Shouhui Group Ltd (2621) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Shouhui Group Ltd HK$5.74, price HK$2.78, upside +106.9%, quality 62 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Shouhui Group Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
16‑month range HK$2.69 – HK$6.33 · fair‑value band HK$4.30 – HK$7.18 · the HK$2.78 price screens below the HK$5.74 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
Follow Shouhui Group in your weekly email
Every Wednesday you see whether Shouhui Group is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Shouhui Group Limited provides life and health insurance intermediary services in China. It operates through Insurance Transaction Services and Insurance Technology Services segments. The company offers insurance service solutions to policyholders and the insured online through life and health insurance transactions and service platforms.
Show more
Shouhui Group Limited provides life and health insurance intermediary services in China. It operates through Insurance Transaction Services and Insurance Technology Services segments. The company offers insurance service solutions to policyholders and the insured online through life and health insurance transactions and service platforms. It also provides IT and software, consulting, insurance brokerage and agency services, claim adjustment, and inspection, valuation, and risk assessment of insurance. Shouhui Group Limited was founded in 2015 and is headquartered in Tianjin, China.
Stock analysis
Shouhui Group Ltd (2621) currently trades at HK$2.78, while our model-based Fair Value estimate is HK$5.74, implying the stock looks roughly 51.7% undervalued today.
Show more
Valuation
Bull case: the Economic Profit group reads highest at a median of HK$23.95 per share, and 4 of the 4 models we run sit above the HK$2.78 price.
Bear case: the Asset-Based group reads lowest at HK$4.54, and 0 of the 4 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$4.30 (bear) to HK$7.18 (bull), the price of HK$2.78 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Shouhui Group Ltd reported revenue of 1.5B CNY in FY2025 versus 806M CNY in FY2022, a compound +22.1%/yr. Reported net income was 793M CNY in FY2025, compounding +82.3%/yr from FY2022.
Key figures
Market cap HK$756M (≈ $96.3M) · P/E ratio 2.9 · P/S ratio 1.57 · EPS (TTM) HK$0.2200 · Dividend yield 4.5% · Net margin 54.0% · Return on equity 278% · Return on assets (EBIT) 12.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −54% fair-value upside, at 107%, 2621 screens cheaper than that median.
Fair Value models
Bear HK$4.30Fair Value HK$5.74Bull HK$7.18
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (HK$0.0706 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.61/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+86.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+82.4%
Dividend (yield on the price)4.5%
Profit margin 2022 to 2025 ⓘ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.11% → 14%
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Insurance Brokers · 36 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score63 · Above median
Fair Value upside+106.8% · Top 25%
Profitability
Return on equity (TTM)278.0% · Top 25%
Return on assets6.2% · Above median
Net margin (TTM)54.0% · Top 25%
Operating margin (TTM)16.6% · Below median
Growth and dividend
Revenue growth33.8% · Top 25%
Dividend yield (TTM)4.5% · Below median
Valuation Multiplesvs Insurance Brokers median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Shouhui Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2621
Frequently asked questions
Is Shouhui Group Ltd (2621) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of HK$5.74 versus a price of HK$2.78, about +107% upside (undervalued).
What is the fair value of 2621?
Our model-based fair value for Shouhui Group Ltd is HK$5.74 (as of Sep 29, 2026), built from audited fundamentals. The current price: HK$2.78.
What is the quality score of 2621?
Shouhui Group Ltd has a Quality Score of 62/100. 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 Shouhui Group Ltd (2621)?
Our model-based price target is the fair value of HK$5.74 (as of Sep 29, 2026) from 4 valuation models. Cautious scenario HK$4.30, optimistic scenario HK$7.18. It is a calculation from audited fundamentals, not an analyst target.
What is the Shouhui Group Ltd stock forecast for 2026?
Our models put fair value at HK$5.74, about +107% upside versus a price of HK$2.78 (undervalued). Cautious scenario HK$4.30, optimistic scenario HK$7.18. The calculation is refreshed regularly with new filings.
What is the revenue of Shouhui Group Ltd (2621)?
Shouhui Group Ltd reported trailing-twelve-month revenue of about 1.5B CNY (latest available figure, as of Sep 29, 2026).
Does Shouhui Group Ltd pay a dividend?
Shouhui Group Ltd currently shows a dividend yield of about 4.54% relative to its recent price (as of Sep 29, 2026).
What growth is priced into Shouhui Group Ltd (2621)?
For today's price to be fair in a discounted-cash-flow model, Shouhui Group Ltd would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 13.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 3 years revenue grew +22.1 % per year. As of Sep 29, 2026.
