DB:XT2A

Stock Analysis Report

CCT Fortis Holdings

Executive Summary

CCT Fortis Holdings Limited, an investment holding company, invests in, develops, and trades in real estate properties.

Snowflake

Fundamentals

Fair value with limited growth.

Risks

  • CCT Fortis Holdings is not covered by any analysts.

Share Price & News

How has CCT Fortis Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.4%

DB:XT2A

2.4%

DE Industrials

0.8%

DE Market


1 Year Return

-23.8%

DB:XT2A

-15.9%

DE Industrials

-10.9%

DE Market

XT2A underperformed the Industrials industry which returned -15.9% over the past year.

XT2A underperformed the Market in Germany which returned -10.9% over the past year.


Share holder returns

XT2AIndustryMarket
7 Day-1.4%2.4%0.8%
30 Day-6.4%-9.9%-5.0%
90 Day-8.1%-11.1%-2.9%
1 Year-19.9%-23.8%-13.0%-15.9%-8.1%-10.9%
3 Year-33.7%-45.7%2.1%-7.0%10.4%0.9%
5 Year5.7%-25.6%24.2%5.3%25.5%8.1%

Price Volatility Vs. Market

How volatile is CCT Fortis Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CCT Fortis Holdings undervalued based on future cash flows and its price relative to the stock market?

15.96x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for CCT Fortis Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for CCT Fortis Holdings to establish if it is available at substantial discount.


Price Based on Earnings

CCT Fortis Holdings is good value based on earnings compared to the Europe Industrials industry average.

CCT Fortis Holdings is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for CCT Fortis Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

CCT Fortis Holdings is good value based on assets compared to the Europe Industrials industry average.


Next Steps

Future Growth

How is CCT Fortis Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if CCT Fortis Holdings is high growth as no revenue estimate data is available.

CCT Fortis Holdings's earnings are expected to grow by 18.4% yearly, however this is not considered high growth (20% yearly).

Unable to compare CCT Fortis Holdings's revenue growth to the Germany market average as no estimate data is available.

CCT Fortis Holdings's earnings growth is expected to exceed the Germany market average.

CCT Fortis Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if CCT Fortis Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has CCT Fortis Holdings performed over the past 5 years?

-20.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

CCT Fortis Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

CCT Fortis Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

CCT Fortis Holdings's 1-year earnings growth is negative, it can't be compared to the Europe Industrials industry average.


Return on Equity

CCT Fortis Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

CCT Fortis Holdings used its assets less efficiently than the Europe Industrials industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if CCT Fortis Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is CCT Fortis Holdings's financial position?


Financial Position Analysis

CCT Fortis Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

CCT Fortis Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

CCT Fortis Holdings's level of debt (61.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (57.4% vs 61.2% today).

Debt is not well covered by operating cash flow (3.6%, less than 20% of total debt).

Unable to confirm if the interest payments on CCT Fortis Holdings's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1x debt.


Next Steps

Dividend

What is CCT Fortis Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate CCT Fortis Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate CCT Fortis Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as CCT Fortis Holdings has not reported any payouts.

Unable to verify if CCT Fortis Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as CCT Fortis Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of CCT Fortis Holdings's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average management tenure


CEO

Clement Mak (65yo)

25.6yrs

Tenure

HK$10,000,000

Compensation

Mr. Shiu Tong Mak, also known as Clement, has been Chairman, Chief Executive Officer and President of China Pacific, Inc. since May 1994 and CCT Land Holdings Limited since August 2002. Mr. Mak has been Ch ...


CEO Compensation Analysis

Clement's remuneration is higher than average for companies of similar size in Germany.

Clement's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.9yrs

Average Tenure

61yo

Average Age

The tenure for the CCT Fortis Holdings management team is about average.


