FIT Hon Teng Valuation

Is 6088 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 6088 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6088 (HK$3.01) is trading below our estimate of fair value (HK$4.16)

Significantly Below Fair Value: 6088 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6088?

Key metric: As 6088 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6088. This is calculated by dividing 6088's market cap by their current earnings.
What is 6088's PE Ratio?
PE Ratio16.1x
EarningsUS$170.45m
Market CapUS$2.74b

Price to Earnings Ratio vs Peers

How does 6088's PE Ratio compare to its peers?

The above table shows the PE ratio for 6088 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.3x
148 Kingboard Holdings
9.5xn/aHK$20.8b
1415 Cowell e Holdings
60.5x35.0%HK$21.0b
1888 Kingboard Laminates Holdings
18.6x33.7%HK$22.6b
2382 Sunny Optical Technology (Group)
32.3x20.8%HK$60.6b
6088 FIT Hon Teng
16.1x31.7%HK$21.3b

Price-To-Earnings vs Peers: 6088 is good value based on its Price-To-Earnings Ratio (16.1x) compared to the peer average (30.3x).


Price to Earnings Ratio vs Industry

How does 6088's PE Ratio compare vs other companies in the HK Electronic Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
76 Elate Holdings
0.6xn/aUS$18.17m
1822 China Wood International Holding
0.07xn/aUS$10.56m
911 Qianhai Health Holdings
0.7xn/aUS$6.96m
No more companies available in this PE range
6088 16.1xIndustry Avg. 8.7xNo. of Companies6PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6088 is expensive based on its Price-To-Earnings Ratio (16.1x) compared to the Hong Kong Electronic industry average (8.7x).


Price to Earnings Ratio vs Fair Ratio

What is 6088's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6088 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.1x
Fair PE Ratio23.9x

Price-To-Earnings vs Fair Ratio: 6088 is good value based on its Price-To-Earnings Ratio (16.1x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 6088 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$3.01
HK$3.66
+21.5%
13.3%HK$4.38HK$3.01n/a4
Nov ’25HK$2.53
HK$3.50
+38.3%
14.0%HK$4.25HK$3.01n/a4
Oct ’25HK$2.43
HK$3.51
+44.4%
13.8%HK$4.25HK$3.02n/a4
Sep ’25HK$2.30
HK$3.51
+52.4%
13.8%HK$4.25HK$3.02n/a4
Aug ’25HK$2.76
HK$3.34
+21.0%
27.6%HK$4.24HK$1.80n/a4
Jul ’25HK$3.47
HK$2.59
-25.2%
26.4%HK$3.69HK$1.80n/a4
Jun ’25HK$2.54
HK$2.56
+0.6%
24.2%HK$3.69HK$1.80n/a5
May ’25HK$2.26
HK$2.21
-2.4%
36.6%HK$3.69HK$1.47n/a5
Apr ’25HK$2.00
HK$2.21
+10.3%
36.6%HK$3.69HK$1.47n/a5
Mar ’25HK$1.04
HK$1.81
+74.3%
13.4%HK$2.02HK$1.47n/a3
Feb ’25HK$0.96
HK$1.64
+71.3%
24.7%HK$2.10HK$1.07n/a4
Jan ’25HK$1.18
HK$1.64
+39.4%
24.7%HK$2.10HK$1.07n/a4
Dec ’24HK$1.18
HK$1.49
+26.6%
23.9%HK$1.94HK$1.07n/a3
Nov ’24HK$1.04
HK$1.65
+58.5%
22.9%HK$2.06HK$1.12HK$2.534
Oct ’24HK$1.02
HK$1.73
+70.0%
21.8%HK$2.08HK$1.12HK$2.435
Sep ’24HK$1.05
HK$1.82
+72.9%
21.5%HK$2.22HK$1.12HK$2.306
Aug ’24HK$1.34
HK$1.96
+46.1%
19.4%HK$2.22HK$1.13HK$2.766
Jul ’24HK$1.39
HK$1.96
+41.1%
19.4%HK$2.22HK$1.14HK$3.476
Jun ’24HK$1.47
HK$2.08
+41.6%
6.5%HK$2.22HK$1.86HK$2.546
May ’24HK$1.55
HK$2.14
+37.8%
7.2%HK$2.30HK$1.86HK$2.265
Apr ’24HK$1.84
HK$2.16
+17.6%
9.0%HK$2.45HK$1.86HK$2.005
Mar ’24HK$2.18
HK$1.86
-14.7%
26.2%HK$2.80HK$1.50HK$1.045
Feb ’24HK$2.29
HK$1.64
-28.4%
7.8%HK$1.84HK$1.50HK$0.965
Jan ’24HK$2.05
HK$1.59
-22.3%
9.8%HK$1.83HK$1.41HK$1.185
Dec ’23HK$1.78
HK$1.59
-10.6%
9.8%HK$1.83HK$1.41HK$1.185
Nov ’23HK$0.95
HK$1.41
+47.9%
14.3%HK$1.78HK$1.22HK$1.045

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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