Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Megatrend and thematic drivers
Megatrends include E-commerce & DTC Adoption, E-commerce & Digital Retail, and Sustainable Consumption. Themes include Direct-to-Consumer Brands (Staples), Show more.
Weak multi-year price returns
2Y Excs Rtn is -111%, 3Y Excs Rtn is -151%
High stock price volatility
Vol 12M is 102%
1   Key risks
ACCL key risks include [1] intense competition from private label brands and a market shift toward digital solutions, Show more.
0 Megatrend and thematic drivers
Megatrends include E-commerce & DTC Adoption, E-commerce & Digital Retail, and Sustainable Consumption. Themes include Direct-to-Consumer Brands (Staples), Show more.
1 Weak multi-year price returns
2Y Excs Rtn is -111%, 3Y Excs Rtn is -151%
2 High stock price volatility
Vol 12M is 102%
3 Key risks
ACCL key risks include [1] intense competition from private label brands and a market shift toward digital solutions, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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Acco (ACCL) stock has lost about 65% since 11/30/2025 because of the following key factors:

1. Significant Post-IPO Price Correction and Volatility.

Acco Group Holdings Limited (ACCL) experienced a substantial price correction and high volatility following its initial public offering. The stock reached an all-time high of $5.00 on November 3, 2025, but then plummeted to an all-time low of $1.23 by February 1, 2026. This sharp decline from its peak, including a drop of approximately 65.86% from a price of around $4.16 on December 3, 2025, to $1.42 on March 16, 2026, highlights significant downward pressure and a loss of investor confidence in its early trading period.

2. Limited Analyst Coverage and Modest Financial Performance.

The company has faced limited analyst coverage, with some reports indicating zero analysts covering Acco Group Holdings Limited. This lack of independent research and guidance can lead to investor uncertainty and less informed market participation. Financially, the company reported modest figures, with net income for the last half-year at $59.08K USD, showing a 0.00% change from the previous report. For the full year 2025, ACCL recorded revenues of $4.89 million and earnings of $1.0 million.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

11/30/2025 to 3/29/2026
ReturnCorrelation
ACCL-66.6% 
Market (SPY)-5.3%15.7%
Sector (XLI)3.9%13.1%

Fundamental Drivers

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Market Drivers

8/31/2025 to 3/29/2026
ReturnCorrelation
ACCL-89.3% 
Market (SPY)0.6%11.5%
Sector (XLI)5.5%7.4%

Fundamental Drivers

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Market Drivers

2/28/2025 to 3/29/2026
ReturnCorrelation
ACCL-89.3% 
Market (SPY)9.8%11.5%
Sector (XLI)18.4%7.4%

Fundamental Drivers

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Market Drivers

2/28/2023 to 3/29/2026
ReturnCorrelation
ACCL-89.3% 
Market (SPY)69.4%11.5%
Sector (XLI)65.1%7.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ACCL Return0%0%0%0%-78%-48%-89%
Peers Return15%-25%6%19%-18%-10%-19%
S&P 500 Return27%-19%24%23%16%-5%72%

Monthly Win Rates [3]
ACCL Win Rate0%0%0%0%0%67% 
Peers Win Rate58%35%47%50%45%53% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
ACCL Max Drawdown0%0%0%0%-83%-52% 
Peers Max Drawdown-6%-36%-22%-14%-31%-13% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-5% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NWL, AVY, MMM, HNI, ENR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)

How Low Can It Go

Unique KeyEventACCLS&P 500
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-63.3%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven172.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven710 days1,480 days

Compare to NWL, AVY, MMM, HNI, ENR

In The Past

Acco's stock fell -63.3% during the 2008 Global Financial Crisis from a high on 12/5/2007. A -63.3% loss requires a 172.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Acco (ACCL)

