Analysis Article • May 06
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- 7D-5.9%
- 3M-11.7%
- 1Y68.5%
- YTD4.5%
Over the last 7 days, the Paper and Forestry Products industry has dropped 5.9%, driven by a pullback from Nine Dragons Paper (Holdings) of 5.3%. Meanwhile, Greenheart Group actually outperformed within the industry, gaining 9.4% in the last week. In the past year, the industry has gained 68%. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Hong Kong Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 28 Jun 2026 | HK$43.5b | HK$104.4b | HK$5.2b | 7.2x | 8.4x | 0.4x |
| Tue, 26 May 2026 | HK$44.6b | HK$104.4b | HK$5.2b | 7.4x | 8.7x | 0.4x |
| Thu, 23 Apr 2026 | HK$47.3b | HK$104.0b | HK$5.1b | 8x | 9.2x | 0.5x |
| Sat, 21 Mar 2026 | HK$50.8b | HK$103.5b | HK$5.0b | 8x | 10.1x | 0.5x |
| Mon, 16 Feb 2026 | HK$63.6b | HK$97.9b | HK$2.8b | 12.8x | 23.1x | 0.7x |
| Wed, 14 Jan 2026 | HK$49.8b | HK$97.0b | HK$2.7b | 10.5x | 18.2x | 0.5x |
| Fri, 12 Dec 2025 | HK$41.8b | HK$96.0b | HK$2.7b | 9.1x | 15.5x | 0.4x |
| Sun, 09 Nov 2025 | HK$38.6b | HK$95.4b | HK$2.7b | 8.8x | 14.5x | 0.4x |
| Tue, 07 Oct 2025 | HK$38.7b | HK$95.5b | HK$2.7b | 9.1x | 14.5x | 0.4x |
| Thu, 04 Sep 2025 | HK$38.3b | HK$94.5b | HK$1.7b | 11.9x | 22.3x | 0.4x |
| Sat, 02 Aug 2025 | HK$33.4b | HK$94.6b | HK$1.7b | 8.7x | 20x | 0.4x |
| Mon, 30 Jun 2025 | HK$25.6b | HK$95.1b | HK$2.1b | 12.2x | 12.3x | 0.3x |
| Wed, 28 May 2025 | HK$23.8b | HK$94.7b | HK$2.1b | 13.3x | 11.5x | 0.3x |
| Fri, 25 Apr 2025 | HK$23.0b | HK$93.2b | HK$2.0b | 12.5x | 11.3x | 0.2x |
| Sun, 23 Mar 2025 | HK$26.2b | HK$93.8b | HK$2.1b | 15x | 12.5x | 0.3x |
| Tue, 18 Feb 2025 | HK$26.3b | HK$89.9b | HK$2.3b | 10.2x | 11.4x | 0.3x |
| Thu, 16 Jan 2025 | HK$24.1b | HK$89.4b | HK$2.3b | 10.4x | 10.5x | 0.3x |
| Sat, 14 Dec 2024 | HK$26.3b | HK$89.8b | HK$2.3b | 10.1x | 11.5x | 0.3x |
| Mon, 11 Nov 2024 | HK$28.1b | HK$90.6b | HK$2.3b | 10.9x | 12.1x | 0.3x |
| Wed, 09 Oct 2024 | HK$30.1b | HK$91.8b | HK$2.3b | 11.8x | 12.9x | 0.3x |
| Fri, 06 Sep 2024 | HK$23.4b | HK$87.9b | HK$727.2m | 5.5x | 32.2x | 0.3x |
| Sun, 04 Aug 2024 | HK$24.7b | HK$87.5b | HK$777.9m | 6.2x | 31.8x | 0.3x |
| Tue, 02 Jul 2024 | HK$25.8b | HK$86.3b | HK$340.1m | 7.6x | 75.9x | 0.3x |
| Thu, 30 May 2024 | HK$31.1b | HK$86.5b | HK$313.7m | 8.6x | 99x | 0.4x |
| Sat, 27 Apr 2024 | HK$26.2b | HK$86.7b | HK$312.2m | 8.7x | 83.9x | 0.3x |
| Mon, 25 Mar 2024 | HK$26.3b | HK$86.3b | HK$345.0m | 4.9x | 76.3x | 0.3x |
| Wed, 21 Feb 2024 | HK$26.6b | HK$88.3b | -HK$2,050,876,004.80 | 13.6x | -13x | 0.3x |
| Fri, 19 Jan 2024 | HK$24.8b | HK$88.8b | -HK$2,089,685,816.00 | 13.1x | -11.9x | 0.3x |
| Sun, 17 Dec 2023 | HK$29.2b | HK$89.3b | -HK$2,111,618,982.00 | 14.7x | -13.8x | 0.3x |
| Tue, 14 Nov 2023 | HK$30.6b | HK$88.0b | -HK$1,984,093,476.00 | 13.6x | -15.4x | 0.3x |
| Thu, 12 Oct 2023 | HK$31.9b | HK$88.0b | -HK$1,983,495,333.00 | 14.3x | -16.1x | 0.4x |
| Sat, 09 Sep 2023 | HK$30.9b | HK$92.6b | -HK$379,627,085.00 | 14.4x | -81.3x | 0.3x |
| Mon, 07 Aug 2023 | HK$33.7b | HK$94.0b | -HK$410,850,829.00 | 15.7x | -82.1x | 0.4x |
| Wed, 05 Jul 2023 | HK$35.8b | HK$97.0b | HK$24.7m | 9.6x | 1451.7x | 0.4x |
Price to Earnings Ratio
1451.7x
Current Industry PE
- Investors are pessimistic on the Hong Kong Forestry 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 8.4x which is lower than its 3-year average PE of 26.0x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have grown 433% per year over the last three years.
- Revenues for these companies have grown 2.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | -4.71% | |
| Materials | -12.21% | |
| Paper and Forestry Products | -5.89% | |
| Forestry Products | -0.71% | |
| Paper Products | -5.98% | |
Industry PE
- Investors are most optimistic about the Paper Products industry even though it's trading below its 3-year average PE ratio of 20.7x.
- Analysts are expecting annual earnings growth of 15.8%, which is lower than the prior year's growth of 149.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 16% over the next 5 years.
- However this is lower than its past earnings growth rate of 150% per year.
- In contrast, the Paper Products industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| 94 Greenheart Group | HK$0.058 | 9.4% +HK$13.9m | 16.0% | PE22.9x | |
| 923 Integrated Waste Solutions Group Holdings | HK$0.02 | 5.3% +HK$4.8m | 42.9% | PS2.2x |