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AustAsia Group (2425) Fair Value & Analysis

Consumer Defensive · HK · Market cap HK$1.7B

AG AustAsia Group 2425 · HK
PriceHK$1.99
Fair ValueHK$2.58
Upside+29.4%
Quality30/100
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Expensive Growth
Loss-making · -21.7% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/12)
Narrow moat 19/100
Evidence: Low Range HK$1.13 – HK$4.01 Share as image

Fair value as of: Aug 5, 2026

From 7 valuation models · updated 5 days ago

Share price +10.6% over the past month.

Below-average quality, screening 29% undervalued on our models.

What matters now

  • The model range is unusually wide (HK$1.13 to HK$4.01). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (4 years)

HK$6.37 HK$0.9100 Fair Value HK$2.58 Dec 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 5, 2026.

How to read this chart

43‑month range HK$0.9100 – HK$6.37 · fair‑value band HK$1.13 – HK$4.01 · the HK$1.99 price screens below the HK$2.58 fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

AustAsia Group (2425) currently trades at HK$1.99, while our model-based Fair Value estimate is HK$2.58, implying the stock looks roughly 29.4% undervalued today. The Quality Score stands at 30/100 (below-average quality), in the Consumer Defensive 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: low), always confirm before acting.

Over the trailing twelve months, AustAsia Group generated revenue of HK$3.5B at a net margin of -21.7%. Revenue declined 4.6% year over year. It earns a return on equity of -21.0%. Net debt stands at HK$2.6B. Fundamentals as of Aug 5, 2026

Our scenario range runs from HK$1.13 (bear case) to HK$4.01 (bull case); at HK$1.99, the current price sits within 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 29% below its 52-week high and 70% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at 29%, 2425 screens richer 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$2.42 HK$3.29 HK$4.65 80
Rev-Margin DCF HK$2.37 HK$3.82 HK$5.60 74
NCAV (Graham) HK$1.70 HK$2.28 HK$3.40 50
All 7 models by family
DCF Models
FCF DCF HK$2.32 HK$3.24 HK$4.79 38
5Y Revenue Exit HK$2.37 HK$3.74 HK$5.73 39
10Y Revenue Exit HK$2.25 HK$3.20 HK$4.21 36
Multiples
EV/Revenue HK$2.69 HK$4.15 HK$5.61 43
Asset-Based
NCAV (Graham) HK$1.70 HK$2.28 HK$3.40 50
Growth DCF
Growth DCF HK$2.42 HK$3.29 HK$4.65 80
Rev-Margin DCF HK$2.37 HK$3.82 HK$5.60 74

Widest divergence: Multiples (HK$4.15) versus Asset-Based (HK$2.28). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$3.5B
Revenue growth (YoY) -4.6%
Net margin -21.7%
Return on equity -21.0%
Free cash flow HK$368M FY2025
Operating margin 11.7%
More key figures
EPS (TTM) HK$-0.5400
EPS growth (YoY) -62.7%
Net debt HK$2.6B FY2025

Figures from reported company fundamentals · as of Aug 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 32 · Market factors (momentum, volatility) 43

Profitability 4
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 69
Disciplined investing over empire-building
Low Volatility 34
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 60
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.

About the company

AustAsia Group Ltd. produces and sells raw milk, beef cattle, and feed products in Mainland China. It operates through three segments: Raw Milk, Beef Cattle, and Ancillary. The company engages in dairy cow breeding and farming; beef cattle breeding and farming; sells beef cattle; and production and sales of feed.

Full company description

AustAsia Group Ltd. produces and sells raw milk, beef cattle, and feed products in Mainland China. It operates through three segments: Raw Milk, Beef Cattle, and Ancillary. The company engages in dairy cow breeding and farming; beef cattle breeding and farming; sells beef cattle; and production and sales of feed. In addition, it trades, wholesales, and distributes milk products under the AustAsia brand name. The company was founded in 1997 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AustAsia Group reported revenue of HK$3.5B in FY2025 versus HK$3.8B in FY2021, a compound −2.4%/yr. Reported net income was −HK$751M in FY2025.

Growth Quality 29/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$3.5B
Latest YoY
−5.9%
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.
−3.0%
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.
+3.2%
Revenue −2.4%/yr
FY21 HK$3.8B
FY22 HK$3.8B
FY23 HK$3.9B
FY24 HK$3.7B
FY25 HK$3.5B
Net income
FY21 HK$765M
FY22 HK$158M
FY23 −HK$489M
FY24 −HK$1.3B
FY25 −HK$751M

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Cite: Fair Value Calculator (2026). "AustAsia Group Fair Value". https://www.fairvalue-calculator.com/stock/2425

Peer Group

Farm Products · 288 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 30 · Bottom 25%
Fair Value upside +29% · Above median
Return on assets 3% · Above median
Net margin (TTM) -22% · Bottom 25%
Operating margin (TTM) 12% · Above median
Revenue growth -5% · Below median
Debt / equity 0.32× · Higher than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 0.06× · Cheaper than 75% of peers
P/FCF 0.6× · Cheaper than median
EV/EBITDA 1.6× · 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 73 · sector 25
FUTURE 0 · sector 20
PAST 0 · sector 17
HEALTH 84 · sector 94
DIVIDEND 0 · sector 38

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Aug 5, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

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Frequently asked questions

Is AustAsia Group (2425) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of HK$2.58 versus a price of HK$1.99, about +29% (undervalued).
What is the fair value of 2425?
Our model-based fair value for AustAsia Group is HK$2.58 (as of Aug 5, 2026), built from audited fundamentals. The current price is HK$1.99.
What is the quality score of 2425?
AustAsia Group has a Quality Score of 30/100. 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 AustAsia Group (2425)?
AustAsia Group reported trailing-twelve-month revenue of about HK$3.5B (latest available figure, as of Aug 5, 2026).
What is the net profit margin of 2425?
The net profit margin of AustAsia Group is about -21.7%, 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.

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