Is There An Opportunity With Ferretti S.p.A.'s (HKG:9638) 21% Undervaluation?
Today we will run through one way of estimating the intrinsic value of Ferretti S.p.A. ( HKG:9638 ) by taking the...
Hong Kong (HSI) Leisure Products Industry Analysis
UpdatedAug 08, 2022
DataAggregated Company Financials
Companies21
- 7D3.7%
- 3M-4.4%
- 1Y-22.2%
- YTD-5.3%
Over the last 7 days, the Leisure Products industry has risen 3.7%, driven by gains from Ferretti of 9.3%. In the same time, Goodbaby International Holdings was down 14%. In the past year, the industry is down 22%. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Hong Kong Leisure Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 08 Aug 2022 | HK$21.1b | HK$37.0b | HK$651.2m | 18.3x | 32.5x | 0.6x |
| Wed, 06 Jul 2022 | HK$20.3b | HK$36.6b | HK$660.7m | 17.7x | 30.8x | 0.6x |
| Fri, 03 Jun 2022 | HK$20.8b | HK$36.5b | HK$625.4m | 14x | 33.3x | 0.6x |
| Sun, 01 May 2022 | HK$13.6b | HK$28.4b | HK$494.3m | 12.9x | 27.6x | 0.5x |
| Tue, 29 Mar 2022 | HK$13.4b | HK$28.1b | HK$376.6m | 12.9x | 35.6x | 0.5x |
| Thu, 24 Feb 2022 | HK$14.5b | HK$26.1b | HK$443.3m | 12.1x | 32.6x | 0.6x |
| Sat, 22 Jan 2022 | HK$15.0b | HK$26.1b | HK$456.2m | 11.8x | 32.9x | 0.6x |
| Mon, 20 Dec 2021 | HK$15.0b | HK$26.2b | HK$478.6m | 16.4x | 31.4x | 0.6x |
| Wed, 17 Nov 2021 | HK$15.6b | HK$26.0b | HK$395.0m | 16.5x | 39.6x | 0.6x |
| Fri, 15 Oct 2021 | HK$20.5b | HK$36.7b | HK$758.7m | 17.3x | 27x | 0.6x |
| Sun, 12 Sep 2021 | HK$20.7b | HK$36.7b | HK$761.4m | 16.2x | 27.1x | 0.6x |
| Tue, 10 Aug 2021 | HK$22.5b | HK$36.7b | HK$761.4m | 18x | 29.5x | 0.6x |
| Mon, 03 May 2021 | HK$20.2b | HK$34.2b | HK$479.4m | 18.6x | 42.1x | 0.6x |
| Thu, 04 Feb 2021 | HK$18.4b | HK$32.1b | HK$53.2m | 8x | 346.5x | 0.6x |
| Sun, 08 Nov 2020 | HK$16.9b | HK$32.1b | HK$166.5m | 6.3x | 101.4x | 0.5x |
| Sat, 01 Aug 2020 | HK$17.1b | HK$32.1b | HK$440.4m | 6.6x | 38.7x | 0.5x |
| Tue, 05 May 2020 | HK$18.0b | HK$32.9b | HK$1.0b | 8.2x | 17.7x | 0.5x |
| Fri, 07 Feb 2020 | HK$21.9b | HK$33.6b | HK$1.6b | 8.6x | 13.7x | 0.7x |
| Thu, 31 Oct 2019 | HK$23.8b | HK$34.1b | HK$1.6b | 8.6x | 15.1x | 0.7x |
Price to Earnings Ratio
17.7x
Current Industry PE
- Investors are pessimistic on the Hong Kong Leisure Products 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 32.5x which is lower than its 3-year average PE of 54.9x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Leisure Products industry have declined 23% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Hong Kong Leisure Products compare with similar industries?
| HK Market | -0.75% | |
| Consumer Discretionary | 1.73% | |
| Leisure | 3.68% | |
| Leisure Products | 3.68% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9638 Ferretti | HK$21.10 | 9.3% +HK$609.3m | n/a | PE20.5x | |
| 6918 Kidztech Holdings | HK$2.72 | 52.8% +HK$489.6m | 78.9% | PE46.8x | |
| 869 Playmates Toys | HK$0.59 | 15.7% +HK$94.4m | -15.7% | PE16.2x | |
| 361 Sino Golf Holdings | HK$0.094 | 17.5% +HK$72.8m | -62.2% | PS1.2x | |
| 1237 China Environmental Technology and Bioenergy Holdings | HK$0.084 | 21.7% +HK$12.8m | -30.0% | PE1.3x |
