HONG KONG EXCHANGES AND CLEARING LIMITED

Ratings Hong Kong Exchanges and Clearing Limited

Equities

388 HK0388045442

Market Closed - Hong Kong Stock Exchange Other stock markets 03:08:26 2023-11-29 am EST			5-day change	1st Jan Change
279.60 ^HKD	-1.62%		-3.65%	-17.08%

07:47pm	After court victory, LME bids to reboot confidence	RE
02:34am	Asia's first ETF tracking Saudi equities debuts in Hong Kong	RE

Summary

The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Analyst opinion has improved significantly over the past four months.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 29.41 times its estimated earnings per share for the ongoing year.
The company's "enterprise value to sales" ratio is among the highest in the world.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector : Financial & Commodity Market Operators

	1st Jan change	Capi. (M$)	Investor Rating	ESG Refinitiv
HONG KONG EXCHANGES AND CLEARING LIMITED	-17.08%	46 126 M $		B+
INTERCONTINENTAL EXCHANGE, INC.	+9.85%	64 551 M $		B+
LONDON STOCK EXCHANGE PLC	+24.86%	61 175 M $		B+
DEUTSCHE BÖRSE AG	+7.84%	34 917 M $		A-
JIO FINANCIAL SERVICES LIMITED	0.00%	17 255 M $	-	-
B3 S.A. - BRASIL, BOLSA, BALCÃO	+0.30%	15 355 M $		A-
EURONEXT N.V.	+10.03%	8 809 M $		B+
MARKETAXESS HOLDINGS INC.	-14.99%	8 756 M $		B-
SINGAPORE EXCHANGE LIMITED	+6.82%	7 545 M $		B+
TMX GROUP LIMITED	+5.89%	5 891 M $		B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

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Technical analysis

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RSI

Bollinger Spread

Unusual volumes