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2237 (2237) Fair Value & Analysis

Basic Materials · Market cap HK$320M

2 2237 2237 · HK
PriceHK$0.2160
Fair ValueHK$0.0600
Upside-72.2%
Quality45/100
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Evidence: High Range HK$0.0500 – HK$0.0800

Fair value as of: Jul 2, 2026

From 21 valuation models · updated today

Share price −20.0% over the past month.

Price vs Fair Value (12 months)

HK$0.4550 HK$0.2000 Fair Value HK$0.0600 Jun 2025 Jul 2026

12‑month range HK$0.2000 – HK$0.4550 · fair‑value band HK$0.0500 – HK$0.0800 · the HK$0.2160 price screens above the HK$0.0600 fair value. As of Jul 2, 2026.

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Analysis

2237 (2237) currently trades at HK$0.2160, while our model-based Fair Value estimate is HK$0.0600 — implying the stock looks roughly 72.2% overvalued today. We read business quality at 45/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, 2237 generated revenue of HK$153M at a net margin of 3.2%. Revenue grew 6.8% year over year. It earns a return on equity of 1.1%. Net debt stands at HK$44.6M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$153M
Revenue growth (YoY) +6.8%
Net margin 3.2%
Return on equity 1.1%
Free cash flow HK$7.9M FY2025
Operating margin 15.7%
More key figures
EPS (TTM) HK$-0.0100
EPS growth (YoY) +352%
Net debt HK$44.6M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 2, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

2237 reported revenue of HK$153M in FY2025 versus HK$198M in FY2021, a compound −6.3%/yr. Reported net income was HK$4.9M in FY2025, compounding −44.9%/yr from FY2021.

Revenue −6.3%/yr
FY21 HK$198M
FY22 HK$274M
FY23 HK$202M
FY24 HK$142M
FY25 HK$153M
Net income −44.9%/yr
FY21 HK$53.3M
FY22 HK$79.0M
FY23 HK$21.3M
FY24 −HK$12.5M
FY25 HK$4.9M

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Similar stocks

6 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHP $93.15 $51.49 -45%
Rio Tinto Group RTNTF $129.57 $77.65 -40%
RIO RIO A$184.58 A$454.52 +146%
Grupo México, S.A. GMBXF $11.89 $9.58 -19%
CMOC Group CMCLY $148.88 $113.34 -24%
Vale S.A VALEN 260.19 MXN 161.77 MXN -38%

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Frequently asked questions

Is 2237 (2237) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$0.0600 versus a price of HK$0.2160 — about −72% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 2237?
Our model-based fair value for 2237 is HK$0.0600 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.2160.
What is the quality score of 2237?
2237 has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 2237 (2237)?
2237 reported trailing-twelve-month revenue of about HK$153M (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 2237?
The net profit margin of 2237 is about 3.2%, meaning it keeps roughly 3.2% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.