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Hong Kong (HSI) Water Utilities Industry Analysis
UpdatedDec 07, 2021
DataAggregated Company Financials
Companies12
- 7D-1.9%
- 3M-8.8%
- 1Y-11.4%
- YTD-17.4%
Over the last 7 days, the Water Utilities industry has dropped 1.9%, driven by a pullback from Guangdong Investment of 3.4%. However, the industry is down 11% over the past year.
Industry Valuation and Performance
Has the Hong Kong Water Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 09 Dec 2021 | HK$118.0b | HK$91.5b | HK$13.5b | 4.3x |
| Sat, 06 Nov 2021 | HK$114.7b | HK$90.1b | HK$13.3b | 4.5x |
| Mon, 04 Oct 2021 | HK$121.0b | HK$88.0b | HK$12.8b | 4.8x |
| Wed, 01 Sep 2021 | HK$125.7b | HK$88.4b | HK$12.8b | 5.3x |
| Thu, 08 Jul 2021 | HK$121.9b | HK$88.4b | HK$12.8b | 5.2x |
| Wed, 31 Mar 2021 | HK$131.9b | HK$86.3b | HK$12.6b | 5.4x |
| Sat, 02 Jan 2021 | HK$141.2b | HK$81.9b | HK$12.1b | 5.1x |
| Tue, 06 Oct 2020 | HK$128.4b | HK$77.5b | HK$12.1b | 6.9x |
| Fri, 10 Jul 2020 | HK$135.1b | HK$74.7b | HK$12.1b | 5.9x |
| Thu, 02 Apr 2020 | HK$146.6b | HK$71.6b | HK$12.6b | 6.5x |
| Sun, 05 Jan 2020 | HK$166.3b | HK$72.1b | HK$13.4b | 5.8x |
| Wed, 09 Oct 2019 | HK$159.4b | HK$66.5b | HK$12.6b | 6.7x |
| Tue, 02 Jul 2019 | HK$170.6b | HK$64.8b | HK$12.7b | 7.5x |
| Fri, 05 Apr 2019 | HK$172.8b | HK$63.1b | HK$12.6b | 8.2x |
| Mon, 07 Jan 2019 | HK$161.1b | HK$61.1b | HK$12.0b | 7.6x |
PE Ratio
7.6x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 6.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Water Utilities industry have grown 4.0% per year over the last three years, and revenues for these companies have grown 14% 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 Water Utilities industry?
| Water | -1.94% | |
Industry PE: Investors are most optimistic about the Water industry even though it's trading below its 3-year average PE ratio of 6.3x. However analysts are expecting annual earnings growth of 6.6%, which is lower than the prior year's growth of 17% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Water industry, expecting annual earnings growth of 6.6% over the next 5 years. However this is lower than its past earnings growth rate of 17% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 371 Beijing Enterprises Water Group | 0.7%+HK$202.7m | -4.5% | PE7x | |
| 1395 ELL Environmental Holdings | 15.2%+HK$18.8m | 53.6% | PS2.2x | |
| 646 China Environmental Technology Holdings | 8.8%+HK$5.5m | -26.2% | PS1.2x |
