Lichen China Limited Class A Ordinary Shares (LICN) Fair Value & Analysis
Industrials · US · Market cap $35.7M · ISIN KYG5479G1082
Strengths
Risks
Fair value as of: Aug 14, 2026
From 1 valuation models · updated 17 days ago
Share price +7.1% over the past month.
Below-average quality, trading 37% below our fair value.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain.
- The price is below even our cautious bear case ($1.26). 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.
- A fairly wide model range ($1.26 to $2.38) leaves room in how you read the outcome.
Price vs Fair Value (4 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.
How to read this chart
43‑month range $0.8404 – $948.00 · fair‑value band $1.26 – $2.38 · the $1.20 price screens below the $1.91 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 14, 2026.
Analysis
Lichen China Limited Class A Ordinary Shares (LICN) currently trades at $1.20, while our model-based Fair Value estimate is $1.91, implying the stock looks roughly 59.2% undervalued today. The Quality Score stands at 40/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.
Over the trailing twelve months, Lichen China Limited Class A Ordinary Shares generated revenue of $24.5M at a net margin of -89.6%. Revenue declined 56.1% year over year. It earns a return on equity of -29.8%. The balance sheet holds a net cash position of $26.4M. Fundamentals as of Aug 14, 2026
Our scenario range runs from $1.26 (bear case) to $2.38 (bull case); at $1.20, the current price sits below 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. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at 59%, LICN screens cheaper 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 1 models by family
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 46 · Market factors (momentum, volatility) 19
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Lichen International Limited, an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China.
Full company description
Lichen International Limited, an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China. The company offers financial and taxation-related management consultation, internal control management consultation, annual or regular consultation, and internal training and general consultation services; and education support services, including marketing, operational, and technical support, as well as the sale of teaching and learning materials. It also provides software and maintenance services, including the sale of financial and taxation analysis software, and financial and taxation training software, as well as offers software installation, training, and after-sales technical and maintenance support services. The company serves listed companies, state-owned enterprises, government authorities, and other business enterprises, including small and medium-sized enterprises. The company was formerly known as Lichen China Limited and changed its name to Lichen International Limited in March 2025. Lichen International Limited was incorporated in 2016 and is based in Xiamen, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Lichen China Limited Class A Ordinary Shares reported revenue of $24.5M in FY2025 versus $34.3M in FY2021, a compound −8.0%/yr. Reported net income was −$22.0M in FY2025.
of which total revenue +15.0 % · buybacks/dilution +2.0 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
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Peer Group
Specialty Business Services · 256 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 Specialty Business 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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Aug 14, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Cintas Corporation CTAS | $204.15 | $95.19 | -53% |
| RELX PLC RELX | $34.55 | $32.24 | -7% |
| Thomson Reuters Corporation TRI | C$142.85 | C$70.40 | -51% |
| Copart, Inc CPRT | $32.76 | $28.59 | -13% |
| Global Payments Inc GPN | $92.96 | $68.98 | -26% |
| RB Global, Inc RBA | C$119.68 | C$68.30 | -43% |
| Brambles Limited BXB | A$19.47 | A$17.27 | -11% |
| UL Solutions Inc ULS | $74.43 | $33.62 | -55% |
| Wolters Kluwer N.V WKL | €68.88 | €101.27 | +47% |
| Aramark ARMK | $59.08 | $13.18 | -78% |
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Frequently asked questions
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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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