Acco Group Holdings Limited Class A Ordinary Shares (ACCL)

FairStock Score: 55/100 — STEADY

Key Financials

Current Price$2.87
Market Cap$20M
P/E Ratio71.75
ROE14.8%
Dividend Yield—%
SectorIndustrials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the close on 2026-10-13, Acco traded at $2.70, giving a market capitalization of just $19.9 million. FairStock's calculations show a P/E of 67.5, a price-to-book of 6.59, and a Graham Number of only $0.38, which implies a margin of safety of -610.53%. That is not a bargain by any traditional measure. The business itself is an IT-driven corporate services firm operating in Hong Kong and Singapore, offering corporate secretarial, accounting, and intellectual property registration services with 22 employees. Such work can be asset-light, but it is also competitive and often relationship-driven, and the data gives me no clear evidence of a durable competitive advantage. On financial health, the balance sheet looks conservative: debt-to-equity is 0.04, and the Altman Z-Score of 8.13 suggests low bankruptcy risk. FairStock's ROE is 14.80%, which is respectable, but ROCE is only 6.58%, so the capital employed is not earning especially high returns. The Piotroski F-Score of 0/9 is poor and flashes caution about accounting and operating momentum. I also have no Lynch category because there are only 0 years of filed results, while three years are needed. Revenue growth, profit growth, dividend yield, and beta are not provided, so I cannot judge consistency or income. The FairStock Score of 55/100 is middling. To pay 67.5 times earnings and 6.59 times book for a micro-cap with a short record, I would need strong evidence of durable growth and rising returns on capital. At the current price, the numbers do not supply that evidence.

In plain English: Acco Group provides corporate secretary, accounting, and intellectual property registration services in Hong Kong and Singapore. It carries very little debt and earns a decent return on shareholders' money, but its return on total capital is modest and its record is very short. At $2.70, the shares look expensive compared with the company's accounting value and the earnings-based value estimate in the data.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer