Telecom Service One Holdings Ltd (3997) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Telecom Service One Holdings Ltd stock HK$0.56, price HK$1.09, that is 48.4% below the price, quality 75 out of 100. Rating: strongly overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range HK$0.3286 – HK$7.49 · fair‑value band HK$0.4300 – HK$0.6900 · the HK$1.09 price screens above the HK$0.5600 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Telecom Service One Holdings Limited, an investment holding company, provides repair and refurbishment services for mobile phones and other personal electronic products in Hong Kong.
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It also markets related accessories for corporate customers, telecommunication service providers, and service companies. In addition, the company engages in property investment. The company was founded in 1987 and is headquartered in Kowloon Bay, Hong Kong.
Telecom Service One Holdings Limited is a subsidiary of East-Asia Pacific Limited.
Stock analysis
Telecom Service One Holdings Ltd (3997) currently trades at HK$1.09, while our model-based Fair Value estimate is HK$0.5600, 48% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of HK$0.7300 per share, and 0 of the 13 models we run sit above the HK$1.09 price.
Bear case: the Asset-Based group reads lowest at HK$0.0900, and 13 of the 13 models stay below the price. Data coverage for this calculation is low.
Scenario range: HK$0.4300 (bear) to HK$0.6900 (bull), the price of HK$1.09 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 75/100 (high quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Telecom Service One Holdings Ltd reported revenue of HK$49.8M in FY2026 versus HK$34.8M in FY2022, a compound +9.4%/yr. Reported net income was −HK$5.6M in FY2026.
Key figures
Market cap HK$139M (≈ $17.8M) Micro · P/S ratio 2.99 · EPS (TTM) HK$−0.0300 · Dividend yield 1.7% · Net margin −11.2% · Return on equity −11.1% · Return on assets (EBIT) −5.9% (5-year average) · Operating margin 18.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).
What moves the price
The share trades about 78% below its 52-week high and 55% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at −48%, 3997 screens richer than that median.
Fair Value models
BearHK$0.4300Fair Value HK$0.5600BullHK$0.6900
Price HK$1.09 · Downside -48.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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.Coverage ⓘCoverage = 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.47/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+12.6%
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.
−1.0%
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.
+5.4%
Start year 2021 (pandemic). Over 10 years: −8.6% a year
Revenue growth 15 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.
+1.8%
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Profit margin (trend) ⓘ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.
1.3% (2021) → 7.5% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Price in line with expectations
The price assumes about as much growth as 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).
+6.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Hong Kong: IMF forecast 2.1% a year to 2030, 1.8% from 2016 to 2025) that is about +3.9% a year for the price.
Compare Telecom Service One Holdings Ltd with another stock
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.Personal Services · 38 stocks
Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score75 · Top 25%
Fair Value upside−48.4% · Bottom 25%
Profitability
Return on assets−10.1% · Bottom 25%
Net margin (12 months)−11.3% · Bottom 25%
Operating margin (12 months)18.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)49.8% · Top 25%
Dividend yield (12 months)1.7% · Below median
Valuation Multiplesvs Personal Services median · lower = cheaper
P/B3.01× · Priciest 25%
P/S (12 months)2.80× · Priciest 25%
Price / free cash flow (fiscal year)16.5× · Pricier than median
EV/EBITDA78.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 55
FUTURE (revenue growth)100· sector 27
PAST (return on equity)0· sector 36
HEALTH (low debt)0· sector 91
DIVIDEND (yield)34· sector 64
VALUE 0: the price sits above our fair-value range.
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). "Telecom Service One Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/3997
Frequently asked questions
Is Telecom Service One Holdings Ltd (3997) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of HK$0.5600 versus a price of HK$1.09, about 48% lower (overvalued).
What is the fair value of 3997?
Our model-based fair value for Telecom Service One Holdings Ltd is HK$0.5600 (as of Nov 4, 2026), built from audited fundamentals. The current price: HK$1.09.
What is the quality score of 3997?
Telecom Service One Holdings Ltd has a Quality Score of 75/100. 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 Telecom Service One Holdings Ltd (3997)?
Our model-based price target is the fair value of HK$0.5600 (as of Nov 4, 2026) from 13 valuation models. Cautious scenario HK$0.4300, optimistic scenario HK$0.6900. It is a calculation from audited fundamentals, not an analyst target.
What is the Telecom Service One Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.5600, about 48% lower versus a price of HK$1.09 (overvalued). Cautious scenario HK$0.4300, optimistic scenario HK$0.6900. The calculation is refreshed regularly with new filings.
What is the revenue of Telecom Service One Holdings Ltd (3997)?
Telecom Service One Holdings Ltd reported trailing-twelve-month revenue of about HK$49.8M (latest available figure, as of Nov 4, 2026).
Does Telecom Service One Holdings Ltd pay a dividend?
Telecom Service One Holdings Ltd currently shows a dividend yield of 1.72% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Telecom Service One Holdings Ltd (3997)?
Telecom Service One Holdings Ltd has a dividend yield of 1.7%.
