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Emperor Entertainment Hotel

DB:EM7A
Snowflake Description

Flawless balance sheet, undervalued and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EM7A
DB
HK$2B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Emperor Entertainment Hotel Limited, an investment holding company, provides entertainment and hospitality services. The last earnings update was 3 days ago. More info.


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EM7A Share Price and Events
7 Day Returns
3.4%
DB:EM7A
0.1%
DE Hospitality
-3.6%
DE Market
1 Year Returns
-5.8%
DB:EM7A
-52.1%
DE Hospitality
-11.8%
DE Market
EM7A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Emperor Entertainment Hotel (EM7A) 3.4% -2.5% -10.3% -5.8% -15.6% -
DE Hospitality 0.1% -9.6% -10.1% -52.1% -29% -25.2%
DE Market -3.6% -2.1% -0.8% -11.8% 12% 5.8%
1 Year Return vs Industry and Market
  • EM7A outperformed the Hospitality industry which returned -52.1% over the past year.
  • EM7A outperformed the Market in Germany which returned -11.8% over the past year.
Price Volatility
EM7A
Industry
5yr Volatility vs Market

Value

 Is Emperor Entertainment Hotel undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Emperor Entertainment Hotel to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Emperor Entertainment Hotel.

DB:EM7A Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:EM7A
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.921 (1 + (1- 25%) (2.35%))
0.958
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.958 * 6.65%)
6.6%

Discounted Cash Flow Calculation for DB:EM7A using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Emperor Entertainment Hotel is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:EM7A DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 6.6%)
2019 470.69 Est @ 2.85% 441.57
2020 480.42 Est @ 2.07% 422.80
2021 487.69 Est @ 1.51% 402.64
2022 493.20 Est @ 1.13% 381.98
2023 497.43 Est @ 0.86% 361.42
2024 500.76 Est @ 0.67% 341.32
2025 503.45 Est @ 0.54% 321.92
2026 505.68 Est @ 0.44% 303.34
2027 507.60 Est @ 0.38% 285.64
2028 509.30 Est @ 0.33% 268.86
Present value of next 10 years cash flows HK$3,531.48
DB:EM7A DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$509.30 × (1 + 0.23%) ÷ (6.6% – 0.23%)
HK$8,014.99
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$8,014.99 ÷ (1 + 6.6%)10
HK$4,231.18
DB:EM7A Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$3,531.48 + HK$4,231.18
HK$7,762.67
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$7,762.67 / 1,250.79
HK$6.21
DB:EM7A Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:EM7A represents 0.10803x of SEHK:296
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.10803x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 6.21 x 0.10803
€0.67
Value per share (EUR) From above. €0.67
Current discount Discount to share price of €0.17
= -1 x (€0.17 - €0.67) / €0.67
74.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Emperor Entertainment Hotel is available for.
Intrinsic value
>50%
Share price is €0.1696 vs Future cash flow value of €0.67043
Current Discount Checks
For Emperor Entertainment Hotel to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Emperor Entertainment Hotel's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Emperor Entertainment Hotel's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Emperor Entertainment Hotel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Emperor Entertainment Hotel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:EM7A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.29
SEHK:296 Share Price ** SEHK (2019-06-14) in HKD HK$1.57
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.98x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Emperor Entertainment Hotel.

DB:EM7A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:296 Share Price ÷ EPS (both in HKD)

= 1.57 ÷ 0.29

5.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Emperor Entertainment Hotel is good value based on earnings compared to the DE Hospitality industry average.
  • Emperor Entertainment Hotel is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Emperor Entertainment Hotel's expected growth come at a high price?
Raw Data
DB:EM7A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
23%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.31x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Emperor Entertainment Hotel, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Emperor Entertainment Hotel's assets?
Raw Data
DB:EM7A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$3.64
SEHK:296 Share Price * SEHK (2019-06-14) in HKD HK$1.57
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.06x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:EM7A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:296 Share Price ÷ Book Value per Share (both in HKD)

= 1.57 ÷ 3.64

0.43x

* Primary Listing of Emperor Entertainment Hotel.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Emperor Entertainment Hotel is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Emperor Entertainment Hotel's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Emperor Entertainment Hotel has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Emperor Entertainment Hotel expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Emperor Entertainment Hotel, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Emperor Entertainment Hotel expected to grow at an attractive rate?
  • Emperor Entertainment Hotel's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Emperor Entertainment Hotel's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Emperor Entertainment Hotel's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:EM7A Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:EM7A Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 23%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:EM7A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:EM7A Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,381 367
2018-12-31 1,422 386
2018-09-30 1,462 479 404
2018-06-30 1,480 493 399
2018-03-31 1,498 507 394
2017-12-31 1,515 541 377
2017-09-30 1,531 574 360
2017-06-30 1,572 570 353
2017-03-31 1,613 566 346
2016-12-31 1,623 535 298
2016-09-30 1,632 503 250
2016-06-30 1,677 554 253

