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ITE Holdings Ltd (8092) Fair Value & Analysis

Technology · HK · Market cap HK$35.2M

IH ITE Holdings Ltd 8092 · HK
PriceHK$0.0390
Fair ValueHK$0.0426
Upside+9.2%
Quality75/100
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Weak Growth
Solidly profitable · 13.4% net margin
Low debt · generates free cash flow
5.00% dividend yield
Ranks above peers (12/12)
Moderate moat 53/100
Evidence: High Range HK$0.0388 – HK$0.0464 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from HK$0.0417 to HK$0.0426 (+2.1%) since Aug 6, 2026. Share price −2.5% over the past month.

A strong business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from HK$0.0388 (bear) to HK$0.0464 (bull), base HK$0.0426. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 75/100 (high quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

HK$0.0510 HK$0.0173 Fair Value HK$0.0426 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.0173 – HK$0.0510 · fair‑value band HK$0.0388 – HK$0.0464 · the HK$0.0390 price screens below the HK$0.0426 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

ITE Holdings Ltd (8092) currently trades at HK$0.0390, while our model-based Fair Value estimate is HK$0.0426, implying the stock looks roughly 9.2% fairly valued today. The Quality Score stands at 75/100 (high quality), in the Technology 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, ITE Holdings Ltd generated revenue of HK$14.6M at a net margin of 13.4%. Revenue grew 13.5% year over year. It earns a return on equity of 10.1%. The balance sheet holds a net cash position of HK$19.6M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0388 (bear case) to HK$0.0464 (bull case); at HK$0.0390, the current price sits within 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 36% below its 52-week high and 51% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at 9%, 8092 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$0.0400 HK$0.0500 HK$0.0500 80
Residual Income HK$0.0200 HK$0.0200 HK$0.0200 76
Rev-Margin DCF HK$0.0400 HK$0.0400 HK$0.0500 74
All 24 models by family
DCF Models
FCF DCF HK$0.0400 HK$0.0500 HK$0.0500 38
Owner Earnings HK$0.0400 HK$0.0400 HK$0.0500 31
5Y Revenue Exit HK$0.0400 HK$0.0400 HK$0.0500 39
5Y EBITDA Exit HK$0.0400 HK$0.0500 HK$0.0600 41
5Y P/E Exit HK$0.0500 HK$0.0700 HK$0.0800 38
10Y Revenue Exit HK$0.0400 HK$0.0400 HK$0.0400 36
10Y EBITDA Exit HK$0.0400 HK$0.0500 HK$0.0500 37
10Y P/E Exit HK$0.0500 HK$0.0500 HK$0.0600 35
Earnings-Based
Graham-Dodd HK$0.0100 HK$0.0200 HK$0.0200 54
EPV HK$0.0300 HK$0.0300 HK$0.0300 59
Dividend Discount
Gordon GGM HK$0.0100 HK$0.0100 HK$0.0200 70
DDM Multi-Stage HK$0.0100 HK$0.0200 HK$0.0200 61
Multiples
P/E Multiple HK$0.0400 HK$0.0600 HK$0.0700 63
P/S Multiple HK$0.0300 HK$0.0400 HK$0.0400 58
P/B Multiple HK$0.0300 HK$0.0400 HK$0.0400 55
EV/EBIT HK$0.0500 HK$0.0500 HK$0.0600 53
EV/EBITDA HK$0.0500 HK$0.0500 HK$0.0600 54
EV/Revenue HK$0.0300 HK$0.0400 HK$0.0400 43
Asset-Based
NCAV (Graham) HK$0.0100 HK$0.0100 HK$0.0200 50
Growth DCF
Growth DCF HK$0.0400 HK$0.0500 HK$0.0500 80
Rev-Margin DCF HK$0.0400 HK$0.0400 HK$0.0500 74
Economic Profit
Residual Income HK$0.0200 HK$0.0200 HK$0.0200 76
ROIC Compounder HK$0.0300 HK$0.0300 HK$0.0300 72
Growth Earnings
Growth-Adj P/E HK$0.0300 HK$0.0400 HK$0.0600 68

Widest divergence: DCF Models (HK$0.0500) versus Dividend Discount (HK$0.0100). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$14.6M
Revenue growth (YoY) +13.5%
Net margin 13.4%
Return on equity 10.1%
Free cash flow HK$2.5M FY2026
Operating margin 16.1%
More key figures
Dividend yield 5.0%
EPS growth (YoY) -14.2%
Net cash HK$19.6M FY2026

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

Quality Score breakdown

Overall quality 75/100

Of which business quality 74 · Market factors (momentum, volatility) 46

Profitability 52
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 47
Distance to the 52-week high (market factor)
Net Issuance 82
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

ITE (Holdings) Limited, an investment holding company, provides smartcard systems, radio frequency identification (RFID) products, and information technology (IT) and related services to the public and private sectors in Hong Kong and Macao.

