Wynn Macau (HKG:1128) Knows How To Allocate Capital Effectively
Dec 31
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Hospitality Industry Analysis
UpdatedJan 02, 2026
DataAggregated Company Financials
Companies87
- 7D-1.6%
- 3M-3.6%
- 1Y-17.9%
- YTDn/a
Over the last 7 days, the Hospitality industry has dropped 1.6%, driven by MGM China Holdings declining 17%. However, the industry is down 18% over the past year. Looking forward, earnings are forecast to grow by 35% annually.
Industry Valuation and Performance
Has the Hong Kong Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 Jan 2026 | HK$1.5t | HK$837.8b | HK$30.2b | 15.9x | 50.1x | 1.8x |
| Sun, 30 Nov 2025 | HK$1.5t | HK$830.0b | HK$29.9b | 16.6x | 51.5x | 1.9x |
| Tue, 28 Oct 2025 | HK$1.5t | HK$823.8b | HK$64.1b | 17.8x | 23.7x | 1.8x |
| Thu, 25 Sep 2025 | HK$1.5t | HK$823.2b | HK$64.1b | 16.2x | 22.6x | 1.8x |
| Sat, 23 Aug 2025 | HK$1.7t | HK$804.5b | HK$72.5b | 17.9x | 23x | 2.1x |
| Mon, 21 Jul 2025 | HK$1.7t | HK$809.4b | HK$72.5b | 18.5x | 23.6x | 2.1x |
| Wed, 18 Jun 2025 | HK$1.7t | HK$809.7b | HK$72.6b | 15.3x | 23.7x | 2.1x |
| Fri, 16 May 2025 | HK$1.7t | HK$789.5b | HK$66.5b | 15.6x | 25.3x | 2.1x |
| Sun, 13 Apr 2025 | HK$1.6t | HK$773.1b | HK$64.7b | 14.5x | 25.1x | 2.1x |
| Tue, 11 Mar 2025 | HK$1.9t | HK$774.3b | HK$62.5b | 18.9x | 29.7x | 2.4x |
| Thu, 06 Feb 2025 | HK$1.4t | HK$680.2b | HK$47.2b | 16.5x | 28.7x | 2x |
| Sat, 04 Jan 2025 | HK$1.4t | HK$676.7b | HK$47.0b | 16.2x | 29.7x | 2.1x |
| Mon, 02 Dec 2024 | HK$1.5t | HK$677.2b | HK$46.8b | 16.8x | 31.6x | 2.2x |
| Wed, 30 Oct 2024 | HK$1.6t | HK$663.0b | HK$37.0b | 16x | 43.4x | 2.4x |
| Fri, 27 Sep 2024 | HK$1.4t | HK$673.3b | HK$35.6b | 14.1x | 39.1x | 2.1x |
| Sun, 25 Aug 2024 | HK$1.1t | HK$638.6b | HK$29.9b | 12x | 35.4x | 1.7x |
| Tue, 23 Jul 2024 | HK$1.2t | HK$617.9b | HK$29.3b | 12.8x | 40.9x | 1.9x |
| Thu, 20 Jun 2024 | HK$1.3t | HK$618.5b | HK$31.2b | 13.3x | 40.6x | 2x |
| Sat, 18 May 2024 | HK$1.3t | HK$602.2b | HK$29.0b | 13.9x | 46.4x | 2.2x |
| Mon, 15 Apr 2024 | HK$1.2t | HK$597.4b | HK$28.0b | 13.9x | 41.1x | 1.9x |
| Wed, 13 Mar 2024 | HK$1.1t | HK$551.8b | HK$18.9b | 13.2x | 57.5x | 2x |
| Fri, 09 Feb 2024 | HK$900.6b | HK$530.2b | HK$7.8b | 10.8x | 116.1x | 1.7x |
| Sun, 07 Jan 2024 | HK$990.1b | HK$528.6b | HK$7.6b | 12.2x | 130.7x | 1.9x |
| Tue, 05 Dec 2023 | HK$1.0t | HK$513.6b | HK$5.0b | 14.5x | 210.9x | 2x |
| Thu, 02 Nov 2023 | HK$1.2t | HK$501.5b | HK$4.0b | 14.5x | 307.6x | 2.4x |
| Sat, 30 Sep 2023 | HK$1.3t | HK$502.9b | HK$4.0b | 16x | 333.6x | 2.6x |
| Mon, 28 Aug 2023 | HK$1.5t | HK$482.8b | -HK$7,355,401,714.00 | 14.7x | -198.9x | 3x |
| Wed, 26 Jul 2023 | HK$1.5t | HK$451.2b | -HK$19,750,242,521.00 | 16.1x | -75.5x | 3.3x |
| Fri, 23 Jun 2023 | HK$1.4t | HK$449.5b | -HK$21,286,817,727.00 | 17.9x | -67.4x | 3.2x |
| Sun, 21 May 2023 | HK$1.5t | HK$441.3b | -HK$31,860,305,597.00 | 18.1x | -45.8x | 3.3x |
| Tue, 18 Apr 2023 | HK$1.6t | HK$449.7b | -HK$32,120,280,232.00 | 17x | -49.1x | 3.5x |
| Thu, 16 Mar 2023 | HK$650.2b | HK$199.7b | -HK$31,246,670,568.00 | 20.7x | -20.8x | 3.3x |
| Sat, 11 Feb 2023 | HK$678.7b | HK$207.1b | -HK$26,047,133,757.00 | 22.7x | -26.1x | 3.3x |
| Mon, 09 Jan 2023 | HK$695.8b | HK$205.1b | -HK$26,917,309,714.00 | 22.4x | -25.8x | 3.4x |
Price to Earnings Ratio
-25.8x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Hospitality industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 47.3x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 60% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?
| HK Market | -0.24% | |
| Consumer Discretionary | -0.53% | |
| Hospitality | -1.63% | |
| Leisure Facilities | 0.97% | |
| Restaurants | -0.93% | |
| Hotels, Resorts and Cruise Lines | -1.13% | |
| Casinos and Gaming | -3.62% | |
Industry PE
- Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 18.4%, which is higher than its past year's earnings growth of 10.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 104% over the next 5 years.
- In contrast, the Casinos and Gaming industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3690 Meituan | HK$104.60 | 1.4% +HK$8.6b | -31.9% | PS1.6x | |
| 780 Tongcheng Travel Holdings | HK$23.08 | 2.9% +HK$1.5b | 31.3% | PE18.1x | |
| 3918 NagaCorp | HK$4.81 | 2.1% +HK$442.3m | 64.7% | PE10.5x | |
| 71 Miramar Hotel and Investment Company | HK$10.31 | 3.2% +HK$221.1m | 13.7% | PE10.2x | |
| 542 China Cultural Tourism and Agriculture Group | HK$0.85 | 16.4% +HK$183.7m | 161.5% | PS5.5x |
