Phoenix Asia Holdings Limited (PHOE)
Industrials · NCM
Price as at 30 Sept 2026, 23:37 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Phoenix Asia Holdings Limited trades at $18.50, which is 32% above the $12.53 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 33 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 1044.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Phoenix Asia Holdings Limited
Phoenix Asia Holdings Limited provides substructure works services in Hong Kong. The company undertakes site formation, such as clearance of construction site, demolition of existing structures, and reduction and stabilization of existing slopes; ground investigation comprising of assessing ground condition by drilling and conducting tests; and foundation works, including excavation and lateral support works, pile caps construction, earth works, structural steel works, underground drainage works, and demolition works. It also provides construction services, such as structural steel works; and advisory and supervision services in substructure projects. The company serves project owners of the construction project or its consultants, and contractors of subcontractors. Phoenix Asia Holdings Limited was founded in 1990 and is based in Kowloon Bay, Hong Kong. Phoenix Asia Holdings Limited is a subsidiary of Phoenix Prosperity Investment Limited.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
PHOE passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
PHOE peers
The largest companies in the same industry (Engineering & Construction), then in the same sector.
- FIX Comfort Systems USA, Inc.
- FER Ferrovial N.V.
- MTZ MasTec, Inc.
- DY Dycom Industries, Inc.
- LGN Legence Corp.
- SPIIY Spie SA
- AGX Argan, Inc.
- STN Stantec Inc.
Every industrials company we cover is on the Industrials hub.
Common questions
Is Phoenix Asia Holdings Limited (PHOE) undervalued?
Against our fair value estimate of $12.53, PHOE at $18.50 is 32% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
What is PHOE's P/E ratio?
PHOE trades at 1044.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its PHOE data?
Fundamentals for PHOE come from company filings and exchange data, as listed on NCM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 23:37 UTC and is delayed. Our data quality score for this company is 92/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for PHOE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.