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Guangdong Syntrust Gk Co Ltd (8629) Fair Value & Analysis

Industrials · HK · Market cap HK$271M

GS Guangdong Syntrust Gk Co Ltd 8629 · HK
PriceHK$8.50
Fair ValueHK$14.24
Upside+67.5%
Quality57/100
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Expensive Growth
Highly profitable · 25.0% net margin
generates free cash flow
2.25% dividend yield
Ranks above peers (10/13)
Wide moat 76/100
Evidence: Medium Range HK$7.53 – HK$17.80 Share as image

Fair value as of: Aug 13, 2026

From 25 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from HK$14.23 to HK$14.24 (+0.1%) since Aug 6, 2026. Share price +6.4% over the past month.

A solid business, screening 68% undervalued on our models.

What matters now

  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (HK$7.53 to HK$17.80) leaves room in how you read the outcome.
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Price vs Fair Value (23 months)

HK$10.41 HK$5.96 Fair Value HK$14.24 Sep 2024 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

23‑month range HK$5.96 – HK$10.41 · fair‑value band HK$7.53 – HK$17.80 · the HK$8.50 price screens below the HK$14.24 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Guangdong Syntrust Gk Co Ltd (8629) currently trades at HK$8.50, while our model-based Fair Value estimate is HK$14.24, implying the stock looks roughly 67.5% undervalued today. The Quality Score stands at 57/100 (solid 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, Guangdong Syntrust Gk Co Ltd generated revenue of HK$81.4M at a net margin of 25.0%. Revenue grew 73.9% year over year. It earns a return on equity of 11.6%. The balance sheet holds a net cash position of HK$55.6M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$7.53 (bear case) to HK$17.80 (bull case); at HK$8.50, 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 11% below its 52-week high and 69% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at 68%, 8629 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
Residual Income HK$4.53 HK$4.84 HK$5.39 76
Growth DCF HK$3.02 HK$3.03 HK$3.04 72
Gordon GGM HK$1.02 HK$1.70 HK$2.21 70
All 25 models by family
DCF Models
FCF DCF HK$3.02 HK$3.03 HK$3.05 38
Owner Earnings HK$5.10 HK$7.13 HK$10.67 31
5Y Revenue Exit HK$5.04 HK$7.12 HK$11.51 39
5Y EBITDA Exit HK$9.74 HK$16.59 HK$30.08 41
5Y P/E Exit HK$8.94 HK$18.23 HK$31.20 38
10Y Revenue Exit HK$4.18 HK$6.75 HK$8.74 36
10Y EBITDA Exit HK$7.21 HK$15.37 HK$30.50 37
10Y P/E Exit HK$6.72 HK$13.90 HK$26.35 35
Earnings-Based
Graham-Dodd HK$3.97 HK$27.65 HK$38.81 54
Lynch FV HK$14.29 HK$20.41 HK$26.53 50
PEG = 1.0 HK$14.29 HK$20.41 HK$26.53 46
EPV HK$7.67 HK$8.23 HK$8.69 59
Dividend Discount
Gordon GGM HK$1.02 HK$1.70 HK$2.21 70
DDM Multi-Stage HK$1.02 HK$1.62 HK$1.83 61
Multiples
P/E Multiple HK$9.18 HK$12.25 HK$15.31 63
P/S Multiple HK$3.50 HK$4.67 HK$5.84 58
P/B Multiple HK$7.43 HK$9.91 HK$12.39 55
EV/EBIT HK$13.71 HK$17.29 HK$20.86 53
EV/EBITDA HK$13.42 HK$16.89 HK$20.36 54
EV/Revenue HK$5.94 HK$7.20 HK$8.46 43
Asset-Based
NCAV (Graham) HK$2.86 HK$3.83 HK$5.72 50
Growth DCF
Growth DCF HK$3.02 HK$3.03 HK$3.04 72
Economic Profit
Residual Income HK$4.53 HK$4.84 HK$5.39 76
ROIC Compounder HK$8.81 HK$11.30 HK$12.78 67
Growth Earnings
Growth-Adj P/E HK$18.69 HK$26.69 HK$34.70 68

