East Buy Holding Limited (HKG:1797) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless
Apr 09
Hong Kong (HSI) Food Retail Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies12
- 7D-0.3%
- 3M-25.3%
- 1Y-44.1%
- YTDn/a
The Food Retail is pretty flat in the last 7 days, but East Buy Holding has stood out, gaining 4.1%. As for the longer term, the industry has declined 44% in the last year. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Hong Kong Food Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | HK$53.6b | HK$44.2b | HK$1.1b | 10.8x | 47.5x | 1.2x |
| Mon, 18 Mar 2024 | HK$36.1b | HK$39.4b | HK$433.4m | 10.3x | 83.2x | 0.9x |
| Wed, 14 Feb 2024 | HK$44.0b | HK$39.4b | HK$433.4m | 9.7x | 101.4x | 1.1x |
| Fri, 12 Jan 2024 | HK$46.8b | HK$39.5b | HK$434.2m | 10.3x | 107.7x | 1.2x |
| Sun, 10 Dec 2023 | HK$47.5b | HK$39.6b | HK$467.3m | 8.2x | 101.6x | 1.2x |
| Tue, 07 Nov 2023 | HK$42.2b | HK$39.0b | HK$449.0m | 8.9x | 94.1x | 1.1x |
| Thu, 05 Oct 2023 | HK$12.3b | HK$28.4b | HK$533.7m | 8.8x | 23x | 0.4x |
| Sat, 02 Sep 2023 | HK$11.8b | HK$28.5b | HK$535.7m | 8.9x | 22x | 0.4x |
| Mon, 31 Jul 2023 | HK$12.2b | HK$28.6b | HK$512.7m | 10x | 23.8x | 0.4x |
| Wed, 28 Jun 2023 | HK$12.7b | HK$28.7b | HK$517.0m | 9.9x | 24.5x | 0.4x |
| Fri, 26 May 2023 | HK$12.9b | HK$29.1b | HK$504.2m | 12.2x | 25.5x | 0.4x |
| Sun, 23 Apr 2023 | HK$13.3b | HK$30.2b | HK$510.6m | 12.2x | 26.1x | 0.4x |
| Tue, 21 Mar 2023 | HK$13.0b | HK$30.3b | HK$476.0m | 12.7x | 27.2x | 0.4x |
| Thu, 16 Feb 2023 | HK$13.1b | HK$30.5b | HK$477.3m | 13x | 27.4x | 0.4x |
| Sat, 14 Jan 2023 | HK$29.3b | HK$50.4b | HK$1.0b | 10.6x | 29.1x | 0.6x |
| Mon, 12 Dec 2022 | HK$4.3b | HK$18.0b | HK$139.1m | 10.6x | 30.8x | 0.2x |
| Wed, 09 Nov 2022 | HK$4.1b | HK$17.6b | HK$66.4m | 7.9x | 62.5x | 0.2x |
| Fri, 07 Oct 2022 | HK$4.4b | HK$18.1b | HK$82.4m | 8.3x | 53.1x | 0.2x |
| Sun, 04 Sep 2022 | HK$4.7b | HK$18.5b | HK$55.9m | 9.2x | 84.8x | 0.3x |
| Tue, 02 Aug 2022 | HK$4.0b | HK$19.4b | HK$89.1m | 9.4x | 45.4x | 0.2x |
| Thu, 30 Jun 2022 | HK$4.4b | HK$19.0b | HK$31.7m | 10.7x | 137.8x | 0.2x |
| Sat, 28 May 2022 | HK$4.3b | HK$18.8b | -HK$35,709,367.00 | 11.1x | -120.2x | 0.2x |
| Mon, 25 Apr 2022 | HK$4.1b | HK$19.3b | -HK$36,884,665.00 | 11.4x | -109.9x | 0.2x |
| Wed, 23 Mar 2022 | HK$4.1b | HK$20.6b | HK$57.3m | 11.8x | 71x | 0.2x |
| Fri, 18 Feb 2022 | HK$4.4b | HK$20.5b | HK$54.3m | 12.7x | 81.7x | 0.2x |
| Sun, 16 Jan 2022 | HK$4.3b | HK$20.4b | HK$51.3m | 12.9x | 84x | 0.2x |
| Tue, 14 Dec 2021 | HK$4.2b | HK$20.5b | HK$47.8m | 13x | 88.6x | 0.2x |
| Thu, 11 Nov 2021 | HK$4.5b | HK$20.3b | HK$58.2m | 13.4x | 78.1x | 0.2x |
| Sat, 09 Oct 2021 | HK$4.5b | HK$20.4b | HK$153.0m | 11.1x | 29.4x | 0.2x |
| Mon, 06 Sep 2021 | HK$4.8b | HK$20.3b | HK$170.5m | 11.7x | 28x | 0.2x |
| Wed, 04 Aug 2021 | HK$5.1b | HK$20.3b | HK$386.3m | 8.7x | 13.2x | 0.3x |
| Sat, 08 May 2021 | HK$5.2b | HK$19.8b | HK$355.8m | 10.4x | 14.5x | 0.3x |
Price to Earnings Ratio
14.5x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Food Retail 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 46.1x.
- The 3-year average PS ratio of 0.42x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Food Retail industry have grown 47% per year over the last three years.
- Revenues for these companies have grown 31% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Food Retail compare with similar industries?
| HK Market | -1.99% | |
| Consumer Staples | -3.32% | |
| Food and Staples Retail | -6.02% | |
| Food Retail | -0.27% | |
| Big Box Super Stores | -2.93% | |
| Food Distributors | -3.25% | |
| Drug Retail | -8.66% | |
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 | |
|---|---|---|---|---|---|
| 1797 East Buy Holding | HK$16.34 | 4.1% +HK$659.2m | -45.4% | PE24.5x | |
| 2360 Best Mart 360 Holdings | HK$1.83 | 0.5% +HK$10.0m | -11.2% | PE8x | |
| 814 Beijing Jingkelong | HK$0.41 | 3.8% +HK$6.2m | -36.2% | PS0.02x | |
| 8496 Global Uin Intelligence Holdings | HK$0.38 | 1.4% +HK$1.3m | -34.2% | PS1.8x |
