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Plover Bay Technologies Limited (PBTDF) Fair Value & Analysis

Technology · US · Market cap $1.3B

PB Plover Bay Technologies Limited logo Plover Bay Technologies Limited PBTDF · US
Price$1.07
Fair Value$0.9600
Upside-10.3%
Quality86/100
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Healthy Growth
Highly profitable · 34.9% net margin
generates free cash flow
3.14% dividend yield
Ranks above peers (9/13)
Wide moat 89/100
Evidence: High Range $0.6600 – $1.35 Share as image

Fair value as of: Jul 19, 2026

From 24 valuation models · updated 22 days ago

Share price −5.3% over the past month.

A strong business, but screening 10% overvalued on our models.

What matters now

  • A fairly wide model range ($0.6600 to $1.35) leaves room in how you read the outcome.
  • Our model range runs from $0.6600 (bear) to $1.35 (bull), base $0.9600. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 86/100 (high quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (3 years)

$1.44 $0.1980 Fair Value $0.9600 May 2023 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

38‑month range $0.1980 – $1.44 · fair‑value band $0.6600 – $1.35 · the $1.07 price screens above the $0.9600 fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Plover Bay Technologies Limited (PBTDF) currently trades at $1.07, while our model-based Fair Value estimate is $0.9600, implying the stock looks roughly 10.3% overvalued today. The Quality Score stands at 86/100 (high quality), in the Technology 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, Plover Bay Technologies Limited generated revenue of $130M at a net margin of 34.9%. Revenue grew 13.0% year over year. It earns a return on equity of 78.9%. The stock trades on a trailing P/E of 29.5. Fundamentals as of Jul 19, 2026

Our scenario range runs from $0.6600 (bear case) to $1.35 (bull case); at $1.07, the current price sits within 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 26% below its 52-week high and 133% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at -10%, PBTDF 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.

Model BearBaseBull Evidence
Highest evidence
Residual Income $0.2600 $0.4400 $9.19 76
Growth DCF $0.5700 $0.9200 $1.46 72
Growth-Adj P/E $0.7300 $1.04 $1.35 68
All 24 models by family
DCF Models
FCF DCF $0.5800 $0.9700 $1.71 38
Owner Earnings $0.5400 $0.9400 $1.59 31
5Y Revenue Exit $0.5100 $0.8600 $1.35 39
5Y EBITDA Exit $0.6500 $1.16 $1.83 41
5Y P/E Exit $0.7600 $1.41 $2.19 38
10Y Revenue Exit $0.5200 $0.8500 $1.39 36
10Y EBITDA Exit $0.6100 $1.06 $1.77 37
10Y P/E Exit $0.6900 $1.23 $2.06 35
Earnings-Based
Graham-Dodd $0.2800 $1.54 $2.14 54
Lynch FV $0.4300 $0.6200 $0.8000 50
PEG = 1.0 $0.4300 $0.6200 $0.8000 46
EPV $0.3600 $0.4000 $0.4300 59
Multiples
P/E Multiple $0.8600 $1.15 $1.44 63
P/S Multiple $0.4900 $0.6500 $0.8100 58
P/B Multiple $0.2400 $0.3200 $0.4000 55
EV/EBIT $0.9100 $1.19 $1.47 53
EV/EBITDA $0.7300 $0.9600 $1.18 54
EV/Revenue $0.4700 $0.6500 $0.8200 43
Asset-Based
NCAV (Graham) $0.0300 $0.0400 $0.0500 50
Growth DCF
Growth DCF $0.5700 $0.9200 $1.46 72
Rev-Margin DCF $0.5100 $0.8500 $1.32 67
Economic Profit
Residual Income $0.2600 $0.4400 $9.19 76
ROIC Compounder $0.3600 $0.4000 $0.4300 67
Growth Earnings
Growth-Adj P/E $0.7300 $1.04 $1.35 68

Widest divergence: Growth Earnings ($1.04) versus Asset-Based ($0.0400). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) $130M
Revenue growth (YoY) +13.0%
Net margin 34.9%
Return on equity 78.9%
Free cash flow $51.0M FY2025
P/E ratio 29.5
More key figures
Operating margin 40.5%
EPS (TTM) $0.0400
Dividend yield 3.1%
EPS growth (YoY) +25.0%

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 86/100

Of which business quality 84 · Market factors (momentum, volatility) 68

Profitability 97
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 95
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 79
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 79
Buybacks instead of dilution

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

Plover Bay Technologies Limited, an investment holding company, designs, develops, and markets software defined wide area network routers and related products. It engages in the sale of wired SD-WAN routers, wireless SD-WAN routers, and networking peripherals; and provides software licenses, and warranty and support services.

