SU Group Holdings Limited Ordinary Shares logo

SU Group Holdings Limited Ordinary Shares(SUGP)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$0.56
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for SUGP

09/25/2026: SUGP (1-star) is currently NOT-A-BUY. Pass it for now.

SU Group Holdings Limited is a Hong Kong-based service provider specializing in security-related engineering and building maintenance. The company benefits from a stable revenue base supported by long-term service contracts with government and institutional clients. Its primary growth opportunity lies in upgrading legacy facilities to modern, tech-enabled standards. However, investors must weigh these strengths against significant risks, including high customer concentration and intense competition within the fragmented Hong Kong market. The stock may suit investors looking for exposure to regional infrastructure services, though the lack of a dividend and small-cap liquidity warrant caution.

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 styleFitWhy
Growth investorWeak fitThe company operates in a mature, slow-growth market with limited prospects for rapid scaling.
Momentum investorWeak fitThe stock lacks the high volatility or volume trends typically sought by momentum traders.
Value investorMixed fitPotential value exists if the stock trades significantly below tangible book value, but business growth remains constrained.
Dividend investorWeak fitThe company does not prioritize regular dividend distributions.
Low-risk investorWeak fitMicro-cap stocks in this sector carry liquidity and operational concentration risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighAs a micro-cap, the stock is subject to significant price swings on low trading volume.
Valuation riskMediumValuation is sensitive to market sentiment and the company's ability to maintain contract margins.
Competition risk (service market saturation)HighThe sector is highly fragmented with many aggressive local competitors.
Business qualityMediumThe business is essentially a labor-intensive service provider with low-to-moderate moats.
Dividend incomeLow / noneIncome investors will not find a consistent dividend yield here.
Execution riskMediumThe ability to execute large contracts on time and within budget is critical for profitability.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -54.76%
Avg. Invested days 8
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
SUGP receives a 2-star rating, supported by available scored pillars. The rating is constrained by weak unit economics, soft company fundamentals, and soft analyst coverage.

Company Fundamentals

★★★★★
SUGP has soft overall fundamentals (2 stars), with soft financial health, soft growth momentum, and soft ownership. In FY2026 versus FY2025, growth and ownership metrics are mixed: negative earnings growth (-273.2%), soft cash generation (FCF margin -8.9%), moderate revenue growth (+5.4%).

Financial Health Rating

★★★★★
SUGP's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 0.0%). Profitability is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is SUGP's strongest growth driver at +5.4% FY2026 versus FY2025 (moderate, 3 stars). By comparison, while earnings growth (-273.2%, negative) and free-cash-flow growth (-257.3%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 1.2% and approximately 30.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.73%, which materially reduces the ownership score.

Top 5 Institutional Investors

Citigroup Inc 0.65%
UBS Group AG 0.00%

Unit Economics (Per $1K Revenue)

★★★★★
SUGP generates approximately $160 of gross profit, $-93 of operating income, and $-89 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 3.36%

Quantitative Style Profile

★★★★★
SUGP has a relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.39M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 10.2M shares
Beta 0.79
52 Weeks Range 0.45 - 55.00
Updated Date 09/26/2026
52 Weeks Range 0.45 - 55.00
Updated Date 09/26/2026
Dividends yield (FY) -
Basic EPS (TTM) -8.52

How Company Makes Money

Business areaWhat it includesRetail investor read
Security EngineeringDesign, installation, and commissioning of integrated security and surveillance systems.The company gets paid to install and setup cameras and alarm systems for buildings.
Building MaintenanceLong-term service agreements for the upkeep of building facilities and systems.The company provides ongoing repair and maintenance services, generating recurring income.
Geography: Hong KongPrimary revenue concentration in the Hong Kong Special Administrative Region.The company's success is almost entirely tied to the economy and property sector of Hong Kong.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE -
Enterprise Value -1.51M
Price to Sales(TTM) 0.01
Enterprise Value -1.51M
Price to Sales(TTM) 0.01
Enterprise Value to Revenue 0.01
Enterprise Value to EBITDA 40.91
Shares Outstanding 1.42M
Shares Floating 435.80K
Shares Outstanding 1.42M
Shares Floating 435.80K
Percent Insiders 0.73
Percent Institutions 1.18

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon 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)

Information icon 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)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About SU Group Holdings Limited Ordinary Shares

Exchange NASDAQ
Headquarters -
IPO Launch date 2024-01-24
Chairman & CEO Mr. Ming Chan
Sector Industrials
Industry Security & Protection Services
Full time employees 316
Full time employees 316

SU Group Holdings Limited, through its subsidiaries, operates as an integrated security-related services company in Hong Kong and internationally. It operates in two segments, Security-Related Engineering Services Business, and Security Guarding and Screening Services Business. The company provides security-related engineering, security guarding and screening, and related vocational training services. It also engages in the design, supply, installation, maintenance, and testing and commissioning of various security systems. In addition, the company offers threat detection systems, including X-ray machines, trace detection products, metal detectors, and mail screening machines; traffic and pedestrian control systems, such as traffic control, automatic fare control, automatic door, and people counting systems, as well as turnstiles; and ELV systems, such as CCTV systems, access control systems, public address systems, and building management systems. Further, the company provides screening services, such as the detection of explosives, and incendiary devices in air cargo consignment and detection of dangerous goods through threat detection systems by screeners; and training courses for basic security services, mandatory basic safety, and training revalidation courses. Additionally, it offers leasing equipment and project and maintenance services. SU Group Holdings Limited was founded in 1998 and is headquartered in Kwun Tong, Hong Kong. SU Group Holdings Limited is a subsidiary of Exceptional Engineering Limited.