Kingboard Holdings (KBDCY) Fair Value & Analysis

Industrials · US · Market cap $17.0B

A solid business, but screening 40% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case ($20.48). The favourable scenario is already priced in.
• Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 26, 2026.

How to read this chart

60‑month range $6.23 – $80.45 · fair‑value band $12.29 – $20.48 · the $27.50 price screens above the $16.39 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 26, 2026.

Full chart & analysis →

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

Analysis

Kingboard Holdings (KBDCY) currently trades at $27.50, while our model-based Fair Value estimate is $16.39, implying the stock looks roughly 40.4% overvalued today. The Quality Score stands at 51/100 (solid 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, Kingboard Holdings generated revenue of $45.4B at a net margin of 9.7%. Revenue grew 4.8% year over year. It earns a return on equity of 7.6%. Net debt stands at $19.3B. Fundamentals as of Jul 26, 2026

Our scenario range runs from $12.29 (bear case) to $20.48 (bull case); at $27.50, 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 64% below its 52-week high and 141% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at -40%, KBDCY 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.

Widest divergence: Multiples ($120.75) versus Growth DCF ($9.76). Highest evidence: Growth DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

Kingboard Holdings Limited, an investment holding company, manufactures and sells laminates, printed circuit boards (PCBs), magnetic products, and chemicals in the People's Republic of China, Europe, Africa, the United States, and Other Asian countries.

Full company description

Kingboard Holdings Limited, an investment holding company, manufactures and sells laminates, printed circuit boards (PCBs), magnetic products, and chemicals in the People's Republic of China, Europe, Africa, the United States, and Other Asian countries. It operates through six segments: laminates, printed circuit boards (PCBs), chemicals, properties, investments, and others. The laminates segment offers PVB, epoxy resin, glass fabric, kraft paper for copper clad laminate, and electronic grade yarn. The PCBs segment offers single, double, multi-layer, and high density interconnect PCBs to the electronic manufacturers. The chemicals segment provides methanol, glacial acetic acid, MTBE, phenol, bisphenol A, PVC, liquefied chlorine, sodium sulfate, hydrogen peroxide, benzene, propylene, LPG, acetone, caustic soda, hydrochloric acid, chlorinated wax-52, formalin, and tetrabromobisphenol. The properties segment involved in property development and property rental business. The investments segment invests in debt instruments at FVTOCI, and equity instruments at FVTPL. The other segment engages in the manufacture and sale of magnetic products, and hotel business. The company was formerly known as Kingboard Chemical Holdings Limited and changed its name to Kingboard Holdings Limited in July 2018. Kingboard Holdings Limited was founded in 1988 and is headquartered in Sha Tin, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kingboard Holdings reported revenue of $45.3B in FY2025 versus $56.8B in FY2021, a compound −5.5%/yr. Reported net income was $4.4B in FY2025, compounding −20.1%/yr from FY2021.

KBDCY screens 40% overvalued. Compare with CITIC Limited →

Peer Group

Conglomerates · 370 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 Conglomerates 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 Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 26, 2026).

Explore undervalued stocks

More undervalued Industrials stocks →

Frequently asked questions

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.