Be Friends Holding Limited's (HKG:1450) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Apr 25
Hong Kong (HSI) Broadcasting Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies4
- 7D0.5%
- 3M-12.3%
- 1Y-47.1%
- YTDn/a
Over the last 7 days, the Broadcasting industry has remained flat, although notably Television Broadcasts gained 6.5%. As for the longer term, the industry has declined 47% in the last year. Looking forward, earnings are forecast to grow by 56% annually.
Industry Valuation and Performance
Has the Hong Kong Broadcasting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | HK$4.4b | HK$7.0b | -HK$1,415,779,830.76 | 14.5x | -3.1x | 0.6x |
| Mon, 25 Mar 2024 | HK$5.2b | HK$6.6b | -HK$1,301,216,747.18 | 36.7x | -4x | 0.8x |
| Wed, 21 Feb 2024 | HK$4.8b | HK$6.8b | -HK$1,223,072,672.96 | 31.2x | -3.9x | 0.7x |
| Fri, 19 Jan 2024 | HK$5.0b | HK$6.8b | -HK$1,223,041,503.00 | 33.6x | -4.1x | 0.7x |
| Sun, 17 Dec 2023 | HK$5.0b | HK$6.8b | -HK$1,222,218,211.00 | 30.9x | -4.1x | 0.7x |
| Tue, 14 Nov 2023 | HK$5.2b | HK$6.8b | -HK$1,223,854,440.00 | 28.9x | -4.2x | 0.8x |
| Thu, 12 Oct 2023 | HK$4.9b | HK$6.8b | -HK$1,224,038,875.00 | 28.5x | -4x | 0.7x |
| Sat, 09 Sep 2023 | HK$5.6b | HK$6.8b | -HK$1,224,546,960.00 | 32.3x | -4.6x | 0.8x |
| Mon, 07 Aug 2023 | HK$6.6b | HK$7.1b | -HK$1,418,175,507.00 | n/a | -4.6x | 0.9x |
| Wed, 05 Jul 2023 | HK$6.3b | HK$7.1b | -HK$1,418,652,727.00 | n/a | -4.4x | 0.9x |
| Fri, 02 Jun 2023 | HK$6.7b | HK$7.1b | -HK$1,418,886,812.00 | n/a | -4.7x | 0.9x |
| Sun, 30 Apr 2023 | HK$8.2b | HK$7.1b | -HK$1,419,666,475.00 | n/a | -5.8x | 1.1x |
| Tue, 28 Mar 2023 | HK$9.5b | HK$6.8b | -HK$1,300,053,295.00 | n/a | -7.3x | 1.4x |
| Thu, 23 Feb 2023 | HK$7.3b | HK$7.0b | -HK$1,458,784,953.00 | n/a | -5x | 1x |
| Sat, 21 Jan 2023 | HK$7.0b | HK$7.0b | -HK$1,459,480,585.00 | n/a | -4.8x | 1x |
| Mon, 19 Dec 2022 | HK$7.3b | HK$7.0b | -HK$1,455,283,391.00 | n/a | -5x | 1x |
| Wed, 16 Nov 2022 | HK$6.5b | HK$7.0b | -HK$1,456,453,179.00 | n/a | -4.5x | 0.9x |
| Fri, 14 Oct 2022 | HK$6.1b | HK$7.0b | -HK$1,455,949,505.00 | n/a | -4.2x | 0.9x |
| Sun, 11 Sep 2022 | HK$7.0b | HK$7.0b | -HK$1,458,570,368.00 | n/a | -4.8x | 1x |
| Tue, 09 Aug 2022 | HK$8.1b | HK$6.3b | -HK$1,452,647,366.00 | n/a | -5.6x | 1.3x |
| Thu, 07 Jul 2022 | HK$9.1b | HK$6.3b | -HK$1,452,987,039.00 | n/a | -6.2x | 1.4x |
| Sat, 04 Jun 2022 | HK$6.9b | HK$6.3b | -HK$1,453,531,650.00 | n/a | -4.7x | 1.1x |
| Mon, 02 May 2022 | HK$7.1b | HK$6.3b | -HK$1,454,164,358.00 | n/a | -4.9x | 1.1x |
| Wed, 30 Mar 2022 | HK$6.9b | HK$6.3b | -HK$2,202,690,525.00 | n/a | -3.1x | 1.1x |
| Fri, 25 Feb 2022 | HK$6.7b | HK$6.2b | -HK$1,748,798,336.00 | n/a | -3.8x | 1.1x |
| Sun, 23 Jan 2022 | HK$6.0b | HK$6.2b | -HK$1,745,563,655.00 | n/a | -3.4x | 1x |
| Tue, 21 Dec 2021 | HK$5.6b | HK$6.2b | -HK$1,747,189,204.00 | n/a | -3.2x | 0.9x |
| Thu, 18 Nov 2021 | HK$7.0b | HK$6.2b | -HK$1,744,742,849.00 | n/a | -4x | 1.1x |
| Sat, 16 Oct 2021 | HK$7.6b | HK$6.2b | -HK$1,742,698,341.00 | n/a | -4.4x | 1.2x |
| Mon, 13 Sep 2021 | HK$8.0b | HK$6.2b | -HK$1,740,602,400.08 | n/a | -4.6x | 1.3x |
| Wed, 11 Aug 2021 | HK$7.1b | HK$6.2b | -HK$1,740,602,400.08 | n/a | -4.1x | 1.2x |
| Sun, 06 Jun 2021 | HK$7.1b | HK$6.1b | -HK$2,083,419,194.69 | n/a | -3.4x | 1.2x |
Price to Earnings Ratio
-3.8x
Current Industry PE
- Investors are pessimistic on the Hong Kong Broadcasting industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.63x.
Past Earnings Growth
- The earnings for companies in the Broadcasting industry have improved over the last three years.
- Revenues for these companies have grown 4.9% 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 Broadcasting compare with similar industries?
| HK Market | 5.25% | |
| Telecom | 9.27% | |
| Media | 5.78% | |
| Broadcasting | 0.47% | |
| Publishing | 8.00% | |
| Advertising | 1.68% | |
| Cable and Satellite | 0% | |
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 | |
|---|---|---|---|---|---|
| 511 Television Broadcasts | HK$3.19 | 8.1% +HK$105.2m | -53.5% | PS0.4x | |
| 2008 Phoenix Media Investment (Holdings) | HK$1.79 | 1.1% +HK$10.0m | -42.3% | PS0.4x |