SJM Holdings Limited, an investment holding company, develops and operates casinos and related facilities in Macau, Hong Kong, and internationally. More Details
High growth potential and overvalued.
Share Price & News
How has SJM Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 880 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: 880's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 880 exceeded the Hong Kong Hospitality industry which returned 5.1% over the past year.
Return vs Market: 880 exceeded the Hong Kong Market which returned 7.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SJM Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StReturns On Capital At SJM Holdings (HKG:880) Paint An Interesting Picture
3 weeks ago | Simply Wall StWhat Kind Of Investors Own Most Of SJM Holdings Limited (HKG:880)?
1 month ago | Simply Wall StShareholders Of SJM Holdings (HKG:880) Must Be Happy With Their 54% Return
Is SJM Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 880 (HK$9.1) is trading below our estimate of fair value (HK$9.25)
Significantly Below Fair Value: 880 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 880 is poor value based on its PE Ratio (445.2x) compared to the HK Hospitality industry average (33.5x).
PE vs Market: 880 is poor value based on its PE Ratio (445.2x) compared to the Hong Kong market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: 880 is poor value based on its PEG Ratio (5.2x)
Price to Book Ratio
PB vs Industry: 880 is overvalued based on its PB Ratio (2x) compared to the HK Hospitality industry average (0.9x).
How is SJM Holdings forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 880's forecast earnings growth (85.5% per year) is above the savings rate (1.6%).
Earnings vs Market: 880's earnings (85.5% per year) are forecast to grow faster than the Hong Kong market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 880's revenue (39.8% per year) is forecast to grow faster than the Hong Kong market (13.8% per year).
High Growth Revenue: 880's revenue (39.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 880's Return on Equity is forecast to be low in 3 years time (8.8%).
How has SJM Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 880 has a high level of non-cash earnings.
Growing Profit Margin: 880's current net profit margins (0.5%) are lower than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: 880's earnings have declined by 6.9% per year over the past 5 years.
Accelerating Growth: 880's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 880 had negative earnings growth (-96.2%) over the past year, making it difficult to compare to the Hospitality industry average (-60.5%).
Return on Equity
High ROE: 880's Return on Equity (0.4%) is considered low.
How is SJM Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 880's short term assets (HK$8.6B) do not cover its short term liabilities (HK$10.8B).
Long Term Liabilities: 880's short term assets (HK$8.6B) do not cover its long term liabilities (HK$14.1B).
Debt to Equity History and Analysis
Debt Level: 880's debt to equity ratio (58.9%) is considered high.
Reducing Debt: 880's debt to equity ratio has increased from 5.3% to 58.9% over the past 5 years.
Debt Coverage: 880's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 880 earns more interest than it pays, so coverage of interest payments is not a concern.
What is SJM Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 880's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 880'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 880's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 880's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 880 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 880's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ambrose So (69 yo)
Dr. Shu Fai So, also known as Ambrose, has been the Chief Executive Officer of SJM Holdings Limited since 2002. Dr. So is responsible for execution of the SJM's strategy and the overall management of the S...
|Executive Co-Chairman||2.42yrs||HK$18.20m||8.07% |
|Executive Co-Chairman||2.42yrs||HK$5.30m||0.053% |
|Executive Chairman||2.42yrs||HK$16.30m||0.026% |
|Executive Vice Chairman & CEO||no data||HK$20.70m||2.7% |
|Executive Director||13.83yrs||HK$3.70m||0.11% |
|Executive Director||2.42yrs||HK$6.10m||0.036% |
|Independent Non-Executive Director||13.83yrs||HK$1.20m||0.0088% |
|Independent Non-Executive Director||13.83yrs||HK$3.50m||0.0035% |
|Chairman Emeritus||2.42yrs||no data||no data|
|Independent Non-Executive Director||13.83yrs||HK$4.40m||0.0088% |
|Non-Executive Director||14.83yrs||HK$13.80m||1.03% |
|Non Executive Director||1.42yrs||HK$900.00k||no data|
Experienced Board: 880's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 880 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SJM Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: SJM Holdings Limited
- Ticker: 880
- Exchange: SEHK
- Founded: 2006
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: HK$50.915b
- Shares outstanding: 5.68b
- Website: https://www.sjmholdings.com
Number of Employees
- SJM Holdings Limited
- China Merchants Tower
- 18th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|880||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jul 2008|
|3MG||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2008|
|SJMH.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 2008|
|880||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jul 2008|
|880||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jul 2008|
|SJMH.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Apr 2014|
SJM Holdings Limited, an investment holding company, develops and operates casinos and related facilities in Macau, Hong Kong, and internationally. It operates through Gaming Operations; and Hotel, Caterin...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 12:43|
|End of Day Share Price||2020/11/24 00:00|
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.