9911 (9911) Fair Value & Analysis

Technology · Market cap HK$11.4B

9 9911 9911 · HK

PriceHK$8.20

Fair ValueHK$13.08

Upside+59.5%

Quality55/100

Watch 9911 for free — get notified when fair value or trend changes. Watch for free

Evidence: High Range HK$9.81 – HK$16.35

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

Share price −5.9% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$7.10 – HK$13.88 · fair‑value band HK$9.81 – HK$16.35 · the HK$8.20 price screens below the HK$13.08 fair value. As of Jul 3, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

9911 (9911) currently trades at HK$8.20, while our model-based Fair Value estimate is HK$13.08 — implying the stock looks roughly 59.5% undervalued today. We read business quality at 55/100 (solid quality), in the Technology 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: high) — always confirm before acting.

Over the trailing twelve months, 9911 generated revenue of HK$6.9B at a net margin of 13.6%. Revenue grew 31.5% year over year. It earns a return on equity of 45.6%. The balance sheet holds a net cash position of HK$2.5B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) HK$6.9B

Revenue growth (YoY) +31.5%

Net margin 13.6%

Return on equity 45.6%

Free cash flow HK$1.4B FY2025

P/E ratio 10.0

More key figures

Operating margin 12.0%

EPS (TTM) HK$0.3800

EPS growth (YoY) +52.3%

Net cash HK$2.5B FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

9911 reported revenue of HK$6.9B in FY2025 versus HK$2.4B in FY2021, a compound +30.7%/yr. Reported net income was HK$935M in FY2025.

Revenue +30.7%/yr

FY21 HK$2.4B

FY22 HK$2.8B

FY23 HK$3.3B

FY24 HK$5.1B

FY25 HK$6.9B

Net income

FY21 −HK$286M

FY22 HK$130M

FY23 HK$513M

FY24 HK$480M

FY25 HK$935M

Is 9911 fairly valued? → Check now

Similar stocks

6 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock	Price	Fair Value	vs Fair Value
SAP SE SAPP34	R$949.05	R$674.65	-29%
Salesforce, Inc CRM	$188.75	$178.06	-6%
Uber Technologies, Inc UBER	$68.61	$88.21	+29%
Shopify Inc SHOP	$109.54	$30.42	-72%
ServiceNow, Inc NOW	$93.01	$76.44	-18%
Cadence Design Systems, Inc CDNS	$385.13	$80.41	-79%

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks Technology Financial Services Healthcare Consumer Cyclical Consumer Defensive Communication Services Industrials Energy Basic Materials Real Estate Utilities Deeply Undervalued Stocks Undervalued Blue-Chip Stocks Undervalued Small-Cap Stocks

Frequently asked questions

Is 9911 (9911) undervalued?

As of Jul 3, 2026, our model estimates a fair value of HK$13.08 versus a price of HK$8.20 — about +60% (undervalued). Model-based estimate, not financial advice.

What is the fair value of 9911?

Our model-based fair value for 9911 is HK$13.08 (as of Jul 3, 2026), built from audited fundamentals. The current price is HK$8.20.

What is the quality score of 9911?

9911 has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 9911 (9911)?

9911 reported trailing-twelve-month revenue of about HK$6.9B (latest available figure, as of Jul 3, 2026).

What is the net profit margin of 9911?

The net profit margin of 9911 is about 13.6%, meaning it keeps roughly 13.6% 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.

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