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Hong Kong (HSI) Hospitality Industry Analysis
UpdatedMay 15, 2025
DataAggregated Company Financials
Companies88
- 7D-0.5%
- 3M-4.0%
- 1Y-0.5%
- YTD0.3%
Over the last 7 days, the Hospitality industry has remained flat, although notably Galaxy Entertainment Group gained 4.6%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Hong Kong Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 15 May 2025 | HK$1.7t | HK$785.4b | HK$66.1b | 16x | 25.9x | 2.2x |
| Sat, 12 Apr 2025 | HK$1.6t | HK$771.9b | HK$64.6b | 14.5x | 25.2x | 2.1x |
| Mon, 10 Mar 2025 | HK$1.9t | HK$776.3b | HK$62.7b | 18.8x | 30.4x | 2.5x |
| Wed, 05 Feb 2025 | HK$1.4t | HK$681.9b | HK$47.4b | 16.5x | 28.8x | 2x |
| Fri, 03 Jan 2025 | HK$1.4t | HK$677.8b | HK$47.1b | 16.2x | 29.2x | 2x |
| Sun, 01 Dec 2024 | HK$1.5t | HK$677.2b | HK$46.8b | 16.8x | 31.6x | 2.2x |
| Tue, 29 Oct 2024 | HK$1.6t | HK$663.8b | HK$37.1b | 15.6x | 42.7x | 2.4x |
| Thu, 26 Sep 2024 | HK$1.3t | HK$672.9b | HK$35.5b | 14.1x | 36.1x | 1.9x |
| Sat, 24 Aug 2024 | HK$1.1t | HK$636.0b | HK$30.2b | 12.3x | 35.1x | 1.7x |
| Mon, 22 Jul 2024 | HK$1.2t | HK$618.3b | HK$29.3b | 13x | 40.1x | 1.9x |
| Wed, 19 Jun 2024 | HK$1.2t | HK$618.4b | HK$31.3b | 13.2x | 38.9x | 2x |
| Fri, 17 May 2024 | HK$1.3t | HK$603.0b | HK$29.1b | 14.5x | 46.3x | 2.2x |
| Sun, 14 Apr 2024 | HK$1.2t | HK$597.4b | HK$28.0b | 13.9x | 41.1x | 1.9x |
| Tue, 12 Mar 2024 | HK$1.0t | HK$551.1b | HK$18.9b | 13.7x | 55x | 1.9x |
| Thu, 08 Feb 2024 | HK$899.0b | HK$530.3b | HK$7.8b | 10.8x | 115.9x | 1.7x |
| Sat, 06 Jan 2024 | HK$990.1b | HK$529.1b | HK$7.6b | 12.2x | 130.3x | 1.9x |
| Mon, 04 Dec 2023 | HK$1.1t | HK$513.5b | HK$5.0b | 14.9x | 213.9x | 2.1x |
| Wed, 01 Nov 2023 | HK$1.2t | HK$501.7b | HK$4.0b | 14.8x | 315.6x | 2.5x |
| Fri, 29 Sep 2023 | HK$1.3t | HK$502.4b | HK$3.7b | 16.4x | 343.4x | 2.6x |
| Sun, 27 Aug 2023 | HK$1.5t | HK$482.8b | -HK$7,355,401,714.00 | 14.7x | -198.9x | 3x |
| Tue, 25 Jul 2023 | HK$1.4t | HK$449.1b | -HK$19,750,471,179.00 | 15.8x | -71.8x | 3.2x |
| Thu, 22 Jun 2023 | HK$1.4t | HK$448.9b | -HK$21,285,801,595.00 | 17.9x | -67.5x | 3.2x |
| Sat, 20 May 2023 | HK$1.5t | HK$441.6b | -HK$31,868,880,255.00 | 18.1x | -45.8x | 3.3x |
| Mon, 17 Apr 2023 | HK$1.5t | HK$450.0b | -HK$32,128,247,203.00 | 17x | -47.3x | 3.4x |
| Wed, 15 Mar 2023 | HK$652.2b | HK$199.6b | -HK$31,237,389,425.00 | 20.9x | -20.9x | 3.3x |
| Fri, 10 Feb 2023 | HK$693.4b | HK$207.5b | -HK$26,084,091,432.00 | 23.3x | -26.6x | 3.3x |
| Sun, 08 Jan 2023 | HK$695.8b | HK$205.1b | -HK$26,917,309,714.00 | 22.4x | -25.8x | 3.4x |
| Tue, 06 Dec 2022 | HK$643.3b | HK$202.3b | -HK$26,673,254,321.00 | 19.1x | -24.1x | 3.2x |
| Thu, 03 Nov 2022 | HK$511.8b | HK$200.4b | -HK$26,985,457,092.00 | 17.2x | -19x | 2.6x |
| Sat, 01 Oct 2022 | HK$557.7b | HK$202.5b | -HK$27,093,457,576.00 | 19.2x | -20.6x | 2.8x |
| Mon, 29 Aug 2022 | HK$584.5b | HK$213.6b | -HK$29,943,436,644.00 | 24.9x | -19.5x | 2.7x |
| Wed, 27 Jul 2022 | HK$755.3b | HK$236.9b | -HK$36,448,857,728.00 | 23.3x | -20.7x | 3.2x |
| Fri, 24 Jun 2022 | HK$676.0b | HK$237.6b | -HK$36,657,858,114.00 | 20.7x | -18.4x | 2.8x |
| Sun, 22 May 2022 | HK$678.8b | HK$259.1b | -HK$45,088,632,364.00 | 20.6x | -15.1x | 2.6x |
Price to Earnings Ratio
-15.1x
Current Industry PE
- Investors are pessimistic on the Hong Kong Hospitality 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 25.9x which is lower than its 3-year average PE of 37.3x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 45% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?
| HK Market | 3.79% | |
| Consumer Discretionary | 3.72% | |
| Hospitality | -0.54% | |
| Casinos and Gaming | 5.48% | |
| Leisure Facilities | 0.68% | |
| Hotels, Resorts and Cruise Lines | -0.24% | |
| Restaurants | -2.01% | |
Industry PE
- Investors are most optimistic about the Restaurants industry even though it's trading below its 3-year average PE ratio of 120x.
- Analysts are expecting annual earnings growth of 17.5%, which is higher than its past year's earnings decline of 15.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 92% over the next 5 years.
- In contrast, the Casinos and Gaming industry is expected to see its earnings grow by 14% per year over the next few years.
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$31.80 | 4.6% +HK$6.1b | -18.8% | PE15.9x | |
| 1928 Sands China | HK$15.76 | 1.0% +HK$1.3b | -24.4% | PE15.6x | |
| 200 Melco International Development | HK$4.23 | 18.5% +HK$1.0b | -35.5% | PS0.2x | |
| 3918 NagaCorp | HK$3.54 | 4.1% +HK$619.2m | -22.4% | PE18.3x | |
| 1405 DPC Dash | HK$98.45 | 3.8% +HK$471.2m | 67.1% | PE215.5x |
