EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

CDW HOLDING LIMITED (BXE) fair value: what the stock is really worth

As of Sep 28, 2026: fair value of CDW HOLDING LIMITED S$0.17, price S$0.07, upside +160.6%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Technology · SG · ISIN BMG2022E1104

CH Thin data Sep 27, 2026

CDW HOLDING LIMITED

BXE · SG

Clearly undervaluedStrong Fair Value upside, but quality is only moderate.

✓Fair value 0.1746 SGD · Strongly undervalued (+160.6%)
✓Quality 60/100
!Weak Growth (revenue 5y −4.8 %/yr)
!Loss-making · -3.0% net margin (TTM)
✓Low debt · generates free cash flow
!6.0% dividend yield · Watch coverage
!Mixed vs. peers (7/13)
!Narrow moat 14/100
!Evidence only low, so the estimate is less certain
!Weak on future: 25 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

0.2224 SGD 0.0650 SGD Fair Value 0.1746 SGD May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.

How to read this chart

60‑month range 0.0650 SGD – 0.2224 SGD · fair‑value band 0.1524 SGD – 0.2042 SGD · the 0.0670 SGD price screens below the 0.1746 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.

Follow CDW HOLDING in your weekly email

Every Wednesday you see whether CDW HOLDING is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

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

Company profile

CDW Holding Limited, an investment holding company, produces and supplies precision components in Mainland China, Hong Kong, Japan, and internationally. It operates through LCD Backlight Units, Office Automation, OEM and Accessories, and Others segments.

Show more

CDW Holding Limited, an investment holding company, produces and supplies precision components in Mainland China, Hong Kong, Japan, and internationally. It operates through LCD Backlight Units, Office Automation, OEM and Accessories, and Others segments. The company offers small to medium sized LCD backlight units and flexible printed circuits for use in range of equipment, including mobile communication, consumer IT, and entertainment equipment; and small to large sized high precision metal and plastic frames and reflectors for a range of equipment, such as notebook monitors, mobile phones, game box entertainment equipment, and GPS navigators. It also provides customized labels, shock absorbers, insulators, and other precision accessories for various office equipment and electrical appliances, including photocopiers, printers, TV monitors, projectors, microwave ovens, etc. In addition, the company offers bio-tech related research and development services, as well as research, develops, manufactures, and sells antibody related products. Further, the company engages in the manufacture, processing, and assembly of mobile payment device, niche precision components, and insulating materials; manufacture, sale, and marketing of healthcare and beauty products; food and beverage, general trading, and other business; trading of parts and precision accessories for LCD modules and electrical appliances; marketing and promotion of the application of bio-related patents; and food and beverage management and advisory services businesses. The company was founded in 1991 and is based in Sha Tin, Hong Kong.

Stock analysis

CDW HOLDING LIMITED (BXE) currently trades at 0.0670 SGD, while our model-based Fair Value estimate is 0.1746 SGD, implying the stock looks roughly 61.6% undervalued today.

Show more

Valuation

Bull case: the Growth DCF group reads highest at a median of 0.2000 SGD per share, and 7 of the 7 models we run sit above the 0.0670 SGD price.

Bear case: the Asset-Based group reads lowest at 0.1500 SGD, and 0 of the 7 models stay below the price. Evidence for this calculation is low.

Scenario range: 0.1524 SGD (bear) to 0.2042 SGD (bull), the price of 0.0670 SGD sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 60/100 (solid quality), in the Technology sector.

Weak Growth: Revenue growth is weak: less than 2 % a year.

CDW HOLDING LIMITED reported revenue of $87.4M in FY2025 versus $143M in FY2021, a compound −11.6%/yr. Reported net income was −$2.6M in FY2025.

Key figures

Market cap 19.6M SGD (≈ $15.3M) · P/S ratio 0.22 · EPS (TTM) −0.0200 SGD · Dividend yield 6.0% · Net margin −3.0% · Return on equity −7.0% · Return on assets (EBIT) −0.1% · Operating margin −3.8%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).

What moves the price

The share trades about 55% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at −28% fair-value upside, at 161%, BXE screens cheaper than that median.

