Neo-Concept International Group Holdings Limited Class A Ordinary Shares (NCI)

FairStock Score: 60/100 — STEADY

Key Financials

AI Analysis

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

I look for businesses with durable advantages, honest accounting, and a price below intrinsic value. Neo-Concept is an apparel supply-chain intermediary and small brand owner with only 24 employees. The returns are poor: FairStock calculations show ROE of 0.58% and ROCE of 0.90%. Those are not the numbers of a business with pricing power. A P/E of 9.25 at the 2026-10-13 close of $0.74 looks statistically cheap, and P/B of 0.05 is extraordinary. FairStock's Graham Number is $14.16, implying a 94.77% margin of safety on that calculation. But the balance-sheet and quality signals are troubling: D/E of 0.82, Piotroski F-Score of 2/9, Altman Z-Score of -0.10. The Z-score suggests financial distress risk. The 52-week range of $0.32 to $15.24 shows how volatile the market has been. There is no revenue or profit growth data, no dividend, and the Lynch category is none because there are zero years of filed results, not the three needed. So I cannot establish a multi-year record. A Graham investor might be tempted by a stock at a fraction of book value, but only if that book value is real, debts are manageable, and earnings can persist. Buffett would ask whether a tiny apparel middleman has a moat; the sub-1% returns suggest not. This is a speculative asset play, not a compounder, and the low price may reflect genuine risk rather than a mispricing.

In plain English: Neo-Concept International is a small clothing supply-chain company that helps design, source, make and ship apparel, and also sells knitwear under its own brand. Its profits are very thin and its financial health looks weak. The stock price looks very cheap compared with the company's stated assets and earnings, but the risk is high.

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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