Intrinsiqq
Neo-Concept International Group Holdings Limited logoNeo-Concept International Group Holdings LimitedNCI
$0.6950+15.07%
Neo-Concept International Group Holdings Limited logo

Neo-Concept International Group Holdings Limited

NCI

$0.69

+$0.09 (+15.07%)

⊜ Compare
ProfitabilityThin marginsGrowthDecliningCash FlowHealthy conversionValuationAttractively priced
What stands out

Operating margin is thin at 1.32%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.

What's changing

Revenue declined 41.8% YoY. Margins deteriorated 3.6pp alongside, both lines moving the wrong way.

What deserves caution

ROIC dropped from 3.41% to 0.79%, capital efficiency is deteriorating. Operating margin contracted 3.6pp YoY, cost discipline may be slipping.

Valuation context

8.0x earnings, 0.2x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.

Price History

-95.0%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market CapHKD 3M
EPSHKD 0.68
P/E8.04
P/FCF0.15
EV/EBITDA7.75
FCF Yield651.4%
Div. Yield—
Net Debt/FCF2.5x
52-Week Range
$0.60$1.26

Profitability & Returns

Revenue (TTM)

HKD 137M

▼ -41.8% YoY

Net Income (TTM)

HKD 332K

▼ -95.9% YoY

Op. Margin

1.32%

▼ -3.6pp YoY

ROIC

0.79%

▼ -2.6pp YoY

Cash Flow & Balance Sheet

FCF (TTM)

HKD 17M

▲ +192.7% YoY

Op. Cash Flow (TTM)

HKD 21M

▲ +4891.3% YoY

Net Debt

HKD 44M

Cash & Equiv.

HKD 2M

3Y CAGR: -26.6%

Continue Research

Is Neo-Concept International Group Holdings (NCI) overvalued?

At a P/E of 8.0 and a price-to-free-cash-flow of 0.2, Neo-Concept International Group Holdings (NCI) trades below a two-stage DCF intrinsic value of about HKD 979.94 per share, so at HKD 0.69 the stock looks undervalued (140,897.9% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, Neo-Concept International Group Holdings scores 44/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

What is Neo-Concept International Group Holdings's fair value?+

Intrinsiqq's two-stage DCF estimates an intrinsic value of about HKD 979.94 per share for NCI, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around HKD 734.95. At today's HKD 0.69, that puts the stock about 140,897.9% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.

Is Neo-Concept International Group Holdings a high-quality business?+

Neo-Concept International Group Holdings scores 44 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 1.3% operating margin and a 0.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Is Neo-Concept International Group Holdings a good stock to buy right now?+

That depends on valuation and quality together, not either alone. NCI currently trades below its estimated intrinsic value and scores 44/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.

Related stocks: Apparel Manufacturing

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.