Phoenix Asia Holdings Limited
Phoenix Asia Holdings Limited is a Hong Kong-based construction and engineering company focused on substructure works for public and private projects. The company provides site formation services, including land clearance, demolition, and slope stabilization, along with ground investigation work that assesses soil and site conditions for development. Its core foundation works cover excavation, lateral support, pile caps, earthworks, underground drainage, and related structural steel activities. Phoenix Asia Holdings Limited also offers advisory and supervision services for substructure projects, supporting clients and contractors throughout the construction process. Through its operating subsidiary, the company serves project owners, consultants, and subcontractors involved in complex building and infrastructure assignments. Phoenix Asia Holdings Limited plays a specialized role in Hong Kong’s construction market by delivering the early-stage engineering services that underpin larger development projects.
$16.74
+$0.02 (+0.12%)
EOD Oct 21, 2026
The business is unprofitable at the operating level (-16.79% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 2.2% YoY. Margins deteriorated 34.4pp alongside, both lines moving the wrong way.
Free cash flow declined 603% versus the prior year, cash generation momentum has weakened. ROIC dropped from 41.96% to -20.43%, capital efficiency is deteriorating.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$7M
▼ -2.2% YoY
Net Income (TTM)
-$1M
▼ -217.0% YoY
Op. Margin
-16.79%
▼ -34.4pp YoY
ROIC
-20.43%
▼ -62.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$6M
▼ -602.7% YoY
Op. Cash Flow (TTM)
-$6M
▼ -585.2% YoY
Net Debt
-$827K
Net Cash Position
Cash & Equiv.
$893K
3Y CAGR: +47.9%
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Is Phoenix Asia Holdings (PHOE) overvalued?
Phoenix Asia Holdings (PHOE)'s valuation is best read against its own history, its peers, and the growth its price implies. 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, Phoenix Asia Holdings scores 33/100 on Intrinsiqq's quality scorecard (a lower-quality 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
Is Phoenix Asia Holdings a high-quality business?+
Phoenix Asia Holdings scores 33 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -16.8% operating margin and a -20.4% 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 Phoenix Asia Holdings a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh PHOE's valuation and scores 33/100 on quality (lower-quality). 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: Engineering & Construction
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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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