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Upturn AI Summary - About
AMTD Digital Inc.(HKD)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for HKD
11/13/2026: HKD (1-star) is currently NOT-A-BUY. Pass it for now.
AMTD Digital Inc. is a digital-first financial services company that operates an ecosystem platform connecting businesses, capital, and technology partners across Asia. Its primary strengths lie in its Spider-Net ecosystem and niche B2B advisory focus, which allows for specialized cross-border connectivity. The main growth opportunity involves expanding its digital asset and fintech services, though it faces significant competition from large regional tech-finance incumbents. Investors must consider high price volatility, regulatory risks, and the company's concentrated revenue base, which make it better suited for those with a high risk tolerance. The stock lacks reliable dividend income and is most appropriate for those monitoring institutional adoption and ecosystem expansion.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers exposure to high-growth Asian fintech trends but lacks consistent long-term performance data. |
| Momentum investor | Strong fit while signal remains positive | The stock has demonstrated extreme volatility that can attract momentum traders when positive technical signals emerge. |
| Value investor | Weak fit | The stock often trades at valuations that appear decoupled from traditional fundamentals. |
| Dividend investor | Weak fit | The company does not provide reliable income through dividends. |
| Low-risk investor | Weak fit | High price volatility and regulatory uncertainty make this unsuitable for risk-averse investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Extreme swings can lead to significant capital loss in short periods. |
| Valuation risk | High | Market price has historically deviated significantly from intrinsic book value. |
| Competition risk (tech-finance platforms) | Medium / high | Competing with entrenched giants like Tencent and Alibaba is difficult for smaller players. |
| Business quality | Medium | The business relies heavily on network effects and related-party ecosystem dynamics. |
| Dividend income | Low / none | Investors cannot rely on this stock for steady income generation. |
| Execution risk | Medium / high | The complexity of building a cross-border ecosystem poses significant operational challenges. |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 439.99M USD | Price to earnings Ratio 8.75 | 1Y Target Price - |
Price to earnings Ratio 8.75 | 1Y Target Price - | ||
Volume (30-day avg) 137.5K shares | Beta 1.95 | 52 Weeks Range 1.26 - 2.14 | Updated Date 11/13/2026 |
52 Weeks Range 1.26 - 2.14 | Updated Date 11/13/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.16 |
Sector & Industry Intelligence
Sector
Technology
Caution- Sentiment
- Near Bearish
- Momentum
- Rapid Breadth Deterioration
- BUY participation
- 30.1%
- Active BUY / eligible
- 37 / 123
- 30-Day BUY Count Change
- -42
- Market state
- Weak Bullish / Near Bearish
BUY participation is falling rapidly, suggesting elevated market vulnerability.
Industry
Software - Application
- BUY participation
- 55.0%
- Active BUY / eligible
- 11 / 20
- 30-Day BUY Count Change
- -1
Sector signal summarizes BUY breadth conditions for the sector. It does not override this stock’s BUY, SELL, or PASS advisory.
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -39.84% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/13/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Digital Financial Services | Advisory and transaction fees from digital financial consulting. | Revenue comes from helping other companies navigate digital financial ecosystems. |
| Investment Holding | Capital gains and investment income from portfolio companies. | The company invests its own capital into other digital tech companies. |
| Spider-Net Ecosystem | Membership and platform service fees for ecosystem access. | Companies pay for access to the network and connections AMTD provides. |
Valuation
Trailing PE 8.75 | Forward PE - | Enterprise Value 701.49M | Price to Sales(TTM) 3.47 |
Enterprise Value 701.49M | Price to Sales(TTM) 3.47 | ||
Enterprise Value to Revenue 14.11 | Enterprise Value to EBITDA 6.3 | Shares Outstanding 197.02M | Shares Floating 108.66M |
Shares Outstanding 197.02M | Shares Floating 108.66M | ||
Percent Insiders - | Percent Institutions 0.24 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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