Loading…
← CockpitCompetitor Analysis › 3268.HK MeiG Smart Technology Co., Ltd. Class HOpen in the cockpit ↗

MeiG Smart Technology Co., Ltd. Class H3268.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Information Technology›Telecommunications Equipment
Momentum neutral 41
Mkt cap
$628M
US dollars, full cap
Free float
66%
of shares outstanding
$/day
$1.71M
20-day average traded
Fwd P/E
16.2×
forward earnings
ROIC−WACC
+3.6 pp
WACC 7.8%
Hurdle
n/a
no reverse DCF
Close · HKDHK$16.28
1D-3.3%
1W+12.3%
1M-9.8%
3M-4.2%
6M-29.7%
YTDn/a
1Yn/a
ATR %7.1%
52w lowhigh52.5% off high

What MeiG Smart Technology does

Employees: 983

MeiG Smart Technology at a glance

Size MeiG Smart Technology (3268.HK) is a Hong Kong Information Technology company (Telecommunications Equipment) with a market value of $628M, the 703rd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$16.28 on 6 Nov 2026.

Performance Over six months the shares fell 29.7%, against -26.6% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 31.1% over the last twelve months (peer median +11.8%); the operating margin is 7.2% (peer median -1.8%).

Valuation It trades at 16.2× forward earnings against a peer median of 36.8× (4th cheapest of 11).

Capital Return on invested capital runs 3.6 points above its cost of capital (7.8% WACC).

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026Peer median 723268.HK 69
Six months, rebased to 100: MeiG Smart Technology against the median of its 20 peers (local-currency closes).

MeiG Smart Technology financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$5.07BHK$4.06BHK$3.18BHK$2.37BHK$2.68B
Revenue growth—+27%+34%-12%—
Gross profitHK$920MHK$534MHK$505MHK$418MHK$452M
EBITDAn/aHK$215MHK$234MHK$106MHK$177M
Net incomeHK$248MHK$155MHK$147MHK$71.3MHK$149M
Free cash flow-HK$336M-HK$27.7M-HK$171M-HK$132M-HK$34.5M
Capital expenditureHK$67.9MHK$50.0MHK$29.8MHK$97.7MHK$71.5M
Total debtHK$889MHK$486MHK$425MHK$74.2MHK$529M

Quarterly statements and history in the cockpit →

MeiG Smart Technology 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

-60%-40%-20%0%-20%-10%0%+10%603703300213300177300590688311FTC3007115388FEIM300504002512002796CRI0008923673GILT0023836036600021616887883268.HK6-month return →1-month return →
Up and to the right = strong over both horizons. MeiG Smart Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%25×50×75×300213300590688311FTC5388FEIMCRI3673GILT0021613268.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. MeiG Smart Technology is the large dot.

MeiG Smart Technology competitors and peer comparison

How MeiG Smart Technology 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.

MeiG Smart Technology against its 20 peers (data as of 6 Nov 2026)
Measure3268.HKPeer medianRank in peer set
1-month return-9.8%-11.6%10th highest of 21
6-month return-29.7%-26.6%10th lowest of 21
Distance from 52-week high-52.5%-50.1%9th lowest of 21
Revenue growth (TTM)+31.1%+11.8%8th highest of 21
Operating margin7.2%-1.8%5th highest of 21
Forward P/E16.2×36.8×4th cheapest of 11
ROIC minus cost of capital+3.6 pp-5.9 pphighest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
MeiG Smart Technology 3268.HKHong Kong$628M-30%+31%7%16.2×n/an/a
Zhejiang Shengyang Science & Technology 603703.SSChina$624M-26%+38%-3%n/an/an/a
Beijing Jiaxun Feihong Electrical 300213.SZChina$634M-15%-9%-17%33.9×20.0%-2.1%
Guangzhou Hi-Target Navigation Tech 300177.SZChina$635M-30%-25%-32%n/a25.8%-10.6%
Queclink Wireless Solutions 300590.SZChina$619M-39%+37%9%35.7×n/an/a
Chengdu M&S Electronics Technology 688311.SSChina$618M-32%+66%-22%52.3×n/an/a
Filtronic FTC.LUnited Kingdom$639M-41%-1%7%72.5×59.4%+29.0%
GHT 300711.SZChina$650M-26%+29%14%n/an/an/a
Sercomm 5388.TWTaiwan$591M-19%+34%3%9.3×n/an/a
Frequency Electronics FEIMUnited States$679M+3%+6%8%51.7×n/an/a
Sichuan Tianyi Comheart Telecom 300504.SZChina$685M-1%+17%3%n/an/an/a
Tatwah Smartech 002512.SZChina$567M-16%+32%0%n/a36.0%-2.6%
Suzhou Shijia Science & Technology 002796.SZChina$696M-67%-4%-7%n/a38.8%-10.4%
Creotech Instruments CRI.WAPoland$697M+15%+96%11%85.5×n/an/a
H&R Century Union 000892.SZChina$699M-4%+21%-52%n/an/an/a
TPK 3673.TWTaiwan$701M-9%+1%0%12.5×-14.1%-11.3%
Gilat Satellite Networks GILTUnited States$554M-63%+39%5%12.1×n/an/a
Beijing UniStrong Science & Technology 002383.SZChina$712M-30%-1%-15%n/an/an/a
Suzhou Keda Technology 603660.SSChina$713M-31%-32%-59%n/an/an/a
Invengo Information Technology 002161.SZChina$538M-27%-2%-19%37.9×26.0%+4.9%
ShenZhen Consys Science & Technology 688788.SSChina$746M-41%-22%-173%n/an/an/a

Questions

Which companies are MeiG Smart Technology's closest peers?
The cockpit's peer set: Zhejiang Shengyang Science & Technology (603703.SS), Beijing Jiaxun Feihong Electrical (300213.SZ), Guangzhou Hi-Target Navigation Tech (300177.SZ), Queclink Wireless Solutions (300590.SZ), Chengdu M&S Electronics Technology (688311.SS), Filtronic (FTC.L), GHT (300711.SZ), Sercomm (5388.TW).
Is MeiG Smart Technology expensive compared with its peers?
On forward p/e it trades at 16.2× against a peer median of 36.8×, 4th cheapest of 11 in its peer set.
How has MeiG Smart Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -29.7% against -26.6% for the median peer.

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.