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Tomson Group

SEHK:258
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
258
SEHK
HK$5B
Market Cap
  1. Home
  2. HK
  3. Real Estate
Company description

Tomson Group Limited, an investment holding company, engages in property development and investment, hospitality and leisure, securities trading, PVC, and media and entertainment investment businesses in Hong Kong, Macau, and Mainland China. The last earnings update was 151 days ago. More info.


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258 Share Price and Events
7 Day Returns
12.4%
SEHK:258
-1.5%
HK Real Estate
-0.1%
HK Market
1 Year Returns
-30.9%
SEHK:258
-8.4%
HK Real Estate
-12.6%
HK Market
258 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tomson Group (258) 12.4% 15.3% 14.8% -30.9% 56.6% 13.9%
HK Real Estate -1.5% 4.8% 8.8% -8.4% 56.7% 41.2%
HK Market -0.1% 3.7% 4.1% -12.6% 32.1% 13%
1 Year Return vs Industry and Market
  • 258 underperformed the Real Estate industry which returned -8.4% over the past year.
  • 258 underperformed the Market in Hong Kong which returned -12.6% over the past year.
Price Volatility
258
Industry
5yr Volatility vs Market

258 Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Tomson Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Tomson Group.

SEHK:258 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:258
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 8%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.745 (1 + (1- 25%) (28.51%))
0.905
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.9
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.905 * 8%)
9.24%

Discounted Cash Flow Calculation for SEHK:258 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Tomson Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:258 DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (HKD, Millions) 2,254.74 2,683.14 3,166.10 3,704.34 4,297.03
Source Est @ 20%, capped from 25.4% Est @ 19%, capped from 25.4% Est @ 18%, capped from 25.4% Est @ 17%, capped from 25.4% Est @ 16%, capped from 25.4%
Present Value
Discounted (@ 9.24%)
2,064.06 2,248.52 2,428.88 2,601.47 2,762.51
Present value of next 5 years cash flows HK$12,105.43
SEHK:258 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= HK$4,297.03 × (1 + 2%) ÷ (9.24% – 2%)
HK$60,583.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= HK$60,583.42 ÷ (1 + 9.24%)5
HK$38,948.31
SEHK:258 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= HK$12,105.43 + HK$38,948.31
HK$51,053.75
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$51,053.75 / 2,081.84
HK$24.52
SEHK:258 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$24.52
Current discount Discount to share price of HK$2.71
= -1 x (HK$2.71 - HK$24.52) / HK$24.52
88.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Tomson Group is available for.
Intrinsic value
>50%
Share price is HK$2.71 vs Future cash flow value of HK$24.52
Current Discount Checks
For Tomson Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Tomson Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Tomson Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Tomson Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tomson Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:258 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in HKD HK$0.53
SEHK:258 Share Price ** SEHK (2019-02-18) in HKD HK$2.71
Hong Kong Real Estate Industry PE Ratio Median Figure of 187 Publicly-Listed Real Estate Companies 5.64x
Hong Kong Market PE Ratio Median Figure of 1,481 Publicly-Listed Companies 10.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Tomson Group.

SEHK:258 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:258 Share Price ÷ EPS (both in HKD)

= 2.71 ÷ 0.53

5.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tomson Group is good value based on earnings compared to the HK Real Estate industry average.
  • Tomson Group is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Tomson Group's expected growth come at a high price?
Raw Data
SEHK:258 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
6.9%per year
Hong Kong Real Estate Industry PEG Ratio Median Figure of 57 Publicly-Listed Real Estate Companies 0.22x
Hong Kong Market PEG Ratio Median Figure of 465 Publicly-Listed Companies 0.75x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Tomson Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tomson Group's assets?
Raw Data
SEHK:258 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in HKD HK$6.42
SEHK:258 Share Price * SEHK (2019-02-18) in HKD HK$2.71
Hong Kong Real Estate Industry PB Ratio Median Figure of 224 Publicly-Listed Real Estate Companies 0.55x
Hong Kong Market PB Ratio Median Figure of 2,118 Publicly-Listed Companies 0.96x
SEHK:258 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:258 Share Price ÷ Book Value per Share (both in HKD)

= 2.71 ÷ 6.42

0.42x

* Primary Listing of Tomson Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tomson Group is good value based on assets compared to the HK Real Estate industry average.
X
Value checks
We assess Tomson Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Tomson Group has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

