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Kindstar Globalgene Technology, Inc (9960) Fair Value & Analysis

Healthcare · HK · Market cap HK$1.0B

KG Kindstar Globalgene Technology, Inc 9960 · HK
PriceHK$0.9650
Fair ValueHK$0.5900
Upside-38.9%
Quality37/100
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Weak Growth
Loss-making · -6.3% net margin
Low debt · generates free cash flow
9.14% dividend yield
Mixed vs. peers (6/12)
Narrow moat 2/100
Evidence: Medium Range HK$0.4000 – HK$0.7800 Share as image

Fair value as of: Aug 6, 2026

From 9 valuation models · updated 4 days ago

Share price −1.5% over the past month.

Below-average quality, and screening another 39% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.7800). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (HK$0.4000 to HK$0.7800) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$8.17 HK$0.8570 Fair Value HK$0.5900 Jul 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.

How to read this chart

60‑month range HK$0.8570 – HK$8.17 · fair‑value band HK$0.4000 – HK$0.7800 · the HK$0.9650 price screens above the HK$0.5900 fair value. Dashed = 300-day average. As of Aug 6, 2026.

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Analysis

Kindstar Globalgene Technology, Inc (9960) currently trades at HK$0.9650, while our model-based Fair Value estimate is HK$0.5900, implying the stock looks roughly 38.9% overvalued today. The Quality Score stands at 37/100 (below-average quality), in the Healthcare 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, Kindstar Globalgene Technology, Inc generated revenue of HK$934M at a net margin of -6.3%. Revenue grew 4.9% year over year. It earns a return on equity of -2.0%. Net debt stands at HK$47.5M. Fundamentals as of Aug 6, 2026

Our scenario range runs from HK$0.4000 (bear case) to HK$0.7800 (bull case); at HK$0.9650, 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 39% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -48% fair-value upside, at -39%, 9960 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
Growth DCF HK$0.5300 HK$0.6300 HK$0.7800 80
Rev-Margin DCF HK$0.5300 HK$0.6800 HK$0.8900 74
Gordon GGM HK$0.1700 HK$0.1900 HK$0.2200 70
All 9 models by family
DCF Models
FCF DCF HK$0.5200 HK$0.6200 HK$0.7900 38
5Y Revenue Exit HK$0.5300 HK$0.6800 HK$0.9000 39
10Y Revenue Exit HK$0.5100 HK$0.6300 HK$0.7600 36
Dividend Discount
Gordon GGM HK$0.1700 HK$0.1900 HK$0.2200 70
DDM Multi-Stage HK$0.1700 HK$0.2100 HK$0.2600 61
Multiples
EV/Revenue HK$0.5600 HK$0.7200 HK$0.8900 43
Asset-Based
NCAV (Graham) HK$1.32 HK$1.77 HK$2.64 50
Growth DCF
Growth DCF HK$0.5300 HK$0.6300 HK$0.7800 80
Rev-Margin DCF HK$0.5300 HK$0.6800 HK$0.8900 74

Widest divergence: Asset-Based (HK$1.77) versus Dividend Discount (HK$0.1900). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$934M
Revenue growth (YoY) +4.9%
Net margin -6.3%
Return on equity -2.0%
Free cash flow HK$43.6M FY2025
Operating margin -21.6%
More key figures
EPS (TTM) HK$-0.0400
Dividend yield 9.1%
EPS growth (YoY) -72.7%
Net debt HK$47.5M FY2025

Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 39 · Market factors (momentum, volatility) 34

Profitability 10
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 22
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

Kindstar Globalgene Technology, Inc., an investment holding company, provides clinical testing services in the People's Republic of China and Mainland China. It operates through nine segments: Hematology Testing.

