Horizon Construction Development Limited (HRZCF) Fair Value & Analysis
Industrials · US · Market cap $4.2B
Horizon Construction Development Limited
HRZCF · US
Fair value as of: Jul 16, 2026
From 14 valuation models · updated 25 days ago
Below-average quality, and screening another 33% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case ($1.09). 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 ($0.5500 to $1.09) leaves room in how you read the outcome.
Price vs Fair Value (15 months)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.
How to read this chart
15‑month range $1.29 – $1.30 · fair‑value band $0.5500 – $1.09 · the $1.30 price screens above the $0.8700 fair value. Dashed = 300-day average. As of Jul 16, 2026.
Analysis
Horizon Construction Development Limited (HRZCF) currently trades at $1.30, while our model-based Fair Value estimate is $0.8700, implying the stock looks roughly 33.1% overvalued today. The Quality Score stands at 37/100 (below-average quality), in the Industrials 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, Horizon Construction Development Limited generated revenue of $9.4B at a net margin of 1.6%. Revenue declined 25.3% year over year. It earns a return on equity of 1.3%. Net debt stands at $19.1B. Fundamentals as of Jul 16, 2026
Our scenario range runs from $0.5500 (bear case) to $1.09 (bull case); at $1.30, 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 near its 52-week high, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -21% fair-value upside, at -33%, HRZCF screens richer 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.
All 14 models by family
Widest divergence: Growth Earnings ($8.12) versus Economic Profit ($1.06). Highest evidence: ROIC Compounder (72).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 39 · Market factors (momentum, volatility) 65
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
Horizon Construction Development Limited, together with its subsidiaries, operates as an investment holding company that provides equipment operation services in the People's Republic of China. It operates through Operating lease services; Engineering and technical services; and Asset management and other services segments.
Full company description
Horizon Construction Development Limited, together with its subsidiaries, operates as an investment holding company that provides equipment operation services in the People's Republic of China. It operates through Operating lease services; Engineering and technical services; and Asset management and other services segments. The company also provides operating lease services that cover various types of equipment and materials, including aerial work platforms, turnover materials and mould bases, neo-excavation support systems, neo-formwork systems, and road equipment. In addition, the company offers engineering and technical services, platforms, and other services comprising the sale of equipment, materials, and spare parts. Further, it is involved in construction and related services, electric power supply services, equipment repair and maintenance services and logistics services; and asset management services, subleasing services and related maintenance services. Additionally, the company provides wholesale trade of a variety of goods; trade in machinery tools and accessories, and leasing of construction and civil machinery; repair and maintenance of mining and construction machinery, electrical equipment repair and maintenance of engines, generators and steam generators. Horizon Construction Development Limited was founded in 2011 and is headquartered in Tianjin, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2024 · reported fiscal years
Horizon Construction Development Limited reported revenue of $11.6B in FY2024 versus $6.1B in FY2021, a compound +23.5%/yr. Reported net income was $896M in FY2024, compounding +8.1%/yr from FY2021.
HRZCF screens 33% overvalued. Compare with United Rentals, Inc →
Peer Group
Rental & Leasing Services · 97 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.
Valuation Multiples vs Rental & Leasing Services median · lower = cheaper
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: 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.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Rental & Leasing Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| United Rentals, Inc URI | $1,045 | $449.86 | -57% |
| Sunbelt Rentals Holdings SUNB | $73.41 | $65.76 | -10% |
| AerCap Holdings AER | $146.97 | $301.51 | +105% |
| U-Haul Holding UHAL | $67.35 | $7.21 | -89% |
| Ryder System, Inc R | $273.06 | $111.57 | -59% |
| Ayvens AYV | €11.57 | €24.73 | +114% |
| Localiza Rent a Car S.A RENT3 | R$40.35 | R$37.01 | -8% |
| Element Fleet Management Corp EFN | C$29.83 | C$15.06 | -50% |
| BOC Aviation Limited 2588 | HK$77.40 | HK$18.61 | -76% |
| GATX Corporation GATX | $178.48 | $140.90 | -21% |
Compare Horizon Construction Development Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Horizon Construction Development Limited (HRZCF) overvalued or undervalued?
What is the fair value of HRZCF?
What is the quality score of HRZCF?
What is the revenue of Horizon Construction Development Limited (HRZCF)?
What is the net profit margin of HRZCF?
Does Horizon Construction Development Limited pay a dividend?
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.
Track Horizon Construction Development Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.