A Look At The Intrinsic Value Of Vobile Group Limited (HKG:3738)
Jan 14
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Hong Kong (HSI) Application Software Industry Analysis
UpdatedJan 14, 2025
DataAggregated Company Financials
Companies33
- 7D-7.2%
- 3M4.7%
- 1Y-7.5%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 8.8%, driven by a pullback from Marketingforce Management of 26%. On the other hand GL-Carlink Technology Holding is actually up 14%. Overall the industry is down 8.2% in 12 months. Looking forward, earnings are forecast to grow by 58% annually.
Industry Valuation and Performance
Has the Hong Kong Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 14 Jan 2025 | HK$179.1b | HK$56.0b | -HK$10,399,970,926.99 | 18.6x | -17.2x | 3.2x |
| Thu, 12 Dec 2024 | HK$228.2b | HK$60.2b | -HK$9,692,636,793.40 | 17.7x | -23.5x | 3.8x |
| Sat, 09 Nov 2024 | HK$198.1b | HK$60.7b | -HK$12,970,492,537.15 | 16.1x | -15.3x | 3.3x |
| Mon, 07 Oct 2024 | HK$205.1b | HK$59.9b | -HK$12,757,629,618.76 | 17.3x | -16.1x | 3.4x |
| Wed, 04 Sep 2024 | HK$136.4b | HK$59.0b | -HK$12,746,119,915.47 | 11.8x | -10.7x | 2.3x |
| Fri, 02 Aug 2024 | HK$117.7b | HK$55.4b | -HK$12,329,420,039.14 | 14.4x | -9.5x | 2.1x |
| Sun, 30 Jun 2024 | HK$137.6b | HK$55.2b | -HK$12,281,298,452.80 | 15.1x | -11.2x | 2.5x |
| Tue, 28 May 2024 | HK$140.3b | HK$55.4b | -HK$14,817,159,772.61 | 16.6x | -9.5x | 2.5x |
| Thu, 25 Apr 2024 | HK$116.6b | HK$55.7b | -HK$14,878,741,862.49 | 15.9x | -7.8x | 2.1x |
| Sat, 23 Mar 2024 | HK$132.8b | HK$55.8b | -HK$15,472,320,547.58 | 12.2x | -8.6x | 2.4x |
| Mon, 19 Feb 2024 | HK$98.5b | HK$52.6b | -HK$14,603,832,452.29 | 10.6x | -6.7x | 1.9x |
| Wed, 17 Jan 2024 | HK$147.3b | HK$61.0b | -HK$14,118,231,676.00 | 11.9x | -10.4x | 2.4x |
| Fri, 15 Dec 2023 | HK$140.7b | HK$60.6b | -HK$14,305,895,477.00 | 16x | -9.8x | 2.3x |
| Sun, 12 Nov 2023 | HK$138.6b | HK$58.8b | -HK$8,162,448,739.00 | 13x | -17x | 2.4x |
| Tue, 10 Oct 2023 | HK$123.8b | HK$50.8b | -HK$8,662,365,877.00 | 13.7x | -14.3x | 2.4x |
| Thu, 07 Sep 2023 | HK$147.9b | HK$50.7b | -HK$8,667,061,590.00 | 15.6x | -17.1x | 2.9x |
| Sat, 05 Aug 2023 | HK$166.9b | HK$47.8b | -HK$9,327,932,697.00 | 23.4x | -17.9x | 3.5x |
| Mon, 03 Jul 2023 | HK$166.1b | HK$47.3b | -HK$9,285,767,174.00 | 21.4x | -17.9x | 3.5x |
| Wed, 31 May 2023 | HK$172.6b | HK$48.4b | -HK$9,523,389,557.00 | 21.4x | -18.1x | 3.6x |
| Fri, 28 Apr 2023 | HK$192.7b | HK$49.6b | -HK$10,230,805,928.00 | 22.1x | -18.8x | 3.9x |
| Sun, 26 Mar 2023 | HK$222.2b | HK$48.0b | -HK$21,902,447,788.00 | 14.7x | -10.1x | 4.6x |
| Tue, 21 Feb 2023 | HK$217.4b | HK$47.0b | -HK$25,021,880,165.00 | 17.1x | -8.7x | 4.6x |
| Thu, 19 Jan 2023 | HK$217.4b | HK$47.6b | -HK$25,376,564,724.00 | 20.4x | -8.6x | 4.6x |
| Sat, 17 Dec 2022 | HK$198.1b | HK$46.2b | -HK$24,439,454,235.00 | 15x | -8.1x | 4.3x |
| Mon, 14 Nov 2022 | HK$175.2b | HK$45.8b | -HK$24,301,649,925.00 | 12.1x | -7.2x | 3.8x |
| Wed, 12 Oct 2022 | HK$132.1b | HK$45.6b | -HK$24,338,316,817.00 | 19.3x | -5.4x | 2.9x |
| Fri, 09 Sep 2022 | HK$189.1b | HK$46.5b | -HK$24,952,092,379.00 | 12.4x | -7.6x | 4.1x |
| Sun, 07 Aug 2022 | HK$210.9b | HK$45.1b | -HK$41,538,550,222.00 | 12.6x | -5.1x | 4.7x |
| Tue, 05 Jul 2022 | HK$233.1b | HK$39.2b | -HK$40,407,494,172.00 | 13.8x | -5.8x | 5.9x |
| Thu, 02 Jun 2022 | HK$315.3b | HK$38.8b | -HK$40,580,842,413.00 | 13.3x | -7.8x | 8.1x |
| Sat, 30 Apr 2022 | HK$304.7b | HK$39.1b | -HK$40,311,202,523.00 | 15.1x | -7.6x | 7.8x |
| Mon, 28 Mar 2022 | HK$133.9b | HK$32.1b | -HK$18,253,020,996.00 | 13.3x | -7.3x | 4.2x |
| Wed, 23 Feb 2022 | HK$151.8b | HK$30.8b | -HK$18,438,432,622.00 | 14.6x | -8.2x | 4.9x |
| Fri, 21 Jan 2022 | HK$168.1b | HK$29.8b | -HK$17,701,785,127.00 | 12x | -9.5x | 5.6x |
Price to Earnings Ratio
-9.5x
Current Industry PE
- Investors are pessimistic on the Hong Kong Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.8x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have improved over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Hong Kong Application Software compare with similar industries?
| HK Market | -3.19% | |
| Tech | -3.00% | |
| Software | -7.12% | |
| Application Software | -7.16% | |
| Systems Software | -6.23% | |
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 | |
|---|---|---|---|---|---|
| 268 Kingdee International Software Group | HK$8.40 | 3.7% +HK$1.1b | -20.5% | PS4.7x | |
| 596 Inspur Digital Enterprise Technology | HK$4.13 | 10.7% +HK$456.8m | 117.4% | PE17.2x | |
| 20 SenseTime Group | HK$1.34 | 0.8% +HK$351.4m | 30.1% | PS11.9x | |
| 2586 Dmall | HK$5.89 | 5.6% +HK$274.9m | n/a | PS2.8x | |
| 418 Founder Holdings | HK$1.19 | 13.3% +HK$168.0m | 213.2% | PE17.4x |
