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2573 (2573) Fair Value & Analysis

Consumer Defensive · Market cap HK$433M

2 2573 2573 · HK
PriceHK$4.50
Fair ValueHK$3.13
Upside-30.4%
Quality30/100
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Evidence: Medium Range HK$2.09 – HK$3.69

Fair value as of: Jul 2, 2026

From 14 valuation models · updated today

Share price −10.5% over the past month.

Price vs Fair Value (12 months)

HK$14.90 HK$3.50 Fair Value HK$3.13 Jun 2025 Jul 2026

12‑month range HK$3.50 – HK$14.90 · fair‑value band HK$2.09 – HK$3.69 · the HK$4.50 price screens above the HK$3.13 fair value. As of Jul 2, 2026.

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Analysis

2573 (2573) currently trades at HK$4.50, while our model-based Fair Value estimate is HK$3.13 — implying the stock looks roughly 30.4% overvalued today. We read business quality at 30/100 (below-average quality), in the Consumer Defensive 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: medium).

Over the trailing twelve months, 2573 generated revenue of HK$583M at a net margin of 2.2%. Revenue declined 29.4% year over year. It earns a return on equity of 2.3%. Net debt stands at HK$134M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$583M
Revenue growth (YoY) -29.4%
Net margin 2.2%
Return on equity 2.3%
Free cash flow −HK$100M FY2025
P/E ratio 28.1
More key figures
Operating margin -4.6%
EPS (TTM) HK$0.2800
EPS growth (YoY) +577%
Net debt HK$134M FY2025

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

2573 reported revenue of HK$583M in FY2025 versus HK$761M in FY2022, a compound −8.5%/yr. Reported net income was HK$13.1M in FY2025, compounding −52.5%/yr from FY2022.

Revenue −8.5%/yr
FY22 HK$761M
FY23 HK$447M
FY24 HK$569M
FY25 HK$583M
Net income −52.5%/yr
FY22 HK$122M
FY23 HK$44.7M
FY24 HK$43.4M
FY25 HK$13.1M

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Similar stocks

6 more Confectioners stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

Stock Price Fair Value vs Fair Value
Chocoladefabriken Lindt & Sprüngli AG LISN CHF 95,500 CHF 61,551 -36%
MDLZ MDLZ 1,104 MXN 661.45 MXN -40%
Mondelez International, Inc MDLZ34 R$162.00 R$85.61 -47%
The Hershey Company HSY $182.71 $103.09 -44%
Barry Callebaut AG BARN CHF 1,142 CHF 1,187 +4%
ORION Corp 271560 132,600 KRW 184,578 KRW +39%

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Frequently asked questions

Is 2573 (2573) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$3.13 versus a price of HK$4.50 — about −30% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 2573?
Our model-based fair value for 2573 is HK$3.13 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$4.50.
What is the quality score of 2573?
2573 has a Quality Score of 30/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 2573 (2573)?
2573 reported trailing-twelve-month revenue of about HK$583M (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 2573?
The net profit margin of 2573 is about 2.2%, meaning it keeps roughly 2.2% 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.