Oriental Press Group Limited, an investment holding company, engages in the publication of newspapers in Hong Kong and Australia. More Details
Excellent balance sheet second-rate dividend payer.
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 less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 18's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 18 underperformed the Hong Kong Media industry which returned 31.5% over the past year.
Return vs Market: 18 underperformed the Hong Kong Market which returned 11.3% over the past year.
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
1 day ago | Simply Wall StWill The ROCE Trend At Oriental Press Group (HKG:18) Continue?
4 weeks ago | Simply Wall StReflecting on Oriental Press Group's (HKG:18) Share Price Returns Over The Last Three Years
2 months ago | Simply Wall StHow Should Investors Feel About Oriental Press Group's (HKG:18) CEO Remuneration?
Is Oriental Press Group 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: 18 (HK$0.44) is trading below our estimate of fair value (HK$1.22)
Significantly Below Fair Value: 18 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 18 is poor value based on its PE Ratio (26.5x) compared to the HK Media industry average (12.1x).
PE vs Market: 18 is poor value based on its PE Ratio (26.5x) compared to the Hong Kong market (11.2x).
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's PB Ratio (0.6x) is in line with the HK Media industry average.
How is Oriental Press Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Oriental Press Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Oriental Press Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
How has Oriental Press Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 18 has a large one-off loss of HK$22.9M impacting its September 30 2020 financial results.
Growing Profit Margin: 18's current net profit margins (5.3%) are lower than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: 18's earnings have declined by 10.6% per year over the past 5 years.
Accelerating Growth: 18's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 18 had negative earnings growth (-53.1%) over the past year, making it difficult to compare to the Media industry average (-8%).
Return on Equity
High ROE: 18's Return on Equity (2.1%) is considered low.
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$118.6M).
Long Term Liabilities: 18's short term assets (HK$1.1B) exceed its long term liabilities (HK$53.9M).
Debt to Equity History and Analysis
Debt Level: 18's debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 18's debt to equity ratio has increased from 0.2% to 0.4% over the past 5 years.
Debt Coverage: 18's debt is well covered by operating cash flow (1816.6%).
Interest Coverage: 18 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Oriental Press Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 18's dividend (9.09%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.19%).
High Dividend: 18's dividend (9.09%) is in the top 25% of dividend payers in the Hong Kong market (6.58%)
Stability and Growth of Payments
Stable Dividend: 18 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 18 has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.2%), 18's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Shun-Chuen Lam (71 yo)
Mr. Shun-Chuen Lam serves as the Chief Executive Officer of Oriental Press Group Limited and has been it's Executive Director since October 4, 1999. Mr. Lam served as Vice-Chairman at Oriental Press Group ...
CEO Compensation Analysis
Compensation vs Market: Shun-Chuen's total compensation ($USD352.61K) is above average for companies of similar size in the Hong Kong market ($USD230.41K).
Compensation vs Earnings: Shun-Chuen's compensation has been consistent with company performance over the past year.
|Chairman of the Board||15.5yrs||HK$19.52m||6.25% |
|CEO & Executive Director||no data||HK$2.73m||no data|
|Independent Non Executive Director||14.67yrs||HK$130.00k||no data|
|Independent Non-Executive Director||33.33yrs||HK$160.00k||no data|
|Non-Executive Director||22.25yrs||HK$140.00k||no data|
|Independent Non-Executive Director||16.17yrs||HK$170.00k||no data|
Experienced Board: 18's board of directors are seasoned and experienced ( 16.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Oriental Press Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Oriental Press Group Limited
- Ticker: 18
- Exchange: SEHK
- Founded: 1969
- Industry: Publishing
- Sector: Media
- Market Cap: HK$1.067b
- Shares outstanding: 2.40b
- Website: https://opg.on.cc/tc
Number of Employees
- Oriental Press Group Limited
- Oriental Press Centre
- 23 Dai Cheong Street
- Tai Po
- New Territories
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|18||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|OPQ||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/30 10:06|
|End of Day Share Price||2020/11/30 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.