ICO Group Limited's (HKG:1460) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Feb 06
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- 7D3.4%
- 3M8.6%
- 1Y-8.0%
- YTDn/a
The IT Consulting industry is up 1.6% in the last week, with WellCell Holdings up 19%. In the same time, Chinasoft International was down 8.7%. However, the industry is down 11% over the past year. As for the next few years, earnings are expected to grow by 101% per annum.
Industry Valuation and Performance
Has the Hong Kong IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Mar 2026 | HK$103.7b | HK$61.7b | HK$749.7m | 14.6x | 138.3x | 1.7x |
| Sun, 22 Feb 2026 | HK$77.0b | HK$61.4b | HK$795.8m | 16.9x | 96.8x | 1.3x |
| Tue, 20 Jan 2026 | HK$76.8b | HK$60.9b | HK$786.3m | 18x | 97.7x | 1.3x |
| Thu, 18 Dec 2025 | HK$50.8b | HK$59.6b | HK$855.2m | 18.2x | 59.5x | 0.9x |
| Sat, 15 Nov 2025 | HK$51.8b | HK$59.5b | HK$958.7m | 17.3x | 54x | 0.9x |
| Mon, 13 Oct 2025 | HK$54.7b | HK$59.3b | HK$951.6m | 24.9x | 57.5x | 0.9x |
| Wed, 10 Sep 2025 | HK$49.9b | HK$59.6b | HK$947.1m | 23.5x | 52.7x | 0.8x |
| Fri, 08 Aug 2025 | HK$47.8b | HK$57.2b | -HK$669,471,560.88 | 18.8x | -71.4x | 0.8x |
| Sun, 06 Jul 2025 | HK$48.5b | HK$57.2b | -HK$639,865,998.00 | 16.7x | -75.8x | 0.8x |
| Tue, 03 Jun 2025 | HK$51.8b | HK$57.5b | -HK$583,801,038.56 | 12.2x | -88.8x | 0.9x |
| Thu, 01 May 2025 | HK$55.7b | HK$56.5b | -HK$569,095,588.28 | 12.4x | -97.8x | 1x |
| Sat, 29 Mar 2025 | HK$46.6b | HK$57.1b | -HK$1,691,891,675.82 | 13.9x | -27.5x | 0.8x |
| Mon, 24 Feb 2025 | HK$51.8b | HK$56.3b | -HK$1,906,019,221.29 | 13.8x | -27.2x | 0.9x |
| Wed, 22 Jan 2025 | HK$40.6b | HK$56.2b | -HK$1,901,608,854.32 | 11.3x | -21.3x | 0.7x |
| Fri, 20 Dec 2024 | HK$38.8b | HK$56.0b | -HK$1,895,723,409.06 | 11.5x | -20.5x | 0.7x |
| Sun, 17 Nov 2024 | HK$37.4b | HK$56.8b | -HK$1,636,406,929.25 | 12.6x | -22.8x | 0.7x |
| Tue, 15 Oct 2024 | HK$38.3b | HK$57.8b | -HK$1,662,596,734.55 | 14.2x | -23.1x | 0.7x |
| Thu, 12 Sep 2024 | HK$30.8b | HK$57.0b | -HK$1,685,000,482.11 | 11.8x | -18.3x | 0.5x |
| Sat, 10 Aug 2024 | HK$33.7b | HK$56.7b | -HK$2,205,372,718.08 | 12.5x | -15.3x | 0.6x |
| Mon, 08 Jul 2024 | HK$33.3b | HK$56.2b | -HK$2,184,761,732.68 | 13.4x | -15.3x | 0.6x |
| Wed, 05 Jun 2024 | HK$35.6b | HK$56.0b | -HK$2,197,146,332.61 | 14.9x | -16.2x | 0.6x |
| Fri, 03 May 2024 | HK$34.4b | HK$55.7b | -HK$2,218,931,588.74 | 15.3x | -15.5x | 0.6x |
| Sun, 31 Mar 2024 | HK$33.4b | HK$55.9b | -HK$2,207,019,461.95 | 16x | -15.1x | 0.6x |
| Tue, 27 Feb 2024 | HK$34.9b | HK$56.1b | HK$288.1m | 8.9x | 121.2x | 0.6x |
| Thu, 25 Jan 2024 | HK$35.0b | HK$56.8b | HK$289.1m | 9.8x | 121.1x | 0.6x |
| Sat, 23 Dec 2023 | HK$40.9b | HK$57.0b | HK$309.5m | 10.1x | 132.1x | 0.7x |
| Mon, 20 Nov 2023 | HK$42.7b | HK$56.2b | HK$300.2m | 12x | 142.4x | 0.8x |
| Wed, 18 Oct 2023 | HK$42.9b | HK$55.7b | HK$284.3m | 9.7x | 150.9x | 0.8x |
| Fri, 15 Sep 2023 | HK$44.9b | HK$55.5b | HK$172.4m | 11.4x | 260.6x | 0.8x |
| Sun, 13 Aug 2023 | HK$36.4b | HK$54.4b | HK$1.4b | 11.7x | 26.2x | 0.7x |
| Tue, 11 Jul 2023 | HK$34.4b | HK$54.4b | HK$1.3b | 8.2x | 27.1x | 0.6x |
| Thu, 08 Jun 2023 | HK$34.5b | HK$55.0b | HK$1.3b | 7.9x | 27.5x | 0.6x |
| Sat, 06 May 2023 | HK$32.9b | HK$54.2b | HK$1.2b | 7.6x | 27.6x | 0.6x |
| Mon, 03 Apr 2023 | HK$33.7b | HK$54.4b | HK$1.1b | 12.8x | 29.4x | 0.6x |
Price to Earnings Ratio
29.4x
Current Industry PE
- Investors are optimistic on the Hong Kong IT Consulting and Other Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 124x which is higher than its 3-year average PE of 29.0x.
- The 3-year average PS ratio of 0.78x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have declined 9.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.2% 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 Comparison
How does Hong Kong IT Consulting compare with similar industries?
| HK Market | -2.20% | |
| Tech | -6.02% | |
| IT | 1.62% | |
| IT Consulting | 3.42% | |
| Data Processing Services | -0.31% | |
| Internet Services and Infrastructure | -4.84% | |
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 | |
|---|---|---|---|---|---|
| 3317 Shenzhen Xunce Technology | HK$188.50 | 28.2% +HK$13.4b | n/a | PS98.1x | |
| 2477 WellCell Holdings | HK$19.60 | 25.5% +HK$4.0b | 87.1% | PE1010x | |
| 2416 Edianyun | HK$2.95 | 19.4% +HK$243.1m | 62.1% | PE14x | |
| 771 Automated Systems Holdings | HK$0.87 | 7.4% +HK$50.4m | 0% | PE8.9x | |
| 2501 Maiyue Technology | HK$1.18 | 3.5% +HK$20.0m | 13.5% | PE109x |