ESR Cayman Limited, together with its subsidiaries, engages in the logistics real estate development, leasing, and management activities in the Public’s Republic of China, Japan, South Korea, Singapore, Australia, and India.
Moderate growth potential with questionable track record.
Share Price & News
How has ESR Cayman's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1821's share price has been volatile over the past 3 months.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: Insufficient data to determine how 1821 performed against the Hong Kong Real Estate industry.
Return vs Market: Insufficient data to determine how 1821 performed against the Hong Kong Market.
Price Volatility Vs. Market
How volatile is ESR Cayman's share price compared to the market and industry in the last 5 years?
Simply Wall St News
18 hours ago | Simply Wall StESR Cayman's (HKG:1821) Earnings Are Growing But Is There More To The Story?
3 weeks ago | Simply Wall StHow Much Are ESR Cayman Limited (HKG:1821) Insiders Spending On Buying Shares?
1 month ago | Simply Wall StHow Does ESR Cayman's (HKG:1821) P/E Compare To Its Industry, After Its Big Share Price Gain?
Is ESR Cayman undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1821 (HK$17.36) is trading above our estimate of fair value (HK$0.38)
Significantly Below Fair Value: 1821 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1821 is poor value based on its PE Ratio (25.1x) compared to the Real Estate industry average (6x).
PE vs Market: 1821 is poor value based on its PE Ratio (25.1x) compared to the Hong Kong market (9.3x).
Price to Earnings Growth Ratio
PEG Ratio: 1821 is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 1821 is overvalued based on its PB Ratio (2.2x) compared to the HK Real Estate industry average (0.4x).
How is ESR Cayman forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1821's forecast earnings growth (22.4% per year) is above the savings rate (1.6%).
Earnings vs Market: 1821's earnings (22.4% per year) are forecast to grow faster than the Hong Kong market (16.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1821's revenue (6.5% per year) is forecast to grow slower than the Hong Kong market (10.6% per year).
High Growth Revenue: 1821's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1821's Return on Equity is forecast to be low in 3 years time (7.9%).
How has ESR Cayman performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1821 has a large one-off gain of $325.4M impacting its December 31 2019 financial results.
Growing Profit Margin: 1821's current net profit margins (54.4%) are lower than last year (63.5%).
Past Earnings Growth Analysis
Earnings Trend: 1821's earnings have grown significantly by 31.6% per year over the past 5 years.
Accelerating Growth: 1821's earnings growth over the past year (20.8%) is below its 5-year average (31.6% per year).
Earnings vs Industry: 1821 earnings growth over the past year (20.8%) exceeded the Real Estate industry 2.8%.
Return on Equity
High ROE: 1821's Return on Equity (8.6%) is considered low.
How is ESR Cayman's financial position?
Financial Position Analysis
Short Term Liabilities: 1821's short term assets ($1.2B) exceed its short term liabilities ($489.0M).
Long Term Liabilities: 1821's short term assets ($1.2B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: 1821's debt to equity ratio (79.1%) is considered high.
Reducing Debt: Insufficient data to determine if 1821's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1821's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: 1821's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is ESR Cayman's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1821's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1821's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1821's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1821's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1821's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stuart Gibson (55yo)
Mr. Stuart Gibson is a Co-Founder and has been Co-Chief Executive Officer of ESR Cayman Limited since January 2016. Mr. Gibson has been an Executive Director of ESR Cayman Limited since January 20, 2016. H ...
CEO Compensation Analysis
Compensation vs Market: Stuart's total compensation ($USD567.00K) is about average for companies of similar size in the Hong Kong market ($USD605.09K).
Compensation vs Earnings: Stuart's compensation has increased by more than 20% in the past year.
|Co-Founder||no data||US$57.00k||no data|
|Group Chief Financial Officer||3.42yrs||no data||no data|
|Chief Operating Officer of PRC Platform||no data||no data||no data|
|Managing Director of Group Capital Markets & Investors Relations||0.67yr||no data||no data|
|Group General Counsel||no data||no data||no data|
|Executive Director of Group Corporate Communications||no data||no data||no data|
|Chief Investment Officer of South Korea Platform||no data||no data||no data|
Experienced Management: 1821's management team is considered experienced (3.9 years average tenure).
|CEO & Executive Director of ESR Funds Management (S) Limited||no data||no data||no data|
|Independent Non-Executive Director||1yr||US$15.00k||no data|
|Non-Executive Director||8.92yrs||no data||no data|
|Non-Executive Chairman of the Board||1yr||no data||no data|
|Independent Non-Executive Director||1yr||US$15.00k||no data|
|Non-Executive Director||2yrs||no data||no data|
|Independent Non-Executive Director||1yr||US$16.00k||no data|
Experienced Board: 1821's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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
Dilution of Shares: 1821 only recently listed within the past 12 months.
ESR Cayman Limited's company bio, employee growth, exchange listings and data sources
- Name: ESR Cayman Limited
- Ticker: 1821
- Exchange: SEHK
- Founded: 2011
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$52.706b
- Shares outstanding: 3.04b
- Website: https://www.esr.com
Number of Employees
- ESR Cayman Limited
- 2406-07 Man Yee Building
- 68 Des Voeux Road Central
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1821||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 2019|
|3K6||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Nov 2019|
ESR Cayman Limited, together with its subsidiaries, engages in the logistics real estate development, leasing, and management activities in the Public’s Republic of China, Japan, South Korea, Singapore, Australia, and India. It operates through three segments: Investment, Fund Management, and Development. The company develops, constructs, invests in, and sells logistics real estate properties. It is also involved in the fund management business. In addition, the company invests in properties, co-investments funds and investment vehicles, public REIT, and other investments. It serves e-commerce companies, 3PL providers, bricks-and-mortar retailers, manufacturers, cold-chain logistics providers, and other enterprises in various industries comprising electronics, fast-moving consumer goods, retail, food and beverage, general logistics services, auto and parts, pharmaceuticals, medical instruments, and machinery. ESR Cayman Limited was incorporated in 2011 and is headquartered in Central, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 13:37|
|End of Day Share Price||2020/05/28 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.