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Wing On Company International LtdHKG 289 Stock Report

Last reporting period 30 Jun, 2023

Updated 13 Nov, 2024

Last price

Market cap $B

0.243

Micro

Exchange

XHKG - Hong Kong Exchange

View Section: Eyestock Rating

Wing Fair Value

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The fair market value of 289.HK stock is 2.54 HKD. Relative to the market price of 12.12 HKD Wing is overvalued by 79%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 79%
2.54 HKD
289.HK Fair Value
12.12 HKD
Market price of 289.HK

Wing Valuation

Current 289.HK share ticker price is 12.12 HKD.

The fair value level of 2.54 HKD can be considered as an effective entry point for long-term investors to start investing in 289.HK stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 79% higher its fair value

Min value

Current price is 89% higher its minimum value

Max value

Current price is 73% lower its maximum value

14.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

289.HK stock is overvalued

It means the current price may concern as a Risky Entry Point

Wing On Company International Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

76.29

2

Median P/E over 5 years

9.27

3

Minimum P/E over 5 years

4.7

4

Earning per share (last 12 months)

0.27 HKD

Maximum value

1

x

4

=

20.94 HKD

Fair value

2

x

4

=

2.54 HKD

Minimum value

3

x

4

=

1.29 HKD

Wing On Company International Ltd price metrics

-11.45

Annual return (geometric mean)

17.82

Risk (standard deviation) of returns

β

0.08

Beta (volatility compared to market)

It means that 289.HK stock is less volatile than the broader market

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View Section: Profitability