SEHK:18

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Oriental Press Group

Market Cap

HK$1.6b

Last Updated

2021/06/20 10:26 UTC

Data Sources

Company Financials

Executive Summary

Oriental Press Group Limited, an investment holding company, engages in the publication of newspapers in Hong Kong and Australia. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 18 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 18's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

8.3%

18

1.4%

HK Media

-1.3%

HK Market


1 Year Return

44.4%

18

59.5%

HK Media

21.7%

HK Market

Return vs Industry: 18 underperformed the Hong Kong Media industry which returned 59.5% over the past year.

Return vs Market: 18 exceeded the Hong Kong Market which returned 21.7% over the past year.


Shareholder returns

18IndustryMarket
7 Day8.3%1.4%-1.3%
30 Day20.4%10.3%0.2%
90 Day31.3%16.3%-2.2%
1 Year51.2%44.4%59.8%59.5%26.3%21.7%
3 Year-17.4%-27.8%4.3%1.7%10.1%-1.6%
5 Year59.5%-11.0%-38.5%-46.7%59.7%32.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

7.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 18 (HK$0.65) is trading above our estimate of fair value (HK$0.49)

Significantly Below Fair Value: 18 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 18 is good value based on its PE Ratio (7.4x) compared to the Hong Kong Media industry average (22.1x).

PE vs Market: 18 is good value based on its PE Ratio (7.4x) compared to the Hong Kong market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 18's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 18 is good value based on its PB Ratio (0.8x) compared to the HK Media industry average (1.3x).


Future Growth

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

81.1%

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 Oriental Press 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 Oriental Press Group performed over the past 5 years?

-9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 18 has a large one-off gain of HK$39.8M impacting its March 31 2021 financial results.

Growing Profit Margin: 18 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 18's earnings have declined by 9.8% per year over the past 5 years.

Accelerating Growth: 18 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 18 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (-25.5%).


Return on Equity

High ROE: 18's Return on Equity (11%) is considered low.


Financial Health

How is Oriental Press Group's financial position?


Financial Position Analysis

Short Term Liabilities: 18's short term assets (HK$1.1B) exceed its short term liabilities (HK$75.0M).

Long Term Liabilities: 18's short term assets (HK$1.1B) exceed its long term liabilities (HK$68.9M).


Debt to Equity History and Analysis

Debt Level: 18's debt to equity ratio (0.4%) is considered satisfactory.

Reducing Debt: 18's debt to equity ratio has increased from 0.2% to 0.4% over the past 5 years.

Debt Coverage: 18's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 18's interest payments on its debt are well covered by EBIT (575.4x coverage).


Balance Sheet


Dividend

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

6.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 18's dividend (6.15%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.9%).

High Dividend: 18's dividend (6.15%) is in the top 25% of dividend payers in the Hong Kong market (6.05%)


Stability and Growth of Payments

Stable Dividend: 18's dividend payments have been volatile in the past 10 years.

Growing Dividend: 18's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.7%), 18'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?

16.8yrs

Average board tenure


CEO

Shun-Chuen Lam (71 yo)

no data

Tenure

HK$2,733,000

Compensation

Mr. Shun-Chuen Lam serves as the Chief Executive Officer of Oriental Press Group Limited and has been it's Executive Director since October 4, 1999. Mr. Lam served as Vice-Chairman at Oriental Press Group ...


CEO Compensation Analysis

Compensation vs Market: Shun-Chuen's total compensation ($USD352.05K) is about average for companies of similar size in the Hong Kong market ($USD277.08K).

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


Board Members

Experienced Board: 18's board of directors are seasoned and experienced ( 16.8 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

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


Key Information

  • Name: Oriental Press Group Limited
  • Ticker: 18
  • Exchange: SEHK
  • Founded: 1969
  • Industry: Publishing
  • Sector: Media
  • Market Cap: HK$1.559b
  • Shares outstanding: 2.40b
  • Website: https://opg.on.cc/tc

Number of Employees


Location

  • Oriental Press Group Limited
  • Oriental Press Centre
  • 23 Dai Cheong Street
  • Tai Po
  • New Territories
  • Hong Kong

Listings


Biography

Oriental Press Group Limited, an investment holding company, engages in the publication of newspapers in Hong Kong and Australia. The company operates through two segments, Publication of Newspapers and Mo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/20 10:26
End of Day Share Price2021/06/18 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.