Wealthy Way Group Ltd (3848) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Wealthy Way Group Ltd HK$2.39, price HK$2.11, upside +13.3%, quality 63 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range HK$0.5283 – HK$13.09 · fair‑value band HK$2.13 – HK$2.39 · the HK$2.11 price screens below the HK$2.39 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Haosen Fintech Group Limited, an investment holding company, provides financial leasing, factoring, and financial advisory services in the People's Republic of China and Hong Kong. It operates through Micro Credit and Loan Facilitation Related Services; and Securities Dealing and Broking and Other Financial Services segments.
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Haosen Fintech Group Limited, an investment holding company, provides financial leasing, factoring, and financial advisory services in the People's Republic of China and Hong Kong. It operates through Micro Credit and Loan Facilitation Related Services; and Securities Dealing and Broking and Other Financial Services segments. The company also engages in sale and leaseback; and small loans and related loan facilitation, asset management, investment management and advisory, securities dealing and broking, and other financial services. In addition, it provides micro-credit to individuals, corporates and subordinated mortgage; post loan facilitation related services; share placing and margin financing; and marketing and money lending, and information technology services. The company was formerly known as Wealthy Way Group Limited and changed its name to Haosen Fintech Group Limited in August 2023. Haosen Fintech Group Limited was founded in 2012 and is headquartered in Wan Chai, Hong Kong.
Stock analysis
Wealthy Way Group Ltd (3848) currently trades at HK$2.11, while our model-based Fair Value estimate is HK$2.39, implying the stock looks roughly 11.7% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of HK$2.97 per share, and 6 of the 13 models we run sit above the HK$2.11 price.
Bear case: the Earnings-Based group reads lowest at HK$0.3200, and 7 of the 13 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$2.13 (bear) to HK$2.39 (bull), the price of HK$2.11 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 63/100 (solid quality), in the Financial Services sector.
Mixed Growth: Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
Wealthy Way Group Ltd reported revenue of 90.3M CNY in FY2025 versus 106M CNY in FY2021, a compound −4.0%/yr. Reported net income was 5.4M CNY in FY2025, compounding −35.1%/yr from FY2021.
Key figures
Market cap HK$1.8B (≈ $223M) · P/S ratio 49.5 · EPS (TTM) HK$0.0600 · Dividend yield 0.2% · Net margin 6.0% · Return on equity 0.3% · Return on assets (EBIT) 5.4% · Operating margin 22.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 82% below its 52-week high and 3% above its 52-week low.
For context, the median of 10 Financial Services peers we cover trades at 10% fair-value upside, at 13%, 3848 screens cheaper than that median.
Fair Value models
Bear HK$2.13Fair Value HK$2.39Bull HK$2.39
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$0.0250 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.55/100
Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
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.
+0.3%
Revenue growth 5 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.
−11.4%
Revenue growth 10 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.
+11.7%
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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.
−31.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−31.4%
Dividend (yield on the price)0.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−31.4% vs −15.4%, slowing
Profit margin 2019 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.67% → 20%
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
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).
−3.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in CNY, China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about −4.6% a year for the price.
Price, fair value, quality and upside side by side.
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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.Credit Services · 331 stocks
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). "Wealthy Way Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/3848
Frequently asked questions
Is Wealthy Way Group Ltd (3848) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of HK$2.39 versus a price of HK$2.11, about +13% upside (undervalued).
What is the fair value of 3848?
Our model-based fair value for Wealthy Way Group Ltd is HK$2.39 (as of Sep 27, 2026), built from audited fundamentals. The current price: HK$2.11.
What is the quality score of 3848?
Wealthy Way Group Ltd has a Quality Score of 63/100. 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 Wealthy Way Group Ltd (3848)?
Our model-based price target is the fair value of HK$2.39 (as of Sep 27, 2026) from 13 valuation models. Cautious scenario HK$2.13, optimistic scenario HK$2.39. It is a calculation from audited fundamentals, not an analyst target.
What is the Wealthy Way Group Ltd stock forecast for 2026?
Our models put fair value at HK$2.39, about +13% upside versus a price of HK$2.11 (undervalued). Cautious scenario HK$2.13, optimistic scenario HK$2.39. The calculation is refreshed regularly with new filings.
What is the revenue of Wealthy Way Group Ltd (3848)?
Wealthy Way Group Ltd reported trailing-twelve-month revenue of about 35.4M CNY (latest available figure, as of Sep 27, 2026).
Does Wealthy Way Group Ltd pay a dividend?
Wealthy Way Group Ltd currently shows a dividend yield of about 0.24% relative to its recent price (as of Sep 27, 2026).
What growth is priced into Wealthy Way Group Ltd (3848)?
For today's price to be fair in a discounted-cash-flow model, Wealthy Way Group Ltd would have to grow free cash flow by -3.0 % per year for five years (discount rate 13.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 6 years revenue grew -12.2 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of 3848 use?
