6823 (6823) Fair Value & Analysis

Communication Services · Market cap HK$88.6B

6 6823 6823 · HK

PriceHK$11.69

Fair ValueHK$11.85

Upside+1.4%

Quality60/100

Watch 6823 for free — get notified when fair value or trend changes. Watch for free

Evidence: High Range HK$8.15 – HK$15.67

Fair value as of: Jul 2, 2026

From 25 valuation models · updated today

Share price −3.8% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$10.69 – HK$12.24 · fair‑value band HK$8.15 – HK$15.67 · the HK$11.69 price screens below the HK$11.85 fair value. As of Jul 2, 2026.

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

Analysis

6823 (6823) currently trades at HK$11.69, while our model-based Fair Value estimate is HK$11.85 — implying the stock looks roughly 1.4% undervalued today. We read business quality at 60/100 (solid quality), in the Communication Services 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: high) — always confirm before acting.

Over the trailing twelve months, 6823 generated revenue of HK$36.6B at a net margin of 14.5%. Revenue grew 6.3% year over year. It earns a return on equity of 14.7%. Net debt stands at HK$44.9B. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$36.6B

Revenue growth (YoY) +6.3%

Net margin 14.5%

Return on equity 14.7%

Free cash flow HK$6.1B FY2025

P/E ratio 16.7

More key figures

Operating margin 24.3%

EPS (TTM) HK$0.2700

Dividend yield 7.0%

EPS growth (YoY) +4.4%

Net debt HK$44.9B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 2, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

6823 reported revenue of HK$36.6B in FY2025 versus HK$34.0B in FY2021, a compound +1.9%/yr. Reported net income was HK$5.3B in FY2025, compounding +2.4%/yr from FY2021.

Revenue +1.9%/yr

FY21 HK$34.0B

FY22 HK$34.1B

FY23 HK$34.3B

FY24 HK$34.8B

FY25 HK$36.6B

Net income +2.4%/yr

FY21 HK$4.8B

FY22 HK$4.9B

FY23 HK$5.0B

FY24 HK$5.1B

FY25 HK$5.3B

Is 6823 fairly valued? → Check now

Similar stocks

6 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

Stock	Price	Fair Value	vs Fair Value
SoftBank Group SFTBF	$41.03	$68.21	+66%
China Mobile Limited 0941	HK$82.40	HK$80.23	-3%
T-Mobile US, Inc TM5	€160.06	€163.75	+2%
Verizon Communications Inc BAC	€40.98	€35.28	-14%
VZ VZ	797.00 MXN	1,048 MXN	+31%
AT&T Inc SOBA	€21.19	€21.67	+2%

Explore undervalued stocks

More undervalued Communication Services stocks →

All undervalued stocks Technology Financial Services Healthcare Consumer Cyclical Consumer Defensive Communication Services Industrials Energy Basic Materials Real Estate Utilities Deeply Undervalued Stocks Undervalued Blue-Chip Stocks Undervalued Small-Cap Stocks

Frequently asked questions

Is 6823 (6823) undervalued?

As of Jul 2, 2026, our model estimates a fair value of HK$11.85 versus a price of HK$11.69 — about +1% (undervalued). Model-based estimate, not financial advice.

What is the fair value of 6823?

Our model-based fair value for 6823 is HK$11.85 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$11.69.

What is the quality score of 6823?

6823 has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 6823 (6823)?

6823 reported trailing-twelve-month revenue of about HK$36.6B (latest available figure, as of Jul 2, 2026).

What is the net profit margin of 6823?

The net profit margin of 6823 is about 14.5%, meaning it keeps roughly 14.5% of revenue as net income. Based on the latest reported figures.

Does 6823 pay a dividend?

6823 currently shows a dividend yield of about 7.02% relative to its recent price (as of Jul 2, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.