258 Future Performance

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

  • No analysts cover Tomson Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tomson Group expected to grow at an attractive rate?
  • Tomson Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Tomson Group's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Tomson Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:258 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:258 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 6.9%
Hong Kong Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Hong Kong Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 16.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:258 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:258 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-06-30 1,383 593 999
2018-03-31 1,745 1,134 1,127
2017-12-31 2,107 1,676 1,255
2017-09-30 2,682 1,847 1,198
2017-06-30 3,257 2,019 1,140
2017-03-31 3,682 2,133 1,008
2016-12-31 4,107 2,248 876
2016-09-30 4,083 2,207 696
2016-06-30 4,060 2,167 516
2016-03-31 3,387 1,624 525
2015-12-31 2,713 1,082 534
2015-09-30 1,810 533 388

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Tomson Group's earnings are expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Tomson Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:258 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Tomson Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:258 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-06-30 0.53
2018-03-31 0.61
2017-12-31 0.69
2017-09-30 0.68
2017-06-30 0.66
2017-03-31 0.60
2016-12-31 0.53
2016-09-30 0.43
2016-06-30 0.32
2016-03-31 0.33
2015-12-31 0.34
2015-09-30 0.25

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Tomson Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Tomson Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Tomson Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

258 Past Performance

  How has Tomson Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Tomson Group's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Tomson Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Tomson Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Tomson Group's 1-year earnings growth is negative, it can't be compared to the HK Real Estate industry average.
Earnings and Revenue History
Tomson Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Tomson Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:258 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1,383.37 999.25 276.29
2018-03-31 1,745.37 1,127.37 302.78
2017-12-31 2,107.37 1,255.49 329.27
2017-09-30 2,682.33 1,197.72 388.11
2017-06-30 3,257.29 1,139.96 446.95
2017-03-31 3,682.17 1,008.11 499.33
2016-12-31 4,107.06 876.26 551.71
2016-09-30 4,083.49 695.98 585.09
2016-06-30 4,059.93 515.70 618.47
2016-03-31 3,386.56 524.89 562.24
2015-12-31 2,713.19 534.07 506.00
2015-09-30 1,809.54 387.81 427.61
2015-06-30 905.89 241.55 349.22
2015-03-31 764.94 168.77 349.51
2014-12-31 624.00 95.99 349.80
2014-09-30 780.90 216.35 376.22
2014-06-30 937.80 336.71 402.65
2014-03-31 929.23 317.17 404.43
2013-12-31 920.66 297.64 406.20
2013-09-30 769.95 196.88 374.29
2013-06-30 619.25 96.12 342.38
2013-03-31 590.82 56.59 345.38
2012-12-31 562.40 17.05 348.39
2012-09-30 1,057.40 44.38 392.42
2012-06-30 1,552.40 71.71 436.45
2012-03-31 1,736.00 43.46 443.95

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Tomson Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Tomson Group used its assets more efficiently than the HK Real Estate industry average last year based on Return on Assets.
  • Tomson Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Tomson Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Tomson Group has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

258 Health

 How is Tomson Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Tomson Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Tomson Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Tomson Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Tomson Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 7.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Tomson Group Company Filings, last reported 7 months ago.

SEHK:258 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 13,647.67 1,531.32 4,064.91
2018-03-31 13,647.67 1,531.32 4,064.91
2017-12-31 13,520.59 797.22 3,692.96
2017-09-30 13,520.59 797.22 3,692.96
2017-06-30 13,092.29 1,605.07 4,221.68
2017-03-31 13,092.29 1,605.07 4,221.68
2016-12-31 12,392.20 1,845.93 2,931.60
2016-09-30 12,392.20 1,845.93 2,931.60
2016-06-30 12,176.86 3,548.42 2,794.25
2016-03-31 12,176.86 3,548.42 2,794.25
2015-12-31 12,186.34 4,655.01 2,863.60
2015-09-30 12,186.34 4,655.01 2,863.60
2015-06-30 12,347.93 5,141.93 2,056.87
2015-03-31 12,347.93 5,141.93 2,056.87
2014-12-31 12,104.63 4,745.91 2,081.60
2014-09-30 12,104.63 4,745.91 2,081.60
2014-06-30 12,075.68 4,495.64 2,065.53
2014-03-31 12,075.68 4,495.64 2,065.53
2013-12-31 12,309.71 4,690.53 2,798.59
2013-09-30 12,309.71 4,690.53 2,798.59
2013-06-30 11,917.92 4,829.77 2,513.45
2013-03-31 11,917.92 4,829.77 2,513.45
2012-12-31 11,734.40 4,277.79 3,076.38
2012-09-30 11,734.40 4,277.79 3,076.38
2012-06-30 11,685.82 3,986.01 2,966.16
2012-03-31 11,685.82 3,986.01 2,966.16
  • Tomson Group's level of debt (11.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (40.5% vs 11.2% today).
  • Debt is well covered by operating cash flow (38.7%, greater than 20% of total debt).
  • Tomson Group earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Tomson Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Tomson Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

