Loading...
1523 logo

Plover Bay Technologies LimitedSEHK:1523 Stock Report

Market Cap HK$9.8b
Share Price
HK$8.89
HK$9.87
9.9% undervalued intrinsic discount
1Y48.9%
7D8.4%
Portfolio Value
View

Plover Bay Technologies Limited

SEHK:1523 Stock Report

Market Cap: HK$9.8b

Plover Bay Technologies (1523) Stock Overview

An investment holding company, designs, develops, and markets software defined wide area network routers and related products. More details

1523 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends4/6

1523 Community Fair Values

Create Narrative

See what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.

Plover Bay Technologies Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Plover Bay Technologies
Historical stock prices
Current Share PriceHK$8.89
52 Week HighHK$9.09
52 Week LowHK$5.53
Beta0.52
1 Month Change14.71%
3 Month Change5.83%
1 Year Change48.91%
3 Year Change283.19%
5 Year Change448.77%
Change since IPO1,714.29%

Recent News & Updates

Narrative Update Apr 26

1523: Upcoming 2025 Dividends And Stable Outlook Will Support Undervalued Shares

Analysts have adjusted their HK$ price target for Plover Bay Technologies slightly, with the update reflecting small tweaks to the discount rate and projected future P/E, while keeping fair value, revenue growth and profit margin assumptions broadly in line with prior estimates. What's in the News Plover Bay Technologies declared a special dividend of HK$0.0565 per share for the year ended 31 December 2025, with an ex dividend date of 11 March 2026, a record date of 13 March 2026 and a payment date of 26 March 2026 (company announcement).
Narrative Update Apr 11

1523: Upcoming Special Dividends And Stable Outlook Will Support Undervalued Shares

Analysts have adjusted their price target on Plover Bay Technologies slightly, with the updated HK$ fair value remaining at HK$9.87. Small tweaks to the discount rate and assumed future P/E have fed through their models without changing the headline figure.
Narrative Update Mar 28

1523: Stable Earnings Outlook And Upcoming Dividends Will Support Undervalued Shares

Analysts have trimmed their price target for Plover Bay Technologies to HK$9.87, a small adjustment that reflects slightly lower discount rate and P/E assumptions, while revenue growth and profit margin expectations remain broadly unchanged. What's in the News Plover Bay Technologies declared a special dividend of HK$0.0565 per share for the year ended 31 December 2025, with ex dividend date on 11 March 2026, record date on 13 March 2026, and payment date on 26 March 2026 (company announcement).

Recent updates

Narrative Update Apr 26

1523: Upcoming 2025 Dividends And Stable Outlook Will Support Undervalued Shares

Analysts have adjusted their HK$ price target for Plover Bay Technologies slightly, with the update reflecting small tweaks to the discount rate and projected future P/E, while keeping fair value, revenue growth and profit margin assumptions broadly in line with prior estimates. What's in the News Plover Bay Technologies declared a special dividend of HK$0.0565 per share for the year ended 31 December 2025, with an ex dividend date of 11 March 2026, a record date of 13 March 2026 and a payment date of 26 March 2026 (company announcement).
Narrative Update Apr 11

1523: Upcoming Special Dividends And Stable Outlook Will Support Undervalued Shares

Analysts have adjusted their price target on Plover Bay Technologies slightly, with the updated HK$ fair value remaining at HK$9.87. Small tweaks to the discount rate and assumed future P/E have fed through their models without changing the headline figure.
Narrative Update Mar 28

1523: Stable Earnings Outlook And Upcoming Dividends Will Support Undervalued Shares

Analysts have trimmed their price target for Plover Bay Technologies to HK$9.87, a small adjustment that reflects slightly lower discount rate and P/E assumptions, while revenue growth and profit margin expectations remain broadly unchanged. What's in the News Plover Bay Technologies declared a special dividend of HK$0.0565 per share for the year ended 31 December 2025, with ex dividend date on 11 March 2026, record date on 13 March 2026, and payment date on 26 March 2026 (company announcement).
Narrative Update Mar 13

1523: Higher Dividends And Richer Earnings Multiple Will Support Undervalued Shares

Analysts have lifted their price target on Plover Bay Technologies to HK$9.87 from HK$7.94, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E as support for the change. What's in the News Plover Bay Technologies declared a second interim dividend of HK$0.1654 per share for the year ended 31 December 2025, with an ex dividend date of 11 March 2026, a record date of 13 March 2026, and a payment date of 26 March 2026 (company announcement).
New Narrative Feb 28

Multi Network Connectivity And AI Will Support Long Term Earnings Strength

Catalysts About Plover Bay Technologies Plover Bay Technologies provides reliable connectivity solutions across multiple networks for customers in diverse sectors such as maritime, transportation and public safety. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 27

1523: Higher Margin Outlook And Dividend Decision Will Shape Fairly Valued Shares

Analysts have raised their price target on Plover Bay Technologies from about HK$7.41 to around HK$7.94, citing updated assumptions that include a higher forecast profit margin and P/E multiple, along with adjusted revenue growth and discount rate inputs. What's in the News Plover Bay Technologies has scheduled a board meeting for Feb 26, 2026, to approve the audited annual financial results for the year ended Dec 31, 2025 (company announcement).
Analysis Article Jan 08

Is Plover Bay Technologies Limited (HKG:1523) Trading At A 24% Discount?

