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TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED (VI2) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 12.4M SGD

TC TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED VI2 · SG
Price0.0140 SGD
Fair Value0.0149 SGD
Upside+6.4%
Quality41/100
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Weak Growth
Loss-making · -6.8% net margin
Negative equity (buybacks among others) · generates free cash flow
Trails peers (2/8)
Narrow moat 2/100
Evidence: Low Range 0.0140 SGD – 0.0163 SGD Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 5 days ago

Fair value updated Aug 13, 2026, revised from 0.0140 SGD to 0.0149 SGD (+6.5%) since Aug 9, 2026. Share price −17.6% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

0.3088 SGD 0.0130 SGD Fair Value 0.0149 SGD Nov 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

57‑month range 0.0130 SGD – 0.3088 SGD · fair‑value band 0.0140 SGD – 0.0163 SGD · the 0.0140 SGD price screens below the 0.0149 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED (VI2) currently trades at 0.0140 SGD, while our model-based Fair Value estimate is 0.0149 SGD, implying the stock looks roughly 6.4% fairly valued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical 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, TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED generated revenue of 2.0B SGD at a net margin of -6.8%. Revenue declined 13.2% year over year. Net debt stands at 283M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0140 SGD (bear case) to 0.0163 SGD (bull case); at 0.0140 SGD, 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 70% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -5% fair-value upside, at 6%, VI2 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 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. Evidence
Highest evidence
Growth DCF 0.0085 SGD 0.0105 SGD 0.0135 SGD 80
Rev-Margin DCF 0.0091 SGD 0.0132 SGD 0.0182 SGD 74
EV/Revenue 0.0105 SGD 0.0149 SGD 0.0193 SGD 43
All 6 models by family
DCF Models
FCF DCF 0.0083 SGD 0.0105 SGD 0.0139 SGD 38
5Y Revenue Exit 0.0091 SGD 0.0129 SGD 0.0186 SGD 39
10Y Revenue Exit 0.0084 SGD 0.0109 SGD 0.0136 SGD 36
Multiples
EV/Revenue 0.0105 SGD 0.0149 SGD 0.0193 SGD 43
Growth DCF
Growth DCF 0.0085 SGD 0.0105 SGD 0.0135 SGD 80
Rev-Margin DCF 0.0091 SGD 0.0132 SGD 0.0182 SGD 74

Widest divergence: Multiples (0.0149 SGD) versus Growth DCF (0.0105 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.0B SGD
Revenue growth (YoY) -13.2%
Net margin -6.8%
Return on equity -508%
Free cash flow 60.6M SGD FY2025
Operating margin -2.2%
More key figures
EPS (TTM) -0.0400 SGD
EPS growth (YoY) -26.5%
Net debt 283M SGD FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 40 · Market factors (momentum, volatility) 15

Profitability 25
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 1
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
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

Trans-China Automotive Holdings Limited, an investment holding company, operates as an automotive dealership company in the People's Republic of China. It focuses on the distribution of premium and ultra-premium automobiles under the BMW, McLaren, and Genesis brands, as well as pre-owned automobiles.

Full company description

Trans-China Automotive Holdings Limited, an investment holding company, operates as an automotive dealership company in the People's Republic of China. It focuses on the distribution of premium and ultra-premium automobiles under the BMW, McLaren, and Genesis brands, as well as pre-owned automobiles. The company is also involved in the repair and scheduled servicing, maintenance, and inspection of automobiles; and retail of automobile parts and accessories, as well as merchandise. In addition, it provides automobile agency services, including automobile registration and administration for financing and insurance services; car registration services; and licensing services. The company was founded in 2009 and is based in Causeway Bay, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED reported revenue of 2.0B SGD in FY2025 versus 4.5B SGD in FY2021, a compound −18.5%/yr. Reported net income was −135M SGD in FY2025.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.0B SGD
Latest YoY
−21.9%
Avg. growth/yr (3Y) 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.
−20.9%
Avg. growth/yr (5Y) 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.
−13.9%
Avg. growth/yr (6Y) 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.
−10.1%
Revenue −18.5%/yr
FY21 4.5B SGD
FY22 4.0B SGD
FY23 3.5B SGD
FY24 2.6B SGD
FY25 2.0B SGD
Net income
FY21 124M SGD
FY22 21.0M SGD
FY23 −91.6M SGD
FY24 −103M SGD
FY25 −135M SGD

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Cite: Fair Value Calculator (2026). "TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/VI2

Peer Group

Auto & Truck Dealerships · 103 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 41 · Below median
Fair Value upside −29% · Below median
Return on assets -3% · Bottom 25%
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) -2% · Bottom 25%
Revenue growth -13% · Bottom 25%

Valuation Multiples vs Auto & Truck Dealerships median · lower = cheaper

P/FCF 0.2× · Cheaper than 75% of peers

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 · sector 31
FUTURE 0 · sector 8
PAST 0 · sector 20
HEALTH 100 · sector 90
DIVIDEND 0 · sector 75

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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 Auto & Truck Dealerships stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Carvana Co CVNA $72.48 $24.58 -66%
Penske Automotive Group PAG $218.00 $217.41 -0%
D'Ieteren Group DIE €175.00 €105.40 -40%
Hotai Motor Co 2207 524.00 TWD 558.82 TWD +7%
CarMax, Inc KMX $58.71 $29.44 -50%
Lithia Motors, Inc LAD $378.55 $498.50 +32%
AutoNation, Inc AN $208.62 $329.77 +58%
Rush Enterprises, Inc RUSHA $80.63 $66.27 -18%
Valvoline Inc VVV $33.30 $24.55 -26%
OPENLANE, Inc OPLN $35.33 $33.46 -5%

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Frequently asked questions

Is TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED (VI2) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0149 SGD versus a price of 0.0140 SGD, about +6% (fairly valued).
What is the fair value of VI2?
Our model-based fair value for TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED is 0.0149 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0140 SGD.
What is the quality score of VI2?
TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED has a Quality Score of 41/100. 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 TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED (VI2)?
TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED reported trailing-twelve-month revenue of about 2.0B SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of VI2?
The net profit margin of TRANS-CHINA AUTOMOTIVE HOLDINGS LIMITED is about -6.8%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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