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Hong Kong (HSI) Casinos and Gaming Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies14
- 7D1.1%
- 3M-2.9%
- 1Y11.7%
- YTD-12.4%
Over the last 7 days, the Casinos and Gaming industry has risen 1.1%, driven by gains from Galaxy Entertainment Group of 2.0%. This means that the industry has gained 12% over the past year. Earnings are forecast to grow by 45% annually.
Industry Valuation and Performance
Has the Hong Kong Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Sep 2023 | HK$282.6b | HK$63.8b | -HK$8,854,627,686.00 | 16.3x | -31.9x | 4.4x |
| Mon, 21 Aug 2023 | HK$282.8b | HK$51.7b | -HK$12,275,206,030.00 | 26.8x | -23x | 5.5x |
| Wed, 19 Jul 2023 | HK$300.2b | HK$42.7b | -HK$16,256,982,879.00 | 24.5x | -18.5x | 7x |
| Fri, 16 Jun 2023 | HK$293.3b | HK$42.5b | -HK$16,768,054,882.00 | 28.8x | -17.5x | 6.9x |
| Sun, 14 May 2023 | HK$296.2b | HK$42.4b | -HK$16,848,926,304.00 | 31.6x | -17.6x | 7x |
| Tue, 11 Apr 2023 | HK$318.1b | HK$42.7b | -HK$16,848,830,216.00 | 31.7x | -18.9x | 7.4x |
| Thu, 09 Mar 2023 | HK$308.0b | HK$47.7b | -HK$14,570,233,864.00 | 28.4x | -21.1x | 6.5x |
| Sat, 04 Feb 2023 | HK$328.9b | HK$51.5b | -HK$12,603,646,786.00 | 24.4x | -26.1x | 6.4x |
| Mon, 02 Jan 2023 | HK$310.2b | HK$51.3b | -HK$12,603,153,355.00 | 25.8x | -24.6x | 6.1x |
| Wed, 30 Nov 2022 | HK$264.7b | HK$50.8b | -HK$12,603,728,182.00 | 23x | -21x | 5.2x |
| Fri, 28 Oct 2022 | HK$214.6b | HK$50.1b | -HK$12,538,332,906.00 | 32.8x | -17.1x | 4.3x |
| Sun, 25 Sep 2022 | HK$252.4b | HK$50.3b | -HK$12,519,418,738.00 | 37.4x | -20.2x | 5x |
| Tue, 23 Aug 2022 | HK$263.8b | HK$53.0b | -HK$12,006,708,699.00 | 51.1x | -22x | 5x |
| Thu, 21 Jul 2022 | HK$411.1b | HK$80.9b | -HK$17,399,381,649.00 | 96.4x | -23.6x | 5.1x |
| Sat, 18 Jun 2022 | HK$360.7b | HK$80.1b | -HK$18,992,521,963.00 | 75.3x | -19x | 4.5x |
| Mon, 16 May 2022 | HK$370.6b | HK$80.2b | -HK$18,985,414,538.00 | 76.2x | -19.5x | 4.6x |
| Wed, 13 Apr 2022 | HK$412.4b | HK$80.4b | -HK$18,978,902,918.00 | 82.4x | -21.7x | 5.1x |
| Fri, 11 Mar 2022 | HK$421.7b | HK$87.0b | -HK$23,482,972,073.00 | 15.2x | -18x | 4.8x |
| Sun, 06 Feb 2022 | HK$485.4b | HK$82.8b | -HK$23,789,947,496.00 | 14.9x | -20.4x | 5.9x |
| Tue, 04 Jan 2022 | HK$424.9b | HK$82.8b | -HK$23,795,149,922.00 | 14.6x | -17.9x | 5.1x |
| Thu, 02 Dec 2021 | HK$423.2b | HK$83.0b | -HK$23,792,124,707.00 | 14.6x | -17.8x | 5.1x |
| Sat, 30 Oct 2021 | HK$444.3b | HK$82.3b | -HK$24,080,110,045.00 | 39.3x | -18.4x | 5.4x |
| Mon, 27 Sep 2021 | HK$411.7b | HK$82.6b | -HK$24,586,539,407.00 | 43.7x | -16.7x | 5x |
| Wed, 25 Aug 2021 | HK$534.3b | HK$82.6b | -HK$24,595,286,288.89 | 47.6x | -21.7x | 6.5x |
| Thu, 01 Jul 2021 | HK$700.8b | HK$82.6b | -HK$24,595,286,288.89 | 53.9x | -28.5x | 8.5x |
| Sun, 04 Apr 2021 | HK$813.4b | HK$76.1b | -HK$28,982,989,692.88 | 96x | -28.1x | 10.7x |
| Wed, 06 Jan 2021 | HK$723.1b | HK$71.1b | -HK$33,043,362,438.14 | 55.6x | -21.9x | 10.2x |
| Sat, 10 Oct 2020 | HK$633.2b | HK$116.6b | -HK$16,022,559,263.72 | 25.9x | -39.5x | 5.4x |
Price to Earnings Ratio
-39.5x
Current Industry PE
- Investors are pessimistic on the Hong Kong Casinos and Gaming industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 6.5x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Casinos and Gaming industry have improved over the last three years.
- Meanwhile revenues for these companies have declined 18% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.
Industry Comparison
How does Hong Kong Casinos and Gaming compare with similar industries?
| HK Market | -0.22% | |
| Consumer Discretionary | -1.30% | |
| Hospitality | -2.18% | |
| Casinos and Gaming | 1.08% | |
| Leisure Facilities | 5.44% | |
| Hotels, Resorts and Cruise Lines | -2.29% | |
| Restaurants | -3.18% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 27 Galaxy Entertainment Group | HK$51.50 | 2.0% +HK$4.4b | 17.3% | PE733.6x | |
| 2282 MGM China Holdings | HK$10.62 | 4.1% +HK$1.6b | 159.7% | PS3.2x | |
| 1128 Wynn Macau | HK$7.89 | 1.4% +HK$576.2m | 71.1% | PS3.1x | |
| 6889 DYNAM JAPAN HOLDINGS | HK$5.10 | 1.8% +HK$60.9m | -18.4% | PE37.8x | |
| 296 Emperor Entertainment Hotel | HK$0.46 | 1.1% +HK$5.9m | -4.2% | PS1.9x |