Emperor Entertainment Hotel
Market Cap
HK$1.7b
Last Updated
2020/02/24 12:48 UTC
Data Sources
Company Financials
Executive Summary
Emperor Entertainment Hotel Limited, an investment holding company, provides entertainment and hospitality services.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has Emperor Entertainment Hotel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 296 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.9%
296
-2.0%
HK Hospitality
-0.6%
HK Market
1 Year Return
-23.3%
296
-4.7%
HK Hospitality
-7.6%
HK Market
Return vs Industry: 296 underperformed the Hong Kong Hospitality industry which returned -4.7% over the past year.
Return vs Market: 296 underperformed the Hong Kong Market which returned -7.6% over the past year.
Shareholder returns
| 296 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | -2.0% | -0.6% |
| 30 Day | -6.9% | -1.9% | -1.4% |
| 90 Day | -15.6% | -0.7% | 2.0% |
| 1 Year | -18.8%-23.3% | -1.8%-4.7% | -4.2%-7.6% |
| 3 Year | -17.0%-28.9% | 20.0%9.3% | 12.9%1.5% |
| 5 Year | -1.1%-23.3% | 14.4%-3.5% | 13.1%-5.6% |
Price Volatility Vs. Market
How volatile is Emperor Entertainment Hotel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Emperor Entertainment Hotel (HKG:296) Could Easily Take On More Debt3 weeks ago | Simply Wall St
Did Emperor Entertainment Hotel Limited's (HKG:296) Recent Earnings Growth Beat The Trend?1 month ago | Simply Wall St
We're Not Counting On Emperor Entertainment Hotel (HKG:296) To Sustain Its Statutory ProfitabilityValuation
Is Emperor Entertainment Hotel undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 296 (HK$1.35) is trading below our estimate of fair value (HK$4.72)
Significantly Below Fair Value: 296 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 296 is good value based on its PE Ratio (4.1x) compared to the Hospitality industry average (11.8x).
PE vs Market: 296 is good value based on its PE Ratio (4.1x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 296's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 296 is good value based on its PB Ratio (0.4x) compared to the HK Hospitality industry average (0.9x).
Next Steps
Future Growth
How is Emperor Entertainment Hotel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.5%
Forecasted Consumer Services 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 Emperor Entertainment Hotel 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
- Examine whether Emperor Entertainment Hotel is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Emperor Entertainment Hotel competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
Past Performance
How has Emperor Entertainment Hotel performed over the past 5 years?
-3.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 296 has high quality earnings.
Growing Profit Margin: 296's current net profit margins (29.8%) are higher than last year (27.6%).
Past Earnings Growth Analysis
Earnings Trend: 296's earnings have declined by -3.4% per year over the past 5 years.
Accelerating Growth: 296's earnings growth over the past year (2.9%) exceeds its 5-year average (-3.4% per year).
Earnings vs Industry: 296 earnings growth over the past year (2.9%) exceeded the Hospitality industry -2.1%.
Return on Equity
High ROE: 296's Return on Equity (8.5%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Emperor Entertainment Hotel's financial position?
Financial Position Analysis
Short Term Liabilities: 296's short term assets (HK$3.5B) exceed its short term liabilities (HK$599.1M).
Long Term Liabilities: 296's short term assets (HK$3.5B) exceed its long term liabilities (HK$139.3M).
Debt to Equity History and Analysis
Debt Level: 296's debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 296's debt to equity ratio has reduced from 15.1% to 0.7% over the past 5 years.
Debt Coverage: 296's debt is well covered by operating cash flow (1176.5%).
Interest Coverage: 296's interest payments on its debt are well covered by EBIT (583.2x coverage).
Balance Sheet
Inventory Level: 296 has a high level of physical assets or inventory.
Debt Coverage by Assets: 296's debt is covered by short term assets (assets are 85.3x debt).
Next Steps
Dividend
What is Emperor Entertainment Hotel's current dividend yield, its reliability and sustainability?
6.07%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 296's dividend (6.07%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).
High Dividend: 296's dividend (6.07%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.34%).
Stability and Growth of Payments
Stable Dividend: 296's dividend payments have been volatile in the past 10 years.
Growing Dividend: 296's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.5%), 296'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?
6.5yrs
Average board tenure
CEO
Emperor Entertainment Hotel has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 29.1yrs | HK$250.00k | no data | |
| Executive Director | 0yrs | HK$250.00k | no data | |
| Chairperson | 20.1yrs | no data | no data | |
| Independent Non-Executive Director | 6.5yrs | HK$220.00k | no data | |
| Independent Non-Executive Director | 4.5yrs | HK$220.00k | no data | |
| Independent Non-Executive Director | 3.5yrs | HK$220.00k | no data |
6.5yrs
Average Tenure
54.5yo
Average Age
Experienced Board: 296's board of directors are considered experienced (6.5 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Emperor Entertainment Hotel Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Emperor Entertainment Hotel Limited
- Ticker: 296
- Exchange: SEHK
- Founded:
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: HK$1.692b
- Shares outstanding: 1.23b
- Website: https://www.emp296.com
Number of Employees
Location
- Emperor Entertainment Hotel Limited
- Emperor Group Centre
- 28th Floor
- Wanchai
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 296 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jul 1992 |
| EM7A | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 1992 |
Biography
Emperor Entertainment Hotel Limited, an investment holding company, provides entertainment and hospitality services. The company operates through Gaming Operation and Hotel Operation segments. Its flagship project, Grand Emperor Hotel located in Macau, is a gaming hotel that offers various facilities covering restaurants and bars, a business center, a functional venue, a Thai Spa, a sauna house, and a nightclub, as well as VIP rooms, gaming concourses, and slot machines. The Grand Emperor Hotel consists of 67 tables in the gaming concourse; a VIP room with 10 tables; a capacity of 180 slot seats; and 311 guest rooms. The company also operates the Inn Hotel Macau with 287 guest rooms located at Taipa Island, Macau. In addition, it offers travel agency and project financing services; hotel and catering services; and gaming-related marketing, public relation, and promotion services, as well as agency services for gaming operation. The company was formerly known as Emperor (China Concept) Investments Ltd. and changed its name to Emperor Entertainment Hotel Limited in January 2005. The company is headquartered in Wanchai, Hong Kong. Emperor Entertainment Hotel Limited is a subsidiary of Emperor Entertainment Hotel Holdings Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/24 12:48 |
| End of Day Share Price | 2020/02/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.