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Market Cap

HK$24.3b

Last Updated

2021/04/19 10:06 UTC

Data Sources

Company Financials +

Executive Summary

C.P. Pokphand Co. Ltd., an investment holding company, manufactures and sells animal feed products in Mainland China, Vietnam, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.

Share Price & News

How has C.P. Pokphand's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 43 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 43's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

0%

43

0.3%

HK Food

0.7%

HK Market


1 Year Return

52.4%

43

27.1%

HK Food

28.1%

HK Market

Return vs Industry: 43 exceeded the Hong Kong Food industry which returned 27.1% over the past year.

Return vs Market: 43 exceeded the Hong Kong Market which returned 28.1% over the past year.


Shareholder returns

43IndustryMarket
7 Day0%0.3%0.7%
30 Day-5.9%-3.7%-0.2%
90 Day31.5%-1.4%0.2%
1 Year66.1%52.4%31.6%27.1%33.4%28.1%
3 Year62.4%37.1%25.5%14.6%8.1%-3.8%
5 Year49.4%17.1%53.2%32.0%56.5%28.9%

Long-Term Price Volatility Vs. Market

How volatile is C.P. Pokphand's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is C.P. Pokphand 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: 43 (HK$0.96) is trading below our estimate of fair value (HK$3.9)

Significantly Below Fair Value: 43 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 43 is good value based on its PE Ratio (6x) compared to the HK Food industry average (13.3x).

PE vs Market: 43 is good value based on its PE Ratio (6x) compared to the Hong Kong market (11.8x).


Price to Earnings Growth Ratio

PEG Ratio: 43 is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: 43's PB Ratio (0.9x) is in line with the HK Food industry average.


Future Growth

How is C.P. Pokphand forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

2.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 43's forecast earnings growth (2.9% per year) is above the savings rate (1.5%).

Earnings vs Market: 43's earnings (2.9% per year) are forecast to grow slower than the Hong Kong market (18.3% per year).

High Growth Earnings: 43's earnings are forecast to grow, but not significantly.

Revenue vs Market: 43's revenue (3.7% per year) is forecast to grow slower than the Hong Kong market (13.3% per year).

High Growth Revenue: 43's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 43's Return on Equity is forecast to be low in 3 years time (13.7%).


Past Performance

How has C.P. Pokphand performed over the past 5 years?

23.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 43 has high quality earnings.

Growing Profit Margin: 43's current net profit margins (12%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: 43's earnings have grown significantly by 23.9% per year over the past 5 years.

Accelerating Growth: 43's earnings growth over the past year (49.7%) exceeds its 5-year average (23.9% per year).

Earnings vs Industry: 43 earnings growth over the past year (49.7%) exceeded the Food industry 11.8%.


Return on Equity

High ROE: 43's Return on Equity (18.7%) is considered low.


Financial Health

How is C.P. Pokphand's financial position?


Financial Position Analysis

Short Term Liabilities: 43's short term assets ($2.0B) exceed its short term liabilities ($1.2B).

Long Term Liabilities: 43's short term assets ($2.0B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: 43's debt to equity ratio (28.2%) is considered satisfactory.

Reducing Debt: 43's debt to equity ratio has reduced from 84.5% to 28.2% over the past 5 years.

Debt Coverage: 43's debt is well covered by operating cash flow (83.5%).

Interest Coverage: 43's interest payments on its debt are well covered by EBIT (10.2x coverage).


Balance Sheet


Dividend

What is C.P. Pokphand current dividend yield, its reliability and sustainability?

11.00%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 19 2021Ex Dividend DateJun 04 2021Dividend Pay DateJul 06 202132 days from Ex DividendBuy in the next 45 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 43's dividend (11%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.95%).

High Dividend: 43's dividend (11%) is in the top 25% of dividend payers in the Hong Kong market (5.98%)


Stability and Growth of Payments

Stable Dividend: 43's dividend payments have been volatile in the past 10 years.

Growing Dividend: 43's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (66.3%), 43's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 43's dividends in 3 years are forecast to be covered by earnings (50% payout ratio).


Next Steps

Management

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

9.0yrs

Average management tenure


CEO

C.P. Pokphand has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 43's management team is seasoned and experienced (9 years average tenure).


Board Members

Experienced Board: 43's board of directors are considered experienced (5.9 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.


Ownership Breakdown

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


Top Shareholders

Company Information

C.P. Pokphand Co. Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: C.P. Pokphand Co. Ltd.
  • Ticker: 43
  • Exchange: SEHK
  • Founded: 1988
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: HK$24.320b
  • Shares outstanding: 25.33b
  • Website: https://www.cpp.hk

Number of Employees


Location

  • C.P. Pokphand Co. Ltd.
  • Far East Finance Centre
  • 21st Floor
  • Hong Kong
  • Hong Kong

Listings


Biography

C.P. Pokphand Co. Ltd., an investment holding company, manufactures and sells animal feed products in Mainland China, Vietnam, and internationally. The company operates through three segments: China Agri-F...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 10:06
End of Day Share Price2021/04/19 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.