Getting In Cheap On TBK & Sons Holdings Limited (HKG:1960) Might Be Difficult
Jan 28
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Hong Kong (HSI) Oil and Gas Services Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies14
- 7D1.5%
- 3M17.2%
- 1Y55.1%
- YTDn/a
The Oil and Gas Services industry is up 1.5% in the last week, with Wison Engineering Services up 23%. This means that the industry has gained 55% over the past year. As for the next few years, earnings are expected to grow by 48% per annum.
Industry Valuation and Performance
Has the Hong Kong Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Feb 2025 | HK$57.6b | HK$117.9b | HK$927.1m | 9.4x | 62.1x | 0.5x |
| Tue, 31 Dec 2024 | HK$56.3b | HK$116.7b | HK$917.3m | 8x | 61.4x | 0.5x |
| Thu, 28 Nov 2024 | HK$54.4b | HK$117.9b | HK$926.7m | 7.8x | 58.7x | 0.5x |
| Sat, 26 Oct 2024 | HK$48.4b | HK$119.4b | HK$955.8m | 7.9x | 50.6x | 0.4x |
| Mon, 23 Sep 2024 | HK$41.5b | HK$121.3b | HK$869.3m | 7.1x | 47.8x | 0.3x |
| Wed, 21 Aug 2024 | HK$44.6b | HK$119.9b | HK$565.6m | 9.1x | 78.8x | 0.4x |
| Fri, 19 Jul 2024 | HK$43.9b | HK$118.2b | HK$544.4m | 9.8x | 80.6x | 0.4x |
| Sun, 16 Jun 2024 | HK$44.8b | HK$122.8b | HK$794.7m | 9.2x | 56.4x | 0.4x |
| Tue, 14 May 2024 | HK$48.7b | HK$123.1b | HK$797.0m | 9.3x | 61.1x | 0.4x |
| Thu, 11 Apr 2024 | HK$46.8b | HK$123.1b | HK$435.2m | 9.8x | 107.6x | 0.4x |
| Sat, 09 Mar 2024 | HK$47.6b | HK$121.2b | -HK$83,558,284.26 | 9.9x | -569.8x | 0.4x |
| Mon, 05 Feb 2024 | HK$42.6b | HK$121.5b | -HK$62,519,949.00 | 9.7x | -681.3x | 0.4x |
| Wed, 03 Jan 2024 | HK$47.7b | HK$122.3b | -HK$65,364,796.00 | 10.5x | -729.8x | 0.4x |
| Fri, 01 Dec 2023 | HK$48.6b | HK$122.3b | -HK$65,090,708.00 | 10.6x | -747x | 0.4x |
| Sun, 29 Oct 2023 | HK$49.8b | HK$119.0b | -HK$102,470,678.00 | 8.4x | -486.3x | 0.4x |
| Tue, 26 Sep 2023 | HK$51.7b | HK$119.8b | -HK$73,673,903.00 | 15.2x | -701.8x | 0.4x |
| Thu, 24 Aug 2023 | HK$51.3b | HK$118.1b | -HK$1,095,468,455.00 | 13.8x | -46.8x | 0.4x |
| Sat, 22 Jul 2023 | HK$50.0b | HK$119.5b | -HK$1,057,477,588.00 | 12.3x | -47.3x | 0.4x |
| Mon, 19 Jun 2023 | HK$47.5b | HK$120.4b | -HK$1,068,043,921.00 | 11.3x | -44.5x | 0.4x |
| Wed, 17 May 2023 | HK$51.1b | HK$123.4b | -HK$1,100,993,072.00 | 12.6x | -46.4x | 0.4x |
| Fri, 14 Apr 2023 | HK$54.7b | HK$122.4b | -HK$1,178,045,163.00 | 10.8x | -46.4x | 0.4x |
| Sun, 12 Mar 2023 | HK$51.0b | HK$121.8b | -HK$2,139,127,916.00 | 20.3x | -23.9x | 0.4x |
| Tue, 07 Feb 2023 | HK$52.6b | HK$124.1b | -HK$2,174,790,031.00 | 21.3x | -24.2x | 0.4x |
| Thu, 05 Jan 2023 | HK$48.7b | HK$121.9b | -HK$2,136,680,613.00 | 21.9x | -22.8x | 0.4x |
| Sat, 03 Dec 2022 | HK$48.1b | HK$118.6b | -HK$2,077,076,374.00 | 20.4x | -23.2x | 0.4x |
| Mon, 31 Oct 2022 | HK$43.5b | HK$116.2b | -HK$2,036,208,103.00 | 21.1x | -21.4x | 0.4x |
| Wed, 28 Sep 2022 | HK$46.0b | HK$114.9b | -HK$2,156,602,125.00 | 24.2x | -21.4x | 0.4x |
| Fri, 26 Aug 2022 | HK$49.7b | HK$119.2b | -HK$1,312,669,470.00 | 33.6x | -37.9x | 0.4x |
| Sun, 24 Jul 2022 | HK$49.4b | HK$120.6b | -HK$1,350,400,659.00 | 41.5x | -36.6x | 0.4x |
| Tue, 21 Jun 2022 | HK$49.7b | HK$121.2b | -HK$1,357,784,019.00 | 38.2x | -36.6x | 0.4x |
| Thu, 19 May 2022 | HK$48.8b | HK$120.8b | -HK$1,342,683,843.00 | 30.8x | -36.4x | 0.4x |
| Sat, 16 Apr 2022 | HK$52.7b | HK$126.5b | -HK$1,350,947,075.00 | 30.6x | -39x | 0.4x |
| Mon, 14 Mar 2022 | HK$55.8b | HK$123.7b | HK$533.2m | 11.8x | 104.6x | 0.5x |
| Wed, 09 Feb 2022 | HK$59.5b | HK$122.3b | HK$525.6m | 13.5x | 113.2x | 0.5x |
Price to Earnings Ratio
113.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 62.1x which is higher than its 3-year average PE of -120x.
- The industry is trading close to its 3-year average PS ratio of 0.41x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have grown 21% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Hong Kong Oil and Gas Services compare with similar industries?
| HK Market | 0.39% | |
| Energy | -0.028% | |
| Energy Services | -0.10% | |
| Oil and Gas Services | 1.46% | |
| Oil and Gas Drilling | -1.54% | |
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 | |
|---|---|---|---|---|---|
| 2236 Wison Engineering Services | HK$0.32 | 23.1% +HK$244.4m | 14.3% | PS0.3x | |
| 1033 Sinopec Oilfield Service | HK$0.67 | 1.5% +HK$189.8m | 52.3% | PE14.4x | |
| 1921 Dalipal Holdings | HK$9.70 | 1.0% +HK$150.3m | 152.6% | PE1686.9x | |
| 1960 TBK & Sons Holdings | HK$0.14 | 17.9% +HK$22.0m | -58.6% | PS0.3x | |
| 1586 China Leon Inspection Holding | HK$2.30 | 0.4% +HK$5.9m | 73.3% | PE16.5x |
