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Herbs Generation Grp Hldg Ltd (2593) Fair Value & Analysis

Consumer Defensive · HK · Market cap HK$129M (≈ $16.4M)

What is Herbs Generation Grp Hldg Ltd really worth?

HG Herbs Generation Grp Hldg Ltd 2593 · HK
PriceHK$0.9500
Fair ValueHK$1.06
Upside+11.6%
Quality42/100

Below-average quality, trading 10% below our fair value of HK$1.06.

As of Aug 27, 2026, the fair value of Herbs Generation Grp Hldg Ltd is HK$1.06 per share against a price of HK$0.9500, so the fair value sits 12% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Expensive Growth (revenue 3y +3.1 %/yr)
!Loss-making · -10.1% net margin
!negative free cash flow
!Mixed vs. peers (4/10)
!Narrow moat 0/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range HK$0.9900 – HK$1.15

Fair value as of: Aug 27, 2026

From 3 valuation models · updated 10 days ago

Share price +0.5% 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 is below even our cautious bear case (HK$0.9900). The market is more pessimistic than our downside scenario.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (21 months)

HK$3.82 HK$0.8900 Fair Value HK$1.06 Dec 2024 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

21‑month range HK$0.8900 – HK$3.82 · fair‑value band HK$0.9900 – HK$1.15 · the HK$0.9500 price screens below the HK$1.06 fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Herbs Generation Grp Hldg Ltd (2593) currently trades at HK$0.9500, while our model-based Fair Value estimate is HK$1.06, implying the stock looks roughly 10.4% undervalued today. The Quality Score stands at 42/100 (below-average quality), in the Consumer Defensive sector. Bull case: the Dividend Discount group reads highest at a median of HK$1.12 per share, and 2 of the 3 models we run sit above the HK$0.9500 price. Bear case: the Asset-Based group reads lowest at HK$0.7200, and 1 of the 3 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Herbs Generation Grp Hldg Ltd generated revenue of HK$228M at a net margin of −10.1%. Revenue declined 13.4% year over year. It earns a return on equity of −13.9%. The balance sheet holds a net cash position of HK$56.0M. Fundamentals as of Aug 27, 2026

Our scenario range runs from HK$0.9900 (bear case) to HK$1.15 (bull case); at HK$0.9500, the current price sits below 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 51% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −26% fair-value upside, at 12%, 2593 screens cheaper 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
Gordon GGM best evidence HK$1.04 HK$1.12 HK$1.22 67
DDM Multi-Stage HK$1.04 HK$1.22 HK$1.43 65
NCAV (Graham) HK$0.5400 HK$0.7200 HK$1.08 51
All 3 models by family
Dividend Discount
Gordon GGM best evidence HK$1.04 HK$1.12 HK$1.22 67
DDM Multi-Stage HK$1.04 HK$1.22 HK$1.43 65
Asset-Based
NCAV (Graham) HK$0.5400 HK$0.7200 HK$1.08 51

Widest divergence: Dividend Discount (HK$1.12) versus Asset-Based (HK$0.7200). Highest evidence: Gordon GGM (67).

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Key figures & financial health

P/S ratio 0.56 TTM
Net margin −10.1% FY2025
Return on equity −13.9% TTM
Return on assets (EBIT) 17.2% avg 5y
Operating margin −17.7% TTM
Revenue (TTM) HK$228M TTM
More key figures
Growth
Revenue growth (YoY) −13.4% 3y avg +3.1%
Balance sheet & cash flow
Free cash flow −HK$3.2M FY2025
Net cash HK$56.0M FY2025

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 48 · Market factors (momentum, volatility) 21

Profitability 38
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 82
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

Herbs Generation Group Holdings Limited engages in the development, marketing, and sale of health supplements, cosmetics, and skincare products in Hong Kong.