Headquartered in Hong Kong, we are a holding company incorporated in the Cayman Islands, and all of our business is carried out by our wholly-owned Operating Subsidiaries, namely ACSL and ACL in Hong Kong and ASG in Singapore. Through our Operating Subsidiaries, we are a multi-disciplinary, IT-driven corporate service provider with a strong presence in Hong Kong and Singapore. Under the “Accolade” brand, our Operating Subsidiaries specialize in offering corporate secretarial services and accounting services in Hong Kong, as well as intellectual properties (“IP”) registration services in Singapore. Leveraging advanced IT solutions, our Operating Subsidiaries provide comprehensive, reliable and professional support to our clients, enabling them to focus on their core business activities while our Operating Subsidiaries manage and handle their corporate compliance needs. Our clientele ranges from individual clients, small and medium-sized enterprises to multinational corporations, reflecting our ability to cater to diverse business needs with tailored, technology enhanced solutions. “Accolade” is a trademark registered under a related party of the Company and licensed for use to ACSL, ACL and ASG. Since the commencement of our business in 2009, we have been an active player in the corporate service market, serving clients from a wide spectrum of industry sectors. During the six months ended December 31, 2024, our Operating Subsidiaries have around 2,902 and 210 active client engagements in Hong Kong and Singapore, respectively. Our principal executive office is in Hong Kong.

AI Analysis | Feedback

1. An Asian LegalZoom for corporate compliance and accounting.

2. The ADP for corporate secretarial and accounting services.

AI Analysis | Feedback

  • Corporate Secretarial Services: Manages corporate compliance needs and regulatory filings for businesses in Hong Kong.
  • Accounting Services: Provides professional accounting support to clients in Hong Kong.
  • Intellectual Property (IP) Registration Services: Assists with the registration of intellectual properties in Singapore.

AI Analysis | Feedback

Acco (ACCL) serves a diverse range of customers rather than a few major specific companies. The company's clientele falls into the following three categories:

  • Individual Clients: Acco provides services to individuals.
  • Small and Medium-sized Enterprises (SMEs): The company caters to the needs of small and medium-sized businesses.
  • Multinational Corporations: Acco also provides its IT-driven corporate services to larger, multinational companies.

AI Analysis | Feedback

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Yuen Yuk Hau, Chief Financial Officer, Chairman of the Board, and Director

Ms. Yuen Yuk Hau is a founder of Accolade Corporate Services Limited (ACSL), Accolade Consultants Limited (ACL), and Accolade IP (SG) Pte. Ltd. (ASG), the company's operating subsidiaries. She is responsible for the overall strategic planning, corporate leadership, and operational oversight of the company. Ms. Hau holds an ACA qualification from the Institute of Chartered Accountants in England and Wales and a CPA designation from the Hong Kong Institute of Certified Public Accountants, both obtained in 2009. She earned an Executive MBA (2016) and a Bachelor's degree in Professional Accountancy (2005) from The Chinese University of Hong Kong.

Cheung Po Lui, Chief Executive Officer and Director

Mr. Cheung Po Lui joined ACSL in 2012 and Accolade IP in 2014 as Chief Operating Officer, where he oversaw operational execution across both corporate services and IP business lines. He leads market expansion and sales strategy optimization, with a focus on client growth and brand presence. Mr. Lui obtained a Certificate in IP Law and Practice from the Hong Kong Productivity Council and the Hong Kong Institute of Patent Attorneys in 2014. He holds a Bachelor's degree in Accountancy and Management Information Systems from City University of Hong Kong (2004).

Wing Yip Shum, Independent Director

Mr. Wing Yip Shum has over 15 years of experience in the financial industry, with leadership roles in corporate finance and capital markets. He currently serves as Director of Aurelius Corporate Finance Limited (since July 2025) and previously held senior positions at Grande Capital, Dakin Capital, and Messis Capital. Mr. Shum was also a Senior Accountant at Ernst & Young. He holds a Bachelor of Business Administration in Financial Services from The Hong Kong Polytechnic University.

Hiu Wah Li, Independent Director

Ms. Hiu Wah Li is an Independent Director Nominee.

