BOCOM International Holdings Co Ltd (3329) Fair Value & Analysis

Financial Services · HK · Market cap HK$1.7B

Below-average quality, and screening another 41% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (HK$0.4000). The favourable scenario is already priced in.
• Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
• The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
• For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.2130 – HK$1.96 · fair‑value band HK$0.2600 – HK$0.4000 · the HK$0.5400 price screens above the HK$0.3200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

BOCOM International Holdings Co Ltd (3329) currently trades at HK$0.5400, while our model-based Fair Value estimate is HK$0.3200, implying the stock looks roughly 40.7% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Financial Services 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: low).

Over the trailing twelve months, BOCOM International Holdings Co Ltd generated revenue of HK$530M at a net margin of -50.1%. Revenue declined 83.7% year over year. It earns a return on equity of -29.2%. Net debt stands at HK$10.6B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.2600 (bear case) to HK$0.4000 (bull case); at HK$0.5400, the current price sits above 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 50% below its 52-week high and 69% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -27% fair-value upside, at -41%, 3329 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

Widest divergence: Multiples (HK$0.5900) versus Asset-Based (HK$0.2300). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Quality Score breakdown

About the company

BOCOM International Holdings Company Limited, an investment holding company, provides securities brokerage, margin financing, corporate finance and underwriting, investment and loans, asset management, and advisory businesses in Hong Kong and the Mainland China.

Full company description

BOCOM International Holdings Company Limited, an investment holding company, provides securities brokerage, margin financing, corporate finance and underwriting, investment and loans, asset management, and advisory businesses in Hong Kong and the Mainland China. The company operates through Brokerage, Corporate Finance and Underwriting, Asset Management and Advisory, Margin Financing, Investment and Loans, and Others segments. The Brokerage segment provides trading and brokerage services for stocks, bonds, futures, options, and other marketable securities. The Corporate Finance and Underwriting segment offers corporate finance services, including equity and debt underwriting, sponsor, and financial advisory services to institutional clients. The Asset Management and Advisory segment provides traditional asset management products and services to third party clients; and investment advisory, portfolio management, and transaction execution services. The Margin Financing segment offers securities-backed financial for retail and institutional clients. The Investment and Loans segment engages in the direct investment business, including investment in various debt and equity securities, companies, and loans. The Other segment is involved in the financial technology business. The company was formerly known as BOCOM Securities Company Limited and changed its name to BOCOM International Holdings Company Limited in May 2007. The company was incorporated in 1998 and is headquartered in Central, Hong Kong. BOCOM International Holdings Company Limited operates as a subsidiary of Bank of Communications Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BOCOM International Holdings Co Ltd reported revenue of HK$1.0B in FY2025 versus HK$1.7B in FY2021, a compound −11.6%/yr. Reported net income was −HK$266M in FY2025.

3329 screens 41% overvalued. Compare with ORIX Corporation →

Peer Group

Financial Conglomerates · 55 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.

Valuation Multiples vs Financial Conglomerates median · lower = cheaper

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Financial Conglomerates stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Explore undervalued stocks

More undervalued Financial Services stocks →

Frequently asked questions

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.