The Discounted Cash Flow (DCF) valuation of Telecom Digital Holdings Ltd (6033.HK) is 0.99 HKD. With the latest stock price at 0.66 HKD, the upside of Telecom Digital Holdings Ltd based on DCF is 49.3%.

Is 6033.HK a buy or a sell?

Based on the latest price of 0.66 HKD and our DCF valuation, Telecom Digital Holdings Ltd (6033.HK) is a buy. Buying 6033.HK stocks now will result in a potential gain of 49.3%.

	Range	Selected
WACC / Discount Rate	4.5% - 16.1%	10.3%
Long-term Growth Rate	1.0% - 3.0%	2.0%
Fair Price	(0.09) - 11.67	0.99
Upside	-113.3% - 1668.0%	49.3%

0.66 HKD

Stock Price

0.99 HKD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

6033.HK DCF Valuation: Revenue & Expenses Forecast

(HKD in millions)		Projections

	03-2025	03-2026	03-2027	03-2028	03-2029	03-2030

Revenue	1,332	1,404	1,432	1,460	1,503	1,533
% Growth	3%	5%	2%	2%	3%	2%

Cost of goods sold	(932)	(963)	(963)	(962)	(971)	(970)
% of Revenue	70%	69%	67%	66%	65%	63%

Selling, G&A expenses	(188)	(198)	(202)	(206)	(212)	(217)
% of Revenue	14%	14%	14%	14%	14%	14%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(184)	(194)	(198)	(202)	(208)	(212)
% of Revenue	14%	14%	14%	14%	14%	14%

Tax expense	(4)	(8)	(12)	(16)	(20)	(24)
Tax rate	16%	18%	18%	18%	18%	18%

Net profit	23	40	57	74	92	111
% Margin	2%	3%	4%	5%	6%	7%