SEHK:158

Stock Analysis Report

Melbourne Enterprises

Executive Summary

Melbourne Enterprises Limited, an investment holding company, engages in property investment activities in Hong Kong.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • Melbourne Enterprises is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.1%

SEHK:158

2.8%

HK Real Estate

2.2%

HK Market


1 Year Return

-0.6%

SEHK:158

-8.0%

HK Real Estate

-11.1%

HK Market

158 outperformed the Real Estate industry which returned -7% over the past year.

158 outperformed the Market in Hong Kong which returned -12.3% over the past year.


Share holder returns

158IndustryMarket
7 Day-0.1%2.8%2.2%
30 Day-9.9%-9.4%-7.3%
90 Day-11.5%-7.5%-4.8%
1 Year1.8%-0.6%-4.1%-8.0%-7.9%-11.1%
3 Year57.2%45.5%37.5%23.3%15.5%4.1%
5 Year69.9%47.0%49.7%24.2%10.0%-8.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Melbourne Enterprises undervalued based on future cash flows and its price relative to the stock market?

3.62x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Melbourne Enterprises's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Melbourne Enterprises's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Melbourne Enterprises is good value based on earnings compared to the HK Real Estate industry average.

Melbourne Enterprises is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Melbourne Enterprises, we can't assess if its growth is good value.


Price Based on Value of Assets

Melbourne Enterprises is good value based on assets compared to the HK Real Estate industry average.


Next Steps

Future Growth

How is Melbourne Enterprises expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Melbourne Enterprises is high growth as no revenue estimate data is available.

Melbourne Enterprises's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Melbourne Enterprises's revenue growth to the Hong Kong market average as no estimate data is available.

Melbourne Enterprises's earnings are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.

Melbourne Enterprises's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Melbourne Enterprises will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Melbourne Enterprises performed over the past 5 years?

49.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Melbourne Enterprises has delivered over 20% year on year earnings growth in the past 5 years.

Melbourne Enterprises's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Melbourne Enterprises's 1-year earnings growth is negative, it can't be compared to the HK Real Estate industry average.


Return on Equity

Melbourne Enterprises has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Melbourne Enterprises used its assets more efficiently than the HK Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

Melbourne Enterprises's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Melbourne Enterprises's financial position?


Financial Position Analysis

Melbourne Enterprises is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Melbourne Enterprises's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Melbourne Enterprises has no debt.

Melbourne Enterprises has not taken on any debt in the past 5 years.

Melbourne Enterprises has no debt, it does not need to be covered by operating cash flow.

Melbourne Enterprises has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Melbourne Enterprises has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Melbourne Enterprises's current dividend yield, its reliability and sustainability?

2.53%

Current Dividend Yield


Dividend Yield and Payments Analysis

Melbourne Enterprises's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.27%).

Melbourne Enterprises's dividend is below the markets top 25% of dividend payers in Hong Kong (6.12%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (10.9x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

  • Explore strong dividend paying companies in the Real Estate industry.

Management

What is the CEO of Melbourne Enterprises's salary, the management and board of directors tenure and is there insider trading?

19.8yrs

Average board tenure


CEO

Melbourne Enterprises has no CEO, or we have no data on them.


Board Age and Tenure

19.8yrs

Average Tenure

68yo

Average Age

The average tenure for the Melbourne Enterprises board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Ming Fai Chung (99yo)

    Co-Founder & Chairman of the Board

    • Tenure: 4.3yrs
    • Compensation: HK$150.00k
  • Frederick Chung (75yo)

    Company Secretary & Executive Director

    • Tenure: 51.7yrs
    • Compensation: HK$1.43m
  • Patrick Tsang (47yo)

    Executive Director

    • Tenure: 4.3yrs
    • Compensation: HK$150.00k

Board Members

  • Yun Wah Fong (94yo)

    Independent Non-Executive Director

    • Tenure: 24.8yrs
    • Compensation: HK$150.00k
  • Pak Shiu Lo (65yo)

    Independent Non-Executive Director

    • Tenure: 30.4yrs
    • Compensation: HK$150.00k
  • Ming Fai Chung (99yo)

    Co-Founder & Chairman of the Board

    • Tenure: 4.3yrs
    • Compensation: HK$150.00k
  • Frederick Chung (75yo)

    Company Secretary & Executive Director

    • Tenure: 51.7yrs
    • Compensation: HK$1.43m
  • Robert Chung (71yo)

    Non-Executive Director

    • Tenure: 43.7yrs
    • Compensation: HK$150.00k
  • Patrick Yuen (62yo)

    Independent Non-Executive Director

    • Tenure: 14.9yrs
    • Compensation: HK$150.00k
  • Patrick Tsang (47yo)

    Executive Director

    • Tenure: 4.3yrs
    • Compensation: HK$150.00k
  • Kenneth Lau (43yo)

    Alternate Director

    • Tenure: 0.3yrs

Company Information

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


Key Information

  • Name: Melbourne Enterprises Limited
  • Ticker: 158
  • Exchange: SEHK
  • Founded:
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$5.050b
  • Shares outstanding: 25.00m
  • Website: https://null

Number of Employees


Location

  • Melbourne Enterprises Limited
  • Melbourne Plaza
  • Rooms 2102-4
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
158SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992

Biography

Melbourne Enterprises Limited, an investment holding company, engages in property investment activities in Hong Kong. Its investment properties include Melbourne Plaza, Kimley Commercial Building, and On H ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 12:36
End of Day Share Price2019/08/22 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.