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Vtech Holdings Limited (0303.HK)

HKD53.35 +0.10 (+0.19%)
HK HKSE Technology Communication Equipment
Address Tai Ping Industrial Centre
Tai Po, HK
CEO Chi-Yun Wong DTech
Website vtech.com
IPO 1992-11-05
ISIN BMG9400S1329

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 0303.HK (HKD) Other OTC · VTKLF (USD) Other OTC · VTKLY (USD)
Description

Vtech Holdings Limited operates as a global entity, focusing on the conception, production, and worldwide distribution of a broad spectrum of electronic goods across North America, Europe, the Asia Pacific region, and other international territories. A key part of its business involves offering electronic learning toys, specifically tailored for infants, toddlers, and preschoolers, which are marketed under its well-known Vtech and LeapFrog brands. These educational products are often accompanied by complementary platform hardware and extensive learning programs. Furthermore, Vtech supplies various telecommunication solutions, including residential and commercial telephones sold under the VTech brand, as well as other communication essentials like baby monitors, cordless phone units, and integrated access devices. The company also leverages its manufacturing expertise to provide contract services for clients in specialized areas such as professional audio equipment, personal audio devices (hearables), Internet of Things (IoT) technology, and medical or healthcare products. Beyond these core activities, Vtech handles property management, oversees group-level financial and procurement services, develops software for broadband connectivity, and produces plastic components. The company, which was founded in 1976, has its principal office situated in Tai Po, Hong Kong.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD53.35 +0.10 (+0.19%)
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Volume Profile
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Liquidity & share structure
Average Volume
931.3K
Beta
0.42
Float Shares
157.48M
Free Float %
62.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-12.91% -15.73% -12.62% -17.75% -13.40% -13.12% +2.11% +10.81% -33.99% -37.62% +106.59%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
53.35
DCF (Unlevered) 100.15 +87.7%
DCF (Levered) 49.24 -7.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
6.18
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Communication Equipment: +9.8%
    -7.3% Q1'26: +2.6% (vs Q1'24)
  • EPS growth Communication Equipment: +36.4%
    -14.5% Q1'26: -20.7% (vs Q1'24)
  • FCF margin FCF growth · Communication Equipment: +59.0%
    +3.9% Q1'26: +16.2% (vs Q1'24)
  • EBIT margin Communication Equipment: +4.7%
    +8.7% Q1'26: +8.0% (vs Q1'24)
  • ROIC Communication Equipment: +3.7%
    +27.5% Q1'26: +50.9% (vs Q1'24)
  • Share dilution Communication Equipment: +0.0%
    +0.1% Q1'26: +0.5% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Communication Equipment: -1.04×
    0.55× Q1'26: 0.29× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.47) × ERP
WACC = 93% × Ke + 7% × Kd (6.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 100.15 Current price: 53.35
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
3 Rev. Ana.
3 EPS Ana.
Mar 2027
3 Rev. Ana.
1 EPS Ana.
Mar 2028
3 Rev. Ana.
3 EPS Ana.
Mar 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
1.88B
est: 1.87B (+0.6%)
1.86B
est: 1.90B (-2.3%)
2.08B
est: 2.05B (+1.4%)
2.13B
est: 2.16B (-1.3%)
2.16B
est: 2.10B (+2.7%)
2.17B
est: 2.17B (-0.3%)
2.37B
est: 2.20B (+7.7%)
2.37B
est: 2.42B (-2.2%)
2.24B
est: 2.21B (+1.4%)
2.15B
est: 2.20B (-2.4%)
2.18B
est: 2.21B (-1.5%)
2.01B
1.96B – 2.03B
-9.2% YoY
2.09B
2.04B – 2.16B
+4.2% YoY
2.19B
2.11B – 2.27B
+4.9% YoY
2.30B
2.23B – 2.38B
+4.9% YoY
EBITDA
251.60M
est: 215.31M (+16.9%)
237.40M
est: 218.90M (+8.5%)
234.80M
est: 236.15M (-0.6%)
263.00M
est: 248.53M (+5.8%)
231.20M
est: 242.45M (-4.6%)
276.90M
est: 250.24M (+10.7%)
325.90M
est: 253.69M (+28.5%)
268.80M
est: 279.12M (-3.7%)
237.00M
est: 254.71M (-7.0%)
230.70M
est: 253.38M (-9.0%)
243.80M
est: 258.26M (-5.6%)
234.41M
229.11M – 237.44M
-9.2% YoY
244.28M
237.70M – 252.11M
+4.2% YoY
256.22M
246.21M – 265.09M
+4.9% YoY