Key Insights The projected fair value for Plover Bay Technologies is HK$8.52 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Oct 15

If EPS Growth Is Important To You, Plover Bay Technologies (HKG:1523) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 12

Plover Bay Technologies (HKG:1523) Could Easily Take On More Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 04

Here's Why We Think Plover Bay Technologies (HKG:1523) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 16

Plover Bay Technologies Limited (HKG:1523) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Plover Bay Technologies Limited ( HKG:1523 ) shareholders would be excited to see that the share price has had a great...
Analysis Article Apr 22

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Plover Bay Technologies Limited's (HKG:1523) CEO For Now

Key Insights Plover Bay Technologies' Annual General Meeting to take place on 29th of April Total pay for CEO Kit Wai...
Analysis Article Apr 09

Are Investors Undervaluing Plover Bay Technologies Limited (HKG:1523) By 39%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Plover Bay Technologies fair value estimate is HK$8.21 Current...
User avatar
New Narrative Mar 02

Collaboration With Starlink And Expansion Into Edge Computing Will Unlock New Opportunities

Collaboration with Starlink is enhancing brand presence and expanding the reseller network, leading to increased sales and future revenue growth.
Analysis Article Oct 09

Market Participants Recognise Plover Bay Technologies Limited's (HKG:1523) Earnings Pushing Shares 27% Higher

Plover Bay Technologies Limited ( HKG:1523 ) shareholders have had their patience rewarded with a 27% share price jump...
Analysis Article Oct 07

Should You Be Adding Plover Bay Technologies (HKG:1523) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jun 29

Why Investors Shouldn't Be Surprised By Plover Bay Technologies Limited's (HKG:1523) 25% Share Price Surge

Plover Bay Technologies Limited ( HKG:1523 ) shares have continued their recent momentum with a 25% gain in the last...
Analysis Article Apr 21

Plover Bay Technologies Limited's (HKG:1523) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights Plover Bay Technologies to hold its Annual General Meeting on 26th of April CEO Kit Wai Chau's total...
Analysis Article Mar 27

Plover Bay Technologies' (HKG:1523) Solid Earnings Are Supported By Other Strong Factors

When companies post strong earnings, the stock generally performs well, just like Plover Bay Technologies Limited's...
Analysis Article Mar 01

There's Reason For Concern Over Plover Bay Technologies Limited's (HKG:1523) Massive 30% Price Jump

Plover Bay Technologies Limited ( HKG:1523 ) shareholders have had their patience rewarded with a 30% share price jump...
Analysis Article Feb 15

Should You Be Adding Plover Bay Technologies (HKG:1523) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 15

Here's Why Plover Bay Technologies (HKG:1523) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Dec 19

What Does Plover Bay Technologies Limited's (HKG:1523) Share Price Indicate?

While Plover Bay Technologies Limited ( HKG:1523 ) might not be the most widely known stock at the moment, it saw a...
Analysis Article Oct 12

Plover Bay Technologies (HKG:1523) Ticks All The Boxes When It Comes To Earnings Growth

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Mar 24

We Think Plover Bay Technologies (HKG:1523) Can Manage Its Debt With Ease

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 04

Why Plover Bay Technologies Limited (HKG:1523) Could Be Worth Watching

Plover Bay Technologies Limited ( HKG:1523 ), might not be a large cap stock, but it saw significant share price...
Analysis Article Nov 11

Calculating The Intrinsic Value Of Plover Bay Technologies Limited (HKG:1523)

Today we will run through one way of estimating the intrinsic value of Plover Bay Technologies Limited ( HKG:1523 ) by...
Analysis Article Sep 27

Do Plover Bay Technologies's (HKG:1523) Earnings Warrant Your Attention?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Aug 23

Why Plover Bay Technologies Limited (HKG:1523) Could Be Worth Watching

Plover Bay Technologies Limited ( HKG:1523 ), is not the largest company out there, but it received a lot of attention...
Analysis Article Jul 29

An Intrinsic Calculation For Plover Bay Technologies Limited (HKG:1523) Suggests It's 42% Undervalued

Does the July share price for Plover Bay Technologies Limited ( HKG:1523 ) reflect what it's really worth? Today, we...
Analysis Article Jun 14

Here's Why We Think Plover Bay Technologies (HKG:1523) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

1523HK CommunicationsHK Market
7D8.4%13.5%0.8%
1Y48.9%200.0%17.8%

Return vs Industry: 1523 underperformed the Hong Kong Communications industry which returned 200% over the past year.

Return vs Market: 1523 exceeded the Hong Kong Market which returned 17.8% over the past year.

Price Volatility

Is 1523's price volatile compared to industry and market?
1523 volatility
1523 Average Weekly Movement5.1%
Communications Industry Average Movement13.7%
Market Average Movement7.1%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 1523 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1523's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006206Kit Wai Chauwww.ploverbay.com

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.

Plover Bay Technologies Limited Fundamentals Summary

How do Plover Bay Technologies's earnings and revenue compare to its market cap?
1523 fundamental statistics
Market capHK$9.83b
Earnings (TTM)HK$355.96m
Revenue (TTM)HK$1.02b
27.6x
P/E Ratio
9.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1523 income statement (TTM)
RevenueUS$130.14m
Cost of RevenueUS$56.02m
Gross ProfitUS$74.12m
Other ExpensesUS$28.66m
EarningsUS$45.47m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.041
Gross Margin56.95%
Net Profit Margin34.94%
Debt/Equity Ratio0%

How did 1523 perform over the long term?

See historical performance and comparison

Dividends

3.9%
Current Dividend Yield
90%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 16:47
End of Day Share Price 2026/05/12 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Plover Bay Technologies Limited is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tsz-Wang TamDBS Bank Ltd
Pui Hung HoKGI Securities Co. Ltd.
Ho Yin LiPhillip Securities (HK)