Omnibridge Holdings Limited (HKG:8462) Might Not Be As Mispriced As It Looks After Plunging 27%
Nov 19
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Hong Kong (HSI) Professional Services Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies18
- 7D9.3%
- 3M55.3%
- 1Y43.8%
- YTD48.5%
In the last week, the Professional Services industry is up 11%, with Jinhai Medical Technology up 11%. During this same period, the UTS Marketing Solutions Holdings underperformed, falling 13%. In the last 12 months, the industry was up 45%. Earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Hong Kong Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$17.7b | HK$14.4b | -HK$29,228,177.49 | 11.8x | -607.3x | 1.2x |
| Sat, 19 Oct 2024 | HK$13.6b | HK$14.7b | -HK$8,117,488.39 | 10.9x | -1675.3x | 0.9x |
| Mon, 16 Sep 2024 | HK$12.8b | HK$14.8b | HK$10.1m | 12.4x | 1268.4x | 0.9x |
| Wed, 14 Aug 2024 | HK$11.9b | HK$13.8b | HK$55.6m | 8.5x | 214.4x | 0.9x |
| Fri, 12 Jul 2024 | HK$12.9b | HK$13.7b | HK$54.2m | 8.7x | 236.9x | 0.9x |
| Sun, 09 Jun 2024 | HK$14.2b | HK$13.7b | HK$46.9m | 8.3x | 303.4x | 1x |
| Tue, 07 May 2024 | HK$15.9b | HK$13.7b | HK$49.4m | 7.9x | 321.4x | 1.2x |
| Thu, 04 Apr 2024 | HK$13.7b | HK$13.7b | HK$44.8m | 7.8x | 304.9x | 1x |
| Sat, 02 Mar 2024 | HK$13.7b | HK$13.0b | HK$217.5m | 9.5x | 63.1x | 1.1x |
| Mon, 29 Jan 2024 | HK$11.9b | HK$13.1b | HK$211.0m | 9.4x | 56.3x | 0.9x |
| Wed, 27 Dec 2023 | HK$11.5b | HK$13.1b | HK$211.3m | 9.5x | 54.2x | 0.9x |
| Fri, 24 Nov 2023 | HK$11.9b | HK$13.1b | HK$210.7m | 9.4x | 56.6x | 0.9x |
| Sun, 22 Oct 2023 | HK$12.1b | HK$12.9b | HK$209.8m | 15.8x | 57.6x | 0.9x |
| Tue, 19 Sep 2023 | HK$11.4b | HK$12.5b | HK$175.0m | 16x | 65x | 0.9x |
| Thu, 17 Aug 2023 | HK$12.0b | HK$11.9b | HK$112.5m | 15.8x | 106.3x | 1x |
| Sat, 15 Jul 2023 | HK$10.7b | HK$12.2b | HK$119.4m | 15.1x | 89.3x | 0.9x |
| Mon, 12 Jun 2023 | HK$12.3b | HK$12.2b | HK$102.6m | 13.2x | 119.5x | 1x |
| Wed, 10 May 2023 | HK$12.5b | HK$12.9b | HK$141.6m | 13.9x | 88.5x | 1x |
| Fri, 07 Apr 2023 | HK$13.1b | HK$13.0b | HK$138.8m | 12.6x | 94.4x | 1x |
| Sun, 05 Mar 2023 | HK$7.9b | HK$12.6b | HK$3.7m | 35.6x | 2120.5x | 0.6x |
| Tue, 31 Jan 2023 | HK$8.0b | HK$12.8b | HK$8.6m | 37.4x | 930.3x | 0.6x |
| Thu, 29 Dec 2022 | HK$8.0b | HK$12.4b | HK$4.8m | 37.7x | 1669.5x | 0.7x |
| Sat, 26 Nov 2022 | HK$7.8b | HK$12.1b | HK$429.9k | 35.9x | 18194.9x | 0.6x |
| Mon, 24 Oct 2022 | HK$7.4b | HK$12.0b | HK$10.8m | 50.1x | 682.9x | 0.6x |
| Wed, 21 Sep 2022 | HK$8.2b | HK$12.3b | HK$15.3m | 62.7x | 531.5x | 0.7x |
| Fri, 19 Aug 2022 | HK$9.1b | HK$12.8b | HK$220.6m | 7.5x | 41.4x | 0.7x |
| Sun, 17 Jul 2022 | HK$9.2b | HK$12.8b | HK$221.4m | 8x | 41.6x | 0.7x |
| Tue, 14 Jun 2022 | HK$9.2b | HK$12.9b | HK$206.9m | 8.6x | 44.4x | 0.7x |
| Thu, 12 May 2022 | HK$7.8b | HK$12.5b | HK$139.8m | 9.7x | 55.6x | 0.6x |
| Sat, 09 Apr 2022 | HK$8.5b | HK$13.1b | HK$155.2m | 9.8x | 55x | 0.7x |
| Mon, 07 Mar 2022 | HK$8.0b | HK$11.2b | HK$241.7m | 14.9x | 33.2x | 0.7x |
| Wed, 02 Feb 2022 | HK$8.1b | HK$11.1b | HK$238.8m | 18.9x | 33.9x | 0.7x |
| Fri, 31 Dec 2021 | HK$7.8b | HK$11.1b | HK$238.3m | 19.3x | 32.7x | 0.7x |
| Sun, 28 Nov 2021 | HK$8.0b | HK$11.1b | HK$238.1m | 19.1x | 33.5x | 0.7x |
Price to Earnings Ratio
33.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Professional Services industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 0.84x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Professional Services industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 9.1% 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 Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 0.42% | |
| Industrials | 0.40% | |
| Professional Services | 9.29% | |
| HR Services | 9.32% | |
| Research and Consulting Services | 1.83% | |
Industry PE
- Investors are most optimistic about the HR Services industry which is trading above its 3-year average PE ratio of 34.4x.
- Analysts are expecting annual earnings growth of 30.1%, which is higher than its past year's earnings growth of 14.8% per year.
Forecasted Growth
- Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the HR Services industry is expected to see its earnings grow by 30% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2225 Jinhai Medical Technology | HK$9.05 | 8.3% +HK$891.8m | 302.2% | PS33.9x | |
| 6919 Renrui Human Resources Technology Holdings | HK$4.50 | 5.9% +HK$37.6m | -2.4% | PE11.9x | |
| 8619 King Of Catering (Global) Holdings | HK$0.055 | 37.5% +HK$20.7m | -61.0% | PE20.4x | |
| 2440 Howkingtech International Holding | HK$0.90 | 11.1% +HK$19.3m | -40.0% | PS0.6x | |
| 8072 Roma (meta) Group | HK$0.34 | 28.8% +HK$12.6m | -59.1% | PS0.9x |