Our models discount Wealthy Way 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 Wealthy Way Group Ltd that is -3.0 % 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 Wealthy Way Group Ltd (3848) delivered so far?
Over the past 6 years revenue at Wealthy Way Group Ltd grew -12.2 % a year. The price currently implies -3.0 % 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 Wealthy Way Group Ltd (3848) growing?
The median revenue growth in the sector is +9.3 % a year. That is the yardstick for the growth priced into Wealthy Way Group Ltd (-3.0 % 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 Wealthy Way Group Ltd (3848)?
The free-cash-flow yield on the price is 18.78 %: that much free cash flow Wealthy Way 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 Wealthy Way Group Ltd (3848)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Wealthy Way Group Ltd it is HK$2.39 per share (as of Sep 27, 2026), against a price of HK$2.11. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Wealthy Way Group Ltd stock overvalued or undervalued in 2026?
As of Sep 27, 2026, 3848 trades below its calculated fair value: price HK$2.11, fair value HK$2.39, a gap of about +13% (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 3848?
No. The price is what the market pays today (HK$2.11); the fair value is what the company's own numbers justify (HK$2.39). For Wealthy Way Group Ltd the two are HK$0.2800 per share apart. That gap is exactly why we show both numbers side by side.
How much is Wealthy Way Group Ltd worth?
The market values Wealthy Way Group Ltd at about HK$1.8B (market capitalisation, as of Sep 27, 2026). Per share that is HK$2.11; our models calculate a fair value of HK$2.39 per share.
What do the bullish and bearish scenarios say about 3848?
Our models span a range for Wealthy Way Group Ltd: cautious scenario HK$2.13, base HK$2.39, optimistic HK$2.39 per share (as of Sep 27, 2026, price HK$2.11). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Wealthy Way Group Ltd (3848)?
Balance-sheet figures for Wealthy Way Group Ltd (as of Sep 27, 2026): return on equity 0.3%. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is 3848 from its 52-week high?
Wealthy Way Group Ltd trades at HK$2.11, about 82% below its 52-week high of HK$11.59 and 3% above the low of HK$2.04 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of HK$2.39 is for.
Which stocks are comparable to Wealthy Way Group Ltd?
From the same area (Financial Services) we also value Visa Inc, Mastercard Incorporated, American Express Company, Capital One Financial Corporation, 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 Wealthy Way Group Ltd stock attractive at the current price?
The data as of Sep 27, 2026: price HK$2.11, calculated fair value HK$2.39 (+13%), Quality Score 63/100, from 13 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 3848 calculated?
We run Wealthy Way Group Ltd through 13 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$2.39, 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 14.5 % above its aggregate fair value. Wealthy Way Group Ltd currently trades 12 % 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 Wealthy Way Group Ltd (3848)?
The closing price on Oct 2, 2026 was HK$2.11. Our model-based fair value is HK$2.39, about +13% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Wealthy Way Group Ltd right now?
The models converge in a tight band (HK$2.13 to HK$2.39), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Wealthy Way Group Ltd (3848) come from?
Earnings per share at Wealthy Way Group Ltd grew −9.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +4.2 %, EBIT margin −11.2 %, tax rate −1.7 %, residual (interest, one-offs) −0.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Wealthy Way Group Ltd
How large is the market capitalisation of Wealthy Way Group Ltd (3848)?
The market capitalisation of Wealthy Way Group Ltd is HK$1.8B (≈ $223M). 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 Wealthy Way Group Ltd (3848)?
The price-to-sales ratio of Wealthy Way Group Ltd is 49.5 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Wealthy Way Group Ltd (3848)?
Earnings per share at Wealthy Way Group Ltd are HK$0.0600. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Wealthy Way Group Ltd (3848)?
The dividend yield of Wealthy Way Group Ltd is 0.2% (payout 8.4%). 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 Wealthy Way Group Ltd (3848)?
The net margin of Wealthy Way Group Ltd is 6.0% (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 Wealthy Way Group Ltd (3848)?
The return on equity (ROE) of Wealthy Way Group Ltd is 0.3% (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 Wealthy Way Group Ltd (3848)?
On an EBIT basis the return on assets of Wealthy Way Group Ltd is 5.4% (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 Wealthy Way Group Ltd (3848)?
The operating margin of Wealthy Way Group Ltd is 22.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Wealthy Way Group Ltd (3848)?
Revenue at Wealthy Way Group Ltd is growing +0.1% versus a year earlier (3y avg +6.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Wealthy Way Group Ltd (3848)?
Earnings per share at Wealthy Way Group Ltd are growing +26.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Wealthy Way Group Ltd (3848) carry?
The net debt of Wealthy Way Group Ltd is 100M CNY (fiscal year 2025, ≈ 1.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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