258 Dividends

 What is Tomson Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
15.87%
Current annual income from Tomson Group dividends.
If you bought HK$2,000 of Tomson Group shares you are expected to receive HK$317 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Tomson Group's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.01%).
  • Tomson Group's dividend is above the markets top 25% of dividend payers in Hong Kong (5.54%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:258 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 135 Stocks 4%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 916 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:258 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2018-04-26 0.430 16.629
2018-03-27 0.430 11.012
2017-09-22 0.430 11.796
2017-04-26 0.430 11.400
2017-03-29 0.430 10.647
2016-04-22 0.210 8.372
2016-03-30 0.210 9.368
2015-04-23 0.110 5.957
2015-03-27 0.110 5.335
2014-04-29 0.120 5.875
2014-03-28 0.120 5.190
2013-09-23 0.120 5.092
2013-04-29 0.065 3.065
2013-04-02 0.065 3.095
2013-03-28 0.065 3.066
2012-04-27 0.040 2.200
2012-03-30 0.040 2.239
2011-03-31 0.060 2.740
2010-09-28 0.000 0.000
2010-08-31 0.000 0.000
2010-04-14 0.135 4.417
2010-04-13 0.000 0.000
2009-04-29 0.055 1.709
2009-04-07 0.055 3.033
2009-02-19 0.055 3.491

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Tomson Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Tomson Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Tomson Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Tomson Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tomson Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

258 Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Feng Hsu
COMPENSATION HK$9,918,000
AGE 68
TENURE AS CEO 17.2 years
CEO Bio

Madam Hsu Feng Madam has been the Managing Director of Tomson Group Ltd. since December 2001 and its Chairman since December 5, 2006. Madam Hsu has over 10 years’ experience in film production and in property development and investment and retail industry in Taiwan. She has engaged in the property development and leisure activities in mainland China. She serves as an Executive Director of Rivera (Holdings) Limited. She has been an Executive Director of Tomson Group Ltd. since January 1990.

CEO Compensation
  • Feng's compensation has been consistent with company performance over the past year.
  • Feng's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Tomson Group management team in years:

18.3
Average Tenure
55
Average Age
  • The average tenure for the Tomson Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Feng Hsu

TITLE
Chairman & MD
COMPENSATION
HK$10M
AGE
68
TENURE
17.2 yrs

Albert Tong

TITLE
Vice-Chairman
COMPENSATION
HK$4M
AGE
35

Charles Tong

TITLE
Vice-Chairman
COMPENSATION
HK$3M
AGE
37

Yeung Hoi

TITLE
Group Chief Deputy GM & Executive Director
COMPENSATION
HK$2M
AGE
69
TENURE
8.5 yrs

Sau King Kwok

TITLE
Financial Controller
AGE
59
TENURE
19.4 yrs

Yuen Lee

TITLE
Deputy GM & Company Secretary
AGE
51
TENURE
20.9 yrs
Board of Directors Tenure

Average tenure and age of the Tomson Group board of directors in years:

12.2
Average Tenure
54
Average Age
  • The average tenure for the Tomson Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Feng Hsu

TITLE
Chairman & MD
COMPENSATION
HK$10M
AGE
68
TENURE
12.2 yrs

Albert Tong

TITLE
Vice-Chairman
COMPENSATION
HK$4M
AGE
35
TENURE
12.2 yrs

Charles Tong

TITLE
Vice-Chairman
COMPENSATION
HK$3M
AGE
37
TENURE
8.2 yrs

Yeung Hoi

TITLE
Group Chief Deputy GM & Executive Director
COMPENSATION
HK$2M
AGE
69
TENURE
8.5 yrs

Oscar Cheung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
53
TENURE
14.4 yrs

Chan Lee

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
55
TENURE
13.2 yrs

Sean Wang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
54
TENURE
7.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
01. Jun 18 Buy Feng Hsu Individual 29. May 18 29. May 18 78,596,090 HK$3.18 HK$250,281,665
07. Jun 18 Buy Rivera Holdings Ltd., Asset Management Arm Company 04. Jun 18 04. Jun 18 23,865,000 HK$3.18 HK$75,995,654
07. Jun 18 Buy Forty Enterprises Company Limited Company 04. Jun 18 04. Jun 18 1,935,000 HK$3.18 HK$6,161,810
01. Jun 18 Buy Chi Tong Individual 29. May 18 29. May 18 33,879,646 HK$3.18 HK$107,886,464
01. Jun 18 Buy Albert Tong Individual 29. May 18 29. May 18 33,186,801 HK$3.18 HK$105,680,166
X
Management checks
We assess Tomson Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Tomson Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

258 News

Simply Wall St News

Read This Before Selling Tomson Group Limited (HKG:258) Shares

Tomson Group Insider Transactions Over The Last Year. … That means that an insider was happy to buy shares at above the current price … It's not at all bad to see insiders buy shares at or above current prices.

