mF International Limited (MFI) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of mF International Limited $2.67, price $9.47, upside -71.8%, quality 30 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 4, 2026.
How to read this chart
29‑month range $4.16 – $98.32 · fair‑value band $2.29 – $3.33 · the $9.47 price screens above the $2.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 4, 2026.
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mF International Limited, a holding company, engages in the development and provision of financial trading solutions in Hong Kong, mainland China, and Southeast Asia.
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mF International Limited, a holding company, engages in the development and provision of financial trading solutions in Hong Kong, mainland China, and Southeast Asia. It offers real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients; and various services, including mF4 trading platform, trader pro, bridge and plugins, customer relationship management system, electronic communication network system, liquidity solutions, cross-platform Broker+ solution, social trading applications, and other value-added services. The company also provides liquidity providers related services and other financial value-added services; and engages in the business of algorithm trading research and development, and investment activities. It serves financial institutions, including brokers, investment banks, institutional clients, liquidity providers, and financial services providers. The company was founded in 2002 and is headquartered in Wan Chai, Hong Kong. mF International Limited operates as a subsidiary of Gaderway Investments Limited.
Stock analysis
mF International Limited Ordinary Shares (MFI) currently trades at $9.47, while our model-based Fair Value estimate is $2.67, 71.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of $6.99 per share, and 0 of the 6 models we run sit above the $9.47 price.
Bear case: the Earnings-Based group reads lowest at $2.64, and 6 of the 6 models stay below the price. Evidence for this calculation is low.
Scenario range: $2.29 (bear) to $3.33 (bull), the price of $9.47 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 30/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
mF International Limited Ordinary Shares reported revenue of HK$33.8M in FY2025 versus HK$32.2M in FY2021, a compound +1.2%/yr. Reported net income was HK$78.7M in FY2025, compounding +66.1%/yr from FY2021.
Key figures
Market cap $475M · P/E ratio 4.4 · P/S ratio 10.3 · EPS (TTM) $2.09 · Return on equity −214% · Return on assets (EBIT) 7.8% · Operating margin −217% · Revenue (TTM) HK$30.8M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 76% below its 52-week high and 55% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −8% fair-value upside, at −72%, MFI screens richer than that median.
Fair Value models
Bear $2.29Fair Value $2.67Bull $3.33
Price $9.47 · Upside -71.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($1.59 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.15/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+29.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.8%
Start year 2020 (pandemic)
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.2%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−26.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−26.2%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.26% → −102%
Compare mF International Limited Ordinary Shares with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Software - Application · 669 stocks
Beats the industry median on 3/8 measures
Overall it trails its industry peers.
Valuation
Quality Score30 · Bottom 25%
Fair Value upside−71.8% · Bottom 25%
Profitability
Return on assets−3.0% · Below median
Growth and dividend
Revenue growth−20.4% · Bottom 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Software - Application median · lower = cheaper
P/E (TTM)4.4× · Cheapest 25%
P/B0.12× · Cheapest 25%
P/S (TTM)15.45× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 29
FUTURE (revenue growth)0· sector 41
PAST (return on equity)0· sector 19
HEALTH (low debt)100· sector 97
DIVIDEND (yield)0· sector 34
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "mF International Limited Ordinary Shares Fair Value". https://www.fairvalue-calculator.com/stock/MFI
Frequently asked questions
Is mF International Limited (MFI) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of $2.67 versus a price of $9.47, about −72% upside (overvalued).
What is the fair value of MFI?
Our model-based fair value for mF International Limited Ordinary Shares is $2.67 (as of Oct 4, 2026), built from audited fundamentals. The current price: $9.47.
What is the quality score of MFI?
mF International Limited Ordinary Shares has a Quality Score of 30/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for mF International Limited (MFI)?
Our model-based price target is the fair value of $2.67 (as of Oct 4, 2026) from 6 valuation models. Cautious scenario $2.29, optimistic scenario $3.33. It is a calculation from audited fundamentals, not an analyst target.
What is the mF International Limited Ordinary Shares stock forecast for 2026?
