Techtronic Industries Company Limited's (HKG:669) Price Is Out Of Tune With Earnings
Jan 20
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Hong Kong (HSI) Industrial Machinery Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies37
- 7D7.4%
- 3M-12.7%
- 1Y17.4%
- YTDn/a
The Industrial Machinery industry is up 5.9% in the last week, with Techtronic Industries up 6.3%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Hong Kong Industrial Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Jan 2025 | HK$321.9b | HK$206.2b | HK$14.3b | 7.2x | 22.6x | 1.6x |
| Fri, 20 Dec 2024 | HK$319.0b | HK$205.0b | HK$14.2b | 7.4x | 22.5x | 1.6x |
| Sun, 17 Nov 2024 | HK$314.6b | HK$205.3b | HK$14.4b | 6.8x | 21.8x | 1.5x |
| Tue, 15 Oct 2024 | HK$341.0b | HK$205.8b | HK$14.3b | 7.5x | 23.8x | 1.7x |
| Thu, 12 Sep 2024 | HK$298.6b | HK$206.2b | HK$14.3b | 6.4x | 20.9x | 1.4x |
| Sat, 10 Aug 2024 | HK$297.6b | HK$202.1b | HK$14.0b | 7.3x | 21.2x | 1.5x |
| Mon, 08 Jul 2024 | HK$302.4b | HK$197.5b | HK$13.4b | 8.7x | 22.6x | 1.5x |
| Wed, 05 Jun 2024 | HK$339.6b | HK$200.1b | HK$13.5b | 8.5x | 25.1x | 1.7x |
| Fri, 03 May 2024 | HK$305.3b | HK$200.1b | HK$13.5b | 7.6x | 22.6x | 1.5x |
| Sun, 31 Mar 2024 | HK$376.5b | HK$200.4b | HK$13.5b | 7.9x | 27.8x | 1.9x |
| Tue, 27 Feb 2024 | HK$276.1b | HK$192.7b | HK$13.6b | 8.5x | 20.3x | 1.4x |
| Thu, 25 Jan 2024 | HK$277.8b | HK$193.6b | HK$13.7b | 8.5x | 20.3x | 1.4x |
| Sat, 23 Dec 2023 | HK$249.7b | HK$192.0b | HK$14.7b | 8.4x | 17x | 1.3x |
| Mon, 20 Nov 2023 | HK$235.7b | HK$191.5b | HK$14.7b | 8.5x | 16x | 1.2x |
| Wed, 18 Oct 2023 | HK$220.6b | HK$192.1b | HK$14.8b | 7.5x | 14.9x | 1.1x |
| Fri, 15 Sep 2023 | HK$222.2b | HK$192.1b | HK$14.5b | 8.3x | 15.3x | 1.2x |
| Sun, 13 Aug 2023 | HK$240.8b | HK$193.3b | HK$14.6b | 8.1x | 16.5x | 1.2x |
| Tue, 11 Jul 2023 | HK$237.5b | HK$194.6b | HK$15.6b | 8.1x | 15.2x | 1.2x |
| Thu, 08 Jun 2023 | HK$222.4b | HK$195.8b | HK$15.8b | 9.3x | 14.1x | 1.1x |
| Sat, 06 May 2023 | HK$251.5b | HK$197.5b | HK$16.0b | 9.7x | 15.7x | 1.3x |
| Mon, 03 Apr 2023 | HK$257.3b | HK$198.5b | HK$16.0b | 9.3x | 16.1x | 1.3x |
| Wed, 01 Mar 2023 | HK$248.8b | HK$207.4b | HK$17.2b | 10.1x | 14.5x | 1.2x |
| Fri, 27 Jan 2023 | HK$293.0b | HK$209.3b | HK$17.4b | 10.7x | 16.9x | 1.4x |
| Sun, 25 Dec 2022 | HK$256.2b | HK$206.0b | HK$17.1b | 9.4x | 15x | 1.2x |
| Tue, 22 Nov 2022 | HK$260.9b | HK$205.4b | HK$17.1b | 10x | 15.3x | 1.3x |
| Thu, 20 Oct 2022 | HK$227.8b | HK$205.5b | HK$17.1b | 9.1x | 13.3x | 1.1x |
| Sat, 17 Sep 2022 | HK$269.3b | HK$207.2b | HK$17.3b | 10.2x | 15.5x | 1.3x |
| Mon, 15 Aug 2022 | HK$282.2b | HK$208.3b | HK$18.2b | 9.5x | 15.5x | 1.4x |
| Wed, 13 Jul 2022 | HK$263.0b | HK$203.3b | HK$17.7b | 9.7x | 14.9x | 1.3x |
| Fri, 10 Jun 2022 | HK$299.3b | HK$203.2b | HK$17.7b | 10.5x | 17x | 1.5x |
| Sun, 08 May 2022 | HK$276.5b | HK$203.4b | HK$17.7b | 9.4x | 15.7x | 1.4x |
| Tue, 05 Apr 2022 | HK$343.9b | HK$205.8b | HK$17.9b | 9.7x | 19.2x | 1.7x |
| Thu, 03 Mar 2022 | HK$344.4b | HK$185.1b | HK$16.3b | 11.2x | 21.1x | 1.9x |
| Sat, 29 Jan 2022 | HK$342.9b | HK$184.2b | HK$16.3b | 11x | 21x | 1.9x |
Price to Earnings Ratio
21x
Current Industry PE
- Investors are optimistic on the Hong Kong Industrial Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.5x which is higher than its 3-year average PE of 18.5x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Industrial Machinery industry have declined 4.5% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.8% 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.
Industry Comparison
How does Hong Kong Industrial Machinery compare with similar industries?
| HK Market | 3.38% | |
| Industrials | 3.01% | |
| Machinery | 5.93% | |
| Industrial Machinery | 7.42% | |
| Construction Machinery and Vehicles | 4.61% | |
| Agricultural Machinery | 2.87% | |
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 | |
|---|---|---|---|---|---|
| 669 Techtronic Industries | HK$106.20 | 9.2% +HK$16.4b | 20.3% | PE23.8x | |
| 9880 Ubtech Robotics | HK$60.55 | 27.2% +HK$5.6b | -29.3% | PS19.1x | |
| 2582 Jiangsu Guofu Hydrogen Energy Equipment | HK$137.80 | 14.9% +HK$1.9b | n/a | PS25.8x | |
| 2432 Shenzhen Dobot | HK$21.00 | 5.5% +HK$440.0m | n/a | PS26.4x | |
| 2155 Morimatsu International Holdings | HK$4.66 | 6.4% +HK$341.5m | 9.6% | PE6.7x |
