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← CockpitCompetitor Analysis › 1184.HK S.A.S. Dragon Holdings LimitedOpen in the cockpit ↗

S.A.S. Dragon Holdings Limited1184.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Information Technology›Electronics Distributors
Momentum strong 68
Mkt cap
$542M
US dollars, full cap
Free float
25%
of shares outstanding
$/day
$87,302
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+14.1 pp
WACC 5.3%
Hurdle
n/a
no reverse DCF
Close · HKDHK$6.79
1D-3.9%
1W-6.8%
1M-14.9%
3M-9.4%
6M+16.1%
YTD+50.7%
1Y+49.0%
ATR %5.2%
52w lowhigh26.9% off high

What S.A.S. Dragon does

Employees: 500

S.A.S. Dragon at a glance

Size S.A.S. Dragon (1184.HK) is a Hong Kong Information Technology company (Electronics Distributors) with a market value of $542M, the 739th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$6.79 on 6 Nov 2026.

Performance Over six months the shares gained 16.1%, against -0.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 91.9% over the last twelve months (peer median +21.8%); the operating margin is 3.8% (peer median 3.7%).

Valuation It trades at 0.2× enterprise value to sales against a peer median of 0.4× (2nd cheapest of 20).

Capital Return on invested capital runs 14.1 points above its cost of capital (5.3% WACC).

Relative performance

10012014011 May 202611 Aug 20266 Nov 20261184.HK 117Peer median 99
Six months, rebased to 100: S.A.S. Dragon against the median of its 20 peers (local-currency closes).

S.A.S. Dragon financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$51.3BHK$30.5BHK$27.8BHK$22.4BHK$25.0B
Revenue growth—+10%+24%-10%—
Gross profitHK$2.40BHK$1.33BHK$1.43BHK$1.32BHK$1.29B
EBITDAHK$1.97BHK$971MHK$1.07BHK$950MHK$903M
Net incomeHK$1.11BHK$557MHK$501MHK$404MHK$400M
Free cash flown/aHK$799MHK$506MHK$1.01BHK$938M
Capital expendituren/aHK$5.88MHK$3.48MHK$6.09MHK$16.1M
Total debtn/aHK$2.68BHK$2.39BHK$1.06BHK$1.60B

Quarterly statements and history in the cockpit →

S.A.S. Dragon competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%-30%-20%-10%0%ABE808400129830337433300050546A04000321907609167A276030283010850861CLMB3147PRT3015581184.HK6-month return →1-month return →
Up and to the right = strong over both horizons. S.A.S. Dragon is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×5×ABE80840012987433300050546A040080597609301085CLMB31473015581184.HKRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. S.A.S. Dragon is the large dot.

S.A.S. Dragon competitors and peer comparison

How S.A.S. Dragon compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

S.A.S. Dragon against its 20 peers (data as of 6 Nov 2026)
Measure1184.HKPeer medianRank in peer set
1-month return-14.9%-12.0%7th lowest of 21
6-month return+16.1%-0.9%6th highest of 21
Distance from 52-week high-26.9%-29.6%10th highest of 21
Revenue growth (TTM)+91.9%+21.8%3rd highest of 21
Operating margin3.8%3.7%11th highest of 21
EV / Sales0.2×0.4×2nd cheapest of 20
ROIC minus cost of capital+14.1 pp+2.3 pp6th highest of 20
Net debt / EBITDA1.6×1.7×8th least indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
S.A.S. Dragon 1184.HKHong Kong$542M+16%+92%4%0.2×n/an/a
AB S.a. ABE.WAPoland$556M+3%+15%2%0.2×n/an/a
Ryoden 8084.TJapan$558M+45%+13%3%0.3×n/an/a
Shenzhen Best of Best 001298.SZChina$559M-38%+78%3%0.5×n/an/a
Weikeng Industrial 3033.TWTaiwan$596M-3%+19%3%0.3×n/an/a
Hakuto 7433.TJapan$598M+34%+8%4%0.7×3.8%+1.8%
Dingli 300050.SZChina$478M-18%+24%8%9.2×27.1%-15.4%
Miraini 546A.TJapan$470M+11%+32%3%0.4×-1.0%+16.3%
IngDan 0400.HKHong Kong$629M+33%+81%3%0.4×n/an/a
Daiichi Jitsugyo 8059.TJapan$633M-2%-7%6%0.2×-19.3%+9.4%
Daou Data 032190.KSSouth Korea$444M-32%+130%6%n/an/an/a
Daitron 7609.TJapan$438M+15%+57%8%0.4×-5.0%+12.4%
Ryoyo Ryosan Holdings,Inc 167A.TJapan$676M+9%+7%3%0.3×n/an/a
Tokyo Electron Device 2760.TJapan$676M0%+16%6%0.6×5.9%+7.3%
Zenitron 3028.TWTaiwan$430M-19%+76%4%0.2×n/an/a
Beijing Asiacom Information Technology 301085.SZChina$717M-21%+47%-4%2.9×n/an/a
Digital China 0861.HKHong Kong$410M-14%+16%1%0.4×1.5%+2.8%
Climb Global Solutions CLMBUnited States$741M+97%+24%4%0.9×13.1%+21.0%
Jetwell Computer 3147.TWOTaiwan$384M+63%+105%7%0.8×-6.9%+25.9%
Esprinet PRT.MIItaly$379M-9%+5%1%0.1×2.7%-0.9%
SFC 301558.SZChina$793M-19%-8%4%2.5×30.3%-3.2%

Questions

Which companies are S.A.S. Dragon's closest peers?
The cockpit's peer set: AB S.a. (ABE.WA), Ryoden (8084.T), Shenzhen Best of Best (001298.SZ), Weikeng Industrial (3033.TW), Hakuto (7433.T), Dingli (300050.SZ), Miraini (546A.T), IngDan (0400.HK).
Is S.A.S. Dragon expensive compared with its peers?
On ev / sales it trades at 0.2× against a peer median of 0.4×, 2nd cheapest of 20 in its peer set.
How has S.A.S. Dragon stock performed?
Over six months to 6 Nov 2026 the shares returned +16.1% against -0.9% for the median peer; over one year +49.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.