---
title: "Vobile Group (SEHK:3738) Valuation Check After Finloop IP Tokenization Collaboration"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/275927191.md"
description: "Vobile Group (SEHK:3738) has partnered with Finloop Finance Technology to tokenize offshore real-world assets related to cultural and creative intellectual property, aiming to create a compliant digital asset ecosystem. The company's shares have surged, with a 7-day return of 37.09% and a year-to-date return of 35.81%. However, its current P/E ratio of 72.9x is significantly higher than industry averages, indicating potential overvaluation. Investors are cautioned about risks associated with high P/E and the uncertain traction of tokenized IP services. The article emphasizes the importance of thorough research before making investment decisions."
datetime: "2026-02-13T16:31:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275927191.md)
  - [en](https://longbridge.com/en/news/275927191.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275927191.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/275927191.md) | [English](https://longbridge.com/en/news/275927191.md)


# Vobile Group (SEHK:3738) Valuation Check After Finloop IP Tokenization Collaboration

Vobile Group (SEHK:3738) has drawn fresh attention after announcing a collaboration with Finloop Finance Technology to tokenize offshore real world assets tied to cultural and creative intellectual property, with the aim of building a compliant IP backed digital asset ecosystem.

See our latest analysis for Vobile Group.

The Finloop agreement lands at a time when momentum in Vobile Group’s shares has been picking up, with a 7 day share price return of 37.09% and a year to date share price return of 35.81%, alongside a 1 year total shareholder return of 78.59% that contrasts with a 5 year total shareholder return of negative 44.11%.

If this move into tokenized IP is on your radar, it could be worth widening the net and checking out 34 AI infrastructure stocks as another way to find companies tied to the build out of digital rails powering AI.

With Vobile Group’s shares already up strongly over 1 year and the stock trading about 27% below the HK$7.40 analyst price target, the key question now is whether there is still a buying opportunity or if the market is already pricing in future growth.

## Preferred P/E of 72.9x: Is it justified?

The current share price of HK$5.84 sits against a P/E of 72.9x, which screens as expensive next to both peers and the wider Asian software space.

The P/E ratio tells you how much investors are paying today for each dollar of current earnings, and it is a common reference point for software and SaaS names where the market often focuses on profit traction. In Vobile Group’s case, the very high P/E suggests investors are already attaching a strong value to its earnings profile and future potential, rather than treating it as a low expectation turnaround.

Compared with the Asian Software industry average P/E of 24.6x and a peer average of 48.7x, Vobile Group’s 72.9x stands out as a clear premium. It is also well above the estimated fair P/E of 34.2x, which is the level the market could move towards if sentiment and fundamentals eventually line up with that benchmark.

Explore the SWS fair ratio for Vobile Group

**Result: Price-to-earnings of 72.9x (OVERVALUED)**

However, there are clear risks here, including a very high P/E of 72.9x and the possibility that tokenized IP or Web3 services fail to gain traction.

Find out about the key risks to this Vobile Group narrative.

## Build Your Own Vobile Group Narrative

If you see this set of numbers differently, or prefer to kick the tyres yourself, you can build and test your own thesis in minutes: Do it your way.

A great starting point for your Vobile Group research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.

## Looking for more investment ideas?

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_This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._

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## 相關資訊與研究

- [Vobile Group Ltd posts FY profit HK$211.7 million](https://longbridge.com/zh-HK/news/280704636.md)
- [Vobile Partners with Finloop to Tokenize Cultural IP as Digital Assets](https://longbridge.com/zh-HK/news/275525872.md)
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