EN DE

Kangqiao Service Group Ltd (2205) Fair Value & Analysis

Real Estate · HK · Market cap HK$665M

KS Kangqiao Service Group Ltd 2205 · HK
PriceHK$0.5750
Fair ValueHK$1.37
Upside+138.3%
Quality40/100
Watch Kangqiao Service Group Ltd for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Loss-making · -4.0% net margin
Low debt · generates free cash flow
Trails peers (4/12)
Narrow moat 14/100
Evidence: Medium Range HK$1.11 – HK$1.63 Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated 3 days ago

Share price −39.5% over the past month.

Below-average quality, screening 138% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (HK$1.11). The market is more pessimistic than our downside scenario.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$2.81 HK$0.4094 Fair Value HK$1.37 Jul 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$0.4094 – HK$2.81 · fair‑value band HK$1.11 – HK$1.63 · the HK$0.5750 price screens below the HK$1.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

Kangqiao Service Group Ltd (2205) currently trades at HK$0.5750, while our model-based Fair Value estimate is HK$1.37, implying the stock looks roughly 138.3% undervalued today. The Quality Score stands at 40/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, Kangqiao Service Group Ltd generated revenue of HK$932M at a net margin of -4.0%. Revenue grew 0.6% year over year. It earns a return on equity of -2.5%. The balance sheet holds a net cash position of HK$357M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$1.11 (bear case) to HK$1.63 (bull case); at HK$0.5750, 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 67% below its 52-week high and 109% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at 138%, 2205 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
Growth DCF HK$1.08 HK$1.38 HK$1.77 80
Rev-Margin DCF HK$1.04 HK$1.37 HK$1.78 74
Gordon GGM HK$0.1100 HK$0.2000 HK$0.2700 70
All 9 models by family
DCF Models
FCF DCF HK$1.09 HK$1.41 HK$1.86 38
5Y Revenue Exit HK$1.04 HK$1.37 HK$1.81 39
10Y Revenue Exit HK$1.04 HK$1.34 HK$1.75 36
Dividend Discount
Gordon GGM HK$0.1100 HK$0.2000 HK$0.2700 70
DDM Multi-Stage HK$0.1100 HK$0.1800 HK$0.2100 61
Multiples
EV/Revenue HK$1.04 HK$1.26 HK$1.48 43
Asset-Based
NCAV (Graham) HK$0.4900 HK$0.6600 HK$0.9800 50
Growth DCF
Growth DCF HK$1.08 HK$1.38 HK$1.77 80
Rev-Margin DCF HK$1.04 HK$1.37 HK$1.78 74

Widest divergence: DCF Models (HK$1.37) versus Dividend Discount (HK$0.1800). Highest evidence: Growth DCF (80).

Notify me when 2205 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) HK$932M
Revenue growth (YoY) +0.6%
Net margin -4.0%
Return on equity -2.5%
Free cash flow HK$40.0M FY2025
Operating margin -17.7%
More key figures
EPS (TTM) HK$0.0500
EPS growth (YoY) -21.8%
Net cash HK$357M FY2025

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

Quality Score breakdown

Overall quality 40/100

Of which business quality 45 · Market factors (momentum, volatility) 21

Profitability 12
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 16
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

Kangqiao Service Group Limited, an investment holding company, engages in the provision of property management and related value-added services in the People's Republic of China. The company offers security, cleaning, greening, gardening, repairs, and maintenance services.

Full company description

Kangqiao Service Group Limited, an investment holding company, engages in the provision of property management and related value-added services in the People's Republic of China. The company offers security, cleaning, greening, gardening, repairs, and maintenance services. It also provides sales office management services to property developers' sales offices and show flats, such as visitor reception, as well as pre-delivery services. The company's portfolio includes commercial properties, office buildings, industrial parks, hospitals, and other public infrastructures. In addition, it provides community value-added services, including home-living, community operation, asset operation; and city services, such as rail transit sanitation services; city environmental sanitation; waste sorting and treatment; installation of road facilities; landscaping project; old communities renovation; and smart block construction, etc. Further, the company offers construction site management, consultancy, real estate marketing planning, business management, sanitation, commodity sales, and technology development services. Kangqiao Service Group Limited was founded in 2010 and is headquartered in Zhengzhou, the People's Republic of China. Kangqiao Service Group Limited operates as a subsidiary of Kangqiaoyue Shenghuo Holdings Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kangqiao Service Group Ltd reported revenue of HK$932M in FY2025 versus HK$784M in FY2021, a compound +4.4%/yr. Reported net income was −HK$36.7M in FY2025.

Growth Quality 47/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$932M
Latest YoY
−3.0%
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.
+5.5%
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.
+10.1%
Avg. growth/yr (7Y) 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.
+22.2%
Revenue +4.4%/yr
FY21 HK$784M
FY22 HK$793M
FY23 HK$934M
FY24 HK$961M
FY25 HK$932M
Net income
FY21 HK$83.9M
FY22 HK$54.1M
FY23 HK$38.5M
FY24 HK$48.4M
FY25 −HK$36.7M

Watch 2205: get an alert when its fair value changes →

Share or link this analysis
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.

Cite: Fair Value Calculator (2026). "Kangqiao Service Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2205

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 43 · Bottom 25%
Fair Value upside +138% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) -18% · Bottom 25%
Revenue growth 1% · Below median
Dividend yield (TTM) 1.5% · Below median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/B 0.12× · Cheaper than 75% of peers
P/S (TTM) 0.09× · Cheaper than 75% of peers
P/FCF 2.1× · Pricier than median

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 3 · sector 10
PAST 0 · sector 16
HEALTH 100 · sector 85
DIVIDEND 30 · 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%

Compare Kangqiao Service Group Ltd with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

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

Frequently asked questions

Is Kangqiao Service Group Ltd (2205) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.37 versus a price of HK$0.5750, about +138% (undervalued).
What is the fair value of 2205?
Our model-based fair value for Kangqiao Service Group Ltd is HK$1.37 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.5750.
What is the quality score of 2205?
Kangqiao Service Group Ltd has a Quality Score of 40/100. 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 Kangqiao Service Group Ltd (2205)?
Kangqiao Service Group Ltd reported trailing-twelve-month revenue of about HK$932M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 2205?
The net profit margin of Kangqiao Service Group Ltd is about -4.0%, 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.

14 days Pro free · no card

Track Kangqiao Service Group Ltd and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.