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Shenghui Cleanness Grp Hldg (2521) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$1.7B

SC Shenghui Cleanness Grp Hldg 2521 · HK
PriceHK$0.9600
Fair ValueHK$0.2295
Upside-76.1%
Quality32/100
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Expensive Growth
Thin margins · 3.8% net margin
negative free cash flow
Trails peers (0/12)
Narrow moat 31/100
Evidence: High Range HK$0.1700 – HK$0.2890 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 3 days ago

Share price −11.1% over the past month.

Below-average quality, and screening another 76% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (HK$0.2890). The favourable scenario is already priced in.
  • Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (3 years)

HK$1.20 HK$0.2130 Fair Value HK$0.2295 Dec 2023 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

32‑month range HK$0.2130 – HK$1.20 · fair‑value band HK$0.1700 – HK$0.2890 · the HK$0.9600 price screens above the HK$0.2295 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Shenghui Cleanness Grp Hldg (2521) currently trades at HK$0.9600, while our model-based Fair Value estimate is HK$0.2295, implying the stock looks roughly 76.1% overvalued today. The Quality Score stands at 32/100 (below-average quality), in the Consumer Cyclical 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, Shenghui Cleanness Grp Hldg generated revenue of HK$695M at a net margin of 3.8%. Revenue declined 3.4% year over year. It earns a return on equity of 6.0%. Net debt stands at HK$13.6M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.1700 (bear case) to HK$0.2890 (bull case); at HK$0.9600, 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 24% below its 52-week high and 243% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -76%, 2521 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
Residual Income HK$0.1700 HK$0.1800 HK$0.1700 76
Gordon GGM HK$0.1100 HK$0.2000 HK$0.2800 70
Growth-Adj P/E HK$0.1800 HK$0.2600 HK$0.3400 68
All 16 models by family
Earnings-Based
Graham-Dodd HK$0.0900 HK$0.2900 HK$0.3900 54
Lynch FV HK$0.0600 HK$0.0900 HK$0.1200 50
PEG = 1.0 HK$0.0600 HK$0.0900 HK$0.1200 46
EPV HK$0.1400 HK$0.1500 HK$0.1600 59
Dividend Discount
Gordon GGM HK$0.1100 HK$0.2000 HK$0.2800 70
DDM Multi-Stage HK$0.1100 HK$0.1800 HK$0.2200 61
Multiples
P/E Multiple HK$0.2200 HK$0.2900 HK$0.3600 63
P/S Multiple HK$0.1700 HK$0.2300 HK$0.2800 58
P/B Multiple HK$0.1700 HK$0.2300 HK$0.2800 55
EV/EBIT HK$0.2300 HK$0.2900 HK$0.3600 53
EV/EBITDA HK$0.2200 HK$0.2800 HK$0.3400 54
EV/Revenue HK$0.1700 HK$0.2200 HK$0.2800 43
Asset-Based
NCAV (Graham) HK$0.1200 HK$0.1600 HK$0.2300 50
Economic Profit
Residual Income HK$0.1700 HK$0.1800 HK$0.1700 76
ROIC Compounder HK$0.1400 HK$0.1500 HK$0.1600 67
Growth Earnings
Growth-Adj P/E HK$0.1800 HK$0.2600 HK$0.3400 68

Widest divergence: Growth Earnings (HK$0.2600) versus Earnings-Based (HK$0.0900). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$695M
Revenue growth (YoY) -3.4%
Net margin 3.8%
Return on equity 6.0%
Free cash flow −HK$32.3M FY2026
P/E ratio 44.0 as of Jul 2, 2026
More key figures
Operating margin 7.6%
EPS growth (YoY) -60.1%
Net debt HK$13.6M FY2026

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

Quality Score breakdown

Overall quality 32/100

Of which business quality 37 · Market factors (momentum, volatility) 62

Profitability 40
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 23
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 85
Distance to the 52-week high (market factor)
Net Issuance 17
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

Shenghui Cleanness Group Holdings Limited, an investment holding company, engages in the provision of cleaning and maintenance services in the People's Republic of China.

