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DGNX

Diginex Limited Ordinary Shares (DGNX) fair value

Industrials · Consulting Services · NASDAQ · United States
$1.40+12.00%
Market cap $63MNext earnings 2026-11-06Updated Oct 24, 2026
Our verdict
Trades 276% above our fair value
Price
$1.40
Model fair valueConfidence: low
about $0.37
Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Treated as a pre-revenue company. None of the usual models had enough data, so this uses Net asset value instead.
ACCE opinionDiginex Limited Ordinary Shares (DGNX)
Fair value
Not available
ACCE price target
$0.59
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $1.40 at the close on 23 Oct 2026, 22:00 CEST.
Models: Net asset value.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
26
out of 100
P/E
0.0x
forward 0.0x
1-year return
-98.8%
Dividend yield
0.00%

Diginex Limited Ordinary Shares in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Diginex is a Hong Kong-listed ESG and sustainability consulting firm that sells carbon accounting, climate disclosure and ESG data-platform services to listed and mid-sized companies in Asia. The case for a closer look rests on its positioning in a structural tailwind, since mandatory climate and sustainability reporting rules are spreading across Asian markets and drive demand for exactly this kind of work. The problem is the financials: revenue grew 3.3% while the operating margin sits at -910.9% and return on equity at -250.4%, so the business is spending far more than it earns and the gross margin of 100.0% tells you little about unit economics. With a $58M market cap, a score of 26/100 and no index membership, the name only merits deeper work if the reporting-regulation demand is showing up in contracted, recurring revenue and a credible path to cutting the cost base.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
  • severe
    Cash burn outruns the balance sheet
    Free cash flow is -$11.6M against a $59M market cap, and operating margin is -910.9%. Debt is negligible, but the burn rate is the central question for this stock.
  • high
    Score down sharply in 90 days
    The ACCE score fell from 37 to 26 over 90 days, with Value at 10 and Momentum at 17. The deterioration is broad rather than confined to one factor.
  • high
    Price well above ACCE target
    The stock trades 137.3% above the ACCE price target of $0.59, against a price of $1.40. The gap is large and the ACCE model sees limited valuation support at this level.

AI research notes

AI-assisted·How I use AIWritten Oct 18, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 34.0% per year on average over five years, showing the business has expanded quickly in the past.
  • Debt is very small relative to equity, with debt to equity at 0.01, so creditors are not a near-term pressure.
  • The diluted share count fell 81.5% last fiscal year, so each remaining share now represents a larger slice of the company.
Why it could disappoint
  • Free cash flow over the last twelve months was negative at -$12M, so the business is consuming cash rather than generating it.
  • Revenue grew only 3.3% over the past year, far below its five-year average of 34.0% per year.
  • Return on equity of -250.4% and a net margin of 0.0% mean the company is not yet earning a profit on shareholder money.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

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Valuation

INVESTOR
Where DGNX's valuation models land
Price
$1.40
Model fair valueConfidence: low
about $0.37
Model
Fair value
Upside
Net asset value
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+18.6%
1 month
-4.8%
3 months
-0.7%
6 months
-63.0%
YTD
-95.8%
1 year
-98.8%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
15 Oct 2026, 00:00 CESTACCE price target$0.59first publication$1.23

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth28Value10Quality47Momentum17Total26
Valuation
Trailing P/E
0.0x
Forward P/E
0.0x
PEG
no data
P/B
2.16x
EV / Revenue
10.8x
Book value/sh
$0.70
Enterprise value
$39M
Profitability
ROE
-250.4%
FCF yield
-18.47%
ROIC
no data
Health and risk
Debt / equity
0.01
Dividend yield
0.00%
Beta
no data

Price

-98.8% · 1Y

Ask anything about DGNX

Answered from Diginex Limited Ordinary Shares fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 143.5x
ROEbetter than 0% of peers
low -250%-250%high 54%
Div yieldbetter than 83% of peers
low 0.0%0.0%high 11.0%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
DGNX Diginex Limited Ordinary Shares$1.40----250.4%4726
LLYC.MC Llorente & Cuenca, S.A.€5.25--11.4x54.1%6753
AAA.PA Alan Allman Associates€1.70€456% below42.5x4.7%2532
RGP Resources Connection Inc. Common Stock$2.69----25.1%3930
ACCL Acco Group Holdings Limited Class A Ordinary Shares$2.87--143.5x14.8%6347
APG.MC Axon Partners Group, S.A.€17.00€2325% below13.9x21.9%9573
AERT Aeries Technology Inc. Class A Ordinary Share$6.11--14.2x18.1%5670

Sector report card

Where DGNX ranks against its sector peers on each metric.

Computing percentiles…
  • GlobeNewswire•Oct 13, 2026
    Diginex Shareholders Approve Transformative Resulticks Combination, to Create a Global AI-Powered Enterprise Intelligence Platform
  • GlobeNewswire•Sep 29, 2026
    Diginex (NASDAQ: DGNX) Launches Enhanced End-to-End Supply Chain Platform Targeting $7+ Billion Market by 2029, Growing at 29% CAGR
  • GlobeNewswire•Sep 25, 2026
    Diginex Limited Announces Extraordinary General Meeting to Approve Proposed Acquisition of Resulticks
18 more press releases · full archive on Investor+.INVESTOR
28 filings of 39
October 2026
Oct 9
6-KForeign current reportPeriod 2026-10-09
View on SEC →
Oct 7
6-KForeign current reportPeriod 2026-10-07
View on SEC →
Oct 5
Form 4Insider transactionPeriod 2026-09-14
View on SEC →
25 more filings + AI summaries on Investor+.INVESTOR