Hongkong and Shanghai Hotels' (HKG:45) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Nov 20
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Hong Kong (HSI) Hotels, Resorts and Cruise Lines Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies37
- 7D0.5%
- 3M18.1%
- 1Y-6.3%
- YTDn/a
Over the last 7 days, the Hotels, Resorts and Cruise Lines industry has dropped 2.7%, driven by a pullback from TravelSky Technology of 3.2%. However, the industry is down 8.7% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Hong Kong Hotels, Resorts and Cruise Lines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$128.2b | HK$96.1b | -HK$87,352,986.15 | 15.3x | -1468x | 1.3x |
| Sat, 19 Oct 2024 | HK$132.1b | HK$95.9b | -HK$2,598,735,941.98 | 18.5x | -50.8x | 1.4x |
| Mon, 16 Sep 2024 | HK$111.5b | HK$96.2b | -HK$2,582,557,712.24 | 14.9x | -43.2x | 1.2x |
| Wed, 14 Aug 2024 | HK$109.9b | HK$90.8b | -HK$837,764,618.59 | 13.6x | -131.2x | 1.2x |
| Fri, 12 Jul 2024 | HK$123.7b | HK$88.8b | -HK$121,177,650.36 | 14.4x | -1020.7x | 1.4x |
| Sun, 09 Jun 2024 | HK$131.8b | HK$88.9b | HK$1.8b | 14.6x | 73.7x | 1.5x |
| Tue, 07 May 2024 | HK$143.6b | HK$87.6b | HK$1.9b | 15.2x | 75.8x | 1.6x |
| Thu, 04 Apr 2024 | HK$134.3b | HK$88.0b | HK$2.1b | 13.7x | 63.1x | 1.5x |
| Sat, 02 Mar 2024 | HK$131.0b | HK$77.0b | HK$2.4b | 12.3x | 54x | 1.7x |
| Mon, 29 Jan 2024 | HK$121.7b | HK$77.3b | HK$2.3b | 10.6x | 53.1x | 1.6x |
| Wed, 27 Dec 2023 | HK$131.8b | HK$77.3b | HK$2.3b | 11x | 58x | 1.7x |
| Fri, 24 Nov 2023 | HK$138.2b | HK$77.1b | HK$2.5b | 8.8x | 54.9x | 1.8x |
| Sun, 22 Oct 2023 | HK$135.4b | HK$74.9b | HK$1.7b | 13x | 78.1x | 1.8x |
| Tue, 19 Sep 2023 | HK$154.5b | HK$74.9b | HK$1.7b | 14.9x | 90.9x | 2.1x |
| Thu, 17 Aug 2023 | HK$157.5b | HK$67.1b | -HK$2,401,174,108.00 | 10.6x | -65.6x | 2.3x |
| Sat, 15 Jul 2023 | HK$160.1b | HK$66.7b | -HK$2,719,559,991.00 | 12.6x | -58.9x | 2.4x |
| Mon, 12 Jun 2023 | HK$162.9b | HK$66.7b | -HK$3,265,243,365.00 | 11.5x | -49.9x | 2.4x |
| Wed, 10 May 2023 | HK$162.0b | HK$66.6b | -HK$3,566,132,508.00 | 11.3x | -45.4x | 2.4x |
| Fri, 07 Apr 2023 | HK$173.1b | HK$67.3b | -HK$3,369,205,927.00 | 8.6x | -51.4x | 2.6x |
| Sun, 05 Mar 2023 | HK$129.1b | HK$62.1b | -HK$6,822,503,472.00 | 7.5x | -18.9x | 2.1x |
| Tue, 31 Jan 2023 | HK$132.0b | HK$62.5b | -HK$6,877,460,384.00 | 7.9x | -19.2x | 2.1x |
| Thu, 29 Dec 2022 | HK$130.2b | HK$61.5b | -HK$6,814,625,648.00 | 7.7x | -19.1x | 2.1x |
| Sat, 26 Nov 2022 | HK$100.9b | HK$61.2b | -HK$6,635,757,579.00 | 9.6x | -15.2x | 1.6x |
| Mon, 24 Oct 2022 | HK$95.6b | HK$61.0b | -HK$6,264,326,172.00 | 14x | -15.3x | 1.6x |
| Wed, 21 Sep 2022 | HK$115.2b | HK$61.8b | -HK$6,245,477,275.00 | 16x | -18.4x | 1.9x |
| Fri, 19 Aug 2022 | HK$119.0b | HK$53.5b | -HK$7,887,033,432.00 | 25x | -15.1x | 2.2x |
| Sun, 17 Jul 2022 | HK$118.1b | HK$53.2b | -HK$8,496,766,134.00 | 28x | -13.9x | 2.2x |
| Tue, 14 Jun 2022 | HK$119.7b | HK$53.5b | -HK$7,558,372,829.00 | 22.9x | -15.8x | 2.2x |
| Thu, 12 May 2022 | HK$132.4b | HK$74.5b | -HK$16,124,809,390.00 | 25.7x | -8.2x | 1.8x |
| Sat, 09 Apr 2022 | HK$136.7b | HK$76.6b | -HK$16,247,825,359.00 | 21.7x | -8.4x | 1.8x |
| Mon, 07 Mar 2022 | HK$142.3b | HK$62.9b | -HK$17,470,544,122.00 | 24.2x | -8.1x | 2.3x |
| Wed, 02 Feb 2022 | HK$140.7b | HK$62.6b | -HK$17,357,019,215.00 | 23.9x | -8.1x | 2.2x |
| Fri, 31 Dec 2021 | HK$137.9b | HK$62.5b | -HK$17,352,375,149.00 | 24x | -7.9x | 2.2x |
| Sun, 28 Nov 2021 | HK$145.0b | HK$62.3b | -HK$16,931,454,428.00 | 23.3x | -8.6x | 2.3x |
Price to Earnings Ratio
-8.6x
Current Industry PE
- Investors are pessimistic on the Hong Kong Hotels, Resorts and Cruise Lines industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Hotels, Resorts and Cruise Lines industry have improved over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Hong Kong Hotels, Resorts and Cruise Lines compare with similar industries?
| HK Market | 0.42% | |
| Consumer Discretionary | -1.22% | |
| Hospitality | -0.70% | |
| Hotels, Resorts and Cruise Lines | 0.50% | |
| Restaurants | -0.35% | |
| Casinos and Gaming | -2.63% | |
| Leisure Facilities | -27.43% | |
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 | |
|---|---|---|---|---|---|
| 780 Tongcheng Travel Holdings | HK$18.04 | 5.4% +HK$2.1b | 22.9% | PE19.8x | |
| 45 Hongkong and Shanghai Hotels | HK$6.02 | 7.5% +HK$700.1m | 0% | PS1x | |
| 542 China Cultural Tourism and Agriculture Group | HK$0.08 | 14.3% +HK$76.9m | -57.0% | PS2.1x | |
| 201 Magnificent Hotel Investments | HK$0.074 | 8.8% +HK$53.7m | -17.8% | PS1.3x | |
| 78 Regal Hotels International Holdings | HK$2.52 | 1.6% +HK$36.0m | -10.0% | PS1.4x |
