Galaxy Entertainment Group
Market Cap
HK$271.4b
Last Updated
2020/11/26 10:21 UTC
Data Sources
Company Financials +
Executive Summary
Galaxy Entertainment Group Limited, an investment holding company, engages gaming and entertainment, and construction materials businesses in Macau, Hong Kong, and Mainland China. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with excellent balance sheet.
Similar Companies
Share Price & News
How has Galaxy Entertainment Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 27 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 27's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.1%
27
-3.1%
HK Hospitality
1.1%
HK Market
1 Year Return
18.0%
27
5.4%
HK Hospitality
8.2%
HK Market
Return vs Industry: 27 exceeded the Hong Kong Hospitality industry which returned 5.2% over the past year.
Return vs Market: 27 exceeded the Hong Kong Market which returned 7.6% over the past year.
Shareholder returns
| 27 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | -3.1% | 1.1% |
| 30 Day | 15.5% | 9.9% | 7.2% |
| 90 Day | 1.6% | 0.1% | 5.2% |
| 1 Year | 19.2%18.0% | 7.2%5.4% | 12.6%8.2% |
| 3 Year | 15.3%10.4% | -8.7%-15.4% | 0.4%-10.0% |
| 5 Year | 176.3%158.3% | 39.6%20.7% | 30.6%8.5% |
Long-Term Price Volatility Vs. Market
How volatile is Galaxy Entertainment Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Galaxy Entertainment Group Limited's (HKG:27) Stock Is Going Strong: Have Financials A Role To Play?2 weeks ago | Simply Wall St
Is Galaxy Entertainment Group Limited (HKG:27) Potentially Undervalued?4 weeks ago | Simply Wall St
What Type Of Shareholders Own The Most Number of Galaxy Entertainment Group Limited (HKG:27) Shares?Valuation
Is Galaxy Entertainment Group undervalued compared to its fair value and its price relative to the market?
76.65x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 27 (HK$62) is trading above our estimate of fair value (HK$55.83)
Significantly Below Fair Value: 27 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 27 is poor value based on its PE Ratio (76.7x) compared to the HK Hospitality industry average (33.5x).
PE vs Market: 27 is poor value based on its PE Ratio (76.7x) compared to the Hong Kong market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: 27 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 27 is overvalued based on its PB Ratio (4.1x) compared to the HK Hospitality industry average (0.9x).
Next Steps
Future Growth
How is Galaxy Entertainment Group forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
89.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 27's forecast earnings growth (89.8% per year) is above the savings rate (1.6%).
Earnings vs Market: 27's earnings (89.8% per year) are forecast to grow faster than the Hong Kong market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 27's revenue (49.4% per year) is forecast to grow faster than the Hong Kong market (13.7% per year).
High Growth Revenue: 27's revenue (49.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 27's Return on Equity is forecast to be low in 3 years time (14.1%).
Next Steps
Past Performance
How has Galaxy Entertainment Group performed over the past 5 years?
16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 27 has high quality earnings.
Growing Profit Margin: 27's current net profit margins (11%) are lower than last year (24.3%).
Past Earnings Growth Analysis
Earnings Trend: 27's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: 27's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 27 had negative earnings growth (-73%) over the past year, making it difficult to compare to the Hospitality industry average (-60.5%).
Return on Equity
High ROE: 27's Return on Equity (5.4%) is considered low.
Next Steps
Financial Health
How is Galaxy Entertainment Group's financial position?
Financial Position Analysis
Short Term Liabilities: 27's short term assets (HK$21.9B) do not cover its short term liabilities (HK$25.9B).
Long Term Liabilities: 27's short term assets (HK$21.9B) exceed its long term liabilities (HK$903.9M).
Debt to Equity History and Analysis
Debt Level: 27's debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: 27's debt to equity ratio has reduced from 11.7% to 9.4% over the past 5 years.
Debt Coverage: 27's debt is well covered by operating cash flow (148.1%).
Interest Coverage: 27 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Galaxy Entertainment Group current dividend yield, its reliability and sustainability?
1.47%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 27's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.23%).
High Dividend: 27's dividend (1.47%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.58%).
Stability and Growth of Payments
Stable Dividend: 27 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 27's dividend payments have increased, but the company has only paid a dividend for 5 years.
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 27'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?
8.9yrs
Average management tenure
CEO
Galaxy Entertainment Group has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | HK$76.33m | 7.86% HK$ 21.3b | |
| Deputy Chairman & Member of Executive Board | no data | HK$112.73m | 1.19% HK$ 3.2b | |
| MD of the Construction Materials Division | 16.58yrs | HK$8.87m | 0.022% HK$ 60.2m | |
| Member of Executive Board & Executive Director | 29.25yrs | HK$5.08m | 0.31% HK$ 846.3m | |
| Group Chief Financial Officer | 12.58yrs | no data | no data | |
| Director of Information Systems & Technology | 4.58yrs | no data | no data | |
| Assistant Senior Vice President of Investor Relations | no data | no data | no data | |
| Senior Director of Legal | no data | no data | no data | |
| Senior Vice President of Public Relations | no data | no data | no data | |
| Senior Vice President of Galaxy Macau and General Manager of Broadway - Galaxy Macau | no data | no data | no data | |
| Executive Vice President of Hospitality - Galaxy Macau | no data | no data | no data | |
| Chief Operating Officer of Macau | 5.17yrs | no data | no data |
8.9yrs
Average Tenure
64yo
Average Age
Experienced Management: 27's management team is seasoned and experienced (8.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | HK$76.33m | 7.86% HK$ 21.3b | |
| Deputy Chairman & Member of Executive Board | no data | HK$112.73m | 1.19% HK$ 3.2b | |
| MD of the Construction Materials Division | 16.58yrs | HK$8.87m | 0.022% HK$ 60.2m | |
| Member of Executive Board & Executive Director | 29.25yrs | HK$5.08m | 0.31% HK$ 846.3m | |
| Non-Executive Director | 5.08yrs | HK$450.00k | no data | |
| Independent Non-Executive Director | 12.25yrs | HK$735.00k | no data | |
| Non-Executive Director | 2.5yrs | HK$206.00k | 0.00098% HK$ 2.7m | |
| Independent Non-Executive Director | 15.92yrs | HK$700.00k | 0.0058% HK$ 15.6m | |
| Independent Non-Executive Director | 16.58yrs | HK$605.00k | 0.0069% HK$ 18.8m |
15.9yrs
Average Tenure
71yo
Average Age
Experienced Board: 27's board of directors are seasoned and experienced ( 15.9 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Galaxy Entertainment Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Galaxy Entertainment Group Limited
- Ticker: 27
- Exchange: SEHK
- Founded:
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: HK$271.392b
- Shares outstanding: 4.34b
- Website: https://www.galaxyentertainment.com
Number of Employees
Location
- Galaxy Entertainment Group Limited
- Wing On Centre
- 22nd Floor
- Central
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 27 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| GXYE.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| KW9A | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| 27 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| GLX | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Jan 1992 |
| 27 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| GXYY.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Aug 2016 |
Biography
Galaxy Entertainment Group Limited, an investment holding company, engages gaming and entertainment, and construction materials businesses in Macau, Hong Kong, and Mainland China. The company operates casi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 10:21 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.