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MTT Group Holdings Ltd (2350) Fair Value & Analysis

Technology · HK · Market cap HK$578M (≈ $73.6M)

What is MTT Group Holdings Ltd really worth?

MG MTT Group Holdings Ltd 2350 · HK
PriceHK$0.7400
Fair ValueHK$0.4930
Upside−33.4%
Quality41/100

Below-average quality, and trading another 50% above our fair value of HK$0.4930.

As of Aug 27, 2026, the fair value of MTT Group Holdings Ltd is HK$0.4930 per share against a price of HK$0.7400, so the fair value sits 33% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

generates free cash flow

Risks

!Weak Growth (revenue 5y +12.8 %/yr)
!Loss-making · -6.3% net margin
!Trails peers (3/10)
!Narrow moat 1/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range HK$0.3570 – HK$0.6375

Fair value as of: Aug 27, 2026

From 7 valuation models · updated 10 days ago

Share price +25.4% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (HK$0.6375). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (4 years)

HK$1.18 HK$0.2850 Fair Value HK$0.4930 Sep 2022 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

47‑month range HK$0.2850 – HK$1.18 · fair‑value band HK$0.3570 – HK$0.6375 · the HK$0.7400 price screens above the HK$0.4930 fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

MTT Group Holdings Ltd (2350) currently trades at HK$0.7400, while our model-based Fair Value estimate is HK$0.4930, implying the stock looks roughly 50.1% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Technology sector. Bull case: the Growth DCF group reads highest at a median of HK$0.7000 per share, and 0 of the 7 models we run sit above the HK$0.7400 price. Bear case: the Asset-Based group reads lowest at HK$0.1100, and 7 of the 7 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, MTT Group Holdings Ltd generated revenue of HK$709M at a net margin of −6.3%. Revenue declined 4.0% year over year. It earns a return on equity of −27.6%. The balance sheet holds a net cash position of HK$30.8M. Fundamentals as of Aug 27, 2026

Our scenario range runs from HK$0.3570 (bear case) to HK$0.6375 (bull case); at HK$0.7400, the current price sits above 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 41% below its 52-week high and 90% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 69% fair-value upside, at −33%, 2350 screens richer 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$0.4700 HK$0.7400 HK$1.14 77
Growth DCF HK$0.4700 HK$0.7100 HK$1.05 75
5Y Revenue Exit HK$0.4400 HK$0.7000 HK$1.05 69
All 7 models by family
DCF Models
FCF DCF best evidence HK$0.4700 HK$0.7400 HK$1.14 77
5Y Revenue Exit HK$0.4400 HK$0.7000 HK$1.05 69
10Y Revenue Exit HK$0.4300 HK$0.6700 HK$1.02 64
Multiples
EV/Revenue HK$0.4200 HK$0.5900 HK$0.7500 51
Asset-Based
NCAV (Graham) HK$0.0800 HK$0.1100 HK$0.1600 51
Growth DCF
Growth DCF HK$0.4700 HK$0.7100 HK$1.05 75
Rev-Margin DCF HK$0.4400 HK$0.7000 HK$1.02 69

Widest divergence: DCF Models (HK$0.7000) versus Asset-Based (HK$0.1100). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/S ratio 0.75 TTM
EPS (TTM) HK$−0.0100
Net margin −6.3% FY2026
Return on equity −27.6% TTM
Return on assets (EBIT) 3.7% avg 5y
Operating margin −10.5% TTM
More key figures
Growth
Revenue (TTM) HK$709M TTM
Revenue growth (YoY) −4.0% 3y avg −2.0%
EPS growth (YoY) −96.5%
Balance sheet & cash flow
Free cash flow HK$36.9M FY2026
Net cash HK$30.8M FY2026

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 46 · Market factors (momentum, volatility) 38

Profitability 24
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 56
Distance to the 52-week high (market factor)
Net Issuance 0
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

MTT Group Holdings Limited, an investment holding company, engages in the distribution of IT products in Hong Kong, the People's Republic of China, and Malaysia. It operates through the Distribution Business and System Integration Solutions segments.

