CCT Fortis Holdings (SEHK:138) - Share price, News & Analysis

138 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

138 Overview

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

Risk Analysis

Earnings have declined by 80.6% per year over past 5 years

Debt is not well covered by operating cash flow

Does not have a meaningful market cap (HK$163M)

Price History & Performance

Summary of all time highs, changes and price drops for CCT Fortis Holdings
Historical stock prices
Current Share Price	HK$0.19
52 Week High	HK$0.17
52 Week Low	HK$0.32
Beta	0.57
1 Month Change	-1.06%
3 Month Change	-4.10%
1 Year Change	-25.20%
3 Year Change	-74.03%
5 Year Change	-82.52%
Change since IPO	-99.58%

Recent News & Updates

Apr 01

Does CCT Fortis Holdings (HKG:138) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

	138	HK Industrials	HK Market
7D	-1.6%	-0.9%	-0.5%
1Y	-25.2%	18.8%	6.3%

Return vs Industry: 138 underperformed the Hong Kong Industrials industry which returned 17.5% over the past year.

Return vs Market: 138 underperformed the Hong Kong Market which returned 6.7% over the past year.

Price Volatility

Is 138's price volatile compared to industry and market?
138 volatility
138 Beta	0.57
Industry Beta	0.84
Market Beta	1

Stable Share Price: 138 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 138's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	278	Clement Mak	https://www.cct-fortis.com

CCT Fortis Holdings Limited, an investment holding company, invests in, develops, and trades in real estate properties. The company operates through Property Development and Trading; Property Investment and Holding; Securities Business; Ferrari Dealership Business; Classic Cars Trading and Logistics; Investment in Classic Cars; Film Operations; Stage Audio, Lighting, and Engineering Operations; and Other Operations segments. Its property portfolio comprises residential properties, retail properties and shops, commercial and industrial properties, and car parks.

CCT Fortis Holdings Fundamentals Summary

How do CCT Fortis Holdings's earnings and revenue compare to its market cap?
138 fundamental statistics
Market Cap	HK$163.27m
Earnings (TTM)	-HK$510.00m
Revenue (TTM)	HK$594.00m

0.3x

P/S Ratio

-0.3x

P/E Ratio

Is 138 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
138 income statement (TTM)
Revenue	HK$594.00m
Cost of Revenue	HK$519.00m
Gross Profit	HK$75.00m
Expenses	HK$585.00m
Earnings	-HK$510.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.58
Gross Margin	12.63%
Net Profit Margin	-85.86%
Debt/Equity Ratio	95.3%

How did 138 perform over the long term?

See historical performance and comparison

Valuation

Is CCT Fortis Holdings undervalued compared to its fair value and its price relative to the market?

0.079x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 138's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 138's fair value to establish if it is undervalued.

Price To Earnings Ratio

PE vs Industry: 138 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Industrials industry average.

PE vs Market: 138 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 138's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 138 is good value based on its PB Ratio (0.1x) compared to the HK Industrials industry average (0.4x).

Future Growth

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

5.7%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CCT Fortis Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

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

-80.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 138 is currently unprofitable.

Growing Profit Margin: 138 is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: 138 is unprofitable, and losses have increased over the past 5 years at a rate of 80.6% per year.

Accelerating Growth: Unable to compare 138's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 138 is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (53.2%).

Return on Equity

High ROE: 138 has a negative Return on Equity (-24.77%), as it is currently unprofitable.

Financial Health

How is CCT Fortis Holdings's financial position?

Financial Position Analysis

Short Term Liabilities: 138's short term assets (HK$1.7B) exceed its short term liabilities (HK$701.0M).

Long Term Liabilities: 138's short term assets (HK$1.7B) exceed its long term liabilities (HK$1.7B).

Debt to Equity History and Analysis

Debt Level: 138's debt to equity ratio (95.3%) is considered high.

Reducing Debt: 138's debt to equity ratio has increased from 47.9% to 95.3% over the past 5 years.

Debt Coverage: 138's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 138's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

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

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 138's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 138's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 138's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 138's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: 138 is not paying a notable dividend for the Hong Kong market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 138's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.

Next Steps

Explore strong dividend paying companies in the Capital Goods industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure

CEO

Clement Mak (67 yo)

27.75yrs

Tenure

HK$8,000,000

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 GBA Holdings Limited (formerly known as Greater Bay Area Investm...

CEO Compensation Analysis

Compensation vs Market: Clement's total compensation ($USD1.03M) is above average for companies of similar size in the Hong Kong market ($USD227.69K).

Compensation vs Earnings: Clement's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: 138's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Experienced Board: 138's board of directors are seasoned and experienced ( 18.8 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2021/10/26 16:08
End of Day Share Price	2021/10/26 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data