Fair Value models

Bear 0.1524 SGD Fair Value 0.1746 SGD Bull 0.2042 SGD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF 0.1900 SGD 0.2200 SGD 0.2600 SGD 82
Growth DCF 0.1900 SGD 0.2200 SGD 0.2600 SGD 80
5Y Revenue Exit 0.1800 SGD 0.2000 SGD 0.2400 SGD 74
All 7 models by family
DCF Models
FCF DCF 0.1900 SGD 0.2200 SGD 0.2600 SGD 82
5Y Revenue Exit 0.1800 SGD 0.2000 SGD 0.2400 SGD 74
10Y Revenue Exit 0.1800 SGD 0.2000 SGD 0.2200 SGD 68
Multiples
EV/Revenue 0.1700 SGD 0.2000 SGD 0.2200 SGD 54
Asset-Based
NCAV (Graham) 0.1100 SGD 0.1500 SGD 0.2300 SGD 53
Growth DCF
Growth DCF 0.1900 SGD 0.2200 SGD 0.2600 SGD 80
Rev-Margin DCF 0.1800 SGD 0.2000 SGD 0.2400 SGD 74

Open the full fair value analysis →

Notify me when BXE reaches fair value

Put BXE on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 60/100

Of which business quality 60 · Market factors (momentum, volatility) 18

Profitability 28
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 24
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 6
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 81
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 24/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+1.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−16.1%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−4.8%
Start year 2020 (pandemic). Over 10 years: −3.0% a year
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−5.6%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
3.4% (2020) → −2.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

Growth Forecast

Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.

Watch BXE, get fair value alerts →

Compare CDW HOLDING LIMITED with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer Groupⓘ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.Semiconductor Equipment & Materials · 216 stocks

Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 60 · Above median
Fair Value upside +160.6% · Top 25%
Profitability
Return on assets −2.2% · Bottom 25%
Net margin (TTM) −3.0% · Bottom 25%
Operating margin (TTM) −3.8% · Bottom 25%
Growth and dividend
Revenue growth 5.0% · Below median
Dividend yield (TTM) 6.0% · Top 25%
Balance sheet
Debt / equity 0.10× · Above median

Valuation Multiplesvs Semiconductor Equipment & Materials median · lower = cheaper

P/B 0.38× · Cheapest 25%
P/S (TTM) 0.18× · Cheapest 25%
P/FCF 13.6× · Cheapest 25%
PEG 0.88× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 0
FUTURE (revenue growth)25 · sector 96
PAST (return on equity)0 · sector 35
HEALTH (low debt)95 · sector 96
DIVIDEND (yield)100 · sector 15

Context: sector, industry, market

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

Similar stocks

10 more Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
ASML Holding ASML €1,597 €1,350 −15%
Lam Research Corporation LRCX $314.47 $250.94 −20%
Applied Materials, Inc AMAT $511.38 $368.52 −28%
KLA Corporation KLAC $187.92 $160.12 −15%
Teradyne, Inc TER $398.38 $65.79 −83%
Advanced Micro-Fabrication Equipment Inc 688012 ¥339.30 ¥110.10 −68%
Hon. Precision, Inc 7769 5,670 TWD 4,864 TWD −14%
Piotech Inc 688072 ¥700.90 ¥320.60 −54%
Qnity Electronics, Inc Q $124.69 $70.44 −44%
Entegris, Inc ENTG $151.89 $92.64 −39%

Explore undervalued stocks

More undervalued Technology stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "CDW HOLDING LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/BXE

