If EPS Growth Is Important To You, Grand T G Gold Holdings (HKG:8299) Presents An Opportunity
Jun 28
Hong Kong (HSI) Gold Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies7
- 7D-7.5%
- 3M-6.1%
- 1Y17.5%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 11%, driven by declines from every company within the industry. In the past year, the industry has gained 21%. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Hong Kong Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | HK$516.5b | HK$338.2b | HK$25.0b | 17.9x | 20.7x | 1.5x |
| Sat, 22 Jun 2024 | HK$532.6b | HK$338.1b | HK$25.0b | 18.4x | 21.3x | 1.6x |
| Mon, 20 May 2024 | HK$583.1b | HK$339.9b | HK$25.1b | 22.5x | 23.2x | 1.7x |
| Wed, 17 Apr 2024 | HK$564.8b | HK$340.7b | HK$24.2b | 22.8x | 23.3x | 1.7x |
| Fri, 15 Mar 2024 | HK$471.1b | HK$341.8b | HK$22.1b | 31.5x | 21.3x | 1.4x |
| Sun, 11 Feb 2024 | HK$377.0b | HK$343.3b | HK$22.2b | 24.8x | 17x | 1.1x |
| Tue, 09 Jan 2024 | HK$383.6b | HK$344.0b | HK$19.2b | 27.1x | 20x | 1.1x |
| Thu, 07 Dec 2023 | HK$378.5b | HK$343.6b | HK$19.1b | 37.3x | 19.8x | 1.1x |
| Sat, 04 Nov 2023 | HK$373.0b | HK$337.1b | HK$18.7b | 32.1x | 20x | 1.1x |
| Mon, 02 Oct 2023 | HK$377.4b | HK$334.0b | HK$16.7b | 21.8x | 22.6x | 1.1x |
| Wed, 30 Aug 2023 | HK$376.0b | HK$333.0b | HK$16.8b | 23.4x | 22.4x | 1.1x |
| Fri, 28 Jul 2023 | HK$408.9b | HK$329.0b | HK$18.9b | 20.8x | 21.6x | 1.2x |
| Sun, 25 Jun 2023 | HK$366.0b | HK$328.7b | HK$18.9b | 14.7x | 19.3x | 1.1x |
| Tue, 23 May 2023 | HK$338.6b | HK$335.4b | HK$19.4b | 18x | 17.5x | 1x |
| Thu, 20 Apr 2023 | HK$456.5b | HK$331.4b | HK$20.7b | 16.5x | 22.1x | 1.4x |
| Sat, 18 Mar 2023 | HK$373.4b | HK$315.2b | HK$21.5b | 13.4x | 17.4x | 1.2x |
| Mon, 13 Feb 2023 | HK$365.3b | HK$318.9b | HK$21.8b | 13.1x | 16.8x | 1.1x |
| Wed, 11 Jan 2023 | HK$376.4b | HK$318.6b | HK$21.7b | 12.4x | 17.3x | 1.2x |
| Fri, 09 Dec 2022 | HK$330.3b | HK$309.0b | HK$21.0b | 12.1x | 15.7x | 1.1x |
| Sun, 06 Nov 2022 | HK$257.9b | HK$297.6b | HK$20.1b | 9.7x | 12.8x | 0.9x |
| Tue, 04 Oct 2022 | HK$244.5b | HK$291.0b | HK$21.2b | 9.7x | 11.5x | 0.8x |
| Thu, 01 Sep 2022 | HK$283.7b | HK$299.4b | HK$21.9b | 10.1x | 12.9x | 0.9x |
| Sat, 30 Jul 2022 | HK$296.1b | HK$299.0b | HK$19.6b | 12.6x | 15.1x | 1x |
| Mon, 27 Jun 2022 | HK$303.8b | HK$301.6b | HK$19.2b | 15.2x | 15.8x | 1x |
| Wed, 25 May 2022 | HK$320.8b | HK$303.5b | HK$19.4b | 18.3x | 16.6x | 1.1x |
| Fri, 22 Apr 2022 | HK$366.3b | HK$313.6b | HK$20.1b | 19.5x | 18.2x | 1.2x |
| Sun, 20 Mar 2022 | HK$362.6b | HK$276.6b | HK$13.3b | 20.5x | 27.3x | 1.3x |
| Tue, 15 Feb 2022 | HK$373.5b | HK$274.2b | HK$16.2b | 19x | 23.1x | 1.4x |
| Thu, 13 Jan 2022 | HK$332.6b | HK$273.3b | HK$16.1b | 14x | 20.6x | 1.2x |
| Sat, 11 Dec 2021 | HK$342.8b | HK$273.1b | HK$16.1b | 14.8x | 21.3x | 1.3x |
| Mon, 08 Nov 2021 | HK$335.5b | HK$273.3b | HK$13.1b | 13.2x | 25.6x | 1.2x |
| Wed, 06 Oct 2021 | HK$325.7b | HK$258.1b | HK$10.5b | 15.3x | 31x | 1.3x |
| Fri, 03 Sep 2021 | HK$362.0b | HK$256.9b | HK$10.4b | 18.8x | 34.9x | 1.4x |
| Sun, 01 Aug 2021 | HK$344.1b | HK$256.9b | HK$10.4b | 16.3x | 33.2x | 1.3x |
Price to Earnings Ratio
33.2x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Gold industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.3x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 34% per year over the last three years.
- Revenues for these companies have grown 9.6% 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 Gold compare with similar industries?
| HK Market | -1.61% | |
| Materials | -6.73% | |
| Metals and Mining | -7.58% | |
| Gold | -7.50% | |
| Precious Metals and Minerals | 0% | |
| Steel | -3.84% | |
| Aluminum | -5.48% | |
| Copper | -7.69% | |
| Silver | -7.81% | |
| Diversified Metals and Mining | -11.32% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||
