Loading...

Tai Kam Holdings

SEHK:8321
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8321
SEHK
HK$51M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Tai Kam Holdings Limited, an investment holding company, engages in undertaking slope works as contractor in Hong Kong. The last earnings update was 123 days ago. More info.


Add to Portfolio Compare Print
  • Tai Kam Holdings has significant price volatility in the past 3 months.
8321 Share Price and Events
7 Day Returns
-1.6%
SEHK:8321
-1.4%
HK Construction
0.6%
HK Market
1 Year Returns
-56.3%
SEHK:8321
-12.3%
HK Construction
-5.9%
HK Market
8321 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tai Kam Holdings (8321) -1.6% -6% -31.5% -56.3% - -
HK Construction -1.4% -5.6% -14.7% -12.3% -23% -1.8%
HK Market 0.6% 3.7% -8.2% -5.9% 17.2% 4.8%
1 Year Return vs Industry and Market
  • 8321 underperformed the Construction industry which returned -12.3% over the past year.
  • 8321 underperformed the Market in Hong Kong which returned -5.9% over the past year.
Price Volatility
8321
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Tai Kam Holdings's competitors could be found in our database.

8321 Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Tai Kam Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Tai Kam Holdings.

SEHK:8321 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.7%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:8321
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Construction Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.043 (1 + (1- 25%) (25.52%))
1.163
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.16
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.163 * 6.65%)
9.73%

Discounted Cash Flow Calculation for SEHK:8321 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Tai Kam 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:8321 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 9.73%)
2020 3.07 Est @ 7.34% 2.80
2021 3.25 Est @ 5.74% 2.70
2022 3.40 Est @ 4.62% 2.57
2023 3.53 Est @ 3.83% 2.43
2024 3.65 Est @ 3.28% 2.29
2025 3.75 Est @ 2.9% 2.15
2026 3.85 Est @ 2.63% 2.01
2027 3.94 Est @ 2.44% 1.88
2028 4.04 Est @ 2.31% 1.75
2029 4.12 Est @ 2.22% 1.63
Present value of next 10 years cash flows HK$22.21
SEHK:8321 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= HK$4.12 × (1 + 2%) ÷ (9.73% – 2%)
HK$54.43
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$54.43 ÷ (1 + 9.73%)10
HK$21.50
SEHK:8321 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$22.21 + HK$21.50
HK$43.71
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$43.71 / 800.00
HK$0.05
SEHK:8321 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.05
Current discount Discount to share price of HK$0.06
= -1 x (HK$0.06 - HK$0.05) / HK$0.05
-15.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Tai Kam Holdings is above its future cash flow value.
Often investors are willing to pay a premium 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 Tai Kam Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tai Kam Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8321 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in HKD HK$0.01
SEHK:8321 Share Price ** SEHK (2019-07-16) in HKD HK$0.06
Hong Kong Construction Industry PE Ratio Median Figure of 105 Publicly-Listed Construction Companies 9.77x
Hong Kong Market PE Ratio Median Figure of 1,503 Publicly-Listed Companies 10.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Tai Kam Holdings.

SEHK:8321 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8321 Share Price ÷ EPS (both in HKD)

= 0.06 ÷ 0.01

8.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tai Kam Holdings is good value based on earnings compared to the HK Construction industry average.
  • Tai Kam Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Tai Kam Holdings's expected growth come at a high price?
Raw Data
SEHK:8321 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
16.3%per year
Hong Kong Construction Industry PEG Ratio Median Figure of 10 Publicly-Listed Construction Companies 0.55x
Hong Kong Market PEG Ratio Median Figure of 477 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Tai Kam Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tai Kam Holdings's assets?
Raw Data
SEHK:8321 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in HKD HK$0.13
SEHK:8321 Share Price * SEHK (2019-07-16) in HKD HK$0.06
Hong Kong Construction Industry PB Ratio Median Figure of 136 Publicly-Listed Construction Companies 1.39x
Hong Kong Market PB Ratio Median Figure of 2,190 Publicly-Listed Companies 0.92x
SEHK:8321 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8321 Share Price ÷ Book Value per Share (both in HKD)

= 0.06 ÷ 0.13

0.5x

* Primary Listing of Tai Kam Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tai Kam Holdings is good value based on assets compared to the HK Construction industry average.
X
Value checks
We assess Tai Kam Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Tai Kam Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8321 Future Performance

