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Hong Kong (HSI) Highways and Railtracks Industry Analysis
UpdatedAug 13, 2022
DataAggregated Company Financials
Companies11
- 7D-0.4%
- 3M-10.8%
- 1Y-11.3%
- YTD-12.0%
Over the last 7 days, the Highways and Railtracks industry has remained flat, although notably Yuexiu Transport Infrastructure declined by 7.7%. As for the longer term, the industry has declined 12% in the last year. As for the next few years, earnings are expected to grow by 9.1% 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, 13 Aug 2022 | HK$150.7b | HK$91.6b | HK$23.9b | 5.1x | 6.3x | 1.6x |
| Mon, 11 Jul 2022 | HK$164.4b | HK$92.3b | HK$24.4b | 5.6x | 6.7x | 1.8x |
| Wed, 08 Jun 2022 | HK$166.3b | HK$92.6b | HK$24.5b | 5.6x | 6.8x | 1.8x |
| Fri, 06 May 2022 | HK$158.6b | HK$92.2b | HK$23.7b | 6x | 6.7x | 1.7x |
| Sun, 03 Apr 2022 | HK$221.7b | HK$96.0b | HK$26.3b | 5.6x | 8.4x | 2.3x |
| Tue, 01 Mar 2022 | HK$180.9b | HK$97.9b | HK$26.8b | 5.2x | 6.8x | 1.8x |
| Thu, 27 Jan 2022 | HK$175.4b | HK$94.4b | HK$27.4b | 5.2x | 6.4x | 1.9x |
| Sat, 25 Dec 2021 | HK$171.1b | HK$94.0b | HK$27.3b | 5.2x | 6.3x | 1.8x |
| Mon, 22 Nov 2021 | HK$171.4b | HK$93.8b | HK$27.2b | 5.2x | 6.3x | 1.8x |
| Wed, 20 Oct 2021 | HK$172.1b | HK$91.1b | HK$27.1b | 5x | 6.3x | 1.9x |
| Fri, 17 Sep 2021 | HK$170.3b | HK$91.1b | HK$27.1b | 5x | 6.3x | 1.9x |
| Sun, 15 Aug 2021 | HK$166.4b | HK$90.7b | HK$27.0b | 5.4x | 6.2x | 1.8x |
| Thu, 10 Jun 2021 | HK$183.8b | HK$81.2b | HK$22.6b | 7.2x | 8.1x | 2.3x |
| Wed, 03 Mar 2021 | HK$179.7b | HK$71.1b | HK$17.0b | 10.2x | 10.6x | 2.5x |
| Sat, 05 Dec 2020 | HK$170.5b | HK$63.1b | HK$14.1b | 12.6x | 12.1x | 2.7x |
| Tue, 08 Sep 2020 | HK$162.7b | HK$57.7b | HK$13.6b | 17.4x | 12x | 2.8x |
| Mon, 01 Jun 2020 | HK$166.3b | HK$60.6b | HK$17.2b | 10.1x | 9.7x | 2.7x |
| Thu, 05 Mar 2020 | HK$179.6b | HK$67.7b | HK$22.3b | 7.8x | 8x | 2.7x |
| Sun, 08 Dec 2019 | HK$200.6b | HK$61.7b | HK$23.6b | 7.7x | 8.5x | 3.3x |
| Sat, 31 Aug 2019 | HK$186.6b | HK$59.3b | HK$23.4b | 7.2x | 8x | 3.1x |
Price to Earnings Ratio
8x
Current Industry PE
- Investors are pessimistic on the Hong Kong Highways and Railtracks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.2x which is lower than its 3-year average PE of 8.6x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Highways and Railtracks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 16% 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 and as a result, profits have held steady.
Industry Comparison
How does Hong Kong Highways and Railtracks compare with similar industries?
| HK Market | 0.30% | |
| Industrials | 0.39% | |
| Infrastructure | -0.12% | |
| Highways and Railtracks | -0.44% | |
| Airport Services | 3.51% | |
| Marine Ports and Services | -0.48% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 177 Jiangsu Expressway | HK$6.85 | 0.3% +HK$100.8m | -16.0% | PE7.7x | |
| 1785 Chengdu Expressway | HK$1.90 | 1.6% +HK$49.7m | -13.2% | PE4.4x | |
| 548 Shenzhen Expressway | HK$7.17 | 0.1% +HK$21.8m | -2.7% | PE5.4x | |
| 1576 Qilu Expressway | HK$2.13 | 0.5% +HK$20.0m | -0.9% | PE4.3x |
