SEHK:1547

Stock Analysis Report

Executive Summary

IBI Group Holdings Limited, a building contractor, provides renovation services for property projects in the private sector in Hong Kong and Macau.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-3.9%

1547

0.6%

HK Construction

0.3%

HK Market


1 Year Return

-23.7%

1547

-14.9%

HK Construction

1.3%

HK Market

Return vs Industry: 1547 underperformed the Hong Kong Construction industry which returned -14.9% over the past year.

Return vs Market: 1547 underperformed the Hong Kong Market which returned 1.3% over the past year.


Shareholder returns

1547IndustryMarket
7 Day-3.9%0.6%0.3%
30 Day-7.5%-4.7%0.5%
90 Day-6.3%-10.5%-4.6%
1 Year-18.9%-23.7%-11.1%-14.9%4.9%1.3%
3 Year11.8%-5.1%-25.3%-33.6%15.3%3.7%
5 Yearn/a0.004%-15.1%20.0%-0.006%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is IBI Group Holdings undervalued compared to its fair value and its price relative to the market?

14.2x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1547 (HK$0.37) is trading above our estimate of fair value (HK$0.24)

Significantly Below Fair Value: 1547 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1547 is poor value based on its PE Ratio (14.2x) compared to the Construction industry average (10.3x).

PE vs Market: 1547 is poor value based on its PE Ratio (14.2x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1547's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1547 is overvalued based on its PB Ratio (2.2x) compared to the HK Construction industry average (1.1x).


Next Steps

Future Growth

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

-6.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1547's earnings are forecast to decline over the next 3 years (-6.3% per year).

Earnings vs Market: 1547's earnings are forecast to decline over the next 3 years (-6.3% per year).

High Growth Earnings: 1547's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 1547's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1547's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 1547's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has IBI Group Holdings performed over the past 5 years?

0.04%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1547's earnings have grown by 0.04% per year over the past 5 years.

Accelerating Growth: 1547's earnings growth over the past year (14.7%) exceeds its 5-year average (0.04% per year).

Earnings vs Industry: 1547 earnings growth over the past year (14.7%) exceeded the Construction industry -12.4%.


Return on Equity

High ROE: 1547's Return on Equity (15.6%) is considered low.


Return on Assets

ROA vs Industry: 1547 has a higher Return on Assets than the Construction industry average last year.


Return on Capital Employed

ROCE Improving: 1547's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is IBI Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1547's short term assets (HK$356.5M) exceeds its short term liabilities (HK$223.4M)

Long Term Liabilities: 1547 has no long term liabilities


Debt to Equity History and Analysis

Debt Level: 1547 is debt free.

Reducing Debt: 1547 has no debt compared to 5 years ago when its debt to equity ratio was 162.4%.

Debt Coverage: 1547 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1547 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 1547 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 1547's debt is covered by short term assets.


Next Steps

Dividend

What is IBI Group Holdings's current dividend yield, its reliability and sustainability?

6.76%

Current Dividend Yield


Dividend Yield vs Market

company6.8%marketbottom25%2.3%markettop25%6.2%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 1547's dividend (6.76%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 1547's dividend (6.76%) is in the top 25% of dividend payers in the Hong Kong market (6.18%)

Stable Dividend: 1547 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1547's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (95.9%), 1547's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Neil Howard (48yo)

3.3yrs

Tenure

HK$3,619,000

Compensation

Mr. Neil David Howard has been Chairman, Chief Executive Officer and Executive Director at IBI Group Holdings Limited since June 11, 2016. Mr. Howard is responsible for corporate strategic planning and ove ...


CEO Compensation Analysis

Compensation vs. Market: Neil's total compensation ($USD461.46K) is about average for companies of similar size in the Hong Kong market ($USD215.97K).

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


Management Age and Tenure

3.3yrs

Average Tenure

49.5yo

Average Age

Experienced Management: 1547's management team is considered experienced (3.3 years average tenure).


Board Age and Tenure

3.1yrs

Average Tenure

51yo

Average Age

Experienced Board: 1547's board of directors are considered experienced (3.1 years average tenure).


Insider Trading

Insider Buying: 1547 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyHK$312,44216 Sep 19
Neil Howard
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares792,000
Max PriceHK$0.39
BuyHK$28,44016 Sep 19
Neil Howard
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares72,000
Max PriceHK$0.40
BuyHK$227,29513 Aug 19
Neil Howard
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares584,000
Max PriceHK$0.39
BuyHK$208,55813 Aug 19
Neil Howard
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares528,000
Max PriceHK$0.39
BuyHK$474,71601 Jul 19
Neil Howard
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares1,200,000
Max PriceHK$0.40
BuyHK$269,57924 Dec 18
Steven Smithers
EntityIndividual
Role
Member of the Board of Directors
COO & Executive Director
Shares600,000
Max PriceHK$0.45
BuyHK$198,74824 Dec 18
Steven Smithers
EntityIndividual
Role
Member of the Board of Directors
COO & Executive Director
Shares440,000
Max PriceHK$0.45

Ownership Breakdown


Management Team

  • Neil Howard (48yo)

    Chairman & CEO

    • Tenure: 3.3yrs
    • Compensation: HK$3.62m
  • Steven Smithers (51yo)

    COO & Executive Director

    • Tenure: 3.5yrs
    • Compensation: HK$3.50m
  • Yun Wah Man (36yo)

    Company Secretary

    • Tenure: 3.3yrs
  • Rosanna Chu (52yo)

    Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Neil Howard (48yo)

    Chairman & CEO

    • Tenure: 3.3yrs
    • Compensation: HK$3.62m
  • Steven Smithers (51yo)

    COO & Executive Director

    • Tenure: 3.5yrs
    • Compensation: HK$3.50m
  • Richard Williams (71yo)

    Independent Non-Executive Director

    • Tenure: 3.1yrs
    • Compensation: HK$240.00k
  • Robert Andrews (62yo)

    Independent Non-Executive Director

    • Tenure: 3.1yrs
    • Compensation: HK$240.00k
  • David Kennedy (50yo)

    Independent Non-Executive Director

    • Tenure: 0.3yrs

Company Information

IBI Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: IBI Group Holdings Limited
  • Ticker: 1547
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$288.000m
  • Shares outstanding: 800.00m
  • Website: https://www.ibi.com.hk

Number of Employees


Location

  • IBI Group Holdings Limited
  • Bangkok Bank Building
  • 3rd Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1547SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2016

Biography

IBI Group Holdings Limited, a building contractor, provides renovation services for property projects in the private sector in Hong Kong and Macau. It offers interior fit-outs and building refurbishments,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:59
End of Day Share Price2019/10/23 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.