Doumob (HKG:1917) Investors Are Less Pessimistic Than Expected
Apr 12
Hong Kong (HSI) Interactive Media and Services Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies15
- 7D14.5%
- 3M18.3%
- 1Y-0.8%
- YTD14.7%
Over the last 7 days, the Interactive Media and Services industry has dropped 2.4%, driven by Medialink Group declining 4.9%. Meanwhile, Tencent Holdings actually outperformed within the industry, gaining 10% in the last week. Overall the industry is down 13% in 12 months. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Hong Kong Interactive Media and Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | HK$3.5t | HK$801.1b | HK$132.0b | 9.5x | 26.2x | 4.3x |
| Sat, 23 Mar 2024 | HK$2.9t | HK$800.8b | HK$131.6b | 9.5x | 22.3x | 3.7x |
| Mon, 19 Feb 2024 | HK$2.9t | HK$788.9b | HK$213.1b | 8.8x | 13.7x | 3.7x |
| Wed, 17 Jan 2024 | HK$2.9t | HK$789.6b | HK$212.6b | 9.4x | 13.4x | 3.6x |
| Fri, 15 Dec 2023 | HK$3.1t | HK$794.2b | HK$213.9b | 10.5x | 14.6x | 3.9x |
| Sun, 12 Nov 2023 | HK$3.1t | HK$757.0b | HK$208.2b | 10.5x | 14.9x | 4.1x |
| Tue, 10 Oct 2023 | HK$3.2t | HK$758.8b | HK$208.7b | 10x | 15.3x | 4.2x |
| Thu, 07 Sep 2023 | HK$3.4t | HK$758.6b | HK$208.7b | 9.4x | 16.3x | 4.5x |
| Sat, 05 Aug 2023 | HK$3.6t | HK$745.7b | HK$196.9b | 30.3x | 18.2x | 4.8x |
| Mon, 03 Jul 2023 | HK$3.4t | HK$740.8b | HK$195.6b | 29.3x | 17.4x | 4.6x |
| Wed, 31 May 2023 | HK$3.3t | HK$758.9b | HK$200.4b | 30.1x | 16.3x | 4.3x |
| Fri, 28 Apr 2023 | HK$3.5t | HK$756.6b | HK$196.5b | 31.1x | 17.9x | 4.6x |
| Sun, 26 Mar 2023 | HK$3.8t | HK$759.4b | HK$193.2b | 9.2x | 19.8x | 5x |
| Tue, 21 Feb 2023 | HK$3.8t | HK$758.9b | HK$180.4b | 9.6x | 21.3x | 5.1x |
| Thu, 19 Jan 2023 | HK$3.9t | HK$769.8b | HK$183.0b | 9x | 21.4x | 5.1x |
| Sat, 17 Dec 2022 | HK$3.3t | HK$742.2b | HK$176.4b | 8.8x | 18.7x | 4.4x |
| Mon, 14 Nov 2022 | HK$2.6t | HK$732.6b | HK$169.0b | 8.1x | 15.7x | 3.6x |
| Wed, 12 Oct 2022 | HK$2.6t | HK$728.9b | HK$168.2b | 8.9x | 15.6x | 3.6x |
| Fri, 09 Sep 2022 | HK$3.1t | HK$748.8b | HK$172.8b | 11.6x | 18.2x | 4.2x |
| Sun, 07 Aug 2022 | HK$3.3t | HK$773.0b | HK$202.4b | 10.2x | 16.3x | 4.3x |
| Tue, 05 Jul 2022 | HK$3.7t | HK$779.7b | HK$204.1b | 11x | 18.2x | 4.8x |
| Thu, 02 Jun 2022 | HK$3.8t | HK$783.0b | HK$205.1b | 10.6x | 18.5x | 4.8x |
| Sat, 30 Apr 2022 | HK$3.9t | HK$783.1b | HK$174.3b | 10.5x | 22.4x | 5x |
| Mon, 28 Mar 2022 | HK$3.7t | HK$802.0b | HK$164.8b | 9.6x | 22.6x | 4.6x |
| Wed, 23 Feb 2022 | HK$4.6t | HK$789.9b | HK$121.1b | 13.5x | 38.4x | 5.9x |
| Fri, 21 Jan 2022 | HK$4.9t | HK$787.7b | HK$120.8b | 11x | 40.6x | 6.2x |
| Sun, 19 Dec 2021 | HK$4.6t | HK$785.0b | HK$120.3b | 10x | 37.8x | 5.8x |
| Tue, 16 Nov 2021 | HK$5.1t | HK$776.8b | HK$92.9b | 9.5x | 55.2x | 6.6x |
| Thu, 14 Oct 2021 | HK$5.0t | HK$746.9b | HK$90.6b | 10.3x | 54.9x | 6.7x |
| Sat, 11 Sep 2021 | HK$5.1t | HK$744.5b | HK$90.3b | 12.2x | 56.5x | 6.9x |
| Mon, 09 Aug 2021 | HK$4.8t | HK$744.5b | HK$90.3b | 12.6x | 52.8x | 6.4x |
| Sun, 02 May 2021 | HK$7.1t | HK$697.7b | HK$41.4b | 19.2x | 170.5x | 10.1x |
Price to Earnings Ratio
170.5x
Current Industry PE
- Investors are pessimistic on the Hong Kong Interactive Media and Services 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 23.0x which is lower than its 3-year average PE of 33.7x.
- The 3-year average PS ratio of 5.2x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Interactive Media and Services industry have grown 47% per year over the last three years.
- Revenues for these companies have grown 4.7% 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 Telecom industry?
| HK Market | 3.58% | |
| Telecom | 7.92% | |
| Interactive Media and Services | 14.49% | |
| Interactive Media and Services | 14.49% | |
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 | |
|---|---|---|---|---|---|
| 700 Tencent Holdings | HK$339.40 | 11.5% +HK$325.7b | -1.6% | PE25.4x | |
| 1024 Kuaishou Technology | HK$52.80 | 15.2% +HK$30.1b | 2.8% | PE33.1x | |
| 1357 Meitu | HK$3.11 | 2.6% +HK$362.8m | 48.1% | PE34.5x | |
| 6100 Tongdao Liepin Group | HK$2.77 | 4.5% +HK$52.1m | -72.4% | PE1758.9x | |
| 3700 Inkeverse Group | HK$0.82 | 1.2% +HK$19.4m | -22.6% | PE3.8x |