Full company description

Plover Bay Technologies Limited, an investment holding company, designs, develops, and markets software defined wide area network routers and related products. It engages in the sale of wired SD-WAN routers, wireless SD-WAN routers, and networking peripherals; and provides software licenses, and warranty and support services. The company also offers human resource and intellectual property holding services. It operates in North America, Europe, the Middle East, Africa, Asia, and internationally. The company was founded in 2006 and is headquartered in Lai Chi Kok, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Plover Bay Technologies Limited reported revenue of $130M in FY2025 versus $74.1M in FY2021, a compound +15.1%/yr. Reported net income was $45.5M in FY2025, compounding +21.0%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$130M
Latest YoY
+11.4%
Avg. growth/yr (3Y)
+14.5%
Avg. growth/yr (5Y)
+19.8%
Revenue +15.1%/yr
FY21 $74.1M
FY22 $86.8M
FY23 $94.3M
FY24 $117M
FY25 $130M
Net income +21.0%/yr
FY21 $21.2M
FY22 $22.7M
FY23 $28.1M
FY24 $38.0M
FY25 $45.5M

PBTDF screens 10% overvalued. Compare with Cisco Systems, Inc →

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Cite: Fair Value Calculator (2026). "Plover Bay Technologies Limited Fair Value". https://www.fairvalue-calculator.com/stock/PBTDF

Peer Group

Communication Equipment · 290 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.

Quality Score 86 · Top 25%
Fair Value upside −10% · Above median
Return on equity (TTM) 79% · Top 25%
Return on assets 28% · Top 25%
Net margin (TTM) 35% · Top 25%
Operating margin (TTM) 40% · Top 25%
Revenue growth 13% · Above median
Dividend yield (TTM) 3.1% · Top 25%

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/E (TTM) 29.5× · Cheaper than median
P/B 22.12× · Pricier than 75% of peers
P/S (TTM) 10.02× · Pricier than 75% of peers
P/FCF 25.6× · Pricier than 75% of peers
EV/EBITDA 23.2× · Pricier than median

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 20 · sector 0
FUTURE 65 · sector 30
PAST 100 · sector 15
HEALTH 0 · sector 98
DIVIDEND 63 · sector 24

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $119.25 $43.05 -64%
Zhongji Innolight Co 300308 ¥1,094 ¥171.09 -84%
Foxconn Industrial Internet Co 601138 ¥56.50 ¥28.65 -49%
Eoptolink Technology Inc 300502 ¥482.88 ¥155.05 -68%
Nokia Oyj NOK $11.25 $2.67 -76%
Motorola Solutions, Inc MSI $413.31 $190.43 -54%
Suzhou TFC Optical Communication Co 300394 ¥244.13 ¥32.04 -87%
Telefonaktiebolaget LM Ericsson (publ), ERIC $11.72 $15.96 +36%
Accton Technology Corporation 2345 2,090 TWD 846.28 TWD -60%
ZTE Corporation 000063 ¥40.00 ¥15.75 -61%

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Frequently asked questions

Is Plover Bay Technologies Limited (PBTDF) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of $0.9600 versus a price of $1.07, about −10% (overvalued).
What is the fair value of PBTDF?
Our model-based fair value for Plover Bay Technologies Limited is $0.9600 (as of Jul 19, 2026), built from audited fundamentals. The current price is $1.07.
What is the quality score of PBTDF?
Plover Bay Technologies Limited has a Quality Score of 86/100. 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 revenue of Plover Bay Technologies Limited (PBTDF)?
Plover Bay Technologies Limited reported trailing-twelve-month revenue of about $130M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of PBTDF?
The net profit margin of Plover Bay Technologies Limited is about 34.9%, meaning it keeps roughly 34.9% of revenue as net income. Based on the latest reported figures.
Does Plover Bay Technologies Limited pay a dividend?
Plover Bay Technologies Limited currently shows a dividend yield of about 3.14% relative to its recent price (as of Jul 19, 2026).

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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