80

TradeGo FinTech LtdHKG 8017 Stock Report

Last reporting period 31 Mar, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

0.015

Micro

Exchange

XHKG - Hong Kong Exchange

View Section: Eyestock Rating

TradeGo Fair Value

80

The fair market value of 8017.HK stock is 0.54 HKD. Relative to the market price of 0.232 HKD TradeGo is undervalued by 132.1%

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

Greatly undervalued 132.1%
0.54 HKD
8017.HK Fair Value
0.232 HKD
Market price of 8017.HK

TradeGo Valuation

Current 8017.HK share ticker price is 0.232 HKD.

The fair value level of 0.54 HKD can be considered as an effective entry point for long-term investors to start investing in 8017.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 133% lower its fair value

Min value

Current price is 21% lower its minimum value

Max value

Current price is 223% lower its maximum value

13.11.2024

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.

8017.HK stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

TradeGo FinTech 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

41.08

2

Median P/E over 5 years

29.6

3

Minimum P/E over 5 years

15.61

4

Earning per share (last 12 months)

0.02 HKD

Maximum value

1

x

4

=

0.75 HKD

Fair value

2

x

4

=

0.54 HKD

Minimum value

3

x

4

=

0.28 HKD

TradeGo FinTech Ltd price metrics

-7.77

Annual return (geometric mean)

106.06

Risk (standard deviation) of returns

β

0.8

Beta (volatility compared to market)

It means that 8017.HK stock is less volatile than the broader market

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View Section: Profitability