Full company description

ITE (Holdings) Limited, an investment holding company, provides smartcard systems, radio frequency identification (RFID) products, and information technology (IT) and related services to the public and private sectors in Hong Kong and Macao. The company provides total solutions; system integration; project management and implementation; and management, operation, and maintenance services, as well as HOMAC hardware and Intelli software products. It offers smart city information services; harvesting, storage, utilization of smart energy; internet of things products, such as sensors and wireless connections; FinTech and sharing economy; e-payment; identification; access control; automated passage; automated fare collection; vehicle and transport; intelligent facilities; time attendance; assets and materials handling; and precision medicine and engineering solutions. ITE (Holdings) Limited was founded in 1997 and is headquartered in Kowloon, Hong Kong.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

ITE Holdings Ltd reported revenue of HK$14.6M in FY2026 versus HK$32.7M in FY2022, a compound −18.3%/yr. Reported net income was HK$2.0M in FY2026, compounding −24.9%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
HK$14.6M
Latest YoY
+14.7%
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.
−2.9%
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.
−21.8%
Avg. growth/yr (26Y) 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.
−0.5%
Revenue −18.3%/yr
FY22 HK$32.7M
FY23 HK$15.9M
FY24 HK$12.7M
FY25 HK$12.7M
FY26 HK$14.6M
Net income −24.9%/yr
FY22 HK$6.2M
FY23 HK$4.8M
FY24 HK$2.0M
FY25 HK$2.1M
FY26 HK$2.0M

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Cite: Fair Value Calculator (2026). "ITE Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/8092

Peer Group

Communication Equipment · 302 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 75 · Top 25%
Fair Value upside +3% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 14% · Above median
Dividend yield (TTM) 5.0% · Top 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/B 0.23× · Cheaper than 75% of peers
P/S (TTM) 0.31× · Cheaper than 75% of peers
P/FCF 1.8× · Cheaper 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 37 · sector 0
FUTURE 68 · sector 34
PAST 40 · sector 15
HEALTH 99 · sector 98
DIVIDEND 100 · sector 24

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

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $120.43 $61.53 -49%
Zhongji Innolight Co 300308 ¥921.00 ¥171.09 -81%
Foxconn Industrial Internet Co 601138 ¥65.60 ¥28.65 -56%
Eoptolink Technology Inc 300502 ¥429.90 ¥176.99 -59%
Nokia Oyj NOK $10.32 $3.77 -63%
Motorola Solutions, Inc MSI $469.74 $236.33 -50%
Suzhou TFC Optical Communication Co 300394 ¥240.05 ¥43.67 -82%
Accton Technology Corporation 2345 2,270 TWD 1,135 TWD -50%
Telefonaktiebolaget LM Ericsson (publ), ERICB kr 97.78 kr 157.82 +61%
ZTE Corporation 000063 ¥35.59 ¥19.72 -45%

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Frequently asked questions

Is ITE Holdings Ltd (8092) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0426 versus a price of HK$0.0390, about +9% (fairly valued).
What is the fair value of 8092?
Our model-based fair value for ITE Holdings Ltd is HK$0.0426 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0390.
What is the quality score of 8092?
ITE Holdings Ltd has a Quality Score of 75/100. 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 ITE Holdings Ltd (8092)?
ITE Holdings Ltd reported trailing-twelve-month revenue of about HK$14.6M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 8092?
The net profit margin of ITE Holdings Ltd is about 13.4%, meaning it keeps roughly 13.4% of revenue as net income. Based on the latest reported figures.
Does ITE Holdings Ltd pay a dividend?
ITE Holdings Ltd currently shows a dividend yield of about 5.00% 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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