SEHK:8535

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Undervalued with excellent balance sheet.

Risks

  • Vistar Holdings has significant price volatility in the past 3 months.
  • Vistar Holdings is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-8.6%

8535

-1.1%

HK Construction

-2.7%

HK Market


1 Year Return

-38.8%

8535

-20.0%

HK Construction

-9.4%

HK Market

8535 underperformed the Construction industry which returned -20.9% over the past year.

8535 underperformed the Market in Hong Kong which returned -7.5% over the past year.


Share holder returns

8535IndustryMarket
7 Day-8.6%-1.1%-2.7%
30 Day-27.5%3.9%1.8%
90 Day-50.3%-13.4%-5.6%
1 Year-38.8%-38.8%-16.6%-20.0%-6.2%-9.4%
3 Yearn/a-21.9%-29.9%14.3%2.7%
5 Yearn/a1.6%-13.9%16.7%-2.8%

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 based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Vistar Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Vistar Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Vistar Holdings is good value based on earnings compared to the HK Construction industry average.

Vistar Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Vistar Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Vistar Holdings is good value based on assets compared to the HK Construction industry average.


Next Steps

Future Growth

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

1.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Vistar Holdings is high growth as no revenue estimate data is available.

Vistar Holdings's earnings are expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare Vistar Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Vistar Holdings's earnings growth is positive but not above the Hong Kong market average.

Vistar Holdings's earnings growth is positive but not above the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Vistar Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Vistar Holdings performed over the past 5 years?

27.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Vistar Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Vistar Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Vistar Holdings's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.


Return on Equity

Vistar Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Vistar Holdings used its assets more efficiently than the HK Construction industry average last year based on Return on Assets.


Return on Capital Employed

Vistar Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Vistar Holdings's financial position?


Financial Position Analysis

Vistar Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Vistar Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Vistar Holdings's level of debt (1.7%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Vistar Holdings's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (1305%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 306.1x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 99.4x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Vistar Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Vistar Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Vistar Holdings has not reported any payouts.

Unable to verify if Vistar Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Vistar 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.


Next Steps

Management

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

2.2yrs

Average board tenure


CEO

Keung Poon (61yo)

2.2yrs

Tenure

HK$2,256,000

Compensation

Mr. Poon Ken Ching, 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

Keung's remuneration is about average for companies of similar size in Hong Kong.

Keung's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Age and Tenure

2.2yrs

Average Tenure

52yo

Average Age

The average tenure for the Vistar Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Garry Ng (56yo)

    Financial Controller

    • Tenure: 0yrs
  • Keung Poon (61yo)

    Chairman

    • Tenure: 2.2yrs
    • Compensation: HK$2.26m
  • Tommy Poon (52yo)

    Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$2.73m
  • Kwok Wai Ng (51yo)

    Senior Project Manager & Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$1.68m
  • Seky Or (38yo)

    Company Secretary

    • Tenure: 1.7yrs

Board Members

  • Odilia Poon (59yo)

    Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$176.00k
  • Keung Poon (61yo)

    Chairman

    • Tenure: 2.2yrs
    • Compensation: HK$2.26m
  • Tommy Poon (52yo)

    Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$2.73m
  • Kwok Wai Ng (51yo)

    Senior Project Manager & Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$1.68m
  • Chung Hing Yung (58yo)

    Independent Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: HK$120.00k
  • Chung Wai Lam (39yo)

    Independent Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: HK$120.00k
  • Stephen Chan (36yo)

    Independent Non-Executive Director

    • Tenure: 0yrs

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$88.800m
  • 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 through three segments: Installation Work, Alteration and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 12:54
End of Day Share Price2019/09/19 00:00
Earnings2019/06/30
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.