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Min Fu International Holding Ltd (8511) Fair Value & Analysis

Technology · HK · Market cap HK$18.4M

MF Min Fu International Holding Ltd 8511 · HK
PriceHK$0.7450
Fair ValueHK$0.2890
Upside-61.2%
Quality21/100
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Weak Growth
Loss-making · -52.7% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 6/100
Evidence: Low Range HK$0.1955 – HK$0.3655 Share as image

Fair value as of: Aug 15, 2026

From 1 valuation models · updated 2 days ago

Share price +4.9% over the past month.

Below-average quality, and screening another 61% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.3655). The favourable scenario is already priced in.
  • Weak quality (21/100) 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$0.1955 to HK$0.3655) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$33.24 HK$0.4000 Fair Value HK$0.2890 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range HK$0.4000 – HK$33.24 · fair‑value band HK$0.1955 – HK$0.3655 · the HK$0.7450 price screens above the HK$0.2890 fair value. Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Min Fu International Holding Ltd (8511) currently trades at HK$0.7450, while our model-based Fair Value estimate is HK$0.2890, implying the stock looks roughly 61.2% overvalued today. The Quality Score stands at 21/100 (below-average quality), in the Technology 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, Min Fu International Holding Ltd generated revenue of HK$32.3M at a net margin of -52.7%. Revenue grew 32.7% year over year. Fundamentals as of Aug 15, 2026

Our scenario range runs from HK$0.1955 (bear case) to HK$0.3655 (bull case); at HK$0.7450, 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 57% below its 52-week high and 24% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -46% fair-value upside, at -61%, 8511 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$0.1700 HK$0.2300 HK$0.3400 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$0.1700 HK$0.2300 HK$0.3400 50

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Key figures & financial health

Revenue (TTM) HK$32.3M
Revenue growth (YoY) +32.7%
Net margin -52.7%
Return on equity -117%
Free cash flow −HK$17.9M FY2025
Operating margin 2.7%
More key figures
EPS (TTM) HK$-0.7100
EPS growth (YoY) -13.9%
Net cash HK$223K FY2025

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 21/100

Of which business quality 23 · Market factors (momentum, volatility) 20

Profitability 18
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 8
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

Min Fu International Holding Limited, an investment holding company, engages in the smart manufacturing solutions and burial business in the People's Republic of China. It operates in Equipment Manufacturing Business and Burial Business segments.

Full company description

Min Fu International Holding Limited, an investment holding company, engages in the smart manufacturing solutions and burial business in the People's Republic of China. It operates in Equipment Manufacturing Business and Burial Business segments. The company sells equipment; offers digital smart worship ancestors and relevant technical services; and provides agency services for sale of burial plots and columbarium units, as well as offers other burial related services. It also provides high-end precision 3D testing and precision machining solutions to various customers in aviation, aerospace, shipbuilding, ground transportation vehicles, and electronic industries. The company was formerly known as Zhicheng Technology Group Ltd. and changed its name to Min Fu International Holding Limited in April 2022. Min Fu International Holding Limited was founded in 2008 and is based in Causeway Bay, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Min Fu International Holding Ltd reported revenue of HK$27.8M in FY2025 versus HK$40.0M in FY2021, a compound −8.6%/yr. Reported net income was −HK$27.3M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$27.8M
Latest YoY
−65.4%
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.
−4.1%
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.
−12.7%
Avg. growth/yr (9Y) 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.
+0.8%
Revenue −8.6%/yr
FY21 HK$40.0M
FY22 HK$31.5M
FY23 HK$32.0M
FY24 HK$80.5M
FY25 HK$27.8M
Net income
FY21 −HK$3.3M
FY22 −HK$9.2M
FY23 −HK$28.4M
FY24 −HK$20.1M
FY25 −HK$27.3M

8511 screens 61% overvalued. Compare with Keysight Technologies, Inc →

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Cite: Fair Value Calculator (2026). "Min Fu International Holding Ltd Fair Value". https://www.fairvalue-calculator.com/stock/8511

Peer Group

Scientific & Technical Instruments · 168 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 23 · Bottom 25%
Fair Value upside −61% · Below median
Return on assets -27% · Bottom 25%
Net margin (TTM) -53% · Bottom 25%
Operating margin (TTM) 3% · Below median
Revenue growth 33% · Top 25%

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/B 0.26× · Cheaper than 75% of peers
P/S (TTM) 0.07× · 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 0 · sector 0
FUTURE 100 · sector 26
PAST 0 · sector 23
HEALTH 100 · sector 98
DIVIDEND 0 · sector 20

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 Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

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Keysight Technologies, Inc KEYS $354.50 $107.22 -70%
Garmin Ltd GRMN $309.98 $139.44 -55%
Teledyne Technologies Incorporated TDY $686.49 $488.95 -29%
Chroma ATE Inc 2360 2,195 TWD 322.57 TWD -85%
Hexagon AB HEXAB kr 95.06 kr 73.99 -22%
MKS Inc MKSI $294.38 $76.00 -74%
AVIC Chengdu Aircraft Company 302132 ¥57.89 ¥34.47 -40%
Fortive Corporation FTV $61.54 $33.48 -46%
Trimble Inc TRMB $57.98 $34.12 -41%
Cognex Corporation CGNX $60.67 $19.25 -68%

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Frequently asked questions

Is Min Fu International Holding Ltd (8511) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of HK$0.2890 versus a price of HK$0.7450, about −61% (overvalued).
What is the fair value of 8511?
Our model-based fair value for Min Fu International Holding Ltd is HK$0.2890 (as of Aug 15, 2026), built from audited fundamentals. The current price is HK$0.7450.
What is the quality score of 8511?
Min Fu International Holding Ltd has a Quality Score of 21/100. 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 Min Fu International Holding Ltd (8511)?
Min Fu International Holding Ltd reported trailing-twelve-month revenue of about HK$32.3M (latest available figure, as of Aug 15, 2026).
What is the net profit margin of 8511?
The net profit margin of Min Fu International Holding Ltd is about -52.7%, 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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