A Look At The Fair Value Of Super Hi International Holding Ltd. (HKG:9658)
Nov 10
Hong Kong (HSI) Restaurants Industry Analysis
UpdatedNov 30, 2023
DataAggregated Company Financials
Companies35
- 7D-16.4%
- 3M-28.6%
- 1Y-42.8%
- YTD-47.0%
Over the last 7 days, the Restaurants industry has dropped 5.9%, driven by a pullback from Meituan of 19%. In contrast, Super Hi International Holding has gained 8.7%. Overall the industry is down 32% in 12 months. As for the next few years, earnings are expected to grow by 42% per annum.
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, 30 Nov 2023 | HK$710.0b | HK$368.2b | HK$12.5b | 15.4x | 56.9x | 1.9x |
| Sat, 28 Oct 2023 | HK$879.7b | HK$359.7b | HK$12.1b | 16.4x | 72.5x | 2.4x |
| Mon, 25 Sep 2023 | HK$938.4b | HK$360.6b | HK$12.2b | 18.5x | 77.1x | 2.6x |
| Wed, 23 Aug 2023 | HK$997.1b | HK$334.2b | HK$828.6m | 14.6x | 1203.3x | 3x |
| Fri, 21 Jul 2023 | HK$967.0b | HK$338.3b | HK$852.3m | 16.6x | 1134.6x | 2.9x |
| Sun, 18 Jun 2023 | HK$1.0t | HK$340.6b | HK$622.8m | 22.9x | 1683.8x | 3.1x |
| Tue, 16 May 2023 | HK$1.0t | HK$333.6b | -HK$9,644,795,712.00 | 24.4x | -108.4x | 3.1x |
| Thu, 13 Apr 2023 | HK$1.0t | HK$337.1b | -HK$9,757,656,690.00 | 21x | -105.8x | 3.1x |
| Sat, 11 Mar 2023 | HK$219.1b | HK$88.6b | -HK$7,786,990,908.00 | 33.5x | -28.1x | 2.5x |
| Mon, 06 Feb 2023 | HK$212.9b | HK$90.3b | -HK$7,969,599,980.00 | 37.4x | -26.7x | 2.4x |
| Wed, 04 Jan 2023 | HK$230.5b | HK$88.7b | -HK$7,779,561,754.00 | 39.1x | -29.6x | 2.6x |
| Fri, 02 Dec 2022 | HK$189.2b | HK$87.2b | -HK$7,605,979,943.00 | 29.7x | -24.9x | 2.2x |
| Sun, 30 Oct 2022 | HK$126.8b | HK$86.8b | -HK$7,498,023,828.00 | 13.3x | -16.9x | 1.5x |
| Tue, 27 Sep 2022 | HK$158.5b | HK$87.9b | -HK$7,626,759,553.00 | 15.1x | -20.8x | 1.8x |
| Thu, 25 Aug 2022 | HK$167.8b | HK$97.1b | -HK$11,289,252,599.00 | 14.1x | -14.9x | 1.7x |
| Sat, 23 Jul 2022 | HK$169.0b | HK$98.6b | -HK$10,995,199,237.00 | 15.6x | -15.4x | 1.7x |
| Mon, 20 Jun 2022 | HK$164.5b | HK$100.0b | -HK$10,981,302,676.00 | 18.1x | -15x | 1.6x |
| Wed, 18 May 2022 | HK$152.7b | HK$99.5b | -HK$10,687,010,488.00 | 15.9x | -14.3x | 1.5x |
| Fri, 15 Apr 2022 | HK$168.8b | HK$103.6b | -HK$11,220,418,711.00 | 15.5x | -15x | 1.6x |
| Sun, 13 Mar 2022 | HK$149.0b | HK$102.7b | -HK$2,438,451,384.00 | 21.9x | -61.1x | 1.5x |
| Tue, 08 Feb 2022 | HK$193.6b | HK$102.1b | -HK$2,414,827,517.00 | 20.1x | -80.2x | 1.9x |
| Thu, 06 Jan 2022 | HK$184.1b | HK$102.0b | -HK$2,411,291,475.00 | 21.5x | -76.4x | 1.8x |
| Sat, 04 Dec 2021 | HK$194.3b | HK$102.0b | -HK$2,409,314,976.00 | 22.7x | -80.6x | 1.9x |
| Mon, 01 Nov 2021 | HK$220.2b | HK$99.5b | -HK$2,495,367,376.00 | 19.9x | -88.3x | 2.2x |
| Wed, 29 Sep 2021 | HK$280.5b | HK$96.7b | -HK$2,825,123,879.00 | 22.9x | -99.3x | 2.9x |
| Fri, 27 Aug 2021 | HK$244.0b | HK$95.5b | -HK$2,839,904,630.90 | 19.8x | -85.9x | 2.6x |
| Sat, 03 Jul 2021 | HK$327.5b | HK$95.5b | -HK$2,839,904,630.90 | 21.5x | -115.3x | 3.4x |
| Tue, 06 Apr 2021 | HK$368.6b | HK$81.3b | HK$1.2b | 17.5x | 320x | 4.5x |
| Fri, 08 Jan 2021 | HK$393.3b | HK$73.2b | -HK$846,941,686.92 | 43.5x | -464.4x | 5.4x |
Price to Earnings Ratio
-187.1x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Restaurants 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 67.1x.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.2x.
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 74% 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 | -2.95% | |
| Consumer Discretionary | -7.10% | |
| Hospitality | -12.79% | |
| Restaurants | -16.45% | |
| Leisure Facilities | 2.56% | |
| Hotels, Resorts and Cruise Lines | -0.77% | |
| Casinos and Gaming | -7.39% | |
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 | |
|---|---|---|---|---|---|
| 9658 Super Hi International Holding | HK$13.44 | 8.7% +HK$668.9m | n/a | PE59.2x | |
| 8300 Royal Group Holdings International | HK$0.18 | 43.5% +HK$142.7m | 1,012.5% | PS14.2x | |
| 1405 DPC Dash | HK$61.50 | 0.8% +HK$65.0m | n/a | PS2.9x | |
| 1632 Minshang Creative Technology Holdings | HK$0.23 | 32.8% +HK$51.8m | -41.3% | PE12.6x | |
| 8428 CBK Holdings | HK$1.70 | 45.3% +HK$49.5m | 347.4% | PS5.2x |
