How does 1981's PS Ratio compare to its peers?

1981 is good value based on its Price-To-Sales Ratio (2.5x) compared to the peer average (5.4x).

How does 1981's PS Ratio compare vs other companies in the HK Entertainment Industry?

1981 is expensive based on its Price-To-Sales Ratio (2.5x) compared to the Hong Kong Entertainment industry average (1.5x).

What is 1981's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1981 is expensive based on its Price-To-Sales Ratio (2.5x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

What is the Fair Price of 1981 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1981 (HK$1.28) is trading above our estimate of [[fair value]] (HK$0.61)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Cathay Group Holdings (SEHK:1981) - Stock Price, News & Analysis

1981 Stock Overview

An investment holding company, engages in the entertainment production and higher education businesses in the People’s Republic of China and internationally. More details

1981 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 62.37% per year

Risk Analysis

No risks detected for 1981 from our risk checks.

Cathay Group Holdings Inc. Competitors

ZO Future Group

SEHK:2309

HK$2.1b

Huafang Group

SEHK:3611

HK$2.3b

Star CM Holdings

SEHK:6698

HK$1.8b

IMAX China Holding

SEHK:1970

HK$2.4b

Price History & Performance

Summary of all time highs, changes and price drops for Cathay Group Holdings
Historical stock prices
Current Share Price	HK$1.28
52 Week High	HK$1.38
52 Week Low	HK$0.57
Beta	0.63
11 Month Change	39.13%
3 Month Change	93.94%
1 Year Change	60.00%
33 Year Change	-59.87%
5 Year Change	n/a
Change since IPO	-73.98%

Cathay Group Holdings Inc.'s (HKG:1981) 28% Share Price Surge Not Quite Adding Up

Oct 21

Cathay Group Holdings Inc. (HKG:1981) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Sep 02

Recent updates

Cathay Group Holdings Inc.'s (HKG:1981) 28% Share Price Surge Not Quite Adding Up

Oct 21

Cathay Group Holdings Inc. (HKG:1981) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Sep 02

Shareholders May Be A Bit More Conservative With Cathay Media and Education Group Inc.'s (HKG:1981) CEO Compensation For Now

May 23

Cathay Media and Education Group Inc.'s (HKG:1981) 28% Share Price Surge Not Quite Adding Up

Apr 10

Cathay Media and Education Group (HKG:1981) Might Be Having Difficulty Using Its Capital Effectively

Jul 07

Estimating The Fair Value Of Cathay Media and Education Group Inc. (HKG:1981)

May 26

Here's What's Concerning About Cathay Media and Education Group's (HKG:1981) Returns On Capital

Mar 15

An Intrinsic Calculation For Cathay Media and Education Group Inc. (HKG:1981) Suggests It's 28% Undervalued

Dec 19

Investors Could Be Concerned With Cathay Media and Education Group's (HKG:1981) Returns On Capital

Jun 22

Cathay Media and Education Group (HKG:1981) Has Announced That Its Dividend Will Be Reduced To HK$0.06

May 30

Cathay Media and Education Group (HKG:1981) Is Reducing Its Dividend To HK$0.06

May 12

Cathay Media and Education Group's (HKG:1981) Dividend Is Being Reduced To HK$0.06

Apr 28

Cathay Media and Education Group (HKG:1981) Is Reducing Its Dividend To HK$0.06

Apr 04

Cathay Media and Education Group (HKG:1981) Might Be Having Difficulty Using Its Capital Effectively

Dec 27

Cathay Media and Education Group Inc. (HKG:1981) Has Got What It Takes To Be An Attractive Dividend Stock

May 05

Cathay Media and Education Group Inc.'s (HKG:1981) P/E Still Appears To Be Reasonable

Apr 14

Shareholder Returns

	1981	HK Entertainment	HK Market
7D	21.9%	-0.8%	-2.8%
1Y	60.0%	-21.4%	10.0%

Return vs Industry: 1981 exceeded the Hong Kong Entertainment industry which returned -20.6% over the past year.

Return vs Market: 1981 exceeded the Hong Kong Market which returned 9.7% over the past year.

Price Volatility

Is 1981's price volatile compared to industry and market?
1981 volatility
1981 Average Weekly Movement	8.7%
Entertainment Industry Average Movement	10.6%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.0%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 1981 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1981's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	2,230	Shulin Pu	www.cathaymedia.com

Cathay Group Holdings Inc., an investment holding company, engages in the entertainment production and higher education businesses in the People’s Republic of China and internationally. It is involved in the production and distribution of films, television series and shows, media IP, and web films; and operation of Nanjing, a communication university of China, that offers higher education services on media and arts. The company was formerly known as Cathay Media and Education Group Inc. and changed its name to Cathay Group Holdings Inc. in April 2024.