Full company description

Herbs Generation Group Holdings Limited engages in the development, marketing, and sale of health supplements, cosmetics, and skincare products in Hong Kong. The company offers health supplements for cardiovascular health, anti-aging, immunity booster, blood regulating, liver and kidney, brain, detox, eye health, bones and joints, hair, midlife, men's and women's health, and insomnia and pressure, skincare, and lose weight, as well as allergy care. It sells its products under the Herbs, ZINO, Classic, Umeya, Energie, Men's INFiNiTY, Regal Green, Herbs Pet, MedHerbs, and SupreHerbs brand names through local health and beauty product chain retailers; non-chain retailers such as pharmacies and trading companies; retail stores; and e-commerce platform. The company was founded in 1999 and is headquartered in Kowloon, Hong Kong. Herbs Generation Group Holdings Limited operates as a subsidiary of Joy & Love Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Herbs Generation Grp Hldg Ltd reported revenue of HK$228M in FY2025 versus HK$189M in FY2021, a compound +4.8%/yr. Reported net income was −HK$23.0M in FY2025.

Growth Quality 12/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$228M
Latest YoY
−7.2%
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.
+3.1%
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.
15.0% (2021) → −12.9% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +4.8%/yr
FY21 HK$189M
FY22 HK$208M
FY23 HK$251M
FY24 HK$245M
FY25 HK$228M
Net income
FY21 HK$23.2M
FY22 HK$28.0M
FY23 HK$39.5M
FY24 HK$13.0M
FY25 −HK$23.0M

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Cite: Fair Value Calculator (2026). "Herbs Generation Grp Hldg Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2593.HK

Peer Group

Packaged Foods · 648 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 42 · Bottom 25%
Fair Value upside +12% · Above median
Return on assets −8% · Bottom 25%
Net margin (TTM) −10% · Bottom 25%
Operating margin (TTM) −18% · Bottom 25%
Revenue growth −13% · Bottom 25%
Dividend yield (TTM) 15.5% · Top 25%

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/B 0.11× · Cheaper than 75% of peers
P/S (TTM) 0.07× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE49 · sector 25
FUTURE0 · sector 21
PAST0 · sector 29
HEALTH0 · sector 96
DIVIDEND100 · sector 54

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 Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 78.62 CHF 57.26 −27%
Danone S.A BN €64.28 €48.41 −25%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 −83%
The Kraft Heinz Company KHC $24.85 $24.59 −1%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 −37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 −61%
General Mills, Inc GIS $38.29 $28.32 −26%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
Britannia Industries Limited BRITANNIA ₹5,511 ₹1,765 −68%

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Frequently asked questions

Is Herbs Generation Grp Hldg Ltd (2593) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of HK$1.06 versus a price of HK$0.9500, about +12% upside (undervalued).
What is the fair value of 2593?
Our model-based fair value for Herbs Generation Grp Hldg Ltd is HK$1.06 (as of Aug 27, 2026), built from audited fundamentals. The current price: HK$0.9500.
What is the quality score of 2593?
Herbs Generation Grp Hldg Ltd has a Quality Score of 42/100. 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 Herbs Generation Grp Hldg Ltd (2593)?
Our model-based price target is the fair value of HK$1.06 (as of Aug 27, 2026) from 3 valuation models. Cautious scenario HK$0.9900, optimistic scenario HK$1.15. It is a calculation from audited fundamentals, not an analyst target.
What is the Herbs Generation Grp Hldg Ltd stock forecast for 2026?
Our models put fair value at HK$1.06, about +12% upside versus a price of HK$0.9500 (undervalued). Cautious scenario HK$0.9900, optimistic scenario HK$1.15. The calculation is refreshed regularly with new filings.
What is the revenue of Herbs Generation Grp Hldg Ltd (2593)?
Herbs Generation Grp Hldg Ltd reported trailing-twelve-month revenue of about HK$228M (latest available figure, as of Aug 27, 2026).
What is the net profit margin of 2593?
The net profit margin of Herbs Generation Grp Hldg Ltd is about −10.1%, meaning it is currently running at a net loss. Based on the latest reported figures.
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