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Plover Bay Technologies Limited (1523.HK)

HKD8.05 +0.12 (+1.51%)
HK HKSE Technology Communication Equipment
Address Dragon Industrial Building
Lai Chi Kok, HK
CEO Kit Wai Chau
IPO 2016-07-13
ISIN KYG713321035

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Description

Plover Bay Technologies Limited functions as an investment holding company with a global presence, primarily engaged in the creation, production, promotion, and distribution of software-defined wide area network (SD-WAN) routers. The company additionally offers software licensing, comprehensive warranties, and ongoing support services for its products. These offerings are marketed and distributed under the distinct Peplink and Pepwave brands. Furthermore, the group maintains involvement in the property holding sector. Plover Bay Technologies Limited was established in 2006 and its principal offices are located in Lai Chi Kok, 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
HKD8.05 +0.12 (+1.51%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.52
Float Shares
331.46M
Free Float %
30.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.12% -2.07% +13.15% -1.50% +41.76% +42.47% +43.92% +276.99% +413.25% +1,638.78% +1,638.78%
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
8.05
DCF (Unlevered) 9.39 +16.6%
DCF (Levered) 14.55 +80.7%

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 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
18.08
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
7 / 10
Strong 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
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Communication Equipment: +9.8%
    +11.4% Q4'25: +35.4% (vs Q4'23)
  • EPS growth Communication Equipment: +36.4%
    +18.8% Q4'25: +50.3% (vs Q4'23)
  • FCF margin FCF growth · Communication Equipment: +59.0%
    +30.7% Q4'25: +44.9% (vs Q4'23)
  • EBIT margin Communication Equipment: +4.7%
    +40.0% Q4'25: +40.5% (vs Q4'23)
  • ROIC Communication Equipment: +3.7%
    Q4'25: -1,769.9% (vs Q4'23)
  • Share dilution Communication Equipment: +0.0%
    +0.6% Q4'25: +0.6% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Communication Equipment: -1.04×
    0.06× Q4'25: 0.03× (vs Q4'23)
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 (0.52) × ERP
WACC = 100% × Ke + 0% × Kd (8.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 9.42 Current price: 8.05
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 Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
3 EPS Ana.
Dec 2027
3 Rev. Ana.
3 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
28.36M
est: 25.72M (+10.2%)
37.13M
est: 39.13M (-5.1%)
41.81M
est: 48.30M (-13.4%)
45.91M
est: 53.15M (-13.6%)
52.82M
est: 52.65M (+0.3%)
74.13M
est: 74.20M (-0.1%)
86.76M
est: 71.37M (+21.6%)
94.26M
est: 13.69M (+588.3%)
116.79M
est: 116.23M (+0.5%)
130.14M
est: 130.96M (-0.6%)
153.12M
151.03M – 154.43M
+16.9% YoY
175.64M
173.14M – 178.06M
+14.7% YoY
200.58M
197.78M – 202.85M
+14.2% YoY
EBITDA
8.29M
est: 9.24M (-10.2%)
11.29M
est: 14.05M (-19.6%)
13.07M
est: 17.34M (-24.6%)
15.66M
est: 19.09M (-18.0%)
16.69M
est: 14.75M (+13.1%)
27.21M
est: 26.56M (+2.4%)
29.44M
est: 25.55M (+15.2%)
33.44M
est: 6.65M (+402.9%)
48.86M
est: 56.44M (-13.4%)
53.47M
est: 63.59M (-15.9%)
74.35M
73.33M – 74.98M
+16.9% YoY
85.28M
84.07M – 86.46M
+14.7% YoY
97.39M
96.03M – 98.49M
+14.2% YoY
EBIT
6.70M
est: 8.55M (-21.6%)
10.66M
est: 13.00M (-18.0%)
12.25M
est: 16.05M (-23.7%)
13.61M
est: 17.66M (-23.0%)
15.37M
est: 13.93M (+10.3%)
24.79M
est: 24.58M (+0.9%)
26.63M
est: 23.64M (+12.6%)
31.94M
est: 6.74M (+373.7%)
45.61M
est: 57.22M (-20.3%)
52.01M
est: 64.47M (-19.3%)
75.39M
74.35M – 76.03M
+16.9% YoY
86.47M
