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Yue Yuen Industrial (Holdings) Limited (0551) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$19.7B

YY Yue Yuen Industrial (Holdings) Limited 0551 · HK
PriceHK$13.77
Fair ValueHK$4.04
Upside-70.7%
Quality58/100
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Weak Growth
Thin margins · 4.3% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/15)
Narrow moat 28/100
Evidence: Medium Range HK$2.74 – HK$5.05 Share as image

Fair value as of: Aug 13, 2026

From 25 valuation models · updated yesterday

Share price +6.7% over the past month.

A solid business, but screening 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$5.05). The favourable scenario is already priced in.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (HK$2.74 to HK$5.05) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$17.82 HK$5.67 Fair Value HK$4.04 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$5.67 – HK$17.82 · fair‑value band HK$2.74 – HK$5.05 · the HK$13.77 price screens above the HK$4.04 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Yue Yuen Industrial (Holdings) Limited (0551) currently trades at HK$13.77, while our model-based Fair Value estimate is HK$4.04, implying the stock looks roughly 70.7% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Yue Yuen Industrial (Holdings) Limited generated revenue of HK$8.0B at a net margin of 4.3%. Revenue declined 2.2% year over year. It earns a return on equity of 7.9%. Net debt stands at HK$341M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$2.74 (bear case) to HK$5.05 (bull case); at HK$13.77, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 23% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at -71%, 0551 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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. Evidence
Highest evidence
Growth DCF HK$2.33 HK$3.17 HK$4.33 80
Residual Income HK$2.43 HK$2.63 HK$3.05 76
Rev-Margin DCF HK$2.11 HK$3.09 HK$4.14 74
All 25 models by family
DCF Models
FCF DCF HK$2.27 HK$3.17 HK$4.46 38
Owner Earnings HK$2.98 HK$4.20 HK$5.93 31
5Y Revenue Exit HK$2.11 HK$3.07 HK$4.24 39
5Y EBITDA Exit HK$3.16 HK$4.93 HK$6.91 41
5Y P/E Exit HK$3.13 HK$4.88 HK$6.62 38
10Y Revenue Exit HK$2.09 HK$2.96 HK$4.02 36
10Y EBITDA Exit HK$2.80 HK$4.21 HK$5.96 37
10Y P/E Exit HK$2.79 HK$4.18 HK$5.75 35
Earnings-Based
Graham-Dodd HK$1.62 HK$3.73 HK$4.78 54
PEG = 1.0 HK$0.6300 HK$0.9000 HK$1.16 46
EPV HK$1.81 HK$2.08 HK$2.31 59
Dividend Discount
Gordon GGM HK$1.53 HK$2.56 HK$3.79 70
DDM Multi-Stage HK$1.53 HK$2.25 HK$3.05 61
Multiples
P/E Multiple HK$3.92 HK$5.23 HK$6.53 63
P/S Multiple HK$3.03 HK$4.04 HK$5.05 58
P/B Multiple HK$3.03 HK$4.04 HK$5.05 55
EV/EBIT HK$3.08 HK$4.04 HK$5.00 53
EV/EBITDA HK$4.16 HK$5.48 HK$6.80 54
EV/Revenue HK$2.14 HK$2.97 HK$3.80 43
Asset-Based
NCAV (Graham) HK$1.44 HK$1.93 HK$2.88 50
Growth DCF
Growth DCF HK$2.33 HK$3.17 HK$4.33 80
Rev-Margin DCF HK$2.11 HK$3.09 HK$4.14 74
Economic Profit
Residual Income HK$2.43 HK$2.63 HK$3.05 76
ROIC Compounder HK$1.81 HK$2.08 HK$2.31 72
Growth Earnings
Growth-Adj P/E HK$2.94 HK$4.20 HK$5.46 68

Widest divergence: Growth Earnings (HK$4.20) versus Asset-Based (HK$1.93). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$8.0B
Revenue growth (YoY) -2.2%
Net margin 4.3%
Return on equity 7.9%
Free cash flow HK$313M FY2025
P/E ratio 6.6 as of Jul 2, 2026
More key figures
Operating margin 2.4%
EPS (TTM) HK$0.1266
EPS growth (YoY) +68.5%
Net debt HK$341M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 59 · Market factors (momentum, volatility) 51

Profitability 47
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 85
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the United States, Europe, and internationally.

Full company description

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, and Salomon. It retails sportswear, outdoor, and leisure products; and operates a sport service platform, which includes events, venues, media, broadcasting, shopping, activities, registration, ticketing, and other sports-related services online and offline for event sponsorship, promotions, sports center operations, and design services. In addition, the company provides commercial spaces to retailers and distributors; and corporate management consultation services. Further, it trades in footwear. The company was founded in 1969 and is headquartered in Kwun Tong, Hong Kong. Yue Yuen Industrial (Holdings) Limited is a subsidiary of Wealthplus Holdings Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yue Yuen Industrial (Holdings) Limited reported revenue of HK$8.0B in FY2025 versus HK$8.5B in FY2021, a compound −1.5%/yr. Reported net income was HK$381M in FY2025, compounding +34.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$8.0B
Latest YoY
−1.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−3.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.0%
Avg. growth/yr (26Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.7%
Revenue −1.5%/yr
FY21 HK$8.5B
FY22 HK$9.0B
FY23 HK$7.9B
FY24 HK$8.2B
FY25 HK$8.0B
Net income +34.9%/yr
FY21 HK$115M
FY22 HK$296M
FY23 HK$275M
FY24 HK$392M
FY25 HK$381M
Character of growth · EPS growth decomposed (2014-2025) −1.5 % p.a.
Revenue per share +0.1 pp

of which total revenue −0.4 pp · buybacks/dilution +0.5 pp

EBIT margin −4.5 pp
Tax rate −1.3 pp
Residual (interest, one-offs) +4.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

0551 screens 71% overvalued. Compare with NIKE, Inc →

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Cite: Fair Value Calculator (2026). "Yue Yuen Industrial (Holdings) Limited Fair Value". https://www.fairvalue-calculator.com/stock/0551

Peer Group

Footwear & Accessories · 93 stocks

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.

Quality Score 58 · Above median
Fair Value upside −71% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 3% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth -2% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.07× · Higher than median

Valuation Multiples vs Footwear & Accessories median · lower = cheaper

P/E (TTM) 6.6× · Cheaper than 75% of peers
P/B 0.54× · Cheaper than 75% of peers
P/S (TTM) 0.31× · Cheaper than median
P/FCF 8.0× · Pricier than 75% of peers
EV/EBITDA 3.9× · Cheaper than 75% of peers
PEG 1.81× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 11
FUTURE 0 · sector 0
PAST 32 · sector 23
HEALTH 97 · sector 97
DIVIDEND 0 · sector 40

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
NIKE, Inc NKE $40.51 $35.63 -12%
adidas AG 1ADS €158.15 €65.71 -58%
Deckers Outdoor Corporation DECK $93.84 $125.16 +33%
On Holding ONON $30.91 $17.53 -43%
Zhejiang China Commodities City Group 600415 ¥11.81 ¥13.03 +10%
Birkenstock Holding BIRK $36.74 $44.59 +21%
Crocs, Inc CROX $130.61 $203.65 +56%
Huali Industrial Group 300979 ¥36.73 ¥51.36 +40%
PUMA SE PUM €26.69 €10.57 -60%
Samsonite Group 1910 HK$13.57 HK$4.67 -66%

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Frequently asked questions

Is Yue Yuen Industrial (Holdings) Limited (0551) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$4.04 versus a price of HK$13.77, about −71% (overvalued).
What is the fair value of 0551?
Our model-based fair value for Yue Yuen Industrial (Holdings) Limited is HK$4.04 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$13.77.
What is the quality score of 0551?
Yue Yuen Industrial (Holdings) Limited has a Quality Score of 58/100. 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 revenue of Yue Yuen Industrial (Holdings) Limited (0551)?
Yue Yuen Industrial (Holdings) Limited reported trailing-twelve-month revenue of about HK$8.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0551?
The net profit margin of Yue Yuen Industrial (Holdings) Limited is about 4.3%, meaning it keeps roughly 4.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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