Ho Chun Yeung, Independent Director

Mr. Ho Chun Yeung is an Independent Director Nominee.

AI Analysis | Feedback

The key risks to Acco's business include:

  1. Dependence on IT Systems and Cybersecurity Risks: Acco's business model is explicitly "IT-driven" and relies on "advanced IT solutions" to provide its multidisciplinary corporate services. This makes the company highly vulnerable to risks associated with IT infrastructure, including system failures, data breaches, cyberattacks, and the need for continuous technological updates. Any disruption to these systems could impair service delivery, compromise sensitive client information, damage reputation, and lead to financial losses.
  2. Regulatory and Compliance Risks: As a provider of corporate secretarial services, accounting services, and intellectual property registration services in Hong Kong and Singapore, Acco operates within highly regulated legal and compliance frameworks. Changes in corporate laws, accounting standards, intellectual property regulations, or other relevant legal requirements in these jurisdictions could necessitate significant operational adjustments, increase compliance costs, or expose the company to penalties for non-compliance.
  3. Reliance on "Accolade" Trademark License: Acco's operating subsidiaries conduct their business under the "Accolade" brand, which is a trademark registered under a related party and licensed for use to ACSL, ACL, and ASG. This arrangement introduces a specific risk related to the licensing agreement. Any issues with this agreement, such as its termination, failure to renew, or renegotiation on unfavorable terms, could significantly impact the company's brand identity, market recognition, and ability to operate under its established name.

AI Analysis | Feedback

The rapid advancement and widespread adoption of artificial intelligence and highly autonomous automation platforms that can independently perform routine corporate secretarial, accounting, and compliance tasks. If these AI solutions become sophisticated, reliable, and cost-effective, they could enable clients, particularly small and medium-sized enterprises, to manage their regulatory and financial compliance needs with minimal or no human intermediary, thereby reducing the demand for Acco's specialized human-augmented services.

AI Analysis | Feedback

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AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Acco (symbol: ACCL) over the next 2-3 years:

  1. Expansion of Market Shares in Hong Kong and Singapore: Acco Group Holdings Limited's principal business objective is to further expand its market shares within its existing strongholds of Hong Kong and Singapore.
  2. Geographic Expansion into New Corporate Service Markets: The company plans to explore new business opportunities in global corporate service markets, specifically targeting the U.S. and Southeast Asia.
  3. Technology Integration and Innovation: Acco intends to incorporate generative AI features into its business modules and is committed to cautious investment in technology to drive future growth.
  4. Strategic Partnerships: The company's growth trajectory is also expected to be influenced by defining new markets through potentially key partnerships and strategic expansions.

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Share Issuance

  • Acco (ACCL) raised approximately $5.6 million through its Initial Public Offering (IPO) on the Nasdaq Capital Market in October 2025.
  • The company's stock-based compensation for the last twelve months (2023-2025) was $0.0, indicating no significant share issuances for employee compensation during this period.

Outbound Investments

  • Acco plans to expand its operations into the U.S. market, integrate generative AI features, and enhance its global brand presence, as outlined in its IPO.

Capital Expenditures

  • Acco Group Holdings Limited's capital expenditure as a percentage of revenue indicates its commitment to future growth, suggesting potential for significant infrastructure development or expansion initiatives.

Trade Ideas

Select ideas related to ACCL.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
EFX_2272026_Monopoly_xInd_xCD_Getting_Cheaper02272026EFXEquifaxMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%0.0%
LZ_2202026_Dip_Buyer_High_CFO_Margins_ExInd_DE02202026LZLegalZoom.comDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
7.2%7.2%-5.0%
ADP_2132026_Dip_Buyer_ValueBuy02132026ADPAutomatic Data ProcessingDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
1.1%1.1%-3.0%
TREX_2132026_Dip_Buyer_ValueBuy02132026TREXTrexDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-3.2%-3.2%-5.9%
PCTY_2132026_Dip_Buyer_High_CFO_Margins_ExInd_DE02132026PCTYPaylocityDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-0.6%-0.6%-4.8%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ACCLNWLAVYMMMHNIENRMedian
NameAcco Newell B.Avery De.3M HNI Energizer 
Mkt Price1.343.41167.72142.6434.3517.0225.69
Mkt Cap-1.412.976.21.81.21.8
Rev LTM-7,2048,85624,9482,8393,0007,204
Op Inc LTM-4711,1244,791239431471
FCF LTM-176811,396208145208
FCF 3Y Avg-3006402,366190235300
CFO LTM-2648812,306276220276
CFO 3Y Avg-5638823,602257320563

