Swire Pacific Limited (SWRAF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Swire Pacific Limited $2.19, price $11.05, upside -80.2%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Swire Pacific Limited
SWRAF · USStretched ValuationStrong overvaluation with only moderate quality.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $1.86 – $11.40 · fair‑value band $1.63 – $3.92 · the $11.05 price screens above the $2.19 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
Company profile
Swire Pacific Limited engages in the property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, Taiwan, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties.
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Swire Pacific Limited engages in the property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, Taiwan, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office towers, shopping malls, hotels, retail space, star hotels, and serviced apartments, as well as residential projects; and trading portfolio consists of residential properties. It also owns and manages hotels in Hong Kong and Mainland China, as well as owns interests in the Mandarin Oriental hotel in the United States. The company's Aviation division provides flight catering, and passenger and ramp handling services; and owns and operates a cargo terminal at Hong Kong International Airport, as well as offers aircraft maintenance and modification services. Its Beverages division owns rights to manufacture, market, and distribute beverages to consumers. The company's Trading & Industrial division markets, retails, and distributes footwear, apparel, and accessories through its retail outlets; sells passenger cars, commercial vehicles, motorcycles, and scooters; operates a chain of bakeries; packages and sells sugar products under the Taikoo Sugar brand; and offers waste management, business consultancy, and financial services, as well as engages in property trading and investment activities. Swire Pacific Limited was founded in 1816 and is based in Central, Hong Kong. Swire Pacific Limited operates as a subsidiary of John Swire & Sons (H.K.) Limited.
Stock analysis
Swire Pacific Limited (SWRAF) currently trades at $11.05, while our model-based Fair Value estimate is $2.19, 80.2% 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 $6.11 per share, and 0 of the 13 models we run sit above the $11.05 price.
Bear case: the Earnings-Based group reads lowest at $0.6100, and 13 of the 13 models stay below the price. Evidence for this calculation is low.
Scenario range: $1.63 (bear) to $3.92 (bull), the price of $11.05 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 59/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Swire Pacific Limited reported revenue of HK$90.4B in FY2025 versus HK$91.2B in FY2021, a compound −0.2%/yr. Reported net income was HK$2.9B in FY2025, compounding −13.0%/yr from FY2021.
Key figures
Market cap $40.3B · P/E ratio 41.1 · P/S ratio 1.34 · EPS (TTM) $0.2700 · Dividend yield 4.4% · Net margin 3.2% · Return on equity 1.1% · Return on assets (EBIT) 3.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 3% below its 52-week high and 45% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 2% fair-value upside, at −80%, SWRAF screens richer than that median.
Fair Value models
All 13 models by family
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Set up alert →Quality Score breakdown
Of which business quality 56 · Market factors (momentum, volatility) 75
Revenue & earnings trend
Growth Forecast
SWRAF screens overvalued: fair value 80% below the price. Compare with 3M Company →
Earlier news
- Swire Pacific Ltd's Dividend Analysis
- Here's Why Momentum in Swire Pacific (SWRAY) Should Keep going
- Assessing Swire Pacific (SEHK:19) Valuation After Its Strong Recent Share Price Run
- Here's What Could Help Swire Pacific (SWRAY) Maintain Its Recent Price Strength
Compare Swire Pacific Limited with another stock
Price, fair value, quality and upside side by side.
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.Conglomerates · 358 stocks
Valuation Multiplesvs Conglomerates median · lower = cheaper
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Conglomerates stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| 3M Company MMM | $164.15 | $72.78 | −56% |
| Honeywell International Inc HON | $210.94 | $244.82 | +16% |
| CITIC Limited 0267 | HK$12.94 | HK$25.88 | +100% |
| SK Inc 034730 | 611,000 KRW | 348,688 KRW | −43% |
| Jardine Matheson Holdings J36 | $55.36 | $78.34 | +42% |
| Keppel Ltd BN4 | 11.30 SGD | 3.88 SGD | −66% |
| Kingdom Holding 4280 | 13.08 SAR | 13.40 SAR | +2% |
| Koç Holding KCHOL | 216.50 TRY | 182.26 TRY | −16% |
| Aker ASA AKER | kr 1,396 | kr 1,017 | −27% |
| thyssenkrupp AG TKA | €14.01 | €15.69 | +12% |
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