Returns On Capital Are Showing Encouraging Signs At Hygeia Healthcare Holdings (HKG:6078)
Dec 04
Hong Kong (HSI) Healthcare Facilities Industry Analysis
UpdatedDec 08, 2023
DataAggregated Company Financials
Companies17
- 7D-8.1%
- 3M-4.1%
- 1Y-17.9%
- YTD-26.6%
Over the last 7 days, the Healthcare Facilities industry has dropped 7.6%, driven by Hygeia Healthcare Holdings declining 11%. The industry has fallen 12% in the last year. Looking forward, earnings are forecast to grow by 38% annually.
Industry Valuation and Performance
Has the Hong Kong Healthcare Facilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 Dec 2023 | HK$50.0b | HK$28.5b | HK$1.4b | 11.8x | 34.6x | 1.8x |
| Mon, 06 Nov 2023 | HK$54.6b | HK$28.1b | HK$1.5b | 10.9x | 37.4x | 1.9x |
| Wed, 04 Oct 2023 | HK$52.2b | HK$28.1b | HK$1.5b | 9.5x | 35.7x | 1.9x |
| Fri, 01 Sep 2023 | HK$50.7b | HK$27.9b | HK$1.1b | 10.5x | 44.6x | 1.8x |
| Sun, 30 Jul 2023 | HK$60.1b | HK$24.9b | HK$866.2m | 9.8x | 69.4x | 2.4x |
| Tue, 27 Jun 2023 | HK$89.7b | HK$45.8b | -HK$10,754,056,195.00 | 9.5x | -8.3x | 2x |
| Thu, 25 May 2023 | HK$95.6b | HK$46.0b | -HK$10,650,329,932.00 | 9.6x | -9x | 2.1x |
| Sat, 22 Apr 2023 | HK$101.6b | HK$46.5b | -HK$10,623,381,101.00 | 10.2x | -9.6x | 2.2x |
| Mon, 20 Mar 2023 | HK$104.0b | HK$46.5b | -HK$10,267,473,838.00 | 16.9x | -10.1x | 2.2x |
| Wed, 15 Feb 2023 | HK$103.9b | HK$46.7b | -HK$10,252,159,369.00 | 15.8x | -10.1x | 2.2x |
| Fri, 13 Jan 2023 | HK$103.0b | HK$46.8b | -HK$10,247,700,388.00 | 15.2x | -10.1x | 2.2x |
| Sun, 11 Dec 2022 | HK$95.2b | HK$46.2b | -HK$10,287,182,671.00 | 13.2x | -9.3x | 2.1x |
| Tue, 08 Nov 2022 | HK$85.4b | HK$45.6b | -HK$10,291,632,400.00 | 10.9x | -8.3x | 1.9x |
| Thu, 06 Oct 2022 | HK$87.6b | HK$45.8b | -HK$10,280,620,191.00 | 12.3x | -8.5x | 1.9x |
| Sat, 03 Sep 2022 | HK$86.9b | HK$46.4b | -HK$10,283,108,565.00 | 15.4x | -8.5x | 1.9x |
| Mon, 01 Aug 2022 | HK$88.9b | HK$44.9b | -HK$9,946,351,370.00 | 13.5x | -8.9x | 2x |
| Wed, 29 Jun 2022 | HK$97.3b | HK$45.1b | -HK$9,935,032,914.00 | 15.4x | -9.8x | 2.2x |
| Fri, 27 May 2022 | HK$83.8b | HK$45.3b | -HK$9,988,944,460.00 | 11.3x | -8.4x | 1.9x |
| Sun, 24 Apr 2022 | HK$84.8b | HK$46.2b | -HK$10,216,131,039.00 | 12x | -8.3x | 1.8x |
| Tue, 22 Mar 2022 | HK$79.6b | HK$43.5b | -HK$10,502,575,964.00 | 12.4x | -7.6x | 1.8x |
| Thu, 17 Feb 2022 | HK$91.4b | HK$43.5b | -HK$10,511,158,942.00 | 14.9x | -8.7x | 2.1x |
| Sat, 15 Jan 2022 | HK$98.4b | HK$43.3b | -HK$10,459,784,094.00 | 18.5x | -9.4x | 2.3x |
| Mon, 13 Dec 2021 | HK$91.6b | HK$40.8b | -HK$10,612,575,992.00 | 18x | -8.6x | 2.2x |
| Wed, 10 Nov 2021 | HK$95.0b | HK$40.5b | -HK$10,560,830,552.00 | 19.4x | -9x | 2.3x |
| Fri, 08 Oct 2021 | HK$99.2b | HK$40.2b | -HK$10,487,890,288.00 | 22.3x | -9.5x | 2.5x |
| Sun, 05 Sep 2021 | HK$136.1b | HK$40.0b | -HK$10,431,121,586.12 | 20.4x | -13x | 3.4x |
| Tue, 03 Aug 2021 | HK$202.3b | HK$40.0b | -HK$10,431,121,586.12 | 20.8x | -19.4x | 5.1x |
| Fri, 07 May 2021 | HK$645.6b | HK$35.6b | -HK$9,507,991,654.18 | 21.1x | -67.9x | 18.1x |
| Mon, 08 Feb 2021 | HK$58.2b | HK$14.4b | HK$205.7m | 26.9x | 283x | 4x |
Price to Earnings Ratio
248.8x
Current Industry PE
- Investors are optimistic on the Hong Kong Health Care Facilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.4x which is higher than its 3-year average PE of 15.1x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Health Care Facilities industry have grown 92% per year over the last three years.
- Revenues for these companies have grown 25% 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 Healthcare Facilities compare with similar industries?
| HK Market | -3.37% | |
| Healthcare | -8.78% | |
| Healthcare Services | -1.53% | |
| Healthcare Facilities | -8.05% | |
| Healthcare Distributors | 1.31% | |
| Healthcare Services | -2.24% | |
| Managed Healthcare | -8.25% | |
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 | |
|---|---|---|---|---|---|
| 383 China Medical & HealthCare Group | HK$0.81 | 1.3% +HK$10.9m | -26.4% | PS0.6x | |
| 3689 Guangdong Kanghua Healthcare | HK$1.90 | 0.5% +HK$3.3m | 5.6% | PE5x |
