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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Noble Engineering Group Holdings. This is due to cash flow or dividend data being
unavailable. The share price is
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
Noble Engineering Group Holdings's
is considered below, and whether this is a fair price.
Price based on past earnings
Noble Engineering Group Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
Noble Engineering Group Holdings's earnings are expected to grow by 0.7% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Noble Engineering 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.
Noble Engineering 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.
Noble Engineering Group Holdings
has a total score of
2/6, 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
Noble Engineering Group Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
Noble Engineering Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Noble Engineering Group Holdings's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Noble Engineering 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.
Noble Engineering 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.
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.
TENURE AS CEO
Mr. Chun Kuen Tse, also known as CK, has been Executive Director of Noble Engineering Group Holdings Limited since April 12, 2017 and its compliance officer and chief executive officer since September 10, 2018 . Mr. Tse is the co-founder of Eric Tse Cement Works and has been a director since October 9, 1997. Mr. Tse is responsible for formulating corporate and business strategies and making major operation decisions of Eric Tse Cement Works Group. Mr. Tse has over 34 years of experience in wet trades industry. Mr. Tse's responsibilities in Eric Tse Cement Works Group include formulating and determining corporate and business strategies and making major operation decisions, monitoring the business operations, reviewing and approving significant contracts and investment, appointment and appraisal of senior management. Prior to the incorporation of Eric Tse Cement Works and until the dissolution of the Partnership Business, Mr. Tse also engaged in wet trades works subcontractor business through the Partnership Business.
CK's compensation has been consistent with company performance over the past year, both up more than 20%.
CK's remuneration is lower than average for companies of similar size in Hong Kong.
Chairman of the Board
CEO, Compliance Officer & Executive Director
Financial Controller & Company Secretary
Board of Directors Tenure
Average tenure and age of the
Noble Engineering Group Holdings
board of directors in years:
The average tenure for the Noble Engineering Group Holdings board of directors is less than 3 years, this suggests a new board.
Here's How P/E Ratios Can Help Us Understand Noble Engineering Group Holdings Limited (HKG:8445)
We'll apply a basic P/E ratio analysis to Noble Engineering Group Holdings Limited's (HKG:8445), to help you decide if the stock is worth further research. … Looking at earnings over the last twelve months, Noble Engineering Group Holdings has a P/E ratio of 9.79. … See our latest analysis for Noble Engineering Group Holdings?
Noble Engineering Group Holdings Limited (HKG:8445) Delivered A Better ROE Than Its Industry
We'll use ROE to examine Noble Engineering Group Holdings Limited (HKG:8445), by way of a worked example. … Noble Engineering Group Holdings has a ROE of 19%, based on the last twelve months. … Check out our latest analysis for Noble Engineering Group Holdings?
Introducing Noble Engineering Group Holdings, The Stock That Dropped 32% In The Last Year
Noble Engineering Group Holdings Limited (HKG:8445) shareholders should be happy to see the share price up 14% in the last month. … By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the unfortunate twelve months during which the Noble Engineering Group Holdings share price fell, it actually saw its earnings per share (EPS) improve by 70%.
Is Noble Engineering Group Holdings Limited (HKG:8445) A Financially Sound Company?
The direct benefit for Noble Engineering Group Holdings Limited (HKG:8445), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is 8445 will have to adhere to stricter debt covenants and have less financial flexibility. … Is 8445 right in choosing financial flexibility over lower cost of capital
Should You Be Excited About Noble Engineering Group Holdings Limited's (HKG:8445) 22% Return On Equity?
To keep the lesson grounded in practicality, we'll use ROE to better understand Noble Engineering Group Holdings Limited (HKG:8445). … Our data shows Noble Engineering Group Holdings has a return on equity of 22% for the last year. … Check out our latest analysis for Noble Engineering Group Holdings?
What Does Noble Engineering Group Holdings Limited's (HKG:8445) PE Ratio Tell You?
Noble Engineering Group Holdings Limited (HKG:8445) trades with a trailing P/E of 17.9, which is higher than the industry average of 13.5. … Though this might seem to be a negative, you might change your mind after I explain the assumptions behind the P/E ratio. … Check out our latest analysis for Noble Engineering Group Holdings
How Did Noble Engineering Group Holdings Limited's (HKG:8445) 11.53% ROE Fare Against The Industry?
and want to better understand how you can grow your money by investing in Noble Engineering Group Holdings Limited (HKG:8445). … Noble Engineering Group Holdings Limited (HKG:8445) delivered an ROE of 11.53% over the past 12 months, which is relatively in-line with its industry average of 10.26% during the same period. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface
Noble Engineering Group Holdings Limited, an investment holding company, principally provides wet trade work services in Hong Kong. The company undertakes tile and brick laying, plastering, floor screeding, and marble works. It offers wet trade services for various building construction projects, including residential, community facility, public housing, and commercial development projects in the private and public sectors. The company was formerly known as Noble Engineering Holdings Limited and changed its name to Noble Engineering Group Holdings Limited in August 2017. The company was founded in 1981 and is headquartered in Cheung Sha Wan, Hong Kong. Noble Engineering Group Holdings Limited is a subsidiary of Land Noble Holdings Limited.
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