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Directel Holdings Ltd (8337) Fair Value & Analysis

Communication Services · HK · Market cap HK$24.7M

DH Directel Holdings Ltd 8337 · HK
PriceHK$0.1290
Fair ValueHK$0.0850
Upside-34.1%
Quality30/100
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Weak Growth
Loss-making · -18.6% net margin
negative free cash flow
Trails peers (3/10)
Narrow moat 0/100
Evidence: Low Range HK$0.0510 – HK$0.1020 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 3 days ago

Share price +26.5% over the past month.

Below-average quality, and screening another 34% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (HK$0.1020). The favourable scenario is already priced in.
  • Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (HK$0.0510 to HK$0.1020) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$0.4500 HK$0.0530 Fair Value HK$0.0850 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$0.0530 – HK$0.4500 · fair‑value band HK$0.0510 – HK$0.1020 · the HK$0.1290 price screens above the HK$0.0850 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Directel Holdings Ltd (8337) currently trades at HK$0.1290, while our model-based Fair Value estimate is HK$0.0850, implying the stock looks roughly 34.1% overvalued today. The Quality Score stands at 30/100 (below-average quality), in the Communication 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, Directel Holdings Ltd generated revenue of HK$48.3M at a net margin of -18.6%. Revenue declined 63.4% year over year. It earns a return on equity of -29.6%. The balance sheet holds a net cash position of HK$17.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0510 (bear case) to HK$0.1020 (bull case); at HK$0.1290, 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 about 15% below its 52-week high and 39% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 30% fair-value upside, at -34%, 8337 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
NCAV (Graham) HK$0.0500 HK$0.0700 HK$0.1100 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$0.0500 HK$0.0700 HK$0.1100 50

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Key figures & financial health

Revenue (TTM) HK$48.3M
Revenue growth (YoY) -63.4%
Net margin -18.6%
Return on equity -29.6%
Free cash flow −HK$7.8M FY2025
Operating margin -18.8%
More key figures
EPS (TTM) HK$-0.0200
Net cash HK$17.4M FY2025

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

Quality Score breakdown

Overall quality 30/100

Of which business quality 34 · Market factors (momentum, volatility) 44

Profitability 22
Margins and returns on capital today
Quality Growth 10
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 26
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 56
Distance to the 52-week high (market factor)
Net Issuance 0
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

Directel Holdings Limited, an investment holding company, provides mobile telecommunication and telecommunications value-added services in Hong Kong, Mainland China, and Singapore. The company operates through two segments, Telecommunications Services and Distribution Business.

Full company description

Directel Holdings Limited, an investment holding company, provides mobile telecommunication and telecommunications value-added services in Hong Kong, Mainland China, and Singapore. The company operates through two segments, Telecommunications Services and Distribution Business. It is involved in the trading of airtime sourced from mobile network operators, including prepaid SIM cards and recharge vouchers, through several different channels; and provision of services for the resale of airtime and mobile data, telesales dealership, and other services. The company also engages in distributing mobile phones and electronic products. Directel Holdings Limited was incorporated in 2009 and is headquartered in Hong Kong, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Directel Holdings Ltd reported revenue of HK$48.3M in FY2025 versus HK$150M in FY2021, a compound −24.7%/yr. Reported net income was −HK$9.0M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$48.3M
Latest YoY
−64.9%
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.
−31.8%
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.
−25.7%
Avg. growth/yr (18Y) 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.
−0.7%
Revenue −24.7%/yr
FY21 HK$150M
FY22 HK$152M
FY23 HK$151M
FY24 HK$137M
FY25 HK$48.3M
Net income
FY21 −HK$14.2M
FY22 −HK$12.3M
FY23 −HK$9.9M
FY24 −HK$8.1M
FY25 −HK$9.0M

8337 screens 34% overvalued. Compare with China Mobile Limited →

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Cite: Fair Value Calculator (2026). "Directel Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/8337

Peer Group

Telecom Services · 253 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 34 · Bottom 25%
Fair Value upside −34% · Below median
Return on assets -16% · Bottom 25%
Net margin (TTM) -19% · Bottom 25%
Operating margin (TTM) -19% · Bottom 25%
Revenue growth -63% · Bottom 25%

Valuation Multiples vs Telecom Services median · lower = cheaper

P/B 0.12× · Cheaper than 75% of peers
P/S (TTM) 0.07× · Cheaper than 75% of peers
PEG 0.24× · Cheaper than 75% of peers

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

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥96.11 ¥109.88 +14%
Bharti Airtel Limited BHARTIARTL ₹1,945 ₹941.55 -52%
China Telecom Corporation 601728 ¥6.43 ¥8.36 +30%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 494.99 MXN +91%
Advanced Info Service Public Company ADVANC 374.00 THB 286.77 THB -23%
Chunghwa Telecom Co 2412 136.00 TWD 100.00 TWD -26%
Telefónica, S.A TEFN 75.67 MXN 108.96 MXN +44%
TLKM TLKM 2,590 IDR 3,898 IDR +50%
PT Indoritel Makmur Internasional Tbk., DNET 9,500 IDR 1,503 IDR -84%

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Frequently asked questions

Is Directel Holdings Ltd (8337) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0850 versus a price of HK$0.1290, about −34% (overvalued).
What is the fair value of 8337?
Our model-based fair value for Directel Holdings Ltd is HK$0.0850 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.1290.
What is the quality score of 8337?
Directel Holdings Ltd has a Quality Score of 30/100. 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 Directel Holdings Ltd (8337)?
Directel Holdings Ltd reported trailing-twelve-month revenue of about HK$48.3M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 8337?
The net profit margin of Directel Holdings Ltd is about -18.6%, 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.

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