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9680 (9680) Fair Value & Analysis

Industrials · Market cap HK$1.2B

9 9680 9680 · HK
PriceHK$5.99
Fair ValueHK$3.08
Upside-48.6%
Quality39/100
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Evidence: Low Range HK$2.03 – HK$3.85

Fair value as of: Jul 3, 2026

From 1 valuation models · updated today

Share price −23.1% over the past month.

Price vs Fair Value (12 months)

HK$12.37 HK$5.99 Fair Value HK$3.08 Jun 2025 Jul 2026

12‑month range HK$5.99 – HK$12.37 · fair‑value band HK$2.03 – HK$3.85 · the HK$5.99 price screens above the HK$3.08 fair value. As of Jul 3, 2026.

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Analysis

9680 (9680) currently trades at HK$5.99, while our model-based Fair Value estimate is HK$3.08 — implying the stock looks roughly 48.6% overvalued today. We read business quality at 39/100 (below-average quality), in the Industrials 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, 9680 generated revenue of HK$5.3B at a net margin of -5.5%. Revenue grew 153.1% year over year. It earns a return on equity of -30.6%. The balance sheet holds a net cash position of HK$301M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) HK$5.3B
Revenue growth (YoY) +153%
Net margin -5.5%
Return on equity -30.6%
Free cash flow −HK$241M FY2025
Operating margin -4.9%
More key figures
EPS (TTM) HK$-0.6400
Net cash HK$301M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

9680 reported revenue of HK$5.3B in FY2025 versus HK$1.0B in FY2021, a compound +51.1%/yr. Reported net income was −HK$293M in FY2025.

Revenue +51.1%/yr
FY21 HK$1.0B
FY22 HK$1.4B
FY23 HK$2.2B
FY24 HK$2.5B
FY25 HK$5.3B
Net income
FY21 −HK$685M
FY22 −HK$627M
FY23 −HK$693M
FY24 −HK$564M
FY25 −HK$293M

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Similar stocks

6 more Rental & Leasing Services stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
United Rentals, Inc URI $1,056 $331.29 -69%
Sunbelt Rentals Holdings SUNB $76.43 $38.17 -50%
AerCap Holdings AER $146.85 $301.51 +105%
Ayvens ALLDF $14.00 $15.71 +12%
U-Haul Holding UHAL $62.38 $10.16 -84%
Ryder System, Inc R $263.36 $111.17 -58%

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Frequently asked questions

Is 9680 (9680) undervalued?
As of Jul 3, 2026, our model estimates a fair value of HK$3.08 versus a price of HK$5.99 — about −49% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 9680?
Our model-based fair value for 9680 is HK$3.08 (as of Jul 3, 2026), built from audited fundamentals. The current price is HK$5.99.
What is the quality score of 9680?
9680 has a Quality Score of 39/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 9680 (9680)?
9680 reported trailing-twelve-month revenue of about HK$5.3B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 9680?
The net profit margin of 9680 is about -5.5%, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.