1408 Stock Overview
Macau E&M Holding Limited, an investment holding company, provides electrical and mechanical engineering contract works in Macau.
Macau E&M Holding Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.28|
|52 Week High||HK$0.43|
|52 Week Low||HK$0.21|
|1 Month Change||-12.50%|
|3 Month Change||-20.00%|
|1 Year Change||-12.50%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-90.21%|
Recent News & Updates
A Look At The Fair Value Of Macau E&M Holding Limited (HKG:1408)
In this article we are going to estimate the intrinsic value of Macau E&M Holding Limited ( HKG:1408 ) by taking the...
|1408||HK Construction||HK Market|
Return vs Industry: 1408 matched the Hong Kong Construction industry which returned -12.5% over the past year.
Return vs Market: 1408 exceeded the Hong Kong Market which returned -20.5% over the past year.
|1408 Average Weekly Movement||9.9%|
|Construction Industry Average Movement||6.9%|
|Market Average Movement||6.6%|
|10% most volatile stocks in HK Market||12.9%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 1408 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 1408's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
|2011||56||Ka Wo Cheong||https://www.macauem.com|
Macau E&M Holding Limited, an investment holding company, provides electrical and mechanical engineering contract works in Macau. The company engages in the supply, installation, maintenance, and repair of low voltage systems; heating, ventilation, and air-conditioning systems; and extra low voltage system works, as well as provides related testing and commissioning services. It also offers management and monitoring services; and repair and maintenance service for property and hospitality facilities.
Macau E&M Holding Fundamentals Summary
|1408 fundamental statistics|
Is 1408 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1408 income statement (TTM)|
|Cost of Revenue||MO$141.06m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.052|
|Net Profit Margin||14.22%|
How did 1408 perform over the long term?See historical performance and comparison
7.2%Current Dividend Yield
Is 1408 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1408?
Other financial metrics that can be useful for relative valuation.
|What is 1408's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 1408's PE Ratio compare to its peers?
|1408 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1420 Chuan Holdings
6038 G & M Holdings
3789 Royal Deluxe Holdings
1793 Wecon Holdings
1408 Macau E&M Holding
Price-To-Earnings vs Peers: 1408 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (14.1x).
Price to Earnings Ratio vs Industry
How does 1408's PE Ratio compare vs other companies in the HK Construction Industry?
Price-To-Earnings vs Industry: 1408 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the Hong Kong Construction industry average (11.1x)
Price to Earnings Ratio vs Fair Ratio
What is 1408'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.
|Current PE Ratio||5.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1408's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 1408 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1408 (HK$0.28) is trading below our estimate of fair value (HK$0.48)
Significantly Below Fair Value: 1408 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Macau E&M Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Macau E&M Holding 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.
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- Examine whether Macau E&M Holding is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Macau E&M Holding competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Macau E&M Holding performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1408 has high quality earnings.
Growing Profit Margin: 1408's current net profit margins (14.2%) are higher than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: 1408's earnings have declined by 2.6% per year over the past 5 years.
Accelerating Growth: 1408's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1408 had negative earnings growth (-1.6%) over the past year, making it difficult to compare to the Construction industry average (-13.2%).
Return on Equity
High ROE: 1408's Return on Equity (11.1%) is considered low.
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How is Macau E&M Holding's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1408's short term assets (MOP259.1M) exceed its short term liabilities (MOP37.8M).
Long Term Liabilities: 1408's short term assets (MOP259.1M) exceed its long term liabilities (MOP693.0K).
Debt to Equity History and Analysis
Debt Level: 1408 is debt free.
Reducing Debt: 1408 has not had any debt for past 5 years.
Debt Coverage: 1408 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1408 has no debt, therefore coverage of interest payments is not a concern.
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What is Macau E&M Holding current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1408's dividend (7.25%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.88%).
High Dividend: 1408's dividend (7.25%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.38%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 1408's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 1408's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 1408's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.9%), 1408's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ka Wo Cheong (42 yo)
Mr. Ka Wo Cheong is the Co-Founder, Chairman and Chief Executive Officer of Macau E&M Holding Ltd. and a Director of all of Macau E&M Holding Ltd.’s subsidiaries. He has been Director at Macau E&M Holding...
Experienced Management: 1408's management team is seasoned and experienced (6.6 years average tenure).
Experienced Board: 1408's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Macau E&M Holding Limited's employee growth, exchange listings and data sources
- Name: Macau E&M Holding Limited
- Ticker: 1408
- Exchange: SEHK
- Founded: 2011
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: HK$140.000m
- Shares outstanding: 500.00m
- Website: https://www.macauem.com
Number of Employees
- Macau E&M Holding Limited
- Estrada Marginal do Hipodromo
- 13 Andar D
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/06 00:00|
|End of Day Share Price||2022/08/05 00:00|
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.