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Evergrande Property Services Group (6666) Fair Value & Analysis

Real Estate · HK · Market cap HK$8.0B

EP Evergrande Property Services Group 6666 · HK
PriceHK$1.09
Fair ValueHK$2.36
Upside+117.5%
Quality67/100
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Healthy Growth
Thin margins · 7.2% net margin
Low debt · generates free cash flow
Ranks above peers (10/13)
Moderate moat 62/100
Evidence: Medium Range HK$1.76 – HK$3.00 Share as image

Fair value as of: Aug 6, 2026

From 14 valuation models · updated 4 days ago

Fair value updated Aug 6, 2026, revised from HK$1.85 to HK$2.36 (+27.6%) since Jul 2, 2026. Share price +34.0% over the past month.

A solid business, screening 118% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$1.76). The market is more pessimistic than our downside scenario.
  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

HK$16.36 HK$0.3750 Fair Value HK$2.36 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$0.3750 – HK$16.36 · fair‑value band HK$1.76 – HK$3.00 · the HK$1.09 price screens below the HK$2.36 fair value. Dashed = 300-day average. As of Aug 6, 2026.

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Analysis

Evergrande Property Services Group (6666) currently trades at HK$1.09, while our model-based Fair Value estimate is HK$2.36, implying the stock looks roughly 117.5% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Evergrande Property Services Group generated revenue of HK$13.7B at a net margin of 7.2%. Revenue grew 7.6% year over year. It earns a return on equity of 69.0%. The balance sheet holds a net cash position of HK$4.2B. Fundamentals as of Aug 6, 2026

Our scenario range runs from HK$1.76 (bear case) to HK$3.00 (bull case); at HK$1.09, the current price sits below 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 36% below its 52-week high and 49% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at 118%, 6666 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$1.60 HK$2.18 HK$3.01 80
Residual Income HK$0.8000 HK$1.40 HK$32.90 76
Rev-Margin DCF HK$1.55 HK$2.27 HK$3.12 74
All 14 models by family
DCF Models
FCF DCF HK$1.59 HK$2.27 HK$3.29 38
5Y Revenue Exit HK$1.55 HK$2.28 HK$3.21 39
5Y EBITDA Exit HK$1.87 HK$2.87 HK$4.06 41
10Y Revenue Exit HK$1.52 HK$2.18 HK$3.08 36
10Y EBITDA Exit HK$1.75 HK$2.59 HK$3.73 37
Multiples
P/S Multiple HK$1.13 HK$1.51 HK$1.89 58
P/B Multiple HK$0.2200 HK$0.3000 HK$0.3700 55
EV/EBIT HK$2.55 HK$3.27 HK$3.99 53
EV/EBITDA HK$2.21 HK$2.81 HK$3.42 54
EV/Revenue HK$1.59 HK$2.09 HK$2.60 43
Asset-Based
NCAV (Graham) HK$0.0700 HK$0.1000 HK$0.1500 50
Growth DCF
Growth DCF HK$1.60 HK$2.18 HK$3.01 80
Rev-Margin DCF HK$1.55 HK$2.27 HK$3.12 74
Economic Profit
Residual Income HK$0.8000 HK$1.40 HK$32.90 76

Widest divergence: DCF Models (HK$2.28) versus Asset-Based (HK$0.1000). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$13.7B
Revenue growth (YoY) +7.6%
Net margin 7.2%
Return on equity 69.0%
Free cash flow HK$1.2B FY2025
P/E ratio 7.4
More key figures
Operating margin 11.0%
EPS (TTM) HK$0.0400
EPS growth (YoY) +6.0%
Net cash HK$4.2B FY2025

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 65 · Market factors (momentum, volatility) 28

Profitability 69
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 53
Distance to the 52-week high (market factor)
Net Issuance 82
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

Evergrande Property Services Group Limited provides property management services in China. It operates through Property Management Services, Community Living Services, Asset Management Services, and Community Operation Services segments. The company manages residential and commercial properties, industrial parks, hospitals, schools, and rail transit.

Full company description

Evergrande Property Services Group Limited provides property management services in China. It operates through Property Management Services, Community Living Services, Asset Management Services, and Community Operation Services segments. The company manages residential and commercial properties, industrial parks, hospitals, schools, and rail transit. It also offers city public services; and butler, sales office management, security, project maintenance, and cleaning and gardening services. In addition, the company provides community asset operation services comprising parking escrow and sublease, house leasing, second-hand property transaction assistance, and housing trust services; park space leasing services consisting of community space and all-media leasing; community innovation services, such as community group purchase, direct drinking water supply, one-stop services, and ecological communities; and community life services, including home decoration and household management services. Further, it engages in the provision of security order maintenance, environmental management, customer, and equipment operation and maintenance services; and space asset management, large-scale event support, smart platform, pre-project, investment operation, and leasing and selling services. Additionally, the company provides facility and environment management, intelligent security and vehicle management, exhibition hall management, and accommodation in parks, as well as conference reception, event planning, venue leasing, and business consulting; and urban infrastructure, greening landscape maintenance, road maintenance, order and emergency management, public resource management, cultural and sports venue property management, sports event support, and urban innovation services. The company was founded in 1997 and is headquartered in Guangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Evergrande Property Services Group reported revenue of HK$13.4B in FY2025 versus HK$13.2B in FY2021, a compound +0.3%/yr. Reported net income was HK$961M in FY2025.

Growth Quality 72/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
HK$13.4B
Latest YoY
+4.7%
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.
+4.2%
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.
+4.4%
Avg. growth/yr (8Y) 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.
+14.9%
Revenue +0.3%/yr
FY21 HK$13.2B
FY22 HK$11.8B
FY23 HK$12.5B
FY24 HK$12.8B
FY25 HK$13.4B
Net income
FY21 −HK$316M
FY22 HK$1.4B
FY23 HK$1.5B
FY24 HK$1.0B
FY25 HK$961M

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Cite: Fair Value Calculator (2026). "Evergrande Property Services Group Fair Value". https://www.fairvalue-calculator.com/stock/6666

Peer Group

Real Estate Services · 520 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 66 · Top 25%
Fair Value upside +118% · Top 25%
Return on equity (TTM) 69% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 7% · Below median
Operating margin (TTM) 11% · Below median
Revenue growth 8% · Above median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 7.4× · Cheaper than 75% of peers
P/B 4.99× · Pricier than 75% of peers
P/S (TTM) 0.59× · Cheaper than median
P/FCF 0.9× · Cheaper than median
EV/EBITDA 2.3× · 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 100 · sector 37
FUTURE 38 · sector 10
PAST 100 · sector 16
HEALTH 100 · sector 85
DIVIDEND 0 · sector 49

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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%
PT Bangun Kosambi Sukses Tbk, CBDK 3,530 IDR 3,464 IDR -2%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 3,998 ARS +60%

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Frequently asked questions

Is Evergrande Property Services Group (6666) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of HK$2.36 versus a price of HK$1.09, about +118% (undervalued).
What is the fair value of 6666?
Our model-based fair value for Evergrande Property Services Group is HK$2.36 (as of Aug 6, 2026), built from audited fundamentals. The current price is HK$1.09.
What is the quality score of 6666?
Evergrande Property Services Group has a Quality Score of 67/100. 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 Evergrande Property Services Group (6666)?
Evergrande Property Services Group reported trailing-twelve-month revenue of about HK$13.7B (latest available figure, as of Aug 6, 2026).
What is the net profit margin of 6666?
The net profit margin of Evergrande Property Services Group is about 7.2%, meaning it keeps roughly 7.2% 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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