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Rongta Tech (Xiamen) Grp Co (9881) Fair Value & Analysis

Technology · HK · Market cap HK$1.7B

RT Rongta Tech (Xiamen) Grp Co 9881 · HK
PriceHK$17.70
Fair ValueHK$5.55
Upside-68.6%
Quality68/100
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Weak Growth
Thin margins · 6.2% net margin
Low debt · generates free cash flow
Trails peers (2/14)
Narrow moat 16/100
Evidence: Medium Range HK$3.80 – HK$9.15 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from HK$5.54 to HK$5.55 (+0.2%) since Aug 6, 2026.

A solid business, but screening 69% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (HK$9.15). The favourable scenario is already priced in.
  • Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (HK$3.80 to HK$9.15) leaves room in how you read the outcome.
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Price vs Fair Value (14 months)

HK$26.46 HK$8.93 Fair Value HK$5.55 Jun 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.

How to read this chart

14‑month range HK$8.93 – HK$26.46 · fair‑value band HK$3.80 – HK$9.15 · the HK$17.70 price screens above the HK$5.55 fair value. As of Aug 13, 2026.

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Analysis

Rongta Tech (Xiamen) Grp Co (9881) currently trades at HK$17.70, while our model-based Fair Value estimate is HK$5.55, implying the stock looks roughly 68.6% overvalued today. The Quality Score stands at 68/100 (solid 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: medium).

Over the trailing twelve months, Rongta Tech (Xiamen) Grp Co generated revenue of HK$333M at a net margin of 6.2%. Revenue declined 10.4% year over year. Net debt stands at HK$81.7M. The stock trades on a trailing P/E of 70.8 (as of Jul 3, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$3.80 (bear case) to HK$9.15 (bull case); at HK$17.70, 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 36% below its 52-week high and 119% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -65% fair-value upside, at -69%, 9881 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
Growth DCF HK$3.08 HK$4.02 HK$5.47 80
Residual Income HK$2.63 HK$3.25 HK$9.07 76
Rev-Margin DCF HK$3.42 HK$5.25 HK$7.50 74
All 24 models by family
DCF Models
FCF DCF HK$2.98 HK$3.96 HK$5.62 38
Owner Earnings HK$2.57 HK$3.44 HK$4.90 31
5Y Revenue Exit HK$3.42 HK$5.17 HK$7.71 39
5Y EBITDA Exit HK$3.37 HK$5.08 HK$7.35 41
5Y P/E Exit HK$4.19 HK$6.50 HK$9.25 38
10Y Revenue Exit HK$3.10 HK$4.30 HK$5.58 36
10Y EBITDA Exit HK$3.17 HK$4.25 HK$5.39 37
10Y P/E Exit HK$3.63 HK$5.05 HK$6.41 35
Earnings-Based
Graham-Dodd HK$3.37 HK$4.12 HK$4.63 54
EPV HK$3.26 HK$3.74 HK$4.14 59
Dividend Discount
Gordon GGM HK$2.58 HK$2.78 HK$3.08 70
DDM Multi-Stage HK$2.58 HK$3.08 HK$3.71 61
Multiples
P/E Multiple HK$6.32 HK$8.42 HK$10.53 63
P/S Multiple HK$4.72 HK$6.29 HK$7.86 58
P/B Multiple HK$4.15 HK$5.53 HK$6.91 55
EV/EBIT HK$5.60 HK$7.56 HK$9.52 53
EV/EBITDA HK$4.34 HK$5.87 HK$7.41 54
EV/Revenue HK$4.12 HK$6.01 HK$7.90 43
Asset-Based
NCAV (Graham) HK$0.9200 HK$1.23 HK$1.84 50
Growth DCF
Growth DCF HK$3.08 HK$4.02 HK$5.47 80
Rev-Margin DCF HK$3.42 HK$5.25 HK$7.50 74
Economic Profit
Residual Income HK$2.63 HK$3.25 HK$9.07 76
ROIC Compounder HK$3.26 HK$3.86 HK$4.44 72
Growth Earnings
Growth-Adj P/E HK$4.50 HK$6.43 HK$8.36 68

