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China 33 Group (8087) Fair Value & Analysis

Financial Services · HK · Market cap HK$1.0B

C3 China 33 Group 8087 · HK
PriceHK$2.36
Fair ValueHK$0.7225
Upside-69.4%
Quality51/100
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Weak Growth
Loss-making · -57.2% net margin
Low debt · generates free cash flow
Trails peers (1/11)
Narrow moat 9/100
Evidence: Low Range HK$0.6800 – HK$0.7735 Share as image

Fair value as of: Aug 6, 2026

From 6 valuation models · updated 4 days ago

Share price +25.5% over the past month.

A solid business, but screening 69% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.7735). 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 (51/100) and above fair value, neither a clear bargain nor a standout compounder.
  • The models converge in a tight band (HK$0.6800 to HK$0.7735), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

HK$2.60 HK$0.0105 Fair Value HK$0.7225 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$0.0105 – HK$2.60 · fair‑value band HK$0.6800 – HK$0.7735 · the HK$2.36 price screens above the HK$0.7225 fair value. Dashed = 300-day average. As of Aug 6, 2026.

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Analysis

China 33 Group (8087) currently trades at HK$2.36, while our model-based Fair Value estimate is HK$0.7225, implying the stock looks roughly 69.4% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Financial Services 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, China 33 Group generated revenue of HK$36.2M at a net margin of -57.2%. Revenue grew 5.4% year over year. It earns a return on equity of -73.2%. The balance sheet holds a net cash position of HK$428M. Fundamentals as of Aug 6, 2026

Our scenario range runs from HK$0.6800 (bear case) to HK$0.7735 (bull case); at HK$2.36, 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 near its 52-week high, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -41% fair-value upside, at -69%, 8087 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
Growth DCF HK$2.06 HK$2.45 HK$3.05 80
NCAV (Graham) HK$0.0200 HK$0.0200 HK$0.0300 50
EV/Revenue HK$0.7800 HK$0.8300 HK$0.8800 43
All 6 models by family
DCF Models
FCF DCF HK$2.01 HK$2.42 HK$3.11 38
5Y Revenue Exit HK$1.32 HK$1.40 HK$1.52 39
10Y Revenue Exit HK$1.62 HK$1.70 HK$1.78 36
Multiples
EV/Revenue HK$0.7800 HK$0.8300 HK$0.8800 43
Asset-Based
NCAV (Graham) HK$0.0200 HK$0.0200 HK$0.0300 50
Growth DCF
Growth DCF HK$2.06 HK$2.45 HK$3.05 80

Widest divergence: Growth DCF (HK$2.45) versus Asset-Based (HK$0.0200). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$36.2M
Revenue growth (YoY) +5.4%
Net margin -57.2%
Return on equity -73.2%
Free cash flow HK$108M FY2025
Operating margin -59.0%
More key figures
EPS (TTM) HK$-0.1000
EPS growth (YoY) +1.7%
Net cash HK$428M FY2025

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 54 · Market factors (momentum, volatility) 84

Profitability 2
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 97
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 50
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

China 33 Group Limited, an investment holding company, provides prepaid card services in Hong Kong. It operates through Printed Media Advertising, Outdoor and Digital Advertising, Film and Entertainment Investment, and Prepaid Card segments. The Printed Media Advertising segment sells advertising spaces in magazines distributed in train services.

Full company description

China 33 Group Limited, an investment holding company, provides prepaid card services in Hong Kong. It operates through Printed Media Advertising, Outdoor and Digital Advertising, Film and Entertainment Investment, and Prepaid Card segments. The Printed Media Advertising segment sells advertising spaces in magazines distributed in train services. Its Outdoor and Digital Advertising segment engages in the provision of online advertising through mobile applications and websites; sale of advertising spaces on the billboards and LEDs installed in railway stations; and conduction of promotion campaigns in train stations. The Film and Entertainment Investment segment is involved in investment for profit sharing on box office of movies and concerts; and distribution of film rights and television dramas. Its Prepaid Card segment offers prepaid card services. The company was formerly known as China 33 Media Group Limited and changed its name to China 33 Group Limited in May 2026. China 33 Group Limited was incorporated in 2010 and is based in Tsim Sha Tsui, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China 33 Group reported revenue of HK$36.2M in FY2025 versus HK$97.9M in FY2021, a compound −22.1%/yr. Reported net income was −HK$20.7M in FY2025.

Growth Quality 29/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$36.2M
Latest YoY
+2.0%
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.
−20.2%
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.
−17.6%
Avg. growth/yr (17Y) 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.
+1.4%
Revenue −22.1%/yr
FY21 HK$97.9M
FY22 HK$71.0M
FY23 HK$34.6M
FY24 HK$35.4M
FY25 HK$36.2M
Net income
FY21 −HK$113M
FY22 −HK$57.5M
FY23 −HK$55.7M
FY24 −HK$23.1M
FY25 −HK$20.7M

8087 screens 69% overvalued. Compare with Visa Inc →

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Cite: Fair Value Calculator (2026). "China 33 Group Fair Value". https://www.fairvalue-calculator.com/stock/8087

Peer Group

Credit Services · 331 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 51 · Below median
Fair Value upside −69% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -57% · Bottom 25%
Operating margin (TTM) -59% · Bottom 25%
Revenue growth 5% · Below median

Valuation Multiples vs Credit Services median · lower = cheaper

P/B 5.81× · Pricier than 75% of peers
P/S (TTM) 3.54× · Pricier than median
P/FCF 1.2× · Pricier than median

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 37
FUTURE 27 · sector 39
PAST 0 · sector 32
HEALTH 100 · sector 58
DIVIDEND 0 · sector 51

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

Stock Price Fair Value vs Fair Value
Visa Inc V $348.97 $204.19 -41%
Mastercard Incorporated MA $537.70 $221.87 -59%
American Express Company AXP $358.44 $206.40 -42%
Bajaj Finance Limited BAJFINANCE ₹1,056 ₹397.61 -62%
Shriram Finance Limited SHRIRAMFIN ₹1,024 ₹553.83 -46%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,808 ₹796.52 -56%
Tata Capital Limited TATACAP ₹360.60 ₹229.85 -36%
Power Finance Corporation PFC ₹405.10 ₹810.20 +100%
Muthoot Finance Limited MUTHOOTFIN ₹3,129 ₹3,463 +11%
Indian Railway Finance Corporation IRFC ₹88.41 ₹69.72 -21%

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Frequently asked questions

Is China 33 Group (8087) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of HK$0.7225 versus a price of HK$2.36, about −69% (overvalued).
What is the fair value of 8087?
Our model-based fair value for China 33 Group is HK$0.7225 (as of Aug 6, 2026), built from audited fundamentals. The current price is HK$2.36.
What is the quality score of 8087?
China 33 Group has a Quality Score of 51/100. 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 China 33 Group (8087)?
China 33 Group reported trailing-twelve-month revenue of about HK$36.2M (latest available figure, as of Aug 6, 2026).
What is the net profit margin of 8087?
The net profit margin of China 33 Group is about -57.2%, 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.

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