How does HEH's PE Ratio compare to its peers?

HEH is good value based on its Price-To-Earnings Ratio (18x) compared to the peer average (19.9x).

How does HEH's PE Ratio compare vs other companies in the European Electric Utilities Industry?

HEH is expensive based on its Price-To-Earnings Ratio (18x) compared to the European Electric Utilities industry average (12.5x).

What is HEH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HEH is good value based on its Price-To-Earnings Ratio (18x) compared to the estimated Fair Price-To-Earnings Ratio (19.1x).

What is the Fair Price of HEH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HEH (€6.15) is trading above our estimate of [[fair value]] (€1.24)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Power Assets Holdings (DB:HEH) - Stock Price, News & Analysis

HEH Stock Overview

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. More details

HEH fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	4/6
Financial Health	4/6
Dividends	4/6

Rewards

Earnings are forecast to grow 4.68% per year

Earnings grew by 5.5% over the past year

Risk Analysis

Dividend of 5.51% is not well covered by earnings or free cash flows

Power Assets Holdings Limited Competitors

EnBW Energie Baden-Württemberg

XTRA:EBK

€17.3b

Lechwerke

DB:LEC

€2.5b

RWE

XTRA:RWE

€22.9b

E.ON

XTRA:EOAN

€30.2b

Price History & Performance

Summary of all time highs, changes and price drops for Power Assets Holdings
Historical stock prices
Current Share Price	HK$6.15
52 Week High	HK$6.35
52 Week Low	HK$4.60
Beta	0.64
11 Month Change	0.82%
3 Month Change	2.50%
1 Year Change	30.85%
33 Year Change	12.84%
5 Year Change	-2.27%
Change since IPO	120.08%

Recent updates

Shareholder Returns

	HEH	DE Electric Utilities	DE Market
7D	3.4%	1.1%	-0.4%
1Y	30.9%	1.3%	7.1%

Return vs Industry: HEH exceeded the German Electric Utilities industry which returned 1.3% over the past year.

Return vs Market: HEH exceeded the German Market which returned 7.1% over the past year.

Price Volatility

Is HEH's price volatile compared to industry and market?
HEH volatility
HEH Average Weekly Movement	3.3%
Electric Utilities Industry Average Movement	3.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: HEH has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: HEH's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1889	13	Charles Tsai	www.powerassets.com

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.

Power Assets Holdings Limited Fundamentals Summary

How do Power Assets Holdings's earnings and revenue compare to its market cap?
HEH fundamental statistics
Market cap	€13.36b
Earnings (TTM)	€741.60m
Revenue (TTM)	€126.38m

18.0x

P/E Ratio

105.7x

P/S Ratio

Is HEH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEH income statement (TTM)
Revenue	HK$1.03b
Cost of Revenue	HK$0
Gross Profit	HK$1.03b
Other Expenses	-HK$5.02b
Earnings	HK$6.05b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.84
Gross Margin	100.00%
Net Profit Margin	586.81%
Debt/Equity Ratio	3.3%

How did HEH perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

99%

Payout Ratio

HEH Stock Overview

Rewards

Risk Analysis

Power Assets Holdings Limited Competitors

XTRA:EBK

€17.3b

DB:LEC

€2.5b

XTRA:RWE

€22.9b

XTRA:EOAN

€30.2b

Price History & Performance

Recent News & Updates

Upcoming dividend of HK$0.78 per share

First half dividend of HK$0.78 announced

CK Infrastructure Holdings Limited (SEHK:1038), CK Asset Holdings Limited (SEHK:1113) and Power Assets Holdings Limited (SEHK:6) agreed to acquire 32 UK Wind Farms from Aviva Investors Global Services Ltd.

First half 2024 earnings released: EPS: HK$1.41 (vs HK$1.39 in 1H 2023)

Power Assets Holdings Limited to Report Q2, 2024 Results on Aug 14, 2024

Power Assets Holdings Limited to Report Q2, 2024 Results on Aug 13, 2024

Recent updates

Upcoming dividend of HK$0.78 per share

First half dividend of HK$0.78 announced

CK Infrastructure Holdings Limited (SEHK:1038), CK Asset Holdings Limited (SEHK:1113) and Power Assets Holdings Limited (SEHK:6) agreed to acquire 32 UK Wind Farms from Aviva Investors Global Services Ltd.

First half 2024 earnings released: EPS: HK$1.41 (vs HK$1.39 in 1H 2023)

Power Assets Holdings Limited to Report Q2, 2024 Results on Aug 14, 2024

Power Assets Holdings Limited to Report Q2, 2024 Results on Aug 13, 2024

Now 22% undervalued after recent price drop

Power Assets Holdings Limited Approves Final Dividend

Upcoming dividend of HK$2.04 per share

Full year 2023 earnings released: EPS: HK$2.82 (vs HK$2.65 in FY 2022)

Power Assets Holdings Limited Announces Board and Committee Changes with Effect from 1 April 2024

Final dividend of HK$2.04 announced

Power Assets Holdings Limited, Annual General Meeting, May 22, 2024

Full year 2023 earnings released: EPS: HK$2.82 (vs HK$2.65 in FY 2022)

Power Assets Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable 11 June 2024

Now 21% undervalued

Power Assets Holdings Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

Now 20% undervalued

Now 20% undervalued

Upcoming dividend of HK$0.78 per share at 7.3% yield

First half 2023 earnings released: EPS: HK$1.39 (vs HK$1.35 in 1H 2022)

Power Assets Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable 12 September 2023

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Power Assets Holdings Limited Announces Board Changes

Upcoming dividend of HK$2.04 per share at 6.1% yield

Full year 2022 earnings released: EPS: HK$2.65 (vs HK$2.88 in FY 2021)

Upcoming dividend of HK$0.78 per share

First half 2022 earnings released: EPS: HK$1.35 (vs HK$1.18 in 1H 2021)

Assets Holdings Limited Declares Interim Dividend for the Six Months Ended June 30, 2022, Payable on 14 September 2022

Power Assets Holdings Limited to Report First Half, 2022 Results on Aug 03, 2022

Upcoming dividend of HK$2.04 per share

Power Assets Holdings Limited, Annual General Meeting, May 18, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Power Assets Holdings Limited to Report Fiscal Year 2021 Results on Mar 16, 2022

Upcoming dividend of HK$0.78 per share

First half 2021 earnings released: EPS HK$1.18 (vs HK$1.06 in 1H 2020)

Non-Executive Director recently bought €590k worth of stock

Power Assets Holdings Limited Declares Final Dividend

Upcoming dividend of HK$2.04 per share

Full year 2020 earnings released: EPS HK$2.87 (vs HK$3.34 in FY 2019)

Full year 2020 earnings released: EPS HK$2.87 (vs HK$3.34 in FY 2019)

Power Assets Holdings Limited Recommends Final Dividend, Payable on 1 June 2021

Power Assets Holdings Limited to Report Fiscal Year 2020 Results on Mar 17, 2021

New 90-day high: €4.60

New 90-day low: €4.26

New 90-day low: €4.40

New 90-day low - €4.48

First half earnings released

Ventient Energy Sàrl enter into a Quota Sale and Purchase Agreement to acquire Portugal Renewable Energy from CK Infrastructure Holdings Limited (SEHK:1038) and Power Assets Holdings Limited (SEHK:6)

First half earnings released

New 90-day low - €4.50

Power Assets Holdings Limited to Report First Half, 2020 Results on Aug 05, 2020

New 90-day low - €4.68

Shareholder Returns

Price Volatility

About the Company

Power Assets Holdings Limited Fundamentals Summary

18.0x