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

  • No analysts cover Tai Kam Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tai Kam Holdings expected to grow at an attractive rate?
  • Tai Kam Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Tai Kam Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Tai Kam Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8321 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8321 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 16.3%
Hong Kong Construction Industry Earnings Growth Rate Market Cap Weighted Average 6.4%
Hong Kong Construction Industry Revenue Growth Rate Market Cap Weighted Average 9.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8321 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8321 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8321 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-01-31 186 6
2018-10-31 183 22 8
2018-07-31 182 10
2018-04-30 180 19 11
2018-01-31 162 8
2017-10-31 139 -8 7
2017-07-31 133 2
2017-04-30 124 1 -3
2017-01-31 116 -1
2016-10-31 107 21 2
2016-07-31 100 8
2016-04-30 97 5 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Tai Kam Holdings's earnings are expected to grow by 16.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Tai Kam 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.
Raw Data
SEHK:8321 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Tai Kam Holdings Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8321 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8321 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-01-31 0.01
2018-10-31 0.01
2018-07-31 0.01
2018-04-30 0.01
2018-01-31 0.01
2017-10-31 0.01
2017-07-31 0.00
2017-04-30 0.00
2017-01-31 0.00
2016-10-31 0.00
2016-07-31 0.01
2016-04-30 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Tai Kam Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Tai Kam Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Tai Kam Holdings has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8321 Past Performance

  How has Tai Kam Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Tai Kam Holdings's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Tai Kam Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Tai Kam Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Tai Kam Holdings's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.
Earnings and Revenue History
Tai Kam Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Tai Kam Holdings Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8321 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 186.02 6.22 8.78
2018-10-31 183.03 7.89 7.21
2018-07-31 182.19 9.61 6.04
2018-04-30 180.10 10.96 6.15
2018-01-31 162.02 8.47 5.30
2017-10-31 139.34 6.89 5.97
2017-07-31 133.16 2.27 4.91
2017-04-30 123.50 -2.55 4.34
2017-01-31 116.05 -0.60 3.36
2016-10-31 106.53 1.62 2.36
2016-07-31 100.47 7.74 2.09
2016-04-30 97.19 12.90 1.90
2015-04-30 77.68 10.55 1.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Tai Kam Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Tai Kam Holdings used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.
  • Tai Kam Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Tai Kam Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Tai Kam Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

8321 Health

 How is Tai Kam Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Tai Kam Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Tai Kam Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Tai Kam Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Tai Kam 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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 10.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Tai Kam Holdings Company Filings, last reported 5 months ago.

SEHK:8321 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 101.23 13.07 109.74
2018-10-31 101.23 13.07 109.74
2018-07-31 100.42 0.00 94.17
2018-04-30 100.42 0.00 94.17
2018-01-31
2017-10-31 93.35 0.00 80.51
2017-07-31 89.46 0.00 80.70
2017-04-30 89.46 0.00 80.70
2017-01-31
2016-10-31 86.46 0.00 86.18
2016-07-31 29.28 0.00 16.92
2016-04-30 29.28 0.00 16.92
2015-04-30 19.88 0.00 21.53
  • Tai Kam Holdings's level of debt (12.9%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Tai Kam Holdings's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (165.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 57x coverage).
X
Financial health checks
We assess Tai Kam Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Tai Kam Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

8321 Dividends

 What is Tai Kam Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Tai Kam Holdings dividends.
If you bought HK$2,000 of Tai Kam Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Tai Kam Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Tai Kam Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8321 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Construction Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 3.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:8321 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Tai Kam Holdings has not reported any payouts.
  • Unable to verify if Tai Kam Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Tai Kam Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Tai Kam 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.
X
Income/ dividend checks
We assess Tai Kam Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Tai Kam Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tai Kam Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8321 Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Tai Kam Holdings has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the Tai Kam Holdings management team in years:

0.5
Average Tenure
39
Average Age
  • The average tenure for the Tai Kam Holdings management team is less than 2 years, this suggests a new team.
Management Team

Mabel Tsui

TITLE
Chairman of the Board
AGE
40
TENURE
0.5 yrs

Tanying Liu

TITLE
Executive Director
AGE
39
TENURE
1.2 yrs

Chi Hui

TITLE
Company Secretary
AGE
38
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Tai Kam Holdings board of directors in years:

0.5
Average Tenure
39
Average Age
  • The average tenure for the Tai Kam Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mabel Tsui

TITLE
Chairman of the Board
AGE
40
TENURE
0.5 yrs

Tanying Liu

TITLE
Executive Director
AGE
39
TENURE
1.2 yrs

Kin Yim

TITLE
Independent Non-Executive Director
COMPENSATION
HK$77K
AGE
64
TENURE
2.8 yrs

Wang Lap Lau

TITLE
Independent Non-Executive Director
AGE
39
TENURE
0.2 yrs

Yixuan Li

TITLE
Independent Non-Executive Director
AGE
31
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
22. Oct 18 Sell Classy Gear Limited Company 18. Oct 18 18. Oct 18 -59,000,000 HK$0.09 HK$-5,504,658
23. Oct 18 Sell Classy Gear Limited Company 19. Oct 18 19. Oct 18 -79,330,000 HK$0.10 HK$-7,695,129
15. Aug 18 Sell Classy Gear Limited Company 13. Aug 18 13. Aug 18 -17,800,000 HK$0.13 HK$-2,349,646
13. Aug 18 Sell Classy Gear Limited Company 10. Aug 18 10. Aug 18 -89,190,000 HK$0.13 HK$-11,853,199
09. Aug 18 Sell Classy Gear Limited Company 07. Aug 18 07. Aug 18 -32,000,000 HK$0.13 HK$-4,304,087
X
Management checks
We assess Tai Kam Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Tai Kam Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8321 News

Simply Wall St News

Did Changing Sentiment Drive Tai Kam Holdings's (HKG:8321) Share Price Down A Worrying 61%?

