What is the intrinsic value of 9919.HK?

As of 2026-04-06, the Intrinsic Value of Activation Group Holdings Ltd (9919.HK) is 2.28 HKD. This 9919.HK valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 0.95 HKD, the upside of Activation Group Holdings Ltd is 140.10%.

The range of the Intrinsic Value is 1.79 - 3.36 HKD

Is 9919.HK undervalued or overvalued?

Based on its market price of 0.95 HKD and our intrinsic valuation, Activation Group Holdings Ltd (9919.HK) is undervalued by 140.10%.

	Range	Selected	Upside
a
DCF (Growth 5y)	1.79 - 3.36	2.28	140.1%
DCF (Growth 10y)	1.89 - 3.50	2.40	152.3%
DCF (EBITDA 5y)	1.64 - 3.99	2.64	178.1%
DCF (EBITDA 10y)	1.80 - 4.05	2.67	181.2%
Fair Value	3.23 - 3.23	3.23	239.67%
P/E	1.73 - 4.61	2.57	170.2%
EV/EBITDA	1.32 - 4.01	2.97	212.6%
EPV	1.36 - 2.18	1.77	86.5%
DDM - Stable	0.72 - 2.04	1.38	45.0%
DDM - Multi	1.26 - 2.71	1.71	80.0%