Our models put fair value at $2.67, about −72% upside versus a price of $9.47 (overvalued). Cautious scenario $2.29, optimistic scenario $3.33. The calculation is refreshed regularly with new filings.
What is the revenue of mF International Limited (MFI)?
mF International Limited Ordinary Shares reported trailing-twelve-month revenue of about HK$30.8M (latest available figure, as of Oct 4, 2026).
What is the intrinsic value of mF International Limited (MFI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For mF International Limited Ordinary Shares it is $2.67 per share (as of Oct 4, 2026), against a price of $9.47. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is mF International Limited Ordinary Shares stock overvalued or undervalued in 2026?
As of Oct 4, 2026, MFI trades above its calculated fair value: price $9.47, fair value $2.67, a gap of about −72% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MFI?
No. The price is what the market pays today ($9.47); the fair value is what the company's own numbers justify ($2.67). For mF International Limited Ordinary Shares the two are $6.80 per share apart. That gap is exactly why we show both numbers side by side.
How much is mF International Limited Ordinary Shares worth?
The market values mF International Limited Ordinary Shares at about $475M (market capitalisation, as of Oct 4, 2026). Per share that is $9.47; our models calculate a fair value of $2.67 per share.
What do the bullish and bearish scenarios say about MFI?
Our models span a range for mF International Limited Ordinary Shares: cautious scenario $2.29, base $2.67, optimistic $3.33 per share (as of Oct 4, 2026, price $9.47). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MFI?
mF International Limited Ordinary Shares trades at a price-to-earnings ratio of 4.4 (as of Oct 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $2.67 is built from several models across several years. Other multiples: P/B 0.1, P/S 15.5.
How solid is the balance sheet of mF International Limited (MFI)?
Balance-sheet figures for mF International Limited Ordinary Shares (as of Oct 4, 2026): return on equity −213.7%, debt of 0.00 per unit of equity. They feed the Quality Score of 30/100, which measures business quality independently of the share price.
How far is MFI from its 52-week high?
mF International Limited Ordinary Shares trades at $9.47, about 76% below its 52-week high of $39.33 and 55% above the low of $6.10 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $2.67 is for.
Which stocks are comparable to mF International Limited Ordinary Shares?
From the same area (Technology) we also value SAP SE, Salesforce, Inc, Shopify Inc, ServiceNow, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is mF International Limited Ordinary Shares stock attractive at the current price?
The data as of Oct 4, 2026: price $9.47, calculated fair value $2.67 (−72%), Quality Score 30/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MFI calculated?
We run mF International Limited Ordinary Shares through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $2.67, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. mF International Limited Ordinary Shares itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of mF International Limited (MFI)?
The closing price on Oct 2, 2026 was $9.47. Our model-based fair value is $2.67, about −72% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with mF International Limited Ordinary Shares right now?
The price sits above even our optimistic bull case ($3.33). The favourable scenario is already priced in. Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of mF International Limited Ordinary Shares
How large is the market capitalisation of mF International Limited (MFI)?
The market capitalisation of mF International Limited Ordinary Shares is $475M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of mF International Limited (MFI)?
The price-to-sales ratio of mF International Limited Ordinary Shares is 10.3 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of mF International Limited (MFI)?
Earnings per share at mF International Limited Ordinary Shares are $2.09 (price ÷ EPS = P/E 4.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of mF International Limited (MFI)?
The return on equity (ROE) of mF International Limited Ordinary Shares is −214% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of mF International Limited (MFI)?
On an EBIT basis the return on assets of mF International Limited Ordinary Shares is 7.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of mF International Limited (MFI)?
The operating margin of mF International Limited Ordinary Shares is −217% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at mF International Limited (MFI)?
Revenue at mF International Limited Ordinary Shares is growing −20.4% versus a year earlier (3y avg −1.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at mF International Limited (MFI)?
Earnings per share at mF International Limited Ordinary Shares are growing +118% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does mF International Limited (MFI) generate?
The free cash flow of mF International Limited Ordinary Shares is −HK$18.3M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does mF International Limited (MFI) hold?
mF International Limited Ordinary Shares holds more cash than debt, HK$218M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Oct 4, 2026