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Shuangdeng Group Co Ltd (6960) Fair Value & Analysis

Industrials · HK · Market cap HK$3.4B

SG Shuangdeng Group Co Ltd 6960 · HK
PriceHK$7.64
Fair ValueHK$12.83
Upside+67.9%
Quality50/100
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Healthy Growth
Thin margins · 5.0% net margin
Low debt · generates free cash flow
1.54% dividend yield
Mixed vs. peers (8/14)
Narrow moat 30/100
Evidence: High Range HK$9.31 – HK$16.35 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from HK$12.81 to HK$12.83 (+0.2%) since Aug 6, 2026. Share price +2.1% over the past month.

A solid business, screening 68% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (HK$9.31). The market is more pessimistic than our downside scenario.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (12 months)

HK$25.68 HK$6.42 Fair Value HK$12.83 Aug 2025 Aug 2026

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

How to read this chart

12‑month range HK$6.42 – HK$25.68 · fair‑value band HK$9.31 – HK$16.35 · the HK$7.64 price screens below the HK$12.83 fair value. As of Aug 13, 2026.

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Analysis

Shuangdeng Group Co Ltd (6960) currently trades at HK$7.64, while our model-based Fair Value estimate is HK$12.83, implying the stock looks roughly 67.9% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Industrials 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, Shuangdeng Group Co Ltd generated revenue of HK$5.1B at a net margin of 5.0%. Revenue grew 4.4% year over year. It earns a return on equity of 8.8%. Net debt stands at HK$534M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$9.31 (bear case) to HK$16.35 (bull case); at HK$7.64, 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 72% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -65% fair-value upside, at 68%, 6960 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$23.93 HK$34.35 HK$49.05 80
Residual Income HK$6.50 HK$6.85 HK$7.38 76
Rev-Margin DCF HK$14.37 HK$19.30 HK$25.27 74
All 26 models by family
DCF Models
FCF DCF HK$23.77 HK$35.89 HK$54.27 38
Owner Earnings HK$7.66 HK$10.39 HK$14.53 31
5Y Revenue Exit HK$14.37 HK$19.06 HK$24.80 39
5Y EBITDA Exit HK$16.65 HK$23.44 HK$31.28 41
5Y P/E Exit HK$15.82 HK$21.85 HK$28.14 38
10Y Revenue Exit HK$17.44 HK$22.61 HK$29.25 36
10Y EBITDA Exit HK$19.08 HK$25.63 HK$34.20 37
10Y P/E Exit HK$18.55 HK$24.53 HK$31.80 35
Earnings-Based
Graham-Dodd HK$4.08 HK$14.31 HK$19.25 54
Lynch FV HK$3.34 HK$4.77 HK$6.20 50
PEG = 1.0 HK$3.34 HK$4.77 HK$6.20 46
EPV HK$8.10 HK$8.91 HK$9.61 59
Dividend Discount
Gordon GGM HK$1.26 HK$2.50 HK$3.79 70
DDM Multi-Stage HK$1.26 HK$2.16 HK$2.64 61
Multiples
P/E Multiple HK$9.46 HK$12.61 HK$15.76 63
P/S Multiple HK$7.65 HK$10.21 HK$12.76 58
P/B Multiple HK$7.65 HK$10.21 HK$12.76 55
EV/EBIT HK$12.07 HK$15.09 HK$18.12 53
EV/EBITDA HK$13.88 HK$17.51 HK$21.15 54
EV/Revenue HK$9.47 HK$12.24 HK$15.02 43
Asset-Based
NCAV (Graham) HK$4.03 HK$5.40 HK$8.06 50
Growth DCF
Growth DCF HK$23.93 HK$34.35 HK$49.05 80
Rev-Margin DCF HK$14.37 HK$19.30 HK$25.27 74
Economic Profit
Residual Income HK$6.50 HK$6.85 HK$7.38 76
ROIC Compounder HK$8.11 HK$9.44 HK$11.17 72
Growth Earnings
Growth-Adj P/E HK$8.16 HK$11.66 HK$15.15 68

Widest divergence: DCF Models (HK$22.61) versus Dividend Discount (HK$2.16). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$5.1B
Revenue growth (YoY) +4.4%
Net margin 5.0%
Return on equity 8.8%
Free cash flow HK$794M FY2025
P/E ratio 10.5 as of Jul 2, 2026
More key figures
Operating margin 3.5%
EPS (TTM) HK$0.3500
Dividend yield 1.5%
EPS growth (YoY) -55.7%
Net debt HK$534M FY2024