Board Age and Tenure

16.7yrs

Average Tenure

65yo

Average Age

The average tenure for the CCT Fortis Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyHK$25,12028 Jan 19
Ngai Hung Tam
EntityIndividual
Role
Vice Chairman
Deputy Chairman
Shares300,000
Max PriceHK$0.084
BuyHK$16325 Jan 19
Ngai Hung Tam
EntityIndividual
Role
Vice Chairman
Deputy Chairman
Shares2,000
Max PriceHK$0.082
BuyHK$71,95825 Jan 19
Ngai Hung Tam
EntityIndividual
Role
Vice Chairman
Deputy Chairman
Shares876,000
Max PriceHK$0.082
BuyHK$16,79325 Jan 19
Ngai Hung Tam
EntityIndividual
Role
Vice Chairman
Deputy Chairman
Shares202,000
Max PriceHK$0.083
BuyHK$80905 Nov 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares10,000
Max PriceHK$0.081
BuyHK$79502 Nov 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares10,000
Max PriceHK$0.08
BuyHK$3,21301 Nov 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares40,000
Max PriceHK$0.08
BuyHK$19,94831 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares252,000
Max PriceHK$0.079
BuyHK$20,13030 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares248,000
Max PriceHK$0.081
BuyHK$3,60229 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares44,000
Max PriceHK$0.082
BuyHK$6,31429 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares78,000
Max PriceHK$0.081
BuyHK$1,66125 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares20,000
Max PriceHK$0.083
BuyHK$6,39424 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares78,000
Max PriceHK$0.082
BuyHK$14,00623 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares170,000
Max PriceHK$0.082
BuyHK$18,76022 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares230,000
Max PriceHK$0.082
BuyHK$5,70719 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares70,000
Max PriceHK$0.082
BuyHK$8,33618 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares100,000
Max PriceHK$0.083
BuyHK$12,40518 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares150,000
Max PriceHK$0.083
BuyHK$7,43218 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares90,000
Max PriceHK$0.083
BuyHK$4,19712 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares50,000
Max PriceHK$0.084
BuyHK$3,44010 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares40,000
Max PriceHK$0.086
BuyHK$7,20310 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares84,000
Max PriceHK$0.086
BuyHK$15,21310 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares178,000
Max PriceHK$0.085
BuyHK$5,11210 Oct 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares60,000
Max PriceHK$0.085
BuyHK$4,26127 Sep 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares50,000
Max PriceHK$0.085
BuyHK$8,11826 Sep 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares94,000
Max PriceHK$0.086
BuyHK$5,14519 Sep 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares60,000
Max PriceHK$0.086
BuyHK$14,95914 Sep 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares174,000
Max PriceHK$0.086
BuyHK$28,61413 Sep 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares330,000
Max PriceHK$0.087
BuyHK$25,34204 Sep 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares280,000
Max PriceHK$0.091
BuyHK$21,92803 Sep 18
Shiu Tong Mak
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares240,000
Max PriceHK$0.091

Ownership Breakdown


Management Team

  • Clement Mak (65yo)

    Executive Chairman & CEO

    • Tenure: 25.6yrs
    • Compensation: HK$10.00m
  • Flora Cheng (65yo)

    Executive Director

    • Tenure: 21.5yrs
    • Compensation: HK$2.00m
  • Terry Tam (65yo)

    Deputy Chairman

    • Tenure: 13.7yrs
    • Compensation: HK$3.00m
  • Patrick Cheung (48yo)

    Group Financial Controller

    • Tenure: 0.0yrs
  • Ka Chai Chan (54yo)

    General Counsel

    • Tenure: 3.9yrs
  • John Brian Newman (50yo)

    Chief Operating Officer of Blackbird Automotive

    • Tenure: 0.0yrs
  • TK Mak (39yo)

    Chief Executive Officer of The Blackbird Automotive Group

    • Tenure: 0.0yrs
  • Muk Hing Chan (64yo)

    Managing Director of AHM

    • Tenure: 3.4yrs
  • Ka Kam Au (61yo)

    Managing Director of Hip Hing Loong Metal Works Limited

    • Tenure: 3.1yrs

Board Members

  • Clement Mak (65yo)

    Executive Chairman & CEO

    • Tenure: 25.6yrs
    • Compensation: HK$10.00m
  • Siu Ngor Chow (63yo)

    Independent Non-Executive Director

    • Tenure: 6.4yrs
  • Flora Cheng (65yo)

    Executive Director

    • Tenure: 21.5yrs
    • Compensation: HK$2.00m
  • Terry Tam (65yo)

    Deputy Chairman

    • Tenure: 13.7yrs
    • Compensation: HK$3.00m
  • Kenny Tam (70yo)

    Independent Non-Executive Director

    • Tenure: 19.7yrs
    • Compensation: HK$240.00m
  • Li Chen (54yo)

    Independent Non-Executive Director

    • Tenure: 11.5yrs
    • Compensation: HK$240.00m

Company Information

CCT Fortis Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CCT Fortis Holdings Limited
  • Ticker: XT2A
  • Exchange: DB
  • Founded:
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: HK$541.329m
  • Listing Market Cap: HK$61.958m
  • Shares outstanding: 873.11m
  • Website: https://www.cct-fortis.com

Number of Employees


Location

  • CCT Fortis Holdings Limited
  • CCT Telecom Building
  • 18th Floor
  • Shatin
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XT2ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 1992
138SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 1992

Biography

CCT Fortis Holdings Limited, an investment holding company, invests in, develops, and trades in real estate properties. Its property portfolio comprises residential houses, retail properties and shops, off ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 20:32
End of Day Share Price2019/08/23 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.