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Hong Kong (HSI) Casinos and Gaming Industry Analysis
UpdatedOct 09, 2024
DataAggregated Company Financials
Companies14
- 7D-2.6%
- 3M9.9%
- 1Y-14.9%
- YTDn/a
Over the last 7 days, the Casinos and Gaming industry has risen 9.9%, driven by gains from Macau Legend Development of 98%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 25% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 09 Oct 2024 | HK$220.3b | HK$118.2b | HK$7.4b | 15.6x | 29.7x | 1.9x |
| Fri, 06 Sep 2024 | HK$172.1b | HK$118.5b | HK$7.6b | 12.7x | 22.7x | 1.5x |
| Sun, 04 Aug 2024 | HK$186.8b | HK$103.0b | HK$5.0b | 12.7x | 37.4x | 1.8x |
| Tue, 02 Jul 2024 | HK$213.1b | HK$102.2b | HK$5.0b | 13.9x | 43x | 2.1x |
| Thu, 30 May 2024 | HK$229.9b | HK$102.1b | HK$5.0b | 14.2x | 46x | 2.3x |
| Sat, 27 Apr 2024 | HK$212.8b | HK$101.9b | HK$5.0b | 14.2x | 42.9x | 2.1x |
| Mon, 25 Mar 2024 | HK$221.4b | HK$89.4b | HK$2.7b | 12.1x | 81.8x | 2.5x |
| Wed, 21 Feb 2024 | HK$243.8b | HK$64.9b | -HK$8,161,188,674.08 | 8.3x | -29.9x | 3.8x |
| Fri, 19 Jan 2024 | HK$215.8b | HK$64.7b | -HK$8,470,051,075.00 | 7.2x | -25.5x | 3.3x |
| Sun, 17 Dec 2023 | HK$229.9b | HK$65.0b | -HK$8,459,696,642.00 | 7.9x | -27.2x | 3.5x |
| Tue, 14 Nov 2023 | HK$230.1b | HK$63.6b | -HK$8,660,868,984.00 | 13.5x | -26.6x | 3.6x |
| Thu, 12 Oct 2023 | HK$254.3b | HK$63.8b | -HK$8,652,454,012.00 | 14.3x | -29.4x | 4x |
| Sat, 09 Sep 2023 | HK$275.6b | HK$63.8b | -HK$8,851,239,051.00 | 16.7x | -31.1x | 4.3x |
| Mon, 07 Aug 2023 | HK$308.8b | HK$42.7b | -HK$16,023,303,295.00 | 19.5x | -19.3x | 7.2x |
| Wed, 05 Jul 2023 | HK$289.2b | HK$42.4b | -HK$16,259,597,250.00 | 23x | -17.8x | 6.8x |
| Fri, 02 Jun 2023 | HK$270.9b | HK$42.6b | -HK$16,904,048,711.00 | 35.9x | -16x | 6.4x |
| Sun, 30 Apr 2023 | HK$321.9b | HK$42.4b | -HK$16,848,175,875.00 | 33x | -19.1x | 7.6x |
| Tue, 28 Mar 2023 | HK$301.4b | HK$45.7b | -HK$16,932,485,171.00 | 27.1x | -17.8x | 6.6x |
| Thu, 23 Feb 2023 | HK$306.6b | HK$52.0b | -HK$11,628,341,137.00 | 28.4x | -26.4x | 5.9x |
| Sat, 21 Jan 2023 | HK$333.8b | HK$51.4b | -HK$12,603,516,994.00 | 26.8x | -26.5x | 6.5x |
| Mon, 19 Dec 2022 | HK$310.8b | HK$50.9b | -HK$12,603,060,930.00 | 26.9x | -24.7x | 6.1x |
| Wed, 16 Nov 2022 | HK$267.0b | HK$50.4b | -HK$12,532,489,572.00 | 34.8x | -21.3x | 5.3x |
| Fri, 14 Oct 2022 | HK$240.5b | HK$50.1b | -HK$12,538,645,914.00 | 33.2x | -19.2x | 4.8x |
| Sun, 11 Sep 2022 | HK$242.8b | HK$50.3b | -HK$12,518,666,056.00 | 38.2x | -19.4x | 4.8x |
| Tue, 09 Aug 2022 | HK$412.6b | HK$79.9b | -HK$18,687,558,394.00 | 89.5x | -22.1x | 5.2x |
| Thu, 07 Jul 2022 | HK$410.0b | HK$80.2b | -HK$18,411,882,902.00 | 86.1x | -22.3x | 5.1x |
| Sat, 04 Jun 2022 | HK$365.5b | HK$80.2b | -HK$18,985,679,968.00 | 76x | -19.2x | 4.6x |
| Mon, 02 May 2022 | HK$411.6b | HK$80.2b | -HK$18,992,808,122.00 | 82.9x | -21.7x | 5.1x |
| Wed, 30 Mar 2022 | HK$423.8b | HK$79.0b | -HK$19,796,632,466.00 | 84x | -21.4x | 5.4x |
| Fri, 25 Feb 2022 | HK$479.4b | HK$86.3b | -HK$22,397,668,854.00 | 15.1x | -21.4x | 5.6x |
| Sun, 23 Jan 2022 | HK$485.7b | HK$82.9b | -HK$23,780,197,430.00 | 14.6x | -20.4x | 5.9x |
| Tue, 21 Dec 2021 | HK$391.7b | HK$83.0b | -HK$23,798,198,143.00 | 14.1x | -16.5x | 4.7x |
| Thu, 18 Nov 2021 | HK$477.0b | HK$82.1b | -HK$24,229,501,610.00 | 39.3x | -19.7x | 5.8x |
| Sat, 16 Oct 2021 | HK$422.8b | HK$82.3b | -HK$24,079,759,117.00 | 42.1x | -17.6x | 5.1x |
Price to Earnings Ratio
-17.6x
Current Industry PE
- Investors are optimistic on the Hong Kong Casinos and Gaming industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.5x which is higher than its 3-year average PE of -10.0x.
- The 3-year average PS ratio of 4.7x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- Total earnings for the Casinos and Gaming industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Hong Kong Casinos and Gaming compare with similar industries?
| HK Market | 0.40% | |
| Consumer Discretionary | 0.51% | |
| Hospitality | 1.38% | |
| Casinos and Gaming | -2.61% | |
| Leisure Facilities | 4.47% | |
| Restaurants | 2.62% | |
| Hotels, Resorts and Cruise Lines | -2.83% | |
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 | |
|---|---|---|---|---|---|
| 1680 Macau Legend Development | HK$0.20 | 98.1% +HK$626.3m | 10.9% | PE54.3x | |
| 1928 Sands China | HK$19.96 | 0.2% +HK$323.7m | -12.1% | PE19.6x | |
| 1180 Paradise Entertainment | HK$0.91 | 7.1% +HK$63.1m | -21.6% | PE5.3x | |
| 8198 Crypto Flow Technology | HK$0.24 | 59.1% +HK$49.9m | -19.7% | PS3.1x | |
| 6889 DYNAM JAPAN HOLDINGS | HK$3.48 | 1.8% +HK$41.8m | -35.8% | PE13.6x |
