EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

MEIG (3268) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of MEIG HK$8.13, price HK$18.74, upside -56.6%, quality 48 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Technology · HK

M Broad data Sep 24, 2026

MEIG

3268 · HK

Weakest SetupStrongly overvalued and low quality.

!Fair value HK$8.13 · Strongly overvalued (−57%)
!Quality 48/100
!Expensive Growth (revenue 3y +17.6 %/yr)
!Thin margins · 3.9% net margin (TTM)
!Low debt · negative free cash flow
!Mixed vs. peers (7/13)
!Narrow moat 31/100
!Weak on past: 26 out of 100
!Weak on dividend: 16 out of 100
Watch MEIG 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 free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

HK$29.39 HK$16.03 Fair Value HK$8.13 Mar 2026 Sep 2026

White line = price, green steps = our fair value per fiscal year. As of Sep 24, 2026.

How to read this chart

7‑month range HK$16.03 – HK$29.39 · fair‑value band HK$6.08 – HK$15.10 · the HK$18.74 price screens above the HK$8.13 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 24, 2026.

Follow MEIG in your weekly email

Every Wednesday you see whether MEIG 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.

Which stocks are undervalued right now? Check free Discover now →

Company profile

MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally.

Show more

MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. Its products include 5G smart, 5G and 4G LTE, AI computing, automotive, smart, LPWA, and GNSS modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, blind spot monitoring driving, logistics, and alarm and gas alarm solutions in energy sectors. MeiG Smart Technology Co., Ltd. was formerly known as Shenzhen MeiG Smart Technology Co., Ltd and changed its name to MeiG Smart Technology Co., Ltd. in December 2017. The company was incorporated in 2007 and is headquartered in Shenzhen, China.

Stock analysis

MEIG (3268) currently trades at HK$18.74, while our model-based Fair Value estimate is HK$8.13, implying the stock looks roughly 130.5% overvalued today.

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of HK$19.07 per share, and 2 of the 17 models we run sit above the HK$18.74 price.

Bear case: the Dividend Discount group reads lowest at HK$2.06, and 15 of the 17 models stay below the price. Evidence for this calculation is high.

Scenario range: HK$6.08 (bear) to HK$15.10 (bull), the price of HK$18.74 sits above 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 48/100 (below-average quality), in the Technology sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

MEIG reported revenue of 3.7B CNY in FY2025 versus 2.0B CNY in FY2021, a compound +17.5%/yr. Reported net income was 143M CNY in FY2025, compounding +4.8%/yr from FY2021.

Key figures

Market cap HK$5.4B (≈ $689M) · P/E ratio 28.4 · P/S ratio 1.08 · EPS (TTM) HK$0.1743 · Dividend yield 0.8% · Net margin 3.8% · Return on equity 6.6% · Return on assets (EBIT) 6.8%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).

What moves the price

For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at −57%, 3268 screens cheaper than that median.

Fair Value models

Bear HK$6.08 Fair Value HK$8.13 Bull HK$15.10
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$0.1280 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. 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.
Highest evidence
Residual Income HK$5.14 HK$5.42 HK$5.80 73
EPV HK$5.21 HK$5.79 HK$6.28 71
Owner Earnings HK$8.42 HK$16.43 HK$31.28 69
All 17 models by family
DCF Models
Owner Earnings HK$8.42 HK$16.43 HK$31.28 69
Earnings-Based
Graham-Dodd HK$3.71 HK$25.86 HK$36.29 60
Lynch FV HK$9.04 HK$12.91 HK$16.78 58
PEG = 1.0 HK$9.04 HK$12.91 HK$16.78 55
EPV HK$5.21 HK$5.79 HK$6.28 71
Dividend Discount
Gordon GGM HK$1.25 HK$2.26 HK$3.11 65
DDM Multi-Stage HK$1.25 HK$2.06 HK$2.41 64
Multiples
P/E Multiple HK$11.45 HK$15.27 HK$19.08 63
P/S Multiple HK$6.95 HK$9.27 HK$11.59 58
P/B Multiple HK$6.95 HK$9.27 HK$11.59 55
EV/EBIT HK$13.07 HK$17.11 HK$21.15 66
EV/EBITDA HK$12.68 HK$16.59 HK$20.49 67
EV/Revenue HK$7.08 HK$9.71 HK$12.33 54
Asset-Based
NCAV (Graham) HK$3.25 HK$4.36 HK$6.50 54
Economic Profit
Residual Income HK$5.14 HK$5.42 HK$5.80 73
ROIC Compounder HK$5.21 HK$5.79 HK$6.28 69
Growth Earnings
Growth-Adj P/E HK$13.35 HK$19.07 HK$24.79 65

Open the full fair value analysis →

Notify me when 3268 reaches fair value

Put 3268 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 48/100

Of which business quality 50 · Market factors (momentum, volatility) 32

Profitability 47
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 34
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 66
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

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. 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+27.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+17.6%
What shareholders gained per year (last 5 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 5 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.
+2.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.1%
Dividend (yield on the price)0.8%
Profit margin 2021 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.7% → 5%

3268 screens 131% overvalued. Compare with Cisco Systems, Inc →

Compare MEIG with another stock

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.Communication Equipment · 316 stocks

Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 48 · Below median
Fair Value upside −58% · Below median
Profitability
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 8% · Above median
Growth and dividend
Revenue growth −7% · Below median
Dividend yield (TTM) 0.8% · Below median
Balance sheet
Debt / equity 0.04× · Below median

