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3268 (3268) Fair Value & Analysis

Technology · Market cap HK$5.4B

3 3268 3268 · HK
PriceHK$17.88
Fair ValueHK$12.91
Upside-27.8%
Quality43/100
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Evidence: High Range HK$6.25 – HK$17.83

Fair value as of: Jul 2, 2026

From 17 valuation models · updated today

Share price −27.6% over the past month.

Price vs Fair Value (4 months)

HK$29.58 HK$16.89 Fair Value HK$12.91 Mar 2026 Jul 2026

4‑month range HK$16.89 – HK$29.58 · fair‑value band HK$6.25 – HK$17.83 · the HK$17.88 price screens above the HK$12.91 fair value. As of Jul 2, 2026.

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Analysis

3268 (3268) currently trades at HK$17.88, while our model-based Fair Value estimate is HK$12.91 — implying the stock looks roughly 27.8% overvalued today. We read business quality at 43/100 (below-average quality), in the Technology 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, 3268 generated revenue of HK$3.7B at a net margin of 3.9%. Revenue declined 7.0% year over year. It earns a return on equity of 6.6%. Net debt stands at HK$74.4M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$3.7B
Revenue growth (YoY) -7.0%
Net margin 3.9%
Return on equity 6.6%
Free cash flow −HK$13.6M FY2025
P/E ratio 28.4
More key figures
Operating margin 8.2%
EPS (TTM) HK$0.1743
Net debt HK$74.4M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

3268 reported revenue of HK$3.7B in FY2025 versus HK$2.0B in FY2021, a compound +17.5%/yr. Reported net income was HK$143M in FY2025, compounding +4.8%/yr from FY2021.

Revenue +17.5%/yr
FY21 HK$2.0B
FY22 HK$2.3B
FY23 HK$2.1B
FY24 HK$2.9B
FY25 HK$3.7B
Net income +4.8%/yr
FY21 HK$118M
FY22 HK$128M
FY23 HK$64.5M
FY24 HK$136M
FY25 HK$143M

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Similar stocks

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

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $121.53 $43.05 -65%
Foxconn Industrial Internet Co 601138 ¥78.88 ¥18.01 -77%
Zhongji Innolight Co 300308 ¥1,180 ¥219.53 -81%
Eoptolink Technology Inc 300502 ¥551.79 ¥216.60 -61%
Nokia Oyj NOKIA 291.00 CZK 68.23 CZK -77%
Motorola Solutions, Inc MSI $410.34 $175.94 -57%

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Frequently asked questions

Is 3268 (3268) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$12.91 versus a price of HK$17.88 — about −28% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 3268?
Our model-based fair value for 3268 is HK$12.91 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$17.88.
What is the quality score of 3268?
3268 has a Quality Score of 43/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 3268 (3268)?
3268 reported trailing-twelve-month revenue of about HK$3.7B (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 3268?
The net profit margin of 3268 is about 3.9%, meaning it keeps roughly 3.9% 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.