SU Group Holdings Limited Class A Ordinary Shares (SUGP)

FairStock Score: 45/100 — MIXED

Key Financials

AI Analysis

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

I approach this as a Graham-style asset-and-earnings question, and the figures at the 2026-10-13 close are sobering. SU Group is an $11.5 million market-cap security services company with 316 employees, operating in security-related engineering and guarding/screening. FairStock’s calculated P/B is 0.20, which superficially says the equity trades at one-fifth of book, and debt is low with D/E at 0.06. But the asset discount is paired with a negative FairStock P/E of -0.26, ROE of -20.11%, ROCE of -7.94%, and a 0/9 Piotroski F-Score. An Altman Z-Score of 1.13 falls in a distress zone by conventional reading. The 52-week range of $0.42 to $10.00 signals speculative volatility, even with a beta of 0.79. Revenue growth and profit growth are not available in the provided data, and the Lynch category is none because there are only 0 years of filed results, not the 3 needed. FairStock score 45/100 confirms mixed-to-weak quality. The two security segments are a real operating base, but I see no demonstrated moat or durable earning power in these numbers. A low price-to-book is not enough when returns are negative and financial strength is questionable; the cheapness may be compensation for uncertainty rather than a margin of safety. In my experience, such discounts often persist until management proves the assets can earn a return.

In plain English: SU Group provides security engineering and security guarding and screening services in Hong Kong and internationally. The company is losing money and shows several weak financial signs. Its shares trade at a low price compared with its accounting value, but the losses and missing growth history make the low price look risky rather than clearly cheap.

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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