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Provider of lottery technology, terminals and related services for lottery operators, mainly in China.
Provider of lottery technology, terminals and related services for lottery operators, mainly in China.
In one line: A Chinese IGT-style lottery technology provider.
Moat: narrow (regulatory licence, installed base). Licensed relationships with China's state lottery system and installed terminal base.
Headquarters: Hong Kong · Founded: 1992 · Employees: 401
Size AGTech (8279.HK) is a Hong Kong Industrials company (Wholesale Distributors) with a market value of $1.78B, the 444th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.22 on 6 Nov 2026.
Performance Over six months the shares gained 109.5%, against -0.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 23.7% over the last twelve months (peer median +6.3%); the operating margin is 7.7% (peer median 6.7%).
Valuation It trades at 10.2× enterprise value to sales against a peer median of 1.4× (3rd most expensive of 21).
Price implies For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is +36%, so the hurdle is -51 pp: the price already allows for a slowdown.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$761M | HK$761M | HK$615M | HK$613M | HK$351M |
| Revenue growth | — | +24% | 0% | +75% | — |
| Gross profit | HK$412M | HK$412M | HK$274M | HK$287M | HK$94.3M |
| EBITDA | HK$123M | HK$137M | HK$45.2M | HK$20.8M | -HK$51.0M |
| Net income | -HK$39.7M | -HK$39.7M | -HK$90.4M | HK$25.5M | -HK$127M |
| Free cash flow | n/a | HK$5.49B | HK$1.19B | -HK$2.52B | HK$2.76B |
| Capital expenditure | n/a | HK$24.7M | HK$23.9M | HK$87.6M | HK$30.1M |
| Total debt | n/a | HK$64.5M | HK$74.6M | HK$65.1M | HK$70.1M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| AGTech 8279.HK | $1.78B | +109% | +24% | 8% | 10.2× | -14.9% |
| Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh LNW.AX | $6.22B | +1% | 0% | 27% | 3.2× | -8.5% |
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.
| Measure | 8279.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.7% | -0.3% | 8th highest of 21 |
| 6-month return | +109.5% | -0.8% | 3rd highest of 21 |
| Distance from 52-week high | -27.7% | -22.7% | 9th lowest of 21 |
| Revenue growth (TTM) | +23.7% | +6.3% | 2nd highest of 21 |
| Operating margin | 7.7% | 6.7% | 9th highest of 19 |
| EV / Sales | 10.2× | 1.4× | 3rd most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | -14.9% | 6.6% | least demanding of 18 |
| Growth delivered (Del g) | +36.3% | +7.6% | 3rd highest of 18 |
| Hurdle (Req g minus delivered) | -51.2 pp | -6.2 pp | 2nd least demanding of 18 |
| EV / EBITDA | 62.8× | 10.5× | most expensive of 10 |
| Net debt / EBITDA | -52.4× | 2.0× | least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| AGTech 8279.HK | Hong Kong | $1.78B | +109% | +24% | 8% | 10.2× | -14.9% | +36.3% |
| Arteche Lantegi Elkartea ART.MC | Spain | $1.77B | -36% | +11% | 14% | 3.1× | 7.2% | +13.9% |
| Happinet 7552.T | Japan | $1.82B | +133% | +19% | 3% | 0.6× | -4.1% | +11.1% |
| Inaba Denkisangyo 9934.T | Japan | $1.82B | -4% | +15% | 8% | 0.4× | -11.9% | +8.5% |
| Tibet Huayu Mining 601020.SS | China | $1.83B | -48% | -22% | 23% | 9.4× | n/a | n/a |
| Anhui Xinhua Media 601801.SS | China | $1.72B | -3% | -16% | 4% | 0.3× | n/a | n/a |
| Norinco International Cooperation 000065.SZ | China | $1.72B | -23% | -21% | 9% | 1.0× | -5.1% | +1.1% |
| Pengxin International Mining 600490.SS | China | $1.85B | -32% | -20% | n/a | 2.1× | 6.6% | -17.2% |
| Jiangxi Tungsten Rare and Precious Equipment 600397.SS | China | $1.86B | -13% | -92% | n/a | 40.7× | n/a | n/a |
| Travis Perkins TPK.L | United Kingdom | $1.86B | +28% | 0% | 3% | 0.4× | 8.5% | +4.3% |
| ARE 5857.T | Japan | $1.89B | +1% | +38% | 7% | 0.8× | 2.0% | +29.4% |
| Dalrymple Bay Infrastructure DBI.AX | Australia | $1.92B | +6% | +11% | 29% | 5.5× | 7.8% | +104.8% |
| BIC Cameras 3048.T | Japan | $1.94B | +10% | +7% | 4% | 0.3× | -8.2% | +4.5% |
| Distribution Solutions DSGR | United States | $1.62B | +27% | +6% | 4% | 1.2× | 15.5% | +41.3% |
| Hillman Solutions HLMN | United States | $1.62B | +6% | +6% | 6% | 1.6× | 17.9% | +2.6% |
| Currys CURY.L | United Kingdom | $1.97B | +16% | +6% | 2% | 0.2× | 4.3% | -2.2% |
| Xinjiang Zhongtai Chemical 002092.SZ | China | $1.57B | -41% | +7% | 3% | 1.4× | -4.2% | -19.5% |
| Shanghai Xinhua Media 600825.SS | China | $2.03B | +118% | +1% | -1% | 8.4× | 44.5% | +2.3% |
| Electrolux Professional EPRO-B.ST | Sweden | $1.52B | +20% | -4% | 10% | 1.4× | 4.9% | +10.9% |
| ZheJiang Dong Ri 600113.SS | China | $1.48B | -46% | -1% | 16% | 13.1× | 38.5% | +7.6% |
| DXP Enterprises DXPE | United States | $2.18B | -10% | +11% | 9% | 1.3× | 6.6% | +14.9% |