
Computer And Technologies Holdings Limited (0046.HK)
ValueMarkers Composite Index
83% below intrinsic value ($1)
Computer And Technologies Holdings Limited (0046.HK) — VMCI valuation read
Headline read on 0046.HK: VMCI of 63/100 versus a Technology sector median of 50. The 13-point above-median position is what makes Computer And Technologies Holdings Limited a relative-value candidate in the mid-cap cohort, before any pillar-level review.
Form 4 filings on 0046.HK: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.
**Investor frame.** Three reads on 0046.HK: value (0046.HK trades at 21.0x earnings, 17% above the Technology median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Technology median (10.0%)), and risk (net debt to EBITDA of 1.1x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Technology 12.0x baseline.
0046.HK fell 3.0% over the trailing 7 days, with a -2.2% read on a 30-day basis.
Computer And Technologies Holdings Limited, an investment holding company, provides information technology (IT) solutions for enterprises, multinational corporations, and government organizations in Hong Kong, Mainland China, and internationally. It operates in three segments: Application Services, Solutions and Integration Services, and Investments. The Application Services segment primarily provides enterprise applications software and e-business services for enterprises, including the provision of enterprise application software with implementation and ongoing support services; and government electronic trading services, cloud services, and other related value-added services. Its Solutions and Integration Services segment offers IT solutions implementation and application software development; provision of IT and related operation/infrastructure outsourcing services; business process outsourcing services; and IT systems and network infrastructure with related design, implementation, and ongoing support services. The company's Investments segment engages in various types of investing activities, such property investment for rental income and/or for capital appreciation, and treasury investment in securities. The company also provides system and network integration services; computer support and programming services; products, solutions, and consulting services for cyber intelligence and security; enterprise information management, retail management, and procurement management software products; and human resources management services, as well as sale of computer networks and system platforms, provision of training, and implementation and maintenance of software services. Computer And Technologies Holdings Limited was founded in 1991 and is headquartered in Hong Kong, Hong Kong.
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