What is the intrinsic value of 9928.HK?

As of 2025-07-21, the Intrinsic Value of Times Neighborhood Holdings Ltd (9928.HK) is 0.84 HKD. This 9928.HK valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 0.58 HKD, the upside of Times Neighborhood Holdings Ltd is 45.60%.

The range of the Intrinsic Value is 0.69 - 0.91 HKD

Is 9928.HK undervalued or overvalued?

Based on its market price of 0.58 HKD and our intrinsic valuation, Times Neighborhood Holdings Ltd (9928.HK) is undervalued by 45.60%.

	Range	Selected	Upside
a
DCF (Growth 5y)	0.69 - 0.91	0.84	45.6%
DCF (Growth 10y)	0.86 - 0.60	0.78	35.0%
DCF (EBITDA 5y)	1.14 - 1.31	1.22	109.9%
DCF (EBITDA 10y)	1.07 - 1.22	1.13	94.6%
Fair Value	0.12 - 0.12	0.12	-79.80%
P/E	0.09 - 0.17	0.13	-76.8%
EV/EBITDA	1.33 - 2.90	1.89	226.2%
EPV	1.29 - 1.34	1.31	126.1%
DDM - Stable	0.04 - 0.11	0.08	-86.8%
DDM - Multi	0.31 - 0.48	0.37	-36.9%