What growth is priced into Telecom Service One Holdings Ltd (3997)?
For today's price to be fair in a discounted-cash-flow model, Telecom Service One Holdings Ltd would have to grow free cash flow by +6.1 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.4 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 3997 use?
Our models discount Telecom Service One Holdings Ltd at 10.3 %: a base by market capitalisation (nano), 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 Telecom Service One Holdings Ltd that is +6.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Telecom Service One Holdings Ltd (3997) delivered so far?
Over the past 5 years revenue at Telecom Service One Holdings Ltd grew +5.4 % a year. The price currently implies free-cash-flow growth of +6.1 % per 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 Telecom Service One Holdings Ltd (3997) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Telecom Service One Holdings Ltd (+6.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Telecom Service One Holdings Ltd (3997)?
The free-cash-flow yield on the price is 6.08 %: that much free cash flow Telecom Service One Holdings Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Telecom Service One Holdings Ltd (3997)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Telecom Service One Holdings Ltd it is HK$0.5600 per share (as of Nov 4, 2026), against a price of HK$1.09. It is the blended result of 13 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Telecom Service One Holdings Ltd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 3997 trades above its calculated fair value: price HK$1.09, fair value HK$0.5600, a gap of about −48% (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 3997?
No. The price is what the market pays today (HK$1.09); the fair value is what the company's own numbers justify (HK$0.5600). For Telecom Service One Holdings Ltd the two are HK$0.5250 per share apart. That gap is exactly why we show both numbers side by side.
How much is Telecom Service One Holdings Ltd worth?
The market values Telecom Service One Holdings Ltd at about HK$139M (market capitalisation, as of Nov 4, 2026). Per share that is HK$1.09; our models calculate a fair value of HK$0.5600 per share.
What do the bullish and bearish scenarios say about 3997?
Our models span a range for Telecom Service One Holdings Ltd: cautious scenario HK$0.4300, base HK$0.5600, optimistic HK$0.6900 per share (as of Nov 4, 2026, price HK$1.09). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Telecom Service One Holdings Ltd (3997)?
Balance-sheet figures for Telecom Service One Holdings Ltd (as of Nov 4, 2026): return on equity −11.1%. They feed the Quality Score of 75/100, which measures business quality independently of the share price.
How far is 3997 from its 52-week high?
Telecom Service One Holdings Ltd trades at HK$1.09, about 78% below its 52-week high of HK$4.99 and 55% above the low of HK$0.7000 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.5600 is for.
Which stocks are comparable to Telecom Service One Holdings Ltd?
From the same area (Consumer Cyclical) we also value Rollins, Inc, Service Corporation, Frontdoor, Inc, H&R Block, 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 Telecom Service One Holdings Ltd stock attractive at the current price?
The data as of Nov 4, 2026: price HK$1.09, calculated fair value HK$0.5600 (−48%), Quality Score 75/100, 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 3997 calculated?
We run Telecom Service One Holdings Ltd through 13 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of HK$0.5600 builds on their evidence-weighted average, 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 13.0% above its aggregate fair value. Telecom Service One Holdings Ltd 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 Telecom Service One Holdings Ltd (3997)?
The closing price on Nov 6, 2026 was HK$1.09. Our model-based fair value is HK$0.5600, about 48% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Telecom Service One Holdings Ltd right now?
A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (HK$0.6900). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Telecom Service One Holdings Ltd
How large is the market capitalisation of Telecom Service One Holdings Ltd (3997)?
The market capitalisation of Telecom Service One Holdings Ltd is HK$139M (≈ $17.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Telecom Service One Holdings Ltd (3997)?
The price-to-sales ratio of Telecom Service One Holdings Ltd is 2.99 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Telecom Service One Holdings Ltd (3997)?
Earnings per share at Telecom Service One Holdings Ltd are HK$−0.0300. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Telecom Service One Holdings Ltd (3997)?
The dividend yield of Telecom Service One Holdings Ltd is 1.7%. 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 Telecom Service One Holdings Ltd (3997)?
The net margin of Telecom Service One Holdings Ltd is −11.2% (fiscal year 2026). 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 Telecom Service One Holdings Ltd (3997)?
The return on equity (ROE) of Telecom Service One Holdings Ltd is −11.1% (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 Telecom Service One Holdings Ltd (3997)?
On an EBIT basis the return on assets of Telecom Service One Holdings Ltd is −5.9% (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 Telecom Service One Holdings Ltd (3997)?
The operating margin of Telecom Service One Holdings Ltd is 18.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Telecom Service One Holdings Ltd (3997)?
Revenue at Telecom Service One Holdings Ltd is growing +49.8% versus a year earlier (3y avg −1.0%). 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 Telecom Service One Holdings Ltd (3997)?
Earnings per share at Telecom Service One Holdings Ltd are growing −95.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Telecom Service One Holdings Ltd (3997) hold?
Telecom Service One Holdings Ltd holds more cash than debt, HK$4.9M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 4, 2026