What is High Templar Tech Ltd (HTT)'s fair-value range?

EvidInvest reads High Templar Tech Ltd (HTT)'s market price back into the assumptions behind it — the implied P/E, growth rate and cash yield — using its latest filed financials, then lets you set your own. See the full DCF, Graham number, EPV and multiple-based methods at https://evidinvest.com/valuation/HTT.

How is High Templar Tech Ltd (HTT)'s fair value calculated?

High Templar Tech Ltd (HTT)'s fair value is computed with several independent methods — a discounted cash flow (DCF) model, the Graham number, earnings power value (EPV), and valuation multiples such as PE and EV/EBITDA — using data from SEC filings. P/B is optional for non-financial companies and included in the preset range for financial sectors.

Which filing are High Templar Tech Ltd (HTT)'s valuation inputs based on?

Inputs come from the FY2025 20-F filed 2026-04-10 (accession 0001104659-26-041728). Source: https://www.sec.gov/Archives/edgar/data/1692705/000110465926041728/

Fair value · High Templar Tech Ltd (HTT) · updated 2026-10-29 · from 20-F FY2025

High Templar Tech trades at $1.82. That price implies a P/E of 3.0× and 4.5% yearly EPS growth for a decade.

Name: High Templar Tech Ltd (HTT) valuation inputs and fair-value methods
Creator: EvidInvest
License: https://evidinvest.com/subscription-terms

Cboe · delayed 15 min · as of 17:28 ET

Statements filed in CNY, converted to USD at the 2025-12-31 period-end rate (7.0010 CNY per USD; ECB reference rates).

Are those assumptions reasonable? Use HTT’s filed growth history and the AI chat to decide, then set your own inputs below — the range you build is yours.

What the price implies

P/E: 3.0×
EPS growth: 4.5%

Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings. This price: Cboe · delayed 15 min · as of 17:28 ET.

Set your own assumptions ↓See how each method got its number Check another stock

Inputs come from the FY2025 20-F filed 2026-04-10 (accession 0001104659-26-041728); set your own on the sliders below. Research, not investment advice.

The filing behind these numbers

High Templar Tech Ltd

Revenue: CNY 41.0M
Diluted EPS: CNY 4.25
Free cash flow: CNY 570.4M; operating cash flow − capital expenditure
Diluted shares: 157.9M; weighted average

20-F FY2025 · fiscal year ended 2025-12-31 · filed 2026-04-10 · accession 0001104659-26-041728

Open this filing on sec.gov

Valuation tool: build your own HTT range

Fair Value Summary

Daily Price — HTT

$1.88 -60.3% (1Y)

Range implied by today’s price2 of 8 methods

$3.17 – $5.88

Price $1.82

Bear $3.17Base $4.53Bull $5.88

Range with preset inputs

$7.23 – $7.23

Price $1.82

Bear $7.23Base $7.23Bull $7.23

Every method that could be solved backwards opens on the assumption today’s price makes, so the top range sits on the price — that is arithmetic, not a view. Change any input and it becomes yours.

We don’t tell you what HTT is worth. Every tab OPENS on what today’s price implies for that method’s key assumption; you decide whether that assumption is reasonable — the growth matrix has HTT’s filed history and the AI chat will reason it through with you — and the range you build is yours. Our presets are filed history and reference settings, never a recommendation.

Discounted cash flow

N/A

Starting free cash flow is not positive; the model has nothing to grow.

Preset inputs — revenue-driven DCF from the latest filing

Two-stage FCF model at the same filed inputs: $10.61 — move any slider below and that model takes over.

• Starting free cash flow is not positive; the model has nothing to grow.

Implied by today’s price

The price implies stage-1 FCF growth of -50.0%. Even free cash flow shrinking 50% a year lands above today’s price with the other inputs held; −50% is the edge of what this model can show.

Not solvable from the price — Even free cash flow shrinking 50% a year lands above today’s price with the other inputs held; −50% is the edge of what this model can show. Showing preset inputs.

That is the assumption the market is making — not ours, and not a recommendation. Decide whether it is reasonable: the growth matrix shows what HTT has actually filed, and the AI chat will reason it through with you.

Your inputs

Free cash flow grows at your stage-1 rate, then your stage-2 rate, then a terminal rate; everything is discounted at your WACC.

Stage-1 growth5.0%

Yearly free-cash-flow growth for the first stage. Starts below zero so a shrinking-cash-flow case — and the rate today’s price implies — can be set.

-20.0%60.0%

Stage-1 years5 yrs

How long stage-1 growth lasts.

1 yrs10 yrs

Stage-2 growth2.5%

Slower growth after stage 1, before the terminal phase.

-20.0%30.0%

Stage-2 years5 yrs

0 yrs10 yrs

Terminal growth2.5%

Growth forever after the two stages. Above ~3% is rarely justified.

0.0%5.0%

Discount rate (WACC)10.78%

The return you require. Default is the WACC EvidInvest computed for this company. Higher discount rate, lower value.

3.00%15.00%

Net debt ($M)Debt minus cash, from the balance sheet. Subtracted from enterprise value.

Starting FCF ($M)Latest free cash flow from the filing (operating cash flow minus capex).

Shares (M)Diluted shares, from the filing.

Year by year (two-stage model, $M)

PV explicit $593M · PV terminal $520M · EV $1,113M · equity $1,677M

Year	Stage	FCF	Present value
1	Stage 1	$85M	$77M
2	Stage 1	$89M	$73M
3	Stage 1	$94M	$69M
4	Stage 1	$98M	$65M
5	Stage 1	$103M	$62M
6	Stage 2	$106M	$57M
7	Stage 2	$109M	$53M
8	Stage 2	$111M	$49M
9	Stage 2	$114M	$45M
10	Stage 2	$117M	$42M

Inputs from the filing

Statements filed in CNY, converted to USD at the 2025-12-31 period-end rate (7.0010 CNY per USD; ECB reference rates).

Free cash flow: $81.5M; latest full year
EBIT: $-56.9M; latest annual
Shares: 157.9M
Total debt: $225.8M
Cash: $790.2M
Net debt: $-564.4M; debt − cash

20-F FY2025 · period ended 2025-12-31 · filed 2026-04-10 · accession 0001104659-26-041728 · sec.gov

Prefer a blank slate with reverse DCF? Open the standalone DCF / reverse DCF for HTT

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Download the full HTT valuation report (PDF) — free

DCF fair value, Graham number, EPV, key multiples and growth rates in one clean PDF.

High Templar Tech trades at $1.82. That price implies a P/E of 3.0× and 4.5% yearly EPS growth for a decade.

The filing behind these numbers

Valuation tool: build your own HTT range

Daily Price — HTT

Range implied by today’s price2 of 8 methods

Range with preset inputs

Your inputs

Year by year (two-stage model, $M)

More on HTT

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Valuation tool: build your own HTT range

Daily Price — HTT

Range implied by today’s price2 of 8 methods

Range with preset inputs

Your inputs

Year by year (two-stage model, $M)

More on HTT

Compare with peers

Explore