Returns On Capital Signal Difficult Times Ahead For Chiho Environmental Group (HKG:976)
Jul 19
Hong Kong (HSI) Environmental and Facilities Services Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies33
- 7D1.7%
- 3M6.0%
- 1Y-0.3%
- YTDn/a
Last week, the Environmental and Facilities Services industry hasn't moved much but China Everbright Environment Group is up 4.3% in that time. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 5.8% annually.
Industry Valuation and Performance
Has the Hong Kong Environmental and Facilities Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | HK$58.2b | HK$97.7b | HK$6.7b | 6.7x | 8.7x | 0.6x |
| Sat, 22 Jun 2024 | HK$58.6b | HK$97.1b | HK$6.6b | 6.4x | 8.9x | 0.6x |
| Mon, 20 May 2024 | HK$60.6b | HK$97.3b | HK$6.1b | 6.4x | 9.9x | 0.6x |
| Wed, 17 Apr 2024 | HK$56.1b | HK$97.7b | HK$6.3b | 5.6x | 8.9x | 0.6x |
| Fri, 15 Mar 2024 | HK$54.7b | HK$97.2b | HK$4.4b | 5.7x | 12.5x | 0.6x |
| Sun, 11 Feb 2024 | HK$52.3b | HK$97.3b | HK$4.4b | 5.6x | 11.9x | 0.5x |
| Tue, 09 Jan 2024 | HK$54.7b | HK$98.2b | HK$4.5b | 6x | 12.2x | 0.6x |
| Thu, 07 Dec 2023 | HK$54.3b | HK$98.2b | HK$4.5b | 5.3x | 12.1x | 0.6x |
| Sat, 04 Nov 2023 | HK$55.5b | HK$97.4b | HK$4.5b | 5.6x | 12.3x | 0.6x |
| Mon, 02 Oct 2023 | HK$56.8b | HK$97.3b | HK$4.5b | 6.3x | 12.5x | 0.6x |
| Wed, 30 Aug 2023 | HK$59.9b | HK$101.8b | HK$4.5b | 6.2x | 13.2x | 0.6x |
| Fri, 28 Jul 2023 | HK$61.5b | HK$105.3b | HK$4.8b | 6.7x | 12.9x | 0.6x |
| Sun, 25 Jun 2023 | HK$58.1b | HK$105.6b | HK$4.8b | 5.1x | 12x | 0.6x |
| Tue, 23 May 2023 | HK$51.4b | HK$106.7b | HK$5.8b | 5.8x | 8.8x | 0.5x |
| Thu, 20 Apr 2023 | HK$60.4b | HK$107.5b | HK$5.8b | 6.1x | 10.3x | 0.6x |
| Sat, 18 Mar 2023 | HK$61.8b | HK$121.6b | HK$9.8b | 5.5x | 6.3x | 0.5x |
| Mon, 13 Feb 2023 | HK$64.2b | HK$122.0b | HK$9.8b | 5.7x | 6.5x | 0.5x |
| Wed, 11 Jan 2023 | HK$64.9b | HK$121.2b | HK$9.8b | 5.4x | 6.6x | 0.5x |
| Fri, 09 Dec 2022 | HK$63.3b | HK$120.0b | HK$9.7b | 5.8x | 6.5x | 0.5x |
| Sun, 06 Nov 2022 | HK$55.8b | HK$118.7b | HK$9.6b | 5.8x | 5.8x | 0.5x |
| Tue, 04 Oct 2022 | HK$60.5b | HK$118.6b | HK$9.5b | 5.5x | 6.4x | 0.5x |
| Thu, 01 Sep 2022 | HK$74.9b | HK$119.2b | HK$9.5b | 6.2x | 7.9x | 0.6x |
| Sat, 30 Jul 2022 | HK$76.3b | HK$123.5b | HK$11.1b | 6.3x | 6.9x | 0.6x |
| Mon, 27 Jun 2022 | HK$77.8b | HK$123.7b | HK$11.2b | 6.6x | 7x | 0.6x |
| Wed, 25 May 2022 | HK$76.6b | HK$124.0b | HK$11.2b | 5.8x | 6.8x | 0.6x |
| Fri, 22 Apr 2022 | HK$84.7b | HK$125.0b | HK$11.4b | 7.2x | 7.4x | 0.7x |
| Sun, 20 Mar 2022 | HK$74.2b | HK$121.4b | HK$11.1b | 6.4x | 6.7x | 0.6x |
| Tue, 15 Feb 2022 | HK$83.9b | HK$122.4b | HK$11.1b | 8.3x | 7.5x | 0.7x |
| Thu, 13 Jan 2022 | HK$86.7b | HK$119.2b | HK$11.1b | 9.2x | 7.8x | 0.7x |
| Sat, 11 Dec 2021 | HK$83.3b | HK$119.1b | HK$11.1b | 8.7x | 7.5x | 0.7x |
| Mon, 08 Nov 2021 | HK$77.8b | HK$118.5b | HK$11.1b | 6.6x | 7x | 0.7x |
| Wed, 06 Oct 2021 | HK$88.0b | HK$118.4b | HK$10.9b | 7.3x | 8x | 0.7x |
| Fri, 03 Sep 2021 | HK$84.2b | HK$118.8b | HK$10.9b | 7.6x | 7.8x | 0.7x |
| Sun, 01 Aug 2021 | HK$73.5b | HK$118.8b | HK$10.9b | 7.2x | 6.8x | 0.6x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Environmental and Facilities Services 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 8.9x.
- The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
- The earnings for companies in the Environmental and Facilities Services industry have declined 15% per year over the last three years,
- Revenues have also declined 6.3% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Environmental and Facilities Services compare with similar industries?
| HK Market | -1.61% | |
| Industrials | -0.98% | |
| Commercial Services | 0.38% | |
| Environmental and Facilities Services | 1.74% | |
| Commercial Printing | 4.82% | |
| Office Services and Supplies | 0% | |
| Security and Alarm Services | -2.58% | |
| Diversified Support Services | -3.27% | |
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 | |
|---|---|---|---|---|---|
| 257 China Everbright Environment Group | HK$3.64 | 2.5% +HK$552.9m | 19.0% | PE5x | |
| 1354 Xi'an Kingfar Property Services | HK$10.80 | 32.0% +HK$174.7m | n/a | PE13.5x | |
| 1845 Weigang Environmental Technology Holding Group | HK$0.27 | 50.0% +HK$120.0m | 22.7% | PE190.9x | |
| 2265 Hongcheng Environmental Technology | HK$0.86 | 2.4% +HK$20.0m | 26.5% | PE45.7x | |
| 6805 Kimou Environmental Holding | HK$1.09 | 0.9% +HK$11.1m | 23.9% | PE12.3x |
