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AMTD IDEA Group (HKB) Fair Value & Analysis

Financial Services · SG · Market cap 2.0B SGD

AI AMTD IDEA Group HKB · SG
Price3.49 SGD
Fair Value2.72 SGD
Upside-22.1%
Quality46/100
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Evidence: Medium Range 2.04 SGD – 3.40 SGD

Fair value as of: Jul 4, 2026

From 22 valuation models · updated today

Price vs Fair Value (12 months)

3.60 SGD 3.49 SGD Fair Value 2.72 SGD Jul 2025 Jul 2026

12‑month range 3.49 SGD – 3.60 SGD · fair‑value band 2.04 SGD – 3.40 SGD · the 3.49 SGD price screens above the 2.72 SGD fair value. As of Jul 4, 2026.

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Analysis

AMTD IDEA Group (HKB) currently trades at 3.49 SGD, while our model-based Fair Value estimate is 2.72 SGD — implying the stock looks roughly 22.1% overvalued today. We read business quality at 46/100 (below-average quality), in the Financial Services 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, AMTD IDEA Group generated revenue of 88.5M SGD at a net margin of 49.3%. Revenue declined 82.6% year over year. It earns a return on equity of 3.9%. Net debt stands at 241M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 88.5M SGD
Revenue growth (YoY) -82.6%
Net margin 49.3%
Return on equity 3.9%
Free cash flow 17.1M SGD FY2025
P/E ratio 34.9
More key figures
Operating margin -336%
EPS (TTM) 0.1000 SGD
EPS growth (YoY) -97.3%
Net debt 241M SGD FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

AMTD IDEA Group, an investment holding company, provides capital market solutions in China, Hong Kong, Europe, the United States, and Southeast Asia. It operates through Capital Market Solutions, Digital Solutions and Other Services, Media and Entertainment Services, Hotel Operations, Hospitality and VIP Services, and Strategic Investments segments. The Capital Market Solutions segment raises funds through equity and debt financing, private placements, and debt issuances; provides financial advisory services, such as domestic and cross border advisory services for merger and acquisitions; and provides asset management products and services. The Digital Solutions and Other Services segment provides investor communication, investor relations, and corporate communication services to institutional and corporate clients, as well as digital financial solution services. The Media and Entertainment Services segment offers print and digital advertising campaigns, licensing, value-added …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AMTD IDEA Group reported revenue of 57.2M SGD in FY2025 versus 110M SGD in FY2021, a compound −15.1%/yr. Reported net income was 43.6M SGD in FY2025, compounding −27.4%/yr from FY2021.

Revenue −15.1%/yr
FY21 110M SGD
FY22 134M SGD
FY23 172M SGD
FY24 54.1M SGD
FY25 57.2M SGD
Net income −27.4%/yr
FY21 157M SGD
FY22 157M SGD
FY23 143M SGD
FY24 51.0M SGD
FY25 43.6M SGD

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Frequently asked questions

Is AMTD IDEA Group (HKB) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 2.72 SGD versus a price of 3.49 SGD — about −22% (overvalued). Model-based estimate, not financial advice.
What is the fair value of HKB?
Our model-based fair value for AMTD IDEA Group is 2.72 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 3.49 SGD.
What is the quality score of HKB?
AMTD IDEA Group has a Quality Score of 46/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of AMTD IDEA Group (HKB)?
AMTD IDEA Group reported trailing-twelve-month revenue of about 88.5M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of HKB?
The net profit margin of AMTD IDEA Group is about 49.3%, meaning it keeps roughly 49.3% 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.