What discount rate (WACC) does the fair value of 2621 use?
Our models discount Shouhui Group Ltd at 13.3 %: a base by market capitalisation (micro), country premium for Hong Kong. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Shouhui Group Ltd that is less than minus 40 % per year a year over ten years, using the same discount rate (13.3 %) and the same formula as our fair value.
How much growth has Shouhui Group Ltd (2621) delivered so far?
Over the past 3 years revenue at Shouhui Group Ltd grew +22.1 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Shouhui Group Ltd (2621) growing?
The median revenue growth in the sector is +3.3 % a year. That is the yardstick for the growth priced into Shouhui Group Ltd (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Shouhui Group Ltd (2621)?
The free-cash-flow yield on the price is 15.36 %: that much free cash flow Shouhui Group Ltd produces per unit of market value. When it exceeds the discount rate of our models (13.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Shouhui Group Ltd (2621)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shouhui Group Ltd it is HK$5.74 per share (as of Sep 29, 2026), against a price of HK$2.78. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Shouhui Group Ltd stock overvalued or undervalued in 2026?
As of Sep 29, 2026, 2621 trades below its calculated fair value: price HK$2.78, fair value HK$5.74, a gap of about +107% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 2621?
No. The price is what the market pays today (HK$2.78); the fair value is what the company's own numbers justify (HK$5.74). For Shouhui Group Ltd the two are HK$2.97 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shouhui Group Ltd worth?
The market values Shouhui Group Ltd at about HK$756M (market capitalisation, as of Sep 29, 2026). Per share that is HK$2.78; our models calculate a fair value of HK$5.74 per share.
What do the bullish and bearish scenarios say about 2621?
Our models span a range for Shouhui Group Ltd: cautious scenario HK$4.30, base HK$5.74, optimistic HK$7.18 per share (as of Sep 29, 2026, price HK$2.78). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2621?
Shouhui Group Ltd trades at a price-to-earnings ratio of 2.9 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$5.74 is built from several models across several years. Other multiples: P/B 0.5, P/S 0.4, EV/EBITDA 2.1.
How solid is the balance sheet of Shouhui Group Ltd (2621)?
Balance-sheet figures for Shouhui Group Ltd (as of Sep 29, 2026): return on equity 278.0%. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 2621 from its 52-week high?
Shouhui Group Ltd trades at HK$2.78, about 33% below its 52-week high of HK$4.15 and 3% above the low of HK$2.69 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of HK$5.74 is for.
Which stocks are comparable to Shouhui Group Ltd?
From the same area (Financial Services) we also value Marsh & McLennan Companies, Inc, Arthur J. Gallagher & Co, Aon plc, Willis Towers Watson Public Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Shouhui Group Ltd stock attractive at the current price?
The data as of Sep 29, 2026: price HK$2.78, calculated fair value HK$5.74 (+107%), Quality Score 62/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 2621 calculated?
We run Shouhui Group Ltd through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of HK$5.74, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. Shouhui Group Ltd currently trades 52 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Shouhui Group Ltd (2621)?
The closing price on Sep 30, 2026 was HK$2.78. Our model-based fair value is HK$5.74, about +107% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shouhui Group Ltd right now?
The price is below even our cautious bear case (HK$4.30). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Shouhui Group Ltd
How large is the market capitalisation of Shouhui Group Ltd (2621)?
The market capitalisation of Shouhui Group Ltd is HK$756M (≈ $96.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Shouhui Group Ltd (2621)?
The price-to-sales ratio of Shouhui Group Ltd is 1.57 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Shouhui Group Ltd (2621)?
Earnings per share at Shouhui Group Ltd are HK$0.2200 (price ÷ EPS = P/E 2.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shouhui Group Ltd (2621)?
The dividend yield of Shouhui Group Ltd is 4.5% (payout 57.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Shouhui Group Ltd (2621)?
The net margin of Shouhui Group Ltd is 54.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Shouhui Group Ltd (2621)?
The return on equity (ROE) of Shouhui Group Ltd is 278% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Shouhui Group Ltd (2621)?
On an EBIT basis the return on assets of Shouhui Group Ltd is 12.1% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Shouhui Group Ltd (2621)?
The operating margin of Shouhui Group Ltd is 16.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shouhui Group Ltd (2621)?
Revenue at Shouhui Group Ltd is growing +33.8% versus a year earlier (3y avg +22.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
Free · no account needed
Watch Shouhui Group Ltd in the live analysis
One click puts Shouhui Group Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