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Emperor Entertainment Hotel's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Emperor Entertainment Hotel is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:EM7A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Emperor Entertainment Hotel Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EM7A Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.29
2018-12-31 0.30
2018-09-30 0.31
2018-06-30 0.31
2018-03-31 0.30
2017-12-31 0.29
2017-09-30 0.28
2017-06-30 0.27
2017-03-31 0.27
2016-12-31 0.23
2016-09-30 0.19
2016-06-30 0.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Emperor Entertainment Hotel will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Emperor Entertainment Hotel's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Emperor Entertainment Hotel has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Emperor Entertainment Hotel performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Emperor Entertainment Hotel's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Emperor Entertainment Hotel's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Emperor Entertainment Hotel's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Emperor Entertainment Hotel's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Emperor Entertainment Hotel's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Emperor Entertainment Hotel Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EM7A Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,381.34 367.49 573.37
2018-12-31 1,421.58 385.70 567.99
2018-09-30 1,461.82 403.91 562.62
2018-06-30 1,480.08 398.74 568.56
2018-03-31 1,498.35 393.57 574.50
2017-12-31 1,514.58 376.76 577.58
2017-09-30 1,530.80 359.95 580.66
2017-06-30 1,571.99 353.22 601.42
2017-03-31 1,613.18 346.49 622.18
2016-12-31 1,622.66 298.16 632.84
2016-09-30 1,632.14 249.82 643.50
2016-06-30 1,676.59 253.02 634.36
2016-03-31 1,721.04 256.22 625.22
2015-12-31 1,787.78 304.16 642.15
2015-09-30 1,854.51 352.10 659.09
2015-06-30 1,944.65 428.19 700.16
2015-03-31 2,034.79 504.28 741.24
2014-12-31 2,127.21 544.83 785.34
2014-09-30 2,219.62 585.39 829.44
2014-06-30 2,242.55 592.70 836.53
2014-03-31 2,265.48 600.01 843.62
2013-12-31 2,244.04 597.60 818.83
2013-09-30 2,222.61 595.19 794.04
2013-06-30 2,125.45 571.91 752.57
2013-03-31 2,028.29 548.63 711.10
2012-12-31 1,955.36 531.30 688.17
2012-09-30 1,882.43 513.98 665.23
2012-06-30 1,832.75 489.73 667.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Emperor Entertainment Hotel has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Emperor Entertainment Hotel used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Emperor Entertainment Hotel's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Emperor Entertainment Hotel's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Emperor Entertainment Hotel has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Emperor Entertainment Hotel's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Emperor Entertainment Hotel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Emperor Entertainment Hotel is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Emperor Entertainment Hotel's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Emperor Entertainment Hotel's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 72.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Emperor Entertainment Hotel Company Filings, last reported 2 months ago.

DB:EM7A Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5,568.17 46.20 3,035.59
2018-12-31 5,568.17 46.20 3,035.59
2018-09-30 5,913.13 0.00 3,477.11
2018-06-30 5,913.13 0.00 3,477.11
2018-03-31 5,876.80 107.60 3,734.14
2017-12-31 5,876.80 107.60 3,734.14
2017-09-30 5,568.71 448.20 4,091.68
2017-06-30 5,568.71 448.20 4,091.68
2017-03-31 5,478.58 590.60 3,961.83
2016-12-31 5,478.58 590.60 3,961.83
2016-09-30 5,203.45 614.70 3,706.28
2016-06-30 5,203.45 614.70 3,706.28
2016-03-31 5,123.38 639.60 2,890.28
2015-12-31 5,123.38 639.60 2,890.28
2015-09-30 4,992.52 661.80 1,924.66
2015-06-30 4,992.52 661.80 1,924.66
2015-03-31 4,914.33 695.87 674.04
2014-12-31 4,914.33 695.87 674.04
2014-09-30 4,658.04 706.00 791.11
2014-06-30 4,658.04 706.00 791.11
2014-03-31 4,382.36 1,092.89 425.40
2013-12-31 4,382.36 1,092.89 425.40
2013-09-30 3,966.91 186.00 477.01
2013-06-30 3,966.91 186.00 477.01
2013-03-31 3,623.22 226.00 2,028.50
2012-12-31 3,623.22 226.00 2,028.50
2012-09-30 3,250.27 220.43 1,723.52
2012-06-30 3,250.27 220.43 1,723.52
  • Emperor Entertainment Hotel's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (24.8% vs 0.8% today).
  • Debt is well covered by operating cash flow (1036.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 1548.7x coverage).
X
Financial health checks
We assess Emperor Entertainment Hotel's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Emperor Entertainment Hotel has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Emperor Entertainment Hotel's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.22%
Current annual income from Emperor Entertainment Hotel dividends.
If you bought €2,000 of Emperor Entertainment Hotel shares you are expected to receive €104 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Emperor Entertainment Hotel's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Emperor Entertainment Hotel's dividend is above the markets top 25% of dividend payers in Germany (3.91%).
Upcoming dividend payment

