 2146 · HK
PriceHK$2.08
Fair ValueHK$4.75
Upside+128.4%
Quality51/100
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Weak Growth
Thin margins · 5.9% net margin
Low debt · negative free cash flow
Mixed vs. peers (7/12)
Narrow moat 35/100
Evidence: High Range HK$3.55 – HK$5.95 Share as image

Fair value as of: Aug 13, 2026

From 7 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from HK$5.00 to HK$4.75 (−5.0%) since Aug 5, 2026. Share price +30.0% over the past month.

A solid business, screening 128% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (HK$3.55). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

HK$8.70 HK$1.05 Fair Value HK$4.75 Mar 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

60‑month range HK$1.05 – HK$8.70 · fair‑value band HK$3.55 – HK$5.95 · the HK$2.08 price screens below the HK$4.75 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Roiserv Lifestyle Services Co Ltd (2146) currently trades at HK$2.08, while our model-based Fair Value estimate is HK$4.75, implying the stock looks roughly 128.4% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Real Estate 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, Roiserv Lifestyle Services Co Ltd generated revenue of HK$1.9B at a net margin of 5.9%. Revenue declined 6.3% year over year. It earns a return on equity of 5.3%. The balance sheet holds a net cash position of HK$512M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$3.55 (bear case) to HK$5.95 (bull case); at HK$2.08, 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 near its 52-week high and 108% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at 128%, 2146 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$6.06 HK$5.87 HK$5.02 76
P/S Multiple HK$5.19 HK$6.92 HK$8.65 58
P/B Multiple HK$5.19 HK$6.92 HK$8.65 55
All 7 models by family
Multiples
P/S Multiple HK$5.19 HK$6.92 HK$8.65 58
P/B Multiple HK$5.19 HK$6.92 HK$8.65 55
EV/EBIT HK$13.17 HK$16.91 HK$20.65 53
EV/EBITDA HK$11.96 HK$15.29 HK$18.62 54
EV/Revenue HK$8.15 HK$10.80 HK$13.45 43
Asset-Based
NCAV (Graham) HK$4.27 HK$5.73 HK$8.55 50
Economic Profit
Residual Income HK$6.06 HK$5.87 HK$5.02 76

Widest divergence: Multiples (HK$10.80) versus Asset-Based (HK$5.73). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$1.9B
Revenue growth (YoY) -6.3%
Net margin 5.9%
Return on equity 5.3%
Free cash flow −HK$35.1M FY2025
P/E ratio 4.3 as of Jul 2, 2026
More key figures
Operating margin 10.8%
EPS (TTM) HK$0.2400
EPS growth (YoY) +2.4%
Net cash HK$512M FY2025

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 51 · Market factors (momentum, volatility) 83

Profitability 27
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 94
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 86
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

Roiserv Lifestyle Services Co., Ltd. provides property management services in China. It offers brokerage services, such as parking space rental and sales services; home-living services, such as new retail, commercial procurement, home repairs, maintenance, and housekeeping services for owners and residents of the properties under management; property …

Full company description

Roiserv Lifestyle Services Co., Ltd. provides property management services in China. It offers brokerage services, such as parking space rental and sales services; home-living services, such as new retail, commercial procurement, home repairs, maintenance, and housekeeping services for owners and residents of the properties under management; property engineering services; on-site services; and other services, including preliminary planning and design consultancy, property delivery, and after-sales services. The company also provides urban operation services, including municipal sanitation, garbage collection and disposal, landscaping, and water treatment. In addition, it offers social and economic, business management consulting, real estate agency, technical, fitness, elevator and car maintenance, residential daily life, rental and business, sanitation management, commodity sales, accommodation and catering, manufacture and construction, and other power engineering construction services; and planting of vegetables, edible fungi, and horticultural crops. It serves owners and residents of properties business services, government agencies, industrial parks, hotels, office buildings, schools, hospitals, stadiums, and public transportation. The company was formerly known as Langfang Rongsheng Property Service Co., Ltd. The company was incorporated in 2000 and is headquartered in Langfang, China. Roiserv Lifestyle Services Co., Ltd. operates as a subsidiary of RiseSun Real Estate Development Co.,Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Roiserv Lifestyle Services Co Ltd reported revenue of HK$1.9B in FY2025 versus HK$2.6B in FY2021, a compound −7.8%/yr. Reported net income was HK$110M in FY2025, compounding −27.6%/yr from FY2021.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$1.9B
Latest YoY
−5.3%
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.
−2.7%
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.
+0.5%
Avg. growth/yr (8Y) 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.
+12.3%
Revenue −7.8%/yr
FY21 HK$2.6B
FY22 HK$2.0B
FY23 HK$1.8B
FY24 HK$2.0B
FY25 HK$1.9B
Net income −27.6%/yr
FY21 HK$399M
FY22 HK$242M
FY23 HK$126M
FY24 HK$114M
FY25 HK$110M

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Cite: Fair Value Calculator (2026). "Roiserv Lifestyle Services Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2146

Peer Group

Real Estate Services · 529 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 53 · Below median
Fair Value upside +128% · Top 25%
Return on equity (TTM) 5% · Above median
Return on assets 3% · Top 25%
Net margin (TTM) 6% · Below median
Operating margin (TTM) 11% · Below median
Revenue growth -6% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 4.3× · Cheaper than 75% of peers
P/B 0.24× · Cheaper than 75% of peers
P/S (TTM) 0.29× · 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 34
FUTURE 0 · sector 10
PAST 21 · sector 16
HEALTH 100 · sector 85
DIVIDEND 0 · sector 59

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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Plaza S.A MALLPLAZA 3,989 CLP 4,571 CLP +15%
PT Solusi Tunas Pratama Tbk SUPR 43,850 IDR 15,049 IDR -66%
Cencosud Shopping S.A CENCOMALLS 2,412 CLP 2,976 CLP +23%
PT Sarana Menara Nusantara Tbk. owns and TOWR 392.00 IDR 1,012 IDR +158%
PT Metropolitan Kentjana Tbk MKPI 22,000 IDR 19,160 IDR -13%
PT Bangun Kosambi Sukses Tbk, CBDK 3,610 IDR 3,464 IDR -4%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 2,990 ARS +20%
PT Plaza Indonesia Realty Tbk PLIN 2,510 IDR 2,698 IDR +7%
PT MNC Tourism Indonesia Tbk, KPIG 74.00 IDR 122.12 IDR +65%
PT Indonesian Paradise Property Tbk INPP 770.00 IDR 291.52 IDR -62%

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Frequently asked questions

Is Roiserv Lifestyle Services Co Ltd (2146) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$4.75 versus a price of HK$2.08, about +128% (undervalued).
What is the fair value of 2146?
Our model-based fair value for Roiserv Lifestyle Services Co Ltd is HK$4.75 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$2.08.
What is the quality score of 2146?
Roiserv Lifestyle Services Co Ltd has a Quality Score of 51/100. 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 Roiserv Lifestyle Services Co Ltd (2146)?
Roiserv Lifestyle Services Co Ltd reported trailing-twelve-month revenue of about HK$1.9B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 2146?
The net profit margin of Roiserv Lifestyle Services Co Ltd is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. 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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