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Hong Kong (HSI) Highways and Railtracks Industry Analysis

UpdatedFeb 26, 2024
DataAggregated Company Financials
Companies11
  • 7D8.7%
  • 3M16.7%
  • 1Y4.7%
  • YTDn/a

Over the last 7 days, the Highways and Railtracks industry has risen 8.7%, driven by gains in Jiangsu Expressway and Zhejiang Expressway of 2.3% and 2.4%, respectively. This means that the industry has gained 4.7% over the past year. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Feb 2024HK$189.4bHK$89.5bHK$20.0b8.2x9.5x2.1x
Wed, 24 Jan 2024HK$169.6bHK$89.8bHK$20.1b7.3x8.4x1.9x
Fri, 22 Dec 2023HK$165.9bHK$90.5bHK$20.1b6.9x8.2x1.8x
Sun, 19 Nov 2023HK$149.8bHK$89.5bHK$19.9b6.8x7.5x1.7x
Tue, 17 Oct 2023HK$156.0bHK$87.6bHK$19.7b7x7.9x1.8x
Thu, 14 Sep 2023HK$153.9bHK$88.0bHK$19.8b6.9x7.8x1.7x
Sat, 12 Aug 2023HK$156.8bHK$85.3bHK$19.1b7.6x8.2x1.8x
Mon, 10 Jul 2023HK$157.4bHK$85.2bHK$19.0b7.2x8.3x1.8x
Wed, 07 Jun 2023HK$158.2bHK$86.3bHK$19.3b7.3x8.2x1.8x
Fri, 05 May 2023HK$170.9bHK$88.5bHK$19.9b7.7x8.6x1.9x
Sun, 02 Apr 2023HK$156.1bHK$85.3bHK$19.7b7.9x7.9x1.8x
Tue, 28 Feb 2023HK$155.9bHK$90.7bHK$21.1b5.3x7.4x1.7x
Thu, 26 Jan 2023HK$164.4bHK$92.3bHK$21.5b6.1x7.6x1.8x
Sat, 24 Dec 2022HK$150.0bHK$89.9bHK$21.0b5.6x7.2x1.7x
Mon, 21 Nov 2022HK$138.9bHK$88.8bHK$20.7b5.1x6.7x1.6x
Wed, 19 Oct 2022HK$130.7bHK$86.6bHK$20.2b5.2x6.5x1.5x
Fri, 16 Sep 2022HK$145.9bHK$88.9bHK$20.8b5.9x7x1.6x
Sun, 14 Aug 2022HK$150.7bHK$91.5bHK$23.9b5.1x6.3x1.6x
Tue, 12 Jul 2022HK$163.2bHK$92.3bHK$24.4b5.5x6.7x1.8x
Thu, 09 Jun 2022HK$166.3bHK$92.6bHK$24.5b5.6x6.8x1.8x
Sat, 07 May 2022HK$155.7bHK$91.6bHK$23.5b5.9x6.6x1.7x
Mon, 04 Apr 2022HK$221.7bHK$95.2bHK$26.3b5.6x8.4x2.3x
Wed, 02 Mar 2022HK$182.1bHK$97.9bHK$26.8b5.2x6.8x1.9x
Fri, 28 Jan 2022HK$174.9bHK$94.5bHK$27.4b5.1x6.4x1.9x
Sun, 26 Dec 2021HK$171.1bHK$94.1bHK$27.3b5.2x6.3x1.8x
Tue, 23 Nov 2021HK$170.9bHK$93.8bHK$27.2b5.3x6.3x1.8x
Thu, 21 Oct 2021HK$171.7bHK$91.6bHK$27.3b4.9x6.3x1.9x
Sat, 18 Sep 2021HK$167.2bHK$90.9bHK$27.0b5.1x6.2x1.8x
Mon, 16 Aug 2021HK$166.8bHK$90.7bHK$27.0b5.6x6.2x1.8x
Mon, 31 May 2021HK$183.8bHK$81.2bHK$22.6b7.2x8.1x2.3x
Thu, 04 Mar 2021HK$179.7bHK$71.1bHK$17.0b10.2x10.6x2.5x
Price to Earnings Ratio

10.6x


Total Market Cap: HK$179.7bTotal Earnings: HK$17.0bTotal Revenue: HK$71.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Highways and Railtracks Industry Price to Earnings3Y Average 7.4x202220232024
Current Industry PE
  • Investors are optimistic on the Hong Kong Highways and Railtracks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9.5x which is higher than its 3-year average PE of 7.4x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Highways and Railtracks industry have grown 5.6% per year over the last three years.
  • Revenues for these companies have grown 8.0% 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 Highways and Railtracks compare with similar industries?

HK Market4.19%
Industrials3.82%
Infrastructure6.16%
Highways and Railtracks8.66%
Marine Ports and Services4.00%
Airport Services0.48%
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?

CompanyLast Price7D1YValuation
177 Jiangsu ExpresswayHK$8.062.3%
+HK$906.8m
8.3%PE8x
576 Zhejiang ExpresswayHK$5.982.4%
+HK$839.1m
-5.1%PE5.1x
152 Shenzhen International HoldingsHK$6.464.5%
+HK$670.1m
-6.0%PE20.2x
548 Shenzhen ExpresswayHK$6.613.6%
+HK$501.6m
-6.2%PE8.6x
107 Sichuan ExpresswayHK$2.614.8%
+HK$367.0m
38.1%PE5.7x
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