Grace Wine Holdings Limited's (HKG:8146) 37% Share Price Surge Not Quite Adding Up
Oct 10
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Hong Kong (HSI) Distillers and Wine Makers Industry Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies5
- 7D-13.3%
- 3M5.9%
- 1Y-32.7%
- YTDn/a
Over the last 7 days, the Distillers and Wine Makers industry has dropped 13%, driven by a pullback from ZJLD Group of 24%. Meanwhile, Grace Wine Holdings actually outperformed within the industry, gaining 8.1% in the last week. However, the industry is down 33% over the past year. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Hong Kong Distillers and Wine Makers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | HK$29.0b | HK$9.6b | HK$1.5b | 18.4x | 19.7x | 3x |
| Thu, 12 Sep 2024 | HK$22.7b | HK$9.5b | HK$1.5b | 18.4x | 15.5x | 2.4x |
| Sat, 10 Aug 2024 | HK$25.8b | HK$8.8b | HK$2.4b | 9.7x | 10.9x | 2.9x |
| Mon, 08 Jul 2024 | HK$27.2b | HK$8.6b | HK$2.4b | 10.4x | 11.5x | 3.2x |
| Wed, 05 Jun 2024 | HK$35.2b | HK$8.6b | HK$2.4b | 13.5x | 14.8x | 4.1x |
| Fri, 03 May 2024 | HK$38.0b | HK$8.6b | HK$2.4b | 14.7x | 16x | 4.4x |
| Sun, 31 Mar 2024 | HK$38.1b | HK$8.4b | HK$2.4b | 14.6x | 15.8x | 4.5x |
| Tue, 27 Feb 2024 | HK$32.4b | HK$7.6b | HK$2.2b | 19.8x | 14.7x | 4.3x |
| Thu, 25 Jan 2024 | HK$29.6b | HK$8.1b | HK$838.9m | 20.6x | 35.3x | 3.7x |
| Sat, 23 Dec 2023 | HK$31.6b | HK$8.1b | HK$823.0m | 20.2x | 38.5x | 3.9x |
| Mon, 20 Nov 2023 | HK$40.4b | HK$8.0b | HK$791.3m | 19.1x | 51.1x | 5.1x |
| Wed, 18 Oct 2023 | HK$42.7b | HK$7.9b | HK$775.4m | 19.7x | 55x | 5.4x |
| Fri, 15 Sep 2023 | HK$42.6b | HK$7.9b | HK$784.9m | 18.9x | 54.3x | 5.4x |
| Sun, 13 Aug 2023 | HK$32.8b | HK$7.5b | -HK$405,820,346.00 | 27.3x | -80.8x | 4.3x |
| Tue, 11 Jul 2023 | HK$28.3b | HK$7.6b | -HK$404,283,452.00 | 23.3x | -70x | 3.7x |
| Thu, 08 Jun 2023 | HK$25.9b | HK$7.7b | -HK$383,434,248.00 | 20.8x | -67.4x | 3.4x |
| Sat, 06 May 2023 | HK$31.9b | HK$7.9b | -HK$355,502,565.00 | 23x | -89.8x | 4.1x |
| Mon, 03 Apr 2023 | HK$2.1b | HK$3.7b | -HK$1,412,371,296.00 | 643x | -1.5x | 0.6x |
| Wed, 01 Mar 2023 | HK$2.2b | HK$3.7b | -HK$1,344,489,512.00 | 16.8x | -1.7x | 0.6x |
| Fri, 27 Jan 2023 | HK$2.3b | HK$3.7b | -HK$1,343,893,452.00 | 17.7x | -1.7x | 0.6x |
| Sun, 25 Dec 2022 | HK$2.3b | HK$3.7b | -HK$1,344,864,920.00 | 18x | -1.7x | 0.6x |
| Tue, 22 Nov 2022 | HK$2.4b | HK$3.7b | -HK$1,345,335,424.00 | 16.6x | -1.8x | 0.6x |
| Thu, 20 Oct 2022 | HK$2.0b | HK$3.7b | -HK$1,346,899,313.00 | 17.4x | -1.5x | 0.5x |
| Sat, 17 Sep 2022 | HK$2.4b | HK$3.7b | -HK$1,346,089,692.00 | 19.4x | -1.8x | 0.6x |
| Mon, 15 Aug 2022 | HK$2.5b | HK$3.6b | -HK$1,284,468,807.00 | 15.4x | -1.9x | 0.7x |
| Wed, 13 Jul 2022 | HK$2.5b | HK$3.6b | -HK$1,285,638,122.00 | 16.2x | -1.9x | 0.7x |
| Fri, 10 Jun 2022 | HK$2.6b | HK$3.6b | -HK$1,285,548,671.00 | 17.7x | -2.1x | 0.7x |
| Sun, 08 May 2022 | HK$2.2b | HK$3.6b | -HK$1,281,042,633.00 | 13.6x | -1.7x | 0.6x |
| Tue, 05 Apr 2022 | HK$2.2b | HK$3.6b | -HK$1,280,016,788.00 | 13.9x | -1.7x | 0.6x |
| Thu, 03 Mar 2022 | HK$2.2b | HK$1.1b | -HK$1,580,323,775.00 | 18.2x | -1.4x | 2.1x |
| Sat, 29 Jan 2022 | HK$2.4b | HK$1.1b | -HK$1,578,989,462.00 | 18.5x | -1.5x | 2.3x |
| Mon, 27 Dec 2021 | HK$2.4b | HK$1.1b | -HK$1,579,062,086.00 | 18.1x | -1.5x | 2.2x |
| Wed, 24 Nov 2021 | HK$2.9b | HK$1.1b | -HK$1,578,597,567.00 | 21.6x | -1.8x | 2.7x |
| Fri, 22 Oct 2021 | HK$3.0b | HK$1.1b | -HK$1,579,962,046.00 | 26.6x | -1.9x | 2.9x |
Price to Earnings Ratio
-1.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Distillers and Vintners industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.7x which is higher than its 3-year average PE of 0.85x.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- Total earnings for the Distillers and Vintners industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 108% 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 Distillers and Wine Makers compare with similar industries?
| HK Market | -6.19% | |
| Consumer Staples | -7.76% | |
| Beverage | -6.82% | |
| Distillers and Wine Makers | -13.27% | |
| Soft Drinks | -5.96% | |
| Brewers | -7.16% | |
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 | |
|---|---|---|---|---|---|
| 8146 Grace Wine Holdings | HK$0.093 | 2.2% +HK$1.6m | -37.2% | PE52.9x |