Full company description

Kindstar Globalgene Technology, Inc., an investment holding company, provides clinical testing services in the People's Republic of China and Mainland China. It operates through nine segments: Hematology Testing. Genetic Diseases and Rare Diseases, Infectious Diseases, Oncology, Neurology, Maternity-Related Diseases, Routine Testing, CROs and R&D Project, and Others. The company offers esoteric testing services for hematology, oncology, neuroscience and infectious diseases. It also engages in product development and technical services; reagent development and sales; car-t treatment; and E-commerce services. The company's research and development projects, including molecular biology detection, flow cytometry detection, cytogenetic detection, and pathological detection technologies. Kindstar Globalgene Technology, Inc. was founded in 2003 and is headquartered in Wuhan, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kindstar Globalgene Technology, Inc reported revenue of HK$934M in FY2025 versus HK$931M in FY2021, a compound +0.1%/yr. Reported net income was −HK$58.7M in FY2025.

Growth Quality 31/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$934M
Latest YoY
+0.6%
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.
−12.4%
Avg. growth/yr (5Y) 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.
+0.9%
Avg. growth/yr (7Y) 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.
+4.1%
Revenue +0.1%/yr
FY21 HK$931M
FY22 HK$1.4B
FY23 HK$967M
FY24 HK$928M
FY25 HK$934M
Net income
FY21 −HK$1.5B
FY22 HK$75.5M
FY23 HK$41.3M
FY24 −HK$54.6M
FY25 −HK$58.7M

9960 screens 39% overvalued. Compare with Thermo Fisher Scientific Inc →

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Cite: Fair Value Calculator (2026). "Kindstar Globalgene Technology, Inc Fair Value". https://www.fairvalue-calculator.com/stock/9960

Peer Group

Diagnostics & Research · 135 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 37 · Bottom 25%
Fair Value upside −39% · Above median
Return on assets -3% · Below median
Net margin (TTM) -6% · Below median
Operating margin (TTM) -22% · Bottom 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 9.1% · Top 25%
Debt / equity 0.08× · Higher than median

Valuation Multiples vs Diagnostics & Research median · lower = cheaper

P/B 0.05× · Cheaper than 75% of peers
P/S (TTM) 0.14× · Cheaper than 75% of peers
P/FCF 3.0× · 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 0 · sector 0
FUTURE 25 · sector 25
PAST 0 · sector 11
HEALTH 96 · sector 96
DIVIDEND 100 · sector 21

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 Diagnostics & Research stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).

Stock Price Fair Value vs Fair Value
Thermo Fisher Scientific Inc TMO $543.19 $308.19 -43%
Danaher Corporation DHR $199.66 $103.88 -48%
WuXi AppTec Co 2359 HK$160.70 HK$125.20 -22%
Lonza Group LONN CHF 567.80 CHF 259.80 -54%
IDEXX Laboratories, Inc IDXX $567.44 $255.77 -55%
Agilent Technologies, Inc A $131.46 $62.70 -52%
Waters Corporation WAT $368.98 $121.96 -67%
IQVIA Holdings IQV $207.85 $134.18 -35%
Integrated Diagnostics Holdings IDHC $0.0050 $0.0053 +5%
Illumina, Inc ILMN $186.65 $95.51 -49%

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Frequently asked questions

Is Kindstar Globalgene Technology, Inc (9960) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of HK$0.5900 versus a price of HK$0.9650, about −39% (overvalued).
What is the fair value of 9960?
Our model-based fair value for Kindstar Globalgene Technology, Inc is HK$0.5900 (as of Aug 6, 2026), built from audited fundamentals. The current price is HK$0.9650.
What is the quality score of 9960?
Kindstar Globalgene Technology, Inc has a Quality Score of 37/100. 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 Kindstar Globalgene Technology, Inc (9960)?
Kindstar Globalgene Technology, Inc reported trailing-twelve-month revenue of about HK$934M (latest available figure, as of Aug 6, 2026).
What is the net profit margin of 9960?
The net profit margin of Kindstar Globalgene Technology, Inc is about -6.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Kindstar Globalgene Technology, Inc pay a dividend?
Kindstar Globalgene Technology, Inc currently shows a dividend yield of about 9.14% relative to its recent price (as of Aug 6, 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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