1810:HKEX

Xiaomi Corporation

Data as of 2026-03-10 - not real-time

HK$34.02

Latest Price

6/10Risk

Risk Level: Medium

Executive Summary

Technical outlook: The stock is trading below its 20‑day and 50‑day moving averages, with a bearish MACD crossover and an RSI in the mid‑40s, indicating limited upside in the immediate term. Fundamental outlook: Valuation metrics show the price well below the discounted cash‑flow fair value and the industry average PE, while revenue growth remains robust and cash balances are strong.
The market sentiment is currently at an "Extreme Greed" level, but high 30‑day volatility and a low beta suggest price swings could be pronounced. Recent news of unchanged flagship pricing supports the view that the company is maintaining its margin discipline, adding a modest catalyst for a medium‑term rebound.

Trading Recommendations

Short Term

< 1 year
hold
Conviction: 6/10

Key Factors

  • Bearish MACD and price below short‑term moving averages
  • High recent volatility
  • Support level still intact but limited immediate catalysts

Medium Term

1–3 years
buy
Conviction: 7/10

Key Factors

  • Significant valuation upside versus DCF fair value
  • Strong revenue growth and cash generation
  • Stable pricing strategy for flagship devices

Long Term

> 3 years
buy
Conviction: 8/10

Key Factors

  • Undervalued relative to peers and intrinsic valuation
  • Robust ecosystem revenue and expanding IoT portfolio
  • Low beta indicating defensive characteristics over longer horizons

Key Metrics & Analysis

Financial Health

Revenue Growth22.30%
Profit Margin9.82%
P/E Ratio20.9
ROE19.86%
ROA5.27%
Debt/Equity10.39
P/B Ratio2.9
Op. Cash FlowHK$57.4B
Free Cash FlowHK$32.4B
Industry P/E36.8

Technical Analysis

TrendBearish
RSI45.0
SupportHK$31.20
ResistanceHK$37.50
MA 20HK$34.82
MA 50HK$36.21
MA 200HK$47.15
MACDBearish
VolumeIncreasing
Fear & Greed Index75.89

Valuation

Fair ValueHK$46.12
Target PriceHK$49.11
Upside/Downside44.34%
GradeUndervalued
TypeBlend

Risk Assessment

Beta0.14
Volatility37.90%
Sector RiskMedium
Reg. RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskLow

This analysis may contain inaccuracies. Not financial advice. Always do your own research before making any investment decisions.