Investing in stocks comes with the risk that the share price will fall. … There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Before deciding if you like the current share price, check how Tai Kam Holdings scores on these 3 valuation metrics.

Simply Wall St -

Is Tai Kam Holdings Limited (HKG:8321) Investing Your Capital Efficiently?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … Analysts use this formula to calculate return on capital employed:

Simply Wall St -

Some Tai Kam Holdings Shareholders Have Copped A Big 64% Share Price Drop

Tai Kam Holdings Limited (HKG:8321) shareholders should be happy to see the share price up 19% in the last month. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Even though the Tai Kam Holdings share price is down over the year, its EPS actually improved.

Simply Wall St -

Why Tai Kam Holdings Limited’s (HKG:8321) Use Of Investor Capital Doesn’t Look Great

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … Analysts use this formula to calculate return on capital employed:

Simply Wall St -

What Should Investors Know About Tai Kam Holdings Limited's (HKG:8321) Return On Capital?

and looking to gauge the potential return on investment in Tai Kam Holdings Limited (HKG:8321). … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Therefore, looking at how efficiently Tai Kam Holdings is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

What Does Tai Kam Holdings Limited's (HKG:8321) PE Ratio Tell You?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … While this makes 8321 appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio.

Simply Wall St -

With An ROE Of 9.08%, Can Tai Kam Holdings Limited (HKG:8321) Catch Up To The Industry?

and looking to gauge the potential return on investment in Tai Kam Holdings Limited (HKG:8321). … Tai Kam Holdings Limited (HKG:8321) delivered an ROE of 9.08% over the past 12 months, which is relatively in-line with its industry average of 10.26% during the same period. … But what is more interesting is whether 8321 can sustain or improve on this level of return.

Simply Wall St -

Should You Be Tempted To Sell Tai Kam Holdings Limited (HKG:8321) Because Of Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for 8321 Price per share = HK$0.18 Earnings per share = HK$0.011 ∴ Price-Earnings Ratio = HK$0.18 ÷ HK$0.011 = 16.9x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you inadvertently compared riskier firms with 8321, then investors would naturally value 8321 at a higher price since it is a less risky investment. … Similarly, if you accidentally compared lower growth firms with 8321, investors would also value 8321 at a higher price since it is a higher growth investment.

Simply Wall St -

Will Tai Kam Holdings Limited (HKG:8321) Continue To Underperform Its Industry?

Check out our latest analysis for Tai Kam Holdings Breaking down Return on Equity Return on Equity (ROE) weighs Tai Kam Holdings’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity Returns are usually compared to costs to measure the efficiency of capital. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity SEHK:8321 Last Perf May 22nd 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

Simply Wall St -

Who Are The Major Shareholders Of Tai Kam Holdings Limited (HKG:8321)?

Check out our latest analysis for Tai Kam Holdings SEHK:8321 Ownership_summary Mar 28th 18 General Public Ownership A substantial ownership of 65.34% in 8321 is held by the general public. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: A large shareholding of 8321 by the general public could mean higher market liquidity to buy and sell shares for retail investors, and also the potential to have more influence over company policies as a collective.

Simply Wall St -

8321 Company Info

Description

Tai Kam Holdings Limited, an investment holding company, engages in undertaking slope works as contractor in Hong Kong. Its slope works include the construction of soil nail and retaining walls, as well as raking drains and concrete maintenance stairways; installation of flexible debris flow barriers; and laying of erosion controls and wire meshes. The company was founded in 2002 and is headquartered in Mong Kok, Hong Kong. Tai Kam Holdings Limited is a subsidiary of Classy Gear Limited.

Details
Name: Tai Kam Holdings Limited
8321
Exchange: SEHK
Founded: 2002
HK$51,200,000
800,000,000
Website: http://www.taikamholdings.com
Address: Tai Kam Holdings Limited
Wealth Commercial Centre,
Room 1101,
Mong Kok,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8321 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 28. Oct 2016
Number of employees
Current staff
Staff numbers
111
Tai Kam Holdings employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 13:00
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2018/07/25
Last earnings filing: 2019/03/15
Last earnings reported: 2019/01/31
Last annual earnings reported: 2018/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.