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The Hongkong and Shanghai Hotels, Limited (HKSHY) Fair Value & Analysis

Consumer Cyclical · US · Market cap $1.3B

TH The Hongkong and Shanghai Hotels, Limited logo The Hongkong and Shanghai Hotels, Limited HKSHY · US
Price$13.60
Fair Value$9.54
Upside-29.9%
Quality52/100
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Evidence: High Range $6.68 – $12.40 📤 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 8 days ago

Share price +1.9% over the past month.

Price vs Fair Value (12 months)

$17.75 $12.01 Fair Value $9.54 Jul 2025 Jul 2026

12‑month range $12.01 – $17.75 · fair‑value band $6.68 – $12.40 · the $13.60 price screens above the $9.54 fair value. As of Jul 17, 2026.

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Analysis

The Hongkong and Shanghai Hotels, Limited (HKSHY) currently trades at $13.60, while our model-based Fair Value estimate is $9.54, implying the stock looks roughly 29.9% overvalued today. We read business quality at 52/100 (solid quality), in the Consumer Cyclical 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: high).

Over the trailing twelve months, The Hongkong and Shanghai Hotels, Limited generated revenue of $8.0B at a net margin of 4.0%. Revenue declined 17.2% year over year. It earns a return on equity of 0.9%. Net debt stands at $15.6B. Fundamentals as of Jul 17, 2026

Our scenario range runs from $6.68 (bear case) to $12.40 (bull case); at $13.60, the current price sits above that range. The share trades about 23% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -55% fair-value upside, at -30%, HKSHY screens cheaper than that median.

Key figures & financial health

Revenue (TTM) $8.0B
Revenue growth (YoY) -17.2%
Net margin 4.0%
Return on equity 0.9%
Free cash flow $509M FY2025
P/E ratio 27.8
More key figures
Operating margin 14.4%
EPS (TTM) $0.4800
EPS growth (YoY) -29.9%
Net debt $15.6B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 17, 2026. TTM = trailing twelve months.

About the company

The Hongkong and Shanghai Hotels, Limited, an investment holding company, engages in the ownership, development, and management of luxury hotels and commercial and residential properties in China, Europe, the United States, and the rest of Asia. The company operates through Hotels, Commercial Properties, and Peak Tram, Retail and Others segments. It is involved in operating hotels; leasing of commercial retail arcades and office premises located within the hotel buildings; development, leasing, and sale of luxury residential apartments; and operating food and beverage outlets. The company also engages in operating Peak Tram and The Quail; wholesaling and retailing of food and beverage products; and golf club, resort, and property investment. In addition, it offers laundry and dry-cleaning services; and management and consultancy services for clubs. The company was formerly known as The Hongkong Hotel Company, Limited. The Hongkong and Shanghai Hotels, Limited was incorporated in …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

The Hongkong and Shanghai Hotels, Limited reported revenue of $8.0B in FY2025 versus $3.5B in FY2021, a compound +23.2%/yr. Reported net income was $319M in FY2025.

Revenue +23.2%/yr
FY21 $3.5B
FY22 $4.2B
FY23 $8.1B
FY24 $10.3B
FY25 $8.0B
Net income
FY21 −$120M
FY22 −$488M
FY23 $146M
FY24 −$943M
FY25 $319M

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Cite: Fair Value Calculator (2026). "The Hongkong and Shanghai Hotels, Limited Fair Value". https://www.fairvalue-calculator.com/stock/HKSHY

Similar stocks

10 more Lodging stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Marriott International, Inc MAR $392.51 $99.13 -75%
Hilton Worldwide Holdings HLT $342.93 $123.66 -64%
InterContinental Hotels Group IHG $171.02 $76.89 -55%
Hyatt Hotels Corporation H $196.33 $106.17 -46%
Accor SA ACRFF $57.35 $44.53 -22%
H World Group HTHT $42.66 $47.39 +11%
The Indian Hotels Company INDHOTEL ₹657.60 ₹281.13 -57%
Wyndham Hotels & Resorts, Inc WH $84.65 $23.92 -72%
Whitbread plc WTBDY $8.28 $6.71 -19%
Hanjin Kal, 180640 115,000 KRW 28,940 KRW -75%

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Frequently asked questions

Is The Hongkong and Shanghai Hotels, Limited (HKSHY) undervalued?
As of Jul 17, 2026, our model estimates a fair value of $9.54 versus a price of $13.60, about −30% (overvalued). Model-based estimate, not financial advice.
What is the fair value of HKSHY?
Our model-based fair value for The Hongkong and Shanghai Hotels, Limited is $9.54 (as of Jul 17, 2026), built from audited fundamentals. The current price is $13.60.
What is the quality score of HKSHY?
The Hongkong and Shanghai Hotels, Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of The Hongkong and Shanghai Hotels, Limited (HKSHY)?
The Hongkong and Shanghai Hotels, Limited reported trailing-twelve-month revenue of about $8.0B (latest available figure, as of Jul 17, 2026).
What is the net profit margin of HKSHY?
The net profit margin of The Hongkong and Shanghai Hotels, Limited is about 4.0%, meaning it keeps roughly 4.0% 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.