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Kiddieland International Ltd (3830) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$190M

KI Kiddieland International Ltd 3830 · HK
PriceHK$0.2020
Fair ValueHK$0.0600
Upside-70.3%
Quality53/100
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Weak Growth
Loss-making · -4.6% net margin
Low debt · generates free cash flow
Trails peers (3/12)
Narrow moat 15/100
Evidence: Medium Range HK$0.0500 – HK$0.0800 Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated 3 days ago

Share price +1.0% over the past month.

A solid business, but screening 70% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (HK$0.0800). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

HK$0.2240 HK$0.0220 Fair Value HK$0.0600 Mar 2021 Aug 2026

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$0.0220 – HK$0.2240 · fair‑value band HK$0.0500 – HK$0.0800 · the HK$0.2020 price screens above the HK$0.0600 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Kiddieland International Ltd (3830) currently trades at HK$0.2020, while our model-based Fair Value estimate is HK$0.0600, implying the stock looks roughly 70.3% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, Kiddieland International Ltd generated revenue of HK$189M at a net margin of -4.6%. Revenue declined 5.5% year over year. It earns a return on equity of -34.9%. The balance sheet holds a net cash position of HK$6.9M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0500 (bear case) to HK$0.0800 (bull case); at HK$0.2020, 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 12% below its 52-week high and 274% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 11% fair-value upside, at -70%, 3830 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.

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
Growth DCF HK$0.0100 HK$0.0200 HK$0.0200 80
EV/EBITDA HK$0.0500 HK$0.0600 HK$0.0800 54
NCAV (Graham) HK$0.0100 HK$0.0100 HK$0.0200 50
All 9 models by family
DCF Models
FCF DCF HK$0.0100 HK$0.0200 HK$0.0200 38
5Y Revenue Exit HK$0.0200 HK$0.0200 HK$0.0200 39
5Y EBITDA Exit HK$0.0300 HK$0.0400 HK$0.0600 41
10Y Revenue Exit HK$0.0100 HK$0.0200 HK$0.0200 36
10Y EBITDA Exit HK$0.0200 HK$0.0300 HK$0.0400 37
Multiples
EV/EBITDA HK$0.0500 HK$0.0600 HK$0.0800 54
EV/Revenue HK$0.0200 HK$0.0200 HK$0.0300 43
Asset-Based
NCAV (Graham) HK$0.0100 HK$0.0100 HK$0.0200 50
Growth DCF
Growth DCF HK$0.0100 HK$0.0200 HK$0.0200 80

Widest divergence: DCF Models (HK$0.0200) versus Asset-Based (HK$0.0100). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$189M
Revenue growth (YoY) -5.5%
Net margin -4.6%
Return on equity -34.9%
Free cash flow HK$1.1M FY2025
Operating margin 3.7%
More key figures
EPS growth (YoY) -30.6%
Net cash HK$6.9M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 53 · Market factors (momentum, volatility) 69

Profitability 40
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 92
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.

About the company

Kiddieland International Limited, an investment holding company, manufactures and distributes plastic toy products and laboratory equipment in the United States, Europe, the Asia Pacific and Oceania, and the People's Republic of China. It operates through two segments, Toy Business and Laboratory Equipment Business.

Full company description

Kiddieland International Limited, an investment holding company, manufactures and distributes plastic toy products and laboratory equipment in the United States, Europe, the Asia Pacific and Oceania, and the People's Republic of China. It operates through two segments, Toy Business and Laboratory Equipment Business. The Toy Business segment operates through outdoor-and-sports, and infant-and-preschool toy categories, which manufactures and distributes ride-ons, interactive playsets, activity toys, musical toys, and action vehicles. The Laboratory Equipment Business segment is involved in the manufacture and distribution of laboratory equipment for primary and secondary schools. The company provides design services for various graphic design requirements in production of toys; and management services, as well as creates toys under the Kiddieland brand name. It also offers merchandises production materials for toys; research and test development of laboratory equipment and score evaluation system; and imports and distributes toy products. The company was founded in 1998 and is headquartered in Central, Hong Kong. Kiddieland International Limited is a subsidiary of KLH Capital Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kiddieland International Ltd reported revenue of HK$197M in FY2025 versus HK$302M in FY2021, a compound −10.1%/yr. Reported net income was −HK$7.0M in FY2025.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$197M
Latest YoY
−8.5%
Avg. 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.
−6.9%
Avg. growth/yr (5Y) 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.
−6.6%
Avg. growth/yr (10Y) 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.
−9.3%
Revenue −10.1%/yr
FY21 HK$302M
FY22 HK$244M
FY23 HK$176M
FY24 HK$215M
FY25 HK$197M
Net income
FY21 HK$6.6M
FY22 −HK$65.5M
FY23 −HK$50.5M
FY24 −HK$7.3M
FY25 −HK$7.0M

3830 screens 70% overvalued. Compare with ANTA Sports Products Limited →

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Cite: Fair Value Calculator (2026). "Kiddieland International Ltd Fair Value". https://www.fairvalue-calculator.com/stock/3830

Peer Group

Leisure · 190 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 53 · Below median
Fair Value upside −70% · Bottom 25%
Return on assets -7% · Bottom 25%
Net margin (TTM) -5% · Bottom 25%
Operating margin (TTM) 4% · Below median
Revenue growth -6% · Below median

Valuation Multiples vs Leisure median · lower = cheaper

P/B 1.32× · Cheaper than median
P/S (TTM) 0.13× · Cheaper than 75% of peers
P/FCF 22.5× · Pricier than 75% of peers
EV/EBITDA 23.7× · Pricier than 75% of peers

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.

VALUE 0 · sector 18
FUTURE 0 · sector 17
PAST 0 · sector 19
HEALTH 100 · sector 95
DIVIDEND 0 · sector 54

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

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

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

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

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Frequently asked questions

Is Kiddieland International Ltd (3830) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0600 versus a price of HK$0.2020, about −70% (overvalued).
What is the fair value of 3830?
Our model-based fair value for Kiddieland International Ltd is HK$0.0600 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.2020.
What is the quality score of 3830?
Kiddieland International Ltd has a Quality Score of 53/100. 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 revenue of Kiddieland International Ltd (3830)?
Kiddieland International Ltd reported trailing-twelve-month revenue of about HK$189M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 3830?
The net profit margin of Kiddieland International Ltd is about -4.6%, meaning it is currently running at a net loss. 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.

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