SEHK:1667

Stock Analysis Report

Milestone Builder Holdings

Executive Summary

Milestone Builder Holdings Limited, an investment holding company, operates as a contractor for private and public sectors in Hong Kong.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • Milestone Builder Holdings has significant price volatility in the past 3 months.
  • Milestone Builder Holdings is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.0%

1667

-1.3%

HK Construction

-2.7%

HK Market


1 Year Return

-33.6%

1667

-19.9%

HK Construction

-9.4%

HK Market

1667 underperformed the Construction industry which returned -19.9% over the past year.

1667 underperformed the Market in Hong Kong which returned -9.4% over the past year.


Share holder returns

1667IndustryMarket
7 Day-1.0%-1.3%-2.7%
30 Day-1.5%4.6%2.0%
90 Day-19.7%-12.1%-5.8%
1 Year-33.6%-33.6%-16.6%-19.9%-6.1%-9.4%
3 Yearn/a-21.9%-29.9%14.3%2.7%
5 Yearn/a1.6%-13.9%16.7%-2.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Milestone Builder Holdings undervalued based on future cash flows and its price relative to the stock market?

10.69x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Milestone Builder Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Milestone Builder Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Milestone Builder Holdings is overvalued based on earnings compared to the HK Construction industry average.

Milestone Builder Holdings is overvalued based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Milestone Builder Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Milestone Builder Holdings is good value based on assets compared to the HK Construction industry average.


Next Steps

Future Growth

How is Milestone Builder Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Milestone Builder Holdings is high growth as no revenue estimate data is available.

Milestone Builder Holdings's earnings are expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

Unable to compare Milestone Builder Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Milestone Builder Holdings's earnings growth is positive but not above the Hong Kong market average.

Milestone Builder Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Milestone Builder Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Milestone Builder Holdings performed over the past 5 years?

-11.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Milestone Builder Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Milestone Builder Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Milestone Builder Holdings's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.


Return on Equity

Milestone Builder Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Milestone Builder Holdings used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.


Return on Capital Employed

Milestone Builder Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Milestone Builder Holdings's financial position?


Financial Position Analysis

Milestone Builder Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Milestone Builder Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Milestone Builder Holdings's level of debt (97.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (109.9% vs 97.9% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 3.1x debt.


Next Steps

Dividend

What is Milestone Builder Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Milestone Builder Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Milestone Builder Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Milestone Builder Holdings has not reported any payouts.

Unable to verify if Milestone Builder Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Milestone Builder Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

2.5yrs

Average board tenure


CEO

Milestone Builder Holdings has no CEO, or we have no data on them.


Board Age and Tenure

2.5yrs

Average Tenure

50.5yo

Average Age

The average tenure for the Milestone Builder Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Kam Fai Leung (51yo)

    Chairman

    • Tenure: 3yrs
    • Compensation: HK$2.50m
  • Ka Ho Lam (52yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: HK$2.50m
  • Linda Lee (47yo)

    Company Secretary & Group Financial Controller

    • Tenure: 1.3yrs

Board Members

  • Kwok Hung Keung (46yo)

    Independent Non Executive Director

    • Tenure: 2.5yrs
    • Compensation: HK$150.00k
  • Loretta Lau (50yo)

    Independent Non Executive Director

    • Tenure: 2.5yrs
    • Compensation: HK$150.00k
  • Kam Fai Leung (51yo)

    Chairman

    • Tenure: 3yrs
    • Compensation: HK$2.50m
  • Ka Ho Lam (52yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: HK$2.50m
  • Eric Fong (63yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$150.00k
  • Chun Wong (49yo)

    Independent Non-Executive Director

    • Tenure: 0yrs

Company Information

Milestone Builder Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Milestone Builder Holdings Limited
  • Ticker: 1667
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$156.800m
  • Shares outstanding: 800.00m
  • Website: https://www.milestone.hk

Number of Employees


Location

  • Milestone Builder Holdings Limited
  • 9 Po Lun Street
  • 14th Floor
  • Lai Chi Kok
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1667SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDApr 2017

Biography

Milestone Builder Holdings Limited, an investment holding company, operates as a contractor for private and public sectors in Hong Kong. It operates through two segments, Construction and Engineering Servi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 12:56
End of Day Share Price2019/09/20 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.