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6838 (6838) Fair Value & Analysis

Consumer Cyclical · Market cap HK$146M

6 6838 6838 · HK
PriceHK$0.2430
Fair ValueHK$1.21
Upside+397.9%
Quality56/100
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Evidence: Low Range HK$0.9200 – HK$1.54

Fair value as of: Jul 2, 2026

From 9 valuation models · updated today

Share price −10.0% over the past month.

Price vs Fair Value (12 months)

HK$0.2950 HK$0.1820 Fair Value HK$1.21 Jun 2025 Jul 2026

12‑month range HK$0.1820 – HK$0.2950 · fair‑value band HK$0.9200 – HK$1.54 · the HK$0.2430 price screens below the HK$1.21 fair value. As of Jul 2, 2026.

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Analysis

6838 (6838) currently trades at HK$0.2430, while our model-based Fair Value estimate is HK$1.21 — implying the stock looks roughly 397.9% undervalued today. We read business quality at 56/100 (solid quality), in the Consumer Cyclical 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: low) — always confirm before acting.

Over the trailing twelve months, 6838 generated revenue of HK$533M at a net margin of -11.5%. Revenue declined 41.8% year over year. It earns a return on equity of -6.6%. The balance sheet holds a net cash position of HK$105M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$533M
Revenue growth (YoY) -41.8%
Net margin -11.5%
Return on equity -6.6%
Free cash flow HK$65.6M FY2025
Operating margin -26.0%
More key figures
EPS (TTM) HK$-0.0200
EPS growth (YoY) -67.0%
Net cash HK$105M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

6838 reported revenue of HK$533M in FY2025 versus HK$1.4B in FY2021, a compound −21.2%/yr. Reported net income was −HK$61.5M in FY2025.

Revenue −21.2%/yr
FY21 HK$1.4B
FY22 HK$1.1B
FY23 HK$775M
FY24 HK$682M
FY25 HK$533M
Net income
FY21 HK$94.4M
FY22 HK$112M
FY23 HK$63.7M
FY24 −HK$20.3M
FY25 −HK$61.5M

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Similar stocks

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

Stock Price Fair Value vs Fair Value
LVMH Moët Hennessy - Louis Vuitton, Société Européenne, LVMUY $110.06 $106.54 -3%
Hermès International Société en commandite par actions HESAY $184.96 $105.66 -43%
Compagnie Financière Richemont SA CFRHF $225.92 $143.35 -37%
Christian Dior SE CHDRY $129.80 $151.76 +17%
Titan Company TITAN ₹4,042 ₹1,546 -62%
Kering SA PPRUF $318.73 $86.66 -73%

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Frequently asked questions

Is 6838 (6838) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$1.21 versus a price of HK$0.2430 — about +398% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 6838?
Our model-based fair value for 6838 is HK$1.21 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.2430.
What is the quality score of 6838?
6838 has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 6838 (6838)?
6838 reported trailing-twelve-month revenue of about HK$533M (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 6838?
The net profit margin of 6838 is about -11.5%, 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.

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