Growth & Margins

ACCLNWLAVYMMMHNIENRMedian
NameAcco Newell B.Avery De.3M HNI Energizer 
Rev Chg LTM--5.0%1.1%1.5%12.4%3.4%1.5%
Rev Chg 3Y Avg--8.6%-0.5%-9.5%6.4%0.4%-0.5%
Rev Chg Q--2.7%3.9%2.0%38.3%6.5%3.9%
QoQ Delta Rev Chg LTM--0.7%1.0%0.5%9.5%1.6%1.0%
Op Mgn LTM-6.5%12.7%19.2%8.4%14.4%12.7%
Op Mgn 3Y Avg-5.7%12.3%-0.0%8.0%12.9%8.0%
QoQ Delta Op Mgn LTM-0.4%-0.1%-1.3%-0.2%-1.1%-0.2%
CFO/Rev LTM-3.7%10.0%9.2%9.7%7.3%9.2%
CFO/Rev 3Y Avg-7.2%10.2%13.9%9.9%10.9%10.2%
FCF/Rev LTM-0.2%7.7%5.6%7.3%4.8%5.6%
FCF/Rev 3Y Avg-3.8%7.4%9.1%7.3%8.0%7.4%

Valuation

ACCLNWLAVYMMMHNIENRMedian
NameAcco Newell B.Avery De.3M HNI Energizer 
Mkt Cap-1.412.976.21.81.21.8
P/S-0.21.53.10.60.40.6
P/EBIT-71.512.214.814.32.914.3
P/E--5.018.723.533.55.518.7
P/CFO-5.414.633.16.65.36.6
Total Yield--13.7%7.6%5.3%4.7%25.8%5.3%
Dividend Yield-6.3%2.2%1.0%1.8%7.5%2.2%
FCF Yield 3Y Avg-8.3%4.3%4.2%8.8%11.5%8.3%
D/E-3.70.30.20.92.90.9
Net D/E-3.50.30.10.82.80.8

Returns

ACCLNWLAVYMMMHNIENRMedian
NameAcco Newell B.Avery De.3M HNI Energizer 
1M Rtn-1.5%-25.1%-14.6%-13.7%-23.6%-21.2%-17.9%
3M Rtn-53.8%-8.6%-7.7%-11.6%-18.2%-15.1%-13.3%
6M Rtn-89.3%-31.7%5.4%-5.8%-24.3%-32.3%-28.0%
12M Rtn-89.3%-43.3%-2.5%0.3%-20.6%-39.5%-30.1%
3Y Rtn-89.3%-67.7%1.8%83.8%37.9%-43.4%-20.8%
1M Excs Rtn0.9%-18.4%-5.3%-6.4%-16.8%-14.6%-10.5%
3M Excs Rtn-45.0%2.2%0.9%-2.5%-10.1%-7.0%-4.8%
6M Excs Rtn-85.7%-27.8%10.4%-2.4%-18.6%-28.5%-23.2%
12M Excs Rtn-100.8%-55.7%-15.2%-16.3%-31.3%-50.8%-41.1%
3Y Excs Rtn-151.1%-128.2%-57.9%24.4%-19.4%-102.9%-80.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2025
Corporate secretarial services2
Accounting services1
Intellectual property (IP) registration services1
Total4


Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 2282026-24.1%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest1

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202511/17/202520-F
12/31/202410/17/2025424B4