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FIT Hon Teng Limited (6088) Fair Value & Analysis

Technology · HK · Market cap HK$47.1B

FH FIT Hon Teng Limited 6088 · HK
PriceHK$6.19
Fair ValueHK$2.98
Upside-51.8%
Quality49/100
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Expensive Growth
Thin margins · 3.1% net margin
Low debt · negative free cash flow
Ranks above peers (8/13)
Narrow moat 29/100
Evidence: Medium Range HK$2.20 – HK$3.84 Share as image

Fair value as of: Aug 6, 2026

From 15 valuation models · updated today

Fair value updated Aug 6, 2026, revised from HK$0.3800 to HK$2.98 (+684.2%) since Jul 2, 2026. Share price −8.9% over the past month.

Below-average quality, and screening another 52% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$3.84). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

HK$10.42 HK$0.8800 Fair Value HK$2.98 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.

How to read this chart

60‑month range HK$0.8800 – HK$10.42 · fair‑value band HK$2.20 – HK$3.84 · the HK$6.19 price screens above the HK$2.98 fair value. Dashed = 300-day average. As of Aug 6, 2026.

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Analysis

FIT Hon Teng Limited (6088) currently trades at HK$6.19, while our model-based Fair Value estimate is HK$2.98, implying the stock looks roughly 51.8% overvalued today. We read business quality at 49/100 (below-average quality), in the Technology 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, FIT Hon Teng Limited generated revenue of HK$5.0B at a net margin of 3.1%. Revenue grew 13.1% year over year. It earns a return on equity of 6.1%. Net debt stands at HK$807M. Fundamentals as of Aug 6, 2026

Our scenario range runs from HK$2.20 (bear case) to HK$3.84 (bull case); at HK$6.19, the current price sits above that range. The share trades about 43% below its 52-week high and 163% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -52%, 6088 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 BearBaseBull Evidence
Highest evidence
Residual Income HK$2.35 HK$2.35 HK$2.35 76
ROIC Compounder HK$2.67 HK$3.06 HK$3.69 72
Growth-Adj P/E HK$2.12 HK$2.98 HK$3.84 68
All 15 models by family
DCF Models
Owner Earnings HK$0.8626 HK$1.02 HK$1.25 31
Earnings-Based
Graham-Dodd HK$1.18 HK$3.37 HK$4.39 54
Lynch FV HK$0.7058 HK$0.9411 HK$1.25 50
PEG = 1.0 HK$0.7058 HK$0.9411 HK$1.25 46
EPV HK$2.67 HK$3.06 HK$3.37 59
Multiples
P/E Multiple HK$2.59 HK$3.45 HK$4.31 63
P/S Multiple HK$2.20 HK$2.90 HK$3.69 58
P/B Multiple HK$2.20 HK$2.90 HK$3.69 55
EV/EBIT HK$4.78 HK$6.20 HK$7.61 53
EV/EBITDA HK$6.59 HK$8.63 HK$10.67 54
EV/Revenue HK$3.37 HK$4.63 HK$5.88 43
Asset-Based
NCAV (Graham) HK$1.49 HK$1.96 HK$2.98 50
Economic Profit
Residual Income HK$2.35 HK$2.35 HK$2.35 76
ROIC Compounder HK$2.67 HK$3.06 HK$3.69 72
Growth Earnings
Growth-Adj P/E HK$2.12 HK$2.98 HK$3.84 68

Widest divergence: Multiples (HK$3.45) versus Earnings-Based (HK$0.9411). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) HK$5.0B
Revenue growth (YoY) +13.1%
Net margin 3.1%
Return on equity 6.1%
Free cash flow −HK$196M FY2025
P/E ratio 38.9
More key figures
Operating margin 6.8%
EPS growth (YoY) +2.6%
Net debt HK$807M FY2025

Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 51

Profitability 35
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 22
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 10
Calm price path (market factor)
Momentum 66
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 79
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

FIT Hon Teng Limited manufactures and sells mobile and wireless devices and connectors in Taiwan and internationally. It operates in two segments, Intermediate Products and Consumer Products.

