As of 2025-06-27, the Fair Value of IRICO Group New Energy Co Ltd (438.HK) is -11.66 HKD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 2.07 HKD, the upside of IRICO Group New Energy Co Ltd is -663.09%.
With the market price of 2.07 HKD and our fair value calculation, IRICO Group New Energy Co Ltd (438.HK) is not a good investment. Investing in 438.HK stocks now will result in a potential loss of 663.09%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
Historical Earnings | ||||||
2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 5Y Avg | |
Net income | 219.66 | 164.43 | 89.23 | -230.96 | -375.95 | -26.72 |
YoY growth | 135.84% | -25.14% | -45.73% | -358.83% | -62.78% | -71.33% |
Market Cap (mil) | 364.98 |
P/E | |
Forward P/E |
EPS | -2.13 |
Avg earnings growth rate | -71.33% |
TTM earnings | -375.95 |