Frequently asked questions

Is CDW HOLDING LIMITED (BXE) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of 0.1746 SGD versus a price of 0.0670 SGD, about +161% upside (undervalued).
What is the fair value of BXE?
Our model-based fair value for CDW HOLDING LIMITED is 0.1746 SGD (as of Sep 27, 2026), built from audited fundamentals. The current price: 0.0670 SGD.
What is the quality score of BXE?
CDW HOLDING LIMITED has a Quality Score of 60/100. 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 price target for CDW HOLDING LIMITED (BXE)?
Our model-based price target is the fair value of 0.1746 SGD (as of Sep 27, 2026) from 7 valuation models. Cautious scenario 0.1524 SGD, optimistic scenario 0.2042 SGD. It is a calculation from audited fundamentals, not an analyst target.
What is the CDW HOLDING LIMITED stock forecast for 2026?
Our models put fair value at 0.1746 SGD, about +161% upside versus a price of 0.0670 SGD (undervalued). Cautious scenario 0.1524 SGD, optimistic scenario 0.2042 SGD. The calculation is refreshed regularly with new filings.
What is the revenue of CDW HOLDING LIMITED (BXE)?
CDW HOLDING LIMITED reported trailing-twelve-month revenue of about $87.4M (latest available figure, as of Sep 27, 2026).
Does CDW HOLDING LIMITED pay a dividend?
CDW HOLDING LIMITED currently shows a dividend yield of about 5.97% relative to its recent price (as of Sep 27, 2026).
What growth is priced into CDW HOLDING LIMITED (BXE)?
For today's price to be fair in a discounted-cash-flow model, CDW HOLDING LIMITED would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 8.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -4.8 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of BXE use?
Our models discount CDW HOLDING LIMITED at 8.3 %: a base by market capitalisation (nano), damped by beta 0.26, country premium for Singapore. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For CDW HOLDING LIMITED that is less than minus 40 % per year a year over ten years, using the same discount rate (8.3 %) and the same formula as our fair value.
How much growth has CDW HOLDING LIMITED (BXE) delivered so far?
Over the past 5 years revenue at CDW HOLDING LIMITED grew -4.8 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of CDW HOLDING LIMITED (BXE) growing?
The median revenue growth in the sector is +9.6 % a year. That is the yardstick for the growth priced into CDW HOLDING LIMITED (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of CDW HOLDING LIMITED (BXE)?
The free-cash-flow yield on the price is 9.57 %: that much free cash flow CDW HOLDING LIMITED produces per unit of market value. When it exceeds the discount rate of our models (8.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of CDW HOLDING LIMITED (BXE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CDW HOLDING LIMITED it is 0.1746 SGD per share (as of Sep 27, 2026), against a price of 0.0670 SGD. It is the blended result of 7 valuation models (cash flow, earnings, asset, dividend).
Is CDW HOLDING LIMITED stock overvalued or undervalued in 2026?
As of Sep 27, 2026, BXE trades below its calculated fair value: price 0.0670 SGD, fair value 0.1746 SGD, a gap of about +161% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BXE?
No. The price is what the market pays today (0.0670 SGD); the fair value is what the company's own numbers justify (0.1746 SGD). For CDW HOLDING LIMITED the two are 0.1076 SGD per share apart. That gap is exactly why we show both numbers side by side.
How much is CDW HOLDING LIMITED worth?
The market values CDW HOLDING LIMITED at about 19.6M SGD (market capitalisation, as of Sep 27, 2026). Per share that is 0.0670 SGD; our models calculate a fair value of 0.1746 SGD per share.
What do the bullish and bearish scenarios say about BXE?
Our models span a range for CDW HOLDING LIMITED: cautious scenario 0.1524 SGD, base 0.1746 SGD, optimistic 0.2042 SGD per share (as of Sep 27, 2026, price 0.0670 SGD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of BXE?
The PEG ratio of CDW HOLDING LIMITED is 0.88 (P/E divided by earnings growth, as of Sep 27, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of CDW HOLDING LIMITED (BXE)?
Balance-sheet figures for CDW HOLDING LIMITED (as of Sep 27, 2026): return on equity −7.0%, debt of 0.10 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is BXE from its 52-week high?
CDW HOLDING LIMITED trades at 0.0670 SGD, about 55% below its 52-week high of 0.1480 SGD and 3% above the low of 0.0650 SGD (as of Sep 28, 2026). Distance from the high says nothing about value: that is what the fair value of 0.1746 SGD is for.
Which stocks are comparable to CDW HOLDING LIMITED?
From the same area (Technology) we also value ASML Holding, Lam Research Corporation, Applied Materials, Inc, KLA Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is CDW HOLDING LIMITED stock attractive at the current price?
The data as of Sep 27, 2026: price 0.0670 SGD, calculated fair value 0.1746 SGD (+161%), Quality Score 60/100, from 7 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BXE calculated?
We run CDW HOLDING LIMITED through 7 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.1746 SGD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. CDW HOLDING LIMITED currently trades 62 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of CDW HOLDING LIMITED (BXE)?
The closing price on Sep 28, 2026 was 0.0670 SGD. Our model-based fair value is 0.1746 SGD, about +161% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CDW HOLDING LIMITED right now?
The price is below even our cautious bear case (0.1524 SGD). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.

Key figures of CDW HOLDING LIMITED

How large is the market capitalisation of CDW HOLDING LIMITED (BXE)?
The market capitalisation of CDW HOLDING LIMITED is 19.6M SGD (≈ $15.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of CDW HOLDING LIMITED (BXE)?
The price-to-sales ratio of CDW HOLDING LIMITED is 0.22 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of CDW HOLDING LIMITED (BXE)?
Earnings per share at CDW HOLDING LIMITED are −0.0200 SGD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of CDW HOLDING LIMITED (BXE)?
The dividend yield of CDW HOLDING LIMITED is 6.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of CDW HOLDING LIMITED (BXE)?
The net margin of CDW HOLDING LIMITED is −3.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of CDW HOLDING LIMITED (BXE)?
The return on equity (ROE) of CDW HOLDING LIMITED is −7.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of CDW HOLDING LIMITED (BXE)?
On an EBIT basis the return on assets of CDW HOLDING LIMITED is −0.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of CDW HOLDING LIMITED (BXE)?
The operating margin of CDW HOLDING LIMITED is −3.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CDW HOLDING LIMITED (BXE)?
Revenue at CDW HOLDING LIMITED is growing +5.0% versus a year earlier (3y avg −16.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at CDW HOLDING LIMITED (BXE)?
Earnings per share at CDW HOLDING LIMITED are growing +293% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed

Watch CDW HOLDING LIMITED in the live analysis

One click puts CDW HOLDING LIMITED on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.