Full company description

Shenghui Cleanness Group Holdings Limited, an investment holding company, engages in the provision of cleaning and maintenance services in the People's Republic of China. The company provides garbage collection and transportation, basic cleaning and maintenance, waste collection and transportation, water tank cleaning, and ancillary services to airports, shopping malls, commercial building, residential buildings and properties, commercial complexes, streets, parks, and other public spaces. It also provides specialized cleaning services, such as stone cleaning and restoration, and high-altitude cleaning using mobile elevated platform, as well as engages in resale of waste recycling activities. The company was founded in 2000 and is headquartered in Guangzhou, China.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Shenghui Cleanness Grp Hldg reported revenue of HK$677M in FY2026 versus HK$564M in FY2022, a compound +4.7%/yr. Reported net income was HK$25.8M in FY2026, compounding −10.3%/yr from FY2022.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
HK$677M
Latest YoY
+0.5%
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.
+4.4%
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.
+7.8%
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.
+9.7%
Revenue +4.7%/yr
FY22 HK$564M
FY23 HK$594M
FY24 HK$630M
FY25 HK$674M
FY26 HK$677M
Net income −10.3%/yr
FY22 HK$39.9M
FY23 HK$34.4M
FY24 HK$27.9M
FY25 HK$49.2M
FY26 HK$25.8M

2521 screens 76% overvalued. Compare with Rollins, Inc →

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Cite: Fair Value Calculator (2026). "Shenghui Cleanness Grp Hldg Fair Value". https://www.fairvalue-calculator.com/stock/2521

Peer Group

Personal Services · 43 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 32 · Bottom 25%
Fair Value upside −76% · Bottom 25%
Return on equity (TTM) 6% · Below median
Return on assets 4% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 8% · Below median
Revenue growth -3% · Bottom 25%
Dividend yield (TTM) 1.6% · Bottom 25%

Valuation Multiples vs Personal Services median · lower = cheaper

P/E (TTM) 44.0× · Pricier than 75% of peers
P/B 3.77× · Pricier than 75% of peers
P/S (TTM) 2.47× · Pricier than 75% of peers
EV/EBITDA 38.4× · Pricier 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 0 · sector 17
FUTURE 0 · sector 27
PAST 24 · sector 29
HEALTH 0 · sector 98
DIVIDEND 33 · sector 82

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
Rollins, Inc ROL $36.52 $21.11 -42%
Service Corporation SCI $84.40 $38.27 -55%
Frontdoor, Inc FTDR $85.51 $73.81 -14%
H&R Block, Inc HRB $54.18 $78.30 +45%
Bright Horizons Family Solutions Inc BFAM $71.52 $62.41 -13%
Fu Shou Yuan International Group 1448 HK$2.64 HK$4.20 +59%
Lungyen Life Service Corporation 5530 49.35 TWD 31.33 TWD -37%
Carriage Services, Inc CSV $33.69 $27.81 -17%
Musti Group MUSTI €15.05 €14.08 -6%
Uniao Pet Participacoes S.A AUAU3 R$3.32 R$1.20 -64%

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Frequently asked questions

Is Shenghui Cleanness Grp Hldg (2521) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.2295 versus a price of HK$0.9600, about −76% (overvalued).
What is the fair value of 2521?
Our model-based fair value for Shenghui Cleanness Grp Hldg is HK$0.2295 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.9600.
What is the quality score of 2521?
Shenghui Cleanness Grp Hldg has a Quality Score of 32/100. 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 Shenghui Cleanness Grp Hldg (2521)?
Shenghui Cleanness Grp Hldg reported trailing-twelve-month revenue of about HK$695M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 2521?
The net profit margin of Shenghui Cleanness Grp Hldg is about 3.8%, meaning it keeps roughly 3.8% 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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