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483

Bauhaus International (Holdings)SEHK:483 Stock Report

Market Cap

HK$385.7m

7D

-11.8%

1Y

61.5%

Updated

24 Sep, 2021

Data

Company Financials
483 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

483 Overview

Bauhaus International (Holdings) Limited, an investment holding company, engages in the design and retail of apparel, bags, and fashion accessories for men and women.

Price History & Performance

Summary of all time highs, changes and price drops for Bauhaus International (Holdings)
Historical stock prices
Current Share PriceHK$1.05
52 Week HighHK$0.50
52 Week LowHK$1.45
Beta0.49
1 Month Change26.51%
3 Month Change7.14%
1 Year Change61.54%
3 Year Change-19.23%
5 Year Change-38.24%
Change since IPO-20.46%

Recent News & Updates

Jul 22
We Think Bauhaus International (Holdings)'s (HKG:483) Solid Earnings Are Understated

We Think Bauhaus International (Holdings)'s (HKG:483) Solid Earnings Are Understated

The market shrugged off Bauhaus International (Holdings) Limited's ( HKG:483 ) solid earnings report. We think that...

Shareholder Returns

483HK LuxuryHK Market
7D-11.8%-4.0%-0.9%
1Y61.5%78.4%10.1%

Return vs Industry: 483 underperformed the Hong Kong Luxury industry which returned 78.4% over the past year.

Return vs Market: 483 exceeded the Hong Kong Market which returned 10.1% over the past year.

Price Volatility

Is 483's price volatile compared to industry and market?
483 volatility
483 Beta0.49
Industry Beta0.90
Market Beta1

Stable Share Price: 483 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: 483's weekly volatility has increased from 11% to 17% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991262Yat Hang Yeunghttps://www.bauhaus.com.hk

Bauhaus International (Holdings) Limited, an investment holding company, engages in the design and retail of apparel, bags, and fashion accessories for men and women. As of March 31, 2021, it operated 49 self-managed shops/counters/outlets in Hong Kong and Macau. The company also sells its products through online channels.

Bauhaus International (Holdings) Fundamentals Summary

How do Bauhaus International (Holdings)'s earnings and revenue compare to its market cap?
483 fundamental statistics
Market CapHK$385.75m
Earnings (TTM)HK$99.74m
Revenue (TTM)HK$371.90m

3.9x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
483 income statement (TTM)
RevenueHK$371.90m
Cost of RevenueHK$131.31m
Gross ProfitHK$240.59m
ExpensesHK$140.85m
EarningsHK$99.74m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

Nov 26, 2021

Earnings per share (EPS)0.27
Gross Margin64.69%
Net Profit Margin26.82%
Debt/Equity Ratio0%

How did 483 perform over the long term?

See historical performance and comparison

Dividends

46.7%

Current Dividend Yield

31%

Payout Ratio

Valuation

Is Bauhaus International (Holdings) undervalued compared to its fair value and its price relative to the market?

44.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 483 (HK$1.05) is trading below our estimate of fair value (HK$1.91)

Significantly Below Fair Value: 483 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 483 is good value based on its PE Ratio (3.9x) compared to the Hong Kong Luxury industry average (9.1x).

PE vs Market: 483 is good value based on its PE Ratio (3.9x) compared to the Hong Kong market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 483's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 483's PB Ratio (0.9x) is in line with the HK Luxury industry average.


Future Growth

How is Bauhaus International (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.8%

Forecasted Consumer Durables 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 Bauhaus International (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.


Past Performance

How has Bauhaus International (Holdings) performed over the past 5 years?

-45.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 483 has a large one-off gain of HK$172.9M impacting its March 31 2021 financial results.

Growing Profit Margin: 483 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 483's earnings have declined by 45.8% per year over the past 5 years.

Accelerating Growth: 483 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 483 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (37.6%).


Return on Equity

High ROE: 483's Return on Equity (22.3%) is considered high.


Financial Health

How is Bauhaus International (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 483's short term assets (HK$362.2M) exceed its short term liabilities (HK$98.6M).

Long Term Liabilities: 483's short term assets (HK$362.2M) exceed its long term liabilities (HK$52.7M).


Debt to Equity History and Analysis

Debt Level: 483 is debt free.

Reducing Debt: 483 has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.

Debt Coverage: 483 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 483 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Bauhaus International (Holdings) current dividend yield, its reliability and sustainability?

46.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 483's dividend (46.67%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).

High Dividend: 483's dividend (46.67%) is in the top 25% of dividend payers in the Hong Kong market (6.77%)


Stability and Growth of Payments

Stable Dividend: 483's dividend payments have been volatile in the past 10 years.

Growing Dividend: 483's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.3%), 483's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

16.3yrs

Average board tenure


CEO

Yat Hang Yeung (44 yo)

1.33yrs

Tenure

HK$1,533,000

Compensation

Mr. Yat Hang Yeung has been Chief Executive Officer of Bauhaus International (Holdings) Limited since May 7, 2020. Mr. Yeung is responsible for implementation of corporate strategies and managing the busin...


CEO Compensation Analysis

Compensation vs Market: Yat Hang's total compensation ($USD196.93K) is about average for companies of similar size in the Hong Kong market ($USD229.48K).

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


Board Members

Experienced Board: 483's board of directors are seasoned and experienced ( 16.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 483 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Bauhaus International (Holdings) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bauhaus International (Holdings) Limited
  • Ticker: 483
  • Exchange: SEHK
  • Founded: 1991
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$385.749m
  • Shares outstanding: 367.38m
  • Website: https://www.bauhaus.com.hk

Number of Employees


Location

  • Bauhaus International (Holdings) Limited
  • Sino Industrial Plaza
  • Room 501
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:37
End of Day Share Price2021/09/24 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.