Added to YB: 2025-12-23
Pitch date: 2025-12-20
1433.HK [bullish]
Cirtek Holdings Limited
-2.04%
current return
Author Info
No bio for this author
Company Info
Cirtek Holdings Limited, an investment holding company, manufactures and sells printing products in Mainland China, Hong Kong, Bangladesh, India, Vietnam, and internationally.
Market Cap
HKD 195.0M
Pitch Price
HKD 0.10
Price Target
0.20 (+108%)
Dividend
7.65%
EV/EBITDA
1.81
P/E
3.55
EV/Sales
0.33
Sector
Textiles, Apparel and Luxury Goods
Category
value
Mary Mount - Rock Turner #4 - Cirtek Holdings
1433.HK: HK label/tag manufacturer for apparel at 2.7x EV/EBITDA, 3.5x EV/FCF. Generated HK$50m FCF vs historical HK$15-20m. RFID segment offers growth/recurring revenue potential. 50-100% upside to HK$300-400m fair value. Catalysts: sustained FCF, RFID traction, buybacks, takeover. Risk: fixed costs need HK$400m revenue (30% below TTM).
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