Valuation Multiplesvs Communication Equipment median · lower = cheaper

P/E (TTM) 28.4× · Cheaper than median
P/B 2.57× · Pricier than median
P/S (TTM) 1.19× · Cheaper than median
EV/EBITDA 22.6× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)0 · sector 37
PAST (return on equity)26 · sector 15
HEALTH (low debt)98 · sector 98
DIVIDEND (yield)16 · sector 23

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

Context: sector, industry, market

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 Communication Equipment stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $106.44 $117.08 +10%
Zhongji Innolight Co 300308 ¥927.72 ¥349.40 −62%
Foxconn Industrial Internet Co 601138 ¥62.98 ¥14.18 −77%
Eoptolink Technology Inc 300502 ¥455.00 ¥329.86 −28%
Nokia Oyj NOK $10.82 $3.74 −65%
Motorola Solutions, Inc MSI $456.70 $248.10 −46%
Ciena Corporation CIEN $368.56 $48.80 −87%
Suzhou TFC Optical Communication Co 300394 ¥275.84 ¥87.34 −68%
Yangtze Optical Fibre And Cable Joint Stock Limited 6869 HK$190.50 HK$32.70 −83%
Accton Technology Corporation 2345 1,895 TWD 2,085 TWD +10%

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

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.

MEIG · Fair Value
HK$8.13 −131%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "MEIG Fair Value". https://www.fairvalue-calculator.com/stock/3268

Frequently asked questions

Is MEIG (3268) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of HK$8.13 versus a price of HK$18.74, about −57% upside (overvalued).
What is the fair value of 3268?
Our model-based fair value for MEIG is HK$8.13 (as of Sep 24, 2026), built from audited fundamentals. The current price: HK$18.74.
What is the quality score of 3268?
MEIG has a Quality Score of 48/100. 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 MEIG (3268)?
Our model-based price target is the fair value of HK$8.13 (as of Sep 24, 2026) from 17 valuation models. Cautious scenario HK$6.08, optimistic scenario HK$15.10. It is a calculation from audited fundamentals, not an analyst target.
What is the MEIG stock forecast for 2026?
Our models put fair value at HK$8.13, about −57% upside versus a price of HK$18.74 (overvalued). Cautious scenario HK$6.08, optimistic scenario HK$15.10. The calculation is refreshed regularly with new filings.
What is the revenue of MEIG (3268)?
MEIG reported trailing-twelve-month revenue of about 3.7B CNY (latest available figure, as of Sep 24, 2026).
Does MEIG pay a dividend?
MEIG currently shows a dividend yield of about 0.78% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of MEIG (3268)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MEIG it is HK$8.13 per share (as of Sep 24, 2026), against a price of HK$18.74. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is MEIG stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 3268 trades above its calculated fair value: price HK$18.74, fair value HK$8.13, a gap of about −57% (overvalued). 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 3268?
No. The price is what the market pays today (HK$18.74); the fair value is what the company's own numbers justify (HK$8.13). For MEIG the two are HK$10.61 per share apart. That gap is exactly why we show both numbers side by side.
How much is MEIG worth?
The market values MEIG at about HK$5.4B (market capitalisation, as of Sep 24, 2026). Per share that is HK$18.74; our models calculate a fair value of HK$8.13 per share.
What do the bullish and bearish scenarios say about 3268?
Our models span a range for MEIG: cautious scenario HK$6.08, base HK$8.13, optimistic HK$15.10 per share (as of Sep 24, 2026, price HK$18.74). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 3268?
MEIG trades at a price-to-earnings ratio of 28.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$8.13 is built from several models across several years. Other multiples: P/B 2.6, P/S 1.2, EV/EBITDA 22.6.
How solid is the balance sheet of MEIG (3268)?
Balance-sheet figures for MEIG (as of Sep 24, 2026): return on equity 6.6%, debt of 0.04 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
Which stocks are comparable to MEIG?
From the same area (Technology) we also value Cisco Systems, Inc, Zhongji Innolight Co, Foxconn Industrial Internet Co, Eoptolink Technology Inc, 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 MEIG stock attractive at the current price?
The data as of Sep 24, 2026: price HK$18.74, calculated fair value HK$8.13 (−57%), Quality Score 48/100, from 17 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 3268 calculated?
We run MEIG through 17 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$8.13, 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 13.2 % above its aggregate fair value. MEIG itself currently trades above fair value. 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 MEIG (3268)?
The closing price on Sep 24, 2026 was HK$18.74. Our model-based fair value is HK$8.13, about −57% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MEIG right now?
The price sits above even our optimistic bull case (HK$15.10). The favourable scenario is already priced in. Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (HK$6.08 to HK$15.10) leaves room in how you read the outcome.

Key figures of MEIG

How large is the market capitalisation of MEIG (3268)?
The market capitalisation of MEIG is HK$5.4B (≈ $689M). 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 MEIG (3268)?
The price-to-sales ratio of MEIG is 1.08 (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 MEIG (3268)?
Earnings per share at MEIG are HK$0.1743 (price ÷ EPS = P/E 28.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of MEIG (3268)?
The dividend yield of MEIG is 0.8% (payout 84.1%). 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 MEIG (3268)?
The net margin of MEIG is 3.8% (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 MEIG (3268)?
The return on equity (ROE) of MEIG is 6.6% (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 MEIG (3268)?
On an EBIT basis the return on assets of MEIG is 6.8% (avg 5y). 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 MEIG (3268)?
The operating margin of MEIG is 8.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MEIG (3268)?
Revenue at MEIG is growing −7.0% versus a year earlier (3y avg +17.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does MEIG (3268) generate?
The free cash flow of MEIG is −13.6M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does MEIG (3268) carry?
The net debt of MEIG is 74.4M CNY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch MEIG in the live analysis

One click puts MEIG 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.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.