Improved Revenues Required Before Teamway International Group Holdings Limited (HKG:1239) Stock's 123% Jump Looks Justified
Jul 19
Hong Kong (HSI) Packaging Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies20
- 7D-0.4%
- 3M2.4%
- 1Y6.7%
- YTD-8.4%
Last week, the Packaging industry hasn't moved much but China Aluminum Cans Holdings is up 6.3% in that time. The past year has been better, since the industry has gained 6.7% in that time. As for the next few years, earnings are expected to grow by 5.8% per annum.
Industry Valuation and Performance
Has the Hong Kong Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | HK$22.2b | HK$37.1b | HK$1.5b | 11.5x | 14.8x | 0.6x |
| Sun, 23 Jun 2024 | HK$22.4b | HK$36.9b | HK$1.4b | 15.4x | 16x | 0.6x |
| Tue, 21 May 2024 | HK$22.3b | HK$37.0b | HK$1.4b | 14.8x | 15.8x | 0.6x |
| Thu, 18 Apr 2024 | HK$21.7b | HK$37.1b | HK$1.4b | 14.7x | 15.3x | 0.6x |
| Sat, 16 Mar 2024 | HK$22.1b | HK$39.2b | HK$945.8m | 14.8x | 23.4x | 0.6x |
| Mon, 12 Feb 2024 | HK$22.3b | HK$39.4b | HK$944.6m | 16.6x | 23.6x | 0.6x |
| Wed, 10 Jan 2024 | HK$24.5b | HK$39.5b | HK$947.7m | 19.6x | 25.9x | 0.6x |
| Fri, 08 Dec 2023 | HK$24.7b | HK$39.4b | HK$946.2m | 18.3x | 26.1x | 0.6x |
| Sun, 05 Nov 2023 | HK$24.8b | HK$38.9b | HK$922.3m | 14.8x | 26.9x | 0.6x |
| Tue, 03 Oct 2023 | HK$24.3b | HK$39.0b | HK$924.2m | 15.5x | 26.3x | 0.6x |
| Thu, 31 Aug 2023 | HK$23.4b | HK$39.0b | HK$870.1m | 15.4x | 26.9x | 0.6x |
| Sat, 29 Jul 2023 | HK$22.0b | HK$40.5b | HK$817.5m | 14.1x | 26.9x | 0.5x |
| Mon, 26 Jun 2023 | HK$20.6b | HK$40.9b | HK$739.1m | 13.3x | 27.9x | 0.5x |
| Wed, 24 May 2023 | HK$21.1b | HK$41.5b | HK$761.1m | 13.7x | 27.7x | 0.5x |
| Fri, 21 Apr 2023 | HK$21.2b | HK$42.4b | HK$802.0m | 11.7x | 26.5x | 0.5x |
| Sun, 19 Mar 2023 | HK$20.6b | HK$42.1b | HK$740.0m | 10.7x | 27.9x | 0.5x |
| Tue, 14 Feb 2023 | HK$20.1b | HK$42.5b | HK$774.0m | 10.1x | 26x | 0.5x |
| Thu, 12 Jan 2023 | HK$18.8b | HK$42.6b | HK$778.9m | 9.7x | 24.2x | 0.4x |
| Sat, 10 Dec 2022 | HK$17.6b | HK$41.5b | HK$731.7m | 9.3x | 24.1x | 0.4x |
| Mon, 07 Nov 2022 | HK$15.9b | HK$40.9b | HK$1.2b | 8x | 13.7x | 0.4x |
| Wed, 05 Oct 2022 | HK$15.7b | HK$41.2b | HK$1.2b | 7.3x | 13.4x | 0.4x |
| Fri, 02 Sep 2022 | HK$17.1b | HK$42.2b | HK$1.3b | 6.9x | 13.5x | 0.4x |
| Sun, 31 Jul 2022 | HK$16.5b | HK$41.7b | HK$1.7b | 7.7x | 9.5x | 0.4x |
| Tue, 28 Jun 2022 | HK$17.7b | HK$41.6b | HK$2.1b | 7.9x | 8.6x | 0.4x |
| Thu, 26 May 2022 | HK$18.4b | HK$41.8b | HK$2.1b | 7.6x | 8.9x | 0.4x |
| Sat, 23 Apr 2022 | HK$19.6b | HK$42.8b | HK$2.1b | 8.2x | 9.2x | 0.5x |
| Mon, 21 Mar 2022 | HK$20.9b | HK$40.4b | HK$2.6b | 8.2x | 8.2x | 0.5x |
| Wed, 16 Feb 2022 | HK$23.0b | HK$40.3b | HK$2.5b | 9.2x | 9x | 0.6x |
| Fri, 14 Jan 2022 | HK$21.9b | HK$40.3b | HK$2.5b | 8.8x | 8.6x | 0.5x |
| Sun, 12 Dec 2021 | HK$22.9b | HK$40.3b | HK$2.5b | 8.2x | 9x | 0.6x |
| Tue, 09 Nov 2021 | HK$20.8b | HK$40.0b | HK$2.0b | 8.3x | 10.4x | 0.5x |
| Thu, 07 Oct 2021 | HK$20.7b | HK$39.7b | HK$2.0b | 8.3x | 10.4x | 0.5x |
| Sat, 04 Sep 2021 | HK$23.4b | HK$40.6b | HK$1.6b | 9.3x | 14.8x | 0.6x |
| Mon, 02 Aug 2021 | HK$22.8b | HK$40.6b | HK$1.6b | 8.9x | 14.4x | 0.6x |
Price to Earnings Ratio
14.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Packaging industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.8x which is lower than its 3-year average PE of 17.9x.
- The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 2.9% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | -3.89% | |
| Materials | -10.54% | |
| Packaging | -0.36% | |
| Metal and Glass Containers | 0.63% | |
| Paper Packaging | -1.13% | |
Industry PE
- Investors are most optimistic about the Metal and Glass Containers industry which is trading above its 3-year average PE ratio of 11.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Paper Packaging industry, which is trading below its 3-year average of 39.0x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 5.8% over the next 5 years.
- In contrast, the Paper Packaging industry is expected to see its earnings grow by 5.8% 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 | |
|---|---|---|---|---|---|
| 6898 China Aluminum Cans Holdings | HK$0.67 | 6.3% +HK$37.4m | 50.6% | PE29.2x | |
| 906 CPMC Holdings | HK$7.05 | 0.3% +HK$22.3m | 62.1% | PE15.4x | |
| 8659 Yik Wo International Holdings | HK$0.73 | 2.8% +HK$15.0m | 9.0% | PE18.4x | |
| 2320 Hop Fung Group Holdings | HK$0.11 | 13.4% +HK$10.6m | 10.0% | PS0.4x | |
| 1335 Sheen Tai Holdings Group | HK$0.20 | 1.0% +HK$4.9m | 109.5% | PS1.1x |