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

Quality Score breakdown

Overall quality 50/100

Of which business quality 55 · Market factors (momentum, volatility) 0

Profitability 35
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 78
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 32
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 0
Distance to the 52-week high (market factor)
Net Issuance 68
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

Shuangdeng Group Co., Ltd. provides energy storage solutions for big-data and telecommunication industries in China. It provides lithium-ion battery systems and smart-Li battery systems for telecom; SHVP lithium batteries for IDC; and SDA10-4850 series lithium iron phosphate battery systems, assemble-able batteries SDA10-4820, small cell power system-6KW, …

Full company description

Shuangdeng Group Co., Ltd. provides energy storage solutions for big-data and telecommunication industries in China. It provides lithium-ion battery systems and smart-Li battery systems for telecom; SHVP lithium batteries for IDC; and SDA10-4850 series lithium iron phosphate battery systems, assemble-able batteries SDA10-4820, small cell power system-6KW, small cell power system-2000-D and 3000-D, and air-cooling BESS. The company also offers lead acid batteries, such as communications energy storage solutions, such as backup power for base stations, such as telecommunications, mobile, China Unicom, and ships and railways; and backup power supply for power systems, nuclear power plants, UPS, emergency lighting, etc. It offers its products for telecom, power backup, energy storage, and motive power applications. The company was incorporated in 2011 and is based in Wan chai, China.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Shuangdeng Group Co Ltd reported revenue of HK$5.1B in FY2025 versus HK$4.1B in FY2022, a compound +7.7%/yr. Reported net income was HK$256M in FY2025, compounding −3.1%/yr from FY2022.

Growth Quality 75/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
HK$5.1B
Latest YoY
+13.0%
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.
+7.7%
Revenue +7.7%/yr
FY22 HK$4.1B
FY23 HK$4.3B
FY24 HK$4.5B
FY25 HK$5.1B
Net income −3.1%/yr
FY22 HK$281M
FY23 HK$385M
FY24 HK$353M
FY25 HK$256M

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Cite: Fair Value Calculator (2026). "Shuangdeng Group Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6960

Peer Group

Electrical Equipment & Parts · 527 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 50 · Below median
Fair Value upside +68% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 3% · Below median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 4% · Below median
Dividend yield (TTM) 1.5% · Above median
Debt / equity 0.06× · Higher than median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 10.5× · Cheaper than 75% of peers
P/B 1.00× · Cheaper than median
P/S (TTM) 0.68× · Cheaper than median
P/FCF 0.6× · Cheaper than 75% of peers
EV/EBITDA 5.5× · 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 0
FUTURE 22 · sector 57
PAST 35 · sector 26
HEALTH 97 · sector 97
DIVIDEND 31 · sector 23

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$652.50 HK$394.19 -40%
Delta Electronics (Thailand) Public Company DELTA 269.00 THB 40.28 THB -85%
LG Energy Solution, Ltd 373220 365,500 KRW 201,455 KRW -45%
WEG S.A WEGE3 14,900 ARS 4,338 ARS -71%
Sungrow Power Supply Co 300274 ¥117.53 ¥123.83 +5%
HD Hyundai Electric Co 267260 782,000 KRW 371,133 KRW -53%
LS ELECTRIC Co 010120 208,500 KRW 29,594 KRW -86%
Hyosung Heavy Industries Corporation 298040 2,892,000 KRW 1,013,099 KRW -65%
Hitachi Energy India Limited POWERINDIA ₹35,800 ₹6,106 -83%
Polycab India Limited POLYCAB ₹9,289 ₹3,218 -65%

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Frequently asked questions

Is Shuangdeng Group Co Ltd (6960) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$12.83 versus a price of HK$7.64, about +68% (undervalued).
What is the fair value of 6960?
Our model-based fair value for Shuangdeng Group Co Ltd is HK$12.83 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$7.64.
What is the quality score of 6960?
Shuangdeng Group Co Ltd 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 Shuangdeng Group Co Ltd (6960)?
Shuangdeng Group Co Ltd reported trailing-twelve-month revenue of about HK$5.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 6960?
The net profit margin of Shuangdeng Group Co Ltd is about 5.0%, meaning it keeps roughly 5.0% of revenue as net income. Based on the latest reported figures.
Does Shuangdeng Group Co Ltd pay a dividend?
Shuangdeng Group Co Ltd currently shows a dividend yield of about 1.54% relative to its recent price (as of Aug 13, 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.

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