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Market Cap

HK$11.1b

Last Updated

2021/05/11 10:09 UTC

Data Sources

Company Financials

Executive Summary

Allied Group Limited, an investment holding company, engages in the property investment and development, and financial service businesses in Hong Kong, Mainland China, and internationally. More Details


Snowflake Analysis

Undervalued second-rate dividend payer.


Similar Companies

Share Price & News

How has Allied Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 373 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 373's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-6.5%

373

-2.5%

HK Consumer Finance

0.4%

HK Market


1 Year Return

65.1%

373

38.9%

HK Consumer Finance

24.5%

HK Market

Return vs Industry: 373 exceeded the Hong Kong Consumer Finance industry which returned 38.9% over the past year.

Return vs Market: 373 exceeded the Hong Kong Market which returned 24.5% over the past year.


Shareholder returns

373IndustryMarket
7 Day-6.5%-2.5%0.4%
30 Day-0.6%-2.2%-0.7%
90 Day-2.8%1.5%-3.9%
1 Year78.2%65.1%43.0%38.9%29.3%24.5%
3 Year56.4%29.1%-17.9%-23.7%2.5%-8.3%
5 Year117.9%64.7%-2.0%-17.9%62.1%34.7%

Long-Term Price Volatility Vs. Market

How volatile is Allied Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Allied Group undervalued compared to its fair value and its price relative to the market?

29.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 373 (HK$3.17) is trading below our estimate of fair value (HK$4.51)

Significantly Below Fair Value: 373 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 373 is good value based on its PE Ratio (5.5x) compared to the Hong Kong Consumer Finance industry average (7.8x).

PE vs Market: 373 is good value based on its PE Ratio (5.5x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 373's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 373 is good value based on its PB Ratio (0.3x) compared to the HK Consumer Finance industry average (0.6x).


Future Growth

How is Allied Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.2%

Forecasted Diversified Financials 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 Allied Group 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 Allied Group performed over the past 5 years?

-7.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 373 has a large one-off gain of HK$2.5B impacting its December 31 2020 financial results.

Growing Profit Margin: 373's current net profit margins (46.8%) are lower than last year (52.2%).


Past Earnings Growth Analysis

Earnings Trend: 373's earnings have declined by 7% per year over the past 5 years.

Accelerating Growth: 373's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 373 had negative earnings growth (-19.3%) over the past year, making it difficult to compare to the Consumer Finance industry average (-19.9%).


Return on Equity

High ROE: 373's Return on Equity (7.5%) is considered low.


Financial Health

How is Allied Group's financial position?


Financial Position Analysis

Short Term Liabilities: 373's short term assets (HK$27.4B) exceed its short term liabilities (HK$12.8B).

Long Term Liabilities: 373's short term assets (HK$27.4B) exceed its long term liabilities (HK$8.6B).


Debt to Equity History and Analysis

Debt Level: 373's debt to equity ratio (40.5%) is considered high.

Reducing Debt: 373's debt to equity ratio has increased from 27% to 40.5% over the past 5 years.

Debt Coverage: 373's debt is not well covered by operating cash flow (11.6%).

Interest Coverage: Insufficient data to determine if 373's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Allied Group current dividend yield, its reliability and sustainability?

3.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 373's dividend (3.94%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).

High Dividend: 373's dividend (3.94%) is low compared to the top 25% of dividend payers in the Hong Kong market (5.9%).


Stability and Growth of Payments

Stable Dividend: 373's dividend payments have been volatile in the past 10 years.

Growing Dividend: 373's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.6%), 373'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?

5.2yrs

Average management tenure


CEO

Seng-Hui Lee (51 yo)

23.33yrs

Tenure

HK$61,950,000

Compensation

Mr. Seng-Hui Lee, LLB (Hons), has been the Chief Executive Officer of Allied Group Limited since January 1998. Mr. Lee has been the Chief Executive of Allied Properties (H.K.) Limited since June 18, 2010. ...


CEO Compensation Analysis

Compensation vs Market: Seng-Hui's total compensation ($USD7.98M) is above average for companies of similar size in the Hong Kong market ($USD640.12K).

Compensation vs Earnings: Seng-Hui's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 373's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: 373's board of directors are seasoned and experienced ( 15.3 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

Allied Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Allied Group Limited
  • Ticker: 373
  • Exchange: SEHK
  • Founded: 1972
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: HK$11.143b
  • Shares outstanding: 3.52b
  • Website: https://www.alliedgroup.com.hk

Number of Employees


Location

  • Allied Group Limited
  • Allied Kajima Building
  • 22nd Floor
  • Wan Chai
  • Hong Kong

Listings


Biography

Allied Group Limited, an investment holding company, engages in the property investment and development, and financial service businesses in Hong Kong, Mainland China, and internationally. The company oper...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/11 10:09
End of Day Share Price2021/05/11 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.