Is China Conch Environment Protection Holdings Limited (HKG:587) Worth HK$0.7 Based On Its Intrinsic Value?
Apr 16
Hong Kong (HSI) Environmental and Facilities Services Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies33
- 7D-2.6%
- 3M8.9%
- 1Y-9.5%
- YTDn/a
Over the last 7 days, the Environmental and Facilities Services industry has dropped 2.6%, driven by a pullback from China Everbright Environment Group of 4.7%. Meanwhile, Kimou Environmental Holding actually outperformed within the industry, gaining 19% in the last week. The industry has fallen 9.5% in the last year. Looking forward, earnings are forecast to grow by 6.9% 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, 18 Apr 2024 | HK$55.6b | HK$97.7b | HK$6.3b | 5.5x | 8.8x | 0.6x |
| Sat, 16 Mar 2024 | HK$55.4b | HK$97.1b | HK$4.4b | 5.6x | 12.6x | 0.6x |
| Mon, 12 Feb 2024 | HK$52.3b | HK$97.3b | HK$4.4b | 5.6x | 11.9x | 0.5x |
| Wed, 10 Jan 2024 | HK$54.4b | HK$98.4b | HK$4.5b | 5.6x | 12.1x | 0.6x |
| Fri, 08 Dec 2023 | HK$53.6b | HK$98.3b | HK$4.5b | 5.4x | 11.9x | 0.5x |
| Sun, 05 Nov 2023 | HK$55.5b | HK$97.4b | HK$4.5b | 5.6x | 12.3x | 0.6x |
| Tue, 03 Oct 2023 | HK$56.8b | HK$97.3b | HK$4.5b | 6.3x | 12.5x | 0.6x |
| Thu, 31 Aug 2023 | HK$58.9b | HK$97.0b | HK$4.5b | 6.3x | 13.2x | 0.6x |
| Sat, 29 Jul 2023 | HK$62.0b | HK$105.2b | HK$4.8b | 6.7x | 13x | 0.6x |
| Mon, 26 Jun 2023 | HK$58.1b | HK$105.6b | HK$4.8b | 5.1x | 12x | 0.6x |
| Wed, 24 May 2023 | HK$60.8b | HK$106.6b | HK$5.8b | 6x | 10.4x | 0.6x |
| Fri, 21 Apr 2023 | HK$60.4b | HK$107.6b | HK$5.8b | 6.2x | 10.3x | 0.6x |
| Sun, 19 Mar 2023 | HK$61.8b | HK$121.6b | HK$9.8b | 5.5x | 6.3x | 0.5x |
| Tue, 14 Feb 2023 | HK$64.0b | HK$121.9b | HK$9.8b | 5.7x | 6.5x | 0.5x |
| Thu, 12 Jan 2023 | HK$64.8b | HK$121.2b | HK$9.8b | 5.4x | 6.6x | 0.5x |
| Sat, 10 Dec 2022 | HK$63.8b | HK$120.0b | HK$9.7b | 5.7x | 6.6x | 0.5x |
| Mon, 07 Nov 2022 | HK$55.9b | HK$119.3b | HK$9.7b | 5.7x | 5.8x | 0.5x |
| Wed, 05 Oct 2022 | HK$60.5b | HK$118.6b | HK$9.5b | 5.5x | 6.4x | 0.5x |
| Fri, 02 Sep 2022 | HK$74.4b | HK$119.7b | HK$9.5b | 6.1x | 7.8x | 0.6x |
| Sun, 31 Jul 2022 | HK$76.3b | HK$123.5b | HK$11.1b | 6.3x | 6.9x | 0.6x |
| Tue, 28 Jun 2022 | HK$77.9b | HK$123.8b | HK$11.2b | 7.3x | 7x | 0.6x |
| Thu, 26 May 2022 | HK$77.5b | HK$123.9b | HK$11.2b | 5.9x | 6.9x | 0.6x |
| Sat, 23 Apr 2022 | HK$84.1b | HK$124.8b | HK$11.4b | 6.7x | 7.4x | 0.7x |
| Mon, 21 Mar 2022 | HK$74.1b | HK$121.9b | HK$11.2b | 6.4x | 6.6x | 0.6x |
| Wed, 16 Feb 2022 | HK$83.6b | HK$122.4b | HK$11.1b | 8.5x | 7.5x | 0.7x |
| Fri, 14 Jan 2022 | HK$85.5b | HK$119.2b | HK$11.1b | 9.1x | 7.7x | 0.7x |
| Sun, 12 Dec 2021 | HK$83.3b | HK$119.2b | HK$11.1b | 8.7x | 7.5x | 0.7x |
| Tue, 09 Nov 2021 | HK$78.5b | HK$118.5b | HK$11.1b | 6.6x | 7.1x | 0.7x |
| Thu, 07 Oct 2021 | HK$91.8b | HK$118.4b | HK$10.9b | 7.5x | 8.4x | 0.8x |
| Sat, 04 Sep 2021 | HK$84.2b | HK$118.8b | HK$10.9b | 7.6x | 7.8x | 0.7x |
| Mon, 02 Aug 2021 | HK$74.3b | HK$118.8b | HK$10.9b | 7.3x | 6.8x | 0.6x |
| Thu, 06 May 2021 | HK$79.0b | HK$110.5b | HK$10.0b | 7.7x | 7.9x | 0.7x |
Price to Earnings Ratio
7.9x
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 8.8x.
- The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
- The earnings for companies in the Environmental and Facilities Services industry have declined 14% per year over the last three years,
- Revenues have also declined 4.0% 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 | -2.76% | |
| Industrials | -2.22% | |
| Commercial Services | -0.83% | |
| Environmental and Facilities Services | -2.59% | |
| Diversified Support Services | 2.81% | |
| Security and Alarm Services | 0.20% | |
| Office Services and Supplies | 0% | |
| Commercial Printing | -1.37% | |
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 | |
|---|---|---|---|---|---|
| 6805 Kimou Environmental Holding | HK$1.19 | 19.0% +HK$210.5m | 24.0% | PE13.4x | |
| 1483 Net-a-Go Technology | HK$1.15 | 2.7% +HK$23.9m | 21.1% | PS4.5x | |
| 8320 Allied Sustainability and Environmental Consultants Group | HK$0.089 | 36.9% +HK$16.5m | -4.3% | PS1.2x | |
| 556 Pan Asia Environmental Protection Group | HK$0.34 | 4.7% +HK$14.9m | -17.3% | PE211.3x | |
| 2265 Hongcheng Environmental Technology | HK$0.69 | 1.5% +HK$10.0m | 23.2% | PE36.5x |
