SEHK:8535

Stock Analysis Report

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Executive Summary

Vistar Holdings Limited, an investment holding company, provides electrical and mechanical engineering services in Hong Kong.


Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8535's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.4%

8535

-1.2%

HK Construction

1.2%

HK Market


1 Year Return

-45.7%

8535

-15.5%

HK Construction

5.5%

HK Market

Return vs Industry: 8535 underperformed the Hong Kong Construction industry which returned -15.5% over the past year.

Return vs Market: 8535 underperformed the Hong Kong Market which returned 5.5% over the past year.


Shareholder returns

8535IndustryMarket
7 Day-5.4%-1.2%1.2%
30 Day34.6%-2.1%-3.8%
90 Day-9.1%-1.1%7.7%
1 Year-45.7%-45.7%-11.0%-15.5%9.8%5.5%
3 Yearn/a-35.0%-43.2%3.7%-7.4%
5 Yearn/a-38.6%-49.2%12.3%-6.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Vistar Holdings undervalued compared to its fair value and its price relative to the market?

8.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8535's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8535's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8535 is poor value based on its PE Ratio (8.8x) compared to the HK Construction industry average (8x).

PE vs Market: 8535 is good value based on its PE Ratio (8.8x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8535's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8535 is good value based on its PB Ratio (0.7x) compared to the HK Construction industry average (0.8x).


Next Steps

Future Growth

How is Vistar Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vistar Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Vistar Holdings performed over the past 5 years?

4.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8535 has a high level of non-cash earnings.

Growing Profit Margin: 8535's current net profit margins (4.1%) are lower than last year (6.3%).


Past Earnings Growth Analysis

Earnings Trend: 8535's earnings have grown by 4.7% per year over the past 5 years.

Accelerating Growth: 8535's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8535 had negative earnings growth (-58.1%) over the past year, making it difficult to compare to the Construction industry average (-7.7%).


Return on Equity

High ROE: 8535's Return on Equity (8.1%) is considered low.


Next Steps

Financial Health

How is Vistar Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8535's short term assets (HK$181.4M) exceed its short term liabilities (HK$69.2M).

Long Term Liabilities: 8535's short term assets (HK$181.4M) exceed its long term liabilities (HK$2.0M).


Debt to Equity History and Analysis

Debt Level: 8535's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 8535's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8535's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 8535's interest payments on its debt are well covered by EBIT (50.2x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8535's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8535's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 8535's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8535's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8535's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Keung Poon (62 yo)

3.08yrs

Tenure

HK$1,202,000

Compensation

Mr. Ken Ching Poon, also known as Keung, has been Chairman and Chief Executive Officer of Vistar Holdings Ltd since July 17, 2017 and also has been its Executive Director since June 27, 2017. Mr. Poon also ...


CEO Compensation Analysis

Compensation vs Market: Keung's total compensation ($USD155.09K) is below average for companies of similar size in the Hong Kong market ($USD231.54K).

Compensation vs Earnings: Keung's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ken Ching Poon
Chairman3.08yrsHK$1.20m34.88%
HK$ 29.3m
Kwok Wai Ng
Senior Project Manager & Executive Director3.17yrsHK$896.00kno data
To Yin Lee
Executive Director0.83yrHK$376.00kno data
Kam Por Ng
Financial Controllerno datano datano data
Sek Hey Or
Company Secretary2.58yrsno datano data

2.6yrs

Average Tenure

57yo

Average Age

Experienced Management: 8535's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ken Ching Poon
Chairman3.08yrsHK$1.20m34.88%
HK$ 29.3m
Kwok Wai Ng
Senior Project Manager & Executive Director3.17yrsHK$896.00kno data
To Yin Lee
Executive Director0.83yrHK$376.00kno data
Kam Yee Poon
Non-Executive Director3.17yrsHK$176.00kno data
Chung Hing Yung
Independent Non-Executive Director2.58yrsHK$120.00kno data
Chung Wai Lam
Independent Non-Executive Director2.58yrsHK$120.00kno data
Shu Yan Chan
Independent Non-Executive Director0.92yrHK$70.00kno data

2.6yrs

Average Tenure

59yo

Average Age

Experienced Board: 8535's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Vistar Holdings Limited
  • Ticker: 8535
  • Exchange: SEHK
  • Founded: 2017
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$84.000m
  • Shares outstanding: 1.20b
  • Website: https://www.vistarholdings.com

Number of Employees


Location

  • Vistar Holdings Limited
  • Tak King Industrial Building
  • 13th Floor
  • Chai Wan
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8535SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2018

Biography

Vistar Holdings Limited, an investment holding company, provides electrical and mechanical engineering services in Hong Kong. The company operates in three segments: Installation Work, Alteration and Addit ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/08 12:42
End of Day Share Price2020/08/07 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.