POWER ASSETS HOLDINGS LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 45.1 HKD | -0.77% |
|
+4.16% | -0.33% |
| Apr. 25 | Hong Kong's CK Group to buy Northern Ireland natgas distributor for $945 mln | RE |
| Apr. 25 | Hong Kong's CK Group to buy Northern Ireland's natural gas operator Phoenix Energy | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 121,653 | 89,639 | 103,725 | 91,105 | 96,433 | 96,113 | - | - |
| Enterprise Value (EV) 1 | 120,101 | 87,854 | 102,551 | 88,447 | 95,329 | 95,042 | 93,806 | 96,113 |
| P/E ratio | 17.1 x | 14.6 x | 16.9 x | 16.1 x | 16 x | 15.4 x | 14.9 x | 14.7 x |
| Yield | 4.91% | 6.69% | 5.8% | 6.6% | 6.23% | 6.25% | 6.3% | 6.32% |
| Capitalization / Revenue | 90.2 x | 70.6 x | 81.3 x | 72 x | 74.6 x | 73.4 x | 72.6 x | 67.7 x |
| EV / Revenue | 89.1 x | 69.2 x | 80.4 x | 69.9 x | 73.8 x | 72.5 x | 70.9 x | 67.7 x |
| EV / EBITDA | 68.2 x | 74.5 x | 68.2 x | 75.8 x | 84 x | 106 x | 97.2 x | 91.5 x |
| EV / FCF | 65 x | 91.5 x | 109 x | 115 x | - | 88 x | 81.8 x | - |
| FCF Yield | 1.54% | 1.09% | 0.92% | 0.87% | - | 1.14% | 1.22% | - |
| Price to Book | 1.42 x | 1.06 x | 1.2 x | 1.05 x | 1.09 x | 1.1 x | 1.1 x | 1.07 x |
| Nbr of stocks (in thousands) | 2,134,262 | 2,134,262 | 2,134,262 | 2,131,105 | 2,131,105 | 2,131,105 | - | - |
| Reference price 2 | 57.00 | 42.00 | 48.60 | 42.75 | 45.25 | 45.10 | 45.10 | 45.10 |
| Announcement Date | 3/18/20 | 3/17/21 | 3/16/22 | 3/15/23 | 3/20/24 | - | - | - |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,348 | 1,270 | 1,276 | 1,265 | 1,292 | 1,310 | 1,324 | 1,419 |
| EBITDA 1 | 1,762 | 1,179 | 1,504 | 1,167 | 1,135 | 898.1 | 965.3 | 1,050 |
| EBIT 1 | 1,178 | 1,175 | 1,501 | 1,164 | 1,131 | 978.9 | 1,142 | 1,057 |
| Operating Margin | 87.39% | 92.52% | 117.63% | 92.02% | 87.54% | 74.71% | 86.3% | 74.49% |
| Earnings before Tax (EBT) 1 | 7,174 | 6,200 | 6,272 | 5,838 | 6,252 | 6,268 | 6,485 | 6,660 |
| Net income 1 | 7,131 | 6,132 | 6,140 | 5,649 | 6,003 | 6,114 | 6,353 | 6,600 |
| Net margin | 529.01% | 482.83% | 481.19% | 446.56% | 464.63% | 466.63% | 479.91% | 464.97% |
| EPS 2 | 3.340 | 2.870 | 2.880 | 2.650 | 2.820 | 2.928 | 3.025 | 3.073 |
| Free Cash Flow 1 | 1,849 | 960 | 939 | 771 | - | 1,080 | 1,147 | - |
| FCF margin | 137.17% | 75.59% | 73.59% | 60.95% | - | 82.43% | 86.65% | - |
| FCF Conversion (EBITDA) | 104.94% | 81.42% | 62.43% | 66.07% | - | 120.26% | 118.83% | - |
| FCF Conversion (Net income) | 25.93% | 15.66% | 15.29% | 13.65% | - | 17.67% | 18.06% | - |
| Dividend per Share 2 | 2.800 | 2.810 | 2.820 | 2.820 | 2.820 | 2.820 | 2.839 | 2.852 |
| Announcement Date | 3/18/20 | 3/17/21 | 3/16/22 | 3/15/23 | 3/20/24 | - | - | - |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2022 S1 |
|---|---|---|---|
| Net sales | - | - | - |
| EBITDA | - | - | - |
| EBIT | - | - | - |
| Operating Margin | - | - | - |
| Earnings before Tax (EBT) | - | - | - |
| Net income 1 | 2,262 | 2,509 | 2,871 |
| Net margin | - | - | - |
| EPS | - | - | - |
| Dividend per Share | - | - | - |
| Announcement Date | 8/5/20 | 8/4/21 | 8/3/22 |
1HKD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 1,552 | 1,785 | 1,174 | 2,658 | 1,104 | 1,071 | 2,307 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 1,849 | 960 | 939 | 771 | - | 1,080 | 1,147 | - |
| ROE (net income / shareholders' equity) | 8.44% | 7.2% | 7.16% | 6.51% | 6.84% | 6.98% | 7.21% | 7.31% |
| ROA (Net income/ Total Assets) | 7.71% | 6.55% | 6.94% | 6.23% | 6.31% | 6.41% | 6.8% | 6.7% |
| Assets 1 | 92,503 | 93,561 | 88,448 | 90,619 | 95,135 | 95,385 | 93,443 | 98,510 |
| Book Value Per Share 2 | 40.10 | 39.70 | 40.70 | 40.70 | 41.60 | 41.00 | 41.20 | 42.10 |
| Cash Flow per Share 2 | 0.8700 | 0.4500 | 0.4400 | 0.3600 | - | 2.020 | 1.910 | 2.810 |
| Capex 1 | - | 2 | - | 1 | - | 2 | 2 | 1 |
| Capex / Sales | - | 0.16% | - | 0.08% | - | 0.15% | 0.15% | 0.07% |
| Announcement Date | 3/18/20 | 3/17/21 | 3/16/22 | 3/15/23 | 3/20/24 | - | - | - |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
45.1
HKD
Average target price
52.77
HKD
Spread / Average Target
+17.00%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -0.33% | 12.28B | |
| +8.64% | 136B | |
| +4.41% | 80.06B | |
| -2.19% | 77.98B | |
| +0.69% | 75.38B | |
| -8.92% | 66.47B | |
| +61.15% | 59.36B | |
| +4.97% | 44.9B | |
| +7.34% | 42.26B | |
| 0.00% | 41.94B |
- Stock Market
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- Financials Power Assets Holdings Ltd.
