Return Trends At HK Electric Investments and HK Electric Investments (HKG:2638) Aren't Appealing
Feb 15
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- 7D0.8%
- 3M15.4%
- 1Y20.7%
- YTD11.7%
The Electric Utilities industry has been flat over the last week, but CLP Holdings has lost 4.2%. As for the the longer term, the industry is up 21% over the past 12 months. Earnings are forecast to grow by 4.7% annually.
Industry Valuation and Performance
Has the Hong Kong Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Mar 2026 | HK$554.9b | HK$112.6b | HK$28.4b | 18.7x | 19.5x | 4.9x |
| Thu, 29 Jan 2026 | HK$540.7b | HK$114.2b | HK$29.4b | 17.5x | 18.4x | 4.7x |
| Sat, 27 Dec 2025 | HK$501.3b | HK$114.2b | HK$29.4b | 16.5x | 17.1x | 4.4x |
| Mon, 24 Nov 2025 | HK$474.2b | HK$114.1b | HK$29.3b | 15.9x | 16.2x | 4.2x |
| Wed, 22 Oct 2025 | HK$463.0b | HK$114.1b | HK$29.3b | 15.4x | 15.8x | 4.1x |
| Fri, 19 Sep 2025 | HK$465.9b | HK$114.1b | HK$29.3b | 15.5x | 15.9x | 4.1x |
| Sun, 17 Aug 2025 | HK$468.1b | HK$113.8b | HK$29.3b | 16.9x | 16x | 4.1x |
| Tue, 15 Jul 2025 | HK$457.5b | HK$115.6b | HK$29.5b | 16.5x | 15.5x | 4x |
| Thu, 12 Jun 2025 | HK$458.1b | HK$115.6b | HK$29.5b | 16.1x | 15.5x | 4x |
| Sat, 10 May 2025 | HK$466.2b | HK$115.5b | HK$29.5b | 15.9x | 15.8x | 4x |
| Mon, 07 Apr 2025 | HK$436.0b | HK$115.7b | HK$29.5b | 15.2x | 14.8x | 3.8x |
| Wed, 05 Mar 2025 | HK$458.5b | HK$115.5b | HK$29.4b | 15.9x | 15.6x | 4x |
| Fri, 31 Jan 2025 | HK$453.0b | HK$112.6b | HK$25.2b | 17.1x | 18x | 4x |
| Sun, 29 Dec 2024 | HK$470.1b | HK$112.5b | HK$25.2b | 18.3x | 18.7x | 4.2x |
| Tue, 26 Nov 2024 | HK$457.6b | HK$112.6b | HK$25.2b | 17.3x | 18.2x | 4.1x |
| Thu, 24 Oct 2024 | HK$465.3b | HK$112.6b | HK$25.2b | 17.6x | 18.5x | 4.1x |
| Sat, 21 Sep 2024 | HK$483.0b | HK$112.7b | HK$25.2b | 18x | 19.2x | 4.3x |
| Mon, 19 Aug 2024 | HK$482.6b | HK$112.1b | HK$25.2b | 18.3x | 19.2x | 4.3x |
| Wed, 17 Jul 2024 | HK$428.0b | HK$112.0b | HK$24.2b | 15.5x | 17.7x | 3.8x |
| Fri, 14 Jun 2024 | HK$415.6b | HK$112.0b | HK$24.2b | 14.5x | 17.2x | 3.7x |
| Sun, 12 May 2024 | HK$427.8b | HK$112.0b | HK$24.2b | 15.7x | 17.7x | 3.8x |
| Tue, 09 Apr 2024 | HK$409.3b | HK$112.0b | HK$24.2b | 15.1x | 16.9x | 3.7x |
| Thu, 07 Mar 2024 | HK$425.9b | HK$112.2b | HK$23.4b | 14.6x | 18.2x | 3.8x |
| Sat, 03 Feb 2024 | HK$424.4b | HK$121.5b | HK$27.5b | 14.6x | 15.4x | 3.5x |
| Mon, 01 Jan 2024 | HK$411.6b | HK$121.5b | HK$27.5b | 14x | 14.9x | 3.4x |
| Wed, 29 Nov 2023 | HK$375.5b | HK$121.4b | HK$27.5b | 12.8x | 13.6x | 3.1x |
| Fri, 27 Oct 2023 | HK$354.3b | HK$121.3b | HK$27.5b | 12.3x | 12.9x | 2.9x |
| Sun, 24 Sep 2023 | HK$369.6b | HK$121.4b | HK$27.5b | 12.9x | 13.4x | 3x |
| Tue, 22 Aug 2023 | HK$370.6b | HK$120.9b | HK$27.5b | 12.8x | 13.5x | 3.1x |
| Thu, 20 Jul 2023 | HK$386.1b | HK$124.6b | HK$17.6b | 13.7x | 21.9x | 3.1x |
| Sat, 17 Jun 2023 | HK$384.2b | HK$124.7b | HK$17.6b | 13.9x | 21.8x | 3.1x |
| Mon, 15 May 2023 | HK$414.5b | HK$124.8b | HK$17.6b | 15.1x | 23.5x | 3.3x |
| Wed, 12 Apr 2023 | HK$392.0b | HK$124.9b | HK$17.6b | 14.4x | 22.2x | 3.1x |
| Fri, 10 Mar 2023 | HK$388.3b | HK$124.8b | HK$19.6b | 13.9x | 19.8x | 3.1x |
Price to Earnings Ratio
19.8x
Current Industry PE
- Investors are optimistic on the Hong Kong Electric Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.5x which is higher than its 3-year average PE of 17.2x.
- The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have grown 13% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.4% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Hong Kong Utilities industry?
| HK Market | 0.15% | |
| Utilities | 1.68% | |
| Electric Utilities | 0.82% | |
| Electric Utilities | 0.82% | |
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 | |
|---|---|---|---|---|---|
| 1038 CK Infrastructure Holdings | HK$65.75 | 1.8% +HK$2.9b | 25.7% | PE20.3x | |
| 6 Power Assets Holdings | HK$62.80 | 1.3% +HK$1.7b | 21.6% | PE21.7x | |
| 1713 Sichuan Energy Investment Development | HK$2.55 | 2.0% +HK$53.7m | 17.0% | PE5.9x | |
| 1671 Tianjin Tianbao Energy | HK$0.78 | 32.2% +HK$30.4m | 79.3% | PE8.7x |