268.87M
259.97M – 277.84M
+4.9% YoY
EBIT
220.10M
est: 170.99M (+28.7%)
202.30M
est: 173.84M (+16.4%)
200.00M
est: 187.54M (+6.6%)
227.10M
est: 197.38M (+15.1%)
193.20M
est: 192.55M (+0.3%)
219.70M
est: 198.73M (+10.5%)
266.60M
est: 201.47M (+32.3%)
204.20M
est: 221.67M (-7.9%)
180.50M
est: 202.28M (-10.8%)
196.20M
est: 201.22M (-2.5%)
188.60M
est: 198.62M (-5.0%)
180.27M
176.19M – 182.61M
-9.2% YoY
187.86M
182.81M – 193.89M
+4.2% YoY
197.04M
189.35M – 203.87M
+4.9% YoY
206.77M
199.93M – 213.68M
+4.9% YoY
Net Income
198.10M
est: 199.08M (-0.5%)
181.40M
est: 183.47M (-1.1%)
179.00M
est: 160.27M (+11.7%)
206.30M
est: 216.76M (-4.8%)
171.30M
est: 185.27M (-7.5%)
190.70M
est: 179.59M (+6.2%)
230.90M
est: 194.76M (+18.6%)
172.70M
est: 181.68M (-4.9%)
149.20M
est: 141.76M (+5.2%)
166.60M
est: 163.99M (+1.6%)
156.80M
est: 187.54M (-16.4%)
149.53M
144.97M – 152.74M
-20.3% YoY
134.41M
128.62M – 140.24M
-10.1% YoY
145.52M
131.69M – 155.87M
+8.3% YoY
157.45M
150.68M – 164.28M
+8.2% YoY
SGA
334.30M
est: 313.80M (+6.5%)
324.70M
est: 319.03M (+1.8%)
412.20M
est: 344.17M (+19.8%)
397.30M
est: 362.22M (+9.7%)
371.90M
est: 353.36M (+5.2%)
368.10M
est: 364.72M (+0.9%)
378.20M
est: 369.73M (+2.3%)
380.50M
est: 406.81M (-6.5%)
371.60M
est: 371.23M (+0.1%)
356.30M
est: 369.29M (-3.5%)
408.70M
est: 389.00M (+5.1%)
353.07M
345.09M – 357.64M
-9.2% YoY
367.94M
358.04M – 379.73M
+4.2% YoY
385.92M
370.84M – 399.29M
+4.9% YoY
404.98M
391.57M – 418.50M
+4.9% YoY
EPS
0.79
est: 0.79 (+0.4%)
0.72
est: 0.72 (-0.7%)
0.71
est: 0.63 (+12.1%)
0.82
est: 0.86 (-4.3%)
0.68
est: 0.73 (-7.1%)
0.76
est: 0.71 (+7.1%)
0.92
est: 0.77 (+19.6%)
0.69
est: 0.72 (-3.9%)
0.59
est: 0.56 (+5.3%)
0.66
est: 0.65 (+1.9%)
0.62
est: 0.74 (-16.3%)
0.59
0.57 – 0.60
-20.3% YoY
0.53
0.51 – 0.55
-10.1% YoY
0.57
0.52 – 0.62
+8.3% YoY
0.62
0.59 – 0.65
+8.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 A+ 4/5 5/5 5/5 5/5 3/5 3/5 3/5
2026-05-21 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-20 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-19 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-18 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-15 A 4/5 5/5 5/5 5/5 2/5 3/5 3/5
2026-05-14 A 4/5 5/5 5/5 5/5 2/5 3/5 3/5
2026-05-13 A 4/5 5/5 5/5 5/5 2/5 3/5 3/5
2026-05-12 A 4/5 5/5 5/5 5/5 2/5 3/5 3/5
2026-05-11 A 4/5 5/5 5/5 5/5 2/5 3/5 3/5
2026-05-08 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-07 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-06 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-05 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-04 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-30 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-29 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-28 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-27 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-24 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-23 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-22 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-21 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-20 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-17 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-16 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-15 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
267.90M
OE per share TTM
1.05
Owner's Yield
1.98%
Maintenance CapEx ratio
18.98%
Maint CapEx / Avg PPE
10.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
7.9K
Shares Outstanding
253.04M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chi-Yun Wong DTech MSEE Co-Founder, Executive Chairman & Group Chief Executive Officer 23M
Kwong Leung Chief Executive Officer of Contract Manufacturing Services & Executive Director 18M male
King Fai Pang President & Executive Director 10M
Gilles Sautier International President of Europe male
Gordon Chow President of Vtech Technologies Canada Ltd male
Hoi Cheung President of Telecommunication Products male
Ka Hung Tong Group Chief Financial Officer female
Yu Wai Chang Company Secretary & Head of Internal Audit male
Chorng Yeong Chu Group Chief Technology Officer
Corinna Chan Senior Corporate Communications Manager
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits