WAC Holdings Ltd (8619) Fair Value & Analysis
Industrials · HK · Market cap HK$27.3M
Fair value as of: Aug 13, 2026
From 10 valuation models · updated 3 days ago
Share price −31.0% over the past month.
Below-average quality, screening 20% undervalued on our models.
What matters now
- A fairly wide model range (HK$0.0692 to HK$0.1518) leaves room in how you read the outcome.
- Our model range runs from HK$0.0692 (bear) to HK$0.1518 (bull), base HK$0.0935. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 36/100 (below-average quality) with medium evidence: read the verdict with care.
Price vs Fair Value (5 years)
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$0.0690 – HK$19.65 · fair‑value band HK$0.0692 – HK$0.1518 · the HK$0.0780 price screens below the HK$0.0935 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
WAC Holdings Ltd (8619) currently trades at HK$0.0780, while our model-based Fair Value estimate is HK$0.0935, implying the stock looks roughly 19.9% undervalued today. The Quality Score stands at 36/100 (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: medium), always confirm before acting.
Over the trailing twelve months, WAC Holdings Ltd generated revenue of HK$92.4M at a net margin of 61.9%. Revenue declined 19.9% year over year. It earns a return on equity of 31.4%. The balance sheet holds a net cash position of HK$6.9M. Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$0.0692 (bear case) to HK$0.1518 (bull case); at HK$0.0780, 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 80% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at 20%, 8619 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.
All 10 models by family
Widest divergence: Growth Earnings (HK$0.1624) versus Asset-Based (HK$0.0183). Highest evidence: Growth-Adj P/E (68).
Notify me when 8619 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 37 · Market factors (momentum, volatility) 0
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
NIU Holdings Limited, together with its subsidiaries, provides structural and geotechnical engineering design and consultancy services in Hong Kong, Macau, and the People's Republic of China.
Full company description
NIU Holdings Limited, together with its subsidiaries, provides structural and geotechnical engineering design and consultancy services in Hong Kong, Macau, and the People's Republic of China. The company offers structural engineering services, such as loading calculation and stress design; geotechnical engineering services, including calculation of earth surface conditions and assessment of risks posed by site conditions; civil engineering services, which involve infrastructure works and drainage; and material engineering services, including analyzing the use of and selecting building materials in a construction project, as well as other related services, such as registered structural engineers and authorized persons work in relation to alterations, additions work, and expert services. It also provides slope investigation and improvement projects, site formation, excavation, and lateral support works for residential, office, hotel, commercial, institutional, educational, and industrial developments, as well as construction of new properties and refurbishment/maintenance of existing properties. In addition, the company offers IT solutions and services; procurement of IT products; installation services for IT equipment; computer"aided drawings, design of construction, and back-office support; and equipment rental services. The company was formerly known as King Of Catering (Global) Holdings Ltd. and changed its name to NIU Holdings Limited in June 2025. NIU Holdings Limited was founded in 1987 and is headquartered in Sha Tin, Hong Kong.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
WAC Holdings Ltd reported revenue of HK$104M in FY2025 versus HK$77.3M in FY2021, a compound +7.8%/yr. Reported net income was HK$64.5M in FY2025, compounding +78.8%/yr from FY2021.
Watch 8619: get an alert when its fair value changes →
Peer Group
Engineering & Construction · 837 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.
Valuation Multiples vs Engineering & Construction median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Larsen & Toubro Limited LT | ₹4,020 | ₹1,994 | -50% |
| Samsung C&T Corporation 028260 | 357,500 KRW | 261,411 KRW | -27% |
| Hyundai Engineering & Construction Co 000720 | 113,700 KRW | 61,453 KRW | -46% |
| Samsung E&A Co 028050 | 49,300 KRW | 43,624 KRW | -12% |
| Rail Vikas Nigam Limited RVNL | ₹230.00 | ₹48.92 | -79% |
| Daewoo Engineering & Construction Co 047040 | 18,400 KRW | 6,507 KRW | -65% |
| KEPCO Engineering & Construction Company 052690 | 99,800 KRW | 19,346 KRW | -81% |
| GS Engineering & Construction Corporation 006360 | 35,200 KRW | 23,135 KRW | -34% |
| DL E&C Co 375500 | 73,500 KRW | 148,433 KRW | +102% |
| KEPCO Plant Service & Engineering Co 051600 | 46,350 KRW | 43,924 KRW | -5% |
Compare WAC Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is WAC Holdings Ltd (8619) overvalued or undervalued?
What is the fair value of 8619?
What is the quality score of 8619?
What is the revenue of WAC Holdings Ltd (8619)?
What is the net profit margin of 8619?
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.
Track WAC 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.