IMS Group Holdings Limited, an investment holding company, designs and sells light-emitting diode (LED) lighting products for retail stores of luxury brands in Hong Kong and internationally.
The last earnings update was 17 days ago.
Discounted Cash Flow Calculation for SEHK:8136 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
IMS Group Holdings
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
SEHK:8136 DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
IMS Group Holdings
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
IMS Group Holdings's
is considered below, and whether this is a fair price.
Price based on past earnings
IMS Group Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
IMS Group Holdings's earnings are expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).
Unable to determine if IMS Group Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
IMS Group Holdings's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
IMS Group Holdings
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
IMS Group Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
IMS Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
IMS Group Holdings's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
IMS Group Holdings's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
IMS Group Holdings has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Should You Be Concerned About IMS Group Holdings Limited's (HKG:8136) ROE?
See our latest analysis for IMS Group Holdings How Do I Calculate Return On Equity? … The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for IMS Group Holdings: 2.4% = HK$1.5m ÷ HK$64m (Based on the trailing twelve months to December 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does IMS Group Holdings Have A Good Return On Equity?
What Can We Make Of IMS Group Holdings Limited’s (HKG:8136) High Return On Capital?
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
If You Had Bought IMS Group Holdings (HKG:8136) Stock A Year Ago, You'd Be Sitting On A 63% Loss, Today
And there's no doubt that IMS Group Holdings Limited (HKG:8136) stock has had a really bad year. … In the last year IMS Group Holdings saw its revenue grow by 7.8%. … Without profits, and with revenue growth sluggish, you get a 63% loss for shareholders, over the year.
Is IMS Group Holdings Limited's (HKG:8136) ROE Of 2.4% Concerning?
Over the last twelve months IMS Group Holdings has recorded a ROE of 2.4%. … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.024 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
A Close Look At IMS Group Holdings Limited’s (HKG:8136) 19% ROCE
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Could IMS Group Holdings Limited's (HKG:8136) Investor Composition Influence The Stock Price?
If you want to know who really controls IMS Group Holdings Limited (HKG:8136), then you'll have to look at the makeup of its share registry. … Generally speaking, as a company grows, institutions will increase their ownership. … We can zoom in on the different ownership groups, to learn more about 8136
Why IMS Group Holdings Limited's (HKG:8136) Ownership Structure Is Important
In this analysis, my focus will be on developing a perspective on IMS Group Holdings Limited’s (HKG:8136) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.
IMS Group Holdings Limited, an investment holding company, designs and sells light-emitting diode (LED) lighting products for retail stores of luxury brands in Hong Kong and internationally. The company offers LED lighting fixtures; integrated LED lighting solution services, such as LED lighting system design; LED lighting system consultation and maintenance services; after-delivery maintenance and enhancement services; and on-site project management services. It also sells visual-audio systems, including audio/video conference, projection, public address, sound masking, and central controlling systems. The company was founded in 1998 and is headquartered in North Point, Hong Kong.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.