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Hong Kong (HSI) Hospitality Industry Analysis
UpdatedAug 27, 2024
DataAggregated Company Financials
Companies91
- 7D-0.5%
- 3M-15.1%
- 1Y-26.9%
- YTD5.9%
The Hospitality is pretty flat in the last 7 days, but Tongcheng Travel Holdings has stood out, gaining 9.8%. Unfortunately though, the industry is down 27% over the past 12 months. Earnings are forecast to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Wed, 28 Aug 2024 | HK$1.1t | HK$639.1b | HK$30.0b | 11.7x | 35.8x | 1.7x |
| Fri, 26 Jul 2024 | HK$1.1t | HK$620.6b | HK$29.4b | 12.6x | 37.2x | 1.8x |
| Sun, 23 Jun 2024 | HK$1.2t | HK$618.1b | HK$31.2b | 13.2x | 39x | 2x |
| Tue, 21 May 2024 | HK$1.4t | HK$601.7b | HK$29.0b | 14.2x | 46.6x | 2.2x |
| Thu, 18 Apr 2024 | HK$1.1t | HK$597.0b | HK$28.0b | 13.7x | 38.8x | 1.8x |
| Sat, 16 Mar 2024 | HK$1.1t | HK$551.5b | HK$19.0b | 13x | 55.7x | 1.9x |
| Mon, 12 Feb 2024 | HK$894.9b | HK$527.9b | HK$7.7b | 11.3x | 116.9x | 1.7x |
| Wed, 10 Jan 2024 | HK$931.1b | HK$529.1b | HK$7.6b | 12.3x | 122.5x | 1.8x |
| Fri, 08 Dec 2023 | HK$1.0t | HK$513.4b | HK$5.0b | 14.3x | 209.8x | 2x |
| Sun, 05 Nov 2023 | HK$1.2t | HK$502.2b | HK$4.0b | 14.6x | 311.3x | 2.5x |
| Tue, 03 Oct 2023 | HK$1.3t | HK$502.9b | HK$4.0b | 16x | 331.1x | 2.6x |
| Thu, 31 Aug 2023 | HK$1.5t | HK$491.9b | -HK$2,318,497,540.00 | 14.2x | -640.1x | 3x |
| Sat, 29 Jul 2023 | HK$1.6t | HK$450.1b | -HK$19,748,017,705.00 | 16.1x | -79.4x | 3.5x |
| Mon, 26 Jun 2023 | HK$1.4t | HK$449.4b | -HK$20,743,662,322.00 | 17.9x | -67.7x | 3.1x |
| Wed, 24 May 2023 | HK$1.5t | HK$440.3b | -HK$31,821,351,562.00 | 18.1x | -46.6x | 3.4x |
| Fri, 21 Apr 2023 | HK$1.6t | HK$437.5b | -HK$32,103,455,251.00 | 17x | -50.2x | 3.7x |
| Sun, 19 Mar 2023 | HK$1.5t | HK$444.5b | -HK$42,727,738,260.00 | 20.6x | -35.3x | 3.4x |
| Tue, 14 Feb 2023 | HK$687.3b | HK$206.8b | -HK$26,026,824,055.00 | 22.2x | -26.4x | 3.3x |
| Thu, 12 Jan 2023 | HK$702.6b | HK$206.1b | -HK$27,009,349,643.00 | 21.8x | -26x | 3.4x |
| Sat, 10 Dec 2022 | HK$668.3b | HK$202.9b | -HK$26,734,551,517.00 | 19.9x | -25x | 3.3x |
| Mon, 07 Nov 2022 | HK$522.7b | HK$201.5b | -HK$27,078,022,886.00 | 17.2x | -19.3x | 2.6x |
| Wed, 05 Oct 2022 | HK$556.7b | HK$202.6b | -HK$27,138,844,363.00 | 19x | -20.5x | 2.7x |
| Fri, 02 Sep 2022 | HK$569.1b | HK$206.5b | -HK$26,559,512,201.00 | 20.6x | -21.4x | 2.8x |
| Sun, 31 Jul 2022 | HK$741.4b | HK$237.2b | -HK$36,458,310,206.00 | 23.8x | -20.3x | 3.1x |
| Tue, 28 Jun 2022 | HK$739.3b | HK$237.7b | -HK$37,170,447,995.00 | 18.4x | -19.9x | 3.1x |
| Thu, 26 May 2022 | HK$640.3b | HK$257.2b | -HK$36,456,731,758.00 | 20x | -17.6x | 2.5x |
| Sat, 23 Apr 2022 | HK$732.0b | HK$264.6b | -HK$40,773,781,762.00 | 18.2x | -18x | 2.8x |
| Mon, 21 Mar 2022 | HK$731.1b | HK$250.6b | -HK$35,535,062,380.00 | 15.6x | -20.6x | 2.9x |
| Wed, 16 Feb 2022 | HK$875.8b | HK$249.5b | -HK$42,358,477,518.00 | 22.4x | -20.7x | 3.5x |
| Fri, 14 Jan 2022 | HK$771.5b | HK$252.7b | -HK$41,145,192,047.00 | 18.4x | -18.8x | 3.1x |
| Sun, 12 Dec 2021 | HK$816.1b | HK$252.6b | -HK$41,135,538,035.00 | 22.3x | -19.8x | 3.2x |
| Tue, 09 Nov 2021 | HK$846.2b | HK$249.1b | -HK$40,753,827,170.00 | 19.7x | -20.8x | 3.4x |
| Thu, 07 Oct 2021 | HK$829.4b | HK$246.5b | -HK$40,980,800,698.00 | 23.3x | -20.2x | 3.4x |
| Sat, 04 Sep 2021 | HK$1.0t | HK$244.7b | -HK$40,808,055,255.44 | 24x | -24.5x | 4.1x |
Price to Earnings Ratio
-24.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Hospitality industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.8x which is higher than its 3-year average PE of 24.7x.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 1.7x.
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 38% 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 | 0.49% | |
| Consumer Discretionary | 0.88% | |
| Hospitality | -0.47% | |
| Leisure Facilities | 2.82% | |
| Restaurants | -0.087% | |
| Hotels, Resorts and Cruise Lines | -1.28% | |
| Casinos and Gaming | -1.75% | |
Industry PE
- Investors are most optimistic about the Restaurants industry even though it's trading below its 3-year average PE ratio of 95.5x.
- Analysts are expecting annual earnings growth of 30.1%, which is higher than its past year's earnings growth of 19.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 91% over the next 5 years.
- In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 780 Tongcheng Travel Holdings | HK$14.40 | 9.8% +HK$3.0b | -22.5% | PE18.5x | |
| 9658 Super Hi International Holding | HK$13.10 | 9.9% +HK$767.4m | 1.6% | PE70.1x | |
| 3918 NagaCorp | HK$3.29 | 5.4% +HK$751.9m | -20.1% | PE10.5x | |
| 1928 Sands China | HK$14.98 | 0.4% +HK$485.6m | -44.2% | PE14.7x | |
| 9922 Jiumaojiu International Holdings | HK$2.56 | 5.3% +HK$181.3m | -81.0% | PE10.8x |