Widest divergence: Growth Earnings (HK$6.43) versus Asset-Based (HK$1.23). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$333M
Revenue growth (YoY) -10.4%
Net margin 6.2%
Free cash flow HK$38.0M FY2024
P/E ratio 70.8 as of Jul 3, 2026
Operating margin -5.4%
More key figures
EPS (TTM) HK$-0.0800
Net debt HK$81.7M FY2024

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

Quality Score breakdown

Overall quality 68/100

Of which business quality 71 · Market factors (momentum, volatility) 49

Profitability 72
Margins and returns on capital today
Quality Growth 77
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 15
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 80
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

Rongta Technology (Xiamen) Group Co., Ltd. designs, research, develops, manufactures, markets, and sells automatic identification and data capture (AIDC) devices and solutions.

Full company description

Rongta Technology (Xiamen) Group Co., Ltd. designs, research, develops, manufactures, markets, and sells automatic identification and data capture (AIDC) devices and solutions. It offers printing equipment, such as receipts, label, and portable printer; commercial scale; home and office series; printer accessories; and POS terminals and PDA equipment, and provision of related solutions. It serves retail, education, catering, logistics, warehousing, health care, manufacturing, hospitality, mobile office and home, asset management, and logistics industries. The company was incorporated in 2010 and is headquartered in Xiamen, the People's Republic of China.

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

Revenue & earnings trend

FY2022 – FY2024 · reported fiscal years

Rongta Tech (Xiamen) Grp Co reported revenue of HK$397M in FY2024 versus HK$446M in FY2022, a compound −5.7%/yr. Reported net income was HK$46.9M in FY2024, compounding +5.1%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
HK$397M
Latest YoY
+0.4%
Revenue −5.7%/yr
FY22 HK$446M
FY23 HK$396M
FY24 HK$397M
Net income +5.1%/yr
FY22 HK$42.5M
FY23 HK$31.3M
FY24 HK$46.9M

9881 screens 69% overvalued. Compare with Dell Technologies Inc →

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Cite: Fair Value Calculator (2026). "Rongta Tech (Xiamen) Grp Co Fair Value". https://www.fairvalue-calculator.com/stock/9881

Peer Group

Computer Hardware · 222 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 68 · Top 25%
Fair Value upside −69% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) 6% · Above median
Operating margin (TTM) -5% · Bottom 25%
Revenue growth -10% · Bottom 25%
Dividend yield (TTM) 1.9% · Below median
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 70.8× · Pricier than 75% of peers
P/B 9.61× · Pricier than 75% of peers
P/S (TTM) 5.03× · Pricier than 75% of peers
P/FCF 5.6× · Pricier than median
EV/EBITDA 61.5× · Pricier 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 0 · sector 59
PAST 0 · sector 23
HEALTH 90 · sector 97
DIVIDEND 38 · sector 41

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Dell Technologies Inc DELL $484.50 $187.75 -61%
Arista Networks, Inc ANET $210.50 $57.72 -73%
Western Digital Corporation WDC $454.10 $90.94 -80%
Hygon Information Technology Co 688041 ¥287.66 ¥30.66 -89%
Wiwynn Corporation 6669 6,025 TWD 2,120 TWD -65%
Hangzhou Hikvision Digital Technology Co 002415 ¥36.47 ¥40.44 +11%
Shenzhen Longsys Electronics Co 301308 ¥414.30 ¥91.67 -78%
Lenovo Group 0992 HK$29.04 HK$4.30 -85%
Dawning Information Industry Co 603019 ¥86.42 ¥39.38 -54%
Inspur Electronic Information Industry Co 000977 ¥75.02 ¥44.02 -41%

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Frequently asked questions

Is Rongta Tech (Xiamen) Grp Co (9881) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$5.55 versus a price of HK$17.70, about −69% (overvalued).
What is the fair value of 9881?
Our model-based fair value for Rongta Tech (Xiamen) Grp Co is HK$5.55 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$17.70.
What is the quality score of 9881?
Rongta Tech (Xiamen) Grp Co has a Quality Score of 68/100. 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 Rongta Tech (Xiamen) Grp Co (9881)?
Rongta Tech (Xiamen) Grp Co reported trailing-twelve-month revenue of about HK$333M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 9881?
The net profit margin of Rongta Tech (Xiamen) Grp Co is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. 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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