Simply Wall St -

Should You Be Pleased About The CEO Pay At Tomson Group Limited's (HKG:258)

In 2001 Feng Hsu was appointed CEO of Tomson Group Limited (HKG:258). … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Feng Hsu's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Do Institutions Own Tomson Group Limited (HKG:258) Shares?

The big shareholder groups in Tomson Group Limited (HKG:258) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Tomson Group is not a large company by global standards.

Simply Wall St -

With A -12% Earnings Drop, Did Tomson Group Limited (HKG:258) Really Underperform?

Today I will assess 258's recent performance announced on 30 June 2018 and compare these figures to its historical trend and industry movements. … Was 258's recent earnings decline indicative of a tough track record. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 40%, indicating the rate at which 258 is growing has slowed down

Simply Wall St -

What Investors Should Know About Tomson Group Limited's (HKG:258) Financial Strength

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

With 43.28% Earnings Growth, Did Tomson Group Limited (HKG:258) Outperform The Industry?

Improvement in profitability and outperformance against the industry can be important characteristics in a stock for some investors. … Below, I will assess Tomson Group Limited's (HKG:258) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … Were 258's earnings stronger than its past performances and the industry.

Simply Wall St -

A Holistic Look At Tomson Group Limited (HKG:258)

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.

Simply Wall St -

Does Tomson Group Limited's (HKG:258) PE Ratio Warrant A Buy?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for 258 Price per share = HK$3.29 Earnings per share = HK$0.694 ∴ Price-Earnings Ratio = HK$3.29 ÷ HK$0.694 = 4.7x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you are inadvertently comparing lower risk firms with 258, then 258’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price.

Simply Wall St -

May Top Undervalued Stocks

Tomson Group Limited (SEHK:258) Tomson Group Limited, an investment holding company, engages in property development and investment, hospitality and leisure, securities trading, PVC, and media and entertainment investment businesses in Hong Kong, Macau, and Mainland China. … SEHK:258 PE PEG Gauge May 9th 18 Megalogic Technology Holdings Limited (SEHK:8242) Megalogic Technology Holdings Limited, an investment holding company, operates as a fabless semiconductor company in the People's Republic of China, Korea, Taiwan, Russia, and internationally. … SEHK:8242 PE PEG Gauge May 9th 18 China Harmony New Energy Auto Holding Limited (SEHK:3836) China Harmony New Energy Auto Holding Limited, an investment holding company, engages in the sale and service of motor vehicles in Mainland China.

Simply Wall St -

Tomson Group Limited (HKG:258): Time For A Financial Health Check

258's debt levels have fallen from HK$1.85B to HK$797.22M over the last 12 months , which is made up of current and long term debt. … Additionally, 258 has produced HK$1.68B in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 210.17%, meaning that 258’s current level of operating cash is high enough to cover debt. … Next Steps: 258’s high cash coverage and low debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.

Simply Wall St -

258 Company Info

Map
Description

Tomson Group Limited, an investment holding company, engages in property development and investment, hospitality and leisure, securities trading, PVC, and media and entertainment investment businesses in Hong Kong, Macau, and Mainland China. It develops commercial, residential, and industrial properties, as well as offers property management services. The company also operates Tomson Shanghai Pudong golf club located in Huamu District of Pudong, Shanghai; and holds a 50% interest in a hotel situated in Lujiazui of Pudong. In addition, it manufactures and trades in PVC pipes and fittings; and provides nominee and secretarial services. Further, the company engages in the investment and production of live entertainment shows; film distribution business; and trademark holding activities. Tomson Group Limited is based in Central, Hong Kong.

Details
Name: Tomson Group Limited
258
Exchange: SEHK
Founded:
HK$5,371,139,782
2,081,837,125
Website: http://www.tomson.com.hk
Address: Tomson Group Limited
Wing On Centre,
Rooms 1501-2 and 1507-12,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 258 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jan 1992
Number of employees
Current staff
Staff numbers
500
Tomson Group employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 12:35
End of day share price update: 2019/02/18 00:00
Last earnings filing: 2018/09/20
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.