0710.HK

Strong BuyUnloved QualityAI neutral

BOE Varitronix Limited · Technology · Hong Kong · $392M

HKD 3.79 -2.7% · close 6 Oct · scored 7 Oct

StockRank down 1.2 since 6 Oct.

Unloved Quality: Strong and cheap; the market has not turned yet.

89
StockRank
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Quality
54
Value
94
Momentum
37

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P/E (TTM)
10.3x
peers 12.5x
ROE
6.5%
peers 4.3%
D/E
0.1x
peers 0.1x
Dividend %
3.9%
trailing yield
AI CONVICTION THESIS

BOE Varitronix makes automotive and industrial display modules and is controlled by BOE Technology. It trades on a very low valuation, but auto displays are a competitive, price-driven business with customer concentration and exposure to a slowing auto cycle. Momentum is weak.

ABOUT BOE VARITRONIX LIMITED

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BOE Varitronix Limited is a leading manufacturer of small to medium-sized liquid crystal display (LCD) and organic light-emitting diode (OLED) modules for various applications, including automotive, industrial, and medical devices. Its competitive moat stems from its advanced display technology, high-quality manufacturing processes, and strong focus on specialized, high-reliability display solutions for demanding environments. The company is a significant niche player in the global display market, particularly for automotive human-machine interface (HMI) applications.

FINANCIAL SUMMARY (HKD)

Year2021202220232024CAGRTTM2026E2027EFwd CAGR
Revenue7.7B10.7B10.8B13.4B20.2%14.4B14.8B16.4B6.8%
EPS (HKD)0.450.780.600.503.2%0.380.620.7615.4%
Shares736.2M791.4M779.2M779.2M+5.8%762.6M———
Debt22.6M679.0M642.0M410.7M163.1%348.6M———
Equity3.0B4.1B4.4B4.5B14.4%————
Op CF664.8M774.0M1.2B1.5B29.9%897.8M———
Inv CF-254.5M-1.2B-224.1M-1.8B—————
Fin CF210.1M1.1B-263.5M-430.2M—————
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PRICE (1Y) · HKD+1.5%
3.73.94.14.34.525 Aug15 Sep6 Oct
SMA 50SMA 200

Price checkExperimental
SwingsAverage

Calmer than 55% of stocks we rank over the past year (39% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
HKD 3.79
RSI (14)
48.8
52-Week Range-32.9% from high
Low HKD 3.66High HKD 5.64

SCORE BREAKDOWN

Quality
54
ROIC
8.8%55.8
ROE
6.5%45.4
GP/Assets
22.0%53.8
Op. Margin
2.5%35.6
FCF/Assets
5.2%61.5
Piotroski
661.2
Int. Cover
28.5x64.3
D/E Ratio
0.07x68.4
Current Ratio
1.36x25.8
Value
94
P/E (TTM)
10.3x89.9
EV/EBITDA
-2.4x99.4
P/FCF
5.2x94.5
P/B
0.6x95.5
P/S
0.2x97.2
Div Yield
3.9%85.0
Momentum
37
52W High %
67%48.3
RS 6M
-4%55.6
SMA 50/200
0.93x34.5
EPS Rev 4W
-3.2%7.8
EPS Rev 12W
-3.2%14.5
EPS Improve
+77%50.8
Q Growth
-27%16.0

FUNDAMENTALS

Market Cap
$392M
P/E (Forward)
5.8x
Gross Margin
17.6%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 0710.HK are excluded.

TickerCompanyMkt CapStockRankSignal
0710.HKBOE Varitronix Limited(you)$392M89Strong Buy
0732.HKTruly International Holdings Limited$291M81Strong Buy
BN2.SIValuetronics Holdings Limited$312M72Buy
0259.HKYeebo (International Holdings) Limited$316M57Hold
0117.HKTianli Holdings Group Limited$325M53Hold
0833.HKAlltronics Holdings Limited$57M80Buy
0698.HKTongda Group Holdings Limited$51M59Hold
0894.HKMan Yue Technology Holdings Limited$131M39Hold
0532.HKWong's Kong King International (Holdings) Limited$52M56Hold
0031.HKChina Aerospace International Holdings Limited$187M23Sell

Peer medians: ROE 4.3% · P/E 12.5x · Gross margin 17.3%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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BOE Varitronix Limited (0710.HK): Stock Score Summary

BOE Varitronix Limited (0710.HK) has a MoatMap StockRank of 89/100 based on Quality (54/100), Value (94/100), and Momentum (37/100) factor scores. The current signal is STRONG BUY. BOE Varitronix makes automotive and industrial display modules and is controlled by BOE Technology. It trades on a very low valuation, but auto displays are a competitive, price-driven business with customer concentration and exposure to a slowing auto cycle. Momentum is weak.

BOE Varitronix Limited is a leading manufacturer of small to medium-sized liquid crystal display (LCD) and organic light-emitting diode (OLED) modules for various applications, including automotive, industrial, and medical devices. Its competitive moat stems from its advanced display technology, high-quality manufacturing processes, and strong focus on specialized, high-reliability display solutions for demanding environments. The company is a significant niche player in the global display market, particularly for automotive human-machine interface (HMI) applications.

Key Financial Metrics

PriceHKD 3.79
Market Cap$392M
P/E (TTM)10.29
P/E (Forward)5.83
Price/Book0.63
Return on Equity6.5%
Return on Invested Capital8.8%
Debt/Equity0.07x
Gross Margin17.6%
Operating Margin2.5%
Revenue Growth5.9%
Dividend Yield3.9%
Free Cash Flow$76M

BOE Varitronix Limited operates in the Electronic Components industry, part of the Technology sector (Hong Kong).

Frequently Asked Questions

What is BOE Varitronix Limited’s (0710.HK) StockRank?
MoatMap’s StockRank for BOE Varitronix Limited (0710.HK) is 89/100, with a Strong Buy signal. It is a composite of Quality (54), Value (94), and Momentum (37) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does BOE Varitronix Limited have an economic moat?
BOE Varitronix Limited (0710.HK) has a Quality factor score of 54/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is BOE Varitronix Limited a buy, hold, or sell?
MoatMap’s current signal for BOE Varitronix Limited (0710.HK) is Strong Buy, based on a StockRank of 89/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is BOE Varitronix Limited in?
BOE Varitronix Limited (0710.HK) operates in the Technology sector, specifically the Electronic Components industry (Hong Kong).