Full company description

FIT Hon Teng Limited manufactures and sells mobile and wireless devices and connectors in Taiwan and internationally. It operates in two segments, Intermediate Products and Consumer Products. The company provides RF antenna cable and module assemblies; coaxial, internal, external, RJ, wire harness, USB, E/M, EM, flat, high speed, power, ribbon, SAS, and S-ATA cable assemblies; light source products; backplane, card, edgecard, memory, high speed, input/output, power, storage, and wire to board/board to board connectors; sockets and terminal blocks; and wired headsets, speaker systems, and power accessories. It also engages in research, development, manufacture, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, and cables and modules; development, production, and sale of interconnect solutions and related products; sale of consumer electronics and connectivity solutions; warehousing, distribution, and sale activities; and development of technologies in the field of dynamic loudspeakers and acoustic technologies. In addition, the company is involved in acquisition, holding, managing, administering, coordinating, controlling, and disposing of investments; development and production of cable harnesses and wiring systems; design, development, manufacture, and sale of automobile and household appliance components, as well as provision of related aftersales services; technology consulting and sale of self-produced products; and manufacture and supply of electronic and electrical components, auxiliary equipment, and motor vehicle parts. The company offers its products under the Belkin and Voltaira brands. The company was formerly known as New Wing International Holdings Limited and changed its name to FIT Hon Teng Limited in June 2013. The company was founded in 1981 and is headquartered in New Taipei City, Taiwan. FIT Hon Teng Limited is a subsidiary of Foxconn (Far East) Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

FIT Hon Teng Limited reported revenue of HK$5.0B in FY2025 versus HK$4.5B in FY2021, a compound +2.7%/yr. Reported net income was HK$156M in FY2025, compounding +3.2%/yr from FY2021.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$5.0B
Latest YoY
+12.4%
Avg. growth/yr (3Y)
+3.4%
Avg. growth/yr (5Y)
+3.0%
Avg. growth/yr (11Y)
+6.6%
Revenue +2.7%/yr
FY21 HK$4.5B
FY22 HK$4.5B
FY23 HK$4.2B
FY24 HK$4.5B
FY25 HK$5.0B
Net income +3.2%/yr
FY21 HK$138M
FY22 HK$170M
FY23 HK$129M
FY24 HK$154M
FY25 HK$156M

6088 screens 52% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "FIT Hon Teng Limited Fair Value". https://www.fairvalue-calculator.com/stock/6088

Peer Group

Electronic Components · 625 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 49 · Below median
Fair Value upside −52% · Below median
Return on equity (TTM) 6% · Below median
Return on assets 3% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 13% · Above median
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 38.9× · Cheaper than median
P/B 2.24× · Cheaper than median
P/S (TTM) 1.20× · Cheaper than median
EV/EBITDA 11.2× · Cheaper than median
PEG 0.25× · Cheaper 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 0
FUTURE 66 · sector 32
PAST 24 · sector 24
HEALTH 89 · sector 95
DIVIDEND 0 · sector 24

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.

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is FIT Hon Teng Limited (6088) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of HK$2.98 versus a price of HK$6.19, about −52% (overvalued).
What is the fair value of 6088?
Our model-based fair value for FIT Hon Teng Limited is HK$2.98 (as of Aug 6, 2026), built from audited fundamentals. The current price is HK$6.19.
What is the quality score of 6088?
FIT Hon Teng Limited has a Quality Score of 49/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of FIT Hon Teng Limited (6088)?
FIT Hon Teng Limited reported trailing-twelve-month revenue of about HK$5.0B (latest available figure, as of Aug 6, 2026).
What is the net profit margin of 6088?
The net profit margin of FIT Hon Teng Limited is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. 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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