EN DE

Lapco Holdings (8472) Fair Value & Analysis

Industrials · HK · Market cap HK$21.5M

LH Lapco Holdings 8472 · HK
PriceHK$0.2900
Fair ValueHK$0.3230
Upside+11.4%
Quality30/100
Watch Lapco Holdings for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -3.5% net margin
Low debt · negative free cash flow
Trails peers (3/9)
Narrow moat 9/100
Evidence: Low Range HK$0.3230 – HK$0.3315 Share as image

Fair value as of: Aug 6, 2026

From 3 valuation models · updated 4 days ago

Share price +7.4% over the past month.

Below-average quality, screening 11% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$0.3230). The market is more pessimistic than our downside scenario.
  • The models converge in a tight band (HK$0.3230 to HK$0.3315), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$43.76 HK$0.1650 Fair Value HK$0.3230 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$0.1650 – HK$43.76 · fair‑value band HK$0.3230 – HK$0.3315 · the HK$0.2900 price screens below the HK$0.3230 fair value. Dashed = 300-day average. As of Aug 6, 2026.

Full chart & analysis →

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

Analysis

Lapco Holdings (8472) currently trades at HK$0.2900, while our model-based Fair Value estimate is HK$0.3230, implying the stock looks roughly 11.4% undervalued today. The Quality Score stands at 30/100 (below-average 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: low), always confirm before acting.

Over the trailing twelve months, Lapco Holdings generated revenue of HK$254M at a net margin of -3.5%. Revenue grew 0.7% year over year. It earns a return on equity of -6.1%. The balance sheet holds a net cash position of HK$41.9M. Fundamentals as of Aug 6, 2026

Our scenario range runs from HK$0.3230 (bear case) to HK$0.3315 (bull case); at HK$0.2900, 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 68% below its 52-week high and 77% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -40% fair-value upside, at 11%, 8472 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
EV/EBITDA HK$0.4800 HK$0.4800 HK$0.4900 54
NCAV (Graham) HK$0.6200 HK$0.8300 HK$1.24 50
Owner Earnings HK$1.03 HK$1.18 HK$1.42 31
All 3 models by family
DCF Models
Owner Earnings HK$1.03 HK$1.18 HK$1.42 31
Multiples
EV/EBITDA HK$0.4800 HK$0.4800 HK$0.4900 54
Asset-Based
NCAV (Graham) HK$0.6200 HK$0.8300 HK$1.24 50

Widest divergence: DCF Models (HK$1.18) versus Multiples (HK$0.4800). Highest evidence: EV/EBITDA (54).

Notify me when 8472 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$254M
Revenue growth (YoY) +0.7%
Net margin -3.5%
Return on equity -6.1%
Free cash flow −HK$13.6M FY2025
Operating margin -6.3%
More key figures
EPS (TTM) HK$-0.0300
EPS growth (YoY) -75.5%
Net cash HK$41.9M FY2025

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

Quality Score breakdown

Overall quality 30/100

Of which business quality 36 · Market factors (momentum, volatility) 19

Profitability 22
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 22
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 6
Price trend over the last 3–12 months (market factor)
52W Momentum 14
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

Lapco Holdings Limited, an investment holding company, provides environmental hygiene services in Hong Kong. It offers cleaning, pest management, waste management and recycling, landscaping, and online game integrated services. The company serves government departments, property management companies, and other corporations in the private sector.

Full company description

Lapco Holdings Limited, an investment holding company, provides environmental hygiene services in Hong Kong. It offers cleaning, pest management, waste management and recycling, landscaping, and online game integrated services. The company serves government departments, property management companies, and other corporations in the private sector. Lapco Holdings Limited was founded in 1990 and is headquartered in Kowloon Bay, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lapco Holdings reported revenue of HK$254M in FY2025 versus HK$766M in FY2021, a compound −24.1%/yr. Reported net income was −HK$8.8M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$254M
Latest YoY
−55.8%
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.
−36.0%
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 (10Y) 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.
−3.5%
Revenue −24.1%/yr
FY21 HK$766M
FY22 HK$966M
FY23 HK$949M
FY24 HK$573M
FY25 HK$254M
Net income
FY21 HK$5.4M
FY22 HK$20.3M
FY23 HK$14.1M
FY24 HK$3.4M
FY25 −HK$8.8M
Character of growth · EPS growth decomposed (2015-2025) +19.7 % p.a.
Revenue per share +35.7 pp

of which total revenue +8.9 pp · buybacks/dilution +26.7 pp

EBIT margin −14.7 pp
Tax rate −0.8 pp
Residual (interest, one-offs) −0.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch 8472: 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). "Lapco Holdings Fair Value". https://www.fairvalue-calculator.com/stock/8472

Peer Group

Waste Management · 166 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 30 · Bottom 25%
Fair Value upside +11% · Above median
Return on assets -6% · Bottom 25%
Net margin (TTM) -3% · Bottom 25%
Operating margin (TTM) -6% · Bottom 25%
Revenue growth 1% · Below median

Valuation Multiples vs Waste Management median · lower = cheaper

P/S (TTM) 0.01× · 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 49 · sector 8
FUTURE 4 · sector 22
PAST 0 · sector 25
HEALTH 100 · sector 81
DIVIDEND 0 · sector 30

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

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $233.33 $128.02 -45%
Republic Services, Inc RSG $219.20 $122.01 -44%
Waste Connections, Inc WCN C$242.43 C$78.67 -68%
Veolia Environnement SA VIE €37.51 €24.50 -35%
Clean Harbors, Inc CLH $303.64 $155.37 -49%
GFL Environmental Inc GFL C$55.40 C$94.12 +70%
Fomento de Construcciones y Contratas, S.A FCC €12.20 €7.30 -40%
GEM Co 002340 ¥6.32 ¥5.27 -17%
Zhejiang Weiming Environment Protection Co 603568 ¥16.18 ¥20.91 +29%
Cleanaway Waste Management Limited CWY A$2.34 A$1.18 -50%

Compare Lapco Holdings with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials 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 Lapco Holdings (8472) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of HK$0.3230 versus a price of HK$0.2900, about +11% (undervalued).
What is the fair value of 8472?
Our model-based fair value for Lapco Holdings is HK$0.3230 (as of Aug 6, 2026), built from audited fundamentals. The current price is HK$0.2900.
What is the quality score of 8472?
Lapco Holdings 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 Lapco Holdings (8472)?
Lapco Holdings reported trailing-twelve-month revenue of about HK$254M (latest available figure, as of Aug 6, 2026).
What is the net profit margin of 8472?
The net profit margin of Lapco Holdings is about -3.5%, 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 Lapco Holdings 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.