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SY Holdings Group Ltd (6069) Fair Value & Analysis

Financial Services · HK · Market cap HK$8.0B

SH SY Holdings Group Ltd 6069 · HK
PriceHK$6.80
Fair ValueHK$6.62
Upside-2.7%
Quality60/100
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Expensive Growth
Highly profitable · 53.0% net margin
Low debt · generates free cash flow
5.31% dividend yield
Mixed vs. peers (8/14)
Wide moat 72/100
Evidence: High Range HK$4.97 – HK$8.28 Share as image

Fair value as of: Aug 13, 2026

From 12 valuation models · updated 3 days ago

Share price −15.0% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

HK$14.30 HK$3.54 Fair Value HK$6.62 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$3.54 – HK$14.30 · fair‑value band HK$4.97 – HK$8.28 · the HK$6.80 price screens above the HK$6.62 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

SY Holdings Group Ltd (6069) currently trades at HK$6.80, while our model-based Fair Value estimate is HK$6.62, implying the stock looks roughly 2.7% fairly valued today. The Quality Score stands at 60/100 (solid 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: high).

Over the trailing twelve months, SY Holdings Group Ltd generated revenue of HK$904M at a net margin of 53.0%. Revenue grew 3.1% year over year. It earns a return on equity of 11.3%. Net debt stands at HK$2.8B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$4.97 (bear case) to HK$8.28 (bull case); at HK$6.80, the current price sits within 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 54% below its 52-week high, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -45% fair-value upside, at -3%, 6069 screens cheaper 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$23.80 HK$42.52 HK$77.91 80
Residual Income HK$3.65 HK$4.06 HK$5.76 76
Gordon GGM HK$7.84 HK$15.62 HK$23.66 70
All 12 models by family
DCF Models
Owner Earnings HK$2.17 HK$2.67 HK$3.69 31
5Y P/E Exit HK$11.46 HK$17.83 HK$25.50 38
10Y P/E Exit HK$15.51 HK$23.90 HK$36.97 35
Earnings-Based
Graham-Dodd HK$2.98 HK$20.78 HK$29.16 54
Lynch FV HK$6.56 HK$9.37 HK$12.18 50
Dividend Discount
Gordon GGM HK$7.84 HK$15.62 HK$23.66 70
DDM Multi-Stage HK$7.84 HK$13.50 HK$16.49 61
Multiples
P/E Multiple HK$4.27 HK$5.70 HK$7.12 63
P/B Multiple HK$4.31 HK$5.75 HK$7.19 55
Asset-Based
NCAV (Graham) HK$2.05 HK$2.75 HK$4.11 50
Growth DCF
Growth DCF HK$23.80 HK$42.52 HK$77.91 80
Economic Profit
Residual Income HK$3.65 HK$4.06 HK$5.76 76

Widest divergence: Growth DCF (HK$42.52) versus Asset-Based (HK$2.75). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$904M
Revenue growth (YoY) +3.1%
Net margin 53.0%
Return on equity 11.3%
Free cash flow HK$1.6B FY2025
P/E ratio 13.7 as of Jul 2, 2026
More key figures
Operating margin 57.4%
EPS (TTM) HK$0.2000
Dividend yield 5.3%
EPS growth (YoY) +18.2%
Net debt HK$2.8B FY2025

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 58 · Market factors (momentum, volatility) 25

Profitability 40
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 93
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 67
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

SY Holdings Group Limited, an investment holding company, provides supply chain technology and digital financing solutions for companies in the People's Republic of China. The company provides platform-based services; digital financing solutions; supply chain technology services; and refinancing of supply chain asset.

