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 fair value.

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

-6.0%

1667

1.1%

HK Construction

3.3%

HK Market


1 Year Return

-33.5%

1667

-18.0%

HK Construction

1.6%

HK Market

Return vs Industry: 1667 underperformed the Hong Kong Construction industry which returned -18% over the past year.

Return vs Market: 1667 underperformed the Hong Kong Market which returned 1.6% over the past year.


Shareholder returns

1667IndustryMarket
7 Day-6.0%1.1%3.3%
30 Day-11.3%-4.6%-0.009%
90 Day-24.8%-12.2%-5.1%
1 Year-33.5%-33.5%-14.6%-18.0%5.3%1.6%
3 Yearn/a-27.2%-35.1%16.1%4.4%
5 Yearn/a-0.2%-15.2%20.4%0.3%

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 compared to its fair value and its price relative to the market?

9.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 1667's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 1667's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1667 is good value based on its PE Ratio (9.4x) compared to the Construction industry average (9.9x).

PE vs Market: 1667 is good value based on its PE Ratio (9.4x) compared to the Hong Kong market (10.4x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 1667's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1667 is good value based on its PB Ratio (1x) compared to the HK Construction industry average (1.1x).


Next Steps

Future Growth

How is Milestone Builder Holdings forecast 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 Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1667's forecast earnings growth (7.3% per year) is above the savings rate (2%).

Earnings vs Market: 1667's earnings (7.3% per year) are forecast to grow slower than the Hong Kong market (11.3% per year).

High Growth Earnings: 1667's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 1667's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1667's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 1667's Return on Equity is forecast to be high in 3 years time


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

Earnings Trend: 1667's earnings have declined by -11.7% per year over the past 5 years.

Accelerating Growth: 1667's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1667 had negative earnings growth (-5.9%) over the past year, making it difficult to compare to the Construction industry average (-12.4%).


Return on Equity

High ROE: 1667's Return on Equity (10.3%) is considered low.


Return on Assets

ROA vs Industry: 1667's Return on Assets is below or equal to the Construction industry average last year.


Return on Capital Employed

ROCE Improving: 1667's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Milestone Builder Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1667's short term assets (HK$432.6M) exceeds its short term liabilities (HK$307.3M)

Long Term Liabilities: 1667's short term assets (432.6M) exceeds its long term liabilities (9.5M)


Debt to Equity History and Analysis

Debt Level: 1667's debt to equity ratio (97.9%) is considered high

Reducing Debt: 1667's debt to equity ratio has reduced from 109.9% to 97.9% over the past 5 years.

Debt Coverage: 1667's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1667's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet

Inventory Level: 1667 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 1667's debt is covered by short term assets (assets are 3.112800x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.3%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 1667's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1667's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 1667's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1667's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1667 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 1667's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


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?

2.6yrs

Average board tenure


CEO

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


Board Age and Tenure

2.6yrs

Average Tenure

50.5yo

Average Age

Experienced Board: 1667's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Insider Trading

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


Ownership Breakdown


Management Team

  • Kam Fai Leung (51yo)

    Chairman

    • Tenure: 3.1yrs
    • 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: 1.4yrs

Board Members

  • Kwok Hung Keung (46yo)

    Independent Non Executive Director

    • Tenure: 2.6yrs
    • Compensation: HK$150.00k
  • Loretta Lau (50yo)

    Independent Non Executive Director

    • Tenure: 2.6yrs
    • Compensation: HK$150.00k
  • Kam Fai Leung (51yo)

    Chairman

    • Tenure: 3.1yrs
    • 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: 0.08yrs

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$136.800m
  • 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 Analysis2019/10/18 12:50
End of Day Share Price2019/10/18 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.