Full company description

MTT Group Holdings Limited, an investment holding company, engages in the distribution of IT products in Hong Kong, the People's Republic of China, and Malaysia. It operates through the Distribution Business and System Integration Solutions segments. The company also provides IT implementation services, as well as IT maintenance and support services, and related IT infrastructure solutions; and procures IT products. It serves through authorized distributors, IT product vendors, and other service providers. The company was founded in 2006 and is headquartered in Kwun Tong, Hong Kong.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

MTT Group Holdings Ltd reported revenue of HK$709M in FY2026 versus HK$632M in FY2022, a compound +2.9%/yr. Reported net income was −HK$44.5M in FY2026.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
HK$709M
Latest YoY
+12.5%
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.
−2.0%
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.
+12.8%
Avg. revenue 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.
+11.1%
EBIT 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.
9.2% (2021) → −7.0% (2026)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue +2.9%/yr
FY22 HK$632M
FY23 HK$753M
FY24 HK$628M
FY25 HK$630M
FY26 HK$709M
Net income
FY22 HK$47.3M
FY23 HK$43.7M
FY24 −HK$15.0M
FY25 −HK$10.3M
FY26 −HK$44.5M

2350 screens 50% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "MTT Group Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2350.HK

Peer Group

Information Technology Services · 488 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 41 · Bottom 25%
Fair Value upside −33% · Below median
Return on assets −4% · Bottom 25%
Net margin (TTM) −6% · Bottom 25%
Operating margin (TTM) −3% · Bottom 25%
Revenue growth −4% · Bottom 25%

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/B 0.53× · Cheaper than 75% of peers
P/S (TTM) 0.10× · Cheaper than 75% of peers
P/FCF 2.0× · Cheaper than median

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.59 $175.76 −25%
Accenture plc ACN $189.61 $334.27 +76%
Tata Consultancy Services Limited TCS ₹2,302 ₹3,473 +51%
Infosys Limited INFY ₹1,156 ₹1,958 +69%
HCL Technologies Limited HCLTECH ₹1,293 ₹1,722 +33%
Fiserv, Inc FI C$5.13 C$8.07 +57%
Wipro Limited WIT $1.83 $3.51 +92%
Fidelity National Information Services, Inc FIS $41.34 $19.28 −53%
Cognizant Technology Solutions Corporation CTSH $64.04 $132.01 +106%
Capgemini SE CAP €109.45 €222.79 +104%

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Frequently asked questions

Is MTT Group Holdings Ltd (2350) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of HK$0.4930 versus a price of HK$0.7400, about −33% upside (overvalued).
What is the fair value of 2350?
Our model-based fair value for MTT Group Holdings Ltd is HK$0.4930 (as of Aug 27, 2026), built from audited fundamentals. The current price: HK$0.7400.
What is the quality score of 2350?
MTT Group Holdings Ltd has a Quality Score of 41/100. 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 MTT Group Holdings Ltd (2350)?
Our model-based price target is the fair value of HK$0.4930 (as of Aug 27, 2026) from 7 valuation models. Cautious scenario HK$0.3570, optimistic scenario HK$0.6375. It is a calculation from audited fundamentals, not an analyst target.
What is the MTT Group Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.4930, about −33% upside versus a price of HK$0.7400 (overvalued). Cautious scenario HK$0.3570, optimistic scenario HK$0.6375. The calculation is refreshed regularly with new filings.
What is the revenue of MTT Group Holdings Ltd (2350)?
MTT Group Holdings Ltd reported trailing-twelve-month revenue of about HK$709M (latest available figure, as of Aug 27, 2026).
What is the net profit margin of 2350?
The net profit margin of MTT Group Holdings Ltd is about −6.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
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