Purchase Emperor Entertainment Hotel before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:EM7A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:EM7A Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-06-12 0.082 5.291
2018-06-20 0.083 5.245
2017-11-22 0.083 4.816
2017-07-10 0.082 4.230
2017-06-21 0.082 4.322
2016-11-16 0.077 4.203
2016-07-11 0.080 4.258
2016-06-22 0.080 4.387
2015-07-10 0.110 7.092
2015-06-24 0.110 6.290
2014-11-25 0.125 6.767
2014-07-02 0.135 5.506
2014-06-18 0.135 4.685
2013-07-03 0.125 3.628
2013-06-17 0.125 4.534
2012-11-26 0.113 5.355
2012-06-19 0.103 7.121
2011-11-28 0.093 7.509
2011-06-28 0.090 6.598
2011-01-10 0.088 5.306
2010-06-28 0.096 6.691
2009-12-01 0.050 4.546
2009-06-24 0.018 2.215

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Emperor Entertainment Hotel's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Emperor Entertainment Hotel's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Emperor Entertainment Hotel afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Emperor Entertainment Hotel has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Emperor Entertainment Hotel's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Emperor Entertainment Hotel has no CEO, or we have no data on them.
Management Team

Bryan Wong

TITLE
Executive Director
COMPENSATION
HK$150K
AGE
62

Vanessa Fan

TITLE
Executive Director
COMPENSATION
HK$150K
AGE
55

Anna Luk

TITLE
Group Investor Relations Director

Chui Ying Liu

TITLE
Company Secretary
TENURE
7.9 yrs
Board of Directors Tenure

Average tenure and age of the Emperor Entertainment Hotel board of directors in years:

5.8
Average Tenure
53.5
Average Age
  • The tenure for the Emperor Entertainment Hotel board of directors is about average.
Board of Directors

Semon Luk

TITLE
Chairperson
AGE
62
TENURE
19.4 yrs

Bryan Wong

TITLE
Executive Director
COMPENSATION
HK$150K
AGE
62
TENURE
28.4 yrs

Vanessa Fan

TITLE
Executive Director
COMPENSATION
HK$150K
AGE
55

David Yu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
51
TENURE
5.8 yrs

Susanna Kwan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
51
TENURE
3.8 yrs

May Lai

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
52
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Emperor Entertainment Hotel's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Emperor Entertainment Hotel has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Emperor Entertainment Hotel Limited, an investment holding company, provides entertainment and hospitality services. The company operates through Gaming Operation and Hotel Operation segments. Its flagship project, Grand Emperor Hotel located in Macau, is a gaming hotel that offers various facilities covering restaurants and bars, a business center, a functional venue, a Thai Spa, a sauna house, and a nightclub, as well as VIP rooms, gaming concourses, and slot machines. The Grand Emperor Hotel consists of 67 tables in the gaming concourse; a VIP room with 10 tables; a capacity of 172 slot seats; and 307 guest rooms. The company also operates the Inn Hotel Macau with 287 guest rooms located at Taipa Island, Macau. In addition, it offers travel agency and project financing services; hotel and catering services; and gaming-related marketing, public relation, and promotion services, as well as agency services for gaming operation. The company was formerly known as Emperor (China Concept) Investments Ltd. and changed its name to Emperor Entertainment Hotel Limited in January 2005. The company is headquartered in Wanchai, Hong Kong. Emperor Entertainment Hotel Limited is a subsidiary of Emperor Entertainment Hotel Holdings Limited.

Details
Name: Emperor Entertainment Hotel Limited
EM7A
Exchange: DB
Founded:
HK$223,575,837
1,250,785,983
Website: http://www.emp296.com
Address: Emperor Entertainment Hotel Limited
Emperor Group Centre,
28th Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 296 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 07. Jul 1992
OTCPK EPET.F Ordinary Shares Pink Sheets LLC US USD 07. Jul 1992
DB EM7A Ordinary Shares Deutsche Boerse AG DE EUR 07. Jul 1992
Number of employees
Current staff
Staff numbers
1,143
Emperor Entertainment Hotel employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 21:08
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/06/12
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.