HWH International Inc. Common Stock (HWH)
FairStock Score: 26/100 — RISKY
Key Financials
| Current Price | $2.57 |
| Market Cap | $8M |
| P/E Ratio | -6.42 |
| ROE | -87.04% |
| Dividend Yield | —% |
| Sector | Consumer Cyclical |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
I look for durable competitive advantages, honest earnings, and a margin of safety. HWH does not clear those hurdles. It operates Hapi Café, Hapi Marketplace, and Hapi Wealth Builder in Singapore and South Korea, but the enterprise is tiny: an $8.2M market cap, 4 employees, and only $64,200 of revenue in the second quarter of 2026. That quarter showed net income of $211,965 and a 330.16% margin; profit exceeding revenue points to something outside ordinary restaurant operations. The provided growth figures—revenue down 79.32% and profit up 154.19%—do not suggest stable demand. FairStock calculations show deeply negative returns: ROE -87.04%, ROCE -25.39%, and EPS -$0.40. Free cash flow is -$955,254 over the trailing twelve months, a -11.6% FCF yield, so the company consumes cash. The balance sheet has low leverage, D/E 0.07, but FairStock's Altman Z-Score of 0.18 signals distress. Piotroski 6/9 is mildly encouraging, yet FairStock Score 26/100 and no Lynch category (only 0 years of filed annual results, versus 3 needed) show no proven track record. At the 2026-09-28 close of $2.57, FairStock-calculated P/E is -6.42 and P/B is 7.34, offering no margin of safety for a business with negative earnings. Without a real moat, sustainable revenue, and positive cash flow, this is speculation, not value.
In plain English: HWH International runs small food-and-wellness businesses in Singapore and South Korea: Hapi Café, an online marketplace, and wealth-building courses. It is losing money overall, has very little quarterly revenue, and burns cash, so the business looks weak. At $2.57 on 2026-09-28, the stock looks expensive relative to its tiny sales, losses, and high price compared with its accounting net worth.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data as of 2026-09-28 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