Tam Jai International (HKG:2217) Has Announced That Its Dividend Will Be Reduced To HK$0.0135
Nov 21
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Restaurants Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies35
- 7D-0.4%
- 3M54.8%
- 1Y43.2%
- YTDn/a
Over the last 7 days, the Restaurants industry has dropped 2.2%, driven by Meituan declining 2.2%. This takes the industry's 12 month performance to a gain of 42%. Earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Hong Kong Restaurants Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$1.2t | HK$441.6b | HK$29.9b | 15.9x | 39.4x | 2.7x |
| Sat, 19 Oct 2024 | HK$1.2t | HK$449.0b | HK$30.5b | 16.5x | 40.7x | 2.8x |
| Mon, 16 Sep 2024 | HK$855.5b | HK$451.1b | HK$30.6b | 13.2x | 28x | 1.9x |
| Wed, 14 Aug 2024 | HK$743.2b | HK$428.3b | HK$25.1b | 7.7x | 29.6x | 1.7x |
| Fri, 12 Jul 2024 | HK$845.8b | HK$424.0b | HK$24.8b | 11.6x | 34.1x | 2x |
| Sun, 09 Jun 2024 | HK$838.3b | HK$424.6b | HK$24.8b | 11.3x | 33.8x | 2x |
| Tue, 07 May 2024 | HK$920.4b | HK$410.7b | HK$22.8b | 10.5x | 40.4x | 2.2x |
| Thu, 04 Apr 2024 | HK$758.1b | HK$404.0b | HK$21.5b | 9.8x | 35.3x | 1.9x |
| Sat, 02 Mar 2024 | HK$676.5b | HK$381.0b | HK$15.0b | 15.6x | 45.1x | 1.8x |
| Mon, 29 Jan 2024 | HK$534.0b | HK$383.0b | HK$15.1b | 15.3x | 35.5x | 1.4x |
| Wed, 27 Dec 2023 | HK$605.1b | HK$383.4b | HK$15.1b | 18.2x | 40.2x | 1.6x |
| Fri, 24 Nov 2023 | HK$856.7b | HK$366.7b | HK$12.4b | 15.4x | 69.2x | 2.3x |
| Sun, 22 Oct 2023 | HK$844.9b | HK$359.9b | HK$12.1b | 16.5x | 69.5x | 2.3x |
| Tue, 19 Sep 2023 | HK$950.1b | HK$360.7b | HK$12.2b | 19.1x | 78.1x | 2.6x |
| Thu, 17 Aug 2023 | HK$1.0t | HK$333.7b | HK$838.4m | 15.3x | 1225.4x | 3.1x |
| Sat, 15 Jul 2023 | HK$1.0t | HK$339.7b | HK$856.9m | 16.7x | 1176.2x | 3x |
| Mon, 12 Jun 2023 | HK$968.1b | HK$339.9b | HK$537.8m | 25.8x | 1800.2x | 2.8x |
| Wed, 10 May 2023 | HK$1.0t | HK$335.0b | -HK$9,694,982,461.00 | 18.6x | -103.7x | 3x |
| Fri, 07 Apr 2023 | HK$1.1t | HK$332.9b | -HK$9,428,517,222.00 | 20.2x | -111.7x | 3.2x |
| Sun, 05 Mar 2023 | HK$236.8b | HK$89.0b | -HK$7,833,251,852.00 | 34.5x | -30.2x | 2.7x |
| Tue, 31 Jan 2023 | HK$222.0b | HK$90.4b | -HK$7,984,801,255.00 | 38x | -27.8x | 2.5x |
| Thu, 29 Dec 2022 | HK$223.4b | HK$87.9b | -HK$7,689,599,750.00 | 39.3x | -29.1x | 2.5x |
| Sat, 26 Nov 2022 | HK$143.4b | HK$87.4b | -HK$7,632,445,744.00 | 23.4x | -18.8x | 1.6x |
| Mon, 24 Oct 2022 | HK$136.0b | HK$86.9b | -HK$7,510,783,325.00 | 13.4x | -18.1x | 1.6x |
| Wed, 21 Sep 2022 | HK$159.3b | HK$89.0b | -HK$7,755,100,429.00 | 15.9x | -20.5x | 1.8x |
| Fri, 19 Aug 2022 | HK$170.0b | HK$98.4b | -HK$10,966,662,133.00 | 16.8x | -15.5x | 1.7x |
| Sun, 17 Jul 2022 | HK$170.5b | HK$98.7b | -HK$11,001,559,994.00 | 15.1x | -15.5x | 1.7x |
| Tue, 14 Jun 2022 | HK$160.4b | HK$99.9b | -HK$10,736,650,889.00 | 15.6x | -14.9x | 1.6x |
| Thu, 12 May 2022 | HK$146.6b | HK$99.5b | -HK$10,611,917,289.00 | 14.7x | -13.8x | 1.5x |
| Sat, 09 Apr 2022 | HK$153.9b | HK$103.7b | -HK$11,233,410,610.00 | 15.2x | -13.7x | 1.5x |
| Mon, 07 Mar 2022 | HK$183.0b | HK$102.8b | -HK$2,443,088,421.00 | 20.6x | -74.9x | 1.8x |
| Wed, 02 Feb 2022 | HK$185.5b | HK$102.2b | -HK$2,417,983,299.00 | 20.6x | -76.7x | 1.8x |
| Fri, 31 Dec 2021 | HK$186.0b | HK$102.1b | -HK$2,414,199,908.00 | 22.9x | -77x | 1.8x |
| Sun, 28 Nov 2021 | HK$198.7b | HK$101.1b | -HK$2,600,395,345.00 | 17.8x | -76.4x | 2x |
Price to Earnings Ratio
-76.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Restaurants industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 38.8x which is lower than its 3-year average PE of 106x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- Total earnings for the Restaurants industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 63% 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 Restaurants compare with similar industries?
| HK Market | 0.42% | |
| Consumer Discretionary | -1.22% | |
| Hospitality | -0.70% | |
| Restaurants | -0.35% | |
| Hotels, Resorts and Cruise Lines | 0.50% | |
| 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 | |
|---|---|---|---|---|---|
| 3690 Meituan | HK$172.70 | 2.0% +HK$20.2b | 53.9% | PE42.3x | |
| 2555 Sichuan Baicha Baidao Industrial | HK$9.28 | 10.1% +HK$1.3b | n/a | PE16.2x | |
| 6862 Haidilao International Holding | HK$15.50 | 1.4% +HK$1.2b | -8.7% | PE18.8x | |
| 2217 Tam Jai International | HK$0.79 | 6.8% +HK$67.3m | -40.2% | PE14.6x | |
| 9658 Super Hi International Holding | HK$13.12 | 0.6% +HK$52.0m | 5.5% | PE62.5x |