Widest divergence: Growth Earnings (HK$26.69) versus Dividend Discount (HK$1.62). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$81.4M
Revenue growth (YoY) +73.9%
Net margin 25.0%
Return on equity 11.6%
Free cash flow HK$54.5K FY2025
P/E ratio 11.6 as of Jul 3, 2026
More key figures
Operating margin 45.2%
EPS (TTM) HK$0.0400
Dividend yield 2.3%
EPS growth (YoY) +87.8%
Net cash HK$55.6M FY2025

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 39

Profitability 48
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 54
Distance to the 52-week high (market factor)
Net Issuance 82
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

Guangdong Syntrust GK Testing and Certification Tech Service Center Co., Ltd. provides construction engineering testing and inspection services in the People's Republic of China.

Full company description

Guangdong Syntrust GK Testing and Certification Tech Service Center Co., Ltd. provides construction engineering testing and inspection services in the People's Republic of China. The company offers testing services for foundations, building structures, construction materials, highway and water transport engineering, infrastructure and public roads, products and materials, environment, and housing appraisal products. It also provides inspection services for slopes, foundation fit monitoring, and water conservancy projects; and food and agricultural testing services. In addition, the company offers motor vehicle and hydraulic engineering testing services, fire protection technical services, and safety assessment services. It serves private and public sector entities, such as property developers and construction companies, state-owned investment companies, government institutions, and government administrative bureaus. The company was formerly known as Xinyi Xince Testing and Certification Technology Service Center Co., Ltd. and changed its name to Guangdong Syntrust GK Testing and Certification Tech Service Center Co., Ltd. in October 2023. Guangdong Syntrust GK Testing and Certification Tech Service Center Co., Ltd. was founded in 2000 and is headquartered in Xinyi, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangdong Syntrust Gk Co Ltd reported revenue of HK$79.3M in FY2025 versus HK$39.8M in FY2021, a compound +18.8%/yr. Reported net income was HK$19.8M in FY2025, compounding +2.8%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$79.3M
Latest YoY
+43.4%
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.
+58.3%
Revenue +18.8%/yr
FY21 HK$39.8M
FY22 HK$20.0M
FY23 HK$41.5M
FY24 HK$55.3M
FY25 HK$79.3M
Net income +2.8%/yr
FY21 HK$17.7M
FY22 HK$2.9M
FY23 HK$13.3M
FY24 HK$16.3M
FY25 HK$19.8M

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Cite: Fair Value Calculator (2026). "Guangdong Syntrust Gk Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/8629

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.

Quality Score 57 · Above median
Fair Value upside +68% · Top 25%
Return on equity (TTM) 12% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) 45% · Top 25%
Revenue growth 74% · Top 25%
Dividend yield (TTM) 2.3% · Above median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 11.6× · Cheaper than median
P/B 1.40× · Pricier than median
P/S (TTM) 3.33× · Pricier than 75% of peers
P/FCF 633.2× · Pricier than 75% of peers
EV/EBITDA 4.9× · Cheaper than median

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 100 · sector 14
FUTURE 100 · sector 15
PAST 46 · sector 26
HEALTH 0 · sector 94
DIVIDEND 45 · sector 43

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 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%

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Frequently asked questions

Is Guangdong Syntrust Gk Co Ltd (8629) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$14.24 versus a price of HK$8.50, about +68% (undervalued).
What is the fair value of 8629?
Our model-based fair value for Guangdong Syntrust Gk Co Ltd is HK$14.24 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$8.50.
What is the quality score of 8629?
Guangdong Syntrust Gk Co Ltd has a Quality Score of 57/100. 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 Guangdong Syntrust Gk Co Ltd (8629)?
Guangdong Syntrust Gk Co Ltd reported trailing-twelve-month revenue of about HK$81.4M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 8629?
The net profit margin of Guangdong Syntrust Gk Co Ltd is about 25.0%, meaning it keeps roughly 25.0% of revenue as net income. Based on the latest reported figures.
Does Guangdong Syntrust Gk Co Ltd pay a dividend?
Guangdong Syntrust Gk Co Ltd currently shows a dividend yield of about 2.25% relative to its recent price (as of Aug 13, 2026).

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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