Hong Kong (HSI) Highways and Railtracks Industry Analysis

UpdatedFeb 21, 2026

DataAggregated Company Financials

Companies10

7D-3.4%
3M0.1%
1Y20.2%
YTDn/a

Over the last 7 days, the Highways and Railtracks industry has remained flat, although notably Zhejiang Expressway declined by 4.5%. As for the the longer term, the industry is up 24% over the past 12 months. As for the next few years, earnings are expected to grow by 6.2% per annum.

Industry Valuation and Performance

Has the Hong Kong Highways and Railtracks Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 21 Feb 2026	HK$193.2b	HK$100.0b	HK$19.9b	9x	9.7x	1.9x
Mon, 19 Jan 2026	HK$184.7b	HK$99.1b	HK$19.7b	8.5x	9.4x	1.9x
Wed, 17 Dec 2025	HK$190.3b	HK$98.0b	HK$19.5b	9.1x	9.8x	1.9x
Fri, 14 Nov 2025	HK$202.7b	HK$97.3b	HK$19.3b	9.2x	10.5x	2.1x
Sun, 12 Oct 2025	HK$189.7b	HK$96.6b	HK$19.3b	8.2x	9.8x	2x
Tue, 09 Sep 2025	HK$218.3b	HK$105.0b	HK$21.2b	8.7x	10.3x	2.1x
Thu, 07 Aug 2025	HK$226.3b	HK$109.9b	HK$21.4b	8.9x	10.6x	2.1x
Sat, 05 Jul 2025	HK$232.4b	HK$110.2b	HK$21.5b	8.9x	10.8x	2.1x
Mon, 02 Jun 2025	HK$229.5b	HK$109.6b	HK$21.4b	8.8x	10.7x	2.1x
Wed, 30 Apr 2025	HK$220.9b	HK$107.7b	HK$20.8b	8.4x	10.6x	2x
Fri, 28 Mar 2025	HK$209.6b	HK$106.7b	HK$20.5b	8.6x	10.2x	2x
Sun, 23 Feb 2025	HK$205.1b	HK$103.2b	HK$20.8b	8.9x	9.9x	2x
Tue, 21 Jan 2025	HK$206.0b	HK$102.7b	HK$20.7b	8.7x	10x	2x
Thu, 19 Dec 2024	HK$202.4b	HK$102.9b	HK$20.7b	8.6x	9.8x	2x
Sat, 16 Nov 2024	HK$190.8b	HK$103.7b	HK$20.9b	8x	9.1x	1.8x
Mon, 14 Oct 2024	HK$194.4b	HK$106.3b	HK$21.4b	8.6x	9.1x	1.8x
Wed, 11 Sep 2024	HK$188.2b	HK$106.0b	HK$21.3b	7.9x	8.8x	1.8x
Fri, 09 Aug 2024	HK$190.0b	HK$101.4b	HK$20.4b	7.9x	9.3x	1.9x
Sun, 07 Jul 2024	HK$192.1b	HK$100.6b	HK$20.3b	8.3x	9.5x	1.9x
Tue, 04 Jun 2024	HK$186.0b	HK$101.0b	HK$20.4b	8.4x	9.1x	1.8x
Thu, 02 May 2024	HK$178.0b	HK$101.0b	HK$20.4b	7.9x	8.7x	1.8x
Sat, 30 Mar 2024	HK$178.2b	HK$99.9b	HK$20.5b	7.3x	8.7x	1.8x
Mon, 26 Feb 2024	HK$189.4b	HK$89.5b	HK$20.0b	8.2x	9.5x	2.1x
Wed, 24 Jan 2024	HK$169.6b	HK$89.8b	HK$20.1b	7.3x	8.4x	1.9x
Fri, 22 Dec 2023	HK$165.9b	HK$90.5b	HK$20.1b	6.9x	8.2x	1.8x
Sun, 19 Nov 2023	HK$149.8b	HK$89.5b	HK$19.9b	6.8x	7.5x	1.7x
Tue, 17 Oct 2023	HK$156.0b	HK$87.6b	HK$19.7b	7x	7.9x	1.8x
Thu, 14 Sep 2023	HK$153.9b	HK$88.0b	HK$19.8b	6.9x	7.8x	1.7x
Sat, 12 Aug 2023	HK$156.8b	HK$85.3b	HK$19.1b	7.6x	8.2x	1.8x
Mon, 10 Jul 2023	HK$157.4b	HK$85.2b	HK$19.0b	7.2x	8.3x	1.8x
Wed, 07 Jun 2023	HK$158.2b	HK$86.3b	HK$19.3b	7.3x	8.2x	1.8x
Fri, 05 May 2023	HK$170.9b	HK$88.5b	HK$19.9b	7.7x	8.6x	1.9x
Sun, 02 Apr 2023	HK$156.1b	HK$85.3b	HK$19.7b	7.9x	7.9x	1.8x
Tue, 28 Feb 2023	HK$155.9b	HK$90.7b	HK$21.1b	5.3x	7.4x	1.7x

Price to Earnings Ratio

7.4x

Tue, 28 Feb 2023

Current Industry PE

Investors are relatively neutral on the Hong Kong Highways and Railtracks 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 9.2x.

The industry is trading close to its 3-year average PS ratio of 1.9x.

Past Earnings Growth

The earnings for companies in the Highways and Railtracks industry have declined 2.0% per year over the last three years.
Meanwhile revenues for these companies have grown 3.3% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.