EN DE

PF Group Holdings Ltd (8221) Fair Value & Analysis

Financial Services · HK · Market cap HK$104M

PG PF Group Holdings Ltd 8221 · HK
PriceHK$1.65
Fair ValueHK$1.86
Upside+12.7%
Quality39/100
Watch PF Group Holdings Ltd for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Loss-making · -56.6% net margin
Low debt · negative free cash flow
Trails peers (3/10)
Narrow moat 12/100
Evidence: Low Range HK$1.23 – HK$2.32 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 3 days ago

Share price −18.7% over the past month.

Below-average quality, screening 13% undervalued on our models.

What matters now

  • A fairly wide model range (HK$1.23 to HK$2.32) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$4.35 HK$0.5500 Fair Value HK$1.86 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$0.5500 – HK$4.35 · fair‑value band HK$1.23 – HK$2.32 · the HK$1.65 price screens below the HK$1.86 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

PF Group Holdings Ltd (8221) currently trades at HK$1.65, while our model-based Fair Value estimate is HK$1.86, implying the stock looks roughly 12.7% undervalued today. The Quality Score stands at 39/100 (below-average quality), in the Financial 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: low), always confirm before acting.

Over the trailing twelve months, PF Group Holdings Ltd generated revenue of HK$17.9M at a net margin of -56.6%. Revenue declined 21.7% year over year. It earns a return on equity of -7.2%. Net debt stands at HK$26.9M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$1.23 (bear case) to HK$2.32 (bull case); at HK$1.65, 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 38% below its 52-week high and 114% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -22% fair-value upside, at 13%, 8221 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
NCAV (Graham) HK$1.42 HK$1.90 HK$2.84 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$1.42 HK$1.90 HK$2.84 50

Notify me when 8221 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) HK$17.9M
Revenue growth (YoY) -21.7%
Net margin -56.6%
Return on equity -7.2%
Free cash flow −HK$9.3M FY2025
Operating margin -73.4%
More key figures
EPS (TTM) HK$-0.1600
EPS growth (YoY) -94.0%
Net debt HK$26.9M FY2026

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

Quality Score breakdown

Overall quality 39/100

Of which business quality 38 · Market factors (momentum, volatility) 66

Profitability 3
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 71
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

Gaoyu Finance Group Limited, an investment holding company, provides financial services in Hong Kong. The company offers securities dealing and brokerage services; placing and underwriting services; financing services, including loan financing, securities and initial public offering margin financing, and money lending; asset management; supply chain …

Full company description

Gaoyu Finance Group Limited, an investment holding company, provides financial services in Hong Kong. The company offers securities dealing and brokerage services; placing and underwriting services; financing services, including loan financing, securities and initial public offering margin financing, and money lending; asset management; supply chain financing; trust; and advisory services. It also provides open-ended fund and supply chain services. The company was formerly known as PF Group Holdings Limited and changed its name to Gaoyu Finance Group Limited in December 2023. The company was founded in 1988 and is headquartered in Central, Hong Kong. Gaoyu Finance Group Limited is a subsidiary of Chance Wise Investments Limited.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

PF Group Holdings Ltd reported revenue of HK$25.5M in FY2026 versus HK$7.4M in FY2022, a compound +36.0%/yr. Reported net income was −HK$10.1M in FY2026.

Growth Quality 27/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
HK$25.5M
Latest YoY
−15.3%
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.
+22.8%
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.
+9.2%
Avg. growth/yr (12Y) 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.
−6.1%
Revenue +36.0%/yr
FY22 HK$7.4M
FY23 HK$13.8M
FY24 HK$23.6M
FY25 HK$30.1M
FY26 HK$25.5M
Net income
FY22 −HK$24.8M
FY23 −HK$9.5M
FY24 HK$8.9M
FY25 −HK$12.9M
FY26 −HK$10.1M

Watch 8221: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "PF Group Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/8221

Peer Group

Capital Markets · 423 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 39 · Bottom 25%
Fair Value upside +13% · Above median
Return on assets -4% · Bottom 25%
Net margin (TTM) -57% · Bottom 25%
Operating margin (TTM) -73% · Bottom 25%
Revenue growth -22% · Bottom 25%
Debt / equity 0.25× · Higher than median

Valuation Multiples vs Capital Markets median · lower = cheaper

P/B 0.10× · Cheaper than 75% of peers
P/S (TTM) 0.74× · 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 50 · sector 14
FUTURE 0 · sector 96
PAST 0 · sector 30
HEALTH 87 · sector 93
DIVIDEND 0 · sector 42

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

Stock Price Fair Value vs Fair Value
Mirae Asset Securities Co 006800 38,050 KRW 18,009 KRW -53%
Meritz Financial Group 138040 118,600 KRW 52,717 KRW -56%
Korea Investment Holdings 071050 200,500 KRW 189,335 KRW -6%
NH Investment & Securities Co 005940 28,550 KRW 22,396 KRW -22%
Samsung Securities Co 016360 93,100 KRW 75,573 KRW -19%
Kiwoom Securities Co 039490 299,000 KRW 214,812 KRW -28%
SSI Securities Corporation SSI 25,300 VND 17,375 VND -31%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 294.30 ARS -6%
Daishin Securities Co 003540 26,950 KRW 48,790 KRW +81%
SK Securities Co 001515 4,285 KRW 1,395 KRW -67%

Compare PF Group Holdings Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PF Group Holdings Ltd (8221) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.86 versus a price of HK$1.65, about +13% (undervalued).
What is the fair value of 8221?
Our model-based fair value for PF Group Holdings Ltd is HK$1.86 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$1.65.
What is the quality score of 8221?
PF Group Holdings Ltd has a Quality Score of 39/100. 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 PF Group Holdings Ltd (8221)?
PF Group Holdings Ltd reported trailing-twelve-month revenue of about HK$17.9M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 8221?
The net profit margin of PF Group Holdings Ltd is about -56.6%, 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.

14 days Pro free · no card

Track PF Group Holdings Ltd and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.