SEHK:150

Stock Analysis Report

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Executive Summary

Hypebeast Limited, through its subsidiaries, operates as a digital media and e-commerce company in Hong Kong, the People’s Republic of China, Japan, the United States, the United Kingdom, and internationally. More Details

Rewards

Trading at 57.4% below our estimate of its fair value

Earnings have grown 43.4% per year over the past 5 years

Risk Analysis

No risks detected for 150 from our risk checks.


Snowflake Analysis

Excellent balance sheet with acceptable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 150 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.7%

150

-1.2%

HK Interactive Media and Services

0.1%

HK Market


1 Year Return

-45.7%

150

75.6%

HK Interactive Media and Services

2.0%

HK Market

Return vs Industry: 150 underperformed the Hong Kong Interactive Media and Services industry which returned 75.6% over the past year.

Return vs Market: 150 underperformed the Hong Kong Market which returned 2% over the past year.


Shareholder returns

150IndustryMarket
7 Day2.7%-1.2%0.1%
30 Day1.4%9.6%2.4%
90 Day5.6%1.7%-0.4%
1 Year-45.7%-45.7%76.1%75.6%6.3%2.0%
3 Year208.1%207.4%59.6%58.3%-5.7%-16.0%
5 Yearn/a280.3%275.1%16.4%-3.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Hypebeast 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: 150 (HK$0.75) is trading below our estimate of fair value (HK$1.76)

Significantly Below Fair Value: 150 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 150 is poor value based on its PE Ratio (23x) compared to the HK Interactive Media and Services industry average (11x).

PE vs Market: 150 is poor value based on its PE Ratio (23x) compared to the Hong Kong market (11.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 150's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 150 is overvalued based on its PB Ratio (5.5x) compared to the HK Interactive Media and Services industry average (1x).


Next Steps

Future Growth

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

19.2%

Forecasted Media 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 Hypebeast 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

Past Performance

How has Hypebeast performed over the past 5 years?

43.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 150 has high quality earnings.

Growing Profit Margin: 150's current net profit margins (8.8%) are lower than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: 150's earnings have grown significantly by 43.4% per year over the past 5 years.

Accelerating Growth: 150's earnings growth over the past year (6.3%) is below its 5-year average (43.4% per year).

Earnings vs Industry: 150 earnings growth over the past year (6.3%) underperformed the Interactive Media and Services industry 10.2%.


Return on Equity

High ROE: 150's Return on Equity (23.9%) is considered high.


Next Steps

Financial Health

How is Hypebeast's financial position?


Financial Position Analysis

Short Term Liabilities: 150's short term assets (HK$377.5M) exceed its short term liabilities (HK$148.0M).

Long Term Liabilities: 150's short term assets (HK$377.5M) exceed its long term liabilities (HK$31.0M).


Debt to Equity History and Analysis

Debt Level: 150's debt to equity ratio (11.9%) is considered satisfactory.

Reducing Debt: 150's debt to equity ratio has increased from 9.5% to 11.9% over the past 5 years.

Debt Coverage: 150's debt is well covered by operating cash flow (146.7%).

Interest Coverage: 150's interest payments on its debt are well covered by EBIT (73.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Hypebeast current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 150's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 150'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 150's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 150's dividend payments have been increasing.


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 150'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?

4.6yrs

Average board tenure


CEO

Kevin Ma (37 yo)

no data

Tenure

HK$2,917,000

Compensation

Mr. Pak Wing Ma, also known as Kevin, serves as the Chairman and Chief Executive Officer of Hypebeast Limited. Mr. Ma founded Hypebeast Limited in 2007. He is primarily responsible for the overall manageme ...


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD376.38K) is about average for companies of similar size in the Hong Kong market ($USD296.26K).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Pak Wing Ma
Founderno dataHK$2.92m72.89%
HK$ 1.1b
Yuen Tung Lee
Executive Director4.58yrsHK$3.34mno data
Lai King Poon
Independent Non-Executive Director4.58yrsHK$202.00kno data
Kai Chi Wong
Independent Non-Executive Director4.58yrsHK$202.00kno data
Shin Luen Kwan
Independent Non-Executive Director4.58yrsHK$202.00kno data

4.6yrs

Average Tenure

48yo

Average Age

Experienced Board: 150's board of directors are considered experienced (4.6 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

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


Key Information

  • Name: Hypebeast Limited
  • Ticker: 150
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: HK$1.549b
  • Shares outstanding: 2.04b
  • Website: https://www.hypebeast.com

Number of Employees


Location

  • Hypebeast Limited
  • 100 Kwai Cheong Road
  • 10th Floor, KC100
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
150SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDApr 2016
HYPP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2016

Biography

Hypebeast Limited, through its subsidiaries, operates as a digital media and e-commerce company in Hong Kong, the People’s Republic of China, Japan, the United States, the United Kingdom, and international ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 13:01
End of Day Share Price2020/10/22 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.