Swire Pacific
Market Cap
HK$98.6b
Last Updated
2019/10/14 12:38 UTC
Data Sources
Company Financials +
Executive Summary
Swire Pacific Limited engages in property, aviation, beverages, marine services, and trading and industrial businesses in Hong Kong, Asia, the United States, and internationally.
Snowflake
Fundamentals
Good value with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Swire Pacific's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.1%
19
2.6%
HK Real Estate
2.9%
HK Market
1 Year Return
-11.9%
19
9.9%
HK Real Estate
0.7%
HK Market
Return vs Industry: 19 underperformed the Hong Kong Real Estate industry which returned 9.9% over the past year.
Return vs Market: 19 underperformed the Hong Kong Market which returned 0.7% over the past year.
Shareholder returns
| 19 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | 2.6% | 2.9% |
| 30 Day | -7.5% | -1.5% | -2.5% |
| 90 Day | -22.8% | -10.8% | -5.4% |
| 1 Year | -8.7%-11.9% | 14.1%9.9% | 4.4%0.7% |
| 3 Year | -3.4%-11.7% | 38.8%24.4% | 17.0%5.2% |
| 5 Year | -13.1%-27.0% | 59.8%34.2% | 20.2%0.2% |
Price Volatility Vs. Market
How volatile is Swire Pacific's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is Swire Pacific Limited (HKG:19) A Smart Choice For Dividend Investors?2 weeks ago | Simply Wall St
Why I Like Swire Pacific Limited (HKG:19)1 month ago | Simply Wall St
When Should You Buy Swire Pacific Limited (HKG:19)?Valuation
Is Swire Pacific undervalued compared to its fair value and its price relative to the market?
35.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 19 (HK$72.65) is trading below our estimate of fair value (HK$113.35)
Significantly Undervalued: 19 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 19 is good value based on its PE Ratio (6x) compared to the Real Estate industry average (6.1x).
PE vs Market: 19 is good value based on its PE Ratio (6x) compared to the Hong Kong market (10.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: 19's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 19 is good value based on its PB Ratio (0.4x) compared to the HK Real Estate industry average (0.5x).
Next Steps
Future Growth
How is Swire Pacific forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
-29.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 19's earnings are forecast to decline over the next 3 years (-29% per year).
Earnings vs Market: 19's earnings are forecast to decline over the next 3 years (-29% per year).
High Growth Earnings: 19's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 19's revenue (4.3% per year) is forecast to grow slower than the Hong Kong market (10.1% per year).
High Growth Revenue: 19's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: 19's Return on Equity is forecast to be low in 3 years time (3.9%).
Next Steps
Past Performance
How has Swire Pacific performed over the past 5 years?
18.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 19's earnings have grown by 18% per year over the past 5 years.
Accelerating Growth: 19's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 19 had negative earnings growth (-34.1%) over the past year, making it difficult to compare to the Real Estate industry average (-12.4%).
Return on Equity
High ROE: 19's Return on Equity (6.5%) is considered low.
Return on Assets
ROA vs Industry: 19 has a higher Return on Assets than the Real Estate industry average last year.
Return on Capital Employed
ROCE Improving: 19's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Swire Pacific's financial position?
Financial Position Analysis
Short Term Liabilities: 19's short term assets (HK$41.7B) exceeds its short term liabilities (HK$36.4B)
Long Term Liabilities: 19's short term assets (41.7B) do not cover its long term liabilities (75.6B)
Debt to Equity History and Analysis
Debt Level: 19's debt to equity ratio (21.2%) is considered satisfactory
Reducing Debt: 19's debt to equity ratio has reduced from 26.6% to 21.2% over the past 5 years.
Debt Coverage: 19's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 19's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
Inventory Level: 19 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 19's debt is not covered by short term assets (assets are 0.6x debt).
Next Steps
Dividend
What is Swire Pacific's current dividend yield, its reliability and sustainability?
4.96%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 19's dividend (4.96%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 19's dividend (4.96%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.29%).
Stable Dividend: 19's dividend payments have been volatile in the past 10 years.
Growing Dividend: 19's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.2%), 19's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 19's dividends in 3 years are forecast to be covered by earnings (54% payout ratio).
Next Steps
Management
What is the CEO of Swire Pacific's salary, the management and board of directors tenure and is there insider trading?
