As of 2025-07-17, the Fair Value of Yeahka Ltd (9923.HK) is 4.89 HKD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 13.9 HKD, the upside of Yeahka Ltd is -64.8%.

Is 9923.HK a good investment?

With the market price of 13.9 HKD and our fair value calculation, Yeahka Ltd (9923.HK) is not a good investment. Investing in 9923.HK stocks now will result in a potential loss of 64.8%.

13.9 HKD

Stock Price

4.89 HKD

Fair Price

FAIR VALUE CALCULATION

9923.HK Fair Value

Peter Lynch's formula is:

9923.HK Fair Value

= Earnings Growth Rate x TTM EPS

9923.HK Fair Value

= 25 x 0.18 CNY

9923.HK Fair Value

= 25 x 0.2 HKD

9923.HK Fair Value

= 4.89

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

	12-2020	12-2021	12-2022	12-2023	12-2024	5Y Avg
Net income	438.91	420.93	153.92	11.63	82.45	222
YoY growth	418.4%	-4.1%	-63.4%	-92.4%	609.1%	173.5%

9923.HK Fair Value - Peers Benchmarking

	Market Cap (mil)	EPS	Fair Value	Upside
a
Yeahka Ltd	6,417	0.2	4.89	-64.8%
TravelSky Technology Ltd	34,295	0.7	19.41	65.6%
Lakala Payment Co Ltd	22,232	0.3	1.54	-94.5%
ChengDu Santai Holding Group Co Ltd	21,293	0.3	7.05	-37.5%
Northking Information Technology Co Ltd	19,176	0.4	5.49	-75.2%
Computer Age Management Services Ltd	210,041	95.1	2,177.82	-48.7%
DOUSHEN BEIJING EDUCATION &TECHNOLOGY INC	10,494	0.1	0.63	-92.7%
Pushpay Holdings Ltd	1,611	0	0.84	-40.4%
Tyro Payments Ltd	473	0.1	1.46	63%
EML Payments Ltd	420	-0	-0.06	-105.8%
NHN KCP Corp	359,599	1,826.9	24,690.75	59.6%

9923.HK Fair Value - Key Data

Market Cap (mil)	6,417
P/E	71.1x
Forward P/E	32.2x

EPS	0.18
Avg earnings growth rate	173.5%
TTM earnings	82

9923.HK Fair Value - Formula's Origin

Peter Lynch is one of the most legendary investors/fund managers of all time. His philosophy for stock investing is very simple and straightforward: he invests in stocks that are undervalued, meaning its P/E is less than or equal to its earnings growth rate. He believes that if a stock is trading at its fair value, the PEG ratio, which was also invented by him, should be 1.

Therefore, his formula to determine a company's fair value is:

Peter Lynch Fair Value = Earnings Growth Rate * EPS * PEG

PEG is set to 1 so we can ignore it in the calculation. Based on the formula, if the earnings growth rate of a company is 15%, Peter Lynch is willing to buy its share up to P/E = 15.