Narrative Update • May 13

Last week, the Trade Distributors industry hasn't moved much but Realord Group Holdings is up 8.2% in that time. The past year has been better, since the industry has gained 7.3% in that time. Earnings are forecast to grow by 11% annually.
Has the Hong Kong Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | HK$192.3b | HK$494.3b | HK$13.3b | 11.2x | 14.4x | 0.4x |
| Fri, 24 Apr 2026 | HK$198.7b | HK$491.4b | HK$13.4b | 11.4x | 14.9x | 0.4x |
| Sun, 22 Mar 2026 | HK$193.6b | HK$523.4b | HK$13.4b | 11.1x | 14.5x | 0.4x |
| Tue, 17 Feb 2026 | HK$204.3b | HK$520.1b | HK$10.2b | 12.3x | 19.9x | 0.4x |
| Thu, 15 Jan 2026 | HK$201.4b | HK$515.8b | HK$10.2b | 10.9x | 19.8x | 0.4x |
| Sat, 13 Dec 2025 | HK$190.3b | HK$511.1b | HK$10.2b | 10.7x | 18.7x | 0.4x |
| Mon, 10 Nov 2025 | HK$155.0b | HK$483.6b | HK$9.1b | 10.5x | 17.1x | 0.3x |
| Wed, 08 Oct 2025 | HK$158.2b | HK$484.8b | HK$9.0b | 11.7x | 17.5x | 0.3x |
| Fri, 05 Sep 2025 | HK$151.9b | HK$484.7b | HK$7.9b | 10.4x | 19.1x | 0.3x |
| Sun, 03 Aug 2025 | HK$145.9b | HK$484.7b | HK$10.0b | 11.7x | 14.6x | 0.3x |
| Tue, 01 Jul 2025 | HK$136.8b | HK$487.5b | HK$9.6b | 11.1x | 14.3x | 0.3x |
| Thu, 29 May 2025 | HK$135.3b | HK$486.3b | HK$9.2b | 11.5x | 14.7x | 0.3x |
| Sat, 26 Apr 2025 | HK$121.4b | HK$478.1b | HK$9.0b | 12.1x | 13.4x | 0.3x |
| Mon, 24 Mar 2025 | HK$133.8b | HK$498.4b | HK$7.1b | 11.6x | 18.7x | 0.3x |
| Wed, 19 Feb 2025 | HK$129.9b | HK$497.6b | HK$9.2b | 10x | 14.1x | 0.3x |
| Fri, 17 Jan 2025 | HK$129.4b | HK$496.0b | HK$9.2b | 10.7x | 14x | 0.3x |
| Sun, 15 Dec 2024 | HK$137.0b | HK$497.7b | HK$9.2b | 10.8x | 14.8x | 0.3x |
| Tue, 12 Nov 2024 | HK$141.7b | HK$500.3b | HK$9.9b | 10.7x | 14.3x | 0.3x |
| Thu, 10 Oct 2024 | HK$138.9b | HK$502.0b | HK$9.2b | 10.5x | 15x | 0.3x |
| Sat, 07 Sep 2024 | HK$134.6b | HK$502.2b | HK$9.4b | 9.3x | 14.3x | 0.3x |
| Mon, 05 Aug 2024 | HK$145.4b | HK$490.4b | HK$9.8b | 9.2x | 14.8x | 0.3x |
| Wed, 03 Jul 2024 | HK$141.3b | HK$486.3b | HK$9.8b | 13.1x | 14.4x | 0.3x |
| Fri, 31 May 2024 | HK$151.9b | HK$480.2b | HK$10.7b | 12.2x | 14.2x | 0.3x |
| Sun, 28 Apr 2024 | HK$148.6b | HK$441.5b | HK$10.6b | 12.1x | 14x | 0.3x |
| Tue, 26 Mar 2024 | HK$146.5b | HK$423.4b | HK$7.4b | 8x | 19.8x | 0.3x |
| Thu, 22 Feb 2024 | HK$144.6b | HK$419.4b | HK$5.6b | 9.1x | 25.7x | 0.3x |
| Sat, 20 Jan 2024 | HK$144.6b | HK$474.6b | HK$5.8b | 8.4x | 25x | 0.3x |
| Mon, 18 Dec 2023 | HK$157.4b | HK$473.9b | HK$5.8b | 6.9x | 27.3x | 0.3x |
| Wed, 15 Nov 2023 | HK$150.4b | HK$467.3b | HK$5.0b | 7.5x | 29.9x | 0.3x |
| Fri, 13 Oct 2023 | HK$148.9b | HK$468.5b | HK$6.0b | 8.2x | 24.6x | 0.3x |
| Sun, 10 Sep 2023 | HK$151.9b | HK$467.5b | HK$6.3b | 8.5x | 24x | 0.3x |
| Tue, 08 Aug 2023 | HK$154.4b | HK$451.4b | HK$2.7b | 9.7x | 58.1x | 0.3x |
| Thu, 06 Jul 2023 | HK$158.3b | HK$455.9b | HK$4.0b | 9.8x | 39.7x | 0.3x |
| Sat, 03 Jun 2023 | HK$156.3b | HK$462.1b | HK$3.3b | 7.9x | 47.1x | 0.3x |
47.1x
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -1.03% | |
| Industrials | 0.34% | |
| Trade Distributors | -0.096% | |
| Trade Companies and Distributors | -0.096% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1196 Realord Group Holdings | HK$11.37 | 8.2% +HK$1.2b | 59.2% | PS29.5x | |
| 990 Deep Source Holdings | HK$0.78 | 8.3% +HK$888.1m | 77.3% | PE16x | |
| 2588 BOC Aviation | HK$78.85 | 1.2% +HK$624.6m | 23.8% | PE8.9x | |
| 1104 APAC Resources | HK$2.31 | 3.6% +HK$119.5m | 92.5% | PE1.4x | |
| 8269 Go Up Education Technology | HK$0.47 | 21.8% +HK$75.7m | 375.0% | PS11.4x |