Cathay Group Holdings Inc. Fundamentals Summary

How do Cathay Group Holdings's earnings and revenue compare to its market cap?
1981 fundamental statistics
Market cap	HK$2.08b
Earnings (TTM)	-HK$30.83m
Revenue (TTM)	HK$826.87m

2.5x

P/S Ratio

-67.4x

P/E Ratio

Is 1981 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1981 income statement (TTM)
Revenue	CN¥768.82m
Cost of Revenue	CN¥448.82m
Gross Profit	CN¥320.00m
Other Expenses	CN¥348.67m
Earnings	-CN¥28.66m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.018
Gross Margin	41.62%
Net Profit Margin	-3.73%
Debt/Equity Ratio	0%

How did 1981 perform over the long term?

See historical performance and comparison

1981 Stock Overview

Rewards

Risk Analysis

Cathay Group Holdings Inc. Competitors

SEHK:2309

HK$2.1b

SEHK:3611

HK$2.3b

SEHK:6698

HK$1.8b

SEHK:1970

HK$2.4b

Price History & Performance

Recent News & Updates

Cathay Group Holdings Inc.'s (HKG:1981) 28% Share Price Surge Not Quite Adding Up

Now 21% overvalued

First half 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.073 loss in 1H 2023)

Cathay Group Holdings Inc. (HKG:1981) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Cathay Group Holdings Inc. to Report First Half, 2024 Results on Aug 29, 2024

Founder recently bought HK$530k worth of stock

Recent updates

Cathay Group Holdings Inc.'s (HKG:1981) 28% Share Price Surge Not Quite Adding Up

Now 21% overvalued

First half 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.073 loss in 1H 2023)

Cathay Group Holdings Inc. (HKG:1981) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Cathay Group Holdings Inc. to Report First Half, 2024 Results on Aug 29, 2024

Founder recently bought HK$530k worth of stock

Cathay Media and Education Group Inc. Approves Special Dividend for the Year Ended 31 December 2023

Upcoming dividend of HK$0.06 per share

Shareholders May Be A Bit More Conservative With Cathay Media and Education Group Inc.'s (HKG:1981) CEO Compensation For Now

Cathay Media and Education Group Inc. Proposes Special Dividend for the Year Ended 31 December 2023

Cathay Media and Education Group Inc.'s (HKG:1981) 28% Share Price Surge Not Quite Adding Up

Founder recently bought HK$318k worth of stock

Cathay Media and Education Group Inc., Annual General Meeting, May 30, 2024

Full year 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.032 profit in FY 2022)

Cathay Media and Education Group Inc. Announces Special Dividend for the Year Ended December 31, 2023, Payable on June 28, 2024

Price target decreased by 23% to HK$1.65

Cathay Media and Education Group Inc. to Report Fiscal Year 2023 Results on Mar 27, 2024

Founder recently bought HK$249k worth of stock

Upcoming dividend of HK$0.03 per share at 7.6% yield

First half 2023 earnings released: CN¥0.073 loss per share (vs CN¥0.069 profit in 1H 2022)

Cathay Media and Education Group Inc. Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 10 November 2023

Cathay Media and Education Group Inc. Provides Consolidated Earnings Guidance for the the Six Months Ended 30 June 2023

Cathay Media and Education Group Inc. to Report First Half, 2023 Results on Aug 29, 2023

Now 21% undervalued after recent price drop

Less than half of directors are independent

Cathay Media and Education Group (HKG:1981) Might Be Having Difficulty Using Its Capital Effectively

Cathay Media and Education Group Inc. Announces Executive Changes

Now 20% undervalued

Now 21% undervalued

Estimating The Fair Value Of Cathay Media and Education Group Inc. (HKG:1981)

Price target increased by 42% to HK$2.09

Consensus EPS estimates increase by 42%, revenue downgraded

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 29%

Here's What's Concerning About Cathay Media and Education Group's (HKG:1981) Returns On Capital

Now 21% undervalued

Now 21% undervalued

Now 20% undervalued

Now 21% undervalued

An Intrinsic Calculation For Cathay Media and Education Group Inc. (HKG:1981) Suggests It's 28% Undervalued

Investor sentiment improved over the past week

Founder recently bought HK$803k worth of stock

Investor sentiment improved over the past week

Price target increased to HK$2.49

Less than half of directors are independent

Founder recently bought HK$1.2m worth of stock

Less than half of directors are independent

Cathay Media and Education Group Inc. Announces Interim Dividend for the Six Months Ended June 30, 2022, Payable on 28 October 2022

Cathay Media and Education Group Inc. Provides Earnings Guidance for the Six Months Ended 30 June 2022

Cathay Media and Education Group Inc. to Report First Half, 2022 Results on Aug 31, 2022

Cathay Media and Education Group Inc. Announces Changes in Address

Investors Could Be Concerned With Cathay Media and Education Group's (HKG:1981) Returns On Capital

Investor sentiment improved over the past week

Cathay Media and Education Group (HKG:1981) Has Announced That Its Dividend Will Be Reduced To HK$0.06

Cathay Media and Education Group Inc. Announces Executive Changes

Upcoming dividend of HK$0.06 per share

Cathay Media and Education Group (HKG:1981) Is Reducing Its Dividend To HK$0.06

Cathay Media and Education Group's (HKG:1981) Dividend Is Being Reduced To HK$0.06

Cathay Media and Education Group Inc. Proposes Final Dividend for the Year Ended 31 December 2021