6.8yrs
Average management tenure
CEO
Swire Pacific has no CEO, or we have no data on them.
Management Age and Tenure
6.8yrs
Average Tenure
54yo
Average Age
Experienced Management: 19's management team is seasoned and experienced (6.8 years average tenure).
Board Age and Tenure
3.6yrs
Average Tenure
60yo
Average Age
Experienced Board: 19's board of directors are considered experienced (3.6 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
David Fu (55yo)
Company Secretary
- Tenure: 13.8yrs
Merlin Bingham Swire (45yo)
Chairman of the Board
- Tenure: 1.3yrs
- Compensation: HK$10.34m
Cindy Cheung
Manager Group Public Affairs
- Tenure: 0yrs
Michelle Low (59yo)
Finance Director & Executive Director
- Tenure: 2.3yrs
- Compensation: HK$7.28m
Ivan Chu (57yo)
Executive Director
- Tenure: 5.6yrs
- Compensation: HK$6.15m
Patrick Healy (53yo)
Executive Director of the Beverages Division
- Tenure: 6.8yrs
- Compensation: HK$12.98m
David Peter Cogman (45yo)
Executive Director
- Tenure: 2.2yrs
- Compensation: HK$8.88m
Karen So
Executive Director of China Operations for Swire Beverages
- Tenure: 0yrs
Board Members
Martin Cubbon (61yo)
Non-Executive Director
- Tenure: 0.9yrs
- Compensation: HK$2.97m
Tim Freshwater (74yo)
Independent Non-Executive Director
- Tenure: 11.8yrs
- Compensation: HK$690.00k
Paul Kenneth Etchells (68yo)
Independent Non Executive Director
- Tenure: 2.4yrs
- Compensation: HK$979.00k
Chien Lee (66yo)
Independent Non-Executive Director
- Tenure: 26.8yrs
- Compensation: HK$1.08m
Merlin Bingham Swire (45yo)
Chairman of the Board
- Tenure: 1.3yrs
- Compensation: HK$10.34m
Michelle Low (59yo)
Finance Director & Executive Director
- Tenure: 2.3yrs
- Compensation: HK$7.28m
Ivan Chu (57yo)
Executive Director
- Tenure: 5.6yrs
- Compensation: HK$6.15m
Rose Lee (66yo)
Independent Non-Executive Director
- Tenure: 7.3yrs
- Compensation: HK$750.00k
Samuel Compton Swire (39yo)
Non-Executive Director
- Tenure: 4.8yrs
David Peter Cogman (45yo)
Executive Director
- Tenure: 2.2yrs
- Compensation: HK$8.88m
Company Information
Swire Pacific Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Swire Pacific Limited
- Ticker: 19
- Exchange: SEHK
- Founded: 1816
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$98.572b
- Shares outstanding: 1.50b
- Website: https://www.swirepacific.com
Number of Employees
Location
- Swire Pacific Limited
- One Pacific Place
- 33rd Floor
- Hong Kong
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SWI | DB (Deutsche Boerse AG) | Yes | Series A Shares | DE | EUR | May 1981 |
| SWRA.F | OTCPK (Pink Sheets LLC) | Yes | Series A Shares | US | USD | May 1981 |
| 19 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Series A Shares | HK | HKD | May 1981 |
| 19 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Series A Shares | HK | HKD | May 1981 |
| 19 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Series A Shares | HK | HKD | May 1981 |
| SWRB.F | OTCPK (Pink Sheets LLC) | Series B Shares | US | USD | Jan 1992 | |
| 87 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Series B Shares | HK | HKD | Jan 1992 | |
| SWI1 | DB (Deutsche Boerse AG) | Series B Shares | DE | EUR | Jan 1992 | |
| 87 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Series B Shares | HK | HKD | Jan 1992 | |
| 87 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Series B Shares | HK | HKD | Jan 1992 | |
| SWRB.Y | OTCPK (Pink Sheets LLC) | ADR CL B | US | USD | Aug 1994 | |
| SWRA.Y | OTCPK (Pink Sheets LLC) | SPON ADR A | US | USD | Jul 1995 |
Biography
Swire Pacific Limited engages in property, aviation, beverages, marine services, and trading and industrial businesses in Hong Kong, Asia, the United States, and internationally. Its Property division deve ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:38 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.