SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares (HDL)

FairStock Score: 60/100 — STEADY

Key Financials

AI Analysis

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

I approach this as a Graham-style exercise in price versus value. Super Hi operates Haidilao hot pot restaurants globally, with 14,242 employees and a recognizable brand, but restaurants are a competitive, cyclical, capital- and labor-intensive business. At the 2026-10-13 close of $11.00, market cap is $829.7M. FairStock calculates a P/E of 110, P/B of 1.81, EV/EBITDA of 6.47, and a Graham Number of just $1.23. That implies a margin of safety of -794.31%, not a bargain in Graham terms. The quality measures are mixed: ROE 2.63%, ROCE 4.61%, D/E 0.59, Piotroski 4/9, Altman Z 2.11. Revenue growth of 14.23% is encouraging, but profit growth of -65.75% and a fiscal Q2 2026 net loss of $1.9M on revenue of $218.8M show operating leverage working in reverse. The balance sheet has debt but not extreme leverage. Free cash flow of $54.5M, a 6.6% FCF yield, is the strongest part. FairStock's 60/100 score and lack of a Lynch category, because there are only 0 years of filed results versus the 3 needed, reinforce limited history. The price is not supported by current earnings; it discounts a recovery. I would want evidence that margins and returns on capital are durable before calling this a classic value opportunity.

In plain English: Super Hi runs Haidilao hot pot restaurants and delivery in several regions, and sells branded hot pot products. The business is growing sales but profit has shrunk lately, and the latest reported quarter showed a small net loss. At $11.00, the shares look expensive compared with its very small earnings, though the company does generate positive cash flow.

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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