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OneRobotics (Shenzhen) Co., Ltd. (6600) Fair Value & Analysis

Technology · HK · Market cap HK$12.7B

OS OneRobotics (Shenzhen) Co., Ltd. 6600 · HK
PriceHK$57.95
Fair ValueHK$11.93
Upside-79.4%
Quality54/100
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Mixed Growth
Loss-making · -3.0% net margin
Low debt · generates free cash flow
Trails peers (4/11)
Narrow moat 3/100
Evidence: Low Range HK$10.11 – HK$13.75 Share as image

Fair value as of: Aug 13, 2026

From 7 valuation models · updated 3 days ago

Share price +0.2% over the past month.

A solid business, but screening 79% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (HK$13.75). 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.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (7 months)

HK$197.20 HK$54.10 Fair Value HK$11.93 Dec 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.

How to read this chart

7‑month range HK$54.10 – HK$197.20 · fair‑value band HK$10.11 – HK$13.75 · the HK$57.95 price screens above the HK$11.93 fair value. As of Aug 13, 2026.

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Analysis

OneRobotics (Shenzhen) Co., Ltd. (6600) currently trades at HK$57.95, while our model-based Fair Value estimate is HK$11.93, implying the stock looks roughly 79.4% overvalued today. The Quality Score stands at 54/100 (solid 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: low).

Over the trailing twelve months, OneRobotics (Shenzhen) Co., Ltd. generated revenue of HK$901M at a net margin of -3.0%. Revenue grew 50.6% year over year. It earns a return on equity of -2.9%. The balance sheet holds a net cash position of HK$1.3B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$10.11 (bear case) to HK$13.75 (bull case); at HK$57.95, 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 71% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -65% fair-value upside, at -79%, 6600 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$13.03 HK$19.29 HK$29.55 80
Rev-Margin DCF HK$11.97 HK$16.01 HK$24.47 74
NCAV (Graham) HK$3.69 HK$4.94 HK$7.37 50
All 7 models by family
DCF Models
FCF DCF HK$13.43 HK$17.31 HK$29.65 38
5Y Revenue Exit HK$11.48 HK$14.84 HK$21.84 39
10Y Revenue Exit HK$11.97 HK$17.93 HK$21.60 36
Multiples
EV/Revenue HK$10.33 HK$11.90 HK$13.46 43
Asset-Based
NCAV (Graham) HK$3.69 HK$4.94 HK$7.37 50
Growth DCF
Growth DCF HK$13.03 HK$19.29 HK$29.55 80
Rev-Margin DCF HK$11.97 HK$16.01 HK$24.47 74

Widest divergence: DCF Models (HK$17.31) versus Asset-Based (HK$4.94). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$901M
Revenue growth (YoY) +50.6%
Net margin -3.0%
Return on equity -2.9%
Free cash flow HK$90.5M FY2025
Operating margin -12.3%
More key figures
Net cash HK$1.3B FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 60 · Market factors (momentum, volatility) 2

Profitability 18
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 100
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

OneRobotics (Shenzhen) Co., Ltd. designs, develops, manufactures, and sells home robotics system products and other home robot products and accessories in Japan, Europe, North America, and rest of the world.

Full company description

OneRobotics (Shenzhen) Co., Ltd. designs, develops, manufactures, and sells home robotics system products and other home robot products and accessories in Japan, Europe, North America, and rest of the world. The company develops SwitchBot App that enables users to achieve centralized control of home robotic system products for intelligent home living experience. It offers dexterous hand-mimic robots, such as lock robots, curtain robots and finger robots, and enhanced mobile robots, such as multitasking household robots, and sports robots; perception and decision-making systems, including smart hubs, smart sensors, and smart cameras; and other smart home products and services, such as light tools, power tools, and smart home appliances under the SwitchBot and Acemate brand names. The company also provides various accessories, including cleaning supplies, power solutions, smart home control accessories, and security add-ons; and cloud storage services to utilize digital archiving for footage captured by its smart cameras. Its products are used in home automation, domestic chores, AI butler, elderly care, security, and energy management applications. The company sells its products to end consumers, retailers, and distributors. The company was founded in 2015 and is headquartered in Shenzhen, China.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

OneRobotics (Shenzhen) Co., Ltd. reported revenue of HK$877M in FY2025 versus HK$275M in FY2022, a compound +47.3%/yr. Reported net income was −HK$24.0M in FY2025.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$877M
Latest YoY
+43.8%
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.
+47.3%
Revenue +47.3%/yr
FY22 HK$275M
FY23 HK$457M
FY24 HK$610M
FY25 HK$877M
Net income
FY22 −HK$87.0M
FY23 −HK$16.4M
FY24 −HK$3.1M
FY25 −HK$24.0M

6600 screens 79% overvalued. Compare with Dell Technologies Inc →

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Cite: Fair Value Calculator (2026). "OneRobotics (Shenzhen) Co., Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/6600

Peer Group

Computer Hardware · 222 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 54 · Above median
Fair Value upside −79% · Bottom 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -3% · Bottom 25%
Operating margin (TTM) -12% · Bottom 25%
Revenue growth 51% · Top 25%
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/B 0.97× · Cheaper than median
P/S (TTM) 1.80× · Pricier than median
P/FCF 17.9× · 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 0
FUTURE 100 · sector 59
PAST 0 · sector 23
HEALTH 97 · sector 97
DIVIDEND 0 · sector 41

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Dell Technologies Inc DELL $484.50 $187.75 -61%
Arista Networks, Inc ANET $210.50 $57.72 -73%
Western Digital Corporation WDC $454.10 $90.94 -80%
Hygon Information Technology Co 688041 ¥287.66 ¥30.66 -89%
Wiwynn Corporation 6669 6,025 TWD 2,120 TWD -65%
Hangzhou Hikvision Digital Technology Co 002415 ¥36.47 ¥40.44 +11%
Shenzhen Longsys Electronics Co 301308 ¥414.30 ¥91.67 -78%
Lenovo Group 0992 HK$29.04 HK$4.30 -85%
Dawning Information Industry Co 603019 ¥86.42 ¥39.38 -54%
Inspur Electronic Information Industry Co 000977 ¥75.02 ¥44.02 -41%

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Frequently asked questions

Is OneRobotics (Shenzhen) Co., Ltd. (6600) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$11.93 versus a price of HK$57.95, about −79% (overvalued).
What is the fair value of 6600?
Our model-based fair value for OneRobotics (Shenzhen) Co., Ltd. is HK$11.93 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$57.95.
What is the quality score of 6600?
OneRobotics (Shenzhen) Co., Ltd. has a Quality Score of 54/100. 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 OneRobotics (Shenzhen) Co., Ltd. (6600)?
OneRobotics (Shenzhen) Co., Ltd. reported trailing-twelve-month revenue of about HK$901M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 6600?
The net profit margin of OneRobotics (Shenzhen) Co., Ltd. is about -3.0%, 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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