HKD
AMTD Digital Inc.
$1.59
▲ 0.00%$1.59▼ -13.11%
over 1Y
L $1.27EODHDH $2.95
Today+0.0%
1W+1.9%
1M-4.8%
3M-5.4%
YTD+18.7%
1Y-13.1%
Buy
Conviction
Horizon
Medium (3–12mo)
Revenue grew 565.7% YoY.
Revenue (FY2025) $136M · FY2025
The read
Quality fundamentals and an attractive price line up (~952% below fair value) — the rarer case where both the business and the entry look good.
AMTD Digital Inc. shows $136M in FY2025 revenue (+565.7% YoY), a 71.3% net margin, and 36.8% ROE.
Supporting the case: revenue grew 565.7% YoY; strong net margin (71.3%); high return on equity (36.8%); undemanding valuation (P/E 3.6).
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $42.2M | $48.5M | $20.4M | $136M |
| Gross profit | — | — | — | — |
| Operating income | $609K | $153K | $37.0M | $1.12M |
| Net income | $25.8M | $40.8M | $41.7M | $97.0M |
| Diluted EPS | $0.41 | $0.57 | $0.58 | $0.44 |
| Net margin | 61.2% | 84.2% | 203.8% | 71.3% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$890M
EV / EBITDA84.0
EV / Sales6.5
EV / FCF62.1
P / FCF34.9
PEG (trailing)0.03
Earnings yield19.4%
FCF yield2.9%
Quality & risk
ROIC (est.)0.1%
Free cash flow$14.3M
Total debt$437M
Net cash-$391M
Piotroski F-Score6/8
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+61.2%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Recent filings
all on EDGAR ↗6-KPeriod ending 2026-06-182026-06-18open ↗6-KPeriod ending 2026-06-022026-06-02open ↗6-KPeriod ending 2026-05-292026-05-29open ↗3Period ending 2026-03-182026-03-30open ↗3Period ending 2026-03-182026-03-27open ↗3Period ending 2026-03-172026-03-17open ↗3Period ending 2026-03-172026-03-17open ↗3Period ending 2026-03-172026-03-17open ↗6-KPeriod ending 2026-03-092026-03-09open ↗20-FPeriod ending 2025-10-312026-02-27open ↗20-F/APeriod ending 2024-10-312026-02-18open ↗SCHEDULE 13D/AFiling2026-02-17open ↗
Frequently asked
- Is AMTD Digital Inc. (HKD) a buy?
- HKD currently carries a Buy rating with 5/5 conviction, derived from its latest SEC filings. Revenue grew 565.7% YoY.
- What is HKD's fair value?
- A Modified-Graham model based on HKD's SEC fundamentals estimates a fair value of about $16.72. It is an estimate from reported earnings, not a price target.
- Is HKD overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, HKD currently appears undervalued relative to its SEC-grounded earnings power.
- What is AMTD Digital Inc.'s quality score?
- HKD scores 75.66666666666666/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001809691, latest 6-K filed 2026-06-18) · EODHD · as of 7/1/2026, 3:36:59 AM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.