EN DE

Phancy Group (6682) Fair Value & Analysis

Technology · HK · Market cap HK$12.4B

PG Phancy Group 6682 · HK
PriceHK$29.70
Fair ValueHK$10.69
Upside-64.0%
Quality50/100
Watch Phancy Group for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Loss-making · -0.4% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/10)
Narrow moat 11/100
Evidence: Low Range HK$7.06 – HK$13.37 Share as image

Fair value as of: Jul 5, 2026

From 1 valuation models · updated 36 days ago

Fair value updated Jul 5, 2026, revised from HK$15.43 to HK$10.69 (−30.7%) since Jul 2, 2026. Share price −2.2% over the past month.

A solid business, but screening 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$13.37). 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 (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (HK$7.06 to HK$13.37) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (3 years)

HK$75.50 HK$20.05 Fair Value HK$10.69 Sep 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 5, 2026.

How to read this chart

34‑month range HK$20.05 – HK$75.50 · fair‑value band HK$7.06 – HK$13.37 · the HK$29.70 price screens above the HK$10.69 fair value. Dashed = 300-day average. As of Jul 5, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Phancy Group (6682) currently trades at HK$29.70, while our model-based Fair Value estimate is HK$10.69, implying the stock looks roughly 64.0% overvalued today. The Quality Score stands at 50/100 (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, Phancy Group generated revenue of HK$7.1B at a net margin of -0.4%. Revenue grew 32.8% year over year. It earns a return on equity of -0.6%. The balance sheet holds a net cash position of HK$1.8B. Fundamentals as of Jul 5, 2026

Our scenario range runs from HK$7.06 (bear case) to HK$13.37 (bull case); at HK$29.70, 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 58% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -64%, 6682 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
NCAV (Graham) HK$7.53 HK$10.09 HK$15.06 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$7.53 HK$10.09 HK$15.06 50

Notify me when 6682 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) HK$7.1B
Revenue growth (YoY) +32.8%
Net margin -0.4%
Return on equity -0.6%
Free cash flow −HK$876M FY2025
Operating margin 0.0%
More key figures
EPS (TTM) HK$-0.1400
Net cash HK$1.8B FY2025

Figures from reported company fundamentals · as of Jul 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 54 · Market factors (momentum, volatility) 20

Profitability 29
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 32
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

Phancy Group Co., Ltd., an investment holding company, engages in operations of artificial intelligence (AI) platform in the People's Republic of China.

Full company description

Phancy Group Co., Ltd., an investment holding company, engages in operations of artificial intelligence (AI) platform in the People's Republic of China. The company offers 4ParadigmSage Platform, an enterprise Al business system; 4Paradigm SHIFT, a standardized solutions built on the Sage AI Platform, tailored to different industry business scenarios; and 4Paradigm AIGS, an AI software development platform. It is also involved in the research and development of technology; investment activities; provision of artificial intelligent platform and solutions in energy and power and manufacturing industries; and provision of digital operation and maintenance platform and solutions. The company was formerly known as Beijing Fourth Paradigm Technology Co., Ltd. and changed its name to Phancy Group Co., Ltd. in January 2026. Phancy Group Co., Ltd. was incorporated in 2014 and is headquartered in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Phancy Group reported revenue of HK$7.1B in FY2025 versus HK$2.0B in FY2021, a compound +37.1%/yr. Reported net income was −HK$26.3M in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$7.1B
Latest YoY
+35.6%
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.
+32.3%
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.
+49.9%
Revenue +37.1%/yr
FY21 HK$2.0B
FY22 HK$3.1B
FY23 HK$4.2B
FY24 HK$5.3B
FY25 HK$7.1B
Net income
FY21 −HK$1.8B
FY22 −HK$1.6B
FY23 −HK$909M
FY24 −HK$269M
FY25 −HK$26.3M

6682 screens 64% overvalued. Compare with Microsoft Corporation →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Phancy Group Fair Value". https://www.fairvalue-calculator.com/stock/6682

Peer Group

Software - Infrastructure · 370 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 −64% · Below median
Return on assets -1% · Below median
Net margin (TTM) -0% · Below median
Operating margin (TTM) -0% · Below median
Revenue growth 33% · Top 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/B 0.21× · Cheaper than 75% of peers
P/S (TTM) 0.22× · 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 100 · sector 46
PAST 0 · sector 15
HEALTH 99 · sector 98
DIVIDEND 0 · sector 28

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

Compare Phancy Group with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Phancy Group (6682) overvalued or undervalued?
As of Jul 5, 2026, our model estimates a fair value of HK$10.69 versus a price of HK$29.70, about −64% (overvalued).
What is the fair value of 6682?
Our model-based fair value for Phancy Group is HK$10.69 (as of Jul 5, 2026), built from audited fundamentals. The current price is HK$29.70.
What is the quality score of 6682?
Phancy Group has a Quality Score of 50/100. 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 Phancy Group (6682)?
Phancy Group reported trailing-twelve-month revenue of about HK$7.1B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of 6682?
The net profit margin of Phancy Group is about -0.4%, 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.

14 days Pro free · no card

Track Phancy Group and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.