85.24M – 87.66M
+14.7% YoY
98.75M
97.37M – 99.87M
+14.2% YoY
Net Income
5.24M
est: 8.99M (-41.7%)
8.75M
est: 9.48M (-7.6%)
10.62M
est: 13.37M (-20.6%)
12.09M
est: 14.54M (-16.9%)
14.23M
est: 10.89M (+30.6%)
21.20M
est: 21.29M (-0.4%)
22.66M
est: 19.62M (+15.5%)
28.10M
est: 4.47M (+529.0%)
38.05M
est: 38.77M (-1.9%)
45.47M
est: 43.94M (+3.5%)
54.53M
53.36M – 55.70M
+24.1% YoY
60.72M
55.71M – 65.73M
+11.3% YoY
73.02M
70.29M – 75.75M
+20.3% YoY
SGA
6.36M
est: 3.23M (+96.8%)
5.59M
est: 4.92M (+13.8%)
6.92M
est: 6.07M (+14.1%)
7.95M
est: 6.68M (+19.0%)
8.01M
est: 10.62M (-24.6%)
9.71M
est: 9.29M (+4.5%)
11.27M
est: 8.94M (+26.1%)
10.57M
est: 1.56M (+577.2%)
12.09M
est: 13.24M (-8.7%)
12.11M
est: 14.92M (-18.8%)
17.44M
17.21M – 17.59M
+16.9% YoY
20.01M
19.72M – 20.28M
+14.7% YoY
22.85M
22.53M – 23.11M
+14.2% YoY
EPS
0.01
est: 0.01 (-26.5%)
0.01
est: 0.01 (+1.1%)
0.01
est: 0.01 (-14.3%)
0.01
est: 0.01 (-11.4%)
0.01
est: 0.01 (+2.4%)
0.02
est: 0.02 (+0.9%)
0.02
est: 0.02 (+15.7%)
0.03
est: 0.00 (+528.0%)
0.03
est: 0.04 (-1.6%)
0.04
est: 0.04 (+3.0%)
0.05
0.05 – 0.05
+24.0% YoY
0.06
0.05 – 0.06
+11.2% YoY
0.07
0.06 – 0.07
+19.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 5/5 5/5 5/5 4/5 3/5 1/5
2026-05-28 A 4/5 5/5 5/5 5/5 4/5 3/5 1/5
2026-05-27 A 4/5 5/5 5/5 5/5 4/5 3/5 1/5
2026-05-26 A 4/5 5/5 5/5 5/5 4/5 3/5 1/5
2026-05-22 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-21 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-20 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-05-19 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-05-18 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-05-15 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-05-14 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-05-13 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-05-12 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-05-11 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-08 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-07 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-06 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-05 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-04 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-30 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-29 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-28 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-27 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-24 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-23 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-04-22 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-04-21 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-20 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-04-17 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5
2026-04-16 A- 4/5 4/5 5/5 5/5 3/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
109.31M
OE per share TTM
0.10
Owner's Yield
1.16%
Maintenance CapEx ratio
0.39%
Maint CapEx / Avg PPE
4.2%

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.

ETF Ownership

Top ETFs holding this stock Held by 11 ETFs in our universe

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
288.9K
Shares Outstanding
1.11B

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
Wing Hong Chan Executive Chairman of the Board 4M male
Kit Wai Chau Chief Executive Officer, GM & Executive Director 2M male
Ming Pui Chong Executive Director & Director of Hardware Engineering 2M male
Yu Yeung Executive Director & Director of Software Engineering 2M male
Chi Ying Chiu Executive Director & General Counsel 1M female
Christopher Tse Chief Financial Officer
Yu Wang Company Secretary & Financial Controller female
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