Worldsec Ltd (WSL) fair value: what the stock is really worth
As of Oct 9, 2026: fair value of Worldsec Ltd £0.02, price £0.02, upside +15.3%, quality 75 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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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 Oct 3, 2026.
How to read this chart
60‑month range £0.0075 – £0.0450 · fair‑value band £0.0155 – £0.0209 · the £0.0150 price screens below the £0.0173 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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Worldsec Limited, a closed-ended investment company, invests in small and medium sized trading companies in the Greater China and South East Asian regions. The company was founded in 1991 and is based in Sheung Wan, Hong Kong.
Stock analysis
Worldsec Ltd (WSL) currently trades at £0.0150, while our model-based Fair Value estimate is £0.0173, implying the stock looks roughly 13.3% undervalued today.
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Valuation
Bull case: the Earnings-Based group reads highest at a median of £0.0700 per share, and 10 of the 10 models we run sit above the £0.0150 price.
Bear case: the Multiples group reads lowest at £0.0200, and 0 of the 10 models stay below the price. Evidence for this calculation is low.
Scenario range: £0.0155 (bear) to £0.0209 (bull), the price of £0.0150 sits below 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 75/100 (high quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Worldsec Ltd reported revenue of $808K in FY2025 versus $1.2M in FY2021, a compound −9.9%/yr. Reported net income was $215K in FY2025, compounding −23.7%/yr from FY2021.
Key figures
Market cap 1.3M GBX · P/S ratio 3.23 · Net margin 26.6% · Return on equity −3.4% · Return on assets (EBIT) 3.8% · Operating margin 157% · Revenue (TTM) $395K · Revenue growth (YoY) +58.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and 50% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −12% fair-value upside, at 15%, WSL screens cheaper than that median.
Fair Value models
Bear £0.0155Fair Value £0.0173Bull £0.0209
Price £0.0150 · Upside +15.3%
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.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.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
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.
−22.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−22.9%
Dividend (yield on the price)0.0%
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
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.Asset Management · 664 stocks
Beats the industry median on 6/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score75 · Top 25%
Fair Value upside+15.3% · Below median
Profitability
Return on assets1.3% · Below median
Net margin (TTM)−45.1% · Bottom 25%
Operating margin (TTM)157.0% · Top 25%
Growth and dividend
Revenue growth58.7% · Top 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
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). "Worldsec Ltd Fair Value". https://www.fairvalue-calculator.com/stock/WSL
Frequently asked questions
Is Worldsec Ltd (WSL) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of £0.0173 versus a price of £0.0150, about +15% upside (undervalued).
What is the fair value of WSL?
Our model-based fair value for Worldsec Ltd is £0.0173 (as of Oct 3, 2026), built from audited fundamentals. The current price: £0.0150.
What is the quality score of WSL?
Worldsec Ltd has a Quality Score of 75/100. 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 Worldsec Ltd (WSL)?
Our model-based price target is the fair value of £0.0173 (as of Oct 3, 2026) from 10 valuation models. Cautious scenario £0.0155, optimistic scenario £0.0209. It is a calculation from audited fundamentals, not an analyst target.
What is the Worldsec Ltd stock forecast for 2026?
Our models put fair value at £0.0173, about +15% upside versus a price of £0.0150 (undervalued). Cautious scenario £0.0155, optimistic scenario £0.0209. The calculation is refreshed regularly with new filings.
What is the revenue of Worldsec Ltd (WSL)?
Worldsec Ltd reported trailing-twelve-month revenue of about $395K (latest available figure, as of Oct 3, 2026).
What growth is priced into Worldsec Ltd (WSL)?
For today's price to be fair in a discounted-cash-flow model, Worldsec Ltd would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -11.6 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of WSL use?
Our models discount Worldsec Ltd at 9.0 %: a base by market capitalisation (nano), damped by beta 0.33, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Worldsec Ltd that is less than minus 40 % per year a year over ten years, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Worldsec Ltd (WSL) delivered so far?
Over the past 5 years revenue at Worldsec Ltd grew -11.6 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Worldsec Ltd (WSL) growing?
The median revenue growth in the sector is +9.3 % a year. That is the yardstick for the growth priced into Worldsec Ltd (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Worldsec Ltd (WSL)?
The free-cash-flow yield on the price is 9.76 %: that much free cash flow Worldsec Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Worldsec Ltd (WSL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Worldsec Ltd it is £0.0173 per share (as of Oct 3, 2026), against a price of £0.0150. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is Worldsec Ltd stock overvalued or undervalued in 2026?
As of Oct 3, 2026, WSL trades below its calculated fair value: price £0.0150, fair value £0.0173, a gap of about +15% (undervalued). 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 WSL?
No. The price is what the market pays today (£0.0150); the fair value is what the company's own numbers justify (£0.0173). For Worldsec Ltd the two are £0.0023 per share apart. That gap is exactly why we show both numbers side by side.
How much is Worldsec Ltd worth?
The market values Worldsec Ltd at about 1.3M GBX (market capitalisation, as of Oct 3, 2026). Per share that is £0.0150; our models calculate a fair value of £0.0173 per share.
What do the bullish and bearish scenarios say about WSL?
Our models span a range for Worldsec Ltd: cautious scenario £0.0155, base £0.0173, optimistic £0.0209 per share (as of Oct 3, 2026, price £0.0150). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Worldsec Ltd (WSL)?
Balance-sheet figures for Worldsec Ltd (as of Oct 3, 2026): return on equity −3.4%. They feed the Quality Score of 75/100, which measures business quality independently of the share price.
How far is WSL from its 52-week high?
Worldsec Ltd trades at £0.0150, about 25% below its 52-week high of £0.0200 and 50% above the low of £0.0100 (as of Oct 9, 2026). Distance from the high says nothing about value: that is what the fair value of £0.0173 is for.
Which stocks are comparable to Worldsec Ltd?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, 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 Worldsec Ltd stock attractive at the current price?
The data as of Oct 3, 2026: price £0.0150, calculated fair value £0.0173 (+15%), Quality Score 75/100, from 10 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 WSL calculated?
We run Worldsec Ltd through 10 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 £0.0173, 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 14.9 % above its aggregate fair value. Worldsec Ltd currently trades 13 % below its own fair value, and the market average says nothing about that. 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 Worldsec Ltd (WSL)?
The closing price on Oct 9, 2026 was £0.0150. Our model-based fair value is £0.0173, about +15% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Worldsec Ltd right now?
The price is below even our cautious bear case (£0.0155). The market is more pessimistic than our downside scenario. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Worldsec Ltd
How large is the market capitalisation of Worldsec Ltd (WSL)?
The market capitalisation of Worldsec Ltd is 1.3M GBX. 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 Worldsec Ltd (WSL)?
The price-to-sales ratio of Worldsec Ltd is 3.23 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Worldsec Ltd (WSL)?
The net margin of Worldsec Ltd is 26.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Worldsec Ltd (WSL)?
The return on equity (ROE) of Worldsec Ltd is −3.4% (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 Worldsec Ltd (WSL)?
On an EBIT basis the return on assets of Worldsec Ltd is 3.8% (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 Worldsec Ltd (WSL)?
The operating margin of Worldsec Ltd is 157% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Worldsec Ltd (WSL)?
Revenue at Worldsec Ltd is growing +58.7% versus a year earlier. 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 Worldsec Ltd (WSL)?
Earnings per share at Worldsec Ltd are growing +245% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Worldsec Ltd (WSL) hold?
Worldsec Ltd holds more cash than debt, $825K net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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