Full company description

SY Holdings Group Limited, an investment holding company, provides supply chain technology and digital financing solutions for companies in the People's Republic of China. The company provides platform-based services; digital financing solutions; supply chain technology services; and refinancing of supply chain asset. It offers loan facilitation services through SY Cloud Platform, a data-driven supply chain technology platform which offers electronic signatures, optical character recognition, natural language processing, big data analytics, video verification, and facial recognition; and supply chain technology solutions. In addition, the company engages in the management, investment, lease and business, guarantee and IT services. The company was formerly known as Sheng Ye Capital Limited and changed its name to SY Holdings Group Limited in December 2021. SY Holdings Group Limited was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China. SY Holdings Group Limited is a subsidiary of Wisdom Cosmos Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SY Holdings Group Ltd reported revenue of HK$951M in FY2025 versus HK$480M in FY2021, a compound +18.6%/yr. Reported net income was HK$467M in FY2025, compounding +3.2%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$951M
Latest YoY
+3.5%
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.
+5.9%
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.
+8.4%
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.
+32.4%
Revenue +18.6%/yr
FY21 HK$480M
FY22 HK$800M
FY23 HK$964M
FY24 HK$919M
FY25 HK$951M
Net income +3.2%/yr
FY21 HK$411M
FY22 HK$219M
FY23 HK$268M
FY24 HK$380M
FY25 HK$467M
Character of growth · EPS growth decomposed (2015-2025) +24.7 % p.a.
Revenue per share +28.3 pp

of which total revenue +32.7 pp · buybacks/dilution −4.5 pp

EBIT margin −3.1 pp
Tax rate +0.6 pp
Residual (interest, one-offs) −1.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "SY Holdings Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6069

Peer Group

Credit Services · 333 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 61 · Above median
Fair Value upside −3% · Below median
Return on equity (TTM) 11% · Above median
Return on assets 3% · Above median
Net margin (TTM) 53% · Top 25%
Operating margin (TTM) 57% · Top 25%
Revenue growth 3% · Below median
Dividend yield (TTM) 5.3% · Top 25%
Debt / equity 0.11× · Lower than 75% of peers

Valuation Multiples vs Credit Services median · lower = cheaper

P/E (TTM) 13.7× · Pricier than median
P/B 1.83× · Pricier than median
P/S (TTM) 8.87× · Pricier than 75% of peers
P/FCF 0.6× · Pricier than median
EV/EBITDA 10.4× · Cheaper than median

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 30 · sector 33
FUTURE 16 · sector 39
PAST 45 · sector 31
HEALTH 95 · sector 59
DIVIDEND 100 · sector 58

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.

Similar stocks

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

Stock Price Fair Value vs Fair Value
Visa Inc V $359.42 $198.27 -45%
Mastercard Incorporated MA $561.44 $221.87 -60%
Bajaj Finance Limited BAJFINANCE ₹1,094 ₹397.61 -64%
Shriram Finance Limited SHRIRAMFIN ₹1,117 ₹553.83 -50%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,918 ₹796.52 -58%
Tata Capital Limited TATACAP ₹367.05 ₹149.40 -59%
Power Finance Corporation PFC ₹376.50 ₹615.85 +64%
Muthoot Finance Limited MUTHOOTFIN ₹2,876 ₹3,429 +19%
Indian Railway Finance Corporation IRFC ₹88.35 ₹69.72 -21%
REC Limited RECLTD ₹346.00 ₹692.00 +100%

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Frequently asked questions

Is SY Holdings Group Ltd (6069) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$6.62 versus a price of HK$6.80, about −3% (fairly valued).
What is the fair value of 6069?
Our model-based fair value for SY Holdings Group Ltd is HK$6.62 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$6.80.
What is the quality score of 6069?
SY Holdings Group Ltd has a Quality Score of 60/100. 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 SY Holdings Group Ltd (6069)?
SY Holdings Group Ltd reported trailing-twelve-month revenue of about HK$904M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 6069?
The net profit margin of SY Holdings Group Ltd is about 53.0%, meaning it keeps roughly 53.0% of revenue as net income. Based on the latest reported figures.
Does SY Holdings Group Ltd pay a dividend?
SY Holdings Group Ltd currently shows a dividend yield of about 5.31% relative to its recent price (as of Aug 13, 2026).

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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